OpenAI in talks to raise funds at over $100B valuation: Report
Private documents show OpenAI stockholders are planning to sell shares at a price that would value the firm at $103 billion. Any new investment would see the AI startup valued even higher.
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Germany: Suspects Arrested for Stealing Electricity in Crypto Mining Operation
In the German city of Klingenthal, Saxony, police have arrested a group of suspects for stealing electricity to operate a cryptocurrency mining farm, Cointelegraph auf Deutsch reports Feb. 6.Police officers reportedly tracked down a system of 49 computers operating in the premises of former electrical services company PGH Elektro. Since at least 2017, the mining…

WEF 2022: Blockchain and digitization to take center stage at Davos
The annual meeting of the World Economic Forum (WEF) is scheduled to take place from May 22–26, marking the first in-person WEF global leadership event since the pandemic began. The annual meeting was first scheduled for January but was later turned into a virtual event in light of growing COVID-19 infections during the winter.The Davos…

Bitcoin trader warns risk 'is peaking' in crypto cycle, calls for caution
While Bitcoin analyst Willy Woo advises caution over the coming months, other crypto analysts are optimistic that Bitcoin has a “high probability of reversal.”

Trademark attorney predicts legal fights ahead with Twitter’s rebrand to X
According to Josh Gerben, the social media platform could be embroiled in lawsuits over its 'X' branding for years, costing upwards of millions of dollars. Josh Gerben, a trademark attorney with Gerben Intellectual Property, has suggested the company formerly known as Twitter could spend upwards of $100 million in dealing with litigation as a result…

Unity Unveils Patent for Blockchain-Based, Uniquely Identified In-Game Token System
The Danish parent company of game engine developer Unity has applied for a patent related to in-game cryptocurrency tokens, documents from the United States Patent and Trademark Office revealed on March 5.Unity Technologies, whose software its CEO says is used by about half of the world’s video games, is now targeting missing links in the…

European Parliament Member: Decentralization via DLT ‘Provides More Security’
Maltese politician and a Member of the European Parliament (MEP) Roberta Metsola claimed that decentralization powered by blockchain “provides more security,” Cointelegraph learned during her speech at the Malta Blockchain Summit on Friday, Nov. 2.Addressing the summit, Metsola expressed a positive stance by the European Parliament (EP) regarding the emerging industry of blockchain and cryptocurrencies.…

Ethereum researcher unveils ‘time machine’ for even smarter, smart contracts
Similar to how Gmail allows users to unsend an email, STXN’s new time machine feature will allow crypto users to revert Ethereum transactions.

Diginex goes public on Nasdaq following special-purpose acquisition
Following a $20 million capital raise and reverse merger, digital finance company Diginex's stock has listed on the Nasdaq exchange under the ticker EQOS. Diginex is "the first Nasdaq-listed company that covers the full virtual currency ecosystem," Diginex CEO Richard Byworth told Cointelegraph in an interview. "I think this is hugely important for the development of…