AI
US Treasury fraud prevention leaps with AI, recovering $4 billion
Treasury said it would prioritize using emerging technologies like AI to mitigate financial risks.
Oluwapelumi Adejumo 2 min read
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Worldcoin rebrands as World, targets 1 billion users with new blockchain and biometric tech
The updates included the launch of World Chain, an Ethereum-secured Layer 2 blockchain, and new versions of its biometric Orb devices and World App.
Analysis
Ark Invest calls blockchain and AI the key to revitalizing economy with deflation coming
Cathie Wood of ARK Investment foresees low interest rates broadening market rallies and reinforcing diversified AI investments.
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Crypto
Crypto could solve some of AI’s most pressing challenges – a16z
As AI faces issues such as centralization, shrinking trust, and IP protection, blockchain infrastructures present potential solutions.
AI
Autonomous AI agent earns $500,000 in crypto after spurring memecoin movement
Truth Terminal's viral tweets about the "Goatse Gospel" sparked the creation of the GOAT memecoin, highlighting AI's unintended influence in crypto markets.
Crypto
Morgan Stanley urges CIOs to explore Bitcoin mining stocks amid rising energy prospects
Morgan Stanley said that new energy mandates are poised to boost Bitcoin mining investments through innovative power generation models.
AI
OpenAI files motion to dismiss Elon Musk lawsuit over ‘baseless’ claims
The motion describes Musk's narrative as speculative and unsupported by the evidence, arguing that his claims should be dismissed.
Legal
US government backs lawsuit claiming Nvidia misled investors on crypto mining revenue
The SEC and DOJ argued that crypto mining demand played a much bigger role in Nvidia's success than suggested.
AI
OpenAI valued at $157 billion after securing $6.6 billion in latest funding round
Thrive Capital led the funding round, which included key backers such as Microsoft, Nvidia, SoftBank, and others.
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Mining
Hut 8 pays off Anchorage loan, eyes further AI expansion
Adoption
Morocco turns to AI, blockchain to achieve ‘digital hub’ goal by 2030
AI
South Korea levies $860K fine on Worldcoin for compliance failures related to data collection
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