In a warming world, the transition from fossil fuels to renewable energy is heating up. Global capacity for renewable power generation is expanding more quickly than at any time in the last thirty years, according to the International Energy Agency (IEA). The agency predicts that by 2025, renewable energy will surpass coal to become the […]
Fetch AI Unveils $100M Program to Boost AI Development, FET Price Dips by 7.10%
Fetch AI, a leading project built on Cosmos, has revealed a groundbreaking initiative to bolster artificial intelligence (AI) development. Fetch Compute’s initiative will allocate $100 million to enhance developers’ tools, computing power, and training capabilities. The program is set to revolutionize the landscape of AI innovation by providing access to advanced Nvidia GPUs, including H200, […]
Blockchain’s Fate in the Doldrums as EV Markets Face Slow Growth
The blockchain industry has a lot of room to grow in the foreseeable future. By the end of 2027, the industry, which is predicted to bring in over $94.0 billion in revenue, will have served a variety of clients and industries. Nonetheless, the drawback for one of the market’s largest prospective clients can maintain pressure […]
Ripple’s Former Exec Takes Helm as CEO for Expansion amid Crypto Paradigm Shift
Former Ripple’s managing director Navin Gupta joins leading blockchain intelligence firm Crystal as chief executive officer (CEO). Navin Gupta has held leading roles at top firms including HSBC and CitiBank, and board member of the National Payments Corporation of India (NPCI). Ex-Ripple Navin Gupta Joins Crystal Blockchain as CEO Navin Gupta has been appointed as […]
Citi Hops on Blockchain Bandwagon While Exploring Tokenizing Private Markets
Banking giant Citi has tapped into blockchain technology to initiate the tokenization process in private markets. According to a statement released by the firm, it had partnered with Wellington Management and WisdomTree. The partnership was focused on completing a proof of concept on the tokenization of private funds. Citi tokenizes private equity on blockchain According […]
Just-In: Binance Labs Denies SkyArk Chronicles’ Funding Claims
A recent twist in the crypto world unfolds as gaming platform SkyArk Chronicles claims a $15 million funding round led by Binance Labs, only to face a swift denial from the crypto giant. The conflicting narratives surfaced on social media, with the original post deleted. Binance Labs refutes participation in the alleged funding, raising questions […]
UBS Launches Hong Kong’s First Investment-Grade Tokenized Warrant on ETH Blockchain
UBS AG has unveiled Hong Kong’s first investment-grade tokenized warrant on the Ethereum public blockchain network. The groundbreaking product, featuring a call warrant with Xiaomi Corporation as the underlying stock, marks a significant milestone in the realm of digital finance. Powered by UBS Tokenize, the bank’s proprietary tokenization service, this offering promises enhanced transparency, reduced […]
Public cloud vs. private cloud vs. hybrid cloud: What’s the difference?
It’s hard to imagine a business world without cloud computing. There would be no e-commerce, remote work capabilities or the IT infrastructure framework needed to support emerging technologies like generative AI and quantum computing. Determining the best cloud computing architecture for enterprise business is critical for overall success. That’s why it is essential to compare […]
Freechat Valuation Soars to $800M After Funding Round
In a groundbreaking move, the blockchain social platform, Freechat, has recently closed an impressive $80 million financing round, catapulting its post-money valuation to $800 million. Meanwhile, this significant funding will propel Freechat to fortify its Web3 features, emphasizing privacy, security, and user-controlled data. The aim is to construct a decentralized, open, and transparent global social […]
Google Cloud Bolsters Blockchain Innovation With Bitcoin Layer-2 Network Partnership
In a groundbreaking alliance shaping the future of blockchain, Google Cloud and Bitcoin Layer-2 Network MAP Protocol have joined forces to amplify innovation in the segment. Meanwhile, today’s announcement marks a pivotal moment as these tech powerhouses unite to propel blockchain applications into the mainstream for businesses of all sizes as well as for the […]