‘Godmother of AI’ launches World Labs with $230M funding at $1B valuation

Crypto services from Binance and Gulf Energy’s joint venture, Gulf Binance, will initially be available to Thai residents on an invitation-only basis. 608 Total views 4 Total shares Binance will publicly roll out a Thailand-based crypto exchange in early 2024 via a joint venture with local energy giant Gulf Energy Development.A Nov. 15 Stock Exchange

Safe Superintelligence reportedly raised the funds at a valuation of $5 billion.

Elwood Asset Management — owned by British billionaire and Brevan Howard founder Alan Howard — is planning a $1 billion venture into the crypto hedge fund space.The Financial Times (FT) reported on Aug. 30 that the asset manager is developing a platform that would tailor portfolios of cryptocurrency funds for institutional investors.Weeding out the crypto…

Turning Bitcoin into a multi-purpose ecosystem could allow it to reach the same level of success as Ethereum — and make it several times more valuable.

Cointelegraph shares six tips on how to safely invest in Defi projects in our latest in-depth video. 1859 Total views 63 Total shares In our latest in-depth video, Cointelegraph shares six key tips on how to increase your safety when investing in DeFi by identifying rug pulls — One of the most widespread types of…

Cardano price is down today, continuing its decline for a fourth week in a row amid rate hike fears, SEC crackdown and a recovering U.S. dollar. 139 Total views 4 Total shares The price of Cardano (ADA) is down over 3% on June 19 after dropping over 30% in the past two weeks. Is ADA…

Bitcoin (BTC) price continues to weaken following the shakeout of the leveraged traders in the derivatives markets on Nov. 10. This caused the derivative funding rates to drop to the neutral territory of 0.01% across exchanges.Data analysis firm Arcane Research said in its latest weekly newsletter that the derivatives markets had matured compared to the…

The Royal Bank of Canada (RBC) — the largest bank in Canada with $499 billion in assets under management — will not launch its own digital currency trading platform, contrary to previously published news.Last week, rumors that the RBC was exploring the possibility of launching its own cryptocurrency exchange began circulating the internet on a…