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Mysten Labs Partners with Alibaba Cloud to Bolster Sui Blockchain Ecosystem
Mysten Labs collaborates with Alibaba Cloud to enhance the Sui blockchain ecosystem, introducing AI-assisted development tools, educational programs, and global infrastructural support.
Crypto Exchange Bybit and E-sports Organization Astralis Reach a Three-year Cooperation Agreement
The cryptocurrency exchange Bybit announced a three-year cooperation agreement with the e-sports organization Astralis, aiming to expand the connection of cryptocurrency in the e-sports industry.
Financial Stability on The Brink of Instability Due to Bigtech Companies
FSB Worries that the development of BigTech Companies and their growing user community may cause the disintegration of banks amongst other mainstream financial systems.
China’s Tencent Will Invest 500 Billion Yuan in Blockchain and New Technology Infrastructure
Chinese tech giant Tencent Holdings, the owner of China’s messaging platform WeChat has announced that the company will be investing 500 billion yuan ($70 billion) in the next five years in emerging technologies including blockchain, artificial intelligence (AI), cloud computing, and cybersecurity. Tencent is aiming to strengthen the development of FinTech in China, following the push of accelerating the development of blockchain as stated by the country’s President Xi Jinping.
NBG Georgia Shortlists Ripple Among Tech Firms for CBDC Pilot
The National Bank of Georgia progresses with its Digital GEL Pilot Project, focusing on the exploration of Central Bank Digital Currency (CBDC) technology. Nine technology firms, including Ripple Labs, Inc., have been shortlisted for potential collaboration. The initiative mirrors global trends in modernizing financial infrastructures to meet the digital economy's evolving demands.
Microsoft Reveals Azure Maia AI Accelerator and Azure Cobalt CPU
Microsoft unveiled Azure Maia 100 AI Accelerator and Azure Cobalt CPU, optimized for AI and cloud computing, with deployment scheduled for early 2024.
Binance to Disable Multiple Old Deposit Addresses
Binance, the world's largest cryptocurrency exchange, is retiring selected deposit addresses and memos on various blockchains, including Ether, Tron, BNB, and Stellar, as part of its infrastructure upgrade. The exchange encourages impacted users to obtain new addresses and memos to enhance security and efficiency, and the migration is scheduled for April to June 2023.
Astar Network (ASTR) Announces Tokenomics 2.0 with Enhanced Burning Mechanism
Astar Network, a leading blockchain platform in Japan, has unveiled its Tokenomics 2.0 strategy, focusing on creating sustainable growth for its native token, ASTR.
Neara Secures $24M Series B Boosting Utilities' Resilience and Renewable Energy Integration
Neara, with a fresh $24M Series B funding, is set to bolster its AI-centric infrastructure modeling platform, aiming to mitigate climate risks faced by utilities and accelerate renewable energy integration. The investment led by Prosus Ventures will fuel Neara's global expansion and the development of its novel System of Enablement functionality, facilitating a smoother transition towards renewable energy, especially in the US and Europe.
Microsoft and Finastra Open Cloud Solution to Exponentially Accelerate Innovation for 8,500 Banks and Institutions
Finastra and Microsoft Corp have announced a strategic, multiyear cloud agreement to help accelerate the digital transformation of financial services and help realise and open source future for finance.
Extraterrestrial Evidence: A 15-Year Scientific Wager
Astrobiologist Schulze-Makuch and planetary scientist Ian Crawford predict technological extraterrestrial life within 15 years, highlighting rapid space exploration advancements and cosmic significance.
Core Scientific Posts Strong Q4 Amidst 2023 Fiscal Recovery
Core Scientific has announced a significant fiscal recovery for Q4 2023, with a notable increase in self-mined bitcoin and improved financial results.
AI and 5G Integration with Blockchain Infrastructure form Foundation of China's New Deal To Combat 2nd Great Depression
AI and 5G integration with Blockchain Infrastructure will form the foundation of China's New Deal To Combat the Second Great Depression
Circle Introduces Native USDC on OP Mainnet: What It Means for the Ecosystem
Circle launches native USDC on OP Mainnet, replacing Ethereum bridged liquidity. Collaborating with Optimism, it will be available on Coinbase's Base, Solana, Ethereum, and Mercado Pago.
Infrastructure Bill: Is Treasury Sec Against the Proposed Amendments?
US Treasury Sec is opposed to the pro-Bitcoin amendments to the infrastructure bill. Here are some insights behind the story.
Market Sees Broad Price Slump as Bulls Refuse to Hold the Forte
Bitcoin, Ethereum and the majority of altcoins are shedding off their price gains in the past couple of days
Omega Secures $6M in Funding to Revolutionize Bitcoin and DeFi Ecosystem
Omega announces a $6M funding round to launch its decentralized infrastructure, aiming to redefine omnichain and Bitcoin DeFi without relying on traditional bridges or L2 solutions.
How US’s New Infrastructure Bill Could Choke the Crypto Market?
Crypto experts have speculated the US’s new infrastructure bill might impact investors already investing in cryptocurrencies like Bitcoin in the nation.
Huobi Partners with AstroPay to Provide Fiat-to-Crypto Payment Services in Latin America
Huobi Global has partnered with AstroPay to provide fiat-to-crypto payment services for cryptocurrency exchange users in Latin America.
Jelurida and Aumenta Solutions Develop Blockchain-based Maintenance System for Ports
Blockchain solutions provider Jelurida has partnered with AR firm Aumenta Solutions to create a blockchain-based maintenance system for ports, aimed at increasing the traceability of maintenance operations. The system combines blockchain certification and AR, allowing workers to access real-time digital information. Jelurida and Aumenta Solutions are targeting the global port infrastructure market with the technology.
Senator Lummis: Voting on Infrastructure Bill Amendments Will Be a Win for the Digital Asset Community
With all forms of Amendment on the Infrastructure Bill under threat, Sen Lummis has explained why the crypto industry will win should an amendment be voted on.
Astar Network Publishes Tokenomics 2.0: A New Approach to Inflation, Fees, and dApp Staking
Astar Network unveils Tokenomics 2.0, introducing dynamic inflation, aligned transaction fees, and enhanced dApp staking for sustainable growth.
Sierra Leone Revamps National ID Infrastructure with Blockchain
According to Sierra Leone’s President, Julius Maada Bio, the nation intends to use blockchain technology in restructuring the national ID system.
OKX Ventures Invests in Orbiter Finance's Decentralized Layer 2 Protocol
OKX Ventures invests in Orbiter Finance, a decentralized cross-Layer 2 protocol on Ethereum, aiming to redefine blockchain infrastructure and enhance decentralization.
How the 2021 Infrastructure Bill Impacts Cryptocurrency Reporting and Tax
The 2021 Infrastructure Bill requires IRS reporting for crypto transactions over $10,000, expanding cash definition to digital assets, and requiring brokers to report customer details within 15 days.
CGV Leads Expansion in Bitcoin Wallet Sector with UniSat Investment
CGV invests in UniSat to bolster Bitcoin wallet infrastructure, leveraging UniSat's support for the Ordinals protocol and market presence.
Blockchain Startup W3BCloud to Go Public via SPAC Deal
Blockchain cloud infrastructure service provider W3BCloud is set to go public via a Special Purpose Acquisition Company (SPAC) dubbed the Social Leverage Acquisition Corp I (SLAC).
DTCC to Acquire Securrency, Advancing in Digital Asset Infrastructure
DTCC announces its strategic acquisition of digital asset infrastructure specialist, Securrency. This move will bolster DTCC's digital asset offerings and streamline the integration of blockchain technology.
Bitcoin Miner CleanSpark Acquires Mawson’s Georgia Mining Facility, Rigs for Up to $42.5M
CleanSpark continues to pursue growth in a sector ripe for mergers and acquisitions amid a bear market.
Voltage Park's $1 Billion Cloud Infrastructure Targets ML Compute Shortage
Voltage Park, launching on October 29, 2023, introduced a $1 billion cloud infrastructure housing around 24,000 NVIDIA H100 GPUs, aimed at redressing the ML compute resource crunch. A subsidiary of the Navigation Fund, Voltage Park aspires to democratize ML compute access, thereby catalyzing AI innovation across the spectrum.
KPMG Unveils Blockchain-Based Climate Accounting Tool To Help Drive Environmental Sustainability
KPMG has unveiled a blockchain capability dubbed Climate Accounting Infrastructure (CAI) to help firms measure, report, and offset their greenhouse gas emission.
Bank of England Chooses Accenture To Rebuild UK Payment System
Accenture has won a tender with the UK’s central bank to assist in building the UK’s new RTGS (real-time gross settlement) service.
Islamic Development Bank to Create Blockchain Smart Credit Platform with Samsung's Blocko
The Islamic Research and Training Institute partnered with Samsung backed Blocko to develop a functional Credit Management System for Saudi Arabia.
EigenLayer Announces Multi-Phased Mainnet Launch Strategy
EigenLayer is set to introduce a gradual rollout for its mainnet, emphasizing security and performance with a focus on operator and AVS integration.
US Senators Made Bipartisan Compromise on Crypto Clause in Infrastructure Bill
The group of Senators pushing for amendments to the Infrastructure Bill has arrived at a compromise as confirmed in a press conference held on Monday.
Astra Protocol Hires Ex-Trump Chief of Staff Mulvaney as Strategic Adviser
Mulvaney will leverage his extensive experience in U.S. economic policymaking and governance to help drive Astra Protocol’s next stage of growth.
MetaStreet Raises $10M in Seed Funds to Launch New Products
MetaStreet, a provider of Non-Fungible Tokens (NFT) debt, has raised $10 million in a recent capital fund round
Japan's Tech Companies Collaborate to Build Open Metaverse Infrastructure
Several tech companies in Japan have signed an agreement to create the Japan Metaverse Economic Zone and an open metaverse infrastructure called Ryugukoku. The infrastructure will serve as a new social infrastructure for enterprise digital transformation and enable interoperability across different platforms.
Google Pairs with Coinbase to Spur Web3 Innovations, Offer Crypto Payments for Cloud Services
Google has teamed up with crypto exchange Coinbase to allow some of its clients to pay for cloud services using cryptocurrencies.
U.S. Senators Urge Treasury and IRS for Swift Cryptocurrency Tax Rule Implementation
A group of U.S. Senators has expressed concern over a two-year delay in implementing tax reporting requirements for crypto brokers, urging the Treasury Department and IRS to expedite the process to close the crypto tax gap, provide clarity for taxpayers, and secure billions in lost tax revenue. The delay contradicts the directives of the Infrastructure Investment and Jobs Act and gives leeway to crypto lobbyists opposing the rule.
OpenAI Initiates Preparedness Team to Address AI Catastrophic Risks
OpenAI has launched a new Preparedness initiative, led by Aleksander Madry, to address catastrophic risks associated with AI models. The initiative will monitor, evaluate, and mitigate potential dangers, develop a Risk-Informed Development Policy, and launch an AI Preparedness Challenge to recruit talent.
Aptos Unveils Winners of the Singapore World Tour Hackathon
Aptos Network announced the winners of its #AptosWorldTour Hack Singapore on October 27, 2023, showcasing 14 innovative projects across five tracks, including NFTs, DeFi, Infrastructure, and Web3 x AI, with winners like @IntoTheVerse_, @aptospayment, dAptoRator, @EconiaLabs, and @aptscan_ai.
World's largest electronics and lighting marketplaces open in Oct
New AI & Voice Recognition zone plus smart lighting products