Major Liquidations and Bitcoin Drop Below $55,000 Over 230,000 traders were liquidated, total liquidations across centralized exchanges reaching $665.8 million.
Cloudflare Launches Free Tool to Combat AI Bots Scraping Websites This tool has been developed in response to the increasing challenge of AI bots bypassing standard exclusion protocols, as the need for data to train generative AI models intensifies.
Circle Becomes First Global Stablecoin Issuer Compliant with EU's MiCA Regulations This regulatory compliance allows Circle to extend its services across the EU, offering greater stability and security in the rapidly evolving crypto market.
South Korea's SK Hynix plans to invest $75 billion by 2028 in artificial intelligence and chip development SK Group plans to enhance its competitiveness by concentrating on its AI value chain, which includes high bandwidth memory (HBM) chips, AI data centers, and AI services like personalized AI assistants.
Sony Is Set To Launch A Cryptocurrency Exchange In Japan Utilizing The Acquired Amber Platform Sony has filed a patent for a novel application of NFTs within games, termed "super-fungible tokens."
Andrew Ng Aims to Secure $120M for Upcoming AI Fund Ng founded the AI Fund with an initial investment of $175 million to support startups in the seed and Series A stages.
Hebbia Secures Nearly $100M Series B for AI-Powered Document Search Hebbia is well-positioned to expand its AI capabilities and broaden its market reach, continuing to innovate in the AI-driven document search space.