Demand for AI has soared this year, with some experts labeling the adoption of the technology as the Fourth Industrial Revolution. After GPU giant NVIDIA announced breakout earnings last week, AI crypto tokens have surged in value. At the time of publication, OpenAI CEO Sam Altman’s Worldcoin (WLD) is currently trading at $8.04, representing a...Continue Reading

ZK-proofs are marketed as a miracle cure for many of blockchain’s ills, but some less discussed side effects are introducing fresh risks. Zero-knowledge proofs (ZK-proofs) are an emerging success story for cryptography and blockchain with multiple use cases, including improved transaction privacy and scalability. ZK technology allows two parties to agree that a claim is...Continue Reading

Avail aims to use these funds to solve the fragmentation issues of the Web3 industry. Avail, a Web3 data availability and consensus layer, has closed a $27 million seed funding round, led by Founders Fund and Dragonfly. The $27 million seed round included other notable venture capital firms, including SevenX, Figment, Nomad Capital, and other...Continue Reading

More than 400 Pyth price feeds will be launched on the open-source, proof-of-stake public ledger Hedera. Pyth Network — a provider of real-time market data for blockchain applications — will launch price feeds and Pyth benchmarks on open-source, proof-of-stake public ledger Hedera. According to a Feb. 26 press release, more than 400 Pyth price feeds...Continue Reading

Circle will provide an in-game wallet and USDC payout support for gaming creators of the metaverse game Overdare. Metaverse-focused venture Overdare announced a partnership with USD Coin issuer Circle to integrate in-game Web3 wallets and USDC payouts for its gaming content creators.  On Feb. 26, Circle announced a strategic partnership with Overdare to enable easier...Continue Reading

MicroStrategy’s acquisition follows predictions that Bitcoin ETFs could surpass Gold ETFs in assets under management, during the next two years. Michael Saylor’s MicroStrategy has acquired an additional 3,000 Bitcoin for a total of $155 million at an average price of $51,813 between Feb. 15-25.  This brings the company’s Bitcoin holdings to 193,000 Bitcoin, acquired for...Continue Reading

While there have been some small steps forward, the worlds of crypto and traditional finance are still oceans apart. There have been some hard-fought victories to better integrate cryptocurrencies and traditional finance. A case in point: the approval of the first spot Bitcoin (BTC) exchange-traded funds (ETFs) in the United States on Jan. 10. The...Continue Reading

Meta outlines its strategy to combat the misuse of generative AI in content on its platforms ahead of the European Union parliamentary elections in June 2024. Meta, the parent company of Facebook and Instagram, has outlined its strategy to combat the misuse of generative artificial intelligence (AI) to ensure the integrity of the electoral process...Continue Reading

The initial post was rapidly amended following ZachXBT’s discovery. Dechat, an open-source Web3 communication protocol for decentralized user interactions, has erroneously linked to a honeypot PancakeSwap pool in its official token launch announcement on Feb. 26.  “You clowns literally linked a honeypot for your own token launch,” wrote pseudonymous on-chain researcher ZachXBT, in a Feb....Continue Reading

A Hong Kong-based crypto exchange has suspended withdrawals for at least three days without warning. Hong Kong-based crypto exchange BitForex has halted withdrawals for at least three days without giving a reason. Before the halt, around $56 million in crypto had been withdrawn from the exchange’s wallets.  In a Feb. 23 X post, on-chain sleuth...Continue Reading