All blockchain related news
As China seeks to become a leading tech hub in the Asian region, the government has imposed measures to support the responsible use of emerging technologies. A review of the Chinese roadmap demonstrated that the country seeks to launch an artificial intelligence…
DeFiance Capital, the California based crypto investment company has been hit by a major leadership shake up following the departure of the top level executive. Last week, the head of portfolio growth at DeFiance, Yeou Jie Goh, stepped down from his role….
As Japan seeks to become a go-to destination for crypto firms, the regulators have agreed to loosen the regulation for digital assets. In a recent Cabinet meeting, policymakers agreed to remove the tax imposed on unrealized gains from crypto investments. An unrealized…
The president of Turkey, Recep Tayyip Erdoğan, has appointed Professor Fatman Ozkul to the central bank board. Professor Ozkul’s appointment demonstrated Turkey’s commitment to tap into the benefits of crypto and blockchain technologies. In a December 22 report, President Erdogan confirmed Professor…
On Friday, the leading game developer in South Korea, Wemade, teamed up with Whampoa Digital to launch a $100 million Web3 fund. In the December 22 report, the two companies stated that the newly launched Web3 Fund will focus on the development…
In an official report, the team behind Claude AI Anthropic revealed plans to launch a $750 million funding round led by Menlo Ventures. The artificial intelligence development company anticipates that the multi-million investment would propel the firm’s value to reach $18 billion. …
In an advanced communication, a Japanese Web3-based platform, Line Next, generated $140 million in a funding round led by Crescendo Equity Partners. The multi-million investment was ranked among the largest capital raised by an Asian blockchain company. In the report, the Line…
In an official communication, the prominent Bitcoin-oriented marketplace Babylon generated $18 million in a Series A funding round. The successful fundraising was led by the leading investment company in San Francisco, Polychain Capital, in collaboration with Hack VC. Other participants included in…
In an advanced communication, the largest digital bank by market value in Brazil, Nubank, sealed a partnership agreement with the prominent trading platform for institutional clients Talos. The two partners agreed to evaluate practical ways to reduce the cost of trading digital…
In advanced communication, the famous messaging protocol Wormhole raised approximately $225 million from a funding round led by the European investment company Brevan Howard. Other participants in the successful fundraising included Coinbase Ventures, ParaFi, Arrington Capital, Borderless Capital, and Jump Trading. The…
In a November 28 update, the renowned Multi-party computation (MPC) wallet provider Fireblocks was debuting a new trading system, Off Exchange, for institutional clients. The Fireblocks team confirmed that the new trading platform will leverage emerging technologies to allow institutional customers to…
In an advance communication, the prominent stablecoin issuer Circle sealed a partnership agreement with the Japan-based financial institution SBI Holdings to push for mainstream crypto adoption. The two partners agreed to combine forces to increase USDC and Web3 services adoption in Japan….
With the changes in the financial ecosystem, tokenization has emerged as a developing trend seeking to redefine most industries. The astounding growth of the tokenization of assets has challenged investment managers in the United Kingdom to engage regulatory agencies in supporting the…
In an exciting turn of events, the team behind Photoshop Adobe System entered into a merger and acquisition deal with the Indian-based artificial intelligence company Rephrase.ai. The acquisition of Rephrase.ai aimed at enabling Adobe Systems to expand its AI capabilities. Adobe Acquires…
The departure of Sam Altman from OpenAI has exposed the tech company to potential career gaps as more employees threaten to step down. In a recent update, the OpenAI core team demanded the board to reconsider its decision and return Altman. In…
In an advanced communication, Fnality International raised $95 million in a Series B funding round. The successful funding round was led by Wall Street key market players, including Goldman Sachs and BNP Paribas. Other companies participating in the funding round included Wisdom…
As Asia positions itself as a hotbed for Web3 technologies, key industrial players in the crypto sector have made impressive moves to push for mainstream adoption of crypto and blockchain technologies. On Tuesday, November 7, the best performing Web3 coalition in Vietnam,…
On Tuesday, October 31, the German-based automation company Siemens entered into a partnership agreement with Microsoft to explore viable opportunities in artificial intelligence (AI) technology. The announcement revealed that Siemens and Microsoft will focus on developing AI assistive tools. The partnership coincided…
Neon Machine, the team behind AAA extraction shooter Shrapnel, generated $20 million in a Series A funding round. In an October 25 update, the Seattle-based gaming company revealed that the investment will be utilized in revamping the Shrapnel game. With the progressive…
Applied Digital, a Dallas-based crypto mining company, has dramatically intensified its Bitcoin mining output. On Friday, the Applied Digital team officially launched a new data center in Texas. According to the announcement, the new mining facility will generate 200 megawatts. The report…
