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February 5, 2024
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Gen AI report highlights job loss concerns in entertainment

Consultancy firm CVL Economics suggests that generative artificial intelligence (Gen AI) will result in more job losses in the film and animation industry compared to other […]
February 5, 2024
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Fed’s Powell says US on ‘unsustainable fiscal path’ as debt burden grows

Federal Reserve Chair Jerome Powell has issued a warning, stating that the United States is on an “unsustainable fiscal path,” with the current debt level surpassing […]
February 5, 2024
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Farcaster sees 400% increase in daily active users amid ‘frames’ frenzy

The Farcaster protocol, a decentralized network for social media applications, has experienced a remarkable 400% surge in daily active users over the past week. This growth […]
February 5, 2024
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Employee loses $25M of firm’s funds after call with deepfake colleagues

Scammers utilizing deepfake technology successfully deceived an employee at a multinational firm, leading to the transfer of over $25 million in company funds. The elaborate scam […]
February 5, 2024
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El Salvador: Initial polls show Nayib Bukele to win reelection

The pro-Bitcoin Salvadoran President Nayib Bukele is widely expected to win a second term in office, with early voting data indicating his party will win 87% […]
February 5, 2024
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BlackRock and Fidelity Bitcoin ETFs reach top 10 in January flows

BlackRock’s iShares Bitcoin Trust (IBIT) and Fidelity’s Wise Origin Bitcoin ETF (FBTC) have recorded significant inflows in January, totaling approximately $4.8 billion.   Inflows for IBIT […]
February 3, 2024
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Fusionchain custody service to rise from Qredo after acquisition

A new platform called Fusionchain is set to launch using assets from the digital custody service Qredo following its partial acquisition by a firm connected to […]
February 3, 2024
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VC Roundup: Institutional staking, car network, and Move VM funding deals

Crypto-based startups have demonstrated resilience and innovation at the start of 2024, securing significant funding across various sectors despite the challenges posed by liquidity constraints and […]
February 3, 2024
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Thai SEC orders Zipmex to suspend services temporarily

Thailand’s Securities and Exchange Commission (SEC) has mandated the cryptocurrency exchange Zipmex to halt its digital asset trading and brokerage operations for a temporary period. This […]
February 3, 2024
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Irish Council for Civil Liberties says Microsoft–OpenAI partnership must be investigated as merger

The Irish Council for Civil Liberties (ICCL) has raised significant concerns regarding Microsoft’s partnership with OpenAI, prompting a call for investigation by European Union regulators. This […]

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