Compass Investments

– Fetch.ai, a cryptocurrency company with artificial intelligence built on Cosmos, announced a $10 million gas pedal to support startups developing solutions focused on AI agents, quantum computing and high-performance technologies.

This gas pedal will operate through the Fetch.ai Innovation Lab, which is designed to connect research with real-world applications. According to a press release sent to Cointelegraph, the lab, which has centers in San Francisco, London and India, will be funded by Humayun Sheikh, CEO of

Fetch.ai and chairman of ASI Alliance, spoke to Cointelegraph about Fetch.ai’s funding, mentorship and access to agency technology to help startups scale globally.

the European Cryptoasset Market Regulation (MiCA) has been hailed as an important step forward for the cryptocurrency industry, despite initial concerns about possible over-regulation when it was first introduced.

MiCA is the world’s first comprehensive regulatory framework for cryptocurrencies and will come into full force for cryptoasset service providers on December 30, 2024.

Zekret founder, institutional regulation and blockchain infrastructure specialist According to Dmitry Radin, CTO of Fideum, a company specializing in regulation and blockchain infrastructure for institutional investors, concerns about over-regulation remain, but in the long run it will be positive for the cryptocurrency industry.

In the long run, [MiCA] is absolutely positive. Any regulation helps the market grow. It leads to more money and more users, Radin told Cointelegraph at Emergence Prague.

However, Radin said the regulations are aimed at identifying “weak points of control” in the cryptocurrency space, which could lead to increased scrutiny of individual investors and end users of cryptocurrency platforms.

insider trading is suspected. At least 15 blockchain wallets have turned an initial investment of $14,600 into more than $20 million, raising concerns about transparency and fairness in the cryptocurrency market.

Memecoin Launchpad Pump.fun.

an analytics firm. According to Lookonchain, the alleged insiders made over 136,000 times their initial investment of $14,600 and were able to purchase over 60.5% of the total token volume. They then sold all of their $Focai for $94,175 $SOL ($20.5M), earning $94,108 $SOL ($20.48M).