One of Germany’s largest banks, Landesbank Baden-Württemberg (LBBW), has announced plans to launch cryptocurrency custody services for institutional clients in the latter half of 2024. The move comes in response to growing demand from corporate customers seeking exposure to digital assets. LBBW will collaborate with Austrian crypto exchange Bitpanda to facilitate this offering. Bitpanda’s institutional-grade…
In the ever-evolving world of cryptocurrencies, Sapphire stands out with its unique journey and focus on bridging the gap between the digital and real economies. In this exclusive interview, DECENOMY founder Urs Schwinger sheds light on Sapphire’s past, present, and exciting future. 1. Can you elaborate on Sapphire’s history and the problem it aims to…
A jury in the Southern District of New York has found Terraform Labs and its co-founder Do Kwon liable for defrauding investors in a civil lawsuit brought by the United States Securities and Exchange Commission (SEC). The verdict, announced on April 5, 2024, marks a significant moment in the ongoing saga surrounding the dramatic collapse…
Telegram, the widely used messaging app boasting over 500 million users, has unveiled a groundbreaking update – in-platform advertising powered by Toncoin (TON). This move marks a significant shift for Telegram, introducing a new revenue stream while empowering channel owners with monetization opportunities. With the new advertising feature, businesses can now promote their products and…
Decenomy, a project focused on revolutionizing transactions through blockchain technology, has announced a groundbreaking update currently undergoing beta testing: The Dynamic Rewards System. This innovative system aims to create a more transparent, equitable, and sustainable network by dynamically adjusting block rewards based on key network metrics. Fine-Tuning the Reward Structure The core feature of the…
The United Nations General Assembly has endorsed a resolution on responsible AI development. This initiative signifies a growing international consensus on the need for safeguards as this powerful technology continues to evolve. The resolution, spearheaded by the United States and backed by over 123 countries, garnered unanimous approval. This level of support, including China’s participation,…
The world’s largest asset manager, BlackRock, is poised to officially enter the asset tokenization space with the launch of the BlackRock USD Institutional Digital Liquidity Fund. This move signifies a significant development for the blockchain industry, marking the first foray by a major financial institution into tokenized asset funds on a public blockchain. According to…
The Kingdom of Saudi Arabia is poised to become a major player in the global race for artificial intelligence (AI) dominance. The New York Times reports that the Saudi Arabian government is seriously considering the creation of a staggering $40 billion investment fund dedicated to AI technologies. This ambitious initiative, spearheaded by the country’s Public…
On March 13th, the European Parliament made history by granting final approval to the EU AI Act, marking a pivotal moment as one of the world’s first comprehensive sets of AI regulations. This legislation aims to ensure trustworthy, safe, and respectful AI within the EU, prioritizing both innovation and the preservation of fundamental rights, according…
MetaMask, a popular cryptocurrency wallet, is reportedly testing a revolutionary payment solution: an entirely on-chain card that integrates with the Mastercard network. This collaboration, if successful, could bridge the gap between the cryptocurrency world and traditional everyday purchases. According to a Monday report by CoinDesk, citing promotional materials and a testing platform, MetaMask is partnering…
