GCC, GenAI to help India’s tech sector grow to $254 billion in FY24-25: Deloitte

Source: The Economic Times Synopsis India’s tech sector revenue set to grow with increasing focus on GenAI, spatial computing, and virtual reality. The sector expects significant growth in exports and the establishment of over 2500 global capability centers by 2030. The revenue of India’s technology sector, including the hardware segment, is poised to grow 3.8%… Continue reading GCC, GenAI to help India’s tech sector grow to $254 billion in FY24-25: Deloitte

BIS and 7 central banks to explore asset tokenization through Project Agora

Source: Cointelegraph The proof-of-concept projects seek to create a centralized platform for cross-border CBDC payments and tokenized money transfers. The Bank for International Settlements (BIS) has teamed up with the central banks of France, Japan, South Korea, Mexico, Switzerland, the United Kingdom and the United States Federal Reserve Banks to explore asset tokenization within the… Continue reading BIS and 7 central banks to explore asset tokenization through Project Agora

Grayscale introduces crypto investment fund that prioritizes staking rewards

Source: Cointelegraph Investors must have assets under management exceeding $1.1 million or a net worth over $2.2 million to qualify for Grayscale’s Dynamic Income Fund. Grayscale Investments has announced an investment fund tailored to sophisticated clients eager to expose their portfolios to income generated from staking cryptocurrency tokens. According to a recent statement, the Grayscale… Continue reading Grayscale introduces crypto investment fund that prioritizes staking rewards

HKiNEDA Seminar – The Next Big Opportunities with Virtual Assets

Source: Coinstreet LinkedIn Exciting Announcement! Join us on 22 April 2024 for a groundbreaking seminar on Virtual Assets and their evolving landscape in Hong Kong organised by HKiNEDA 香港獨立非執行董事協會. The Securities and Futures Commission (SFC) has introduced the Virtual Assets Trading Platform (VATP) license to enable legally regulated trading of virtual assets in Hong Kong.… Continue reading HKiNEDA Seminar – The Next Big Opportunities with Virtual Assets

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Panel Discussion on Security Token Offers (STOs) at WOW Summit 2024

Source: CSpro LinkedIn An incredible panel discussion has been held on security token offers (STOs) at WOW Summit 2024 in Hong Kong on March 26, 2024! It was an engaging conversation led by industry leaders and experts, including Henry Zhang (Founder and CEO at DigiFT), Joy Lam (Head of Legal APAC, Binance Legal), SAMSON (SAM)… Continue reading Panel Discussion on Security Token Offers (STOs) at WOW Summit 2024

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SEC Lawsuit Against Coinbase Advances as Judge Rejects Most of Motion to Dismiss

Source: Cryptonews Judge Katherine Polk Failla of the US District Court of the Southern District of New York ruled on March 27 that the US Securities and Exchange Commission (SEC) and Coinbase lawsuit can proceed. The Judge’s decision came after Coinbase filed a motion to dismiss the SEC case, which borders on allegations the exchange… Continue reading SEC Lawsuit Against Coinbase Advances as Judge Rejects Most of Motion to Dismiss

Avalanche and Chainlink collaborate on Australasian on-chain asset settlement

Source: Cointelegraph The Australia and New Zealand Banking Group alongside Chainlink Labs collaborated to connect Avalanche and Ethereum blockchain networks for on-chain settlement solutions. The Australia and New Zealand Banking Group (ANZ) and Chainlink Labs have released the results of a recent collaboration that aimed to connect the Avalanche and Ethereum blockchain networks for on-chain… Continue reading Avalanche and Chainlink collaborate on Australasian on-chain asset settlement

EU approves controversial AI Act to mixed reactions

Source: AI News The European Parliament today approved the AI Act, the first ever regulatory framework governing the use of AI systems. The legislation passed with an overwhelming majority of 523 votes in favour, 46 against and 49 abstentions. “This is a historic day,” said Italian lawmaker Brando Benifei, co-lead on the AI Act. “We… Continue reading EU approves controversial AI Act to mixed reactions

Web3 is not the same as Web 3.0: What’s the difference?

Source: Cointelegraph Web3 and Web 3.0 are terms often used interchangeably, but they actually refer to two different concepts. Web3 refers to a decentralized web that is based on blockchain technology, while Web 3.0 is a semantic web that is more intelligent and connected. Web3 coinage The term “Web3” was first coined by Gavin Wood,… Continue reading Web3 is not the same as Web 3.0: What’s the difference?

Is Bitcoin’s pre-halving retrace over? 52K BTC accumulated on Sunday alone

Source: Cointelegraph BTC prices have rebounded to reclaim $71,000 in late trading on March 25. Bitcoin’s pre-halving retrace may already be over following one of the largest accumulation days in years, which saw Bitcoin reclaiming the $71,000 price level. On March 25, blockchain analytics firm Santiment reported that Bitcoin just “caught traders off guard” with… Continue reading Is Bitcoin’s pre-halving retrace over? 52K BTC accumulated on Sunday alone