Source: AI News Alibaba Cloud has open-sourced more than 100 of its newly-launched AI models, collectively known as Qwen 2.5. The announcement was made during the company’s annual Apsara Conference. The cloud computing arm of Alibaba Group has also unveiled a revamped full-stack infrastructure designed to meet the surging demand for robust AI computing. This… Continue reading Alibaba Cloud unleashes over 100 open-source AI models
Category: Market News
Puma partners with Web3 mobile game in ‘pivotal moment’ for mainstream adoption
Source: Cointelegraph Puma’s latest partnership could be a “pivotal moment for mainstream crypto adoption” and play-to-earn gaming. Puma, the global sports brand giant, continues its journey into blockchain with its latest partnership in Web3 gaming. The German footwear conglomerate has partnered with Web3 mobile game UNKJD Soccer to leverage Puma-licensed content within the game. Through… Continue reading Puma partners with Web3 mobile game in ‘pivotal moment’ for mainstream adoption
PayPal and Venmo’s ENS integration likely to boost mainstream crypto adoption
Source: Cointelegraph The new integration may bring Web2 and Web3 users together, which could be the key to unlocking true mainstream crypto payment adoption. ENS Labs’ recent partnership with PayPal and Venmo could significantly boost crypto payment adoption and help the industry reach the first billion crypto holders. Ethereum Name Service (ENS), which offers Web3,… Continue reading PayPal and Venmo’s ENS integration likely to boost mainstream crypto adoption
Tokenized Real-World Assets (Excluding Stablecoins) Market Value Hits Over $12B: Binance Research
Source: CoinDesk RWAs continue to experience growth led by tokenized U.S. Treasuries. RWAs continue to experience growth led by tokenized U.S. Treasuries. BlackRock’s boasts a market value of over $500 million. The market value of on-chain real-world assets (RWAs), excluding stablecoins, continues to rise, representing continued investor interest in blockchain-based tokenization of traditional assets. Currently,… Continue reading Tokenized Real-World Assets (Excluding Stablecoins) Market Value Hits Over $12B: Binance Research
Tether’s $100M Investment in LatAm Agriculture Firm May Be a Tokenization Play
Source: CoinDesk Adecoagro is a founder and partial owner in an Argentina-based agricultural commodities tokenization platform Agrotoken. Tether acquired a nearly 10% stake for $100 million in NYSE-listed agricultural conglomerate Adecoagro SA, a regulatory filing shows. Agrotoken, together with Adecoagro, started the development of three stablecoins, SOYA, CORA and WHEA, which allow producers to have… Continue reading Tether’s $100M Investment in LatAm Agriculture Firm May Be a Tokenization Play
Snapshot to launch onchain voting on Starknet
Source: Blockworks The new Snapshot X protocol uses storage proofs to enable voting without needing to bridge Governance voting platform Snapshot has announced the launch of Snapshot X, a new onchain voting protocol. The new protocol will be launched on the layer-2 network Starknet and leverage the technology of “storage proofs” from Herodotus, a middleware… Continue reading Snapshot to launch onchain voting on Starknet
Siemens Issues $330M Digital Bond on Private Blockchain with Major German Banks Including Deutsche Bank
Source: CoinDesk The issuance was the company’s first digital bond with fully automated settlement, building on last year’s issuance on the Polygon network. The company used the permissioned, private blockchain of fintech firm SWIAT and the Bundesbank’s trigger solution for settlement. The issuance was part of a European Central Bank’s trial to settle central bank… Continue reading Siemens Issues $330M Digital Bond on Private Blockchain with Major German Banks Including Deutsche Bank
Siemens Issues $330M Digital Bond on Private Blockchain with Major German Banks Including Deutsche Bank
Source: CoinDesk The issuance was the company’s first digital bond with fully automated settlement, building on last year’s issuance on the Polygon network. The company used the permissioned, private blockchain of fintech firm SWIAT and the Bundesbank’s trigger solution for settlement. The issuance was part of a European Central Bank’s trial to settle central bank… Continue reading Siemens Issues $330M Digital Bond on Private Blockchain with Major German Banks Including Deutsche Bank
HKMA Launches Project Ensemble Sandbox for Asset Tokenization
Source: The Crypto Times Project Ensemble launches, advancing asset tokenization and wCBDC use, signaling Hong Kong’s commitment to modernizing financial transactions. The Hong Kong Monetary Authority (HKMA) unveiled the Project Ensemble sandbox on August 28. This initiative marks a significant step in studying asset tokenization and interbank settlements through a wholesale central bank digital currency… Continue reading HKMA Launches Project Ensemble Sandbox for Asset Tokenization
PayPal’s Stablecoin Hits $1B Market Cap as Incentives Boost Activity on Solana
Source: CoinDesk The payments company’s stablecoin entry was off to a slow start last year on Ethereum, but its recent expansion to the Solana blockchain and DeFi reward programs reignited the token’s growth. PayPal’s PYUSD reached $1 billion in supply, per CoinMarketCap data. The stablecoin benefited from its expansion to the bustling Solana ecosystem, with… Continue reading PayPal’s Stablecoin Hits $1B Market Cap as Incentives Boost Activity on Solana
