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Dfinity Partners Blockchain Protocol SingularityNET to Launch Joint AI Initiative 

Aside from the integration of ICP into the SingularityNET protocol, the two companies plan to synergize their grant programs by merging the Deep Funding and DFINITY Developer Grant Programs. The Dfinity Foundation, a not-for-profit research and development organization, has partnered with SingularityNET, an AI-focused blockchain firm, to propel decentralized artificial intelligence

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Circle launches initiative to advance web3 innovation

On Sep. 29, USDC-issuer Circle launched Circle Research, an initiative to advance crypto, blockchain, and web3 innovation through open-source research.  Perimeter Protocol, an open-source standard for building tokenized credit markets on blockchain networks, is the first project by Circle Research.  The Perimeter Protocol aims to create a system of intelligent contracts and benchmarks for

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Justin Sun’s crypto initiative raises concerns for Huobi Global

Justin Sun’s stUSDT has quickly become a high-yield darling for crypto investors, amassing $1.8 billion in investments, but the project’s success brings both operational and reputational challenges for the affiliated Huobi Global exchange. In June, Justin Sun unveiled a new project that piqued the interest of crypto investors looking for high

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European lawmakers approve crypto tax regulatory initiative

European lawmakers overwhelmingly approved the DAC8 directive, empowering tax authorities to oversee and regulate cryptocurrency transactions within the EU. On Sept. 13, the proposal got 535 member votes in favor, only 57 against, and 60 abstentions. The DAC8 will enable tax authorities to monitor and regulate all cryptocurrency transactions conducted by

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Coinbase political initiative features US lawmaker who admitted to ethics violations

United States-based cryptocurrency exchange Coinbase’s latest push advocating for crypto holders to “speak directly to lawmakers” featured a House of Representatives member who previously acknowledged 11 ethics violations.As of Aug. 15, more than 54,000 individuals had signed on to Coinbase’s "Stand with Crypto Alliance" in an effort to engage with

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Ripple joins forces with BIS in cross-border payments initiative

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied The Bank for International Settlements (BIS) has introduced a cross-border payments interoperability and extension (PIE) task force, with Ripple, the blockchain-based digital payment network, being one of its notable participants. XRP, a cryptocurrency used by Ripple

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Aave, Radiant Among Firms Adopting Balancer’s 8020 Initiative for Tackling Lack of Liquidity in DeFi

In order to participate in protocol governance at the moment, token holders must stake the protocol's native token, which reduces the circulating supply and capital on decentralized exchanges. Under the new model, holders can stake Balancer Pool Tokens (BPTs), allowing them to take part in governance proposals while the underlying

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US President Unveils $42B Initiative for High-Speed Internet Initiative in America

White House infrastructure coordinator Mitch Landrieu emphasized that high-speed internet is a necessity in today’s society and should be accessible to every household in America. The incumbent and 46th president of the United States (US) Joe Biden has announced a high-speed internet initiative worth $42 billion in America. The scheme is his

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