Day: February 21, 2023

Ankr partners with Microsoft to offer enterprise node services

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Microsoft has partnered with decentralized blockchain infrastructure provider Ankr to provide a novel node hosting service on the Microsoft Azure Marketplace. In addition, the partnership will see an integration of technology from both companies, pairing Ankr’s blockchain infrastructure with Microsoft’s cloud solutions. Per Ankr, the enterprise node deployment service will offer low-latency blockchain connections for Web3 projects so that developers can instead spend their time scaling their applications. The service relays transactions, deploys smart contracts and can read or write blockchain data. By upgrading its load balancer to use Azure-based…

Microsoft to Defend Activision at Upcoming EU Antitrust Hearing

Tech giant Microsoft wants to wrap up its pending Activision deal by allaying antitrust fears at an EU hearing. Microsoft Corporation (NASDAQ: MSFT) President Brad Smith will promote the proposed deal with Activision Blizzard (NASDAQ: ATVI) at an EU hearing. According to a Reuters report, Smith will lead a delegation of 18 senior executives at the closed hearing to try to convince EU antitrust regulators to allow the deal. These executives include Microsoft Gaming Chief Executive Officer Phil Spencer and Activision Chief Executive Officer Robert Kotick. Since Microsoft announced its intent in January last…

BTC Consolidates on Tuesday, Following 8-Month High – Market Updates Bitcoin News

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Bitcoin retreated from earlier highs during Tuesday’s session, as sentiment shifted following a move to a multi-month high. Prices surged to their highest point since last August earlier in the day, prior to a red wave sweeping through the market. Ethereum has also dropped, falling below $1,700. Bitcoin Bitcoin (BTC) fell from earlier highs on Tuesday, as momentum in cryptocurrency markets rapidly changed as the day has progressed. Following a high of $25,126.85 earlier in today’s session, BTC/USD has since gone on to fall to a low of $24,642.57. Tuesday’s…

Nio to Set Up 1,000 Battery-Swapping Sites in 2023

According to the Nio boss, 600 battery-swapping stations will be in urban locations, while the remaining 400 will be set up along highways. Chinese multinational automobile maker Nio plans to build 1,000 battery-swapping sites in China before the end of the year. The company’s founder and chairman, William Li, revealed the intention and target, meaning that Nio will have 2,300 battery-swapping stations by the end of 2023 if the plan is successful. This will also address a major fear among potential buyers of charging points. Many people have expressed concern…

Bitcoin active addresses ‘concern’ analyst despite 50% BTC price gains

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Bitcoin (BTC) still lacks the on-chain volume and active address increases which characterize bull markets, research warns. In a frank appraisal of the 2023 BTC price rebound, on-chain analytics platform CryptoQuant warned that Bitcoin may be weaker than it seems. Active addresses not copying bull market paradigm As on-chain metrics flip green and some even flash bull signals not seen in years, a healthy dose of suspicion remains among many analysts. CryptoQuant contributor Yonsei_dent is among them, writing in one of the platform’s Quicktake blog posts this week that 2023…

Nigeria in talks with NY-based company for revamp

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The Central Bank of Nigeria (CBN) continues to develop its central bank digital currency (CBDC), the eNaira, but this time it’s calling for backup. According to a Feb. 21 Bloomberg report, the CBN is in talks with new “technology partners” to develop a new and improved system to manage the eNaira. According to sources close to the matter, the Nigerian financial authority has discussed these plans with the New York-based technology firm R3. New software for the eNaria will be created to allow the CBN to have complete control over…