Zuckerberg Advocates Open-Source AI as Meta Unveils Llama 3.1
Mark Zuckerberg champions open-source AI with Meta’s release of Llama 3.1, calling it a step toward industry standards. Meta CEO Mark Zuckerberg is putting his weight behind “open-source” artificial intelligence — calling it a “path forward” for the industry amid the release of his company’s latest Llama AI model. On July 23, Mark Zuckerberg said […]
Hex Trust Gains Initial Approval for Payment License in Singapore
Hex Trust receives preliminary approval for a payment institution license in Singapore, enabling it to offer regulated digital payment services. Hex Trust, a digital asset custodian, has announced that it has received in-principle approval from the Singapore financial regulator for a major payment institution (MPI) license. Hex Trust stated in its July 24 statement that […]
Mt. Gox Creditors Get Bitcoin, BCH via Kraken
After a decade-long wait, Mt. Gox creditors finally receive Bitcoin and BCH via Kraken. The creditors of the Mt. Gox breach, which rapidly diminished the wealth of numerous investors, were granted substantial relief after a decade. According to Dave Ripley, the CEO of Kraken, the company has effectively distributed Bitcoin and Bitcoin Cash to creditors […]
Bitlayer Raises $11M Series A Led by Franklin Templeton, ABCDE
Bitlayer secures $11M Series A to enhance Bitcoin scalability and functionality with native Web3 protocols and Mainnet-V2 launch. Bitlayer is an L2 solution designed to improve the Bitcoin ecosystem by addressing scalability issues and expanding its functionality. The technology enhances functionality without affecting Bitcoin’s primary network, based on the BitVM paradigm. The funds that have […]
Worldcoin Denies Insider Trading Allegations
Worldcoin denies insider trading allegations amid speculation of team members using insider information. Worldcoin has refuted allegations of insider trading. Individuals from the team were suspected of insider trading earlier this week. DefiSquared pointed out that “It appears likely (but not proven) that someone from the team or VCs used insider information to frontrun buying […]