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Pharma companies team up with DeSci to accelerate scientific research

Having emerged as a movement in the research community, Decentralized Science (DeSci) initiatives are progressing at a pace even big pharma cannot ignore. In fact, Pfizer is now the first pharmaceutical to vote on decentralized autonomous organization (DAO) proposals of German blockchain-based organization VitaDAO.The collaboration is part of VitaDAO's latest

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Here’s why crypto companies need to focus on embedded finance

A new study by DECTA highlighted the importance of embedded finance features in today's fintech world. With online shopping and digital payments becoming a norm, the study pointed towards some of the key drivers for a seamless experience for customers.Embedded finance is a new type of software distribution that works with financial

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Consumer Federation of California reattempts to regulate crypto companies

The Consumer Federation of California (CFC), a nonprofit advocacy organization working for consumer rights, sponsored a bill that seeks to license and regulate the activities of cryptocurrency exchanges.The legislation demanding regulatory oversight of crypto businesses — the Digital Financial Assets Law — was introduced by Assemblymember Timothy Grayson with the

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Fujitsu launches Web3 acceleration platform for startups and partner companies

The Japanese-based multinational tech company Fujitsu has announced the launch of a new platform designed to support Web3 developers worldwide. According to a report by the Fintech Times, Fujitsu’s Web3 Acceleration Platform seeks to provide a development environment, blockchain-based service APIs, high-computing technologies, simulations, AI, combinatorial optimization, for start-ups, partner companies,

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Nissan Buying Up to 15% Stake in Renault EV Unit as Both Companies Announce Redesigned Alliance

Nissan and Renault announced the total remake of the long-lasting relationship last month. Japanese automobile manufacturer Nissan and French multinational automobile producer Renault have revealed the details of their redesigned alliance. Per the agreement, the Japanese are buying up to 15% stake in Renault’s EV unit Ampere. At the same time,

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Matrixport Joins Growing List of Crypto and Blockchain Companies Letting Employees Go – Bitcoin News

The crypto firm Matrixport, led by former Bitmain CEO Jihan Wu, is laying off 10% of the company’s staff, according to reports published on Friday. Matrixport’s COO, Cynthia Wu, cited a “shift in the regulatory climate” and “industry-wide capitulations” as reasons for the layoffs. Matrixport Lays Off 10% of Staff as

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Paraguayan Bitcoin Mining Companies Hurt by Power Rate Hikes of Over 50% – Mining Bitcoin News

Paraguayan mining companies are taking a hit to their profitability due to the steep power fee hikes the government has established for cryptocurrency mining activities. According to reports from Braiins Mining business developer Nano Grijalba, after the veto of the crypto law, the change in power fees makes mining hosting

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