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Search Results for: crypto adoption

Arbitrum Paving the Way for L3s: Offchain Labs Co Founder

Layer 2 scaling solutions, like Polygon, Arbitrum, and Optimism, are improving different aspects of L1 blockchains, including decentralization, security, and interoperability. Meanwhile, Layer 3 networks, with their application-specific paradigm, are customizing trends and progress in the broader blockchain ecosystem. New paradigms and decentralized applications (dApps) are continually emerging in this

September 18, 2023 7 mins read

Cognigy Recognized as a Customers’ Choice for Enterprise CAI Platforms in Gartner® Voice of the Customer Report

DÜSSELDORF, Germany & SAN FRANCISCO–(BUSINESS WIRE)–#cognigy—Cognigy, the leader in Conversational AI, has been recognized in the Gartner® Voice of the Customer report for Enterprise Conversational AI Platforms as a Customers’ Choice with 98% of Cognigy’s customers willing to recommend Cognigy. In the recent Voice of the Customer report published by

September 18, 2023 3 mins read

Magic Eden Embraces Solana’s cNFTs Offering Affordable Option

As a more affordable and scalable approach to owning digital collectibles, Magic Eden, a marketplace for NFTs, has announced its support for Solana’s compressed NFTs (cNFTs). Compressed and held off-chain, cNFT data is what sets them apart from regular Solana NFTs. Since there are less costs associated with minting them,

September 16, 2023 1 min read

Swift Takes Strides in CBDC Interoperability

Swift, a global member-owned cooperative renowned for its secure financial messaging services, is making significant strides in its quest for Central Bank Digital Currency (CBDC) interoperability. In a notable development, Swift revealed on September 13 that three central banks are currently beta-testing its innovative CBDC connector solution. Simultaneously, 30 financial

September 14, 2023 2 mins read

KXVC Targets APAC With $100M Fund for AI, Web3 and Deep Tech Startups

The KASIKORN Business-Technology Group (KBTG), a tech division of KASIKORNBANK (KBank), has launched KXVC, a $100 million USD flagship fund aimed at global entrepreneurs in the fields of Deep Tech fintech, web3, and artificial intelligence with potential synergy in APAC. With a population of over 680 million people and a projected

September 14, 2023 2 mins read

Bitcoin Price Surge: Is $30K Within Reach Amid Rising Inflation?

Inflation in the United States surged to an annual rate of 3.7% in August, surpassing the consensus expectation of 3.6%, according to the latest Consumer Price Index (CPI) statistics released by the U.S. Bureau of Labor Statistics. This marks the second consecutive month of rising inflation, with the CPI rising

September 14, 2023 2 mins read

Evolving Web3 Investment Strategies and Trends: CoinSwitch Ventures

Venturing into the world of Web3 and blockchain technology can be a thrilling yet complex journey. Several countries and governments are standing out with their unique approaches to embracing innovation native to this groundbreaking tech space. At Coinfest Asia 2023, TheNewsCrypto met Parth Chaturvedi, Investment Lead of CoinSwitch Ventures, to

September 14, 2023 5 mins read

 Build Asset Management Debuts Bitcoin-Backed Private Credit Fund in Partnership with Unchained

 Accredited investors and institutions can now access a new private credit solution that holds short-duration, senior secured, over-collateralized consumer and business loans providing potentially attractive yield JEFFERSON CITY, Mo.–(BUSINESS WIRE)–#Bitcoin—Build Asset Management (“Build”), an investment manager focused on income and risk mitigation in public and private credit markets, announces the

September 13, 2023 7 mins read