Blockchain technology provider nChain has announced it would invest $2.4 million in Asset Layer, a digital asset platform utilizing blockchain technology, and obtain a 20% equity stake in the company. The investment is expected to facilitate a relationship between...
According to an internal document by Luke Sernau, a senior software engineer at Google's artificial intelligence (AI) efforts are threatened by the open-source community. Sernau argued that independent researchers who use open-source technology are making rapid and unexpected progress...
On May 4, 2023, Vice President Kamala Harris met with top CEOs in the artificial intelligence (AI) sector to discuss concerns about the risks associated with AI. The CEOs of OpenAI, Microsoft, Google, and AI startup Anthropic attended the...
Coinbase has reassured its investors that it has no plans to move its operations elsewhere, despite the regulatory uncertainty and looming crackdown on the cryptocurrency market in the United States. In the company's first shareholder letter in 2023, CEO...
Centralized crypto exchanges (CEX) experienced a decline in trading volumes for the first time in three months in April 2023, according to blockchain analytics provider Kaiko. Trading volumes dropped to just over $500 billion, which is almost half the...
Bitget has launched a $10 million "Blockchain4Youth" initiative to support the education and growth of blockchain technology. The project will offer blockchain courses and certifications through Bitget Academy and collaborate with universities globally to hold a series of campus...
The Nigerian government has announced a national blockchain policy aimed at promoting the development of a blockchain-based economy that enables secure transactions, data sharing, and value exchange among individuals, companies, and the government. This move is expected to benefit...
Four prominent U.S. media outlets, including The Financial Times, Bloomberg, The New York Times, and Dow Jones, are continuing their efforts to uncover the identities of non-U.S. clients of FTX. On May 3, 2023, these media outlets submitted renewed...
OKX Ventures, the investment branch of Web3 technology firm OKX, has announced its investment in AlienSwap, a community-driven NFT marketplace and aggregator. The investment will enable AlienSwap to expand its operations and establish itself as a leading NFT marketplace....
Several regional banks in the United States saw a significant decline in their stock values during after-hours trading on May 4, 2023. PacWest Bancorp, in particular, suffered a 52.5% drop, and this has led the bank to consider some...
