Chromia Partners with Chasm to Boost Decentralized AI
Chromia and Chasm Network use Chasm Network’s blockchain for data management to increase decentralized AI transparency. A technical collaboration between Chromia, a layer-1 blockchain platform, and Chasm Network aims to improve the accountability and transparency of AI systems. Chromia said in a press release on Monday, October 21, that as part of this partnership, it […]
Northern Data Explores Sale of Crypto Mining Arm
In order to concentrate on Artificial Intelligence solutions, Northern Data AG is considering selling its Peak Mining division. German-listed Northern Data, is an Artificial Intelligence infrastructure business supported by stablecoin issuer Tether to strengthen its position as a pure-play provider of AI solutions. The Frankfurt-based company stated in a press release on October 21 that […]
FCA Defends Crypto Stance to Combat Illicit Activities
Citing the need to safeguard financial integrity, the UK FCA justifies its strict registration requirements for crypto firms. The U.K. Financial Conduct Authority addresses worries that these strict regulations may stifle innovation in the sector by restating its dedication to a stringent registration procedure for cryptocurrency enterprises. The FCA’s head of payments and digital assets, […]
Bitfinex Invest in Plasma to Revolutionize Global Payments
Bitfinex has invested in Plasma, a decentralized financial infrastructure platform that focuses on Bitcoin and facilitates payments using real-world assets. On October 18, the Bitfinex team revealed via X that it had invested in Plasma to support the growth of Tether adoption on Bitcoin. A blog post introducing Plasma claims the company is considering offering […]
BlackRock Eyes BUIDL for Derivatives Crypto Exchanges
BlackRock is attempting to get BUIDL, its digital money market token, utilized as collateral in Bitcoin derivatives transactions. According to people with knowledge of the conversations, the business is “in talks” about the prospect with significant cryptocurrency exchanges like OKX, Deribit, and Binance, Bloomberg reports. BUIDL is a token with a minimum commitment of $5 […]