Aethir’s new fund will distribute 336 million ATH tokens as it aims to revolutionize AI and gaming with advanced GPU access. Read More at https://cointelegraph.com/news/aethir-launches-100m-fund-accelerating-ai-gaming-innovation?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Monthly Archives: October 2024
South Korean Upbit crypto exchange faces monopoly probe
South Korea’s FSC will reportedly investigate Upbit’s relationship with its bank partner K-Bank amid the latter’s IPO, which is expected in late October. Read More at https://cointelegraph.com/news/upbit-south-korea-monopoly-innvestigation?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Is Tether’s USDT stablecoin ‘noncompliant’ with EU’s MiCA regulations?
The European Securities and Markets Authority declined to disclose whether USDt is “noncompliant” but said it is working on solutions to issues in the framework. Read More at https://cointelegraph.com/news/is-tether-usdt-noncompliant-europe-mica?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Fetch.ai, Imperial College partner to launch AI lab
Fetch.ai partners with Imperial College London’s I-X Hub and launches a $10 million fund for AI startups and innovative tech development. Read More at https://cointelegraph.com/news/fetch-ai-imperial-college-launch-ai-lab-10m-startup-fund?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
47% of traditional hedge funds maintain crypto exposure: Report
A survey reveals that nearly half of traditional hedge funds now have exposure to digital assets, with global regulatory clarity boosting confidence. Read More at https://cointelegraph.com/news/hedge-funds-increase-crypto-investment-2024?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
OpenAI may not turn a profit until 2029 despite rapid growth
Despite increasing revenue, OpenAI is expected to continue operating at a loss until 2029, as the cost of scaling advanced AI models remains steep. Read More at https://cointelegraph.com/news/openai-losses-profit-projections-2029?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Exploring the power of Web3 for better lifestyles: Insights from VeChain and Puffpaw
On the latest episode of the Hashing It Out podcast, VeChain and Puffpaw execs discuss how blockchain can incentivize positive behavior changes. Read More at https://cointelegraph.com/news/exploring-the-power-of-web3-for-better-lifestyles?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Ripple launches digital asset custody services for banks and fintech
Ripple’s move into crypto custody allows the company to diversify beyond its payment settlement business. Read More at https://cointelegraph.com/news/ripple-launches-digital-asset-custody-services?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitget tightens token listing standards amid scam concerns
The new token listing requirements include reviewing lock-up periods, business plans, token distributions, and team background checks. Read More at https://cointelegraph.com/news/bitget-tightens-token-listing-standards-amid-scam-concerns?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Argentina overtakes Brazil in crypto inflows — Chainalysis
Argentina’s stablecoin market is one of the largest in the world in terms of share of stablecoin transactions, beating the global average by 17%. Read More at https://cointelegraph.com/news/argentina-leads-latin-america-crypto-inflows?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound