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One artificial intelligence (AI)-focused altcoin is surging after going live on South Korea’s largest crypto exchange, Upbit. The information finance (InfoFi) protocol Kaito (KAITO), which is built on the Base network, soared by more than 45% amid the Upbit listing news. Kaito was trading at a low of $1.49, before surging to a high of $2.17. KAITO has since stabilized and is trading for $1.76 at time of writing. With a market cap of $426.8 million, the altcoin is the 168th largest crypto project. Last month, top US crypto exchange Coinbase added support for Kaito with an experimental label. The experimental label was created by the exchange to designate certain digital assets as riskier, lower-liquidity tokens. Binance, the world’s largest crypto exchange by volume, also added support for the digital asset last month. KAITO aims to solve the issue of fragmentation within the crypto space by utilizing AI. Fragmentation is when the crypto markets beco...

The South Korean prosecutor's office reportedly admitted that the reports one of its team visited Serbia “aren’t false.” The hunt for the controversial founder of the now-collapsed Terra ecosystem, Do Kwon, has intensified with South Korean officials reportedly confirming they sent at least two people to Serbia to track him down. According to a Feb. 7 Bloomberg report, the prosecutor’s office in Seoul said the reports “aren’t false” regarding members of its team trekking out to the Balkan state to find Kwon. It appears at least two state official s went — one from the prosecutor's office and the other being a senior member of South Korea’s Justice Ministry. Do Kwon speaking at a conference about Terra before the ecosys. Source: Terra. South Korean-based publication Chosun Media confirmed on Dec. 11 that a state intelligence official informed them that Kwon had based himself in Serbia. There is currently no extradition treaty in effect between South Korea and Serbia. This like...

Among the education centers involved include colleges in Australia, Cyprus and Germany, Nigerian-based tech hub Utiva, Women in Tech, and two Ukrainian organizations. The philanthropic arm of Binance — Binance Charity — is set to fund 30,655 scholarships to students keen on forging a career in Web3 in 2023. The Binance Charity Scholar Program (BCSP) will provide free Web3 Education and training courses which will enable tech-savvy students to upskill without having to leap-frog any unnecessary financial barriers, Binance Charity explained, in a Jan. 20 blog post: “We recognize that digital education and skills development can be out of reach for many, resulting in a blockchain industry that lacks diversity and talent. The Binance Scholar Program changes all that, covering the costs of tuition and course fees at some of the world’s leading universities, colleges and vocational training providers.” The blog post stated that over 82,000 applicants were interested in becoming a part of ...