Second-largest Thai bank creates $100-million AI fund
The fund, named KXVC, will target AI, Web3, and Deep Tech startups with a focus on the Asia-Pacific region. Go to Source
Month: September 2023
Stoner Cats NFTs ‘fan crowdfunding’ not securities: SEC’s Peirce, Uyeda
SEC commissioners Hester Peirce and Mark Uyeda described the NFT sales as a “common phenomenon” in the world of creators. Go to Source
Grab, Uber’s Southeast Asian rival, debuts Web3 services with Circle
Grab, Southeast Asia’s Uber-like super app, is working with the USDC issuer Circle to enable Web3 services for its 187 million users. Go to Source
Brazil: Senate Commission will analyze the AI bill in 120 days
The bill, aimed at regulating the artificial intelligence in the country, was introduced to the Senate in December 2022. Go to Source
Coinbase CEO champions DeFi, calls for court action to set legal precedent
Coinbase CEO Brian Armstrong cautioned the United States Commodities and Futures Trading Commission (CFTC) to avoid taking enforcement actions against (DeFi) protocols. Go to Source
Californian lawmaker proposes legislation to protect actors from AI clones
Californian Assembly Member Ash Kalra labeled the bill as a “common sense requirement” to help protect the work of actors, artists and entertainers. Go to Source
Sui Network launches Google, Twitch and Facebook logins for DApps
Sui joins the growing ranks of Web3 firms looking to onboard users who are all too often “irretrievably lost” at the doorstep of Web3. Go to Source
Elon Musk, Mark Zuckerberg and Sam Altman talk AI regs in Washington
The majority of the tech leaders in attendance agreed that AI needs to be regulated with Elon Musk calling the meeting a game changer for civilization. Go to Source
Singapore’s central bank slugs Three Arrows founders with 9-year ban
Three Arrows Capital founders Kyle Davies and Zhu Su are barred from regulated activities or acting as top execs at any financial firm in Singapore. Go to Source
Meta ‘ruined’ the term metaverse, but now it’s evolving: Yuga Labs CEO
While Meta’s Horizon Worlds is suffering from a low user base, metaverse platforms have focused on building, says Yuga Labs CEO Daniel Alegre. Go to Source
