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Hack VC, a U.S.-based venture capital firm, has successfully amassed $150 million for investments in digital asset-related projects. The company is setting its sights on early-stage startups, with a portion of its team already operating from its New York base. 
Justin Schmidt, the Chief Operating Officer at Ondo Finance, which specializes in tokenized securities, is confident that yield-bearing stablecoins will outpace their traditional counterparts in the future. He notes that current issuers of such tokens are channeling investments into U.S. Treasury bonds and deposits, thereby securing their own profits, while regular users remain deprived from yield-generation. 
Singapore Prime Minister Lee Hsien Loong has issued a warning about the spread of deepfake videos where he appears to endorse cryptocurrency investments promising guaranteed returns. He revealed that his deputy has also been targeted by a similar cyber attack. 
Braavos, 1inch, and mySwap: Ambassador Programs Reviewed
Ambassador programs are special initiatives carried out by cryptocurrency projects for their engaged users. Such programs enable earning in crypto projects without financial investments. We've prepared a selection of the latest ambassador programs for you. 
American company Recogni, renowned for developing technologies for autonomous vehicles, has raised $102 million in funding to venture into the creation of chips for generative AI. The investment round featured contributions from entities such as Celesta Capital, HSBC Holdings, and business figures from Saudi Arabia — Tasaru Mobility Investments. 
OpenAI CEO Sam Altman has called for up to $7 trillion in investments to establish infrastructure for manufacturing artificial intelligence chips, addressing the severe global shortage. He has shared this proposal with both the government and business leaders in the United Arab Emirates (UAE). Iconic ‘Oops’ Moments in Crypto History
Cryptocurrency is serious business, with its complex algorithms and high-stake investments, where a single code line can dictate the financial fate of thousands. But it also has its share of amusing stories: from coding mishaps to evil ploys, it seems like the industry has seen it all. Let’s look back at some of the most iconic stories. 
In an effort to mitigate risks associated with other stablecoins, such as centralized and algorithmic ones, Gyroscope has launched the Gyro Dollar (GYD), a decentralized stablecoin, on the Ethereum blockchain. The project has attracted investments from key industry players like Galaxy and Placeholder. 
Robby Yung, the CEO of Animoca Brands, has revealed that due to a shortage of capital, investors in the realm of Web3 games have become increasingly demanding when it comes to new projects. They now expect to witness substantial progress at the early stages of development. 