Web3 Wavefronts - Digestible News on Crypto, DeFi and AI

Recent trends indicate a rise in stablecoin usage due to various factors. Increased demand for digital assets and shifts in market conditions contribute to this growth. Regulatory developments influe…

California's new AI regulations aim to establish guidelines for the development and deployment of artificial intelligence technologies. The regulations address transparency in AI systems, requiring c…

The SEC may take action against OpenSea, which could significantly impact the Non-Fungible Token (NFT) market. OpenSea operates as a marketplace for buying and selling NFTs. A regulatory move from th…

On August 27, 2024, Cribl, a data infrastructure company based in San Francisco, raised $319 million in a Series E funding round led by GV, achieving a valuation of $3.5 billion. This funding include…

A major outage occurred on the TON blockchain, impacting user access and disrupting transactions. Investigations reveal network overload as a primary cause, stemming from increased user activity. Dev…

Maker DAO announces upcoming changes to its protocol. The organization implements modifications to governance and risk management strategies. New features aim to enhance user experience and increase …

On August 27, 2024, data reveals that corporate funding rounds constituted 12% of total U.S. startup investment in 2023, reaching a record share driven by Microsoft's $10 billion investment in OpenAI…

AI chatbots emerge in crime reporting within policing. They provide immediate responses to inquiries and assist in data collection. Law enforcement agencies implement these tools to enhance efficienc…

U.S. median round sizes for funding have increased in the first half of 2024, reversing a decline that began in early 2023. Median round sizes for seed and Series A stages surpassed levels from 2021 …

Journalists identify risks associated with Google's multi-million dollar deal. Analysts examine potential impacts on privacy and competition. Experts raise concerns about data security and market mon…

Experts examine the future of tokenized money markets and the players likely to dominate. They highlight the growth of decentralized finance (DeFi) and its reliance on blockchain technology. Key play…

Memecoins face declining popularity. Investors shift focus to established cryptocurrencies. Market dynamics change as new regulations emerge. Memecoins experience high volatility, affecting investor …

Venture funding for Israeli startups has significantly increased after a decline earlier in the year due to regional tensions. In the second quarter of 2024, funding approached $1 billion, rising fro…

San Francisco-based startup Story Protocol raised $80 million in Series B funding to combat intellectual property theft exacerbated by AI advancements. The round, led by Andreessen Horowitz and inclu…

The US faces regulatory challenges in approving new cryptocurrency exchange-traded funds (ETFs). Regulators evaluate market stability and investor protection. Concerns arise about market manipulation…

Monad and Berachain emerge as notable projects in the blockchain sector. Monad aims to enhance blockchain scalability and usability through its innovative design. It utilizes a unique consensus mecha…

Anduril Industries raised $1.5 billion, marking the largest defense tech funding round, reflecting heightened investor interest in defense technology. In 2024, defense tech startups secured $2.5 bill…

Video game performers encounter challenges from advances in artificial intelligence. AI technology develops tools that can generate realistic characters and voice performances, impacting the demand f…

Trump leverages memecoins and NFT royalties to generate revenue. He promotes digital assets through platforms and engages with fans via non-fungible tokens. His strategy capitalizes on his brand's po…

BitGo announced changes to its custody of Wrapped Bitcoin (WBTC), impacting asset management for investors. The company highlighted the integration of new security protocols aimed at enhancing protec…