Franklin Templeton Files for Spot Ethereum ETF with SEC
In terms of creation and redemption mechanisms, the filing states that authorized participants will deliver cash to create shares and receive cash when redeeming shares.
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Peter Thiel’s Founders Fund Invests $200 Million in Crypto
Founders Fund has a history of involvement in the crypto space, having been one of the earliest institutional investors in bitcoin back in 2014.
Changpeng Zhao the founder of Binance Sentencing Postponed to April
Zhao faces the possibility of a prison term of up to 18 months under federal guidelines.
Travel Startup Layla Acquires AI Itinerary Building Bot Roam Around
The integration of Roam Around's product into Layla's platform has already begun, allowing Layla users to access enhanced itinerary data.
Bugcrowd Raises $102M to Expand Crowdsourced Security Platform
Bugcrowd's success comes amid a rising demand for crowdsourced security solutions, driven by the accelerating pace of digital transformation across industries.
Google Commits €25 Million to Foster AI Skills in Europe
He highlighted concerns that AI advancements could exacerbate existing disparities, particularly in economic security and employment, underscoring the necessity of ensuring inclusivity.
Chinese Crypto Mining Firms Flock to Ethiopia's Cheap Electricity, Despite Political Risks
The appeal lies in Ethiopia's remarkably low-cost electricity, with 92% sourced from hydropower.