Grayscale files for spot Solana ETF with SEC
Grayscale joins 21Shares, Canary Capital, VanEck and Bitwise as the other ETF issuers looking to win the SEC’s approval.
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BFI charity allocates $90M, pledges $200M for health, climate initiatives
Blockchain For Impact (BFI), a charity established by Polygon co-founder Sandeep Nailwal, has committed $90 million to advance biomedical research, driving healthcare innovation, and enhancing climate resilience — a development that could spur blockchain’s adoption for charity initiatives. The Polygon co-founder’s BFI plans to allocate an additional $200 million to support the growth of healthcare

Major Singapore Bank Completes First DLT Trade Financing Transaction
A Singaporean banking branch of CIMB Group, one of the largest Asian investment banks, has completed its first blockchain-based trade financing transaction.The transaction was processed using blockchain and Internet of Things (IoT) platform developed by local trade financing firm iTrust Trading, Yahoo Singapore reports Oct. 17.By applying iTrust’s blockchain-based IoT, CIMB intends to minimize the…

OpenAI launches ‘Preparedness Team’ for AI safety, gives board final say
OpenAI said its new “Preparedness Framework” aims to help protect against “catastrophic risks” when developing high-level AI systems. The artificial intelligence (AI) developer OpenAI has announced it will implement its “Preparedness Framework,” which includes creating a special team, to evaluate and predict risks. On Dec. 18, the company released a blog post saying that its new

Coinbase, Celsius and Paxos disclose funds in Signature Bank
The crypto-friendly Signature Bank was a key partner for many crypto firms, some which have been voluntarily disclosing their exposure to the recently closed firm. 171 Total views 1 Total shares Own this piece of history Collect this article as an NFTCrypto exchange Coinbase, crypto lender Celsius and stablecoin issuer Paxos are among the crypto…

Deepfake AI ‘gang’ drains $11M OKX account, Zipmex zapped by SEC: Asia Express
OKX blames “coin-stealing hacking gang” for deepfake AI theft of $11M, Zipmex unlicensed, Microvisionchain’s millions in grants: Asia Express

SoftBank leads $60M CertiK raise as demand for Web3 security grows
Web3 is generating a lot of opportunities for blockchain-native businesses, but it’s also creating serious security vulnerabilities. 481 Total views 24 Total shares Blockchain security firm CertiK has raised $60 million in funding from SoftBank Vision Fund II and Tiger Global, further cementing its unicorn status after raising a combined $290 million over nine months.The…

How’s This for Starters? App to Offer ‘Generous’ Discounts and Loyalty Schemes for Diners
Food’s a necessity for all of us – and as a result, you’d think that the restaurant industry would be one of the most resilient on the planet.But although overall revenues are set to grow in the coming years in Europe, the Middle East and the Americas, it’s not going to be a money-making story…

Bitcoin Volume and Returns Remain Stable Amid Global Economic Uncertainty
Recent reporting by Cointelegraph shows that Bitcoin (BTC) spending has retraced since March 9 amid the worsening coronavirus pandemic. Data from blockchain analytics firm Chainalysis also shows that even the amount of Bitcoin spent on illicit activities through darknet marketplaces is down from pre-coronavirus levels.Despite the reduction in transactions, traders still view the current prices…