Early-stage venture capital firm Dispersion Capital recently exited stealth, launching a $40 million fund for startups working on infrastructure for Web3 projects.
One of the largest cryptocurrency ATM operators, Coin Cloud, which claims to operate more than 5,000 crypto ATMs, has filed for bankruptcy protection in the United States.
Shares of Coinbase Global Inc. fell the most in six months after rival Kraken was forced to stop offering investment services that the largest U.S. cryptocurrency exchange also offers.
On May 22, Nanjing, the capital of East China's Jiangsu Province, unveiled the China Metaverse Technology and Application Innovation Platform, which promotes research and development of Metaverse across the country.
On May 24, Singapore-based venture capital (VC) firm Foresight Ventures announced that it will pledge an additional US$10 million to its Foresight X Accelerator, bringing its total to US$20 million.
In 2023, more than one-third of the top 1,000 cryptocurrency projects (including cryptocurrency companies and individual tokens) have not published a new article on their respective websites.
Cryptocurrency exchange FTX is seeking to recover about $4 billion from also-bankrupt cryptocurrency lender Genesis and a still-solvent British Virgin Islands entity part of an effort to recover value for creditors.
Demis Hassabis, CEO of Google DeepMind, recently predicted that artificial intelligence (AI) systems will reach human-level cognition at some point between "the next few years" and "probably within a decade."
Artificial intelligence (AI) chatbots are not new, but they are quickly gaining public attention as chatbots merge with emerging technologies and society.
