logo
#

Latest news with #DFINITYFoundation

Maestro Advances Native Ordinals and Runes Indexer on ICP to Power Bitcoin DeFi
Maestro Advances Native Ordinals and Runes Indexer on ICP to Power Bitcoin DeFi

Business Insider

time22-07-2025

  • Business
  • Business Insider

Maestro Advances Native Ordinals and Runes Indexer on ICP to Power Bitcoin DeFi

Maestro, the leading infrastructure provider for Bitcoin DeFi, has been awarded a grant from the DFINITY Foundation to build an enterprise-grade, native Bitcoin metaprotocol indexer for the Internet Computer Protocol (ICP). The collaboration delivers a high-performance ICP canister capable of providing real-time Ordinals and Runes data within ICP's Bitcoin integration. Since its launch in 2023, ICP's Bitcoin integration has become a leading Bitcoin smart contracts platform through Chain Fusion technology. It powers some of the most successful Bitcoin DeFi applications, including Liquidium, Omnity and Maestro's contribution will further expand these capabilities by enhancing infrastructure for Ordinals and Runes-based apps. Maestro Indexer offers native validation of Bitcoin assets like Ordinals and Runes directly within ICP canisters. The system is designed for reliability, with features such as mempool-awareness for fast responsive times and protection against blockchain reorganizations. This ensures high performance and secure data delivery for any application built on ICP. Liquidium, Bitcoin's largest lending protocol, will be the first to utilize the new indexer. Maestro will power Liquidium's upcoming instant cross-chain loans product built directly on Bitcoin. Users will be able to lock BTC on Bitcoin Layer 1 and borrow USDT on Ethereum without relying on bridges or wrapped tokens. 'I'm thrilled to collaborate with the DFINITY Foundation to extend ICP's Bitcoin integration with secure Runes and Ordinals indexing necessary for financial apps like Liquidium and This partnership further strengthens ICP's lead in the Bitcoin DeFi ecosystem and unlocks new functionality for users,' said Maestro Co-Founder and CEO Marvin Bertin. Maestro's infrastructure is already trusted by more than 1,000 developers and powers 200+ applications. Now, its services will extend to the ICP ecosystem. The indexer will be fully open-sourced, giving developers a powerful, transparent tool for building native Bitcoin applications, from DeFi to gaming. By integrating deeply with Bitcoin's protocol, Maestro's system offers developers on ICP secure and reliable access to Bitcoin data. This unlocks entirely new categories of applications that combine Bitcoin's liquidity with ICP's contract and cross-chain capabilities through Chain Fusion technology. "Maestro's native indexer adds a valuable piece of infrastructure for the growing Bitcoin DeFi ecosystem on the Internet Computer," said Lomesh Dutta, VP of Growth at the DFINITY Foundation. "Now we're able to provide developers with direct, trustless access to Ordinals and Runes data to further enable the massive wave of innovation that relies on Chain Fusion's unique ability to interact with Bitcoin without bridges or intermediaries." The project represents a major step toward scaling Bitcoin-native innovation. With the support of Maestro's technology, ICP continues to position itself at the forefront of the evolving Bitcoin DeFi economy. About Maestro Maestro is the first enterprise-grade infrastructure provider tailor-made for Bitcoin DeFi. Its mission is to accelerate the world's transition to the Bitcoin Economy by delivering a comprehensive, scalable infrastructure stack optimized for on-chain finance. By empowering developers and businesses with robust software tooling, Maestro is setting a new standard for how financial applications are built on Bitcoin, fueling the evolution of a decentralized, blockchain-native financial system. Learn more: About the Internet Computer The Internet Computer (ICP) represents a fully decentralized web3 cloud platform, enabling developers to deploy code directly onto the blockchain without relying on servers or centralized infrastructure. This fast, cost-efficient, and highly scalable protocol redefines the operational paradigm of a decentralized web3 platform. ICP offers the same functionalities as centralized clouds but with economically efficient computation, heightened security, and rapid processing speeds intrinsic to decentralized technology.

ICP Slides 3% But Caffeine Launch Sparks Rebound
ICP Slides 3% But Caffeine Launch Sparks Rebound

Yahoo

time16-07-2025

  • Business
  • Yahoo

ICP Slides 3% But Caffeine Launch Sparks Rebound

Internet Computer (ICP) saw a volatile 24-hour stretch marked by early selling and a sharp rebound After falling to $5.27, the token recovered into the close to settle at $5.4324 - trimming losses after a 3.47% daily decline. The turnaround came amid renewed optimism driven by the official launch of Caffeine, a next-generation AI-powered Web3 platform built on ICP. Unveiled on July 15, 2025, at the 'Hello, Self-Writing Internet' event in San Francisco, Caffeine empowers users to build decentralized apps using natural language — no code required. The platform's debut marks a significant milestone in Internet Computer's strategy to merge on-chain AI with seamless dapp creation, helping to ignite buying interest late in the day. Overnight, bears pushed ICP from $5.39 to $5.20 on volume exceeding 850,000 contracts at 03:00 UTC, according to CoinDesk Research's analysis. However, the landscape shifted after 14:30 UTC on Tuesday. ICP dropped to $5.27 but then reversed higher on a series of institutional-sized volume spikes. This flurry of activity lifted the token back to $5.34, narrowing the day's losses and reinforcing buyer presence around the $5.27-$5.28 support band. Fundamental progress further bolstered sentiment. The DFINITY Foundation has burned over 1 million tokens to tighten supply, while its new vetKeys privacy protocol addresses critical concerns in blockchain data security. With AI now live on-chain via Caffeine and technical buyers stepping in near key support, ICP appears poised to test resistance at $5.40 once again, backed by ecosystem momentum and strategic upgrades. ICP fell 3.47% in 24 hours, with a $0.30 intraday spread from $5.50 to $5.2115. Caffeine's launch introduced AI-powered dapp creation, driving bullish sentiment. Bears pushed price lower early; $5.20 support held firm on heavy overnight volume. A rebound lifted ICP from $5.27 to $5.34 after a wave of accumulation. Notable volume surges: 14:52 (41,106), 15:03 (44,658), 15:29 (17,658). Resistance remains at $5.40–$5.42, where rallies repeatedly paused. Support re-established at $5.20–$5.28 following recovery. Current price: $5.4324, holding above intraday lows and showing upward bias. Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards. For more information, see CoinDesk's full AI Policy.

DFINITY Opens Early Access to Caffeine: A Tool For Anyone to Build Fully Customized and Secure Apps
DFINITY Opens Early Access to Caffeine: A Tool For Anyone to Build Fully Customized and Secure Apps

Business Wire

time15-07-2025

  • Business
  • Business Wire

DFINITY Opens Early Access to Caffeine: A Tool For Anyone to Build Fully Customized and Secure Apps

SAN FRANCISCO--(BUSINESS WIRE)--The DFINITY Foundation today announced the alpha release of Caffeine, offering early access to a new AI platform that simplifies how everyone builds and deploys personalized, secure, and sovereign apps. Following the milestone ' Hello, Self-Writing Internet ' event in San Francisco, which welcomed almost 1000 participants, the Caffeine platform is now open to early alpha users through a phased onboarding process, before a global launch later this year. Caffeine introduces a natural language approach to app development, allowing users to describe what app they want to build in plain language. The platform builds, updates, and deploys working apps in real time. It is designed to make both personal and professional app creation as intuitive and simple as writing an email or sending a text, with no need for coding experience or infrastructure expertise. Caffeine's user experience has been designed with non-technical users in mind, opening up app development to a much broader audience. Unlike existing AI development tools, Caffeine handles everything from secure backend logic to full-stack deployment, enabling everyone to build secure, resilient, and sovereign apps with minimal effort. The platform supports a wide range of use cases, from business tools and workflows to full-fledged digital products, websites, and applications. This serves as a significant step toward a more open, intuitive, and accessible digital economy. DFINITY Founder & Chief Scientist Dominic Williams shared, 'Caffeine unlocks the creative potential of five billion people. For the first time, anyone, regardless of technical background, can build powerful, secure applications just by describing what they want. This is the foundation of what we call the self-writing internet: where imagination becomes application, and AI is the builder. Our long-term vision is simple but radical – anyone with an internet connection should be able to create production-grade apps as easily as sending a text.' As part of the alpha release, Caffeine also introduces an App Market feature, where users can explore, clone, adapt, and iterate on a growing library of starter applications. This feature allows anyone to accelerate everyday use cases by providing customizable templates that can be easily tailored to individual needs. In the future, users will be able to publish and monetize their applications directly through the platform. Caffeine is powered by the Internet Computer, a public sovereign network - primarily developed by the DFINITY Foundation - which offers a higher level of security, sovereignty, and resilience than traditional, big-tech, cloud-based alternatives. Businesses, entrepreneurs, and creators interested in early access can apply via the official website: DFINITY is a not-for-profit organization dedicated to researching and developing the Internet Computer, a network that transforms the Internet into a public sovereign cloud capable of hosting the next generation of software and services. Since 2016, DFINITY has grown into a leading tech R&D organization, employing renowned computer scientists and researchers in Zurich and San Francisco.

Egypt Opens a Gateway to the Future of the Internet with the Launch of ICP Hub Egypt
Egypt Opens a Gateway to the Future of the Internet with the Launch of ICP Hub Egypt

Identity

time02-07-2025

  • Business
  • Identity

Egypt Opens a Gateway to the Future of the Internet with the Launch of ICP Hub Egypt

For years, blockchain technology remained out of reach for many in Egypt. The obstacles were not just technical; they were economic and legal. Most Web3 platforms required users to pay for services using cryptocurrencies, a major challenge in a country where access to digital assets is still tightly regulated. That era is now changing. The launch of ICP Hub Egypt, a first-of-its-kind initiative powered by the Internet Computer Protocol (ICP), marks a transformative moment for Egypt's digital future. Backed by billions in global R&D and guided by a vision to build a sovereign internet, ICP is the only blockchain in the world where developers can pay in Egyptian pounds (EGP) to access decentralized storage and compute power directly on-chain. World Computer Hacker League 2025: Egypt Enters a Global Arena To mark this launch, ICP Hub Egypt is calling on Egypt's brightest developers to join the World Computer Hacker League 2025 (WCHL25); a four-month global hackathon organized by the DFINITY Foundation and the ICP Hubs Network. Unlike traditional weekend hackathons, WCHL provides developers with extended time and real support to build production-ready apps using ICP's decentralized infrastructure. Teams will progress through four key stages: Qualification Round: Submit your idea National Round (Egypt): Compete locally Regional Round (Africa): Face off with continental teams Global Finals: Pitch to global investors and compete for major prizes With over $300,000 in total prizes, and investment opportunities for the top teams, this is a rare opportunity for Egyptian developers to launch globally competitive products starting right here in Egypt. 📌 Register now: 💬 Join the Egyptian community on Discord: Why ICP Is Different ICP is not just another blockchain; it is the only distributed system in the world where AI can run directly on-chain with full privacy guarantees. It is also the first and only protocol that allows nations to build sovereign internet infrastructure without relying on foreign cloud providers or centralized servers. With ICP, developers can: Deploy full-stack applications directly on the blockchain Pay for compute and storage in EGP; no crypto wallet required Run tamper-proof smart contracts and AI models Ensure end-to-end privacy and robust cybersecurity by default At a time when concerns around surveillance and data misuse are escalating, ICP provides a secure and future-ready alternative that respects both individual and national digital rights. Led by Egypt's Web3 Venture Studio: Mercatura Forum ICP Hub Egypt is operated by Mercatura Forum, Egypt's leading Web3 venture studio. Mercatura supports developers, researchers, and early-stage founders through incubation, funding, and mentorship. The studio leads national efforts to build blockchain-native startups and grow Egypt's Web3 economy. From hackathons and university outreach to startup acceleration and policy engagement, Mercatura ensures that ICP Hub Egypt is more than a tech hub; it is a launchpad for digital sovereignty and innovation in Egypt. Reimagining the Internet from Cairo The Internet Computer represents more than just a shift in infrastructure. It is a philosophy of ownership, privacy, and national independence in the digital space. For the first time, Egyptian developers can access global-grade infrastructure using local currency, build with full privacy, and contribute to shaping a sovereign internet. With the launch of ICP Hub Egypt, the door is open; and a new generation of Egyptian builders now has the opportunity to step through it. 🔗 Learn more:

Live Caffeine demonstration rounds out a landmark day at the 2025 World Computer Summit
Live Caffeine demonstration rounds out a landmark day at the 2025 World Computer Summit

Cision Canada

time11-06-2025

  • Business
  • Cision Canada

Live Caffeine demonstration rounds out a landmark day at the 2025 World Computer Summit

SINGAPORE, June 11, 2025 /CNW/ -- On June 3rd 2025, DFINITY Foundation hosted a market-leading selection of international technologists, developers, policy makers, community members, builders, and pioneers in Zürich for the second World Computer Summit (WCS) – a one-day event dedicated to the future of the open internet. The event focused on several themes, all critical to the realisation of the World Computer vision. These included the topics of decentralised compute, sovereign cloud and data infrastructure, tamperproof and autonomous infrastructure, the role and need for AI on chain, the investment and regulatory landscape, and the many efforts DFINITY is undertaking to help make digital landscapes safer, more productive, and more interconnected than ever before. The diverse range of influential speakers spanned companies and institutions such as Animoca Brands, UNDP, Cisco, Heidrick & Struggles, ETH Zurich, 21Shares, Boston Consulting Group, Credit Agricole Italia, and many more, who all shared a similar message: decentralization and AI adoption are no longer abstract concepts or nice to haves – but an urgent, achievable reality. With more than 1,000 attendees welcomed for a Main Stage program of keynotes, panels, firesides, demos, the most notable moment of the day came just before the event's close, as DFINITY Foundation's Founder and Chief Scientist, Dominic Williams, unveiled a new paradigm for the Self-Writing Internet. As Dom delivered the world's first, live, onstage demo of DFINITY's hotly anticipated Caffeine AI tool, it was clear for all those in attendance that this secure, customisable, end-to-end, app builder has the potential to radically transform the lives of anyone with internet access - all through its easy-to-use natural language prompt and highly intuitive user interface. He also announced the opening of the hotly anticipated waitlist for alpha access, with sign ups now accessible via the dedicated microsite Caffeine is the world's first self-writing apps platform, and represents a milestone development for DFINITY Foundation. Community engagement and developer activations One of the most notable aspects of WCS25 was the strength and enthusiasm of the ICP builder and holder community, with an entire section of the event staged to platform, engage, and demonstrate ICP's exceptional capabilities to builders of all levels of growth. From early-stage developers to established dapp teams and infrastructure providers, this part of the event highlighted the diversity and momentum of the ICP ecosystem. Pitches and Panels in this section included notable ICP projects, such as KongSwap, Liquidium, PiggyCell, Omnity Network, and more. Throughout the day, the Ecosystem Stage played host to an engaging array of demonstrations, project pitches, use cases and builder tools, spanning DeFi, Agentic AI, RWA, and more. DFINITY's expert teams also delivered critical project milestone updates and capability demonstrations for OISY Wallet and Chain Fusion technologies, to name just a few. A new era of Internet Computer 2.0 As the Summit drew to a close, it was clear that the movement for an open, decentralized Internet focusing on accessibility, data sovereignty and ownership is growing - and will be fueled by a combination of developer ambition and AI capabilities. The DFINITY Foundation remains steadfast in its commitment to pushing forward to make this vision a reality, pushing the boundaries of what is possible and contributing to the development of breakthrough, real-world, applications. Speaking on the demonstration, Dominic Williams said, "We are proud to announce the advent of Internet Computer 2.0. The network now provides a unique cloud computing environment that enables AI to build solo. Today we demonstrated an incredible alpha version of the platform, which will be followed by a beta in about a month that will be released to the public. We are targeting a future where everyone in the world can create online functionality just by talking."

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store