Lufthansa Airline Introduces NFT Loyalty Program to Passengers
Lufthansa, a major airline group in Europe, has launched its nonfungible token (NFT) loyalty program, enabling passengers to convert their flights into NFTs and redeem them for rewards such as miles and business lounge vouchers. On August 31, Lufthansa announced the Uptrip mobile application, a collaboration between the Lufthansa Innovation Hub, the airline group’s digital […]
4 Chinese Tech Companies Release ChatGPT-like AI Chatbots
After receiving government approval, four Chinese technology companies introduced their artificial intelligence (AI) chatbots for public use on August 30. Baidu, Baichuan Intelligent Technology, SenseTime, and Zhipu AI launched their chatbots less than two weeks after the government’s official AI legislation was enacted on August 15. Government sanction is required before the launch of AI-based […]
Stronghold Digital Seeks Permission to Burn Tires for Crypto Mining
Stronghold Digital Company is seeking approval from the Pennsylvania Department of Environmental Protection for using Tire Derived Fuel to generate energy for cryptocurrency mining at its industrial facilities. Stronghold Digital Mining, a crypto-mining company based in Pennsylvania, requests permission to generate up to 15 percent of its electricity at its Panther Creek plant in Nesquehoning […]
Binance Introduces ‘Send Cash’ Product in Latin America
Binance is growing its services in Latin America by introducing the “Send Cash” product, a new crypto-to-bank account payment solution that will facilitate crypto payments from nine regional countries. Binance announced on August 30 that it is collaborating with licensed transfer processing providers for its new “Send Cash” product, which enables users in nine countries […]
EOS Token to Start Trading on Japanese Exchange BitTrade
The EOS Network Foundation has secured regulatory approval for the EOS token in Japan, announcing it will start trading against Yen on the BitTrade exchange come September. Japan’s crypto regulator has whitelisted the EOS token, paving the way for the token to be traded against the Japanese yen on regulated exchanges. The EOS Network Foundation […]