Tech
Animoca Brands to Invest Billions of Dollars in the Metaverse

According to a report from Nikkei Asia on Wednesday, the co-founder of Animoca Brands, Yat Siu, stated in an interview that the company intends to establish a fund with a potential value of up to $2 billion to invest in businesses related to the metaverse.
The fund will focus on non-fungible tokens (NFTs) and blockchain gaming. Siu said that the business currently has plans to form a fund that would be named Animoca Capital, with the fund’s maiden investment anticipated to take place in 2023.
In addition, the Hong Kong-based gaming software and venture capital platform is working toward the goal of making it possible for users to have access to Web3 businesses.
Siu said that Animoca’s proposed investment fund will assist the firm in advancing long-term objectives despite the turmoil that has persisted in the cryptocurrency market for the last year.
To provide more elaboration on Animoca’s planned long-term agenda, he indicated that the long-term goal for both Animoca and himself is to devise a method by which all of its employees may acquire digital property rights.
He is holding out hope that this will also propel a situation in which the legal system would recognize digital property in the same way that it recognizes physical property.
Animoca’s Dedication to Web3
Animoca Brands has a strong commitment to the metaverse as well as web3. According to Robby Yung, the CEO of the firm, there is no such thing as a metaverse without Web3 since it is necessary to possess that transaction layer in order to provide interoperability between material and the ability to transport it from one location to another.
Animoca Brands is one of the original members of the Open Metaverse Alliance, which was established last month as a trade association with the mission of promoting interoperability standards inside the metaverse.
Because of these standards, NFT material that was purchased on one metaverse platform would be able to integrate without any problems with NFT content that was purchased on another metaverse platform; for instance, an NFT that was purchased on Decentraland may be utilized in The Sandbox.
The post Animoca Brands to Invest Billions of Dollars in the Metaverse appeared first on The Cryptocurrency Post.
Tech
Bitcoin Miner Stocks Rebound Today Sharply Thanks to the AI Boom

Stocks linked to cryptocurrencies, led by Bitcoin mining companies, experienced a notable recovery this Monday. This bullish movement was primarily driven by renewed optimism in the artificial intelligence sector. According to analysts from the financial firm B. Riley, the market is reacting positively to news from the technology sector. The Bitcoin miner stocks rebound amid growing interest in computational infrastructure.
The main catalyst of the day was the announcement of a strategic agreement. OpenAI, the renowned artificial intelligence firm, selected Broadcom (AVGO) to develop its next custom AI chips. This news caused Broadcom’s shares to reach a new all-time high. Consequently, the enthusiasm spread to other technology assets. The rally was led by major mining companies, such as Marathon Digital (MARA), which saw its shares rise by 10%. Similarly, Riot Platforms (RIOT) and CleanSpark (CLSK) posted gains of nearly 8%.
The Domino Effect of the Boom in Artificial Intelligence
This rally in mining stocks occurred despite the relative stability of Bitcoin’s price. The main crypto asset remained trading around $66,000, showing no major fluctuations. The disconnect suggests that investors are valuing these companies for their indirect exposure to the artificial intelligence sector. Analysts note that cryptocurrency stocks are considered “high-beta” assets. Therefore, they tend to amplify the movements of major technology indices, such as the Nasdaq.
The relevance of this event lies in the growing correlation between the AI narrative and the digital asset market. The demand for energy and computational power is a key link that unites both sectors. Data centers for artificial intelligence and Bitcoin mining farms compete for similar resources. This operational parallel is capturing the attention of investors. For this reason, they are looking for growth opportunities at the intersection of these two disruptive technologies.
A New Correlation for the Crypto Market?
The impact on the market is significant, as it diversifies the factors influencing the valuation of mining companies. Previously, their performance was almost exclusively tied to the price of Bitcoin. Now, the AI boom is emerging as a new growth driver for these stocks. For investors, this represents an opportunity to gain exposure to the artificial intelligence sector through the cryptocurrency market. This could attract a new flow of capital into the ecosystem.
The day shows that the crypto market’s sensitivity to broader technological trends remains very high. The future performance of mining stocks could increasingly depend on advances in the AI field. Consequently, market observers will be watching to see if this correlation strengthens. The link between AI and digital mining could redefine investment strategies in the medium and long term within the digital asset sector.
The post Bitcoin Miner Stocks Rebound Today Sharply Thanks to the AI Boom appeared first on The Cryptocurrency Post.
Tech
California Passes Historic AI Chatbot Regulation to Protect Minors

Governor Gavin Newsom has signed a pioneering bill that establishes the first AI chatbot regulation in California, focusing on platforms that simulate friendship or intimacy. The legislation, known as Senate Bill 243 and introduced by State Senator Steve Padilla, was signed into law this Monday, marking a milestone in artificial intelligence oversight and the protection of vulnerable users, especially minors.
The new regulation requires developer companies of these chatbots to implement clear safeguards. The law mandates the explicit disclosure of the chatbot’s artificial identity, ensuring users know they are interacting with software and not a person. Furthermore, it specifically prohibits chatbots from engaging in conversations about sexual or self-harm topics with minors and establishes protocols for reporting detected cases of suicidal ideation to the state’s Office of Suicide Prevention.
This legislation is relevant because it shifts the focus of AI supervision. Instead of concentrating solely on model architecture or data bias, it directly addresses the emotional interaction between humans and machines. California becomes the first state to set clear boundaries for “companion” chatbots, setting a precedent that could influence future regulations nationwide. The measure seeks to balance innovation with protection, an increasingly present debate in the tech sector.
Real Protection or a Symbolic Gesture?
Despite its passage, the bill is not without controversy. Advocacy groups like Common Sense Media withdrew their support, arguing that the final version was “watered down” after industry lobbying. They label the law as a hollow gesture rather than meaningful policy, as key provisions like external audits were removed. For developers, implementation presents challenges, such as age verification and the risk of restricting legitimate mental health conversations out of caution.
The debate over this law’s actual impact is just beginning. While Governor Newsom defends it as a necessary guardrail, the industry and advocacy groups are closely watching its implementation. The success of this regulation will shape the future of AI governance, determining whether it is possible to create a safer digital environment without stifling the potential of these emerging technologies to offer support and connection.
The post California Passes Historic AI Chatbot Regulation to Protect Minors appeared first on The Cryptocurrency Post.
Tech
Elon Musk’s Grok AI Reveals the Five Ultimate Strategies for the Aster Airdrop

Grok, the artificial intelligence integrated into Elon Musk’s X platform, has identified five key strategies to optimize participation in the second season of Aster Airdrop Farming. With the October 5, 2025, deadline fast approaching, the AI’s analysis, based on real-time data and community discussions, offers a roadmap for users looking to maximize their “Rh” points and secure a share of the 4% of the total ASTER token supply.
Aster’s reward system is not based solely on trading volume, but on a combination of factors that Grok has broken down for efficiency. The analysis highlights that “taker” orders (which take liquidity) generate twice as many points as “maker” orders. Furthermore, the time positions are held open and the use of native assets like USDF or asBNB as margin are crucial, as both can double the points from weekly volume. The AI also emphasizes the importance of referrals and team participation to multiply earnings.
The 5 Key Strategies Revealed by the AI
Grok has synthesized its analysis into five operational tactics. The first is delta-neutral hedging, ideal for those who want to generate volume without price risk. The second focuses on high-frequency “taker” trades with short holding periods to maximize the 2x bonus. Third is the team and referral boost, a social strategy to amplify base points. The fourth tactic promotes the use of native assets, which not only increases points but can also offer additional yields. Finally, the AI suggests completing quests and holding spot tokens as a low-risk starting point.
This intervention by Grok marks a milestone at the intersection of artificial intelligence technology and crypto market analysis. Instead of relying on manual analysis, users now have access to strategies generated by a system that processes live market data, which could change how traders approach events like Aster Airdrop Farming. This event thus becomes a testing ground for the application of AI in decentralized finance.
However, Grok’s own analysis warns of the implications and dangers. Participants must consider the inherent risks, which include high transaction costs that could outweigh the value of the rewards, liquidation risk from leverage, and the possibility that the airdrop rules could change. The recommendation is clear: careful risk control is essential, and one should not invest more capital than they are willing to lose, as the final conversion rate from points to tokens is not yet defined.
As the deadline approaches, the strategies outlined by the AI offer a clear path for participants in Aster Airdrop Farming. Success is not guaranteed and will depend on disciplined execution and prudent risk management. This event will not only determine the distribution of ASTER tokens but could also set a precedent for how artificial intelligence will influence the future of trading and participation in the crypto ecosystem.
The post Elon Musk’s Grok AI Reveals the Five Ultimate Strategies for the Aster Airdrop appeared first on The Cryptocurrency Post.
-
Crypto3 years ago
Cardalonia Aiming To Become The Biggest Metaverse Project On Cardano
-
Press Release5 years ago
P2P2C BREAKTHROUGH CREATES A CONNECTION BETWEEN ETM TOKEN AND THE SUPER PROFITABLE MARKET
-
Blockchain5 years ago
WOM Protocol partners with CoinPayments, the world’s largest cryptocurrency payments processor
-
Press Release5 years ago
ETHERSMART DEVELOPER’S VISION MADE FINTECH COMPANY BECOME DUBAI’S TOP DIGITAL BANK
-
Press Release4 years ago
Project Quantum – Decentralised AAA Gaming
-
Blockchain5 years ago
WOM Protocol Recommended by Premier Crypto Analyst as only full featured project for August
-
Press Release5 years ago
ETHERSMART DEVELOPER’S VISION MADE FINTECH COMPANY BECOME DUBAI’S TOP DIGITAL BANK
-
Blockchain5 years ago
1.5 Times More Bitcoin is purchased by Grayscale Than Daily Mined Coins