Source: CoinDesk The U.K. firm joined JPMorgan’s Tokenized Collateral Network (TCN), piloting the tokenization of its own money market fund with Onyx Digital Assets. Fidelity International has selected JPMorgan’s Onyx Digital Assets blockchain to tokenize a money market fund. The move means improved efficiency in delivering margin requirements and a reduction in transaction costs and… Continue reading Fidelity International Tokenizes Money Market Fund on JPMorgan’s Blockchain
Category: Market News
New law grants US president power to block digital asset access
Source: Cointelegraph A new U.S. law grants the president unprecedented authority to block access to digital assets, sparking significant concerns about its broad implications and potential impact on users. A new law grants the United States president sweeping powers to block access to digital assets, drawing significant concern from commentators on X. “It’s hard to… Continue reading New law grants US president power to block digital asset access
Web3 Watch: Ronaldo re-ups Binance NFTs despite lawsuit
Source: Blockworks Plus, celebrity memecoins Soccer megastar Cristiano Ronaldo released another set of NFTs on Binance this week, marking his fourth collection since partnering with Binance in mid-2022. The NFTs give holders the chance to meet Ronaldo, as well as access to exclusive content, per Binance’s website. The drop also comes a few weeks after… Continue reading Web3 Watch: Ronaldo re-ups Binance NFTs despite lawsuit
The Web3 Elites Club’s event (Session 5): “STO/RWA Business Prospects: Help More Enterprises go to Web3 World” and iSHANG Sharing Session on 24 May 2024
Source: Coinstreet LinkedIn The Web3 Elites Club’s event (Session 5) was a resounding success! On 24 May 2024, industry leaders gathered at the China Hong Kong Finance Elites Centre for insightful speeches and discussions. Our Founder & CEO of Coinstreet, SAMSON (SAM) LEE, was the keynote speaker for “STO/RWA Business Prospects: Help More Enterprises go… Continue reading The Web3 Elites Club’s event (Session 5): “STO/RWA Business Prospects: Help More Enterprises go to Web3 World” and iSHANG Sharing Session on 24 May 2024
HKiENDA Annual Conference 2024: Panel Discussion “Regulation of Virtual Assets and Digital Assets: Striking a Balance between Innovation and Investor Protection” on 20 May 2024
Source: Coinstreet LinkedIn The HKiENDA Annual Conference 2024 hosted by HKiNEDA 香港獨立非執行董事協會 featured a thought-provoking panel discussion “Regulation of Virtual Assets and Digital Assets: Striking a Balance between Innovation and Investor Protection” on 20 May 2024. Our Founder and CEO of Coinstreet, SAMSON (SAM) LEE, was among the distinguished panelists invited to share his insights… Continue reading HKiENDA Annual Conference 2024: Panel Discussion “Regulation of Virtual Assets and Digital Assets: Striking a Balance between Innovation and Investor Protection” on 20 May 2024
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
Elon Musk’s xAI raises US$6 billion from investors including Sequoia, Andreessen Horowitz to challenge OpenAI
Source: South China Morning Post The Series B round comes less than a year after xAI’s debut and marks one of the bigger investments in the field Musk had been an early backer of OpenAI, but he later withdrew his support and has advocated caution because of the technology’s potential dangers Elon Musk’s artificial intelligence… Continue reading Elon Musk’s xAI raises US$6 billion from investors including Sequoia, Andreessen Horowitz to challenge OpenAI
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
