Web3 Wavefronts - Digestible News on Crypto, DeFi and AI

Solana blinks enhance the efficiency of crypto transactions on the blockchain network. They're short-duration, high-frequency transactions that optimize network throughput and reduce latency. By impl…

The advancement of artificial intelligence (AI) continues to transform industries and job markets. Skilled workers will need to adapt to new technologies and integrate AI tools into their work. Key s…

The US government has intensified efforts to capture Ruja Ignatova, also known as the "Crypto Queen," who allegedly orchestrated the OneCoin cryptocurrency scam that defrauded investors of billions o…

Many people experience burnout from online dating due to the high volume of choices and the superficial nature of interactions. Constant swiping, messaging, and maintaining conversations lead to exha…

On June 28, 2024, significant developments occurred in the Web3 and AI sectors, marked by substantial funding rounds. Sila Nanotechnologies secured $375 million for next-generation battery materials,…

Bitcoin miners face rising energy costs and increased competition. To address these challenges, miners increasingly turn to artificial intelligence (AI) to optimize operations and increase efficiency…

On June 28th, 2024, several notable startup deals made headlines. Eyebot, a healthcare startup from Boston, secured $6 million to roll out kiosks that offer rapid 90-second vision exams, addressing t…

Artificial Intelligence (AI) continues to transform Hollywood video game production processes. AI now performs multiple roles in creating and enhancing characters in video games. It mimics human expr…

OpenAI recently made two strategic acquisitions to boost its capabilities. The company's revenue has doubled to $3.4 billion, prompting acquisitions of Rockset, a search and analytics startup, and Mu…

The latest trends in airdrop strategies in the crypto space indicate a shift towards more targeted and community-centric distributions. These airdrops now often focus on rewarding active and engaged …

Creatio, a no-code platform developer, secured $200 million in funding, achieving a valuation of $1.2 billion and attaining unicorn status. The investment round, led by Sapphire Ventures along with S…

A decentralized autonomous organization (DAO) raised $56 million in cryptocurrency to support efforts to free WikiLeaks founder Julian Assange. The DAO, known as AssangeDAO, gathered funds through co…

Crypto airdrops, initially designed as marketing tools and community-building mechanisms, increasingly generate controversy. The key issues stem from regulatory scrutiny, potential misuse for money l…

On June 26, 2024, discussions centered on the increasing adoption of artificial intelligence (AI) to boost productivity in companies. Cognition as a Service (CaaS) is emerging as a key concept, with …

Etched.ai, a San Francisco-based startup, has secured $120 million in funding led by Positive Sum and Primary Venture Partners. The company develops the Sohu AI chip, which specializes in transformer…

AI song-generators impact music rights by creating content that challenges traditional copyright laws. Music industry stakeholders, including artists, producers, and legal experts, examine how these …

Cega Shark Bull introduces a new financial product on Ethereum and Arbitrum, focusing on high-yield stability. The product employs a unique strategy combining options and yield farming to generate re…

Web3 technology in healthcare impacts cybersecurity significantly. Hackers exploit blockchain vulnerabilities, leading to an increase in cyberattacks. Healthcare data, which is highly sensitive, beco…

Funding for autonomous driving startups has significantly increased, with the sector raising nearly $2.7 billion since May 1st, 2024, after raising less than $800 million in the first four months of …

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San Francisco-based accounting startup Klarity has secured $70 million in a Series B funding round, led by Nat Friedman and Daniel Gross, with participation from several venture capi…