cryptocurrency

Levana, a Blockchain-based Protocol, Got Exploited for USD 1 Million in Crypto Hacking

  Insights Desk   Dec 29, 2023

Highlights: With Levana, traders can engage in continuous trading of derivative futures assets, speculating on asset prices without regard to expiration dates. The team also reported that in a...

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‘Wallet-as-a-Service’ Provider Magic Raises USD 52 M to Expand its Services

  Insights Desk   Jun 01, 2023

Highlights: Among the companies that Magic has collaborated with is the toy maker Mattel Inc., the department store Macy's Inc., the video game commerce company Xsolla Inc., and the Web3 gaming c...

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Fahrenheit LLC, led by Arrington Capital to Acquire Assets of Celsius Network

  Insights Desk   May 26, 2023

Highlights: The restructuring plan calls for the distribution of Celsius' liquid assets to account holders and the payment of management fees to Fahrenheit. The strategy will also allow the n...

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OpenAI’s Sam Altman raises USD 115M for the Worldcoin Cryptocurrency Project

  Insights Desk   May 26, 2023

Highlights: Confirmation of earlier reports this month reveals that Sam Altman, co-founder of Worldcoin and CEO of OpenAI LP, an artificial intelligence company, engaged in discussions with inves...

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ChatGPT Plugin is Integrated By Solana Labs to Link Blockchain and AI

  Insights Desk   May 25, 2023

Highlights:  Due to this announcement, Solana is now the first Layer 1 blockchain to incorporate AI capabilities. The Solana Foundation also revealed that it would be expanding its AI-focused...

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Ripple Acquires Metaco for USD 250M to Expand Crypto Custody Services

  Insights Desk   May 19, 2023

Highlights: The company announced that the acquisition would expand its enterprise offerings to include custody and the ability to issue, settle, and trade any tokenized asset. Following the a...

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Unchained Capital Acquires USD 60 M to Increase its Financial Services for Bitcoin

  Insights Desk   Apr 20, 2023

Highlights: The business asserts to have secured over USD 2 billion in bitcoin assets spread across tens of thousands of keys globally. Unchained Capital uses a "collaborative custody" techniq...

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Generative AI is Reducing the Entry Barrier of Cybercrime, as per Reports

  Insights Desk   Apr 13, 2023

Highlights: A new breed of less experienced cybercriminals is reportedly given the ability to weaponize and carry out ransomware and other malicious attacks more quickly due to a combination of ...

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Looking Ahead: The Future of Deep Learning and Metaverse in 2023

  Insights Desk   Apr 11, 2023

Highlights: Deep Learning (DL) is a combination of a recurrent neural network, long short-term memory, and convolutional neural network architecture, evolving as a powerful tool to understand com...

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LayerZero, a Blockchain Interoperability Protocol, Receives USD 120M at a Valuation of USD...

  Insights Desk   Apr 07, 2023

Highlights: Developers can create specific sections of their dapps to utilise the capabilities of different blockchains by utilising LayerZero's protocol. The LayerZero protocol aims to addre...

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