Web3 Wavefronts - Digestible News on Crypto, DeFi and AI

Caroline Ellison faced sentencing in a multi-billion dollar fraud case related to cryptocurrency. She, along with other executives, engaged in deceptive practices that misled investors and mismanaged…

Small businesses increasingly adopt AI tools to streamline operations and enhance efficiency. These tools assist with tasks such as customer service automation, inventory management, and data analysi…

Leveraged prediction markets enable investors to bet on future events with borrowed capital. These markets allow for higher potential returns but also involve increased risk. Investors assess event o…

Corporate venture capital activity shows a decline despite notable investments in the AI sector. As of mid-2024, U.S.-based corporate venture arms participated in 1,385 deals, aligning with last year…

Silvergate Bank faced a decline due to its focus on cryptocurrency banking, which exposed it to significant risks. The bank experienced high-profile client withdrawals and operational challenges as t…

Artificial Intelligence (AI) rapidly evolves and affects various sectors. The development of AI technologies raises concerns about ethical implications and regulatory challenges. Global governance be…

Memecoins have surged in popularity and market value in the crypto space. Factors contributing to this rise include increased social media engagement, community-driven marketing, and celebrity endors…

Artificial Intelligence can aid in overcoming language barriers for refugees. AI tools provide real-time translation and transcription services, allowing better communication between refugees and aid…

The SEC influences the regulatory framework governing cryptocurrency markets. It evaluates how cryptocurrency projects comply with existing securities laws. The SEC’s actions include investigating an…

Thrive Capital engages in significant AI investment rounds, particularly in OpenAI, which has reached a valuation of $150 billion. The recent funding round totals $6.5 billion, with Thrive Capital le…

Ethereum operates as a blockchain platform that enables developers to build and deploy decentralized applications. It utilizes smart contract functionality to automate processes without intermediarie…

The tech industry witnesses the rise of AI-native founders who are reshaping company-building approaches. Since 2017, the number of U.S. companies centered on AI technology has doubled. These leaders…

AI legislation faces challenges in Congress due to political divisions. Various stakeholders, including tech companies, policymakers, and advocacy groups, express differing views on regulation. Curre…

The episode explores the intersection of cryptocurrency and artificial intelligence (AI). It highlights how AI can enhance blockchain technology, improve security, and streamline transactions. Variou…

Salesforce Ventures increased its AI investments to $1 billion by launching a new $500 million fund. This new fund builds on an earlier $250 million generative AI fund introduced in March 2023. Notab…

Startups in the U.S. increasingly acquire other VC-backed companies amid a quieter merger and acquisition landscape. So far in 2024, startups have completed 252 acquisitions, representing 39% of all …

Major exchange listings influence cryptocurrency prices and trading volume. They provide exposure, increase liquidity, and enhance credibility for cryptocurrencies. However, listings also bring risks…

Significant funding activity occurred on September 13, 2024, in the biotech and AI sectors. Candid Therapeutics raised $370 million to develop T-cell engager antibodies for inflammatory diseases, wit…

Tech giants implement bans on nudity in datasets to mitigate harmful AI imagery. Companies aim to create safer AI systems by excluding explicit content. This effort focuses on preventing the training…

Political memecoins face challenges in the current market. Factors contributing to their struggles include declining investor interest, increased regulatory scrutiny, and market volatility. Many proj…