China Launches RealDID for Blockchain-Based Identity Verification of 1.4 Billion Citizens
China is taking a significant leap in digital identity verification by introducing the RealDID service, a blockchain-based initiative aimed at encompassing its 1.4 billion citizens. This announcement, made at a recent conference in Beijing, marks a crucial step in China’s ambitious plan to integrate blockchain technology into national identification systems. RealDID: China’s National-Level Decentralized ID […]
Coinbase Launches Project Diamond for Blockchain-Based Debt Instruments
Coinbase Asset Management has unveiled Project Diamond, a platform designed for institutional investors to issue and trade blockchain-based digital debt instruments. This initiative represents a significant leap in the integration of traditional financial assets with blockchain technology. Project Diamond, developed by Coinbase Asset Management and built upon its Ethereum scaling network, Base, comprises several integral […]
Astar Network Launches NFT Campaign for zkEVM Mainnet Release
Astar Network has unveiled an NFT campaign to mark the mainnet release of Astar zkEVM, an Ethereum layer-2 chain empowered by Polygon technology. Scheduled for the first quarter of 2024, this campaign is a celebration of the launch of the Astar zkEVM mainnet, developed using the Polygon Chain Development Kit (CDK). Celebrating Japanese Roots through […]
BlackRock Revamps Spot Bitcoin ETF
BlackRock, the world’s largest asset manager, has made a strategic revision to its spot Bitcoin exchange-traded fund (ETF) application, potentially transforming the landscape of cryptocurrency investment for Wall Street banks. This revised model aims to facilitate easier participation for banking giants, aligning with their regulatory constraints. New In-Kind Redemption “Prepay” Model BlackRock’s novel in-kind redemption […]
OverProtocol Gears Up for Mainnet Launch
OverProtocol, an innovative Layer 1 blockchain project, is making strides towards its mainnet launch slated for the first half of the upcoming year. Following a successful closed beta testnet, which saw participation from 15,000 applicants across 127 countries, OverProtocol is now intensifying its community engagement efforts. Successful Closed Beta Testnet and Community Airdrop Program The […]
Mistral AI Secures $415M in Funding to Rival OpenAI in the EU
Mistral AI, a French artificial intelligence (AI) startup, has made a significant stride in the tech world by closing a substantial funding round of around $415 million (€385 million). This financial boost positions the company as a potential European counterpart to the renowned OpenAI. The latest funding round, led by Andreessen Horowitz and Lightspeed Ventures, […]
FIFA Launches NFT Collection for 2023 World Cup
In a move blending the worlds of sports and digital innovation, FIFA (Fédération Internationale de Football Association), the governing body of international soccer, is set to release its own nonfungible token (NFT) collection in anticipation of the 2023 Club World Cup in Saudi Arabia. This launch, in partnership with blockchain firm Modex, represents FIFA’s foray […]
Conio and Coinbase Partnership: A Major Leap for Crypto in Italian Banking
In a landmark collaboration set to reshape the cryptocurrency landscape in Italy, Conio, a prominent cryptocurrency wallet company, has joined forces with Coinbase (COIN). This partnership, involving entities partially owned by Poste Italiane and Banca Generali, aims to integrate a broad spectrum of digital assets into Italian banks and financial institutions. Expanding Digital Asset Services […]