Skild AI announces $300M funding from Jeff Bezos, Softbank to build ‘robot brains’
Another unicorn has entered the race the develop human-level AI.
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Suno defends AI training with copyrighted music amid RIAA lawsuit
The outcome of this case could set a significant precedent, not just for Suno and Udio but for the broader AI and music industries.
Hong Kong Monetary Authority aims to oversee stablecoin reserves
Hong Kong’s central bank is inviting global stablecoin operators to respond to its proposed rules. 186 Total views 3 Total shares Hong Kong’s central bank, the Hong Kong Monetary Authority (HKMA), wants to supervise stablecoin issuance and reserves management.HKMA published a discussion paper on Jan. 12 regarding cryptocurrencies and stablecoins, in which it provided its views…
Argo Blockchain secures $25M Bitcoin-backed loan from Galaxy Digital
The Bitcoin mining giant has entered into another BTC-backed loan agreement with Galaxy Digital as it pursues further operational expansions. 138 Total views 14 Total shares Argo Blockchain has secured another loan agreement from Galaxy Digital LP with the mining firm’s Bitcoin (BTC) as collateral.According to an announcement by the London Stock Exchange on Friday,…
Warren Buffett dumps $13.3B in stocks — A warning sign for Bitcoin and risk-assets?
Warren Buffett moving into cash suggests that he's bracing for a possible collapse in risk-on asset prices. With Bitcoin (BTC) up 70% year-to-date and correlated with equities, should BTC investors also prepare for a potential stock market crash? Buffett says "incredible period" is overWarren Buffett's Berkshire Hathaway dumped $13.30 billion worth of equities and increased exposure…
Crypto News From the German-Speaking World: Sept. 22–28 in Review
The German-speaking world has experienced another week full of exciting developments in the crypto industry, with a Berlin-based fintech startup receiving $1.5 million to develop its own blockchain, German experts warning about Facebook’s crypto coin, and the Federation of German Industries asking the government to create suitable conditions for blockchain.Here is the past week of…
Vietnam: CMC Telecom, Akamai to Prevent DDoS Trading Floor Attacks for Blockchain Startups
Vietnam’s CMC Telecom and American cloud service provider Akamai have signed a joint agreement to deliver security services to a blockchain-based trading floor, according to a report shared on CMC’s website on May 2.Akamai is one of the biggest global distributed computing platforms, with revenue in 2017 of more than $2.5 billion.Both providers are going to give…
Hotbit exchange halts operations, urges users to withdraw funds
Hotbit said that centralized exchanges are becoming more cumbersome and highlighted that it is "unlikely to meet long-term trends." In an announcement, the exchange said that its operating conditions have deteriorated since a former member of its team was subjected to an investigation back in August 2022. According to the exchange, the probe forced them…
US Authorities Analyze Bitcoin Transactions to Shut Down Child Porn Ring
United States law enforcement agencies analyzed Bitcoin (BTC) transactions to locate and subsequently shut down a global child pornography site.Per an Oct. 16 press release, the U.S. Department of Justice announced the shutdown of the largest-to-date child sexual exploitation market called Welcome to Video which was operated by South Korean national, Jong Woo Son. The…