According to Goldman Sachs, the current period is the early phases of a new technology cycle, which is poised to deliver additional strong performance. Goldman Sachs has firmly maintained that an artificial intelligence (AI) bubble doesn’t exist, despite concerns persist among analysts regarding the significant surge in AI market interest and the resulting spike in...Continue Reading

Grab, Southeast Asia’s Uber-like super app, is working with the USDC issuer Circle to enable Web3 services for its 187 million users. Grab, Southeast Asia’s super app and the biggest technology startup in the region, is piloting Web3 services in Singapore in collaboration with the USD Coin (USDC) issuer Circle. Announcing the partnership on Sept....Continue Reading

SEC commissioners Hester Peirce and Mark Uyeda described the NFT sales as a “common phenomenon” in the world of creators. The United States Securities and Exchange Commission (SEC) charging nonfungible token (NFT) project Stoner Cats sparked feedback from commissioners Hester Peirce and Mark Uyeda, arguing that the project’s activity constitutes fan crowdfunding, which they believe...Continue Reading

The bill, aimed at regulating the artificial intelligence in the country, was introduced to the Senate in December 2022. Catching up with the wave of regulatory attention to artificial intelligence (AI), Brazil gets its work plan to discuss, analyze and, if necessary, amend the bill on AI regulation.  On Sept. 12, the local Senate’s Internal...Continue Reading

BTC price strength marches on despite the curveball CPI print and FTX liquidation go-ahead, and Bitcoin traders are hopeful for long opportunities. Bitcoin (BTC) hit new September highs after the Sep. 14 daily close as markets digested macroeconomic and crypto industry news. BTC/USD 1-hour chart. Source: TradingView Trader: Bitcoin market “feels different” Data from Cointelegraph...Continue Reading

The fund, named KXVC, will target AI, Web3, and Deep Tech startups with a focus on the Asia-Pacific region. According to the press release published on Sept. 13, the fund will possess a $100 million investment budget with Krating Poonpol, a Chairman of KBank Business Technology Group, in charge of the enterprise. In Poonpol’s words:...Continue Reading

Chun’s reservations about whether to return the funds to Paxos stems from him being “annoyed” that “the person claiming it (the funds) kept saying EST instead of EDT/UTC.” A Bitcoin (BTC) miner who mistakenly received 20 BTC — worth over $500,000 — from crypto exchange Paxos for settling a 0.008 BTC ($200) transaction is now...Continue Reading

Coinbase CEO Brian Armstrong cautioned the United States Commodities and Futures Trading Commission (CFTC) to avoid taking enforcement actions against (DeFi) protocols. Coinbase CEO Brian Armstrong has expressed his endorsement of decentralized finance (DeFi) protocols. In a recent social media post, Armstrong urged the DeFi protocols to consider legal proceedings in court to set a...Continue Reading

The majority of the tech leaders in attendance agreed that AI needs to be regulated with Elon Musk calling the meeting a game changer for civilization. The top executives from some of the world’s largest tech and web companies have concluded a closed-door meeting with U.S. lawmakers in Washington D.C., where they reportedly discussed AI technology...Continue Reading

Californian Assembly Member Ash Kalra labeled the bill as a “common sense requirement” to help protect the work of actors, artists and entertainers. A Californian lawmaker has introduced a bill to protect actors, artists, and entertainers from artificial intelligence, by mandating employment contracts to include informed consent when it comes to digital replicates. Ash Kalra,...Continue Reading