SEED secures Investment From Sui Foundation to Build a 100M-User Web3 Gaming Ecosystem On Sui

PANAMA, Panama, January 10th, 2025/Chainwire/–Despite the billions invested in Web3 gaming as a key catalyst for mass adoption, the industry faces significant challenges from complicated onboarding to unsustainable growth. While Telegram Miniapps have gained traction as a promising solution, their shallow gameplay and lack of on-chain integration are major barriers for them to sustain. This … Read more

Hugging Face settles suit with AI startup FriendliAI, which had accused it of patent infringement

Hugging Face, the AI developer platform, has settled a lawsuit against Korean AI startup FriendliAI, which had accused Hugging Face of infringing on one of its patents. Per a filing on Friday in the U.S. District Court for the Northern District of Delaware, FriendliAI reached a “confidential agreement” with Hugging Face on January 8, and … Read more

Cybercrime Damages Highlight Need for Scalable Decentralized Infrastructure

Recent figures reveal that cybercrime inflicted losses of $298 billion on German companies alone in 2024, with 90% of surveyed businesses expecting damages to rise further. The primary targets? Sensitive data like intellectual property, patents and user credentials. These alarming statistics underscore the urgent need for more secure and scalable data infrastructure to mitigate cyber … Read more

Binance Lists ChainGPT (CGPT): Unlocking a New Era For AI-Powered Blockchain Solutions

DUBAI, United Arab Emirates, January 10th, 2025/Chainwire/–ChainGPT(CGPT), a pioneer in blockchain AI solutions is delighted to be listed on Binance, the world’s leading cryptocurrency exchange. The inclusion of ChainGPT (CGPT) on Binance represents an important development for both the project and the exchange’s users. ChainGPT focuses on utilizing AI to address challenges in the blockchain … Read more

Shein is still looking to IPO

Shein is still looking to IPO, Reuters reports. The company is looking to list on the London Stock Exchange (LSE) and could complete its IPO as early as April.  The push for London comes after the company stopped trying to list in the U.S. as lawmakers raised concerns over the company’s connections to China and … Read more

Meta eliminates DEI programs

Axios reports that Meta is eliminating its biggest DEI efforts, effective immediately, including ones that focused on hiring a diverse workforce, training, and sourcing supplies from diverse-owned companies. Its DEI department will also be eliminated.   In a memo leaked to the outlet, Meta said it was making these changes because the “legal and policy landscape … Read more

Meta disbands diversity team and says DEI has become ‘charged’

Illustration by Nick Barclay / The Verge Meta is eliminating its diversity, equity, and inclusion programs because of the “legal and policy landscape surrounding diversity, equity and inclusion efforts” in the US, according to a memo to employees seen by Axios. Meta will also roll back representation goals and end its “diverse slate approach” to … Read more

Automattic cuts WordPress contribution hours, blames WP Engine

Image: Cath Virginia / The Verge Automattic, the company that runs WordPress.com, is scaling back its contributions to the WordPress open-source project, according to an announcement on Thursday. The company says it’s decreasing contributions to “match” the amount of time companies like WP Engine spend on the ecosystem, further escalating the tension between Automattic CEO … Read more

Bhutan’s Crypto Reserve Could Pave Way for Economic Growth in Other Countries

Bhutan, a small country in South Asia, is making big waves in the crypto world. The Kingdom, which populates roughly 770,000 people and lies between India, China and Nepal, just made headlines after one of its cities adopted a crypto reserve strategy. This includes bitcoin (BTC), ethereum (ETH), and Binance’s BNB token (BNB). El Salvador … Read more

How Elon Musk’s xAI is quietly taking over X

Illustration by Laura Normand / The Verge When Elon Musk launched his own AI startup, xAI, he touted a key advantage over his competitors: access to the vast trove of data from his newly acquired social media platform Twitter. By implementing new API fees on the network he quickly renamed X, Musk locked out other … Read more

Polkadot‘s Largest LST – vDOT, Reached $2.2M Supply Cap On Hydration MM Within 15 Hours

SINGAPORE, Singapore, January 10th, 2025/Chainwire/–Bifrost has announced that vDOT, Polkadot‘s largest liquid staking token (LST), has been listed as a collateral asset on Hydration Money Market. Within 15 hours of opening deposits and borrows, vDOT reached the supply cap of 220K and surpassed $2.2 million in Total Value Locked (TVL) pushed by DOT leveraging demand. … Read more

EU approves $35B Synopsys and Ansys merger, subject to divestment conditions

The European Commission (EC) has given the greenlight for Synopsys to acquire Ansys, though the companies must sell-off various software products as part of the proposed remedies. Chip design software maker Synopsys revealed last January its plans to acquire Ansys, a simulation software developer that helps engineers model and analyze the physical behavior of products, such as chips, … Read more

Overhaul raises another $55M to help companies like Dyson and Microsoft fight supply chain theft

Businesses dependent on the physical supply chain — the network of facilities and transportation systems used to move materials from one location to another — face a number of challenges, from staff shortages to increasing customer expectations. The pressures aren’t easing up. According to a survey from Prologis, a real estate investment trust, two-thirds of … Read more