Openai, the company at the center of the artificial intelligence (AI) revolution, is reportedly seeking to raise $ 6.5 billion from investors, reaching a valuation of $ 150 billion. According to Bloomberg, the funds would be used to support the need for computing power and other expenses, as stated in a memo sent …
Saudi Arabia’s emergence as a top venture capital investment destination in the Middle East and North Africa offers an opportunity for Web3 startups seeking funding. However, the latest Adaverse report acknowledges that the Saudi Web3 industry faces challenges requiring collaboration among key stakeholders to overcome. The report urges Saudi authorities to establish clear, comprehensive regulations […]
Lightning Labs, an institution dedicated to research and development related to the Lightning Network, Bitcoin’s second layer, has announced the rollout of Taproot Assets. This solution allows for issuing multiple tokens on top of it. The institution aims to capitalize on the popularity and volume of stablecoins to establish bitcoin as the global routing currency. […]
Ripple Labs has donated $ 1 million to the Commonwealth Unity Fund, a new super PAC established by pro-crypto attorney James Murphy, aiming to unseat Senator Elizabeth Warren with John Deaton in the Massachusetts Senate. Murphy also contributed $ 50,000. Ripple also recently committed $ 25 million to Fairshake, another pro-crypto super …
PRESS RELEASE. Byte Federal, a leading company in the global financial technologies space, is proud to announce the official launch of its point of sale (POS) system, ByteConnect. This product launch marks a significant expansion of Byte Federal’s “fintech focused” services, showcasing a commitment to building a full suite of financial tools for economic freedom. […]