Polygon Executive Colin Butler Touts RWA Tokenization as Crypto’s Killer App
Butlet says that technology slashes costs and settlement times, making it hard for traditional finance to overlook. He also emphasized that tokenization unlocks new business models for financial institutions, once limited by tight margins and competition.
AI Companions (AIC): Revolutionizing digital relationships with AI, blockchain, and VR
AI Companions has already generated strong initial interest, achieving impressive early milestones in its launch week, but the platform is still in its early stages, with numerous developments, partnerships, and growth opportunities ahead.
MicroStrategy Plans $700M Note Sale, Doubles Down on Bitcoin Strategy
MicroStrategy, led by Michael Saylor, is the largest corporate Bitcoin holder with 244,800 BTC valued at $14.2 billion.
Government of India Launches Vishvasya-Blockchain Technology Stack To offer Blockchain-as-a-Service
MeitY also unveiled the NBFLite-Lightweight Blockchain Platform, Praamaanik – an innovative blockchain-enabled solution for verifying mobile app origin and National Blockchain Portal.
Huma Raises $38M to Hyper-scale its Payment Financing (PayFi) Network
With this funding, Huma plans to expand its PayFi network to the Stellar smart contract platform and Solana, ensuring accessibility across major payment-focused blockchains.
India’s FIU Likely to Approve Two More Foreign Crypto Exchanges Soon
After approving Binance and KuCoin, the FIU has received applications from four other exchanges, and at least two are likely to be allowed to operate by the end of FY25.
Crypto Hacks Surged in August, Over $313M Lost in Multiple Attacks
The two largest incidents, both involving phishing attacks and unauthorized transfers, accounted for a staggering 93.5% of the total stolen funds, totaling $293.4 million.
Telegram Held $400M in Digital Assets, Generated Major Crypto Revenue in 2023
A substantial 40% of the company’s revenue is linked to its “integrated wallet” and the “sale of collectibles,” both tied to cryptocurrency.
US AI Safety Institute Teams Up with OpenAI & Anthropic to Test New Models Before Public Release
The U.S. AI Safety Institute, working closely with its U.K. counterpart, will provide feedback to Anthropic and OpenAI on how to improve the safety of their models.
Crypto Startup Time.fun Raises $3M Seed Funding to Tokenize Creator Minutes
QUICK BITE Crypto startup Time.fun raises $3M in seed funding led by Brevan Howard Digital, with participation from Coinbase Ventures...