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Weekly overview

Read more about the article Coinbase to expand use of Vaults for secure crypto custody — Executive

Coinbase to expand use of Vaults for secure crypto custody — Executive

  • Post author:
  • Post published:August 9, 2024
  • Post category:Weekly overview

Coinbase currently holds approximately $270 million in customer assets. Coinbase plans to integrate its secure crypto custody accounts — known as Vaults — into more of its products, including those…

Continue ReadingCoinbase to expand use of Vaults for secure crypto custody — Executive
Read more about the article Montenegrin court delays Do Kwon’s extradition to South Korea

Montenegrin court delays Do Kwon’s extradition to South Korea

  • Post author:
  • Post published:August 9, 2024
  • Post category:Weekly overview

The Terraform Labs co-founder has been in Montenegro since his arrest in 2023, potentially facing extradition to either his native South Korea or the United States. Montenegro’s Supreme Court has…

Continue ReadingMontenegrin court delays Do Kwon’s extradition to South Korea
Read more about the article Amazon faces UK merger probe over $4B Anthropic AI investment

Amazon faces UK merger probe over $4B Anthropic AI investment

  • Post author:
  • Post published:August 9, 2024
  • Post category:Weekly overview

Microsoft and OpenAI face similar scrutiny as Europe and the UK seek to identify the line between investment and acquisition. Amazon and artificial intelligence research firm Anthropic are being investigated…

Continue ReadingAmazon faces UK merger probe over $4B Anthropic AI investment
Read more about the article AI bubble not over yet despite entering ‘trough of disillusionment’: AI Eye

AI bubble not over yet despite entering ‘trough of disillusionment’: AI Eye

  • Post author:
  • Post published:August 9, 2024
  • Post category:Weekly overview

AI revenue and abilities haven’t lived up to the hype — but Wall Street and Big Tech have plenty of good reasons to stay ‘all in.’ Its fair to say…

Continue ReadingAI bubble not over yet despite entering ‘trough of disillusionment’: AI Eye
Read more about the article Franklin Templeton’s tokenized money fund launches on Arbitrum

Franklin Templeton’s tokenized money fund launches on Arbitrum

  • Post author:
  • Post published:August 9, 2024
  • Post category:Weekly overview

It’s a stamp of approval for the layer 2 from United States regulators. According to an Aug. 8 announcement, Franklin Templeton is launching its tokenized money fund on the Arbitrum…

Continue ReadingFranklin Templeton’s tokenized money fund launches on Arbitrum
Read more about the article Solana’s first gaming SVM surpasses 1M monthly active users

Solana’s first gaming SVM surpasses 1M monthly active users

  • Post author:
  • Post published:August 9, 2024
  • Post category:Weekly overview

Despite the significant milestone, Web3 gaming still needs more “soft” infrastructure for mass adoption, according to Sonic’s CEO Sonic’s testnet has surpassed one million monthly active users in a testament…

Continue ReadingSolana’s first gaming SVM surpasses 1M monthly active users
Read more about the article Bitcoin price taps week-to-date high near $58.5K amid US jobs data miss

Bitcoin price taps week-to-date high near $58.5K amid US jobs data miss

  • Post author:
  • Post published:August 9, 2024
  • Post category:Weekly overview

Bitcoin buyers step in as US jobless claims fall short of estimates, with Binance buy orders helping fuel a BTC price trip to week-to-date highs. Bitcoin (BTC) spiked through $58,000…

Continue ReadingBitcoin price taps week-to-date high near $58.5K amid US jobs data miss
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