US Treasury used AI to recover $4 billion in fraud over past year
The US Treasury has tapped into AI machine learning to sift through data to detect and prevent billions of dollars in check fraud.
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Ethereum-based market platform unveils a new DAO
Gnosis shaped its DAO based on the concept of futarchy. 1810 Total views 14 Total shares Gnosis, an Ethereum-based platform that facilitates betting on events and other metrics, revealed plans for its own Decentralized Autonomous Organization, or DAO, called GnosisDAO.“This will have the effect of progressively decentralizing Gnosis as a project using a native governance…
Bitcoin rewards app Lolli closes $10M investment round
Acrew Capital, Lolli’s primary backer during the raise, said the app is well positioned to boost Bitcoin adoption in the long run. 440 Total views 259 Total shares Popular Bitcoin (BTC) rewards app Lolli has received fresh backing from venture funds and other investors as it plans to scale its services to a wider audience. On…
SEC reportedly contracts blockchain analytics firm to monitor DeFi industry
"The SEC is very keen on understanding what is happening in the world of smart contract-based digital assets," said Victor Fang. 257 Total views 132 Total shares The U.S. Securities and Exchange Commission has reportedly signed a $125,000 deal with blockchain analytics firm AnChain.AI to help monitor and regulate the decentralized finance industry.According to a…
Radiant Capital $58M hack an expensive ‘lesson’ for DeFi
Radiant Capital said it had resumed its Ethereum lending markets after implementing several security enhancements.
AI technology is reshaping NFT gaming — Here’s how
With the meteoric rise of artificial intelligence (AI) technology, many people are wondering: How will AI influence the video game industry? AI has already begun to influence video games in a number of ways, and it is likely to continue to do so in the future. Video games are a common joy for many, and…
Startup Vega Tests Blockchain Focused on Derivatives Trading Products
Blockchain startup Vega has launched the testnet for its protocol, which allows parties to build trading products on a decentralized network. Over the last two years, Vega has been “working on building a protocol that allows people to deploy and run networks that can trade decentralized derivatives effectively,” Vega co-founder Barney Mannerings told Cointelegraph in an…
Lemniscap secures $70M to back early-stage Web3 startups
The new fund will back startups working on blockchain-based solutions, including zero-knowledge infrastructure and emerging Bitcoin ecosystems.
Bitcoin ETFs make 26% of BlackRock's 2024 inflows, 56% of Fidelity’s
However, the impressive flows from BlackRock’s IBIT and Fidelity’s FBTC haven’t been enough to gain on the leading ETF asset manager by total flows, Vanguard.