CRYPTOCURRENCY
Blender Cycles Joins Render Network's Closed Beta for Decentralized Rendering
Blender Cycles has been integrated into the Render Network's closed beta, offering decentralized GPU rendering to millions of artists. This marks a significant step in expanding Render's multi-render capabilities.
Hong Kong Monetary Authority and HKAB Hold Inaugural Taskforce Meeting on SME Lending
The HKMA and HKAB's joint Taskforce on SME Lending held its inaugural meeting to address SME financing challenges and strengthen communication with the commercial sector.
HKMA and HKAB Establish Joint Taskforce to Bolster SME Lending
The Hong Kong Monetary Authority (HKMA) and The Hong Kong Association of Banks (HKAB) have formed a joint taskforce to enhance SME lending support.
Hong Kong Monetary Authority Releases Q2 2024 Credit Card Lending Survey Results
The Hong Kong Monetary Authority reports a 0.2% decline in total card receivables in Q2 2024, with delinquent and rescheduled ratios slightly increasing.
OKX Introduces Simple Earn Fixed Product for Crypto Users
OKX unveils its Simple Earn Fixed product, available from May 30, 2024, supporting USDT, USDC, BTC, and ETH.
Haru Invest Executives Arrested in $826 Million Crypto Embezzlement Case
South Korean prosecutors have detained three Haru Invest executives for allegedly embezzling $826 million worth of cryptocurrencies from 16,000 users, highlighting regulatory scrutiny over crypto lending practices.
Exciting AI Efficiency: Blending Smaller Models Surpasses Large Counterparts
A new study introduces "Blending" - combining smaller AI models to match or surpass larger counterparts like ChatGPT, showcasing enhanced efficiency and user engagement.
Celsius Crypto Lender's Bankruptcy: Large Withdrawals Clawbacks
Celsius Network is imposing bankruptcy proceedings on account holders with $100,000 or more liabilities, and is taking legal action against those who withdrew large amounts pre-bankruptcy.
DCG Completes Payment of Short-Term Debts to Dissolved Crypto Lender Genesis
Digital Currency Group paid up all short-term loans to Genesis, a previous bitcoin lending platform, as promised. DCG repaid $700 million in 2023 despite crypto sector woes. Genesis filed for bankruptcy in early 2023 after a withdrawal halt due to obligations of over $3.5 billion to its principal creditors. The bitcoin market is changing significantly with this development.
Voyager Digital Agrees to $1.65 Billion Settlement with FTC in Landmark Case
The US FTC has awarded Voyager Digital a $1.65 billion settlement for misleading statements about customer fund safety, marking a significant regulatory action in the crypto market.