Lumo-8B-Instruct (LUMO)
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About LUMO
Lumo Labs is an energetic, open-source community leading the way in innovation within the Solana ecosystem. Their expertise lies in creating sophisticated AI models tailored to improve and broaden Solana's functions. They are the pioneers behind the revolutionary Lumo 70B and Lumo 8B models—currently the largest AI models ever developed and trained on the Solana platform. To drive their progress, they utilize the exceptional Lumo Iris Dataset, which is the most comprehensive training dataset available within the Solana ecosystem.
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Fact Sheet
News
Brazil Mulls Taxing Cryptocurrency to Offset Financial Transaction Tax Hike
Amid a public debate regarding an executive order that increases the current tax on financial transactions, Brazil is considering taxing crypto transactions to mitigate the impact of the increase, which would affect a larger audience. Brazil Mulls Cryptocurrency Transaction Tax…

Tether’s CEO: Stablecoins Are Key to Financial Transformation in Africa
Tether has made a strategic investment in a pan-African blockchain financial solutions provider to enhance cross-border payments and global liquidity for African businesses. Stablecoins: The Heartbeat of Financial Transformation Stablecoin issuer Tether announced June 5 that it had made a…

Hail Mary in Crypto: Spanish Coffee Chain Plans Massive Bitcoin Treasury—Will It Work?
Vanadi Coffee, a Spanish coffee franchise, will discuss the possibility of allocating up to 1 billion euros (nearly $1.1 billion) to establish a bitcoin treasury. The proposal, still to be approved, would position the company among the largest holders of…

Bitcoin Craters to $100K as $837M in Crypto Positions Vanish
On Thursday, bitcoin dipped to $100,426, shedding nearly 4% of its value in a single day. Bitcoin (BTC) spent the day under pressure, sliding from just above $104,000 to about $100,500 per coin. While it hasn’t slipped beneath the six-figure…

Report Claims 'Infighting,' Cease-and-Desist Hits Trump-Linked Crypto Project After Wallet Reveal
Bloomberg reports that World Liberty Financial, a company tied to Trump, has fired off a cease-and-desist letter to Fight Fight Fight—another Trump-linked business outfit—over the escalating drama surrounding the Trump Wallet debacle. Trump-Backed Financial Firm Targets So-Called Trump Wallet Project…
