Web3 Wavefronts - Digestible News on Crypto, DeFi and AI

In July 2024, venture funding reached over $23 billion, marking a 20% year-over-year increase despite a slight decline from the previous month. The largest funding went to Clio, a legal tech company,…

Recent trends in the cryptocurrency market see a significant increase in panic selling, driven by several factors. A major factor includes heightened market volatility, causing investors to quickly l…

Abnormal Security raised $250 million in a Series D funding round led by Wellington Management, pushing its valuation to $5.1 billion. Existing investors Greylock Partners, Menlo Ventures, Insight Pa…

The Securities and Exchange Commission (SEC) investigates NFT artists for potential violations of security laws. The SEC seeks to determine if NFTs function similarly to securities, requiring artists…

Supply chain management startups face a significant decline in venture funding and deal activity in 2024. Altana AI secured $200 million in a Series C funding round, reaching a $1 billion valuation, …

Q2 Crypto stock results indicate volatility and mixed performance in the market, with some companies reporting significant gains while others face substantial losses. Key players in the industry like…

On August 2, 2024, several sectors attracted major investments, notably entertainment and supply chain management. Cosm, a Dallas-based immersive tech company, secured over $250 million from investor…

Bitcoin transactions increase significantly around major political events, including elections. Research indicates a notable correlation between Bitcoin market activity and public interest in electio…

On August 2, 2024, major automakers are investing heavily in innovative technologies. General Motors invested $850 million into Cruise to revitalize its self-driving program, while South Korea's 42do…

In recent discussions, experts examine whether AI will overtake voice acting in video games. Key points include advancements in AI technology, increased usage for creating realistic voiceovers, and c…

A hidden bug in the Terra Blockchain's code led to the unintentional creation of millions of minted tokens. Developers identified the issue in the smart contract, which allowed unauthorized users to …

In July, several startups raised significant amounts of capital, particularly in biotech and financial services. Skild AI secured $300 million for its advancements in "robot brains," reaching a $1.5 …

Samsung achieved a 15-fold profit surge by strategically expanding its semiconductor business, particularly in memory chips. The company invested heavily in research and development, surpassing compe…

A prominent blockchain network completed a major upgrade to increase transaction speed and reduce costs, aiming to drive the adoption of decentralized applications. The new protocol features a consen…

Bitcoin's potential to become the new gold for investors hinges on its characteristics and market behavior. Bitcoin operates on a decentralized network, offering security through blockchain technolog…

The upcoming presidential election will see significant debates over AI policy, as candidates prioritize addressing AI's societal and economic impacts. Key issues include regulation to ensure ethical…

REMspace, a San Francisco startup, secured $1 million in seed funding to advance its neurotechnology for lucid dreaming, targeting software, hardware, and commercial projects like dietary supplements…

Altana AI, a New York-based supply chain management startup, secured a $200 million Series C investment led by the US Innovative Technology Fund, raising its valuation to $1 billion. Other investors …

AI increasingly impacts job searches and recruitment processes on LinkedIn. AI algorithms analyze user profiles and job postings to recommend suitable matches, streamlining job hunting and hiring. AI…

Bitcoin could become an official US reserve asset, impacting its valuation and integration into global financial systems. Adoption would influence monetary policy, potentially stabilizing Bitcoin’s v…