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ASX Delays Blockchain-Based CHESS Replacement to April 2023

ASX Delays Blockchain-Based CHESS Replacement to April 2023

The Australian Securities Exchange has delayed the blockchain replacement for its CHESS settlement system for financial products, until April 2023.

Federal Reserve Holds 0% Interest Rates until 2023, Targets Over 2% Inflation—BTC Price Breaks $11,000

Federal Reserve Holds 0% Interest Rates until 2023, Targets Over 2% Inflation—BTC Price Breaks $11,000

Bitcoin price spikes as Federal Reserve officials of FOMC said they will hold US interest rates close to zero and will continue to push inflation above 2% by 2023.

Official State-Run Publication Reports Blockchain Development in China to Reach $2 Billion In 2023

Official State-Run Publication Reports Blockchain Development in China to Reach $2 Billion In 2023

Chinese publication, Xinhua, reports that blockchain technology will reach $2 billion in 2023 as well as this, blockchain development in China is expected to increase by a compound annual growth rate of 65.7% from 2018 to 2023.

Bitcoin Plunges Despite Tesla's Bitcoin Announcement and Reports of Fidelity's ETF Filing

Bitcoin Plunges Despite Tesla's Bitcoin Announcement and Reports of Fidelity's ETF Filing

Bitcoin is down despite Fidelity's ETF filing and Tesla's announcement that the company will welcome Bitcoin payments.

Bitcoin Price Surpasses $13K Shortly After PayPal’s Major Crypto Announcement

Bitcoin Price Surpasses $13K Shortly After PayPal’s Major Crypto Announcement

Bitcoin managed to hit a new high in 2020, and passed the $13,000 level for the first time since July 2019.

Blockshow 2019: Todalarity Decentralizing the Global AI Synergy

Blockshow 2019: Todalarity Decentralizing the Global AI Synergy

At the Blockshow 2019, Dr Ben Goertzel and Toufi Saliba discuss the union of SingularityNET and the Toda.Network—Todalarity—which will be at the core of the emerging global brain. Todalarity is essentially a product accelerator that aims to help new AI startups to integrate their products into the TODA and SingularityNET blockchain ecosystems.

eToro’s AI Copy Portfolio Trades on Sentiment

eToro’s AI Copy Portfolio Trades on Sentiment

The eToro trading platform launched its latest user copy portfolio on Tuesday, an artificial intelligence (AI) tool that trades on the sentiments of 850,000,000 daily tweets.

Bitcoin Continues to See Gains After President Xi’s Announcement

Bitcoin Continues to See Gains After President Xi’s Announcement

China Merchants Bank (CMB) has recently announced an investment in crypto wallet BitPie. BitPie is one of the longest-running crypto wallets in China.

US FinCEN Files Show Deutsche Bank Tops List of Suspicious Transactions, So Cut Bitcoin Some Slack

US FinCEN Files Show Deutsche Bank Tops List of Suspicious Transactions, So Cut Bitcoin Some Slack

German central bank, Deutsche Bundesbank appears to have facilitated over one trillion dollars of suspicious transactions flagged by US FinCEN.

Exclusive: Talent Shortage is The Key Pain Point in the AI Industry

Exclusive: Talent Shortage is The Key Pain Point in the AI Industry

Artificial intelligence is one of the emerging fintech trends in Hong Kong. While there are some great minds and AI companies in Hong Kong, they can’t survive without sufficient funding and technical support from government and industry leaders. We had the opportunity to invite Timothy Leung, Executive Director of HKAI Lab, to share his thoughts on how HKAI Lab facilitates the growth of AI ecosystem in Hong Kong. He also identified talent shortage is the key pain point in AI industry which hinders integration of AI and blockchain.

Feeling Left Out? EU Establishes Approximately €400m Blockchain & AI Fund

Feeling Left Out? EU Establishes Approximately €400m Blockchain & AI Fund

The European Commission and European Investment Fund (EIF) have launched a €2B fund to be invested in fundamental technologies. Nearly €300-€400M will be invested in blockchain and artificial intelligence (AI) amid fears that China and the US are setting a precedent in these areas.

Cisco Partners with SingularityNET to Decentralize Artificial Intelligence with Blockchain

Cisco Partners with SingularityNET to Decentralize Artificial Intelligence with Blockchain

Tech conglomerate Cisco and decentralized artificial intelligence (AI) firm SingularityNET have reached a partnership to develop a decentralized Artificial General Intelligence (AGI) project. The ambitious project aims to create more advanced AI technologies that will soon be able to exceed human abilities to learn and perform new tasks.

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