Web3 Wavefronts - Digestible News on Crypto, DeFi and AI

On August 16, 2024, Andreessen Horowitz, General Catalyst, and Khosla Ventures emerged as the leading U.S. investors in Series A and B rounds globally during the first half of 2024. This period indic…

Many individuals seek to protect their conversations from AI chatbots. Users can implement tools that encrypt messages to enhance privacy. Employing end-to-end encryption prevents unauthorized access…

Cronos zkEVM launches on the ZKsync Elastic Chain. This integration allows developers to build decentralized applications using the Ethereum Virtual Machine framework while benefiting from the scalab…

AI technology creates news stories by analyzing data and generating narratives based on predefined algorithms. Various organizations and media outlets implement AI for tasks such as drafting articles…

Grayscale's trust experiences growth, indicating increased interest in cryptocurrency investments. Investors show confidence in Grayscale's offerings, particularly in Bitcoin. The surge suggests a po…

The deal-making landscape has experienced a rise in acquisitions of AI startups amid a sluggish M&A environment. In the second quarter, 65 AI startups were acquired, marking a 55% increase compared t…

Seniors increasingly embrace artificial intelligence. They use AI tools for daily tasks such as managing finances, organizing health care, and staying connected with family and friends. These technol…

Polymarket collaborates with Perplexity to explore advancements in news delivery through AI technology. This partnership aims to enhance the accuracy and efficiency of information sharing. The integr…

In July, 13 new unicorns emerged, each reaching a $1 billion valuation. Of these, nine are based in the U.S., while the U.K. saw two healthcare startups, China introduced one green energy company, an…

The tech IPO market has been sluggish, but the anticipated Nasdaq debut of WeRide, a Chinese autonomous driving startup, may signal a shift. WeRide, based in Guangzhou, aims to raise $120 million, po…

The episode describes the current status of Bitcoin and analyzes potential factors that could trigger another surge in Bitcoin's value. Key points highlight Bitcoin's recent price stability, increase…

In July, Andreessen Horowitz led U.S.-based startups with 11 funding rounds, involving significant investments such as a $200 million round for Astranis and a $175 million Series B for Saronic. Gener…

Anduril Industries, a defense technology company, secured $1.5 billion in a Series F round, valuing the company at $14 billion. Groq, an AI semiconductor and software startup, raised $640 million in …

The crypto market experiences significant fluctuations, marked by increasing interest from institutional investors and advancements in blockchain technology. Numerous blockchain projects expand, aimi…

Series A and B funding for U.S.-based companies increased by 34% year over year in the first half of 2024, reaching a total of $31.5 billion. This growth primarily came from larger fundings in health…

Ripple secures a strategic advantage over the SEC by obtaining key legal victories in their ongoing litigation. Ripple challenges the SEC's classification of XRP as a security and argues that the SEC…

Adtech startup funding in 2024 has reached its lowest level in over a decade, with U.S. advertising-focused startups raising only about $360 million. The decline in investment is attributed to market…

Big Tech continues to attract government attention as the competition in generative AI heats up. This week, Google signed a non-exclusive licensing agreement with the AI chatbot startup Character.ai …

Artificial intelligence (AI) evolves and integrates into search technology, offering potential to disrupt Google's domination in internet search. Key areas where AI impacts include personalized searc…

The latest Bitcoin crash results from multiple factors including regulatory crackdowns, market manipulation, and issues within cryptocurrency exchanges. Governments worldwide implemented stricter reg…