Circle Integrates Arbitrum to Web3 platform
Arbitrum, a layer-2 scaling chain, has been integrated into the Web3 infrastructure platform of Circle Internet Financial, as noted in a blog post on September 12. The blog post stated that the Web3 platform introduces USDC-centric programmable wallets, smart contract infrastructure, and gas-fee abstraction to Arbitrum. Arbitrum is the highest layer 2 in Ethereum, with […]
Northern Trust introduces Digital Carbon Credit Ecosystem
Northern Trust, a financial services corporation, has implemented an institutional carbon credit ecosystem on its Northern Trust Matrix Zenith digital assets platform. Northern Trust will serve as the custodian and record, transfer, and resolve digital carbon credit trades against “emission footprints” on the voluntary carbon market. Smart contracts on the permissioned blockchain generate legal agreements […]
Uniswap CEO Denies Allegations of Decentralized Financing Protocols
Hayden Adams, the CEO of the Uniswap protocol, denied allegations that Uniswap demanded payment from decentralized financing protocols for deployments on X. On September 12, the CEO of Uniswap Labs and Uniswap Foundation stated on the social media platform X that there are no fees associated with protocol deployments. Adams stated that protocol deployments occur […]
Global Emerging Markets Invests $50M in Music Startup Tune.fm
Global Emerging Markets has provided Tune.fm, a decentralized music streaming platform with $50 million in capital, bringing its total funding to $80 million. The new investment will ensure the liquidity of the protocol’s JAM token (JAM), utilized within the platform to compensate artists and users. LDA Capital, Alpha Token Capital, Block Alpha, Animoca Brands, The […]
US is 6 months Ahead of China on AI – Ex Google China Head
According to Kai-Fu Lee, the former president of Google China, Chinese artificial intelligence models are approximately six months behind those used in the United States. According to a Sept. 11 report by CNBC, Lee stated at the AVCJ Private Equity Forum in China that the less-advanced Chinese models are approximately 15 months behind their US […]