News

Dubai’s crypto regulator cracks down on unlicensed firms
October 10, 2024 1:07 pm

Dubai’s Virtual Assets Regulatory Authority issued fines ranging from $13,600 to $27,200 to seven entities operating without licenses or breaching marketing regulations. 

Ubisoft set to launch its first Web3 game on Oasys blockchain
October 10, 2024 1:00 pm

Ubisoft enters the Web3 space with Champions Tactics, a tactical RPG leveraging blockchain for player-owned assets and unique champions.

Aethir launches $100M fund to accelerate AI, gaming innovation
October 10, 2024 1:00 pm

Aethir’s new fund will distribute 336 million ATH tokens as it aims to revolutionize AI and gaming with advanced GPU access.

Here’s what happened in crypto today
October 10, 2024 12:49 pm

Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.

South Korean Upbit crypto exchange faces monopoly probe
October 10, 2024 12:43 pm

South Korea’s FSC will reportedly investigate Upbit’s relationship with its bank partner K-Bank before the latter’s IPO, which is expected in late October.

Is Tether’s USDT stablecoin ‘noncompliant’ with EU’s MiCA regulations?
October 10, 2024 12:33 pm

The European Securities and Markets Authority declined to disclose whether USDt is “noncompliant” but said it is working on solutions to issues in the framework.

Fetch.ai, Imperial College partner to launch AI lab
October 10, 2024 12:00 pm

Fetch.ai partners with Imperial College London’s I-X Hub and launches a $10 million fund for AI startups and innovative tech development.

47% of traditional hedge funds maintain crypto exposure: Report
October 10, 2024 11:40 am

A survey reveals that almost half of traditional hedge funds have exposure to digital assets, with increased global regulatory clarity boosting confidence.

Why is Bitcoin price down today?
October 10, 2024 10:58 am

Bitcoin traders are reducing their risk exposure ahead of the upcoming US inflation report, among other factors contributing to the cautious sentiment.

OpenAI may not turn a profit until 2029 despite rapid growth
October 10, 2024 10:45 am

Despite increasing revenue, OpenAI is expected to continue operating at a loss until 2029, as the cost of scaling advanced AI models remains steep.