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PIGEON: Predicting Your Location with Images

PIGEON: Predicting Your Location with Images

PIGEON and PIGEOTTO are groundbreaking AI models in image geolocalization, predicting locations from images with remarkable accuracy. PIGEON excels with Street View data, while PIGEOTTO thrives on diverse global imagery, both significantly reducing median distance errors in geolocalization.

Russia's Apex Bank Grants DFA License to Atomyze, the Nation's First

Russia's Apex Bank Grants DFA License to Atomyze, the Nation's First

The Central Bank of Russia (CBR) has granted the Digital Financial Assets (DFA) services license to Atomyze LLC, the first startup in the country to become an asset manager.

Greenidge Generation’s Bitcoin Mining Production Rose 18% in June

Greenidge Generation’s Bitcoin Mining Production Rose 18% in June

Greenidge produced 230 Bitcoins in June, an increase of 18% compared to production seen in May. The company also has ordered additional 200 mining machines to be on delivery to increase its mining ability.

Hong Kong Embraces Web3 Despite Crypto Market Volatility

Hong Kong Embraces Web3 Despite Crypto Market Volatility

Hong Kong's financial secretary, Paul Chan, has emphasized the need for the city to embrace Web3 technology, despite the fluctuations in the crypto market. Chan has proposed a strategy that focuses on proper regulation and promoting development to facilitate Web3's steady growth. He also noted that Hong Kong plans to prioritize financial security, prevent systemic risks, and focus on investor education and protection. The region's approach to crypto regulation contrasts with that of the United States, which has adopted a more hardline response to the industry.

Bakkt And Galaxy Digital Announce New Bitcoin Service Aimed at Institutional Investors

Bakkt And Galaxy Digital Announce New Bitcoin Service Aimed at Institutional Investors

Regulated bitcoin futures provider Bakkt and Galaxy Digital’s trading arm seek to cater to the rising institutional demand for Bitcoin. The two firms have just developed a new service targeting institutional investors looking to purchase and store Bitcoin.

MicroStrategy CEO Reveals why Bitcoin is a Better Investment than Gold

MicroStrategy CEO Reveals why Bitcoin is a Better Investment than Gold

CEO of MicroStrategy Michael Saylor discloses why MicroStrategy chose to invest in Bitcoin rather other assets that may have seemed more plausible - such as gold.

Ex-Binance CEO Zhao Unveils Education-Driven Crypto Initiative

Ex-Binance CEO Zhao Unveils Education-Driven Crypto Initiative

Zhao, Binance's former CEO, reveals a new education-centric blockchain project, excluding token offerings, with details to follow.

Moneygram Partners with Stellar Blockchain Network to Enable Instant Crypto-To-Fiat Settlements Using USDC Stablecoin

Moneygram Partners with Stellar Blockchain Network to Enable Instant Crypto-To-Fiat Settlements Using USDC Stablecoin

MoneyGram has partnered with Stellar Development Foundation to enable customers to make settlements in different fiat currencies including cryptocurrencies using USDC stablecoin.

Amid The Ongoing Crypto Market Dip, DeFi Tokens BAT, CELO, and HEDG Remain Resilient

Amid The Ongoing Crypto Market Dip, DeFi Tokens BAT, CELO, and HEDG Remain Resilient

The market correction though encompassing has some resilient tokens including BAT, CELO, HEDG.

Is Cryptocurrency the Answer? Egypt’s Central Bank Limits Daily Cash Withdrawals Amid Coronavirus Crisis

Is Cryptocurrency the Answer? Egypt’s Central Bank Limits Daily Cash Withdrawals Amid Coronavirus Crisis

Egypt is facing a severe cash crunch as the country is feeling the economic pressure of the coronavirus outbreak. The central bank of Egypt has instructed local banks to begin restricting daily withdrawals and has instructed citizens not to withdraw so much money.

Chinese Version CBDC (Digital Yuan) Applied to Guangzhou Housing Provident Fund Loans

Chinese Version CBDC (Digital Yuan) Applied to Guangzhou Housing Provident Fund Loans

The Guangzhou Housing Provident Fund Management Center has successfully implemented the usage of the Chinese version of the Central Bank Digital Currency (CBDC), commonly known as the digital Yuan, for housing provident fund loans.

China’s Central Bank Digital Currency DCEP Has Been Processed in Pilot Transactions Worth 1.1 Billion Yuan

China’s Central Bank Digital Currency DCEP Has Been Processed in Pilot Transactions Worth 1.1 Billion Yuan

In the race to be the first country to launch a functional CBDC, China appears to be in the lead, as it has begun experimenting with its digital currency.

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