Collective Finance to Launch Its Public Tokens Sale on Binance Smart Chain

Participation in the Public sale is through the Collective Finance DApp and by navigating to the Presale Tab. Decentralized Finance (DeFi) protocol Collective Finance has announced plans to launch the public sale of its native token $CLF built on the Binance Smart Chain (BSC) network. As contained in a Press Release shared with Coinspeaker, the public token sale can be accessed with a 10% discount, setting a generally lowered barrier for more encompassing community participation. The Collective Finance protocol was designed as an innovative outfit that offers access and participation…

Federal Reserve confirms July launch for FedNow instant payment service

The United States Federal Reserve has confirmed a July launch date for its long-awaited instant payments system, seen by some as an alternative to central bank digital currencies (CBDCs) and stablecoins. The instant payment network will settle payments in seconds and can support transactions between consumers, merchants and banks. It does not rely on blockchain technology. It’s a significant step for the government as it is controlled by the Federal Reserve Bank, as opposed to Clearing House’s RTP network which is operated by a consortium of large banks.  @federalreserve @frbservices…

Openai’s GPT-4 Launch Sparks Surge in AI-Centric Crypto Assets – Altcoins Bitcoin News

Following Openai’s release of GPT-4, a deep learning and artificial intelligence product, crypto assets focused on AI have spiked in value. The AGIX token of the Singularitynet project has risen 25.63% in the last 24 hours. Over the last seven days, four out of the top five AI-centric digital currencies have seen double-digit gains against the U.S. dollar. An Overview of AI-Centric Crypto Asset Market Moves After GPT-4 Release On March 14, 2023, Openai launched the next iteration of deep learning and artificial intelligence (AI) with the release of GPT-4,…

Amazon Plans to Launch First Project Kuiper Internet Satellites to Space by Mid-2024

The Amazon Project Kuiper aims to offer high-speed internet to every part of the world. As Amazon (NASDAQ: AMZN) prepares to contend with Elon Musk’s SpaceX with Project Kuiper, the tech company plans to launch its first internet satellites into space before mid-2024. In its quest to provide broadband internet to global consumers, the company also intends to offer initial commercial tests of the satellite internet shortly after launching into space. Senior vice president of Amazon devices, Dave Limp, stated that the company will “definitely be beta testing with commercial…

Tassat blockchain to join FedNow service with B2B onramp as pilot prepares for launch

Blockchain operator Tassat announced March 14 that it will provide access to the United States Federal Reserve’s FedNow payment system. FedNow, which will launch as a pilot project later this year, will provide real-time, round-the-clock payment service. Tassat will serve as a business-to-business onramp for FedNow through a client-facing application programming interface (API), CEO Kevin Greene told Cointelegraph. Both the company’s interbank and intrabank services will provide FedNow access. The FedNow pilot is expected to begin in June or July with a small number of banks. The system will offer…

Polygon Labs partners with Unstoppable Domains to launch top-level domains

Polygon has launched the ability to create Web3 .polygon domain names in partnership with Unstoppable Domains. The offering will allow users to log into Web3 applications, make use of human-readable wallet addresses and create decentralized websites. The service will be available to an estimated 180 million users and 40,000 services across the Polygon blockchain ecosystem. Unstoppable Domains makes use of Polygon to mint decentralized domains with zero gas fees. Over 2.7 million domains have been registered on the Polygon blockchain to date. Users will be able to use .polygon domains…

Bitcoin surges past $24,000 on CME launch of BTC event contracts

On Mar. 13, American derivatives marketplace CME announced the launch of Bitcoin (BTC) futures event contracts. The exchange, which is fully regulated and has cleared administrative review, will henceforth facilitate cash-settled, daily expiring contracts tied to Bitcoin futures with a “lower-cost way for investors to trade their views on the up or down price moves of bitcoin.” Tim McCourt, global head of equity and FX products at CME Group, commented: Our new event contracts on Bitcoin futures provide a limited-risk, highly transparent way for a wide range of investors to access…

ATOM bulls watch closely as Cosmos interchain security prepares for March 15 launch

The Cosmos community has approved a vote to add “replicated security (RS)” to its chain, with 99.99% of votes in favor of the motion. The much-awaited upgrade is set to go live on March 15, 2023, with the v9-Lamba upgrade.  RS is the first version of Cosmos’s Interchain Security (ICS) feature, allowing blockchains in the Cosmos ecosystem to share validation resources for improved security. Only protocols approved by Cosmos governance will be added as consumer chains in the upcoming update. Eight consumer chains are potential candidates for selection, including Neutron,…

Lego Set to Launch Metaverse Initiative in Conjunction with Epic Games

Danish toy giant Lego is building on its metaverse push by partnering with gaming facilitator Epic Games to target digital markets.  The Lego Group is collaborating with gaming engine company Epic Games to launch a metaverse-driven initiative targeting digital markets. According to reports, the popular Danish toy company seeks to diversify its entertainment offerings portfolio with this joint initiative. The Lego-Epic metaverse project entails a sprawling virtual world driven by the American video game and software developer’s resources. According to the Financial Times, Lego is preparing to present details of its metaverse initiative with…

Meta to Launch Decentralized Social Network

The new text-based content app, codenamed P92, will be backed by ActivityPub – a decentralized social networking protocol. Meta Platforms Inc (NASDAQ: META), the parent company of Facebook and Instagram, has begun working on a unique decentralized social network. According to a Reuters report, the platform will be used to share text updates and has also been tipped to compete directly with billionaire Elon Musk‘s Twitter. Meta Seeks to Ensure Ease of Access by Integrating with Instagram The new text-based content app, codenamed P92, will be backed by ActivityPub – a…