#startup

The popular online game platform with a user base of over 200 million monthly active users has now embraced XRP as a payment method through the in-game payments startup Xsolla.

Facing a court decision that sided with the SEC's classification of LBRY Credits tokens as securities, the crypto startup LBRY is poised to appeal. Taking a leaf out of Ripple's book, they're looking to challenge the $111,614 fine and the bar on issuing tokens.

The Wall Street trading overseer, DTCC, recently snapped up the blockchain venture, Securrency. This startup is at the forefront of tokenizing tangible assets like real estate. A cool $50 million sealed the deal.

Imperial College London has teamed up with AI startup FluidAI to address challenges in the crypto market using artificial intaligance (AI). The collaboration will focus on enhancing the tokenized market for various stakeholders, including institutions and retail investors. FluidAI emphasizes the need to tackle liquidity aggregation issues in the crypto domain. AI can help predict and offer optimal bid and ask prices in the market.

Tech leaders Google, Microsoft, OpenAI, and AI startup Anthropic are forming a new industry watchdog group, the Frontier Model Forum, to supervise the "safe and responsible" development of frontier AI models. The alliance aims to push research on AI safety, pinpoint responsible development practices, collaborate with governments and civil leaders, and back the development of applications. This move follows a commitment made by these AI companies to the White House for the safe and transparent development of AI.