Everything web3, crypto, defi, degen
Upbit, South Korea’s largest exchange by volume, confirmed plans on Tuesday to launch its own Ethereum Layer 2 network, GIWA, as part of a broader infrastructure push, a month after trademark filings hinted at the project.Shortly before the confirmation, Dunamu CEO Oh Kyung-seok teased details of the project in a keynote speech at the Upbit…
In brief Boston startup AlterEgo unveiled a wearable that lets users communicate silently with machines by decoding neuromuscular signals in the jaw and throat. The technology builds on a 2018 MIT Media Lab prototype that showed subvocal speech could be captured and translated with high accuracy. AlterEgo positions its non-invasive approach as a practical alternative…
In brief Eightco raised $250M to buy Worldcoin and changed its ticker to ORBS in a crypto treasury pivot. BitMine backed Eightco with $20M and called the Worldcoin play its first big “moonshot” investment. Eightco bet on Worldcoin over Bitcoin or ETH, sparking questions about the strategy. Eightco Holdings Inc. shares surged more than 3,000%…
Swathes of crypto users could be at risk of having their funds stolen following the discovery of compromised JavaScript code packages, Ledger CTO Charles Guillemet warned Monday.NPM is a prominent package manager for JavaScript, and Guillemet said on X that the entire programming language’s ecosystem could be vulnerable after a reputable developer’s account was compromised,…
In brief Nasdaq’s proposal comes as interest in tokenization of assets surges throughout the financial services world. The exchange said that it believes tokenization can provide the same benefits and protections as traditional systems. Nasdaq lists technology giants like Apple, Amazon, Meta, and Google. Nasdaq has asked the U.S. Securities and Exchange Commission for a…
In brief Forward Industries unveiled a $1.65 billion private placement in public equity. The firm will accumulate Solana, with support from several firms. Forward’s stock price soared 92% pre-market, but then fell. It’s still up 40% on the day, as of this writing. Forward Industries unveiled a $1.65 billion private placement in public equity, or…
In brief Two new research papers show how AI agents can be engineered with fixed psychological archetypes or evolve emotional strategies during conversations. Emotion boosts performance: personality priming improves consistency and believability, while adaptive emotions measurably increase negotiation success. Advocates see more natural human–AI interactions, but critics warn of manipulation and blurred accountability as agents…
In brief AI firm Showrunner plans to produce an interpretation of missing footage from Orson Welles’ 1942 film, “The Magnificent Ambersons.” The reconstruction effort will use deepfake technology and newly shot footage based on archival research. The end product will not be commercially released, as Showrunner doesn’t hold the rights to the original film. AI…
In brief Robinhood was added to the S&P 500 Publicly traded digital asset-focused firms have benefited from the friendlier regulatory and political environment of recent months. The S&P 500 added crypto exchange Coinbase to the index in May. Shares of Robinhood soared 7% in after hours trading after the retail brokerage, which focuses heavily on…
In brief Sora Ventures aims to raise $1 billion to help bolster Bitcoin treasuries in Asia The firm seeks to accumulate a further $800 million for BTC over the next six months. Last year, Sora invested in Metaplanet, the largest Bitcoin treasury firm in Asia. Crypto venture capital firm Sora Ventures aims to raise $1…
