DWF Labs made headlines with flurry of investments in crypto projects such as CryptoGPT or Synthetix. A closer examination reveals that many of their deals aren’t typical venture capital investments. However, the firm says it’s all a misunderstanding.Source
In order to prevent the potentially destructive impact of AI on humanity, we need open-source innovation and collective governance that is possible through blockchain protocols and Web3, rather than the monopoly defaulting structure of Web2, according to Michael Casey, CoinDesk’s chief content officer.Source
AI boosterism and associated “long-termist” ideas could be a threat to your privacy, your property and your humanity.Source
A report noted an increase in spot DEXs offering derivatives trading on their platforms.Source
Reddit has released another wildly popular NFT collection while Razer has launched a Web3 gaming accelerator.Source
Celsius Network contacted 130 interested parties and signed non-disclosure agreements with 40, before choosing NovaWulf.Source
The 6,000% increase in taxes per kilowatt hour of energy will likely kill any potential bitcoin mining investments in the country.Source
The department will explore economic growth, investment and business opportunities in these areas along with implications on regulation.Source
On top of building the chain’s loyalty infrastructure, the Solana Foundation recently invested $100,000 into Boba Guys.Source
The U.S. Securities and Exchange Commission is considering reopening a rule proposal on how it oversees crypto platforms to more explicitly include decentralized finance (DeFi). Commissioners will vote on the language during an open meeting on Friday.Source