ChainCatcher news, according to Cointelgraph, tech giant Microsoft is closely monitoring the crypto industry, including the ways in which blockchain technology and artificial intelligence may one day support each other.Yorke Rhodes, Microsoft's Director of Digital Transformation, Blockchain, and Cloud Supply Chain, stated that with advancements in crypto and AI technologies, it is possible to create agents that combine the power of both, while currently only scratching the surface of cryptocurrency and AI.

ChainCatcher news, according to Bitcoin.com, Yves La Rose, founder and CEO of the EOS Network Foundation, stated that Block.one failed to financially support the EOS ecosystem after the 2018 ICO, which is one of the many reasons the community felt it necessary to take over the project.La Rose revealed that the EOS community must build everything from scratch because it does not "own any existing intellectual property." Additionally, La Rose stated that due to the ecosystem's lack of funding over the years, it is necessary to inject funds "as quickly and efficiently as possible."ChainCatcher previously reported that the EOS Network Foundation urged the EOS community to reject the Block.one settlement agreement, as it believes the proposed settlement with Block.one is not in the best interests of the EOS network and the entire EOS community.

ChainCatcher news, Kraken co-founder Jesse Powell stated that the FTX 2.0 reboot plan for the bankrupt crypto exchange platform FTX will be worse than starting from scratch. He pointed out that FTX 2.0 has no team, no technology, no licenses, no banking partnerships, and the brand is already damaged. He suggested that the trustee should auction the domain name and trademark to the highest bidder. Anything else is just an exploitation of delusional creditors.

ChainCatcher news, NFT research and evaluation company Scratch has announced the official dissolution of its native token SCRATCH to adapt to the changing regulatory environment. The company previously launched a real-time data-driven NFT valuation tool called Scratch Engine.Company founder Shawn Owens stated that from the beginning, the goal of Scratch Engine was to provide transparency and standardization in the NFT market; when we launched the SCRATCH token, it was also to advance this mission. But the NFT and crypto space is an evolving field, and we need to evolve with it, "we no longer believe that the current form of the SCRATCH token has a bright future."Regarding future plans, the company expects to raise funds through equity sales while also providing early adopters of the project with the opportunity to own a stake in the company. SCRATCH token holders can convert their tokens into equity in the new company; users can also continue to hold the token, and the company will exchange those unredeemed SCRATCH tokens for the company's digital assets in the future. (Source link)