₿trust, a non-profit organization funded by Twitter (now X) co-founder and Bitcoin (BTC) advocate Jack Dorsey, is scaling up its programs in Africa with a new acquisition. The non-profit has acquired Qala, an organization dedicated to training Bitcoin and Lightning engineers in Africa. The acquisition will help ₿Trust succeed on its mission to drive the development and education of Bitcoin…
The CEO of Chinese tech company Baidu, Robin Li, said on Sep. 5 that more than 70 artificial intelligence (AI) models have been released in the country, according to a report from Reuters. Li commented that the over 70 AI language models that have been released were created with over 1 billion parameters, which technically can classify them as large…
Filmmakers who are looking for funding to bring their projects to life can now apply to Mycolab, a community funding program from Myco, the token-driven watch-and-earn platform. Launched today, Mycolab is a program that lets creators submit project proposals to join a long list of 30 projects that will ultimately be chosen and vetted by a group of industry judges.…
Raj Gokal, co-founder of blockchain protocol Solana and chief operations officer of Solana Labs, started his career in venture capital with a focus on high-growth tech business. For seven years, Gokal focused on health tech, first with wearable sensors using Bluetooth Low Energy as a wireless protocol, then leading product management at Omada Health. He aimed to address the fractured,…
Ethereum co-founder Vitalk Buterin believes that future upgrades to the network could make it possible to run full nodes on mobile devices, helping to decentralize the network and improve its scalability. Speaking during Korea Blockchain Week, Buterin addressed the decentralization and scalability challenges facing the Ethereum mainnet, as initially reported by CoinTelegraph. “In the longer term there’s a plan to…
The price of the native token of decentralized finance (DeFi) cross-chain bridge Synapse (SNY) plummeted on Sept. 5 after an unknown liquidity provider on the platform dumped nearly 9 million SYN tokens and pulled all stablecoin liquidity from the bridge. The official X account for Synapse acknowledged the liquidity rug by an “unknown liquidity provider,” while clarifying that the Synapse…
The legal industry has emerged as a major winner amid cryptocurrency collapses like FTX and Celsius, generating hundreds of millions of dollars for lawyers. Lawyers, accountants, consultants, analysts and other professionals have collected at least $700 million in fees from the bankruptcies from major crypto firms over the past year, according to a report and an analysis by The New…
Web3 fantasy sports platform Sorare has announced the launch of 3D digital football player cards with integrated augmented reality (AR) capabilities. “By making these cards 3D, with an AR feature, we want to bring more emotion in our cards and make them more desirable for all sports fans,” a spokesperson for Sorare told Decrypt. Sorare Managers will be able to…
Top five South Korean financial conglomerate Hana Financial Group has announced a partnership between its KEB Hana Bank and crypto custodian BitGo for late 2024. According to reporting by Forkast, both companies made a joint statement late Tuesday at the Korean Blockchain Week currently underway in Seoul. “We expect to contribute to raising trust and consumer protection on the domestic…
Web3 startup accelerator Cronos Labs has launched the third cohort of its accelerator program which aims to support early-stage projects by providing funding opportunities and mentorship. The scheme is backed by $100 million in investment that will be used to support crypto startups. In an announcement sent to Cointelegraph, Cronos Labs highlighted that the accelerator’s goal is to nurture startups…
