ulti
OneCoin Co-Founder Sentenced to Two Decades in Prison Over Multibillion-Dollar Fraud
Karl Sebastian Greenwood, co-founder of the OneCoin cryptocurrency scheme, has been sentenced to 20 years in prison for deceiving millions of investors worldwide, leading to losses exceeding $4 billion. The scheme, based in Sofia, Bulgaria, was marketed as a revolutionary cryptocurrency, but was later revealed to be a sham. Greenwood and co-founder Ruja Ignatova used the scheme to finance extravagant lifestyles.
Coinbase and Circle Add Algorand Blockchain to Multi-Chain USDC Stablecoin Framework—Faster than Ethereum
Coinbase and Circle Centre Consortium have expanded USDC from Ethereum to Algorand’s blockchain as part of its multi-chain USDC framework.
What is ChatGPT 5?
OpenAI's ChatGPT 5 is set to revolutionize AI-driven chatbots and language processing, with potential features including multimodal understanding, an enhanced knowledge database, and Artificial General Intelligence (AGI), expected to be released around 2025.
Binance to Delist Multiple Trading Pairs Including ANKR, IOTA, LRC, Effective September 1, 2023
Binance has announced the discontinuation of several spot trading pairs, including ANKR/BNB, CVC/BUSD, EPX/BUSD, HIVE/BUSD, IOTA/BNB, KLAY/BUSD, LRC/BNB, MBL/BUSD, MTL/ETH, and UMA/BUSD, on September 1, 2023. The removal could impact liquidity and trading strategies, particularly for automated trading systems.
Binance Futures Drops XRP and TUSD Support in Multi-Assets Mode
Binance Futures discontinues support for XRP and TUSD as margin assets in the Multi-Assets Mode from 2024-05-28 06:00 (UTC).
Wormhole Queries: Revolutionizing On-Chain Data Access for Multichain Applications
Wormhole Queries offer an efficient way to access on-chain data, crucial for multichain apps.
NVIDIA Unveils Multi-Camera Tracking Workflow for Large Space Management
NVIDIA introduces a comprehensive multi-camera tracking workflow to enhance safety and optimize operations in large spaces.
OKX Introduces ULTI Perpetual Futures, Margin Trading, and Simple Earn
OKX announces ULTI perpetual futures, margin trading, and Simple Earn.
OKX to List Ultiverse (ULTI) for Spot Trading
OKX announces the listing of Ultiverse (ULTI) for spot trading, starting June 6, 2024.
Oracle and Google Cloud Forge Multicloud Alliance to Accelerate Application Modernization
Oracle and Google Cloud announce a multicloud partnership to enhance application migrations and modernization.
Binance to Support MultiversX (EGLD) and Ronin (RON) Network Upgrades
Binance announces support for MultiversX (EGLD) and Ronin (RON) network upgrades and hard forks, ensuring uninterrupted trading.
Wintermute Introduces Multi-Currency Collateral for Capital-Efficient CFD Trading
Wintermute has launched multi-currency collateral support for CFDs, enhancing capital efficiency and flexibility in derivative trading, according to Wintermute.
NVIDIA NIM Enhances Multilingual LLM Deployment
NVIDIA NIM introduces support for multilingual large language models, improving global business communication and efficiency with LoRA-tuned adapters.
NVIDIA Utilizes Synthetic Data to Enhance Multi-Camera Tracking Accuracy
NVIDIA's synthetic data and AI models improve multi-camera tracking accuracy via fine-tuning, leveraging digital twins and the TAO toolkit.
Anyscale and MongoDB Collaborate to Enhance Multi-Modal Search
Anyscale and MongoDB join forces to revamp multi-modal search, offering scalable solutions and improved search relevance for e-commerce platforms.
Arkham Intelligence Introduces Tags for Gnosis Safe Signers
Arkham Intelligence has launched a new feature allowing users to tag and find signers of Gnosis Safe Multisig wallets.
NVIDIA Simplifies Camera Calibration for Enhanced AI Multi-Camera Tracking
NVIDIA introduces streamlined camera calibration processes to boost the accuracy of AI-powered multi-camera tracking applications.
Mastercard Unveils Interoperable CBDC in Australia
Mastercard, in association with the RBA and DFCRC, has demonstrated a groundbreaking interoperable CBDC solution to enhance Web3 commerce in Australia and beyond. The live demonstration showcased a pilot CBDC holder purchasing an NFT on Ethereum, utilizing Mastercard’s Multi Token Network, emphasizing the potential of blockchain interoperability in fostering secure and efficient digital commerce.
How Banking Difficulties Drive Crypto Adoption in Latin America
Many businesses and individuals in Latin American countries are using cryptocurrency to buy retail goods while seeking to avoid unstable fiat markets.
Yearn.finance Appeals to Arbitrage Traders for $1.4 Million in Recovery Funds After Multisig Error
Yearn.finance seeks the return of $1.4 million from traders after a multisignature scripting error drained its treasury.
Understanding Generative AI and Future Directions with Google Gemini and OpenAI Q-Star
A critical examination of the latest AI innovations, Gemini and Q-Star, reveals a transformative journey in generative AI, from MoE architectures to advanced multimodal systems, paving the way for a new era in artificial intelligence.
Google's Imagen 2 Unveiled: Revolutionizing Text-to-Image AI Technology
Google's latest updates to Bard introduce image generation, multilingual support with Gemini Pro, enhanced coding assistance, and broader accessibility, showcasing significant advancements in AI-driven creativity and user interaction.
Binance Invests another $5m in Metaverse Startup Ultiverse
Binance is putting in a fresh $5 million investment in metaverse gaming startup Ultiverse, after leading a $4.5 million seed investment a week earlier for the firm.
Polygon Founder Announces POL: Massive Technical Upgrade to MATIC
Sandeep Nailwal introduces the POL token, a technical upgrade to Polygon's ecosystem, revolutionizing multi-chain staking and introducing a new era in token design.
Astar Network To Launch Smart Contracts 2.0 on the Mainnet on April 6th
Astar Network, a smart contracts platform for multichain, is thrilled to announce that it will launch Smart Contracts 2.0 – the WebAssembly (WASM) smart contracts that extend the Web3 functionality of EVM – on the mainnet at 14:00 UTC on Thursday, April 06th. With this technical update, Astar Network will support both Ethereum Virtual Machine (EVM) and WASM VM smart contracts on the mainnet.
US District Judge Rules in Favor of Custodial Arrangement for bZx DAO Members
A US district judge has ruled that bZx DAO transactions are custodial due to the ability for developers to upgrade a smart contract where the key is held by a single developer, as highlighted in a class-action lawsuit against bZx DAO and others. This may impact DeFi platforms that use multisigs and require them to obtain custody licenses to comply with the law.
Orange Financial To Launch Innovative Yield Farming Treasury - Stablecoin Rewards for NFT Holders
Orange Financial, a multi-chain yield farming treasury, is excited to announce its public mint date on February 1st, 2023. As the only NFT project to offer stablecoin rewards through yield farming to its holders, Orange Financial will revolutionize the world of yield farming and NFTs.
Nytro Chain Offers A Seamless Transaction Experience For The Avalanche Network With Its Built-in Multi Payment Function
Nytro Chain is designed for high-volume transactions and has a built-in multi-payment function that allows senders to send digital assets to multiple wallet addresses
Online interview with CEO of Block Chain Impact Hugo Jacques on blockchain advisory and investment
As Blockchain technology becoming more viable and prevalent, the number of accelerators and incubators to provide funding and servicing to this ecosystem had also increasing. We recently interview with the CEO of Block Chain Impact, Hugo Jacques. Who have wealth of experience in the ecosystem with investors and start ups, he share with us his experience and advice for anyone who want to enter into this field.
Meta's Martin Signoux Predicts AI Model Developments for 2024
Martin Signoux predicts 2024 AI model trends including Large Multimodal Models, continuous improvements, Small Language Models' significance, open and proprietary models coexistence, benchmarking challenges, and public debate on AI risks.
Consulting Giant KPMG Gets into Metaverse Business
KPMG has become the latest major corporation looking into the niche world of the metaverse, with the firm reporting a surge in interest. The move is an attempt by the firm to offer a more immersive experience to its millions of users across the globe.
Singapore High Court Approves iSanctuary's Use of NFTs for Financial Investigations
In a legal first for Singapore, the High Court has granted permission to UK-based financial investigation firm Intelligent Sanctuary (iSanctuary) to use nonfungible tokens (NFTs) in tracking and freezing assets related to a hack. The NFTs, created in partnership with Mintable, will serve as a warning to counterparties and exchanges and enable real-time tracking of transactions from the compromised wallets.
Stars Arena Tightens Security Following $3M Exploit
Stars Arena, an Avalanche-based Web3 social media app, is reinforcing its security measures following a $3 million exploit on October 6, 2023. The steps include the transfer of funds to a secure multisig wallet, a comprehensive security audit, and the engagement of a white hat team for rapid security review. Users have been urged not to deposit any new funds until the security overhaul is completed.
Multinational Corporations Continue to File Trademarks in Web3, NFTs, and Metaverse
Multinational corporations, including General Motors, Lacoste, and Walmart, have continued to file trademark applications in Web3, NFTs, and the metaverse, despite the broader market downturn. In February alone, General Motors filed for two new trademark applications covering Chevrolet and Cadillac brands, while Lacoste filed five trademark applications for "CHAMPS-ELYSEES." Walmart also filed trademark applications for the "SamsClub" name and logo. Even amid the bear market, record numbers of trademark applications have been filed for NFTs, metaverse, and crypto-related products in 2022.
Unchained Capital Raises $60M in Bitcoin Funding
Financial services provider Unchained Capital has raised $60 million in a Series B funding round led by Valor Equity Partners. The company uses multi-signature technology to provide a more secure way to hold Bitcoin, allowing clients to share control of their funds between private keys they hold themselves and those held by Unchained or other financial services companies. The funding will be used to expand Unchained's reach and suite of services.
Exploring AGI Hallucination: A Comprehensive Survey of Challenges and Mitigation Strategies
A new survey delves into the phenomenon of AGI hallucination, categorizing its types, causes, and current mitigation approaches while discussing future research directions.
Coinbase Uses Multi-Party Computation to Enhance Crypto Wallet Security and User Experience
Coinbase is making strides towards simplifying the onboarding process for web3, bolstering both security and recovery for crypto wallets. The company is deploying a cryptographic technique called Multi-Party Computation (MPC) to eliminate key management hurdles that have long been a barrier to mainstream web3 adoption.
Fantom's Evolution: From Technical Innovations to Ecosystem Expansion
Fantom continues to innovate despite facing challenges in its DeFi ecosystem. With planned technical upgrades and a focus on growing its developer community, the network aims for a robust and diversified blockchain ecosystem.
Multicoin Capital invests in Wormhole to enhance crypto interoperability
Multicoin Capital leads $225 million funding round for Wormhole, a leading multichain solution with over $41 billion assets and 30 chains, focusing on user experience and zero-knowledge verification technology.
Safeheron Discovers Security Flaw in MPC Wallets
Safeheron has identified a security flaw in MPC wallets when used with Starknet-based apps like dYdX and Fireblocks. The flaw allows attackers to bypass the security protection of private keys in MPC wallets, potentially leading to unauthorized transactions.
Visa New Crypto Consulting Services to Promote Mainstream Development of Cryptos
Payment giant Visa said that it will launch a new consulting service focused on the cryptocurrency field to help customers gain a deeper understanding of cryptocurrencies.
Multichain Reports Unusual Outflows Worth Over $100M
In the past 12 hours, a large amount of assets has unusually flowed out from Multichain. These assets, which include a variety of cryptocurrencies, have been transferred to the new address: 0x1eed63efba5f81d95bfe37d82c8e736b974f477b. At the time of writing, the net worth of all assets transferred is $102,834,504.
Yann LeCun Discusses AI Progress and Quantum Computing at FAIR's 10th Anniversary
Yann LeCun of Meta AI discussed the future of AI, highlighting Nvidia's hardware dominance, skepticism about human-level AI and quantum computing, and Meta's focus on multimodal AI systems.
Polkadot: A Decentralized Center for Specialized Blockchain Interoperability
Polkadot could be one of the most carefully crafted blockchain projects to date, allowing for better coordination and communication between blockchains.
Ex-FTX Execs Launch New Crypto Exchange Backpack
Former FTX executives, Can Sun, are launching Backpack Exchange in Dubai, aiming to raise $100 million for customer fund security and advanced technology.
Uniswap Launches on Moonbeam Network, Extending to Polkadot
Uniswap v3 contracts are now live on the Moonbeam Network, a core component of the Polkadot ecosystem, facilitating a broader user base to engage with Uniswap via an Oku interface. This integration, spurred by community approval and secure cross-chain protocol Wormhole, underscores Moonbeam’s standing in multi-chain expansions and augments trading experience with enhanced features catering to liquidity providers.
Understand JPMorgan's DocLLM: Enhancing AI-Powered Document Analysis
JPMorgan introduces DocLLM, an AI model for multimodal document understanding. This lightweight extension of LLMs excels in analyzing business documents, employing a novel spatial attention mechanism and bounding box information instead of costly image encoders.
THORChain (RUNE) Price Soars After Multicoin Capital’s Heavy Investment
Multicoin Capital has made an unusual move by betting big on THORChain (RUNE), a digital currency that is not widely acclaimed like BTC
Vitalik Buterin Emphasizes Importance of Varied Guardians for Crypto Wallet Safety
Ethereum co-founder Vitalik Buterin has highlighted the importance of having a diverse group of "guardians" for maximizing the safety of self-custody crypto assets via multisig and social recovery wallets. Buterin advised decentralizing wallet guardians, so that if the wallet owner disappears, there are enough other guardians left to recover their funds. He also recommended using guardians who can respond quickly to suit fast-moving needs and testing each guardian at least once a year to confirm they haven't lost their accounts.
Binance Faces GitHub Data Leak
Binance has reported a significant data breach, revealing internal code, passwords, and security protocols on GitHub. Despite initial security concerns, the company is taking legal action against the responsible individual.
Multichain CEO's Arrest Triggers Operational Freeze
In a series of unfortunate events, the Multichain protocol, a cross-chain router protocol, has been left in a state of uncertainty following the arrest of its CEO, Zhaojun, on May 21, 2023. The arrest led to a series of operational disruptions, including the revocation of operational access keys to the Multichain's MPC node servers, which were under Zhaojun's personal control.
Why Multicoin Capital Invested $5.7M in Squads Labs
Multicoin Capital discloses a $5.7 million investment in Squads Labs, bolstering the multisig standard on Solana. The funding accelerates Squads' blockchain-native custody infrastructure, spotlighting major upgrades like SquadsX and Squads (v4), which are set to redefine self-custody and on-chain capital coordination.
Samsung Galaxy S24 Unveils Live Translate for Seamless Multilingual Calls
Samsung introduces Live Translate on the Galaxy S24 series, enabling real-time translation during calls across various languages. This innovative feature, compatible with both Galaxy and non-Galaxy phones, is designed to break down language barriers, making communication more accessible and inclusive.
The Rise of Massively Multiplayer Online Games Being Built on Blockchain
Massively Multiplayer Online (MMO) games have existed for a long time, but these games currently suffer from the same inherent flaws as many other online assets: centralization. Blockchain technology is slowly emerging as a disruptive force in the market, resolving troublesome issues like in-game cheating, and restoring freedom for players around the globe.
Multicoin Capital Injects $430m Venture Fund III for Blockchain Startups
Cryptocurrency investment firm Multicoin Capital has announced the launch of $430 million Venture Fund III to help startups focused on decentralized autonomous organizations (DAOs), open finance, Web3 infrastructure, and more.
Sui Foundation Allocates Over $1M to 17 Emerging Projects
The Sui Foundation has earmarked over $1.05 million for 17 new projects aimed at bolstering the development and adoption of Sui. This initiative encompasses a wide range of sectors within the Sui ecosystem, including DeFi, gaming, and on-chain solutions, showcasing the foundation's dedication to fostering innovation and expanding the decentralized platform.
AshSwap the first stable-swap DEX Launches on MultiversX Mainnet
AshSwap, the first stable-swap DEX on the MultiversX blockchain (previously Elrond Network), is officially launching on the MultiversX mainnet on February 17. The DEX will seamlessly bridge critical DeFi functions and provide tighter spreads with a fraction of the liquidity on MultiversX.
OpenAI Enables Web Browsing for ChatGPT
OpenAI has enabled web browsing for its ChatGPT model, initially available for Plus and Enterprise users. This feature aims to address the limitations of ChatGPT in providing up-to-date information. OpenAI has yet to clarify if this update will be extended to non-premium users or the GPT 3.5 model
Binance Enhances Futures Trading with Multi-Assets Mode Launch
Starting February 9, 2024, Binance introduces an automatic Multi-Assets Mode for new futures accounts, enhancing trading flexibility and efficiency across margin assets.
DWF Labs Co-founder Andrei Grachev Announces Financial Partnership with DMCC
Andrei Grachev, co-founder of DWF Labs, announced a financial partnership with DMCC, supporting firms transitioning to Dubai DMCC. This announcement, juxtaposed with Grachev’s recent Twitter feud with GSR.io's Cristian Gil, highlights the competitive and cooperative facets of the crypto market landscape, and the challenges and opportunities DWF Labs encounters in its journey.
Multicoin Capital's Vision for 2024: Embracing AI, Crypto, and Web3 Innovations
Multicoin Capital's 2024 outlook highlights the transformative role of AI, stablecoins, and innovative token distribution in the crypto and blockchain landscape. The firm foresees significant advancements in remittances, social applications, and various sectors integrating crypto as a foundational element.
OKX Founder Star Xu Advocates for Compliance Controls while questioning UniSat Wallet
OKX founder Star Xu emphasizes compliance controls in crypto, citing 'Multichain' as a risk example. He also questions the nature of UniSat Wallet's new brc20-swap.
UN convenes AI High-level Advisory Body for Global Governance
The UN Secretary-General is convening a High-level Advisory Body on AI to analyze and advance recommendations for global AI governance. Comprising up to 38 international experts from government, private sector, and civil society, the body aims to harness AI for humanity while addressing its risks. The initiative, which underscores the importance of a globally inclusive approach, seeks to align AI governance with human rights and Sustainable Development Goals.
Bitpanda-backed Pantos Launches Public Beta of Its Multichain Token System
Pantos, a multichain token system conceived by the team behind Bitpanda, announces the public beta launch of its multichain protocol today. Developers and users will be able to use the public beta to send tokens, wrap native coins of supported chains, and soon also create and deploy multichain tokens easily with a few clicks.
Top UFC Fighters to Receive Bonuses in Bitcoin During PPV Events
The Ultimate Fighting Championship (UFC), the world’s leading mixed martial arts competition, has teamed up with crypto exchange Crypto.com to offer best-performing fighters bonuses in Bitcoin (BTC).
Coinbase Suspends Trading for $MULTI, $VGX, $OOKI, DDX, JUP, BOND
Coinbase has suspended trading for six cryptocurrencies, BarnBridge, DerivaDAO, Jupiter, Multichain, Ooki, and Voyager, due to recent reviews. Users can still withdraw funds, but the delisting is expected to trigger a downtrend, highlighting regulatory compliance challenges.
India's Central Bank Slammed with a Two Week Crypto Ban Ultimatum
India's central bank has been slammed by the nation's supreme court about the stance it took in banning cryptocurrency business. It was given two weeks to give a concrete response to justify its actions.
BITWORK alliance with BINARYSTAR, ultimately creating a greater knowledge hub and Blockchain Community between Hong Kong & Japan
BITWORK, the Blockchain community pioneer headquartered in Hong Kong is proud to announce their new strategic partnership with BINARYSTAR, is a renowned company operating Blockchain businesses and community in Japan.
Two Major Events Will Influence the Bitcoin Price in the Next 24 Hours
Bitcoin and cryptocurrency traders face a moment of pause as they await two major events that will either send the BTC price soaring or cause a major bearish correction.
Dutch Central Bank Grants First-Ever Crypto Service Registration
The Amsterdam Digital Asset Exchange (AMDAX) has secured the De Nederlandsche Bank (DNB) in line with EU Anti Money Laundering guidelines.
Trump Threatens Military Deployment at BLM and George Floyd Protests, Bitcoin Price Soars Past $10,000 Mark
As President Donald Trump advised state governments to leverage the National Guard in response to civil unrest and protest, Bitcoin’s price surged past the $10,000 mark.