Former Binance Boss Shares AI Plans for New Business Venture, Terraform’s Do Kwon Extradition Takes New Turn, Shiba Inu Burns Surge 48,554%: Crypto News Digest by U.Today

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Check out U.Today’s top three news stories over the past day.

AI plans for new business venture shared by former Binance boss CZ

In a recent post on X, Changpeng Zhao (CZ), the founder of Binance and now head of Giggle Academy, provided an update on the advancements of his new education venture. For those who may have forgotten, Giggle Academy was introduced on March 19 with the mission to provide “free fundamental education for all,” approximately grades 1-12. As reported in the latest announcement, development is moving forward, albeit not smoothly. The team is currently grappling with deciding on the most effective launch strategy for the initial online lessons, with various discussions underway regarding design, game engine selection, and interactive elements. Regarding the integration of artificial intelligence (AI) into the project, CZ expressed that while a fully functional AI teacher may still be complex at present, they intend to incorporate numerous AI-assisted features, such as generating images and songs for content creation.

Terraform’s Do Kwon extradition takes new twist

According to a Korean media outlet’s report, the situation surrounding Terraform Labs’ co-founder Do Kwon has taken an unexpected turn. The Montenegrin High Court has approved Kwon’s extradition from the country for the second time, but this decision was overturned by the local Supreme Court, sending the case back to the High Court for reconsideration. As a result, the extradition process must begin anew. Ultimately, Montenegro’s Minister of Justice, Andrej Milovic, will make the final determination on which country, South Korea or the United States, Kwon will be extradited to. Kwon and his legal team have three days from receiving a translated copy of the High Court’s ruling to file an appeal.

SHIB burns soar 48,554% as Shytoshi Kusama makes festive statement

Based on information from the Shibburn site, the SHIB community burned 87 million SHIB tokens yesterday, marking a massive 48,555% increase in the overall burn rate. These significant burns were facilitated through two large transactions containing 61.9 million and 25.9 million SHIB tokens. In other news, Shytoshi Kusama, the anonymous head of the Shiba Inu project, resurfaced on X platform to engage with the community. He announced a Meme Night Cocktail Reception in Dubai on April 16 and encouraged attendees to meet the SHIB representatives there. Additionally, Kusama expressed his apologies for the long absence and wished the global SHIB community a Happy Easter in all its various forms: Passover, Eid, Gudi Padwa/Ugadi.

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2024-04-12 19:37