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Financial Stability on The Brink of Instability Due to Bigtech Companies

Financial Stability on The Brink of Instability Due to Bigtech Companies

FSB Worries that the development of BigTech Companies and their growing user community may cause the disintegration of banks amongst other mainstream financial systems.

NBG Georgia Shortlists Ripple Among Tech Firms for CBDC Pilot

NBG Georgia Shortlists Ripple Among Tech Firms for CBDC Pilot

The National Bank of Georgia progresses with its Digital GEL Pilot Project, focusing on the exploration of Central Bank Digital Currency (CBDC) technology. Nine technology firms, including Ripple Labs, Inc., have been shortlisted for potential collaboration. The initiative mirrors global trends in modernizing financial infrastructures to meet the digital economy's evolving demands.

Microsoft Reveals Azure Maia AI Accelerator and Azure Cobalt CPU

Microsoft Reveals Azure Maia AI Accelerator and Azure Cobalt CPU

Microsoft unveiled Azure Maia 100 AI Accelerator and Azure Cobalt CPU, optimized for AI and cloud computing, with deployment scheduled for early 2024.

Binance to Disable Multiple Old Deposit Addresses

Binance to Disable Multiple Old Deposit Addresses

Binance, the world's largest cryptocurrency exchange, is retiring selected deposit addresses and memos on various blockchains, including Ether, Tron, BNB, and Stellar, as part of its infrastructure upgrade. The exchange encourages impacted users to obtain new addresses and memos to enhance security and efficiency, and the migration is scheduled for April to June 2023.

Neara Secures $24M Series B Boosting Utilities' Resilience and Renewable Energy Integration

Neara Secures $24M Series B Boosting Utilities' Resilience and Renewable Energy Integration

Neara, with a fresh $24M Series B funding, is set to bolster its AI-centric infrastructure modeling platform, aiming to mitigate climate risks faced by utilities and accelerate renewable energy integration. The investment led by Prosus Ventures will fuel Neara's global expansion and the development of its novel System of Enablement functionality, facilitating a smoother transition towards renewable energy, especially in the US and Europe.

Core Scientific Posts Strong Q4 Amidst 2023 Fiscal Recovery

Core Scientific Posts Strong Q4 Amidst 2023 Fiscal Recovery

Core Scientific has announced a significant fiscal recovery for Q4 2023, with a notable increase in self-mined bitcoin and improved financial results.

Circle Introduces Native USDC on OP Mainnet: What It Means for the Ecosystem

Circle Introduces Native USDC on OP Mainnet: What It Means for the Ecosystem

Circle launches native USDC on OP Mainnet, replacing Ethereum bridged liquidity. Collaborating with Optimism, it will be available on Coinbase's Base, Solana, Ethereum, and Mercado Pago.

Infrastructure Bill: Is Treasury Sec Against the Proposed Amendments?

Infrastructure Bill: Is Treasury Sec Against the Proposed Amendments?

US Treasury Sec is opposed to the pro-Bitcoin amendments to the infrastructure bill. Here are some insights behind the story.

Market Sees Broad Price Slump as Bulls Refuse to Hold the Forte

Market Sees Broad Price Slump as Bulls Refuse to Hold the Forte

Bitcoin, Ethereum and the majority of altcoins are shedding off their price gains in the past couple of days

Omega Secures $6M in Funding to Revolutionize Bitcoin and DeFi Ecosystem

Omega Secures $6M in Funding to Revolutionize Bitcoin and DeFi Ecosystem

Omega announces a $6M funding round to launch its decentralized infrastructure, aiming to redefine omnichain and Bitcoin DeFi without relying on traditional bridges or L2 solutions.

How US’s New Infrastructure Bill Could Choke the Crypto Market?

How US’s New Infrastructure Bill Could Choke the Crypto Market?

Crypto experts have speculated the US’s new infrastructure bill might impact investors already investing in cryptocurrencies like Bitcoin in the nation.

Jelurida and Aumenta Solutions Develop Blockchain-based Maintenance System for Ports

Jelurida and Aumenta Solutions Develop Blockchain-based Maintenance System for Ports

Blockchain solutions provider Jelurida has partnered with AR firm Aumenta Solutions to create a blockchain-based maintenance system for ports, aimed at increasing the traceability of maintenance operations. The system combines blockchain certification and AR, allowing workers to access real-time digital information. Jelurida and Aumenta Solutions are targeting the global port infrastructure market with the technology.

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