Web3 Wavefronts - Digestible News on Crypto, DeFi and AI

President Trump might consider removing the current SEC Chair due to disagreements over regulatory approaches. The administration evaluates the impact of halting Bitcoin sales, analyzing market stabi…

New York City has implemented AI scanners in its subway systems to enhance safety measures. These scanners use advanced technology to detect potential threats, including weapons and unattended bags. …

A potential Republican sweep in the upcoming elections could impact the regulatory environment for cryptocurrency. Republicans generally favor deregulation and innovation, which might lead to a more …

Video game actors raise concerns about the growing use of AI in their industry. They address the potential for AI to replicate voices and performances, leading to job insecurity. Unions and advocacy …

In 2023, institutions increasingly embrace crypto and Bitcoin's potential. Several major financial organizations integrate cryptocurrencies into their portfolios and services, indicating heightened c…

In 2024, Texas startup funding is projected to decline compared to previous years, despite an overall increase in U.S. venture funding, driven largely by significant investments in AI. Texas companie…

AI's role in political ads during elections includes personalizing content and targeting specific voter demographics more effectively. Campaigns use machine learning to analyze voter data, enabling t…

The long-awaited payback process for the Mt. Gox cryptocurrency exchange victims has started. Mt. Gox, which existed as one of the largest cryptocurrency exchanges, experienced a massive hack in 2014…

Microsoft faces ongoing regulatory scrutiny over its AI activities, with investigations in the U.K. and the EU. The company exited its board position at OpenAI, citing improved governance, and shortl…

Google continues to excel amid the rise of AI applications and ongoing legal battles. The company integrates AI to improve its search engine, ad targeting, and automation processes. It also invests h…

In Q2 2024, global venture funding reached $79 billion, the highest in five quarters, driven by mega-rounds and AI investments. Mega-rounds of $100 million and above showed confidence in late-stage c…

dYdX plans to sell its software to a non-US entity. This sale could significantly impact the DeFi sector. It might change how decentralized exchanges operate, potentially increasing liquidity and use…

The first US spot Ether ETFs will launch soon, marking a significant development in the cryptocurrency market. These ETFs will enable investors to directly invest in Ether, one of the leading cryptoc…

North America's dominance in startup funding continues to grow, driven by artificial intelligence investments. In the first half of this year, the United States and Canada pulled in $80.1 billion in …

Cohere, an artificial intelligence startup based in Toronto, announced a $500 million Series D funding round, raising its valuation to $5.5 billion. The funding round involved multiple investors, inc…

The AI industry faces scrutiny over its data practices. Concerns involve data privacy, consent, and the ethical use of data, particularly how companies collect and store large datasets to train AI mo…

Crypto AI combines artificial intelligence with blockchain technology to create new financial applications and investment opportunities. Experts discuss the potential of Crypto AI to revolutionize va…

The Ethereum EVM upgrade aims to improve network efficiency and scalability by introducing changes to the Ethereum Virtual Machine. The upgrade proposes modifications in gas fees, enabling reduced tr…

Eight startups raised over $100 million each this week, with biotech and financial services companies leading. Cardurion Pharmaceuticals secured $260 million to develop cardiovascular disease treatme…

Saronic, a company based in Austin, Texas, designs and manufactures autonomous surface vessels, specifically drones that operate on water surfaces. The company raised $175 million in a Series B fundi…