The following is a guest post by Tim Delhaes, CEO & Co-founder of Grindery.
The mood in crypto has shifted.
For some, it’s full-blown nihilism—Web3 has become a rigged casino, an insider’s game where those with the right connections print wealth at the expense of everyone else. The LIBRA scandal laid bare what many suspected but few could prove: a coordinated playbook where hype, exclusivity, and controlled liquidity create a mirage of opportunity, only for insiders to cash out at the peak, leaving retail investors with dust. The recent Bybit hack only reinforced the sense of disillusionment—security failures, insider games, and extractive behavior seem to define the space more than innovation ever did.
For others, this is the wake-up call we needed. The illusion has been shattered, but the mission remains. Now that the mechanics of these schemes are exposed, we have a choice: continue down the same road, rewarding short-term speculation, or take a hard look at the systems we are building and demand better.
The danger isn’t just regulation – it’s the return of centralized gatekeepers
While many are focused on the potential regulatory shifts— led by the prospect of looser enforcement and clearer industry-specific regulations in the U.S. — and the dream of another bull run, the real threat is already here.
Take Telegram. Long considered one of Web3’s most essential platforms, it has quietly pivoted to align with U.S. regulators and Big Tech players, enforcing monopolistic restrictions on blockchain development. This is a familiar playbook: Apple’s App Store 2.0, but for crypto. Controlling access, dictating which chains get visibility, and reshaping the ecosystem on their terms.
We’ve seen this before. Web2 was supposed to be open—until a handful of corporations consolidated power, built walled gardens, and turned the internet into a rent-seeking empire. And yet, instead of pushing back, much of Web3 remains distracted by the next fleeting hype cycle: memecoins, vaporware projects, and hamster-themed casino tokens.
Bitcoin’s origin wasn’t about convenience—it was about resistance. Web3 wasn’t supposed to replicate traditional finance; it was supposed to replace it with something better. But decentralization is hard, and without a clear commitment to its principles, we are watching the industry slip back into the hands of centralized players.
Regulation won’t save us, and it was never supposed to
Some argue that regulatory action could curb this trend, much like the EU forcing Apple to open up its payment systems. But counting on regulators to protect Web3 is a fool’s errand. Governments act in their own interests, and when crypto’s dominant narrative is speculation over substance, it’s not hard to see why policymakers view it as an industry worth containing rather than fostering.
The real question isn’t whether regulators will intervene. It’s whether Web3 can still prove it has a purpose beyond gambling.
The road ahead: stop rewarding empty hype
The solutions aren’t abstract, they’re actually structural. We know how this ends if we let monopolistic control go unchecked. We know that platforms with centralized gatekeepers will always prioritize profit over principles. We know that “security” and “user protection” are often just PR-friendly euphemisms for control.
And yet, instead of funding and building real alternatives, we’ve been handing the spotlight as well as liquidity to the same schemes that make Web3 look like a Ponzi playground instead of a real technological movement.
This isn’t just about ideology; it’s about survival. Censorship resistance, interoperability, and decentralized control aren’t just moral stances—they are Web3’s only real competitive advantages. The moment we start mimicking Web2’s monopolistic models, we lose everything that made crypto worth fighting for.
The path forward is clear: open systems, cross-chain accessibility, and ruthless resistance to centralized control. If Web3 continues to prioritize speculation over infrastructure, hype over substance, and quick flips over long-term innovation, we will have no one to blame for its downfall but ourselves.
In a significant advancement for the AI community, Spheron recently unveiled its DeepSeek-R1-Distill-Llama-70B Base model with BF16 precision—a development that promises to reshape how developers and researchers approach artificial intelligence applications. Despite their immense capabilities, base models have remained largely inaccessible to the broader tech community until now. Spheron’s latest offering provides unprecedented access to the raw power and creative potential that only base models can deliver, marking a crucial turning point in AI accessibility.
Understanding Base Models: The Unfiltered Powerhouses of AI
Base models represent the foundation of modern language AI—untamed, unfiltered systems containing the full spectrum of knowledge from their extensive training data. Unlike their instruction-tuned counterparts that have been optimized for specific tasks, base models maintain their original, unconstrained potential, making them extraordinarily versatile for developers seeking to build custom solutions from the ground up.
The significance of base models lies in their “uncollapsed” nature. When presented with a sequence of inputs, they can generate remarkably diverse variations for subsequent outputs with high entropy. This translates to significantly more creative and unpredictable results than instruction-tuned models designed to follow specific patterns and behaviors.
“Base models are like having a blank canvas with infinite possibilities,” explains Spheron in their recent announcement on X. “They retain more creativity and capabilities than instruction-tuned models, making them perfect for pushing AI boundaries.”
The BF16 Advantage: Balancing Performance and Precision
A critical innovation in Spheron’s offering is the implementation of the BF16 (bfloat16) floating-point format. This technical enhancement carefully calibrates the balance between processing speed and numerical precision, a crucial consideration when working with models containing hundreds of billions of parameters.
BF16 stands out as a floating-point format optimized explicitly for machine learning applications. By reducing the precision from 32 bits to 16 bits while maintaining the same exponent range as 32-bit formats, BF16 delivers substantial performance improvements without significantly compromising the model’s capabilities.
For developers working with massive AI systems, these efficiency gains translate to several tangible benefits:
Accelerated processing times: Operations complete more quickly, allowing for faster iteration and experimentation
Reduced memory requirements: The smaller data format means more efficient use of available hardware
Lower operational costs: Faster processing and reduced resource consumption lead to more economical deployment
Broader accessibility: The optimization makes powerful models viable on a wider range of hardware configurations
“When you’re running massive models, every millisecond counts,” notes Spheron. “BF16 lets you process information faster without sacrificing too much precision. It’s like having a sports car that’s also fuel-efficient!”
The Synergistic Power of Base Models and BF16
These two technological approaches—base models and BF16 precision—create a particularly powerful synergy. Developers gain access to both the unbounded creative potential of base models and the performance advantages of optimized numerical representation.
This combination enables a range of applications that might otherwise be impractical or impossible:
Development of highly customized language models tailored to specific domains
Exploration of novel AI capabilities without the constraints of instruction tuning
Efficient processing of massive datasets for training specialized models
Implementation of AI solutions in resource-constrained environments
Rapid prototyping and iteration of new AI concepts
Comparing Base Models to Instruction-Tuned Models
To fully appreciate the significance of Spheron’s offering, it’s helpful to understand the key differences between base models and their instruction-tuned counterparts:
FeatureBase ModelsInstruction-Tuned Models
Creative PotentialExtremely high with unpredictable outputsMore constrained and predictable
CustomizationHighly flexible for custom applicationsPre-optimized for specific tasks
Raw CapabilitiesUnfiltered, maintaining full training capabilitiesCapabilities potentially reduced during tuning
Development FlexibilityMaximum freedom for developersLimited by pre-existing optimizations
Output VarietyHigh entropy with diverse possibilitiesLower entropy with more consistent outputs
Learning CurveSteeper requires more expertise to optimizeEasier to use out-of-the-box
Resource RequirementsHigher when used without optimizationOften more efficient for specific tasks
BF16 BenefitSubstantial performance gains while preserving capabilitiesLess impactful as models are already optimized
The Future of AI Development with Spheron
Spheron’s commitment to democratizing access to powerful AI tools represents a significant step toward a more open and collaborative AI ecosystem. By providing developers with access to their 405B Base model in BF16 format, they’re enabling a new generation of AI innovations that might otherwise never emerge.
“The hype around base models is not false—real capabilities back it,” asserts Spheron. “Whether you’re a developer, researcher, or AI enthusiast, having access to base models with BF16 precision is like having a supercomputer in your toolkit!”
This initiative aligns with Spheron’s mission as “the leading open-access AI cloud, building an open ecosystem and economy for AI.” Founded by award-winning Math and AI researchers from prestigious institutions, Spheron envisions a future where AI technology is universally accessible, empowering individuals and communities worldwide.
Conclusion: A New Frontier in AI Development
For serious AI developers and researchers, Spheron’s release of their 405B Base model with BF16 precision represents a significant opportunity to explore the boundaries of what’s possible with current technology. Combining unrestricted base model capabilities and optimized performance creates a powerful foundation for the next generation of AI applications.
As the technology continues to mature and more developers gain access to these tools, we can expect to see increasingly innovative applications emerge across industries. The democratization of high-performance AI models promises to accelerate the pace of innovation and potentially lead to breakthroughs that might otherwise remain undiscovered.
Those interested in exploring these capabilities can access Spheron’s platform through their console at console.spheron.network, joining a growing community of innovators pushing the boundaries of artificial intelligence.
Dancing On Ice judges Jayne Torvill and Christopher Dean are set to take a final spin on the ice this weekend before hanging up their skates.
However, on GMB today, as rumours swirl that the ITV skating show is set to be “axed, the pair were also forced to address its future…
Jayne and Christopher will perform on Dancing On Ice one last time (Credit: ITV)
Christopher Dean and Jayne Torvill’s ‘final performance’
Viewers will get to watch Jayne and Chris’ “final performance” during the 2025 finale of Dancing On Ice on Sunday (March 9).
The stars have decided to step back from their skating careers after dancing together for half a century.
Chris and Jayne shared that their final performance will be shown during Sunday’s Dancing On Ice. The duo will continue to do shows together on their upcoming tour. Their last-ever performance is scheduled for July 12.
Jayne said: “The final on Sunday will be our last performance on Dancing On Ice. Then we go on tour and they will be our last performances. We end in Nottingham on July 12.”
Future of Dancing on Ice ‘uncertain’ amid falling viewing figures (Credit: ITV)
Christopher Dean admits future of Dancing On Ice uncertain
With the final episode of Dancing On Ice approaching, reports have suggested the show will be axed by ITV. It’s claimed this is down to a significant drop in viewing figures this year.
Really, it is time for us.
And, with the show in the news, the judges were asked about its future during their GMB appearance.
Susanna Reid asked: “So what’s happening with Dancing On Ice? Because without you performing, that’s a big backbone of Dancing On Ice, isn’t it?”
Chris responded with an answer that appears to throw the future of the show into doubt, responding what’ll happen “if” it continues.
He said: “If Dancing On Ice continues, we’ll just come back as judges, but really, it is time for us. It’s 50 years of skating together and it takes its toll on the body.”
He added: “You have to be very disciplined every day, looking after yourself nutrition-wise and health-wise, I guess we’re ready for a bit of a break.”
However, a spokesperson for ITV said the fate of the show hasn’t been sealed yet. They said: “The Dancing on Ice team is fully concentrating on the much-anticipated series finale this coming Sunday. Therefore no decision has been made.”
Read more: Dancing on Ice 2025 viewers rage as Dan Edgar is eliminated before final
So do you want another season of Dancing on Ice? Leave us a comment on our Facebook page @EntertainmentDailyFix and let us know.
Published: March 04, 2025 at 12:18 pm Updated: March 04, 2025 at 12:18 pm
by Ana
Edited and fact-checked:
March 04, 2025 at 12:18 pm
To improve your local-language experience, sometimes we employ an auto-translation plugin. Please note auto-translation may not be accurate, so read original article for precise information.
In Brief
The U.S. faces a historic choice as Trump’s crypto reserve plan, legislative updates, and Michael Saylor’s $80 trillion vision position Bitcoin at the center of a global financial race.
Bitcoin and the wider crypto market have seen massive gains since Donald Trump’s election win, though the rally has recently shown signs of slowing—raising concerns about a potential stock market downturn.
The bitcoin price, which started 2024 below $50,000, has climbed to just under $100,000. However, a steep drop to around $85,000 on Tuesday—down 21% from its peak of nearly $110,000—has officially placed Bitcoin in correction territory.
Despite the turbulence, bitcoin has recovered some ground as investors brace for a significant legislative update expected from U.S. senator and bitcoin advocate Cynthia Lummis.
Trump Unveils Strategic Crypto Reserve
Cryptocurrencies surged on Sunday following President Donald Trump’s announcement of a new U.S. strategic crypto reserve. The reserve will include major assets like bitcoin and ether, alongside XRP, Solana’s SOL token, and Cardano’s ADA.
According to a statement Trump posted on Truth Social, the reserve is intended to boost the crypto industry after what he described as years of hostile policies under the Biden Administration. He referenced a new Executive Order on Digital Assets, which directs the Presidential Working Group to move forward with the creation of the reserve, explicitly including assets such as XRP, SOL, and ADA.
Trump also emphasized that bitcoin and ether would play central roles in the reserve, reiterating his personal enthusiasm for both cryptocurrencies.
Markets reacted swiftly to the news. XRP jumped 33%, SOL gained 25%, and ADA got a +60% boost. BTC climbed 10% to $94,000, recovering from a three-month low below $80,000 hit on Friday.
Investors are now turning their attention to the first-ever White House Crypto Summit, scheduled for Friday, where Trump is expected to provide further details about the reserve’s structure and long-term strategy.
This marks the first time Trump has drawn a distinction between a “crypto reserve” and a “stockpile.” A reserve would likely involve regular, active purchases of digital assets, whereas a stockpile would simply hold onto the government’s existing crypto holdings without actively adding to them.
$80 Trillion Plan and a Global Bitcoin Adoption Race
As the U.S. wealth fund triggers what some are calling the start of a global race to adopt bitcoin, bitcoin-supporting U.S. senator Cynthia Lummis has hinted at a major legislative update—just as Michael Saylor promotes his ambitious $80 trillion vision for dominating the digital economy.
Lummis took to X to signal the coming developments, responding to a post from the official account of the U.S. Senate Banking Committee, where she serves. The post announced a “subcommittee hearing on bitcoin and crypto legislation” along with a nominations hearing led by committee chair Senator Tim Scott. Lummis captioned her repost with the phrase, “And so it begins.”
Lummis, one of the most vocal crypto advocates in Congress, has long pushed for the U.S. to establish a bitcoin reserve modeled after the nation’s gold reserves. She has even proposed legislation that would see the U.S. government purchase one million BTC over the next five years.
Earlier this month, Trump’s newly-appointed crypto czar, David Sacks, held his first press conference, announcing the formation of a bicameral working group focused on drafting crypto regulations related to stablecoins and market structure. Sacks described the initiative as the beginning of a “golden age” for the crypto industry.
When asked about the possibility of a Bitcoin reserve, Sacks confirmed that it would be one of the first topics the working group would explore. He added that while the administration was still waiting on a few cabinet secretaries to be confirmed, once the group was fully formed, evaluating the feasibility of a Bitcoin reserve would be one of its initial priorities.
Saylor Pushes Government to Lock in America’s Digital Future
Speaking at the CPAC conference, Michael Saylor, founder of Strategy, urged the U.S. government to acquire 20% of the global bitcoin supply to secure America’s leadership in the digital economy.
Saylor, with 500K BTC in holdings, stated that controlling bitcoin was key to controlling cyberspace. He explained that to truly “own” the future digital landscape, the U.S. would need to own and mine Bitcoin while also running the Bitcoin network itself.
He has previously published a framework detailing how the government could establish a U.S. strategic bitcoin reserve, which aligns with his belief that such a move would generate enormous economic benefits.
Saylor projected that Trump and other U.S. leaders could potentially purchase between 4 million and 6 million bitcoins within just a year. According to his estimates, such a move could create $50 trillion to $80 trillion in value for U.S. taxpayers while also helping to ease the nation’s mounting debt.
He emphasized that there’s only room for one country to secure 20% of the bitcoin network—and he expressed confidence that the United States was best positioned to claim that spot.
Bitcoin at a Historic Point
According to analysts at Bitfinex, bitcoin remains at a crucial point after nearly 90 days of sideways movement. They noted that with traders waiting for a clear catalyst, the cryptocurrency’s next major shift will likely depend on broader macroeconomic trends — and could prove decisive for its trajectory.
After Trump’s election win, bitcoin briefly crossed the long-anticipated $100,000 threshold before settling into a period of consolidation. While some view this as a standard market correction, others — including Jan3 CEO Samson Mow — believe external factors may be artificially capping the BTC price, preventing it from reaching what they see as its fair value.
Meanwhile, recent comments from Tesla CEO Elon Musk questioning the security of U.S. gold reserves have added to the uncertainty surrounding traditional assets. His remarks have reignited interest in Bitcoin as a potential safe haven in times of economic instability.
The Tariff Dilemma
President Donald Trump’s campaign promise to establish a U.S. bitcoin reserve energized parts of the crypto community, but his escalating tariff threats have unnerved investors. Concerns are mounting that a global trade war could put pressure on asset prices across the board.
The Bitfinex panel pointed out that the U.S. economy is already contending with growing challenges, including weakening consumer confidence and rising inflation expectations — both of which could undermine the Federal Reserve’s efforts to keep price growth under control.
Federal Reserve Chair Jerome Powell, who began cutting interest rates with a half-point reduction last September, has now been forced to pause the cycle as inflation shows signs of reaccelerating, adding further uncertainty to the economic outlook.
AI Pushing Crypto Even Higher
Analysts are predicting that a strong performance could boost both tech and crypto markets, providing support for bitcoin’s price. However, a disappointing result could reignite concerns and contribute to further volatility for bitcoin.
Matt Mena, 21Shares’ lead strategist, noted that Nvidia’s earnings are expected to be a significant AI-driven catalyst, potentially benefiting both the tech and crypto sectors.
Danni Hewson, head of financial analysis at AJ Bell, highlighted that the upcoming earnings report is particularly important given the unease surrounding the short-term prospects of tech stocks. Hewson emphasized that Nvidia’s outlook for the coming year could significantly impact markets, especially amidst concerns over Trump’s new restrictions on Chinese investments and the development of the DeepSeek AI model.
Hewson also pointed out that U.S. consumer confidence is fragile, with growing nervousness about the near future, particularly after the pause in interest rate cuts.
What Now?
As a pivotal U.S. policy announcement looms, the crypto market is bracing for what’s to come. Will Bitcoin break through its previous highs, or will hesitation from institutional players drive prices down? What is clear, however, is that Bitcoin’s next move will likely have significant and far-reaching consequences for both the digital asset landscape and the global economy.
The upcoming weeks may very well shape Bitcoin’s place within the broader financial system, making this a crucial moment for both investors and policymakers alike.
Disclaimer
In line with the Trust Project guidelines, please note that the information provided on this page is not intended to be and should not be interpreted as legal, tax, investment, financial, or any other form of advice. It is important to only invest what you can afford to lose and to seek independent financial advice if you have any doubts. For further information, we suggest referring to the terms and conditions as well as the help and support pages provided by the issuer or advertiser. MetaversePost is committed to accurate, unbiased reporting, but market conditions are subject to change without notice.
About The Author
Victoria is a writer on a variety of technology topics including Web3.0, AI and cryptocurrencies. Her extensive experience allows her to write insightful articles for the wider audience.
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Victoria d’Este
Victoria is a writer on a variety of technology topics including Web3.0, AI and cryptocurrencies. Her extensive experience allows her to write insightful articles for the wider audience.
Think of any video game genre, and you can be assured that it has found a Web3 counterpart in recent years. FPS titles, platformers, trading card games, RPGs, MMOs – they’ve all seen the Web3 treatment. Whilst individual games in each of these genres has seen success, one genre of games in particular has captured regular acclaim – sports.
Sports games are perfectly suited to Web3 gaming. Combining team-building, strategy, management and more, it’s a genre that seems purpose-built for Web3 integration. More than any other genre, it is Web3 sports games that have done the most to onboard traditional gamers and collectors into the Web3 industry.
Here’s 5 of the leading Web3 sports games that prove it.
Source: FIFA Rivals
FIFA Rivals
Although it is still several months away from a public release, with its American football counterpart NFL Rivals having already enjoyed over 8 million downloads, we have a good idea of what’s in store for FIFA Rivals.
Developed by Mythical Games, FIFA Rivals will see players manage a roster of officially-licensed professional football stars, building a dream team to dominate on the pitch in both PvP and PvE matches.
Over 100,000 users have already registered their interest in the Mythical Marketplace – where in-game assets for both NFL Rivals, and likely FIFA Rivals, will be traded. By tapping in to the world’s most popular sport, we can expect those numbers to skyrocket – and prove why Web3 technology will be a staple of the next generation of gaming.
Source: Rumble Kong League
Rumble Kong League
Sports games don’t have to be realistic to be successful – and Rumble Kong League is a perfect example of that.
Rumble Kong League takes the sport of 3v3 basketball and gives it a creative twist. Players build a roster of cartoon-styled, anthropomorphic apes – using the game’s built-in NFT marketplace – and take to the court in fast, furious and high-octane matchups against both other players and PC opponents.
On top of that, players can explore the world of Athlos City, hang out with their friends and other players, and complete a variety of courtside quests for exclusive rewards. Rumble Kong League brings the excitement of arcade classics to mobile, with a blockchain boost that every player can enjoy.
Source: zkRace
zkRace
Horse racing is a sport that has seen several Web3 iterations – and zkRace is one of the very best.
Formerly known as DeRace, zkRace sees players build and manage a stable of NFT-powered steeds, training them to compete in highly-competitive events across a series of racecourses. You might not have thought that there would be many Web3 horse racing fans out there – but combine stellar gameplay with furious competition, and you’ve got a winner on your hands.
The game features a fully-fledged NFT marketplace, where superior steeds are bought and sold. This gives players an additional incentive – a way to earn through training, developing and trading the very best steeds around. With races taking place every few minutes, 24 hours a day, with zkRace, there’s always action out on the racecourse.
Source: NBA Top Shot
NBA Top Shot
No list of the best Web3 sports games would be complete without NBA Top Shot.
Essentially an officially-licensed card-collecting title – rather than an out-and-out game – the impact and influence of NBA Top Shot cannot be understated. The game was the first Web3 title to see widespread mainstream recognition, enticing millions of basketball fans around the world to dive into the action and collect the hottest shots, dunks and moments in NBA history.
Though its heyday appears to be behind it, NBA Top Shot remains a pillar of the Web3 sports genre. With the officially-licensed IP allowing the sports biggest stars to be front-and-centre, its no surprise that fans followed – and with those fans eager to get their hands on limited edition moments in the history of the sport, the success of NBA Top Shot was a slam dunk.
Source: Step App
Step App
Move-to-Earn games are one of the most recent developments in Web3 gaming, turning physical movement in the real world into blockchain-based rewards. Step App is one of the innovators that’s leading the way.
As you walk, jog and run in the real world, each step translates into token rewards that can be redeemed for a range of digital and physical rewards. This includes items such as sneakers and headphones, to exclusive deals and discounts.
With over 300,000 users in over 100 countries, Step App is not just a revolution in Web3 gaming, but has also become a vital tool in improving the wellness of its users. Adding additional incentives to the benefits of exercise is a no-brainer – and we’re certain Step App will be one of the first of many to incorporate blockchain-based features such as these in future.
Web3 TCG Parallel is set to expand with a mobile launch on iOS and Android on March 18.
The announcement came alongside the conclusion of the Parallel League Championship in Las Vegas, where professional player Jaromír “Jarla” Vyskočil claimed victory and a $100,000 prize. The championship, held at the HyperX Arena, featured 16 top players competing for a $250,000 prize pool after months of qualification matches.
Parallel Studios also used the event to unveil Parallel: Sanctuary—formerly codenamed Project Tau Ceti—a third-person extraction shooter set in the same universe as the trading card game. The expansion signals a broader strategy to grow the Parallel franchise beyond digital card games.
Source: Parallel
Parallel League Championship Concludes
The Parallel League Championship was a two-day competition that saw the best Parallel players face off in high-stakes matches. Participants qualified through a six-month league by accumulating points in ranked matches and tournaments.
The final four included Colombian player Zeliaser, former Hearthstone professional Jimon, and Sparkling. Jarla—an experienced esports competitor—won the semi-finals with a 3-0 victory over Jimon before defeating Zeliaser 3-0 in the final to secure the title.
Whilst Jarla claimed the $100,000 grand prize, the remaining $150,000 was distributed among the top finishers.
Source: Parallel
What’s next to Parallel?
Parallel Studios confirmed that Parallel will be released on iOS and Android on March 18, expanding beyond its current availability on Windows PC. This move is expected to increase the game’s accessibility and attract a wider audience.
Additionally, the studio announced that it has allocated $1 million in prize money for the second season of the Parallel League, which begins this week. A third season, scheduled for 2026, will see the prize pool increase to $2 million, reflecting the company’s commitment to competitive play.
With the upcoming mobile launch and further esports investment, Parallel is set to expand its player base whilst continuing to develop its competitive gaming ecosystem.
Published: March 04, 2025 at 10:32 am Updated: March 04, 2025 at 10:32 am
by Ana
Edited and fact-checked:
March 04, 2025 at 10:32 am
To improve your local-language experience, sometimes we employ an auto-translation plugin. Please note auto-translation may not be accurate, so read original article for precise information.
In Brief
OpenAI has introduced NextGenAI, a consortium that brings together 15 leading research institutions with the aim of using AI to accelerate research advancements and transform education.
Artificial intelligence research organisation OpenAI announced that it has introduced NextGenAI, a consortium that brings together 15 leading research institutions with the aim of using AI to accelerate research advancements and transform education.
Recognizing the potential of AI to drive progress in both fields, OpenAI has committed $50 million in research grants, computational resources, and API access to support students, educators, and researchers working at the forefront of innovation.
The initiative unites institutions from both the US and internationally, aiming to accelerate progress beyond what any single institution could achieve on its own. Beyond fostering new discoveries, NextGenAI is also dedicated to preparing the next generation to shape the future of AI.
The founding partners of NextGenAI include prestigious institutions such as Caltech, the California State University system, Duke University, the University of Georgia, Harvard University, Howard University, MIT, the University of Michigan, the University of Mississippi, The Ohio State University, the University of Oxford, Sciences Po, Texas A&M University, as well as Boston Children’s Hospital, the Boston Public Library, and OpenAI. Each of these institutions is leveraging AI to address significant challenges, ranging from healthcare advancements to reshaping educational experiences.
OpenAI Enhances Education With ChatGPT Accessibility For Students, Faculty, And Researchers
NextGenAI strengthens the crucial collaboration between academia and industry, ensuring that the advantages of AI reach diverse environments, from laboratories and libraries to hospitals and classrooms across the globe.
This initiative builds on OpenAI’s ongoing commitment to education, following the introduction of ChatGPT Edu in May 2024. ChatGPT Edu, a version of ChatGPT tailored for universities, is designed to help educational institutions responsibly integrate AI into their campuses, benefiting students, faculty, researchers, and operations. Powered by GPT-4o, ChatGPT Edu offers advanced capabilities, including reasoning across text and vision, and tools like data analysis. With enterprise-level security and controls, this version is accessible and affordable for educational institutions.
NextGenAI further supports this mission by offering OpenAI’s APIs and funding to catalyze innovation. This initiative aims to assist scientists in their search for cures, scholars making new discoveries, and students preparing to master AI and its potential in shaping the future.
Disclaimer
In line with the Trust Project guidelines, please note that the information provided on this page is not intended to be and should not be interpreted as legal, tax, investment, financial, or any other form of advice. It is important to only invest what you can afford to lose and to seek independent financial advice if you have any doubts. For further information, we suggest referring to the terms and conditions as well as the help and support pages provided by the issuer or advertiser. MetaversePost is committed to accurate, unbiased reporting, but market conditions are subject to change without notice.
About The Author
Alisa, a dedicated journalist at the MPost, specializes in cryptocurrency, zero-knowledge proofs, investments, and the expansive realm of Web3. With a keen eye for emerging trends and technologies, she delivers comprehensive coverage to inform and engage readers in the ever-evolving landscape of digital finance.
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Alisa Davidson
Alisa, a dedicated journalist at the MPost, specializes in cryptocurrency, zero-knowledge proofs, investments, and the expansive realm of Web3. With a keen eye for emerging trends and technologies, she delivers comprehensive coverage to inform and engage readers in the ever-evolving landscape of digital finance.
In a landmark decision for the non-fungible token (NFT) industry, the U.S. Securities and Exchange Commission (SEC) has concluded its investigation into Yuga Labs—the creator of the Bored Ape Yacht Club (BAYC) and Mutant Ape Yacht Club (MAYC) NFT collections—without recommending any enforcement action. This development, announced by Yuga Labs on March 3, 2025, marks a significant moment for the NFT sector and its regulatory landscape.
Background of the Investigation
The SEC initiated its probe into Yuga Labs in October 2022, aiming to determine whether the company’s NFT offerings and the distribution of ApeCoin, a cryptocurrency associated with the BAYC ecosystem, violated federal securities laws. Central to this investigation was the application of the Howey Test, a legal framework established by the U.S. Supreme Court in 1946 to assess whether certain transactions qualify as investment contracts, thereby classifying them as securities.
Yuga Labs’ Response and Industry Implications
Upon the closure of the investigation, Yuga Labs expressed its satisfaction, stating, “After 3+ years, the SEC has officially closed its investigation into Yuga Labs. This is a huge win for NFTs and all creators pushing our ecosystem forward. NFTs are not securities.” This outcome is perceived as a positive signal for the broader NFT community, potentially setting a precedent for how digital assets are classified and regulated in the future.
Source: X
Shifts in Regulatory Approach
The conclusion of the Yuga Labs investigation aligns with a series of recent actions suggesting a more lenient regulatory stance toward digital assets under the current SEC leadership. Notably, the SEC has dropped or suspended investigations into several major cryptocurrency firms, including Coinbase, Binance, Robinhood, OpenSea, and Uniswap. Additionally, the agency has restructured its crypto division, establishing a new Cyber and Emerging Technologies Unit and forming a task force dedicated to developing clearer regulatory guidelines.
Market Reactions and Future Outlook
Following the announcement, the floor price for Bored Ape NFTs on the OpenSea marketplace experienced a modest increase of 3.8%, rising from 13.39 ETH to a peak of 13.75 ETH. However, it’s important to note that Bored Ape NFTs have seen a significant decline in value from their peak floor price of 153.7 ETH nearly three years ago, reflecting broader market trends in the NFT space.
Source: OpenSea
The closure of the SEC’s investigation into this is widely viewed as a pivotal moment for the NFT industry, offering a clearer regulatory environment that could foster innovation and growth. As the SEC continues to refine its approach to digital assets, stakeholders across the crypto ecosystem remain hopeful for further regulatory clarity that balances investor protection with the promotion of technological advancement.
About Yuga Labs
Yuga Labs, the project of the renowned Bored Ape Yacht Club (BAYC) NFT collection, is one of the leading NFT development companies in the market. In March 2022, Yuga Labs successfully raised $450 million, bringing its valuation to $4 billion, with a16z leading the investment round alongside other major investors.
Current projects in the Yuga Labs ecosystem include:
• BAYC (Bored Ape Yacht Club)
• MAYC (Mutant Ape Yacht Club)
• BAKC (Bored Ape Kennel Club)
• CryptoPunks
• Meebits
• …..
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Published: March 04, 2025 at 10:00 am Updated: March 04, 2025 at 12:36 am
by Ana
Edited and fact-checked:
March 04, 2025 at 10:00 am
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In Brief
SingularityNET has partnered with Privado ID to advance new trust frameworks, enabling users and AI agents to interact securely, and transparently.
Founding member of the Artificial Superintelligence (ASI) Alliance, SingularityNET announced a strategic technical partnership with Privado ID to integrate trust into the decentralized AI Agent ecosystem.
In order to achieve this goal, SingularityNET, ASI, and Privado ID will collaborate to launch the first decentralized AI Agent Trust Registry and the issuance of AI Agent Decentralized Identifiers (DID). By combining Privado ID’s decentralized identity technology with SingularityNET’s AI capabilities and the forthcoming ASI Innovation Stack, the partners aim to develop verifiable on-chain credentials for AI agents to enhance trust and safety. These credentials will encompass a wide range of important attestations, enabling both users and AI agents to verify aspects such as an AI agent’s model, creator, audits, and more. This collaboration is set to advance new trust frameworks, allowing users and AI agents to interact securely, transparently, and with confidence.
“Our future won’t be defined solely by how AI communicates with humans, but by how AI systems interact seamlessly among themselves,” said Dr. Ben Goertzel, CEO of ASI and SingularityNET, in a written statement. “By integrating Privado ID’s decentralized, privacy-first credentials into ASI:Create, we’re not just ensuring trust; we’re paving the way for a robust, autonomous network of AI agents,” he added.
How AI Agent Trust Registry Paves The Way For Decentralized AI
The AI Agent Trust Registry represents a major step forward in decentralized AI, allowing developers to deploy AI agents with verified identities and attributes. By utilizing decentralized identifiers (DIDs) from Privado ID and verifiable credentials, this registry will explore the creation of a transparent communication layer that can be integrated into ASI:Create and the broader ASI Innovation Stack. This will enable users to verify an AI agent’s authenticity, safety, and fairness, contributing to a secure and interoperable AI network.
The rollout of the AI Agent Trust Registry and testing of Privado ID’s identity infrastructure will occur in stages: starting with a pilot integrating Privado ID credentials with the AIRIS AI Agent, followed by the development of a scalable registry that validates complex attributes such as authenticity and safety, and eventually exploring concepts of self-governance for AI agents. This phased approach is designed to establish a solid foundation for long-term integration into the ASI roadmap. The initiative is already underway, and SingularityNET, ASI, and Privado ID teams will provide updates as key milestones are achieved.
As a key component of the Artificial Superintelligence Alliance—comprising SingularityNET, Fetch.ai, Ocean Protocol, and CUDOS—this partnership aims to advance ASI’s goal of accelerating decentralized Artificial General Intelligence (AGI) and ASI. As the initiative evolves, SingularityNET and Privado ID hope to redefine digital trust, creating a resilient and interoperable AI network where both human and machine intelligences can thrive.
Disclaimer
In line with the Trust Project guidelines, please note that the information provided on this page is not intended to be and should not be interpreted as legal, tax, investment, financial, or any other form of advice. It is important to only invest what you can afford to lose and to seek independent financial advice if you have any doubts. For further information, we suggest referring to the terms and conditions as well as the help and support pages provided by the issuer or advertiser. MetaversePost is committed to accurate, unbiased reporting, but market conditions are subject to change without notice.
About The Author
Alisa, a dedicated journalist at the MPost, specializes in cryptocurrency, zero-knowledge proofs, investments, and the expansive realm of Web3. With a keen eye for emerging trends and technologies, she delivers comprehensive coverage to inform and engage readers in the ever-evolving landscape of digital finance.
More articles
Alisa Davidson
Alisa, a dedicated journalist at the MPost, specializes in cryptocurrency, zero-knowledge proofs, investments, and the expansive realm of Web3. With a keen eye for emerging trends and technologies, she delivers comprehensive coverage to inform and engage readers in the ever-evolving landscape of digital finance.
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Perhaps it’s the promise of warm weather, or maybe it’s the recent premiere of The White Lotus season three (this seems likelier), but we’ve been loving linen lately. The lightweight, flax-based fabric is a warm weather staple for a reason. Linen dries quicker than cotton (aka what denim is made of), and it’s ultra-breathable.
Whether you’re visiting a tropical destination or need comfy pants that won’t make you overheat, a pair of linen pants is in order to keep you cool and stylish. Below, find 13 linen pant styles that flatter all body types — starting at just $26!
11 Loose-Fitting Linen Pants to Wear Instead of Jeans This Spring
1. Everyday Staple: Available in navy, green, white or black, these wide-leg linen pants are the breathable basic to have in your wardrobe. And they have pockets!
2. Posh PJs: We accept any excuse to wear our comfy clothes outside. These blue and white striped pants lean into the pajama trend while still feeling adult and put-together.
3. Barreled Beauties: The internet has been all about barreled jeans, but these barreled linen pants are just as flattering and a bit more subtle in their silhouette. The blush tint color is so sweet for spring.
4. Some Slack(s): Take linen from the beach to the office with these sophisticated trousers that can be accessorized with a thin belt and kitten-heeled sandals. Right now they’re up to 60% off!
5. Wide Legs for Days: These roomy pants are so wide, they’re practically gauchos. We’re loving the navy pair because they could pass as flared jeans — but way comfier.
6. Precious Cargos: These pocketed pants are on the cutting edge of current fashion trends and practical to boot. Pair them with a tee and sneakers for a cute, casual look.
7. Big on Baggy: Linen fabric and lantern-style pants are a match that just makes sense. With more than 4,000 reviews and 4.2 stars on Amazon, these all-purpose pants cost less than $40.
8. Not-Your-Average Joggers: These tapered pants hit at the ankle and have a similar silhouette to joggers. Take them from day to night simply by switching out your flip flops with strappy sandals.
9. Gingham Moment: Palazzo pants get a trendy update with this checkered pair. The pants almost look like a chic, full-length skirt due to the ultra-wide legs.
10. Western Wonder: The cowboy motifs, such as boots, horseshoes and bulls, on these blue- and cream-colored Free People pants are too cute. Plus, their slouchy cut is so in style.
11. Cut It Out: This flowy item is a cut above the rest thanks to its cut-outs. Criss-crossed up the side, the slits add visual interest and tons of airflow. Each color is as cute as the next.
Related: 15 Comfy Pants That Can Transition From Spring to Summer
We can’t believe that the official start of summer is only a little over a month away! What’s more, it’s time to start planning your wardrobe for the hottest months of the year. Whether you’re running errands for the kids or hanging with the girls, staying as cool and airy as possible is essential. One way to do it is by […]
The concept of deploying blockchain networks beyond Earth’s surface has moved from science fiction to active research. As space exploration ramps up—with satellite...
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