Hong Kong’s ZA Bank Expand Web3 Offerings to 80 Firms
Chinese online bank ZA Bank has disclosed plans to provide retail clients with cryptocurrency trading services using fiat currencies. Although he did not give a timeline, ZA Bank CEO Ronald Iu stated in an interview with the Hong Kong Economic Journal that the Hong Kong-based company eventually wants to start selling crypto trading services with […]
KyberSwap Lays Off 50% of Workforce After $54m Elastic Exploit
KyberSwap made a 50% reduction in staff in reaction to issues brought on by the Elastic exploit. Victor Tran, the CEO and co-founder of KyberSwap, said in an X post on December 25 that the Elastic hack caused the project to cut 50% of its staff and lose more than $54 million in customer payments. […]
India Set to Leverage AI to Forecast Severe Weather Issues
Head of the India Meteorological Department’s (IMD) climate research and services, K.S. Hosalikar, stated in a Reuters story that he anticipates AI-based climate models and advisories to help enhance forecasting. At the moment, supercomputers and mathematical models are used by the IMD to forecast. It claimed that using AI may produce weather data that is […]
Smart Contracts Explained: Blockchain’s Revolutionary Tool
This article offers an in-depth exploration of smart contracts, discussing their functioning, benefits, and potential impact. Smart contracts, an innovative technology leveraging the power of blockchain, have garnered considerable attention in recent years. Essentially, they are computerized transaction protocols that self-execute when the terms of a contract are met, effectively reducing the need for intermediaries […]
The Convergence of AI and Smart Contracts: What’s Possible?
This article we will explore the possibilities that emerge from the convergence of AI and smart contracts. Artificial Intelligence (AI) and Smart Contracts have been two of the most groundbreaking innovations of recent times. AI has revolutionized various industries with its ability to process and evaluate vast data. At the same time, smart contracts have […]