EU Commission urged to prepare for blockchain and AI integration

Source: Cointelegraph Decentralized AI networks, enhancement of smart contracts and emerging DeFi protocols are some of the upcoming trends in blockchain, according to EUBOF. The European Union (EU) has been advised to brace for the convergence of blockchain technology and artificial intelligence (AI). The European Blockchain Observatory and Forum (EUBOF) — an initiative of the… Continue reading EU Commission urged to prepare for blockchain and AI integration

HKMA’s New Guidelines Aim to Equip Bank Employees for AI Transformation

Source: Fintech News Hong Kong In response to the rapid integration of Artificial Intelligence (AI) in banking, the Hong Kong Monetary Authority (HKMA) announced updated guidelines focused on manpower development and training in the banking sector. This initiative reflects the HKMA’s commitment to supporting the industry’s adaptation to AI advancements while ensuring sustainable employment practices.… Continue reading HKMA’s New Guidelines Aim to Equip Bank Employees for AI Transformation

Dubai-based Metaverse company Everdome unveils their new digital theater

Source: Tahawultech Dubai-based metaverse company Everdome unveiled their new metaverse Digital Theater, the latest expansion to their metaverse experience, which aims to usher in a new era of accessible digital creation for a new generation of digital pioneers. Following closely after the release of their easy to use Spaces Metaverse-as-a-Service creators tool, allowing all types… Continue reading Dubai-based Metaverse company Everdome unveils their new digital theater

NFT as the new Swiss bank accounts for the Web3 era

Source: Cointelegraph This Swiss fintech aims to modernize banking infrastructure by using Web3 technology: ERC-721 NFTs for client IDs and ERC-20 tokens for deposits. Swiss fintech Fiat24 is rebuilding banking infrastructure using Web3 technology, utilizing ERC-721 to represent clients’ on-chain IDs and ERC-20 for deposits. From the early days of online banking and the digital… Continue reading NFT as the new Swiss bank accounts for the Web3 era

U.S. House Approves Crypto FIT21 Bill With Wave of Democratic Support

Source: CoinDesk The House’s passage of the digital assets legislation passes the crypto baton to the Senate, where odds remain low for decisive action. The U.S. House vote goes 279-136 to approve the Financial Innovation and Technology for the 21st Century Act with a very strong showing from House Democrats. The passage of the crypto… Continue reading U.S. House Approves Crypto FIT21 Bill With Wave of Democratic Support

Venture capital funding in crypto rises to $2.4 billion: PitchBook

Source: The Economic Times Synopsis ​​Funding was spread across 518 deals and rose by 40.3% from the previous quarter, according to data firm PitchBook. Global venture capital investments dropped to a near five-year low in the same period. Crypto startup funding rose for a second straight quarter to hit $2.4 billion in the first three… Continue reading Venture capital funding in crypto rises to $2.4 billion: PitchBook

Deep Forest celebrates Grammy anniversary with exclusive Itheum Music Data NFT collection

Source: Cointelegraph Music Data NFTs are transforming artist control and audience interaction by allowing musicians to update, manage and distribute their music directly through blockchain technology. Itheum Protocol technology was utilized to launch a limited edition Music Data NFT collection commemorating Deep Forest’s 30th Grammy anniversary with unique music NFTs, including exclusive content and personalized… Continue reading Deep Forest celebrates Grammy anniversary with exclusive Itheum Music Data NFT collection

Farmsent to enhance smart farming with Nuklai AI tools as peaq raises $35M amid token launch

Source: Cryptoslate Nuklai and peaq partnership aims to disrupt DePIN ecosystems with AI and data monetization, starting with the agricultural marketplace Farmsent. Nuklai, an on-chain smart data platform, and peaq, a layer-1 blockchain for decentralized physical infrastructure networks (DePINs), have announced an integration aimed at enhancing AI and data monetization tools for DePINs, starting with… Continue reading Farmsent to enhance smart farming with Nuklai AI tools as peaq raises $35M amid token launch

Web3 Watch: Reebok jumps into digital wearable game

Source: Blockworks If you’ve been pining for the opportunity to have your favorite photos replicated onto a digital Reebok sneaker, you are in luck. On Friday, the sports brand announced a new feature in partnership with Futureverse called “Reebok Impact” — an AI-powered tool where users can send a photo via Instagram direct message and… Continue reading Web3 Watch: Reebok jumps into digital wearable game

Binance Launchpool Introduces Omni Network (OMNI) Tokens

Source: CoinSpectra Binance Launchpool brings Omni Network (OMNI) Tokens Binance has announced the introduction of Omni Network (OMNI) tokens on its Launchpool platform. This marks the 52nd project that Binance Launchpool has introduced. Omni Network is a layer 1 blockchain designed to unify Ethereum’s rollup ecosystem into a singular system. Users can stake their BNB… Continue reading Binance Launchpool Introduces Omni Network (OMNI) Tokens