Sony Network Communications Invests $3.5M in Singapore Web3 Company Startale Labs to Explore Blockchain Technology Solutions

“I am excited to strengthen further our collaboration with Startale Labs, a company with advanced Web3 technologies and expertise. We have already been cooperating with Startale Labs by jointly hosting incubation programs, aiming to promote the development of Web3,” Jun Watanabe, President and Executive Officer of Sony Network Communications, said in a statement. Source link

CITD to Issue HK$100 Million Bonds Utilizing Blockchain

China Information Technology Development Limited (CITD) (HKEX: 8178), a leading technology company specializing in AI and cloud technologies, has announced its plan to issue HK$100 million worth of Bonds using distributed ledger technology (DLT). The proposed issuance aims to revolutionize the bond market by leveraging blockchain and smart contract technologies. The Bonds, with a maturity date set for June 27, 2053, will be documented using the Digital Ownership Token (DOT) standard and implemented through a binding Ricardian Contract. By incorporating all bond documents and smart contract codes into the Bond…

Regulatory Clarity and Crypto-Friendly Banks Fuel Blockchain Revolution

Surprise! Wyoming is the top-ranked U.S. hub. Many of CoinDesk’s Crypto Hubs 2023 criteria were measured on a national basis, so all of the U.S. hubs were hampered by a middling crypto regulatory score, a measure in the drivers category and the most heavily weighted criteria – 35% – of the total. This negative was partially offset by the highest crypto adoption score (another drivers criteria) in our sample, however. Given that the regulatory and adoption scores were based on countries, Wyoming broke from the U.S. pack with its high…

Tezos Blockchain Set to Become 8 Times Faster After ‘Nairobi’ Upgrade

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity…