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
Category: Market News
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
Japan telecoms giant creates AI filter that calms angry customer voices in call centres
Source: South China Morning Post Survey shows nearly half of staff harassed, get abusive language, threats, SoftBank works with Tokyo University, starts using technology next year We all know the frustration of not getting our queries dealt with by customer services, or being kept waiting too long. Some people take it out on the person… Continue reading Japan telecoms giant creates AI filter that calms angry customer voices in call centres
Nvidia signs deal to use its AI across the Middle East
Source: rthk News Nvidia has signed a deal to deploy its artificial intelligence technology at data centres owned by Qatari telecoms group Ooredoo in five Middle Eastern countries, said Ooredoo’s CEO. The agreement marks Nvidia’s first large-scale launch in a region to which Washington has curbed the export of sophisticated US chips. It will make… Continue reading Nvidia signs deal to use its AI across the Middle East
BitoGroup partners with Far Eastern International Bank to launch first crypto-friendly bank account
Source: Yahoo Finance BitoGroup has announced its partnership with Far Eastern International Bank to launch the world’s first dedicated crypto-friendly bank account. As cryptocurrency adoption by international institutions continues to grow, BitoGroup began serving financial institutions two years ago, becoming the first cryptocurrency exchange to form an alliance with financial institutions. This partnership promotes integration… Continue reading BitoGroup partners with Far Eastern International Bank to launch first crypto-friendly bank account
Binance Announces Tether Integration on Toncoin Network
Source: Cryptonews Binance, one of the world’s leading cryptocurrency exchanges, announced it has integrated Tether (USDT) on the Toncoin Network. This means users can deposit and withdraw USDT using the network, marking another milestone in Binance’s efforts to enhance its multi-chain capabilities. This provides its users with more flexibility and options for their transactions. What… Continue reading Binance Announces Tether Integration on Toncoin Network
Tether Debuts New ‘Synthetic’ Dollar Backed by Tokenized Gold in Tokenization Push
Source: CoinDesk Users can mint new tokens using the company’s new Alloy platform, which will be part of Tether’s upcoming tokenization venture, CEO Paolo Ardoino said. Tether, the company behind the $110 billion stablecoin (USDT), debuted Monday a new token minting platform called Alloy on the Ethereum network that lets users create tokens collateralized by… Continue reading Tether Debuts New ‘Synthetic’ Dollar Backed by Tokenized Gold in Tokenization Push
