OpenAI raises an additional $6.6B at a $157B valuation
In February 2024, the artificial intelligence company was valued at approximately $80 billion and has grown considerably since that time.
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The first-ever Metaverse Fashion Week: Digital fashion is here to stay
Incredible as it may seem, digital fashion has developed so much that it already needs its own fashion week with all that implies: from the shows and presentations of new collections to public talks and parties with true DJs. The first-ever digital fashion week took place March 23-27 in Decentraland, a decentralized virtual social platform…

BIS: No Central Bank Digital Currencies Focus on Cross-Border Payment
Cross-border payments do not appear to be a priority as countries all over the world to engage with their own digital currency projects, a new report says.While global governments are competing to become the first country in the world to issue a central bank digital currency (CBDC), no CBDC project really focuses on cross-border payments,…

China pilots nationwide blockchain development over real-world use cases
Some of the key areas of blockchain development include manufacturing, energy, government data sharing and services, law enforcement, taxation, criminal trials, inspection, and cross-border finance. 146 Total views 3 Total shares The Cyberspace Administration of China (CAC) announced the commencement of an in-house effort to expedite blockchain development and innovation across 15 zones and 164…

The future of digital self-governance: AI agents in crypto
Opinion by: Tomer Warschauer Nuni, chief marketing officer of Kima Network No one should be surprised that the crypto space is actively discussing the new wave of enthusiasm around AI and its limitless uses. According to proponents, AI represents the most promising approach to enhancing blockchain technologies and decentralized applications, driving greater autonomy and efficiency

AI has a role to play in detecting fake NFTs
Beyond all the good a permissionless internet promises, it also makes it convenient for anyone to freely mint pirated nonfungible tokens (NFTs). There are in fact over 90 million fake copies of NFTs. Because in a permissionless system, what’s to stop bad actors from creating copymints to scam unsuspecting users or damage a brand’s reputation?Only…

Digital Currency Manual for Chinese Officials in High Demand, Enters Second Printing
A 200-page manual titled “Digital Currency: A Reader for Cadres” entered its second printing in January. The high demand signals interest from China’s government amid confusing regulations on cryptocurrencies.The handbook was first released in November, and includes a comprehensive set of 23 articles, starting from the basics of digital currencies to their impact on global…

North Korean crypto hacks down 80% but that could change overnight: Chainalysis
Crypto bad actors from the DPRK have stolen $340.4 million in 2023, down from $1.7 billion from the prior year, but that's no reason to feel at ease. Cryptocurrency stolen by North Korea-linked hackers is down a whopping 80% from 2022 — but a blockchain forensics firm says it isn’t necessarily a sign of progress.As

Three Arrows Capital execs launch NFT fund
Executives hailing from Singapore-based fund manager, Three Arrows Capital (3AC), have launched a fund focused on collecting premium digital art in the form of nonfungible tokens (NFTs).The fund, dubbed Starry Night Capital, was founded by Three Arrows Capital’s CEO, Su Zhu, 3AC co-founder, Kyle Davies, and the pseudonymous NFT collector, Vincent Van Dough.Van Dough announced…