Turbos Finance, a Sui ecosystem initiative, has presented a smart routing system designed specifically for the Sui-Move language. This is a first for a Sui DEX in production and a key innovation for capital-efficient swaps on the young network. Sui users must now wrap USDC on the source network in
June 6, 2023 2 mins read
Artificial intelligence (AI) technology is now in the hands of criminals, increasing the risk of deep fakes and malware. When it comes to improving and quantifying AI-driven cybersecurity solutions, OpenAI, the startup behind popular AI tools like ChatGPT and Dall-e, has set up a $1 million grants scheme. The AI
June 5, 2023 2 mins read
It seems that Jack Dorsey, co-founder of Twitter and current CEO of fintech startup Block, has backed Robert Kennedy Jr., a Democrat presidential contender who supports Bitcoin. On Sunday, he posted a video of an interview he had with Robert F. Kennedy, Jr., conducted by Fox News’ Harris Faulkner, with
June 5, 2023 2 mins read
In Dubai, a city synonymous with the future, a beacon of technological advancement is set to shine. The Global Tech Innovation Summit 2023 is scheduled for September 26–27, promising to be more than an industry event. It’s an incubator of ideas, a meeting ground for the minds shaping the future
June 5, 2023 3 mins read
There was a substantial increase in May of over 1,400 net installations of Bitcoin and cryptocurrency ATMs, despite a worldwide decrease in 2023. The number of crypto ATMs steadily declined over the first four months of 2023. While crypto ATM installations skyrocketed in countries like Australia, Poland, and Spain, bigger
June 4, 2023 1 min read
To better serve its customers, Brazil’s largest cryptocurrency exchange, Mercado Bitcoin, has obtained a payment institution license from the country’s central bank. Mercado Bitcoin now has the legal authority to provide its MB Pay fintech solution, which will include a crypto payments card and other digital banking features. The Central
June 4, 2023 1 min read
Web3 businesses battled for investment from Binance Labs in the highly acclaimed worldwide digital series Build The Block, and today zkPass was named the winner by Binance. The founding team of zkPass received the most votes during the seven-episode competition, which comprised 12 project finalists and was therefore given the top
June 2, 2023 3 mins read
The Formula One racing team Oracle Red Bull Racing has formed a cooperation with layer-1 blockchain protocol Sui Network. As stated in the press release, Sui Network has been selected as the team’s blockchain partner and will be collaborating with the organization to create innovative digital content for the group’s
June 1, 2023 1 min read
The QWAN Foundation is supporting the introduction of The QWAN, a gaming token that enables a decentralized economy for all players worldwide, and Banger has been onboarded to The QWAN Ecosystem as the first significant gaming platform. The QWAN is a native token for gaming platforms, as well as an
May 30, 2023 3 mins read
Any foreigners caught using cryptocurrency on the island of Bali as a form of payment would be “dealt with firmly,” the government has warned. At a news conference on Sunday to promote Bali’s tourist industry, Governor Wayan Koster warned that foreigners who use cryptocurrency for purchases or otherwise infringe the
May 29, 2023 1 min read