British fund giant Baillie Gifford launches tokenization pilot project on Ethereum

The post Bio Protocol Raises $6.9M to Advance AI-Powered Decentralized Science appeared on BitcoinEthereumNews.com. Decentralized science (DeSci) platform Bio Protocol secured backing from investors including Maelstrom Fund and Animoca Brands to expand its artificial intelligence-native biotech research framework.  Bio Protocol announced Wednesday that it had raised $6.9 million in funding, reflecting growing interest in decentralized approaches to drug discovery that integrate AI, blockchain and community engagement.  Maelstrom founder Arthur Hayes described Bio Protocol as a potential “category-defining launchpad” for scientific research. “If it works, it’s not just a launchpad – it’s the birth of an AI-native research market,” he said. Hayes also highlighted how it opens up research opportunities that communities find appealing, not just what academics find interesting.  Cointelegraph reached out to Maelstrom and Animoca for more information, but did not receive a response by publication.  Source: Bio Protocol Speeding up science using AI and crypto DeSci is a movement that uses blockchain technology, crypto incentives and decentralized governance to change how scientific research is conducted, funded and shared. Bio Protocol said it’s speeding up science by integrating crypto and AI. Its approach compresses the drug discovery pipeline using blockchain-based funding and coordination.  Instead of waiting years for traditional grants to be awarded or pharma partnerships to be formed, researchers can use decentralized AI agents, dubbed “BioAgents” that generate hypotheses, connect to onchain wallets and channel community-raised capital into experiments.  Each step of the process will be recorded onchain, ensuring that contributors will be credited and maintaining an immutable record of research progress.  The protocol also uses crypto-native incentives to keep research moving faster. It uses tokenized intellectual property, staking systems and loyalty rewards to align investors, researchers and community members around shared outcomes.  Related: ‘Science needs an update’: How DeSci can fix junk science and cure baldness Addressing inefficiencies in academic research Simon Dedic, the founder of Moonrock Capital, one of Bio…

PANews reported on September 19th that Christine Kim, former vice president of research at Galaxy Digital, stated on the X platform that today's Ethereum developer meeting, ACDC 165, reached a key decision, confirming the schedule for the Fusaka public testnet and the BPO hard fork. Developers agreed on the upcoming schedule for Fusaka: Holesky upgrade on October 1st, Sepolia upgrade on October 14th, Hoodi upgrade on October 28th, and mainnet upgrade on December 3rd. The exact date, time, and epoch number will be reconfirmed in the coming days. Developers also agree that, based on some preliminary analysis of Fusaka Devnet-5, blob capacity should more than double within two weeks of Fusaka's activation. Initially, Fusaka will not make any changes to blob capacity. After the first week, the first BPO fork will activate, increasing the target/maximum blob count from 6/9 to 10/15. A week after the first BPO fork, the second BPO fork will activate, further increasing these values to 14/21.

PANews reported on September 19th that Sky (formerly MakerDAO) announced on the X platform that voting has opened on a proposal to implement a late upgrade penalty for MKR to SKY. As part of the ongoing MKR to SKY upgrade process, Sky Atlas has specified that an executive vote on September 18, 2025, will set a 1% late upgrade penalty for the new MKR to SKY conversion contract. If the vote passes, all MKR to SKY upgrades will be subject to a 1% late upgrade penalty starting September 22, 2025. Thereafter, the late upgrade penalty will gradually increase by 1% every three months.