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Tag Archives: Blockchain News

AI Tokens Pump on Positive Industry News as X Corp Announces xAI Shareholding

A number of AI tokens have seen recent significant increases, following Musk’s xAI shareholder announcement, along with other news updates. Artificial intelligence (AI) tokens climbed over the past weekend following news from AI companies about the future of the sector. X Corp owner and Chairman Elon Musk said on Sunday that the company’s shareholders would have a 25% stake in xAI, Musk’s new AI company. Another factor that pumped AI stock over the last few days is news that former OpenAI...

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Mastercard Partners with Feedzai to Leverage AI Tech to Detect and Tackle Crypto Fraud

Mastercard’s partnership with Feedzai aims to address concerns around crypto fraud and money laundering by leveraging artificial intelligence to differentiate between legitimate and fraudulent transactions. Mastercard Inc (NYSE: MA) is strengthening its efforts to identify and prevent fraud associated with crypto exchanges. In an exclusive statement to CNBC, the company revealed a partnership with Feedzai, a regulatory technology platform leveraging artificial intelligence to combat online...

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Singapore to Begin Wholesale CBDC Issuance Next Year

The MAS will collaborate with local banks during the pilot, allowing them to issue tokenized bank liabilities on blockchain technology, streamlining the clearing and settlement processes. Singapore is gearing up for a groundbreaking move into the era of Central Bank Digital Currencies (CBDCs), with plans to pilot the live issuance and use of wholesale CBDCs in 2024. As reported by CNBC, Ravi Menon, the Managing Director of the Monetary Authority of Singapore (MAS), announced the plans at...

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Crypto Payment Firm Strike Enables Bitcoin Purchases for Users Worldwide

Strike initially rolled out the BTC purchase feature for customers in the United States, allowing only users in the country to buy the crypto asset at no cost. Crypto payment company Strike has expanded its global services, allowing users in 36 countries, including El Salvador, Australia, and some African nations, to purchase Bitcoin (BTC) directly on the platform using their debit cards. In a recent announcement, the firm revealed plans to extend these services to over 65 countries in the...

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Bitcoin-Focused Project Taproot Wizards Raises $7.5M to Advance BTC Innovation

Taproot Wizards seeks to bring together developers to build different applications and solutions on top of the Bitcoin Base layer that will maximize the potential of the Taproot upgrade carried out in 2021 To strengthen the innovations in the world of Bitcoin, Taproot Wizards secured new funding to further develop the BTC ecosystem. The successful raise shows increasing momentum and interest in expanding Bitcoin’s capabilities beyond being only a store of value. HOLD ON TO YOUR WIZARD...

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Coinbase Commerce Revolutionizes Onchain Payments with Product Updates

The platform includes a Coinbase Commerce button which allows merchants to easily accept payments for goods, services, and donations. In a groundbreaking move towards enhancing the user experience in onchain payments, Coinbase Commerce has unveiled a comprehensive set of product updates. This development, announced in a recent blog post, is set to address the challenges posed by cryptocurrency volatility, making onchain payments more accessible and seamless for thousands of global...

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EigenLayer Launches Stage 2 Testnet for Validators and Restackers

As part of the Stage 2 testnet launch, operators can now register to the network and commence validation for the first App-Verified State (AVS) – EigenDA. EigenLayer, a leading blockchain protocol, has officially launched the Goerli testnet for EigenDA, signaling a significant advancement in its development journey toward the complete EigenLayer vision. The release of Stage 2 follows the successful introduction of restaking on the mainnet Ethereum in June, which saw a robust response from...

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Flare and Bloxico Collaborate to Launch Blockchain Reputation Scores

The Flare Reputation Score, born out of the collaboration between Flare and Bloxico, stands as a testament to the commitment to transparency, trust, and community empowerment within the blockchain realm.  Flare Network, the blockchain for data, has recently unveiled a groundbreaking partnership with Bloxico, a pioneering blockchain technology company to introduce a novel metric, the Flare Reputation Score. The Flare Reputation Score As highlighted in a press release shared with...

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CoinShares Secures Buying Rights to Valkyrie’s Crypto ETFs

This acquisition will prepare CoinShares to position itself in the US markets ahead of the upcoming launch of spot Bitcoin ETFs. Europe-based crypto asset management firm CoinShares has obtained an exclusive option to acquire the ETF unit of Valkyrie Investments. This will help CoinShares strategically position itself in the US market amid expectations of the Securities and Exchange Commission approving a spot bitcoin ETF. The option, valid until March 31, offers CoinShares the...

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Animoca Brands, AWS, and Polygon Labs Unite to Propel Web3 Development

The program’s primary objective is to support aspiring builders by guiding them through the entire life cycle of a Web3 startup. Animoca Brands Corporation Ltd announced earlier today that it has formed a strategic partnership with Amazon Web Services (AWS), and Polygon Labs to support Web3 builders worldwide via the launch of the MoonRealm Express Accelerator. We’re pleased to introduce MoonRealm Express Accelerator, a collaboration with Amazon Web Services (@awscloud and @awsstartups)...

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