Bitkraft Ventures Launches $275M Gaming Funding Round
Bitkraft Ventures announced the opening of a $275M gaming investment funding round that is expected to increase the company’s total assets under management (AUM) to almost $1B. The corporation has invested in well-known businesses, including Eve Online originator CCP and blockchain developer Jungle. Most of its Venture II fundraising round was devoted to web3 and […]
Nvidia Plans to Launch $200M AI Centre in Indonesia
Nvidia has revealed plans to construct a new AI centre in Indonesia in collaboration with the government and telecom company Indosat Ooredoo Hutchison. Indonesian Minister of Communication Budi Arie Setiadi, announced on April 4 that the $200 million centre will be situated in Surakarta, in the Central Java area. According to Setiadi, the AI centre […]
Coinbase Exchange Receives Restricted Dealer License in Canada
US-based cryptocurrency exchange Coinbase has obtained a restricted dealer license in Canada and now has two subsidiaries. According to a CNBC story from April 4, Coinbase has acquired a new license in Canada and is now registered as a restricted dealer with the Canadian Securities Administrators (CSA) in Ontario. According to CSA’s national registration statistics, […]
US NIST Allocates $3.6M to Develop Cybersecurity Skill Workforce
The National Institute of Standards and Technology (NIST) of the United States has allocated $3.6M to develop a workforce to protect enterprises against cybersecurity threats. To address the need for qualified cybersecurity workers, the Department of Commerce’s NIST announced on April 3 that 18 education and community-focused groups across 15 states would receive awards totalling […]
Google Reportedly Sues Chinese Crypto App Scammers
Alphabet, the parent company of Google, has sued two Chinese nationals who used the firm’s platform to distribute and promote fraudulent crypto apps. Alphabet asserts that scammers uploaded and promoted fake cryptocurrency apps on Google Play and YouTube. The internet giant claims that the defendants developed a habit of racketeering following hundreds of wire fraud […]