_🚨💹👌Canyon Network Secures $6M Funding for AI-Powered Blockchain Oracle_# 🚀
New York-based Canyon Network has raised $6 million in funding at a $60 million valuation to enhance its revolutionary AI-powered blockchain oracle.
_What is Canyon Network?_ 🤔
Canyon Network develops innovative AI-driven solutions for blockchain-based applications, providing secure and transparent on-chain AI power.
_The Funding_ 💸
The $6 million investment will expand Canyon Network's AI capabilities, further enhancing its blockchain oracle.
_Enhancing Blockchain Oracles_ 🔍
Canyon Network's technology enables decentralized applications (dApps) to:
- Make data-driven decisions with AI-driven insights 💡
- Enhance security through verifiable AI power 🔒
- Improve transparency with on-chain AI solutions 📊
_Expert Insights_ 💡
"Canyon Network's AI-powered oracle will revolutionize blockchain decision-making." - Crypto Analyst
_Market Impact_ 📈
Canyon Network's growth will likely influence the blockchain oracle market, driving innovation and adoption.
_Company Background_ 📊
- Founded in New York
- Develops AI-powered blockchain solutions
- Valued at $60 million
_Source:_
CoinDesk
Date: October 2024
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