India’s PM advocates global ethical framework for cryptocurrency, artificial intelligence
Amid growing concerns around algorithm biases and their societal impact, India Prime Minister Modi calls for international consensus on ethical AI and crypto governance at the B20 summit.
Meet the DAO chief who wants artificial intelligence to take his job
Decentralized autonomous organizations are ripe for robot takeovers, says SingularityDAO’s Marcello Mari. After all, why do decentralized entities need leaders?
Why artificial intelligence is ‘dumb’ and needs more ethical and legal standards
AI’s ‘black box’ is inherently dangerous, and the technology is still a long way from being a solve-all solution, says Oxford researcher David Toman.
How artificial intelligence wants to outsmart the coronavirus
Could robot nurses, drones, facial recognition and other AI artillery help us win the war against Covid-19?
Will artificial intelligence replace humans in investing?
AI and big data can crunch more information than ever before. Can technology crush humans in finance the way it already has in the games of chess and Go?
Moody’s unveils AI that predicts stablecoin depegging
The artificial intelligence service is designed to predict the depegging of stablecoins in 24-hours.
AI, Asia and analytics — an interview with Nansen’s Alex Svanevik
Blockchain analytics are key to understanding the nascent crypto industry. But the analysis sector is far from immune from the pressures of the ongoing crypto bear market. In the first of a series of 1-on-1 interviews from the Token2049 conference held in Singapore Sept. 13-14, Alex Svanevik, CEO of blockchain analytics firm Nansen, sat down with Forkast to discuss current crypto challenges, the Asia growth market and the increasing use of artificial intelligence in the industry.
Proving our humanity in an AI world is not an option — it’s a necessity: Opinion
As artificial intelligence becomes more human-like, it’s critical to distinguish real people from code and prevent Web3 from turning into a bot zoo, writes Khori Whittaker, executive director of Ethereum Name Service.
Japan looks to regain its place in the cryptocurrency world pecking order
The three-day NexTech Week trade show kicked off Wednesday in Tokyo, celebrating all things technology, including blockchain and Artificial Intelligence.
AI has taken over crypto’s share of VC funding, says Mysten Labs founder
Crypto’s share of venture capital money is now going to artificial intelligence, says Mysten Labs founder, Evan Cheng.
Meta says new focus on generative AI could boost metaverse development: Nikkei
Meta is investing heavily in artificial intelligence and this will benefit its metaverse businesses, Meta’s Andrew Bosworth told Nikkei Asia.
JPMorgan report shows institutional trader interest shifting to AI from blockchain after crypto slump
Nearly three out of four institutional traders surveyed “have no plans to trade crypto,” while most see Artificial Intelligence as the next big disrupter.
Crypto exchange PayBito begins to integrate ChatGPT into its platform
Cryptocurrency exchange PayBito announced its plans to integrate ChatGPT, an artificial intelligence (AI) chatbot developed by research firm OpenAI, on Friday.
The world is still far from mass crypto adoption, says Vujinovic of OGroup
Maja Vujinovic, founder and CEO of OGroup, a financial services company with a focus on artificial intelligence and blockchain, spoke to Forkast about the future of digital assets at StartmeupHK Festival 2022.
Covid-19 intensifies AI rivalry between China and US—at what cost to civil liberties?
While China is pushing more artificial intelligence surveillance technologies into law enforcement and everyday life, the US is having a rethink.
A.I. has fallen short of its promise. But quantum computing can change how machines ‘think’
Alternative AI founder Eberhard Schoeneburg speaks with Forkast.News at Hong Kong FinTech Week 2019 about how artificial intelligence should adapt to quantum technology.
AI giants are exploiting your data. A new system can help you take back control
Building artificial intelligence is a game of “surveillance machine learning” that exploits common users’ data. But blockchain technology systems promise to help compensate users for it.
Tether expands into new sectors amid regulatory watch
Tether diversifies into data, finance, power, and education sectors, aiming for innovation and empowerment.
MetalCore game secures US$5 mln for development
Studio 369’s blockchain-based game MetalCore receives fresh funding to enhance AI-driven features and ecosystem.
ChainGPT launches US$1 mln grant for Web3-AI startups
ChainGPT’s new grant program aims to foster AI and blockchain innovation, offering up to US$1 million for startups.
FTX cautions against unauthorized asset sales
FTX warns public about unauthorized parties soliciting bids for its digital assets, reaffirming Galaxy Asset Management’s exclusive role.
BNB Chain highlights DeFi, gaming and AI in 2024 roadmap
The “One BNB Paradigm” aims to streamline BNB Chain’s ecosystem, focusing on DeFi, gaming, and AI.
MakerDAO’s Christensen wants to make DAOs fun again. He’s not alone.
Projects are rethinking how to make DAOs more fun and less disappointing.
How ancient battles are shaping our global financial future
Our 21st century economy still rides on old, slow and costly financial rails. Here’s how blockchain technology can build a network of monetary superhighways.
Why a16z chose London for its first non-US office
Silicon Valley venture giant Andreessen Horowitz plants flag in London: fuels UK’s ascent as a Web3 innovator.
Is Hong Kong really in the forefront of the global digital money race?
Hong Kong is charging ahead in its digital currency initiatives, but more must be done to address the e-HKD’s environmental impact and security concerns.
Tether offers US$610 mln debt financing facility to German Bitcoin miner Northern Data
Tether extends US$610 million loan to boost Northern Data’s AI and Bitcoin mining operations.
Binance’s rollercoaster week: expansion, setbacks, and the ghost of FTX’s collapse
Top blockchain and crypto news: Is Japan a new frontier for Binance? AI art sweeps NFT sales. ETF buzz electrifies Bitcoin.
Digital frontiers: Alex Tapscott on Web3, AI, and banking’s new dance
From tech monopolies to the synergy of AI and blockchain, Alex Tapscott, author of “Web3: Charting the Internet’s Next Economic and Cultural Frontier,” dissects the trajectories of the digital landscape.
Israel-Palestine crisis: Navigating the intersection of conflict, aid and blockchain
Top blockchain and crypto news: Gaza tensions, digital tremors, NFTs are not dancing in September, Joe Lubin talks traditional system’s twilight.
Blockchain’s 2 billionth user could be an AI, says Joe Lubin
The CEO of blockchain services provider Consensys and co-founder of Ethereum spoke to Forkast at the Token 2049 crypto conference in Singapore. He discussed decentralization and what he sees as the crucial role to be played by blockchain in AI and vice-versa.
DOJ seeks to block Bankman-Fried from bringing up Anthropic fundraise in court
Sam Bankman-Fried, the co-founder and former chief executive officer of cryptocurrency exchange FTX, should be blocked from bringing up artificial intelligence firm Anthropic’s latest fundraising efforts in his defense against the U.S. Department of Justice (DOJ), prosecutors said in a court filing on Sunday. See related article: Little-known FTX co-founder Gary Wang testifies in Sam […]
Silver Lining? Google Cloud’s head of Web3 talks Big Tech possibilities for the blockchain
At the Token 2049 crypto conference in Singapore held Sept. 13 to 14, Google Cloud’s James Tromans spoke to Forkast about a possible marriage between Webs 2 and 3.
Why regulated decentralized exchanges are the wave of crypto trading’s future
Bringing together the best parts of centralized and decentralized exchanges, RDEXs also take into account the inevitability of regulations.
Bitcoin, Ether fall with Toncoin leading losses in top 10 cryptos
Bitcoin fell below US$26,500 while Ether dipped below US$1,600 in the past 24 hours.
Adding AI to Web3 will spark a Cambrian explosion of innovation — but not anytime soon
Blockchain and AI’s synergistic combination will create technology beyond today’s wildest imagination. But true AI-Web3 integration remains a difficult affair.
Friend.tech a surprise hit among crypto investors at Token2049 as they urge ecosystem expansion
Funders see the novel social media network as emblematic of an abundance of opportunity in crypto and DeFi amid infrastructure gaps and increased integration with real-world assets
How the metaverse can expand the mindscape for human connections
Socializing in a virtual world has been around for 20 years but remains a niche pursuit. Will AI and the new generation of digital natives make it mainstream?
Bitcoin, Ether down; Binance loses another top executive
Bitcoin edged lower on Tuesday morning in Asia to trade below US$26,000. Ether dipped to near the US$1,600 mark.
How Worldcoin is undermining crypto’s original ethos
The new crypto from OpenAI’s founder requires users to supply biometric data. What if those in control can identify you — and follow your every financial move?
Welcome to 2030: I own everything, and life’s actually pretty good
Here’s a look at a future where Web3 technology will allow us to have ownership stakes in all things and avoid a subscription-based consumerist hellscape.
Asia’s richest man bets on blockchain, CBDC
Mukesh Ambani, Asia’s richest man from India, said on Monday that his Reliance Industries Ltd. is exploring blockchain-based platforms and central bank digital currencies (CBDC).
Bitcoin recovers after falling below $26,000 as the ETF excitement bubble bursts
Bitcoin stabilized Tuesday morning in Asia after dropping below the key US$26,000 support level over night. Ether also dipped but held the US$1,600 mark.
Bitcoin, Ether dip amid low volatility; Solana gains
Bitcoin traded flat on Tuesday afternoon in Asia. Ether dipped, while most other top 10 non-stablecoin tokens traded flat to lower. Solana rose.
Bitcoin trading sideways; NFT transactions soar; Nvidia leads Wall Street rally
Bitcoin edged higher on Tuesday morning in Asia. Ether also edged up, while other top 10 non-stablecoin tokens traded flat to higher. Solana led the winners.
Slowing US inflation data inspires hope for a crypto price rally
Bitcoin and Ether dipped on Friday morning in Asia, while U.S. CPI data points to a potential rally in the crypto market.
Bitcoin, Ether dip but more bullish times ahead?
Bitcoin dropped on Thursday morning in Asia after briefly breaching the US$30,000 level. Ether also dipped, while other top 10 non-stablecoin tokens traded mixed.
How AI, with blockchain, can transform everyday life: Opinion
Combining blockchain with AI, two of the greatest innovations of this era, will unlock myriad benefits for consumers and businesses alike, writes Eugen Kuzin.
How the art world is embracing technology in the digital age: Opinion
From forays into the metaverse to blockchain-based sales and financing, the fine art world is now at the forefront of profound technological change.
Web3 has a big security problem, and the industry is not doing enough to protect users: Opinion
If Web3 wants to be an alternative to traditional finance, the industry must make itself less vulnerable to hacks and security breaches, writes Richard Meissner.
Is Worldcoin’s free crypto more than just a freebie?
Concerns arise over Worldcoin’s free crypto. NFT market does a crabwalk. Japan’s next big thing for the metaverse.
How Web3 can accelerate climate finance and help save our warming planet: Opinion
$1 trillion in capital is needed to fight climate change, but investment money is sitting on the sidelines, going unused. How can we close this funding gap?
Shanghai sets guidelines to revamp industry, supply chains with blockchain, digital yuan
Shanghai on Tuesday published a set of guidelines to promote use of blockchain, the digital yuan, and the metaverse in the city’s legacy industries.
Beijing to train 10,000 engineers in digital technologies, including blockchain, each year
Beijing municipal government plans to train 10,000 engineering talents each year in emerging technologies including blockchain, AI and big data.
Bitcoin, Ether fall; all other top 10 cryptos mixed
Bitcoin prices fell below US$30,500 in the past 24 hours while its trading volume has gained over 20%. Ether also fell. Cardano and BNB were the day’s biggest losers.
Bitcoin, Ether fall, Polygon leads losers; U.S. equities gain as inflation slows
Bitcoin dropped on Thursday morning in Asia to below US$30,500. Ether and most other top 10 non-stablecoin tokens also logged losses.
Hong Kong launches task force to promote blockchain initiatives, developments
Hong Kong’s local government on Friday set up the Task Force on Promoting Web3 Development to promote the benefits of blockchain to real-world industries.
China Mobile launches metaverse industry alliance
China Mobile, a leading telecommunication company of China, launched a metaverse alliance on Wednesday, whose members include Huawei, Xiaomi and Unity China.
Crypto in the land of geisha — the global Web3 community arrives in Kyoto
Geisha, kimono, tea ceremony — the Japanese city of Kyoto is a place rich in traditional culture. But as the national government pivots toward the cutting edge potential of digital assets and Web3, the city is this week playing host to one of Asia’s largest crypto get-togethers.
Shanghai targets US$6.9 billion metaverse revenue from culture, tourism projects
Shanghai on Wednesday released a three-year plan to build its culture and tourism metaverse.
Hong Kong is the crypto industry’s beacon amid the current storm: Opinion
The relationship between Hong Kong and crypto will likely only grow stronger over time, as it’s based on mutual respect as well as need, writes Lily King.
Hong Kong’s Cyberport signed up 150 Web3 firms in past year, says city’s financial secretary
Paul Chan, Hong Kong’s financial secretary, said more than 150 Web3 companies had registered at the Cyberport business park.
Back to the physical: China metaverse seeks to boost real-world economy
The final story in a three-part series on Asia metaverse developments looks at China’s national strategy, which has seen dozens of cities and provinces release spending plans and training schemes to adopt this digital world in real-world industries. China’s initiatives, however, face challenges from regulation and global competition.
Chicken first, egg later — Japan’s need for a macroscopic view of the metaverse
After a slow start, Japan’s development of a domestic metaverse is gaining pace. This second account in a three-part series asks: can the nation compete with rivals China and South Korea in building a 3D virtual world that – according to the promises – would open up new realms of economic prosperity and even potentially ease nagging social problems?
Nanjing city district announces bold metaverse goals as China competition heats up
Jiangning, a district in China’s Nanjing city, released a metaverse plan on Saturday that includes training thousands of professionals for the industry.
China: Zhengzhou City proposes metaverse plan
China’s Zhengzhou city issued a set of policy proposals Wednesday to support metaverse companies, including a 10 billion yuan (US$1.42 billion) metaverse fund.
Nvidia chip boom a boost for AI-related cryptos
The stock price boost for tech giant Nvidia on the back of an AI chip boom has sent AI-related cryptocurrencies on a surge.
AI-themed cryptos rise; NFT lenders duke it out; US debt talks continue
Surge of interest in AI chipmaker Nvidia extends to crypto, Binance and Blur vie for top NFT lender spot, while uncertainty abounds over U.S. debt talks.
In battle to be Asia’s crypto hub, which city will emerge victorious?
Top blockchain and crypto news: Asia’s crypto hub race. Is US debt ceiling fight a boon or a bane for crypto? China’s red carpet for metaverse investment.
How many of today’s AI darlings will end up in the dot-com and crypto sewage?
For every PayPal or Google, countless other startups from the bubble days of yore took investor money down the toilet, writes Naveen Agnihotri. What makes this AI boom any different?
XRP lone gainer among top 10 cryptocurrencies
Bitcoin and Ether fell during afternoon trading in Asia, along all other top 10 non-stablecoin cryptocurrencies by market capitalization, excluding XRP.
Japan government’s crypto czar touts nation’s Web3 capabilities
Japan was an early believer in blockchain and cryptocurrencies until exchange hacks brought a crackdown. But that was then. Now the government has become a crypto cheerleader.