According to @cas_abbe, Inference Labs is advancing the AI stack for Web3 through collaborations with Bittensor, Render, and Mode. Bittensor provides the AI incentive layer, facilitating rewards for AI contributions on the blockchain. Render offers on-chain AI compute resources, enabling decentralized processing power. Mode focuses on scaling AI dApps, enhancing their performance and accessibility. These collaborations could significantly impact trading strategies by improving AI-driven analytics and execution in Web3 environments.

According to Eric Cryptoman, there is a growing perception that many traders, including himself, do not hold enough Bittensor ($TAO) as its price remains below $500. This suggests a potential opportunity for traders to consider reallocating profits into $TAO while it is undervalued, as stated by Eric Cryptoman.

According to Cas Abbé, Bittensor is a decentralized AI platform where the verification of competing AI models is essential for ensuring legitimacy in reward allocation. Inference Labs addresses this by introducing a verification mechanism known as 'Proof of...' to authenticate these models, which could significantly impact trading strategies on the platform by ensuring only verified models receive rewards.

According to @CryptoMichNL, the cryptocurrency $SAI is going live today. This listing is highly anticipated as $SAI is an AI project with multiple partnerships built on the Bittensor ($TAO) ecosystem. Traders are looking forward to this launch.

According to PeckShieldAlert, July 2024 saw 16 hacks in the cryptocurrency sector, leading to approximately $266 million in losses, excluding a potential governance attack on Compound. The most significant breach was on WazirX, resulting in a $230 million loss. Other notable incidents include a $24 million potential governance attack on Compound and a $9.73 million hack on LI.FI.

According to @CoinbaseIntExch, Coinbase International Exchange and Coinbase Advanced will add support for Bittensor, Toncoin, and Tellor perpetual futures. The trading for TAO-PERP, TON-PERP, and TRB-PERP markets will commence on or after 9:30am UTC on July 25, 2024. This development is significant for traders looking to engage with these specific cryptocurrencies.