Web3 venture funding stabilizes after rocky 2023 — Crunchbase

The billionaire crypto proponent said politicians and regulators have a flawed understanding of crypto and its technological underpinnings. 123 Total views 4 Total shares Amid the chorus of stringent crypto regulations among several United States leaders, proponents like Galaxy Digital CEO Mike Novogratz look to counter anti-cryptocurrency sentiments circulating in Washington.Tweeting on Tuesday, Novogratz described…

The MetaMask Institutional wallet added Cobo NFT management to its growing list of custodial services for institutional investors. 429 Total views 17 Total shares Institutional investment is pouring into the crypto world, notably the nonfungible token (NFT) scene. In a reaction to the influx, MetaMask Institutional announced another addition to its custodial services offerings for…

“All factory-deployed vaults have no management fees and a flat 10% performance fee,” the DeFi project wrote. 420 Total views 2 Total shares Own this piece of history Collect this article as an NFTDecentralized yield protocol Yearn.finance said in a Jan. 9 tweet that all users can now create sophisticated Permissionless Vault Factories on its…

Australian crypto entrepreneur and investor Fred Schebesta has described the Australian government's prioritization of token mapping as “wonderful,” but warns that rushing it could lead to detrimental effects on the economy.Schebesta's comments come after Australian Treasurer Jim Chalmers released a statement on Aug. 22 stating that the “treasury will prioritize token mapping work" in 2022…

The launch comes just weeks after Chinese authorities began accepting applications for public-facing AI systems. 96 Total views 3 Total shares Alibaba announced that its proprietary large language model, an artificial intelligence system called Tongyi Qianwen, will be available for public and enterprise access throughout China starting Sept. 13. Tongyi Qianwen is a ChatGPT-like large language

China Ever­bright Bank (CEB), a major commercial bank in China and one of the world’s largest public companies, is debuting a blockchain-based supply chain finance solution by Ant Financial.Ant Financial, the financial arm of Chinese e-commerce giant, Alibaba, has partnered with CEB to collaboratively implement Duo Chain — a network services platform designed to handle…

The partnership aims to simplify and scale gaming development using DePIN technology, enhancing accessibility and efficiency.

The endorsement suggests that Ethereum may play an important role in the US’s permissioned security token ecosystem.  The Depository Trust & Clearing Corporation (DTCC) — the US’s primary clearinghouse for securities transactions — has committed to promoting Ethereum’s ERC-3643 standard for permissioned securities tokens, according to a March 20 announcement.  DTCC is joining the ERC3643