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FTC Investigates Big Tech's AI Investments

FTC Investigates Big Tech's AI Investments

The US FTC is conducting a thorough investigation into the partnerships and investments between tech giants like Alphabet, Amazon, Microsoft, and AI startups like OpenAI and Anthropic, focusing on their impact on market competition and innovation.

Polkadot (DOT) Launches Alpha Program to Foster Collaborative Building

Polkadot (DOT) Launches Alpha Program to Foster Collaborative Building

Polkadot launches the Alpha Program, a groundbreaking initiative to foster collaborative building and lower entry barriers for blockchain projects. The program provides resources, community support, and the opportunity to shape Polkadot's future.

Transform Ventures Co-Invests in Alpha Transform Holdings to Accelerate Blockchain Investment

Transform Ventures Co-Invests in Alpha Transform Holdings to Accelerate Blockchain Investment

Transform Ventures has co-invested in Alpha Transform Holdings, a new holding company aiming to support the blockchain ecosystem through investments via two new funds. The merger of select assets from Transform Ventures and Alpha Sigma Capital’s parent company will amount to $100 million in assets under management, with a focus on delivering suites of products under asset management, Alpha Transform products, and Alpha Transform strategies.

Darknet AlphaBay Moderator Paid in Bitcoin Sentenced to 11 Years in Prison

Darknet AlphaBay Moderator Paid in Bitcoin Sentenced to 11 Years in Prison

A darknet moderator for marketplace AlphaBay has been apprehended by law officials and sentenced to 11 years in prison.

Google's Parent Company May Utilize Blockchain to Revamp its Existing Products

Google's Parent Company May Utilize Blockchain to Revamp its Existing Products

Alphabet Inc, the parent company of search engine giant Google, is not ready to play the second fiddle when it comes to blockchain technology, marked by the company’s in-depth research into the emerging tech.

Google Merges Teams to Form Google Deepmind for AI Breakthroughs

Google Merges Teams to Form Google Deepmind for AI Breakthroughs

Google merges its Brain team with DeepMind to create Google DeepMind, a new business unit dedicated to developing AI in a safe and responsible manner. The team aims to accelerate progress in AI breakthroughs and products, with Chief Scientist Jeff Dean leading the development of powerful, multimodal AI models.

Alpha Season 3 Unveiled: My Neighbor Alice Enhances the Gaming Experience

Alpha Season 3 Unveiled: My Neighbor Alice Enhances the Gaming Experience

My Neighbor Alice, a prominent blockchain gaming and NFT company, has integrated Venly to improve user experience and gameplay. The game's Alpha Season 3 introduced customizable NFTs, but performance declined due to over 100,000 NFTs. Venly simplifies digital wallet setup and introduces OnRamper for token purchase, aiming to become a dominant player in the blockchain gaming space.

Binance to Delist Ten Margin Pairs, Including ANT, RVN, FIRO, BAL, on September 14, 2023

Binance to Delist Ten Margin Pairs, Including ANT, RVN, FIRO, BAL, on September 14, 2023

Binance Margin will delist ten isolated margin pairs starting September 14, 2023, including ALPHA/BUSD, ANT/BUSD, BAL/BUSD, COS/BTC, DGB/BUSD, FIRO/BUSD, OOKI/BUSD, QI/BTC, RVN/BUSD, and TWT/BUSD.

Alphapo Hot Wallets Stolen Cryptos Amount to $60M Now

Alphapo Hot Wallets Stolen Cryptos Amount to $60M Now

Alphapo's hot wallets were breached, with initial losses reported at $23M. However, recent findings suggest the total stolen cryptocurrencies now amount to $60M. Investigations are ongoing.

40 Public Firms Invest around $6B in Blockchain Industry: Blockdata

40 Public Firms Invest around $6B in Blockchain Industry: Blockdata

Google's parent company Alphabet has become the top investor in the blockchain industry, according to a research report released by the blockchain market intelligence agency Blockdata.

Midjourney V6 Alpha Unveils Major Enhancements: A Leap in AI-Driven Image Generation

Midjourney V6 Alpha Unveils Major Enhancements: A Leap in AI-Driven Image Generation

Midjourney's V6 alpha update, a significant advancement in AI-driven image generation, offers enhanced prompt interpretation, smarter generation, remixing, improved upscaling, and additional image manipulation options. Despite mixed user reactions, the update's detailed, realistic outputs have garnered praise.

Ex-CEO of Investment Firm Pleads Guilty to Cryptocurrency Fraud Scheme

Ex-CEO of Investment Firm Pleads Guilty to Cryptocurrency Fraud Scheme

Peter Kambolin, the ex-CEO of Systematic Alpha Management, pleaded guilty to a conspiracy to commit commodities fraud involving cryptocurrency futures contracts, as revealed by the DOJ on October 12, 2023. The case, marking a milestone as the first of its kind, unveils a "cherry-picking" scheme where Kambolin misallocated profitable trades to his accounts, misrepresenting trading focuses to investors. With legal proceedings underway, Kambolin faces up to five years in prison, showcasing the authorities' resolve against financial fraud in the crypto sector.

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