Search Results for: Advanced

Sui Foundation Allocates Over $1M to 17 Emerging Projects

On September 30, 2023, the Sui Foundation disclosed the induction of 17 new projects into its grant program, with a total of $1.05 million earmarked for distribution. This financial injection is aimed at propelling the development and assimilation of Sui, a burgeoning decentralized platform. The foundation has meticulously evaluated the prospective grantees based on a … Continue reading Sui Foundation Allocates Over $1M to 17 Emerging Projects

DFINITY Unveils $20 Million ICP Asia Alliance to Propel Web3 Adoption

On September 28, 2023, the DFINITY Foundation, a non-profit R&D entity and a significant player in the Internet Computer Protocol (ICP) blockchain sphere, launched the ICP Asia Alliance and initiated a $20 million grant fund to bolster blockchain and AI endeavors in Asia. The alliance, rooted in Zurich and Hong Kong, focuses on promoting Internet … Continue reading DFINITY Unveils $20 Million ICP Asia Alliance to Propel Web3 Adoption

Uniswap Launches on Moonbeam Network, Extending to Polkadot

Uniswap’s V3 contracts have found a new home on the Moonbeam Network, a leading destination for multi-chain applications on Polkadot. With over $3 billion in Total Value Locked (TVL), Uniswap is a giant in the decentralized exchange (DEX) sphere. This integration, a first of its kind, extends Uniswap’s availability to users on the Polkadot network, … Continue reading Uniswap Launches on Moonbeam Network, Extending to Polkadot

Visa Announces $100 Million Fund for Generative AI in Commerce and Payments

On October 2, 2023, Visa Inc., a global leader in payment solutions, announced a $100 million fund dedicated to generative artificial intelligence (AI). The fund is designed to invest in startups and established businesses that are at the forefront of developing generative AI technologies and applications, particularly those that have potential applications in commerce and … Continue reading Visa Announces $100 Million Fund for Generative AI in Commerce and Payments

Cross-Chain Crime Hits $7B: North Korean Ties Unveiled

Elliptic, a reputable blockchain analytics entity, shed light on the expanding realm of cross-chain crime. Their 2023 report, ‘The State of Cross-chain Crime,’ delineated that an alarming $7 billion of illicit or high-risk funds have been navigated through cross-chain and cross-asset services. The report further unmasked the Lazarus Group, tied to North Korean hackers, as … Continue reading Cross-Chain Crime Hits $7B: North Korean Ties Unveiled

Bitfinex and Polygon zkEVM Facilitate Tether Gold Transactions

On Wednesday, October 11, 2023, cryptocurrency exchange Bitfinex announced the enablement of Tether Gold (XAUt) transactions through the Polygon zkEVM transport layer. The new functionality, which became effective from 03:00 PM UTC on the said date, allows Bitfinex customers to deposit and withdraw Tether Gold on the platform utilizing this advanced Layer-2 (L2) Rollup solution. … Continue reading Bitfinex and Polygon zkEVM Facilitate Tether Gold Transactions

Bitfinex Unveils Zero-Fee P2P Trading in Argentina, Colombia, Venezuela

On October 11, 2023, Bitfinex, a leading digital asset trading platform, disclosed the initiation of a zero-fee trading facility for market takers on its Peer-to-Peer (P2P) platform in Argentina, Colombia, and Venezuela. This development follows the recent availability of the P2P trading service to clients within these geographies, further catalyzing the adoption of cryptocurrency trading … Continue reading Bitfinex Unveils Zero-Fee P2P Trading in Argentina, Colombia, Venezuela

Reuters: U.S. Aims to Thwart Chinese Access to AI Chips via Overseas Outlets

The Biden administration is contemplating measures to plug a loophole that has been enabling Chinese firms to acquire U.S. artificial intelligence (AI) chips through overseas channels, as reported by Reuters on October 13, 2023. This move underscores Washington’s ongoing effort to curb China’s burgeoning AI capabilities which are significantly anchored on U.S. chip technology. Last … Continue reading Reuters: U.S. Aims to Thwart Chinese Access to AI Chips via Overseas Outlets

Cobo Argus Boosts DeFi Strategies Security via Chainlink Price Feeds Integration

On October 12, 2023, Cobo Argus, a fortified on-chain DeFi management solution, announced its integration with Chainlink Price Feeds on the Arbitrum mainnet, bolstering the security and efficiency of its automated DeFi strategies. This integration stems from Cobo Argus’s collaboration with Chainlink, the leading decentralized oracle network, to access accurate, tamper-resistant price data, crucial for … Continue reading Cobo Argus Boosts DeFi Strategies Security via Chainlink Price Feeds Integration

UAE and OKX Unveil Framework for Metaverse Self-Governance

The UAE’s Minister of State for Artificial Intelligence, Digital Economy, and Remote Work Applications Office has published a whitepaper on a “Responsible Metaverse Self-Governance Framework” with contributions from OKX, a notable player in the Web3 technology domain. This initiative is an answer to the burgeoning influence of the metaverse across diverse sectors and the consequential … Continue reading UAE and OKX Unveil Framework for Metaverse Self-Governance

Exit mobile version