AI

The Hashgraph Association and Saudi Arabia’s Ministry of Investment have launched a $250M DeepTech Venture Studio in Riyadh, supporting over 500 companies in developing advanced AI, blockchain, and VR solutions. The Hashgraph  (HBAR) Association, in a groundbreaking move, has announced a strategic partnership with the Ministry of Investment of Saudi Arabia (MISA) to launch the DeepTech Venture […]

The B.C. Supreme Court case raises concerns about AI reliability in legal proceedings, highlighting the need for regulation, education, and ethical guidelines for legal professionals. The British Columbia Supreme Court is currently examining a case that underscores the challenges and risks associated with the use of artificial intelligence in legal proceedings. This case is particularly […]

Starknet v0.13.1 upgrades Ethereum data storage costs, offers lower transaction fees, and improves stability and user experience, potentially boosting adoption and advancing Starknet’s evolution. The Starknet v0.13.1 update, announced for release soon, brings several significant improvements and features, promising to significantly reduce transaction costs for its users. A key highlight of this version is the […]

Binance announces the launch of Pixels (PIXEL) on its Launchpool, a social web3 game on the Ronin Network, offering BNB and FDUSD holders a unique opportunity to farm PIXEL tokens before its trading debut. Binance, a leading global cryptocurrency exchange, has officially announced the introduction of Pixels (PIXEL), the 46th project to grace its Launchpool […]

UBS AG, in collaboration with OSL Digital Securities, introduces Hong Kong’s first tokenized warrant on the Ethereum blockchain, marking a landmark moment in financial innovation and blockchain adoption. UBS AG’s recent announcement heralds the launch of Hong Kong’s first-ever investment-grade tokenized warrant, leveraging the Ethereum public blockchain network. This pioneering product, a call warrant with […]

South Korean financial authorities are investigating OKX, a cryptocurrency exchange, for potentially operating without proper registration, following allegations from the Digital Asset Exchange Association. South Korea’s Financial Intelligence Unit (FIU) has launched an investigation into OKX, the third-largest cryptocurrency exchange globally by trading volume, for allegedly conducting unregistered operations within the country. This investigation forms […]

BIS emphasizes the need for interoperable payment technologies and robust regulatory framework to prevent metaverse fragmentation and private interests dominance, emphasizing Central Bank Digital Currencies’ importance. The Bank for International Settlements (BIS) has issued a report that underscores the importance of creating a regulatory framework to prevent the metaverse from becoming fragmented and dominated by […]

UK Ministry of Defence signs £1.8 billion contract with Thales for 15-year project to improve Royal Navy ship availability and resilience, leveraging AI and data management. The UK Ministry of Defence has entered into a significant 15-year contract with Thales, valued at £1.8 billion, aimed at enhancing the Royal Navy’s ship availability and resilience. This […]

The CEO of cryptocurrency exchange Bitsonic has been sentenced to 7 years for inflating trading volumes and embezzling $8.4M, marking a significant legal action against crypto fraud. The CEO of Bitsonic, a cryptocurrency exchange, has been sentenced to seven years in prison. The Seoul Eastern District Court found the executive guilty of inflating the market […]

DCG opposes Genesis Global Capital’s bankruptcy plan, citing legal violations and ethical concerns over asset valuation and creditor compensation in the volatile crypto market. Digital Currency Group (DCG) has expressed strong opposition to the bankruptcy plan proposed by its subsidiary, Genesis Global Capital, arguing that the plan contravenes the Bankruptcy Code by intending to overcompensate […]