SingularityNET to invest $53M in AI infrastructure, modular supercomputer
The investment includes modular data centers and high-performance AI infrastructure for advancements in deep neural networks and large language models.
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Australia’s Biggest Bank Says Its ‘BioTokens’ Can Help the Environment
The Commonwealth Bank of Australia is currently prototyping blockchain tokens meant to enable landowners, environmental groups, developers and governments to invest in sustainable development.Commonwealth Bank’s ‘BioTokens’The bank announced in a press release published on its website on Aug. 21 that it is working on “BioTokens,” enabling sustainable investments co-developed with BioDiversity Solutions Australia. Per the report,…

Bizarre $600K Elon Musk crypto statue marketing stunt falls flat
Tesla CEO Elon Musk has seemingly given the cold shoulder to a $600,000 monument of him in goat form — which was created as part of a bizarre crypto marketing stunt.Delivered to Tesla’s Austin headquarters on Nov. 26, the 30-foot, 12,000-pound metal statue of Elon Musk was part of a publicity stunt by the co-founders…

Bitcoin’s recent correction could be retail-driven, Nexo CEO speculates
Price retracements in bull markets can occur amid an overall macro-bullish backdrop. 1899 Total views 7 Total shares The price of Bitcoin (BTC) has dropped substantially since Jan. 8, totalling a decline of more than $10,000 at time of publication. Retail investors could be part of the rationale behind the drop, according to Nexo CEO…

India House passes bill to ease BigTech data compliance
The lower house in the parliament of India approved updates to a bill that would ease data storage, processing and transfer standards for BigTech companies. 155 Total views 2 Total shares The lower house of India’s parliament voted in approval of a bill that will ease data compliance regulations for Big Tech companies, according to…

Nigerian official advocates blockchain, AI against illicit financial flows
The financial watchdog chair said that these funds could significantly enhance infrastructure, healthcare, and education across the continent if recovered.

Synthetix hits one-month high as SNX rallies 25% ahead of layer 2 exchange launch
Synthetix (SNX) prices reached a one-month high on Monday as traders looked for alternative upside bets against a mixed cryptocurrency market.Bids for SNX/USD achieved an intraday high of $13.76 during the Asia-Pacific trading session, following an approximately 25% price rally that started Sunday. A flurry of technical and fundamental factors contributed to the sudden market…

Grayscale’s spot Ether ETFs launch on New York Stock Exchange
A Grayscale executive said the products will provide traditional investors with exposure to an asset that has the potential to transform the entire financial system.

Directors of Alleged Crypto Pyramid Scheme Dunamiscoins Stand Trial
Two directors of Dunamiscoins, an alleged cryptocurrency pyramid scheme in Uganda, appeared before court on Monday to face 65 counts tied to obtaining money by false pretense.Local news site The Observer reported on Jan. 8 that state prosecutors had logged over 4,000 complaints against Dunamiscoins Resources Ltd., a suspected fraud that ran its course between…