CBI Taps Liminal to Manage Seized Digital Assets, With the Custodian Providing Secure Storage Solutions India's Central Bureau of Investigation (CBI) has appointed digital asset custodian Liminal to manage seized digital assets. Liminal assembled a specialized team to create secure wallets for storing the assets. The CBI expressed appreciation for Liminal's collaboration and support during the operation

Hiber3D Taps Google AI Tools to Generate Metaverse Worlds With Text Startup Hiber has integrated Google's generative AI technology into its Hiber3D development platform, aiming to simplify the process of creating in-game content. By using natural language prompts, creators can tell the AI generator what kind of worlds they want to create, unlocking creativity for the masses. Other companies, such as Roblox and Meta, are also using generative AI to build virtual worlds.

The Colorado Department of Motor Vehicles (DMV) said on Thursday that it has begun accepting cryptocurrencies as payment for online services as the state continues to work hard to find use cases for the asset class. DMV customers can now use PayPal cryptocurrency to pay for driver’s licenses, vehicle registrations and other services, according to a statement.

Odaily Planet Daily News The Innovation Center of the Bank of Italy will provide support for a DeFi project involving Polygon Labs and encryption custodian Fireblocks to help financial institutions get involved in DeFi and tokenized assets. According to the press release, Milano Hub, the central bank of Italy’s center for developing financial innovation ideas, will support the development of an institutional-grade DeFi security token ecosystem within six months. The platform aims to help traditional financial institutions experiment with security tokens and execute transactions using the DeFi rail in a safe and regulated manner. Consultancy Cetif Advisory will lead the development of the platform, coordinating the work of Polygon Labs, Fireblocks, technology developer Reply, legal and tax consultancy Linklaters and web3 studio DVRS. According to a press release, the project will involve Italian banks, asset managers and financial institutions, including Intesa Sanpaolo, the country's largest banking group, with total assets under management of more than $1 trillion (975 million euros). (CoinDesk)