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Aligned Layer Garners $20M in Series A Funding to Enhance ZK Proofs on Ethereum

The Ethereum blockchain, a cornerstone of the cryptocurrency world, is on the brink of an efficiency transformation with Aligned Layer’s latest financial injection aimed at enhancing Zero-Knowledge (ZK) proofs, a…

No Salary, No Problem for Spotify’s Daniel Ek With $178 Million in Sales

Spotify CEO Daniel Ek and other top executives at the company have been capitalizing on the surging share price of the streaming giant, resulting in substantial financial gains for them…

Cobot proudly reveals innovative non-humanoid robots, announces $100M Series B.

The burgeoning field of robotics, traditionally dominated by applications in heavy industry and scientific research, is experiencing a significant shift as startups like Sunnyvale, California’s Collaborative Robotics, commonly known as…

Navigating the Future: U.S. Stablecoin Legislation and Its Impact on Banks and Global Issuers

The introduction of the Payment Stablecoin Act to the United States Senate represents a significant legislative effort aimed at regulating the stablecoin market. This move has the potential to reshape…

Apple and OpenAI in Talks for Chatbot Integration in iOS 18

Apple is reportedly enhancing its collaboration with OpenAI to possibly integrate OpenAI’s technologies into iOS 18, as part of its broader strategy to bolster AI capabilities on the iPhone. This…

AMD and Intel shares fall after China orders removal of foreign chips

Shares of major U.S. semiconductor companies, Advanced Micro Devices (AMD) and Intel, experienced a sharp decline on Friday following a report by The Wall Street Journal. According to the report,…

39% of Canadian Institutional Investors Now Hold Crypto Assets, Reports KPMG

In recent years, the cryptocurrency market has matured significantly, attracting not only retail investors but also substantial interest from institutional players. According to a recent survey by KPMG, there has…

OpenAI Faces New GDPR Complaint in EU

OpenAI is currently facing another privacy complaint in the European Union, this time initiated by the privacy rights nonprofit noyb, which represents an unnamed public figure. The complaint, filed with…

U.S. Arrests William Morro in Connection with the OneCoin Cryptocurrency Fraud

The OneCoin crypto scheme remains one of the most notorious financial scandals, leaving a significant mark in the annals of financial crimes. The latest development involves the U.S. Justice Department’s…

Thousands of Explicit AI ‘Girlfriend’ Ads Discovered on Meta Platforms

Meta is currently dealing with a surge of explicit AI “girlfriend” advertisements on its platforms, which seem to contravene its strict policy against adult content in advertising. According to a…

Australia Surpasses 1,000 Bitcoin ATM Milestone, Aligns with US and Canada

Australia has recently marked a significant achievement in the global cryptocurrency landscape by surpassing 1,000 active Bitcoin ATMs, joining the United States and Canada as one of the leading nations…

Sanctuary’s Latest Humanoid Robot Promises Faster Learning and Lower Costs

Sanctuary AI, a Canadian company less frequently discussed alongside prominent humanoid robotics firms like Boston Dynamics, Agility, Figure, and 1X, has recently unveiled the seventh generation of its Phoenix robot…

Alphabet approaches a big $2 trillion valuation as investors applaud advancements in AI

In recent times, Alphabet Inc, the parent company of Google, has seen a significant shift in investor sentiment regarding its artificial intelligence (AI) strategy. After a period characterized by various…

Xaira Launches with $1 Billion to Pioneer AI-Driven Drug Discovery

Xaira Therapeutics, an AI drug discovery startup, recently launched with a remarkable $1 billion funding, backed by prominent investors like ARCH Venture Partners and Foresite Labs. The company, led by…

Elon Musk in Beijing to Advance Tesla’s Self-Driving Capabilities in China

Tesla CEO Elon Musk recently made an unannounced visit to Beijing, where he is expected to engage in discussions with senior Chinese officials concerning the rollout of Tesla’s Full Self-Driving…

Significant Crypto Assets Linked to Vitalik Buterin and Coinbase Remain Locked in DeFi Bridges

In a startling revelation from the decentralized finance (DeFi) sector, a comprehensive report by Arkham Intelligence has uncovered that substantial sums, amounting to millions of dollars, are currently trapped in…

Former Snap Researchers Create the Next-Gen Bitmoji with Easel

Easel, a startup founded by former Snap researchers, is introducing a novel way for users to create personalized Bitmoji-style stickers using generative AI. The company, co-founded by Rajan Vaish and…

Tether Commits to Freezing Addresses Amid Venezuela’s Use of Crypto for Sanction Evasion

Tether, the issuer of the USDT stablecoin, has announced its commitment to freezing addresses linked to sanctioned entities. This decision comes in response to reports that Venezuela’s state-run oil company,…

Fintech Gaming Startup Sanlo’s Webshop Tool Could Reduce App Store Fees for Developers

Sanlo, a fintech startup established in 2020, announced the closed beta launch of its new webshop tool designed specifically for game developers and studios. This tool is designed to integrate…

In-Depth Analysis: SEC Targets Terraform Labs with Unprecedented $5.3 Billion Fine

In a landmark decision that marks a significant escalation in the U.S. Securities and Exchange Commission’s (SEC) enforcement actions within the cryptocurrency sector, Terraform Labs and its founder, Do Kwon,…