Both games incorporate Web3 innovations such as self-balancing tokenomics and dynamic guild warfare systems, giving top guilds the power to influence in-game resources and rewards. In an announcement during the ongoing Korea Blockchain Week (KBW), which started on September 4, Planetarium Labs, a leading Web3 gaming company, has unveiled two innovative blockchain games that promise to redefine the gaming experience for players. The first game, Verse8, is an open-source, decentralized...
Read More »UNESCO Releases First Guidelines for Generative AI in Education
UNESCO seeks to strike a balance between the benefits of GenAI and the preservation of traditional, fundamental learning experiences. UNESCO, the United Nations Educational, Scientific, and Cultural Organization, has taken a significant step in shaping the future of education by releasing its first-ever guidance on the use of Generative AI (Gen AI) for educational purposes. This landmark publication, issued on September 7th, emphasizes the importance of regulating Gen AI in education to...
Read More »Zeebu Secures $25 Million in Presale Funding for World’s First On-chain Invoice Settlement Platform for Telecom Carriers
September 7, 2023 –– Zeebu, the innovative blockchain-based settlement platform for the telecom carrier industry, has successfully raised $25 million in a presale funding round, surpassing its hard cap target of $15 million. The round saw participation from several strategic investors, including Bankai Ventures. The market’s enthusiasm for Zeebu’s groundbreaking on-chain invoice settlement platform and loyalty token, which aims to revolutionize the telecom carrier...
Read More »US Treasury and IRS Propose Cryptocurrency Reporting Rules for Brokers
The United States Government Accountability Office (GAO) warns that “limits on third party information reporting to the IRS is an important factor contributing to the tax gap, which is the difference between taxes legally owed and taxes actually paid”. The United States Department of the Treasury and the Internal Revenue Service (IRS) have jointly released a proposed set of cryptocurrency regulations requiring brokers to report gains and losses incurred during the sale of cryptocurrency...
Read More »Taiwan to Ban All Offshore Exchanges on Failure of Compliance
The Taiwanese government is planning to release guiding principles by the month end, in order to boost information disclosure for crypto exchanges. Taiwan is preparing to introduce some sweeping regulatory changes while restricting offshore exchanges from operating in the country without any proper compliance in place. The Financial Supervisory Commission (FSC) of Taiwan has formulated ten guiding principles for virtual asset service providers to establish their own self-regulatory...
Read More »OpenAI to Host Inaugural Developer Conference in San Francisco
According to reports, OpenAI may provide updates about some of its products, including the highly anticipated ChatGPT-5, which is still in the works. ChatGPT maker OpenAI is about to make history with its inaugural developer conference, OpenAI DevDay, scheduled for November 6 in the United States. The upcoming event marks a significant milestone in the company’s commitment to fostering collaboration and knowledge-sharing within the AI community. In a blog post on September 6, the company...
Read More »Tencent Unveils ‘Hunyuan’ AI Model for Business Use
Tencent’s announcement closely follows a host of AI-powered applications revealed by Baidu, another tech giant in China. Chinese tech giant Tencent Holdings Ltd (HKG: 0700) is set to launch its cutting-edge AI model, “Hunyuan”, for business applications. This announcement was made by Dowson Tong, CEO of the cloud and smart industries group at Tencent, in an exclusive interview with CNBC ahead of the company’s annual summit. The unveiling of Hunyuan comes at a time when Artificial...
Read More »Arm and Apple Sign Deal That will Last through 2040 and Beyond
The Arm filing confirmed that the deal with Apple will last beyond 2040, while assuring that its relationship with other tech giants continue. Apple (NASDAQ: AAPL) has signed a deal with Softbank’s chip designer firm Arm that will last through 2040 and beyond, according to a filing with the United States Securities and Exchanges (SEC). The filing also states that the consumer electronics giant will have access to some Arm architecture. Arm says it has close partnerships with leading tech...
Read More »Internationaler Zahlungsverkehr: Darum war SWIFT so revolutionär
Der internationale Zahlungsverkehr ist ein wesentlicher Bestandteil der globalen Wirtschaft. Unternehmen, Banken und Regierungen auf der ganzen Welt sind auf reibungslose und sichere Zahlungsabwicklungen angewiesen, um Handel und Finanztransaktionen durchzuführen. Eine der revolutionärsten Entwicklungen in diesem Bereich war die Einführung des SWIFT-Systems. Was ist SWIFT? SWIFT steht für „Society for Worldwide Interbank Financial...
Read More »EOS Price Analysis: Key Breakdown Support Intact At $0.555
EOS price started a fresh decline below the $0.600 zone against the US Dollar. The price is now trading below $0.595 and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $0.5850 on the 4-hour chart of the EOS/USD pair (data feed from Coinbase). The pair could continue to decline if it stays below the $0.600 and $0.6150 resistance levels. EOS price is struggling below $0.600 against the US Dollar, unlike...
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