Decentralized Web3 AI firm Theoriq joins Google startup accelerator
The partnership looks to scale Theoriq’s platform for artificial intelligence agents.
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Experiments show AI could help to audit smart contracts, but not yet
While artificial intelligence (AI) has already transformed a myriad of industries, from healthcare and automotive to marketing and finance, its potential is now being put to the test in one of the blockchain industry’s most crucial areas — smart contract security.Numerous tests have shown great potential for AI-based blockchain audits, but this nascent tech still…
Crypto Exchange Bitfinex Is Down Right Now
International crypto exchange Bitfinex unexpectedly went offline for all users this afternoon, citing a ‘platform performance issue.’ Bitfinex has been offline for at least two hours as of this writing, and the exchange has no confirmed time when it will be up and running again.According to an Aug. 12 tweet posted by the exchange, Bitfinex…
Vietnamese deputy PM calls for building legal framework for digital assets
Vietnam has had quite a love and hate relationship with the crypto market, where it has authorized and banned Bitcoin use on numerous occasions in the past. 158 Total views 2 Total shares Le Minh Khai, the deputy prime minister of Vietnam has issued a notification to the finance ministry, asking them to explore and…
A16z-backed CoinSwitch exchange raided over alleged forex law breaches
The Andreessen Horowitz-backed crypto exchange is the latest on the Enforcement Directorate’s anti-money laundering hit list. 115 Total views 11 Total shares Major Indian crypto exchange CoinSwitch Kuber had five of its premises searched by anti-money laundering agents on Thursday over alleged violations of forex laws. According to an Aug. 25 report from Bloomberg, India’s Enforcement…
US Government Puts Out $5 Million Bounty for Petro Supervisor
The U.S. government issued a $5 million bounty to the supervisor of the Petro, but court documents suggest that crypto has little to do with alleged sanction evasion schemes. 2566 Total views 40 Total shares The United States government has put Joselit Ramirez Camacho, the Venezuelan government’s superintendent of the Petro cryptocurrency, on its Most…
41 firms join BIS Project Agora to advance unified ledger applications
The large private companies will work with seven central banks on improving structural inefficiencies in international transfers.
Babylon Chain closes $18M funding for Bitcoin staking
Polychain Capital and Hack VC led the Series A funding round of Babylon Chain, a protocol working on Bitcoin staking for proof-of-stake networks. 238 Total views 3 Total shares Polychain Capital and Hack VC led the $18 million Series A funding round of Babylon Chain, a protocol working on Bitcoin (BTC) staking, bridging the decentralized
Tether scores win in class action case as court dismisses RICO claims
"Litigation will expose this case for what it is: a clumsy attempt at a money grab, which recklessly harms the whole cryptocurrency ecosystem," said Tether. 923 Total views 14 Total shares The judge in the class-action lawsuit filed in the Southern District of New York against stablecoin issuer Tether and crypto exchange Bitfinex has granted…