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Business

NFT marketplace OpenSea lays off 50% of staff
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7 November, 2023

NFT marketplace OpenSea lays off 50% of staff

CEO Devin Finzer says the company is set to launch OpenSea 2.0, which calls for “a smaller team with a...
nChain CIO Christine Leong at Global CIO Institute Oxford: How Web3 will change our lives
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7 November, 2023

nChain CIO Christine Leong at Global CIO Institute Oxford: How Web3 will change our lives

In her presentation, nChain's Christine Leong tackles the importance of digital identity in the evolving economic landscape and how this...
NIST launches AI Safety Institute as new draft bill aims to bolster agency’s AI mandate
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7 November, 2023

NIST launches AI Safety Institute as new draft bill aims to bolster agency’s AI mandate

NIST calls on participants to join the consortium that aims to develop innovative methods for evaluating AI systems to improve...
FCA issues new guidance on how to comply with digital asset promotion rules
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7 November, 2023

FCA issues new guidance on how to comply with digital asset promotion rules

Under the new guidance, firms promoting digital asset products in the United Kingdom are mandated to provide ads that are...
Animoca Brands receives $50 million fund from Saudi-backed smart city project
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7 November, 2023

Animoca Brands receives $50 million fund from Saudi-backed smart city project

Hong Kong-based Animoca Brands and Neom Company have signed a memorandum of understanding to streamline the Saudi Vision 2030 plan...
SEC requests summary judgment against Do Kwon
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6 November, 2023

SEC requests summary judgment against Do Kwon

The U.S. securities regulator believes there's no need for a trial as there is "no genuine dispute as to any...
‘AI’ is Collins Dictionary’s Word of the Year
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6 November, 2023

‘AI’ is Collins Dictionary’s Word of the Year

For 2023, the most popular word globally is “AI,” which Collins Dictionary describes as “the modelling of human mental functions...
PayPal hit with SEC subpoena over new PYUSD stablecoin
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6 November, 2023

PayPal hit with SEC subpoena over new PYUSD stablecoin

On November 1, PayPal issued its Q3 earnings report, and in a separate filing, the company revealed that it received...
Can you obtain AI patents, and can AI be an inventor? The answer is…maybe
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6 November, 2023

Can you obtain AI patents, and can AI be an inventor? The answer is…maybe

At the Exeter Blockchain and Law Conference 2023, Nigel Hanley, head of the examining group at the UKIPO, said whether...
Blockchain beyond Bitcoin: Leveraging blockchain in multi-industry applications
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6 November, 2023

Blockchain beyond Bitcoin: Leveraging blockchain in multi-industry applications

At the Digital Nigeria 2023, a panel that included Keyi Tech’s Lise Li and Bitlipa’s Apollo Eric discussed how Africa...
Singapore central bank strikes partnership with foreign financial regulators for tokenization pilots
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6 November, 2023

Singapore central bank strikes partnership with foreign financial regulators for tokenization pilots

As part of Singapore's exploration of asset tokenization, the Monetary Authority of Singapore is teaming up with U.K. and Japan...
PayPal receives digital asset green light in the UK
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5 November, 2023

PayPal receives digital asset green light in the UK

After pausing some digital asset services in August, PayPal has now joined 42 other companies registered by the FCA to...