Kenya, in partnership with the United Nations Development Program (UNDP) and Microsoft, has established the Africa Centre of Competence for Digital and AI Skill. This center aims to equip public sector employees with digital and AI skills to improve service delivery across Africa. It aligns with Kenya’s National Digital Master Plan and focuses on topics […] Source CryptoX Portal
Ripple has been named a Platinum Winner for Best Cross-Border Payments Platform in Juniper Research’s 2024 Future Digital Awards for Fintech & Payments. Other winners included Huawei for mobile money, SAP Fioneer for banking-as-a-service, and Paymentology for embedded finance, highlighting a year of varied fintech advancements. Ripple Wins at 2024 Future Digital Awards Juniper Research […] Source CryptoX Portal
Crypto mining giant Marathon Digital has been sued by residents of Granbury, Texas, over noise pollution, which locals claim harms their health and disrupts their daily lives. A group of Grabury community members filed a lawsuit with the Texas State Court, Hood County, against Marathon Digital Holdings, Inc., alleging that the mining giant’s Bitcoin mine is causing “serious health and quality of life impacts” for those living nearby. According to the nonprofit environmental law firm Earthjustice, which represents the concerned citizens, at least two dozen locals have faced serious health…
Mayor Ward Roddam of Rockdale, Texas, sees bitcoin mining as the key to his town’s resurgence after the devastating closure of its largest employer, Alcoa. Comparing it to Texas’ oil boom, Roddam highlights how this modern technology is creating jobs, boosting revenue, and funding essential services. With over $1 billion in investments, bitcoin mining could […] Original
Swift will begin live trials for digital asset and currency transactions in 2025, engaging banks across North America, Europe, and Asia in a major step toward real-world applications. By leveraging its existing network, Swift aims to merge digital and traditional assets, addressing the challenges of disconnected platforms. The trials build on successful blockchain experiments, seeking […] Source CryptoX Portal
LOS ANGELES, Oct. 1, 2024 /PRNewswire/ — Spaceport, the leading innovator in unlocking the power of intellectual Property (IP) and user-generated content (UGC), today announced an exciting partnership with Own the Doge, the official custodians of the Kabosu “Doge” IP. Own The Doge is committed to giving back to charity whenever possible, just like their inspiration Atsuko Sato, the Dogemother. This collaboration not only helps spread that message by increasing the visibility of the Doge IP to new audiences on digital platforms like Roblox, Fortnite and more. It also helps…
Marathon Digital Holdings, one of the largest Bitcoin mining companies, reported a 5% increase in Bitcoin production for September 2024. The company mined 705 Bitcoin (BTC), raising its total holdings to 26,842 BTC, according to company postings. Marathon also reported winning 207 blocks in September, a 6% increase from the previous month. The company did not sell any Bitcoin during the month, continuing its strategy of holding onto mined Bitcoin. Bitcoin mining is the process where powerful computers, known as miners, solve complex mathematical problems to verify transactions on the…
In the case of this pilot, which ran between June and July, the project created digital representations of gilts, Eurobonds, and gold to be used as collateral with greater transparency, faster transfers and around-the-clock, near-instantaneous settlements between parties, without the delays associated with traditional financial rails. Source
The Australian financial institution ANZ Bank has joined Project Guardian, a Monetary Authority of Singapore (MAS) initiative exploring the digitization of financial markets. In partnership with Chainlink Labs and ADDX, ANZ will investigate the interoperability of private blockchains for exchanging tokenized assets like commercial paper. ANZ aims to contribute to developing a stable, secure digital […] Source CryptoX Portal
The Bank of Russia has explained that the launch of the digital ruble, the Russian CBDC, will not affect the state’s mechanisms to control inflation or the amount of money issued. The institution clarified that the new currency does not pose risks to the country’s financial stability, and will not change the functions of the […] Source CryptoX Portal