HKMA initiates Project Ensemble, a key move to advance the tokenization market and explore the applications of wCBDC in Hong Kong’s financial sector. The Hong Kong Monetary Authority (HKMA) took a significant jump forward in the fintech space by unveiling Project Ensemble, a new initiative aimed at fueling the burgeoning tokenization market in Hong Kong. … Read more
Tether has partnered with Uzbekistan’s NAPP to develop blockchain and peer-to-peer telecommunications to drive innovation and economic growth. Tether Operations Limited has entered into a memorandum of understanding (MOU) with the Republic of Uzbekistan. The goal of this innovative partnership is to develop advanced blockchain and peer-to-peer telecommunications infrastructures within the country. This joint venture … Read more
As crypto ETFs receive SEC approval, Coinbase Custody is emerging as a trusted custodian of digital assets using advanced security and regulatory compliance. Coinbase Custody, a vital division of leading cryptocurrency exchange Coinbase, is increasingly recognized as the custodian of choice for a number of recently approved spot bitcoin ETFs, setting a new standard in … Read more
Compass Mining has emerged as an innovative leader in the cryptocurrency mining service industry, allowing individuals and institutions to engage in Bitcoin mining without the complexity of managing hardware. The cryptocurrency industry has witnessed exponential growth over the past few years, with various sectors flourishing, including the core sector of Bitcoin mining. Among the pioneering … Read more
Wormhole, a leading interoperability protocol, unveiled its own W token and airdrop to decentralize its network, reinforcing its commitment to the Web3 vision. Wormhole, a leading player in blockchain interoperability, has announced a significant step toward decentralization with the introduction of its native token, W, and an accompanying airdrop. The move underscores Wormhole’s commitment to … Read more
Core Scientific has signed a multi-year contract to provide CoreWeave with up to 16 MW of data center infrastructure for AI and HPC workloads, with potential revenue in excess of $100 million. Core Scientific, a leading provider of Bitcoin mining and digital infrastructure, has announced a multi-year contract to supply up to 16 MW of … Read more
Adams Street Partners research shows that 90% expect private markets to outperform public markets in the long term, with two-thirds planning to increase allocations in 2024, highlighting the importance of digital disruption. The private market investment landscape is undergoing significant change, with investors expressing increased confidence and strong interest in the technology and healthcare sectors. … Read more
OpenAI’s Sora, a text-to-video AI model generator, marks a breakthrough in AI’s ability to create realistic video scenes from text prompts, with implications in creative industries and education. OpenAI, the respected artificial intelligence research lab, achieved a remarkable milestone in the field of generative AI with the release of Sora in February 2024. On February … Read more
Binance announces a FDUSD 13,000 prize pool to incentivize Bitcoin purchases through its “Buy Crypto” feature in line with the Bitcoin halving event. In anticipation of the highly anticipated Bitcoin Halving event, Binance, a leading global cryptocurrency exchange, has unveiled a special promotion to reward its users. The campaign, which was announced on March 6, … Read more
HashKey Group is collaborating with the HKMA on the wCBDC initiative to revolutionize interbank settlement and tokenized asset management. HashKey Group, a leading digital asset financial services group in Asia, has announced its engagement in consultations with the Hong Kong Monetary Authority (HKMA) to cooperate on the wholesale central bank digital currency (wCBDC) project. The … Read more