Crypto Venture Capital Funding Rises to $633M in August Rebound
Crypto VC funding increased by 15% in July, reflecting rising investor interest in blockchain infrastructure development. In August, crypto venture capital (VC) funding experienced a notable resurgence, even as the broader crypto market dealt with summer liquidity challenges. According to data from DefiLlama , crypto VC funding reached $633 million in August, a rise of […]
X Halts AI Chatbot Data Collection to Comply with EU Data Laws
X has settled its legal dispute with the European Data Protection Commission by agreeing to discontinue AI data collection practices and erase user data. The European Union’s investigation into the social media platform X has concluded after the platform agreed to comply with the European Data Protection Commission’s (DPC) requirements. On September 4, X committed to […]
Hedera, IOHK Join As DeRec Alliance Final Founding Members
Cardano and Hedera join Ripple and Algorand in the Decentralized Recovery Alliance to help determine the future of crypto security standards. Cardano’s development arm, Input Output (IOHK) , and Hedera, a decentralized public network, have officially joined the Decentralized Recovery (DeRec) Alliance as founding members. A press release shared with Cointelegraph states that these two […]
US, EU, UK Sign First International AI Treaty
The US, EU, and UK sign the world’s first legally binding international AI treaty, prioritizing human rights and accountability in AI regulation. The global community has advanced towards aligning its goals and values concerning artificial intelligence (AI) with the signing of the Council of Europe’s AI convention. The United States, European Union, and the United Kingdom are […]
Mastercard New Partnership Supports Self-Custodial Crypto Wallets
Mastercard collaborates with Mercuryo to develop a euro-denominated crypto debit card, allowing customers to spend crypto from self-custodial wallets at over 100 million merchants. Global payment giant Mastercard is broadening its support for non-custodial cryptocurrency wallets through a new collaboration to allow users to spend crypto while “being their own bank.” After launching a crypto […]