Coindesk

Web3 industry leaders have launched a non-profit organization called the Decentralized AI Society (DAIS), dedicated to tackling the probability of the monopolisation of the Artificial Intelligence (AI) industry, the chair of DAIS, Michael Casey told CoinDesk in an interview on the sidelines of Token 2049 on Tuesday.Source link

The Wall Street ratings agency's first-ever report about the sector underscores the increased attention towards DePIN apps.Source link

The U.S. Securities and Exchange Commission (SEC) has filed suit against three individuals and five companies for allegedly operating pig butchering scams – a type of confidence-enabled investment scam in which fraudsters befriend victims over text-based social media apps, gain their trust and convince them to invest large amounts of money in fictitious crypto platforms before stealing their funds and disappearing.Source link

International accounting firm Prager Metis has agreed to pay $745,000 to settle misconduct allegations from the U.S. Securities and Exchange Commission (SEC) tied to its bungled audit of FTX before its collapse in November 2022.Source link

Ether’s price might be falling, but its liquid supply is shrinking. If demand picks up next quarter, we could see a supply crunch that pushes prices higher, says Lucas Schweiger, Digital Asset Research Manager at Sygnum Bank.Source link