Grayscale Refiles Bitcoin ETF Application as Barry Silbert Departs
Grayscale reportedly submitted an updated filing to the U.S. Securities and Exchange Commission (SEC) on the same day that CEO of parent company Digital Currency Group Barry Silbert announced his departure from Grayscale’s board of directors, according to Bloomberg analyst James Seyffart. Analyst James Seyffart at Bloomberg stated: “Even Grayscale is accepting the SEC’s Cash-only […]
Binance Launches New Web3 AI Gaming Platform
Cryptocurrency exchange Binance has introduced Sleepless AI as the 42nd project on its Launchpool. Sleepless interactive gaming experience is provided by Sleepless AI, a web3 and AI-integrated game platform. Users can interact with AI-based elements in a gaming environment through the platform. Users will be able to stake BNB, FDUSD, and TUSD to earn AI […]
Hong Kong’s ZA Bank Expand Web3 Offerings to 80 Firms
Chinese online bank ZA Bank has disclosed plans to provide retail clients with cryptocurrency trading services using fiat currencies. Although he did not give a timeline, ZA Bank CEO Ronald Iu stated in an interview with the Hong Kong Economic Journal that the Hong Kong-based company eventually wants to start selling crypto trading services with […]
KyberSwap Lays Off 50% of Workforce After $54m Elastic Exploit
KyberSwap made a 50% reduction in staff in reaction to issues brought on by the Elastic exploit. Victor Tran, the CEO and co-founder of KyberSwap, said in an X post on December 25 that the Elastic hack caused the project to cut 50% of its staff and lose more than $54 million in customer payments. […]
India Set to Leverage AI to Forecast Severe Weather Issues
Head of the India Meteorological Department’s (IMD) climate research and services, K.S. Hosalikar, stated in a Reuters story that he anticipates AI-based climate models and advisories to help enhance forecasting. At the moment, supercomputers and mathematical models are used by the IMD to forecast. It claimed that using AI may produce weather data that is […]