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What 600 Startup Applications Tell About Blockchain & AI in 2024

This is an opinion post written for CryptoPotato by Ken Timsit, Head of Cronos Labs 2023 is the year of artificial intelligence, and there’s no better time than now to take a deeper dive into the different types and use cases of AI — especially for startups and projects working at the intersection of AI and blockchain. To carry the momentum into 2024, Web3 startups should get a better sense of what to focus on when developing projects at the intersection of blockchain and AI....

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DOJ Investigation Leads Tether to Freeze $225M Associated with Human Trafficking Ring

Besides freezing assets, Tether follows strict Know Your Customer (KYC) and Anti-Money Laundering (AML) protocols. Tether, the USDT issuer, has announced the freezing of 225 million in USDT tokens. Globally, USDT has a market cap of $87.7 billion. It also offers dollar exposure to individuals who cannot access the dollar in their own market.  According to Tether, it traced the frozen funds to an international human trafficking ring in Southeast Asia. This move followed a collaboration...

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Dfinity Partners Blockchain Protocol SingularityNET to Launch Joint AI Initiative 

Aside from the integration of ICP into the SingularityNET protocol, the two companies plan to synergize their grant programs by merging the Deep Funding and DFINITY Developer Grant Programs. The Dfinity Foundation, a not-for-profit research and development organization, has partnered with SingularityNET, an AI-focused blockchain firm, to propel decentralized artificial intelligence (DeAI) on the Internet Computer Blockchain (ICP). According to an official press release on November 20, the...

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Worldcoin (WLD) Price Fluctuates Following Events in AI Industry Including Sam Altman Ousting

The price of Worldcoin has fallen over the last 24 hours as new of Sam Altman’s problems and ousting continue to spread. The price of Worldcoin (WLD) reacted to the news in the artificial intelligence (AI) industry, especially as it relates to OpenAI. WLD, the native token of the Worldcoin project, co-founded by Altman, climbed more than 9% over the last 24 hours, and traded at $2.55, according to data from CoinGecko. Data also showed that it rose more than 31% over the past week....

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Bernstein Report: Bitcoin (BTC) Market Cap Could Surpass $3T by Mid-2025 Fueled by Geopolitical Instability

Bernstein analysts are convinced the flagship digital asset will continue on a bullish trajectory amid the incoming halving event that will reduce Bitcoin’s monthly selling pressure to less than $500 million. Bitcoin (BTC) opened the fourth week of November with a renewed bullish outlook fueled by the victory of Argentina’s pro-Bitcoin and anti-CBDC President Javier Milei. The stability and economic balance of the mother coins have undeniably impressed a lot of institutional investors...

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Osaka Digital Exchange (ODX) to Start Trading of Digital Security Tokens in Japan

ODX said the token issuance will take place on Progmat, a robust software platform dedicated to the issuance and management of digital assets.  Osaka Digital Exchange (ODX) is set to transform the Japanese financial landscape with the launch of the country’s first-ever securities trading platform. The announcement, made on November 20, revealed that the company will commence trading of security tokens on its proprietary platform, dubbed “START,” on December 25, Christmas day. Having...

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READYgg Partners Aptos Labs to Onboard Web2 Gamers

The collaboration between READYgg and Aptos Labs fosters a sense of community and collaboration within the gaming ecosystem. The gaming industry is on the verge of a revolutionary transformation, thanks to the dynamic collaboration between READYgg with Aptos Labs to usher in millions of Web2 gamers into the realm of Web3 gaming. READYgg and Aptos Labs to Fuel Migration from Web2 to Web3 This collaboration leverages READYgg’s extensive network and Aptos, a blockchain platform renowned for...

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Santander Private Bank Introduces Crypto Trading for Swiss Clients

Santander has made this move while most big banks limit their exposure to decentralized blockchains and the cryptocurrencies running on them. Santander Private Banking International has announced plans to allow its high-net-worth Swiss clients a chance to trade crypto assets. The bank will offer these clients a chance to buy, sell, and hold two major cryptocurrencies – Bitcoin (BTC) and Ether (ETH). It also plans to add further cryptocurrencies that meet its criteria. According to the...

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AI Tokens Pump on Positive Industry News as X Corp Announces xAI Shareholding

A number of AI tokens have seen recent significant increases, following Musk’s xAI shareholder announcement, along with other news updates. Artificial intelligence (AI) tokens climbed over the past weekend following news from AI companies about the future of the sector. X Corp owner and Chairman Elon Musk said on Sunday that the company’s shareholders would have a 25% stake in xAI, Musk’s new AI company. Another factor that pumped AI stock over the last few days is news that former OpenAI...

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Mastercard Partners with Feedzai to Leverage AI Tech to Detect and Tackle Crypto Fraud

Mastercard’s partnership with Feedzai aims to address concerns around crypto fraud and money laundering by leveraging artificial intelligence to differentiate between legitimate and fraudulent transactions. Mastercard Inc (NYSE: MA) is strengthening its efforts to identify and prevent fraud associated with crypto exchanges. In an exclusive statement to CNBC, the company revealed a partnership with Feedzai, a regulatory technology platform leveraging artificial intelligence to combat online...

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