European Central Bank releases first CBDC progress update

Source: Cointelegraph The ECB promised pseudonymization and independent audits of the CBDC system to calm consumer fears of tracking. The European Central Bank (ECB) released its first progress report on developing a central bank digital currency (CBDC) in a June 24 update. Privacy provisions were a main focus, with the ECB promising pseudonymization, hashing functions,… Continue reading European Central Bank releases first CBDC progress update

TinyTap and Open Campus to Host EDU Denver, a Fusion Event for Education and Web3 Leaders

Source: Blockchain News TinyTap and Open Campus announce EDU Denver, a free event uniting education and Web3 leaders, scheduled for June 24, 2024. Education innovators TinyTap and Open Campus have announced their inaugural event, “EDU Denver,” set to take place on June 24, 2024, from 19:00 to 23:00 MST in Denver, Colorado. This free event… Continue reading TinyTap and Open Campus to Host EDU Denver, a Fusion Event for Education and Web3 Leaders

IBM Research Unveils Cost-Effective AI Inferencing with Speculative Decoding

Source: Blockchain News IBM Research has developed a speculative decoding technique combined with paged attention to significantly enhance the cost performance of large language model (LLM) inferencing. IBM Research has announced a significant breakthrough in AI inferencing, combining speculative decoding with paged attention to enhance the cost performance of large language models (LLMs). This development… Continue reading IBM Research Unveils Cost-Effective AI Inferencing with Speculative Decoding

Tokenized Assets to Reach $2 Trillion Market Size by 2030, McKinsey Predicts

Source: Cryptonews Tokenized financial assets are poised to achieve a market size of approximately $2 trillion by 2030, according to analysts at consulting firm McKinsey & Company. In a recent report, the analysts noted that while the adoption of tokenization has had a slow start, they anticipate significant growth in the coming years. They even… Continue reading Tokenized Assets to Reach $2 Trillion Market Size by 2030, McKinsey Predicts

MetalCore Closed Beta 3 introduces NFTs and Web3 integration

Source: Cointelegraph MetalCore’s CB3 launches on June 27. It integrates NFTs and SHARDS, a new offchain currency, and aims to appeal to both Web2 and Web3 gamers. Studio369 has announced the launch of the third Closed Beta (CB3) for its massively multiplayer online game (MMO), MetalCore, set to begin on June 27. This beta phase… Continue reading MetalCore Closed Beta 3 introduces NFTs and Web3 integration

Hut 8 Receives $150M Investment as Thirst for Energy Brings AI Firms to Bitcoin Miners

Source: CoinDesk The funding came from Coatue Management, which is also an investor in CoreWeave, a cloud-computing firm looking to take over miner Core Scientific. Coatue Management is investing $150 million in crypto miner Hut 8 to build AI-related infrastructures. The deal benefited HUT’s shares as well as other bitcoin mining-related data-center stocks such as… Continue reading Hut 8 Receives $150M Investment as Thirst for Energy Brings AI Firms to Bitcoin Miners

Deutsche Bank and Northern Trust Launch Whitepaper to Explore the Road to Institutional DeFi

Source: Fintech Finance News Deutsche Bank and Northern Trust have collaborated to produce an industry whitepaper “The road to institutional DeFi”. The paper examines the evolution of decentralized finance (DeFi) and its driving forces, demystifies its frequently used terms and considers how it will shape the future for financial institutions. The evolution of DeFi and… Continue reading Deutsche Bank and Northern Trust Launch Whitepaper to Explore the Road to Institutional DeFi

Mt. Gox to Distribute Repayments in Bitcoin and Bitcoin Cash in July

Source: Cryptonews Mt. Gox, the Japanese Bitcoin exchange that suffered a notorious collapse in 2014, is to begin distributing repayments to its creditors in the form of Bitcoin and Bitcoin Cash starting in July. The collapse of Mt. Gox triggered years of legal proceedings and efforts to recover the lost assets. In 2018, approximately 200,000… Continue reading Mt. Gox to Distribute Repayments in Bitcoin and Bitcoin Cash in July

NexeraID & Galileo Protocol Partner to Enhance Compliance in RWA Tokenization

Source: Blockonomi NexeraID partners with Galileo Protocol to provide a secure and compliant onboarding solution for their tokenization marketplace TLDR NexeraID has partnered with Galileo Protocol to provide a secure and compliant onboarding solution for Galileo’s tokenization marketplace. The partnership aims to ensure regulatory compliance with MiCA regulations for Galileo Protocol’s new marketplace launch. NexeraID’s… Continue reading NexeraID & Galileo Protocol Partner to Enhance Compliance in RWA Tokenization

RWA platform Swarm Markets to offer tokenized gold via NFTs as MiCA stablecoin rules begin

Source: The Block The German real-world asset (RWA) tokenization platform Swarm Markets will let users buy NFTs, which represent gold ownership. After passing KYC and AML checks, users will be able to swap the NFTs on a peer-to-peer basis via Swarm’s decentralized platform. With a little more than one week before the EU’s Markets in… Continue reading RWA platform Swarm Markets to offer tokenized gold via NFTs as MiCA stablecoin rules begin