Thursday, November 21, 2024
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Enflame Technology Secures $273.7M in Funding Supported by Tencent and Shanghai Investors

Enflame, a company that was founded in March 2018, has already made significant strides in AI chip manufacturing. The company’s cloud chips have found applications in diverse sectors, including education, smart cities, and scientific research. Enflame Technology, a Chinese tech company specializing in artificial intelligence (AI) chip development, has announced the

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CFTC Commissioner plans to modernize investor protection with technology

CFTC Commissioner Christy Goldsmith Romero recommended regulators modernize its protection measures using technological advances as she warned that failure to do so would have a negative impact on American investors.Romero, speaking at the North American Securities Administrators Association’s annual meeting in San Diego, California, said that the government’s inability to

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G20 nations reaffirm responsible use and development of AI technology

As India handed over the G20 Presidency to Brazil, the member nations have committed to harnessing artificial intelligence (AI) technology in a responsible manner in addition to planning for a future involving crypto assets and central bank digital currencies (CBDC).The G20 leader’s declaration document highlighted technology’s role in bridging digital

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Artificial Intelligence, Digital Ledger Technology Could Lower Financing Costs, Transform Financial Markets: Moody’s

"DLT could improve financial market efficiency, modernize the payment system, and foster financial inclusion," Vincent Gusdorf, head of DeFi and digital asset analytics, said in a press statement shared with CryptoX. "The overall economic and financial effects of technological changes, including the policy and strategic changes they prompt, are likely

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London Stock Exchange Group Plans to Embrace Blockchain Technology for Operational Efficiency

Murray Roos clarified that the exploration of blockchain does not mean that the exchange is delving into cryptocurrencies like Bitcoin and Ethereum. The London Stock Exchange Group (LSEG), one of the oldest and most reputable stock exchanges in the world, is embarking on the integration of blockchain technology into its operations

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Coinbase’s Viral Blockchain App, Friend.tech, Keeps Focus on Underlying OP Stack Technology

PRICE OF POPULARITY: Coinbase, the big U.S. crypto exchange, is getting a fast education, as one of the first big publicly traded companies to run its own blockchain. Its new Base project, a layer-2 network atop Ethereum, just launched this month, and already one of its new applications, Friend.tech, has gone

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The Bipartisan Financial Innovation and Technology for the 21st Century Act (FIT Act) Is Landmark Crypto Regulation

However, as of late, the reaction from many in Congress has been one of increasing awareness and acknowledgment that the digital asset industry cannot simply be wished away. As cryptocurrencies and blockchain technology continue to gain traction and pose a practical and philosophical challenge to traditional financial systems, it becomes

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