Analysis
AI
Microsoft to invest record $3.2B in UK AI infrastructure
Microsoft's largest UK investment to date will focus on AI expansion, workforce development, and cybersecurity.
Hacks
KyberSwap hacker demands full control over the DEX at ‘fair valuation’
In an unprecedented ultimatum, the hacker behind November's KyberSwap attack has insisted on full control over the project, including forfeiture of assets, documents, and governance controls.
Legal
Genesis, Digital Currency Group reach agreement on new settlement plan
Court filings showed that both companies were in favor of implementing the amended settlement plan so they can shift their focus to the NYDAG lawsuit.
Regulation
Ripple CTO David Schwartz calls for legislative action to clarify crypto regulations
Schwartz said that courts alone cannot create a balanced approach to regulating digital assets without legislative input from Congress.
Regulation
SEC advances decision process on Franklin Templeton’s Bitcoin ETF application
Market analysts have been left scratching their heads at the SEC's early decision review of Franklin Templeton's incomplete Bitcoin ETF application.
Gaming
Dubai’s web3 gaming sector gets a boost with Wemade collaboration
The collaboration is part of Crown Prince Hamdan bin Mohammed bin Rashid Al Maktoum's quest to make Dubai a global web3 gaming hub.
Exchanges
Changpeng Zhao resigns from board of Binance.US
A proxy voting arrangement will allow CZ to retain financial interests in Binance.US but strips him of voting rights.
Regulation
Hong Kong to retain grace period for crypto firms despite recent scandals
Hong Kong's financial watchdog believes that abrupt changes to the grace period could be counterproductive and could potentially destabilize the burgeoning virtual asset sector there.
Crime
Crypto phishing kit Inferno Drainer shuts down after enabling over $80M in scams
Inferno Drainer has followed Monkey Drainer into obscurity, leaving behind a trail of fraud and a call for better security measures.
AI
Cardano enters beta test phase for new blockchain-based AI chat bot Girolamo
The Girolamo chatbot is designed to offer real-time, contextually aware responses across a broad range of user queries and has the capability to generate and analyze images.
NFTs
Japanese giant SquareEnix to launch NFT auction for new Web3 game built on Ethereum, Polygon
Symbiogenesis is built on the Ethereum and Polygon blockchain networks. It marks the company's first foray into the Web3 gaming ecosystem.
Staking
Hoskinson criticizes Vitalik for not acknowledging Cardano’s staking innovations
Hoskinson's remarks followed a recent interview, where Buterin discussed the Ethereum roadmap and proposed redesigning Ethereum's staking system via a solution similar to Cardano's.