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Search Results for: web3

Singapore DBS Bank Launches Blockchain Issued Government Grants Pilot

Blockchain technology has begun to see extensive incorporation in several fields over the past months. With increasing awareness of cryptocurrency and blockchain technology, other sectors are identifying ways of integration. Recently, Singapore-based DBS bank launched the pilot of its blockchain-based government grants.  Notably, the bank has immersed itself in blockchain

August 22, 2024 2 mins read

Planetarium Labs Opens Pre-Registration for Immortal Rising 2

Planetarium Labs has announced that it has opened pre-registration for Immortal Rising 2, the much-anticipated sequel to its highly successful Immortal Rising franchise. Following the triumph of the original title, which garnered over two million downloads and became the highest-grossing app in the simulation genre during its debut year, the

August 21, 2024 3 mins read

Abu Dhabi Proposes Regulatory Framework for Fiat Referenced Tokens

Abu Dhabi is taking significant steps towards regulating fiat-referenced tokens (FRTs), a specific type of stablecoin. The Financial Services Regulatory Authority (FSRA) of the Abu Dhabi Global Market (ADGM) introduced a proposed framework on August 20. It aimed at overseeing the issuance and operation of FRTs.  FRTs are digital assets

August 21, 2024 2 mins read

YeagerAI Secures $7.5M Seed Funding to Build First AI-Powered Intelligent Blockchain

YeagerAI has announced the successful completion of a $7.5 million seed round for its GenLayer, an AI-powered Intelligent Blockchain, which was headed by North Island Ventures. World-class web3 venture capital firms, such as Arrington Capital, Node Capital, Samara AG, DCF Capital, WAGMI Ventures, Magnus Capital, MH Ventures, BlockBuilders, TykheBlock, ZK Ventures,

August 21, 2024 3 mins read

io.net and Chainbase Forge Strategic Alliance to Advance AI and Blockchain

Decentralized compute network io.net and Chainbase, the AI-specialized omnichain data network, have established a strategic alliance. The two are currently exploring a number of synergies as they work toward the same goals of developing decentralized AI and data stacks and enhancing AI modeling. The distributed network of io.net, dubbed the Internet

August 20, 2024 2 mins read

Ethereum L2 Base Launches ENS Basenames Via Dutch Auction

Coinbase-developed Ethereum L2, Base, transforms Ethereum interactions with its new feature, Basenames, launching today. Integrating with the Ethereum Names Service (ENS) infrastructure, Basenames emerged as a “onchain building block that enables anyone to establish their identity on Base.” The strategy for launching Basenames involves the Dutch auction mechanism for users

August 20, 2024 2 mins read
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