Salesforce CEO says LLM ‘upper limits’ reached, future of AI is agents
We’ve all “got drunk on the ChatGPT Kool-Aid” over the past few years said Salesforce CEO Marc Benioff.
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China Signs Agreement With Hong Kong Central Bank for Blockchain Push
Blockchain has received fresh endorsement from China in the form of a development pact with the de facto central bank of Hong Kong. In a news post on Nov. 6, the Hong Kong Monetary Authority (HKMA) confirmed it had signed a Memorandum of Understanding (MoU) with a subsidiary of the People’s Bank of China (PBoC).Central banks…

Australian stock exchange may consider listing tokenized real-world assets
The tokenized asset would need to be “appropriately backed” but could “absolutely” be listed in the future, said ASX chief information officer Dan Chesterman. The Australian Securities Exchange (ASX) is unlikely to directly list a cryptocurrency on its exchange but could consider an “appropriately-backed” tokenized real-world asset such as gold.Speaking to Cointelegraph, Dan Chesterman, the…

Hedera and Korea’s Shinhan Bank partner on KRW stablecoin pilot
A new proof-of-concept will be tested to send fiat-backed stablecoins between banks to reduce fees and transaction times on international payments. 839 Total views 14 Total shares South Korea’s Shinhan Bank and Hedera Hashgraph (HBAR) have completed a proof of concept that is designed to conduct international remittances using stablecoins on the Hedera Network.The new…

Microsoft Introduces Ethereum Proof-of-Authority Algorithm on Azure
Microsoft’s cloud platform Azure has introduced a proof-of-authority (PoA) algorithm on its Ethereum (ETH) blockchain product, according to a blog post Aug. 7. The new Ethereum network algorithm will reportedly allow a “more efficient” way of building decentralized applications (DApps) for private or consortium networks, where “all consensus participants are known and reputable.” In contrast…

VC Roundup: The rise of blockchain gaming, DAO management and asset tokenization
Bitcoin (BTC) and the broader cryptocurrency market have provided very little comfort in recent weeks, as macroeconomic headwinds and the implosion of the Terra ecosystem continue to reverberate. But, if we look beyond the immediate price action, we observe an industry that continues to grow and evolve, as well as attract sizable capital investments from…

Crypto Miners Dominate Top 10 List of Most Prolific Malware Threats
A global threat report has concluded that the three most common malware variants detected in April were crypto miners, according to a news release on May 14.Check Point Research said Cryptoloot, malware that uses the victim’s computing power to mine for crypto without their knowledge, was last month’s biggest threat. XMRig, open-source software which is…

DeFi TVL hits a record $157B as Ethereum competitors attract investors
Interoperability-focused projects that offer cross-chain bridges and lucrative liquidity mining pools are seeing an influx of funds right as DeFi’s TVL hit a new all-time high. 926 Total views 7 Total shares Altcoins and DeFi tokens have been on a tear for the last two weeks and as the end of August approaches many projects…

Indian police begin probe into alleged $270K cryptocurrency exchange scam
Another cryptocurrency scam in India has reportedly duped investors of hundreds of thousands of dollars. The operator of Delhi-based cryptocurrency platform Pluto Exchange is accused of duping 43 investors of more than $272,000.A local news outlet Millennium Post reported that the Economic Offence Wing of the Delhi Police has launched a probe against the operators…