Blockchain artificial intelligence lab Fetch.ai has launched a new NFT marketplace for AI-generated art, giving users the ability to create digital collectibles in a collaborative setting through machine learning technology. The new platform, dubbed Colearn Paint, allows groups of creators to automatically generate and collectively own NFTs designed by a machine learning algorithm. The platform is geared towards “abstract compositions,” according to Humayun Sheikh, CEO of Fetch.ai, who cited “collective learning” as a major trend for the future. Collective learning is a concept within artificial intelligence that describes the application of deep learning algorithms to data and privacy.

The controversial $1 trillion infrastructure bill will see a vote in the U.S. House of Representatives without any amendments to the crypto tax provisions by Sept. 27. The vote was agreed to after the House narrowly approved the Democrats’ $3.5 trillion budget blueprint in a vote of 220 to 212. Despite some initial pushback from moderate Democrats, the dissident voters were swayed after House Speaker Nancy Pelosi committed to pass the bill before Sept. 27. Pelosi stated: In late July, last-minute cryptocurrency provisions were added to the infrastructure bill in a bid to raise a further $28 billion through expanded tax obligations for the crypto sector.

Amid the enormous success of crypto-powered game Axie Infinity in the Philippines, the local Department of Finance has made clear that it wants a cut of profits generated by playing Axie and other play-to-earn games. An August 23 report from Inquirer cites Philippine Finance Undersecretary Antonette Tionko as clarifying that any profits gleaned through play-to-earn games are subject to income tax. “Cryptocurrency is an asset, so it’s already taxable in the Philippines [...] whoever earns currency from it, it’s income you should report it,” she said.

Nonfungible token protocol Alethea AI has closed a $16 million private token sale to build scalable infrastructure for the NFT market, highlighting once again the growing demand for digital collectibles. Billionaire investor Mark Cuban was among the backers of the Alethea AI token sale, which was co-led by Metapurse and Crypto.com Capital. Some of blockchain’s biggest venture funds participated in the sale, including Alameda Research, Multicoin, Galaxy Interactive, Dapper Labs, LD Capital, Gemini Frontier Fund, Borderless Capital and others. Individual investors included CoinShares’ Meltem Demirors and Haseeb Qureshi of Dragonfly Capital. The funding will go towards building “scalable AI infrastructure for NFTs” that will give digital collectibles more dynamic characteristics, Alethea AI said. The company has been working closely with Open AI to develop its underlying technology. Once complete, Alethea’s protocol will enable NFTs to become “interactive media assets, with personality traits, preferences and real-time interactive capability.”

Nonfungible token protocol Alethea AI has closed a $16 million private token sale to build scalable infrastructure for the NFT market, highlighting once again the growing demand for digital collectibles. Billionaire investor Mark Cuban was among the backers of the Alethea AI token sale, which was co-led by Metapurse and Crypto.com Capital. Some of blockchain’s biggest venture funds participated in the sale, including Alameda Research, Multicoin, Galaxy Interactive, Dapper Labs, LD Capital, Gemini Frontier Fund, Borderless Capital and others. Individual investors included CoinShares’ Meltem Demirors and Haseeb Qureshi of Dragonfly Capital. The funding will go towards building “scalable AI infrastructure for NFTs” that will give digital collectibles more dynamic characteristics, Alethea AI said. The company has been working closely with Open AI to develop its underlying technology. Once complete, Alethea’s protocol will enable NFTs to become “interactive media assets, with personality traits, preferences and real-time interactive capability.”

Coinbase is under fire for terrible customer service following reports of users accounts being hacked and drained of funds. According to an Aug. 24 investigation by CNBC, thousands of customers across the country have lodged complaints against the company. The outlet stated that it had interviewed numerous Coinbase customers who claimed hackers had drained their accounts, with the issue exacerbated by the exchange not responding to support requests:

Major United States-based cryptocurrency exchange Kraken is planning to officially expand into the European market, following in the footsteps of rival exchange Coinbase. Kraken co-founder and CEO Jesse Powell said that his firm is actively working on receiving a European license, targeting several local jurisdictions for a potential regulatory approval already this year. In a Tuesday interview with German business news agency The Handelsblatt, Powell noted that Kraken has been in talks with multiple European regulators, with countries like Malta, Luxembourg, and Ireland being the most likely jurisdictions to license the U.S. crypto exchange.

OKEx CEO Jay Hao said on Weibo that "OKEx permanently suspends services" is false news.

OKG Technology Holdings Limited issued an announcement stating that the legal counsel informed that XU Mingxing is currently under investigation by the Chinese public security organs. The company has not yet contacted XU Mingxing to verify the information.

The global leading blockchain financial information technology service provider Bluehelix, recently announced that it has entered into an agreement with Japanese licensed exchange Xtheta, Bluehelix will give Xtheta Global an immediate leap forward in establishing a global crypto exchange. Xtheta is a Popular Japanese crypto exchange, which has established in 2017 and is one of only twenty crypto exchanges in Japan to hold a license to operate. In Japan, Xtheta is “a close-to-the-customer Cryptocurrency Consulting Counter that makes crypto assets closer to the general public”. They’re the first crypto exchange company that provides crypto brokerage services in Japan. Bluehelix, the world's leading blockchain financial information technology service provider, is committed to providing professional technical support and services to customers. At this stage, it has provided blockchain fintech to over 260 well-known companies around the world, including the exchange SaaS system, innovative financial derivatives, and liquidity services, helping partners quickly realize business value in the rapidly developing and competitive market .

Bluehelix, the world's leading blockchain financial information technology service provider，recently announced a comprehensive upgrade of its cooperation with Amazon Web Services (AWS), a world-renowned cloud platform, powed Bluehelix cloud exchange system reach a higher level in terms of security, stability and high availability, and work together to build the most trustworthy Exchange system products. Amazon Web Services (AWS) is the world’s most comprehensive and broadly adopted cloud platform, offering over 175 fully featured services from data centers globally. Millions of customers—including the fastest-growing startups, largest enterprises, and leading government agencies—are using AWS to lower costs, become more agile, and innovate faster. Bluehelix, the world's leading blockchain financial information technology service provider, is committed to providing professional technical support and services to customers. At this stage, it has provided blockchain fintech to over 260 well-known companies around the world, including the exchange SaaS system, innovative financial derivatives, and liquidity services, helping partners quickly realize business value in the rapidly developing and competitive market .

ARPA CEO Felix Xu attended Digital Summit 2020 today and shared insights global DeFi user profile, accoridng to a survey ARPA conducted on over 700 users. Liquidity mining, transaction fee and annualized return are the top three reasons for users to use DeFi products. The livestream attracted over 150k views, most of which were from Russian-speaking regions. ARPA token price increased by 150% over the past 24 hours, with overall volume exceeding 200mil USD.

According to Glassnode data, the number of addresses holding more than 1 BTC has reached a record high, reaching 802,715. The last new high appeared on April 8, when the number of addresses was 802,567.

OKLink data found that, starting at 8:30 this morning, the BCH network block began to appear abnormal. 84 blocks have been generated in the last 3 hours. In addition, the current difficulty of the entire BCH network is 240.65G, which is down 40.75% in 24 hours.

Alternative data shows that today's panic and greed index is 15 (yesterday's 22), the degree of panic has increased, and the level is still extreme panic. Note: The threshold of the panic index is 0-100, including indicators: volatility (25%) + market transaction volume (25%) + social media popularity (15%) + market research (15%) + bitcoin in the entire market Proportion (10%) + Google hot word analysis (10%).

Universities, the medical community, the private sector and even private citizens are working hard to study how to use blockchain technology to fight coronaviruses. Hasshi Sudler, an adjunct professor in the Department of Electrical and Computer Engineering at Villanova University, is leading the development of a licensing chain that can be used by doctors to track coronavirus positive cases. In addition, German startup Spherity has developed a decentralized identity system to help patients maintain social distance while taking medicine.