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BitMEX co-founder Ben Delo faces a class-action lawsuit over alleged market manipulation, with a U.S. judge ruling that he played a central role in designing a liquidation system that allowed the exchange to profit from the scheme. (Read More)Source link

OKX has announced to list BlockGames (BLOCK), a decentralized player network for mobile game publishing tools, on its spot trading market, with details for deposits, trading, and withdrawals. (Read More)Source link

A recent working paper by Anton Korinek and Donghyun Suh explores different scenarios for the transition to Artificial General Intelligence (AGI). The paper analyzes the impact of technological progress on output and wages, considering the possibility of full automation and its implications for the labor market. The authors discuss the race between automation and capital accumulation, the effects on wage dynamics, and the potential for broad-based gains in productivity. The research provides valuable insights into the economic consequences of AGI development. (Read More)Source link

The NEAR Foundation has launched the Infrastructure Committee, funding $4 million to strengthen Key Infrastructure, decentralize decision-making, and streamline efforts, with half the budget still available. (Read More)Source link

HashKey Group is set to expand its Web3 Ecosystem with the launch of HashKey Chain, a ZK-proof based Ethereum Layer-2 platform, leveraging its token HSK for ecosystem incentives. (Read More)Source link