Web3 threatened by Web2.5 and regulations, exec warns
Outlier Ventures founder Jamie Burke warns that as projects compromise with products that are not interoperable, it blurs the vision of Web3.
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Chinese city launches govt-backed metaverse platform
The platform aims to consolidate the resources of academic institutions and enterprises in China and bolster research efforts in areas related to the metaverse.
Pakistan aims to produce 1 million AI-trained IT graduates by 2027
The policy framework showcases Pakistan’s willingness to integrate AI for public and national betterment. The country has set 15 targets with timelines ranging from 2023 to 2028.
Blizzard and Adobe tap generative AI tools to be 'co-pilot' to humans
The goal of introducing generative artificial intelligence tools by the two tech firms isn’t to replace humans but to help them.
AI deepfakes are getting better at spoofing KYC verification: Binance exec
The technology is getting so advanced, deepfakes may soon become undetectable by a human verifier, said Jimmy Su, Binance's Chief Security Officer.
South Korea’s lead party wants crypto disclosure laws to apply earlier: Report
The proposed bill would require top government officials and lawmakers to declare all personal crypto holdings over $760.
Japan’s crypto Anti-Money Laundering measures to start in June: Report
The Japanese parliament has decided to roll out tougher AML procedures in line with the “travel rule.”
Core Scientific moves for September bankruptcy exit, expects $46M boost
Core Scientific said favorable market conditions have increased its liquidity position and its bankruptcy restructuring plan has been revised.
ETH can be a security and a commodity: Former CFTC commissioner
Ether can simultaneously be a security and commodity under the regulatory scope of the SEC and CFTC, former CFTC commissioner Dan Berkovitz claimed.
Ledger key recovery service paused amid backlash, will open-source code
Ledger CEO Pascal Gauthier says the past week has been a “humbling experience” and apologized for the firm’s “miscommunication.”
Ethereum price is pinned below $1.9K, and data suggests that is unlikely to change in the short–term
3 key indicators are behind the prolonged bearish trend in Ether, and data fails to identify an immediate catalyst for a price breakout.
Dispersion Capital launches $40M venture fund to ‘bring Web3 to the masses’
The firm aims to fund startups building infrastructure for Web3 and other decentralized technology projects.
Coinbase continues effort to get mandamus for SEC response to rulemaking petition
The cryptocurrency exchange filed a petition for rulemaking with the SEC in July and was served a Wells notice for potential violations of securities law in March.
AI developer Anthropic raises $450M in Series C round
“The funding will support our efforts to continue building AI products that people can rely on," developers wrote.
Crypto should mimic TradFi rules: Global securities regulator IOSCO
According to the U.S. SEC, IOSCO members together regulate more than 95% of the world’s securities markets.
NFT marketplace enables cross-chain purchases on multiple networks
Nonfungible token marketplace NFTrade now supports cross-chain purchases on Ethereum, Polygon, Avalanche and BNB Chain.
Bitcoin surpasses Solana to become second most popular NFT blockchain
Bitcoin’s NFT market is growing, but it is primarily driven by newfound hype for memecoin trading on the blockchain.
Prometheum subsidiary receives FINRA approval for digital asset qualified custody
The approval marks the first time a digital asset custody provider has come under federal regulation as the SEC tightens custody rules.
Solana integrates AI into blockchain, raises grants fund to $10M
The ChatGPT plugin integrated into Solana is open source and can be downloaded from GitHub.
CBDCs on the horizon: The current state of CBDC initiatives around the world
Central bank digital currencies gain traction as countries worldwide engage in their development despite skepticism from the crypto community.
8 ways crypto exchanges can help address liquidity concerns
Crypto exchanges must take the initiative in addressing regulators’ and investors’ concerns about liquidity.
Can quantum computers mine Bitcoin faster?
Quantum computers cannot mine Bitcoin faster than classical computers, but they have the potential to do so in the future.
NFT ticketing dishes out a punch at mixed martial arts league
The mixed martial arts organization, Professional Fighters League, will use NFT tickets, becoming the latest sports body to explore the Web3 ticketing functionality.
Binance denies fund mismanagement allegations, calls it ‘conspiracy theory’
A mainstream report citing multiple insiders claimed that Binance mingled customer’s funds with corporate funds at Silvergate Bank.
Regulators should focus on the benefits of crypto: European Web3 Summit 2023
Irakli Beridze from the United Nations said that at the moment, people within the UN do not see crypto as a positive force but understand it as "something we should be worried about."
Crypto City: Guide to Osaka, Japan’s second-biggest city
Osaka may or may not have been Satoshi’s home, Binance has moved in, the city hosted Devcon 5, and there’s finally a Bitcoin ATM again!
Russian lawmakers propose amendments to digital ruble bill
The bill could be changed regarding debt operations, services for non-residents and the role of the central bank.
Bitcoin 'buys the rumor' on US debt ceiling as BTC price nears $27.5K
BTC price action could attempt a reclaim of $30,000, analysis says, with Bitcoin climbing through its trading range.
Portfolio management provider GoodCrypto joins Cointelegraph Accelerator
GoodCrypto joins a dedicated Cointelegraph support program for Web3 innovators to increase its brand value and scale up marketing efforts.
PEPE price crashes 65% in two weeks as top whales take profits — More pain ahead?
Top Pepe mania profiteers have dumped their PEPE tokens en masse, suggesting declining holding interest among whales.