Source: Bitcoin News Hong Kong’s leading commercial bank, HSBC, continues to invest in its tokenization product lineup. The bank’s CEO, Noel Quinn, stated that he is “very comfortable with the concept of tokenization.” He indicated that the bank will look at ways of tokenizing assets backed by “real” assets. HSBC’s CEO Discusses Tokenization Plans Hong… Continue reading HSBC to Expand Tokenized Asset Offerings – CEO Says He’s ‘Very Comfortable’ With Tokenization
Category: Market News
Web3 in Saudi Arabia: Faisal Al Monai’s Insights on the Next Digital Frontier
Source: Hackernoon Ishan Pandey: Hi Faisal, Welcome to our “Behind the Startup” series! We’re excited to have you join us. Could you share a bit about your background? Also, we’d love to hear your thoughts on Web3 adoption in Saudi Arabia? Faisal Al Monai: Thank you very much – it’s a pleasure to share our… Continue reading Web3 in Saudi Arabia: Faisal Al Monai’s Insights on the Next Digital Frontier
NASA created VR metaverse to prep astronauts for life on lunar space station
Source: Cointelegraph “When they slip on their headsets, they’re not just seeing the station—they’re in it.” according to a NASA blog post. While most of us spend our time in the metaverse trading assets or bopping around in virtual realities on legless avatars, astronauts working with NASA and SpaceX are using it to prepare for… Continue reading NASA created VR metaverse to prep astronauts for life on lunar space station
New Loanable Assets Available on Binance Loans and VIP Loan
Source: Blockchain News Binance Loans (Flexible Rate) and Binance VIP Loan have introduced new loanable assets, providing users with more options for collateralizing cryptocurrencies and earning rewards. The latest additions include Aevo, BakeryToken, Beam, Ethena, and many more. The announcement also highlights the features and benefits of Binance Loans (Flexible Rate) and encourages users to… Continue reading New Loanable Assets Available on Binance Loans and VIP Loan
Former Ethereum Adviser Steven Nerayoff Files $9.6B Lawsuit Against US Government
Source: Blockchain News Steven Nerayoff, an early adviser to the Ethereum network, has filed a lawsuit against the United States government for false charges and mistreatment. The lawsuit, filed under the Federal Tort Claims Act, seeks $9.6 billion in damages for an extortion case. Nerayoff alleges that federal agents were aware of the baseless charges… Continue reading Former Ethereum Adviser Steven Nerayoff Files $9.6B Lawsuit Against US Government
A faster, better way to prevent an AI chatbot from giving toxic responses
Source: MIT News Researchers create a curious machine-learning model that finds a wider variety of prompts for training a chatbot to avoid hateful or harmful output. A user could ask ChatGPT to write a computer program or summarize an article, and the AI chatbot would likely be able to generate useful code or write a… Continue reading A faster, better way to prevent an AI chatbot from giving toxic responses
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
