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Amazon is prioritizing using artificial intelligence (AI) to enhance delivery speed by reducing the distance between products and customers. Speaking to CNBC on May 15, Stefano Perego, vice president of customer fulfillment and global operations services for North America and Europe at Amazon, said that artificial intelligence plays a role
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The United States Federal Reserve has announced a coordinated effort with five other central banks aimed at keeping the U.S. dollar flowing amid a series of banking blowups in the U.S. and in Europe.The March 19 announcement from the U.S. Fed comes only a few hours after Swiss-based bank Credit
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Sign up for Valid Points, our weekly newsletter breaking down Ethereum’s evolution and its impact on crypto markets.DISCLOSUREPlease note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.The leader in news and information on cryptocurrency, digital assets and the future of
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With the new outfit, Block Inc will now have a defined presence, not just as a promoter, but as a major stakeholder in the Lightning Network ecosystem. In its bid to drive the overall usability of the Lightning Network, American multinational payments firm, Block Inc (NYSE: SQ) has announced the establishment
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Software engineers and members of the development lab Ripplex want to create a cross-chain bridge for the XRPL network to bolster cross-chain transfers between different blockchain networks. According to a recent Github draft, the proposal outlines how the cross-chain bridge could function and suggests ways to prevent transaction replay. Ripplex Dev
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Blockchain company ConsenSys looks to integrate with facilitator HAL to attain a broader-based and seamless Web3 experience. ConsenSys recently acquired blockchain notification tool HAL for an undisclosed amount to facilitate Web3 development. According to reports, the HAL acquisition sees the no-code blockchain development tooling platform bring 10 employees to ConsenSys. In addition, HAL
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Apart from the Lunar New Year activities, the Chinese government has been taking steps to improve the use of its CBDC. During the Lunar New Year season, the Chinese government distributed millions of dollars worth of its central bank digital currency (CBDC). The Lunar New Year, also the Chinese New Year
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The Ethereum scaling network Optimism, which operates as a layer two (L2) network, announced plans to upgrade its network in March. The upgrade, named “Bedrock,” aims to increase transfer speed, lower fees, and enhance compatibility with the Ethereum Virtual Machine (EVM). The Optimism Foundation stated in its proposal, “The Bedrock
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Kazakhstan, one of the world’s biggest Bitcoin (BTC) mining destinations, issued a consultation paper to gauge public interest in proposed amendments to improve the cryptocurrency trading framework.The policy paper, released on Jan. 27, was laid down by the Astana Financial Services Authority (AFSA), a Kazakh regulator. The AFSA pointed out that the Astana International Financial
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Privacy has been a big concern for the Ethereum ecosystem, given that transacting on the blockchain is public. There are already some privacy mechanisms. One notable example, Tornado Cash, has limits, Buterin noted, saying it can only hide “mainstream fungible assets such as ETH [ether] or major ERC-20s.” Source
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