ChainCatcher news, according to the official website, a16z crypto published an article discussing the importance of the intersection between artificial intelligence (AI) and cryptocurrency (Crypto). The article elaborates on this cross-disciplinary field from five aspects:Blockchain innovation will put the AI-driven internet back in the hands of users.AI is centralized, while cryptocurrency is decentralized.As more people use AI, we need unique personal identification.AI needs to have its own wallet to act more autonomously.Trusted execution environments and other infrastructure help ensure truly autonomous decentralized applications.

ChainCatcher news, according to dallasnews, Ethereum co-founder Joseph Lubin criticized the U.S. Securities and Exchange Commission (SEC) for reclassifying ETH from a commodity to a security without legal authority, but he praised Texas for its leadership in supporting blockchain innovation and called for support for Texas in its fight against the federal regulators' overreach.

ChainCatcher news, according to News1, Busan City in South Korea is promoting the development of a blockchain mainnet as a medium- to long-term project through the "Busan Digital Asset Exchange Establishment Promotion Plan and Future Schedule." The plan aims to establish a blockchain mainnet at the city level, compatible with blockchain mainnets such as Ethereum and Cosmos, thereby enabling blockchain-based services using different mainnets on a single platform.In addition, Busan City has proposed to build "Blockchain City" centered around the Busan Digital Asset Exchange and plans to establish a 100 billion won (approximately 75 million USD) blockchain innovation fund.The Busan Digital Asset Exchange is scheduled to be established in November and will announce specific business plans during the "BWB 2023" event in November. The exchange is set to officially start operations in the first half of 2024, initially not handling virtual assets or tokenized securities, but instead supporting commodity tokenization trading, tokenizing items such as gold, silver, copper, and crude oil traded at Busan Port.

ChainCatcher news, according to Zawya, Varys Capital is seeking to raise $75 million for its blockchain innovation-focused equity venture capital fund, which will focus on startups in areas such as DeFi, CeFi, GameFi, Web3 infrastructure, and other emerging technologies.According to crypto data platform RootData, the fund has already invested in several projects in areas such as blockchain, cloud technology, and gaming, including modular blockchain network developer Movement Labs, decentralized derivatives exchange FWX Finance, and Bitcoin sidechain Mintlayer.

ChainCatcher news, Mastercard has launched the Mastercard Start Path digital assets program to expand innovative solutions and accelerate blockchain innovation. Currently, six startups have joined the program: Axelar, Cheeze, Coala Pay, Qonbay, RociFi Labs, and Suberra. Through the Start Path digital assets program, startups can receive customized training, access Mastercard's channels and customers, and engage with subject matter experts, as well as have opportunities for technical collaboration. (Source link)

ChainCatcher news, according to Bitcoin.com, JPMorgan has announced the establishment of an innovation lab in Greece, which will use blockchain tools to develop solutions, focusing on developing applications and digital identity solutions on top of JPMorgan's blockchain platform Onyx launched in 2020. (source link)

ChainCatcher news, Binance released its 2022 year-end review report, summarizing key facts, statistics, and developments of Binance's vast ecosystem.By the end of 2022, licenses, registrations, and approvals were obtained in 14 jurisdictions. The number of personnel in the security and compliance team increased by 500%, attracting some of the best talents in the industry.Following a series of shocking bankruptcies in the cryptocurrency space, the harsh macroeconomic environment did little to improve public sentiment, and efforts were made to build and restore trust in Binance and the entire ecosystem.Continued support for peers seeking to make a positive, lasting impact on the space and create value for end users. Through the Binance incubator, over $500 million was invested to support Web3 and blockchain innovation, the fifth season of the incubation program was launched, 14 strategic merger and acquisition deals were approved or completed, and 61 token venture capital deals were made. (Source link)