Spain launches AI regulation agency in bid to become industry leader

Spain became one of the first countries in the European Union to establish its own task force for regulating Artificial Intelligence (AI). The Spanish Agency for the Supervision of Artificial Intelligence (AESIA) should guarantee, along with the national digital strategy, that the AI development in the country will be “inclusive, sustainable, and citizen-centered.” On Aug. 22, the Council of Ministers approved a Royal Decree, establishing the AESIA. The Agency will be formed by joint efforts of the Spanish Ministry of Finance and Civil Service and the Ministry of Economic Affairs…

1inch Launches DEX Aggregation Protocol On Base Network

Decentralized exchange (DEX) aggregator 1inch Network has announced the expansion of its operations to Coinbase’s Ethereum layer 2 (L2) network, Base.  1inch’s Aggregation And Limit Order Protocols Go Live On Base In a blog post published on Thursday, August 24, 1inch disclosed the deployment of its aggregation protocol and limit order protocol on the Coinbase-incubated Base network.  The project’s team stated that this action is in line with their goal to expand in the decentralized finance (DeFi) industry.  1inch will begin its operation by aggregating liquidity across 15 decentralized exchanges…

Num Finance launches Colombian peso stablecoin on Polygon

Argentina-based Num Finance has announced it has gone live with a n stablecoin pegged to the Colombian peso, the company announced Aug. 24 in an X post. The stablecoin — called nCOP — is an overcollateralized, Polygon-based stablecoin and is aimed at the remittance market.  Colombia receives over $6.5 billion a year in remittances, Num stated in a blog post. Remittances are one of the key use cases for stablecoin. The nCOP logo. Source: Num Finance The nCOP incorporates the “Num yield feature,” which allows user rewards to be paid…

Meta launches community-licensed AI coding tool to the public

Meta AI announced the launch of ‘Code Llama,’ a community-licensed artificial intelligence (AI) coding tool built on the Llama2 large language model (LLM), on Aug. 24. The new tool is a fine-tuned version of LLama2 that’s been trained specifically for the purpose of generating and discussing computer code. According to a blog post from Meta, Code Llama is split into several variants with one model fine-tuned for general coding in a number of languages (including Python, C++, Java, PHP, Typescript, C#, Bash and more). Other models include Code Llama Python…

Kresus launches curated marketplace for Polygon projects

Web3 developer KresusLabs announced the launch of Kresus Market, a curated marketplace that acts as a portal to Polygon projects, on Aug. 23.  Unveiling The #Kresus Marketplace: A Curated Marketplace To Explore What Polygon Has to Offer!https://t.co/PiYVx9kwUb The world of crypto can be overwhelming, so we made the Kresus Marketplace to make navigating it easier and more accessible! Let’s dig into it 1/5 pic.twitter.com/t4RTFAw3iH — Kresus: Crypto & NFT SuperApp (@Kresusofficial) August 23, 2023 KresusLabs has made its presence felt in the Web3 space throughout 2023 after closing a $25…

Unstoppable Domains launches instant messaging with XMTP

Unstoppable Domains (UD) has launched an instant messaging system for owners of Web3 usernames, according to an Aug. 23 announcement from principal engineer Aaron Quirk. Owners of .crypto, .wallet, .polygon or other UD-registered usernames can now message each other across most apps that use XMTP, including the UD iOS app and website, Coinbase Wallet, and Lens protocol apps such as Lenster and Buttrfly. The announcement clarified that the Android version of UD will not provide messaging at launch but will provide this feature soon. Unstoppable Messaging is here. Built on…

China launches blockchain-powered data exchange

During the 2023 Hangzhou Summit held in Hangzhou, China, a new data exchange powered by blockchain technology was unveiled by government officials. Over 300 enterprises, including Alibaba Cloud and Huawei, participated in the exchange’s debut. According to local news reports on Aug. 23, the new Hangzhou Data Exchange will facilitate the trading of enterprise information technology data using distributed ledger technology. Officials say the platform would ensure exchange trades are immutable and traceable. Chen Chun, director of the National Laboratory of Blockchain and Data Security, commented:  “[The Hangzhou Data Exchange]…

SEC may approve Ethereum futures ETF as DigiToads launches NFT game

In the crypto markets, things can happen very slowly and then all at once. An insider recently revealed that a US regulator could fast-track the approval of several futures products for Ethereum.  Currently, more than 12 futures products are on the pending list. However, the Securities and Exchange Commission’s (SEC) unexpected move on Ethereum futures exchange-traded fund (ETF) will likely see them all approved at once.  The expected capital influx to Ethereum (ETH) could boost its ecosystem, and analysts are confident this could also support ERC-20 tokens.  Popular decentralized finance…

Bitcoin spot ETF launches on Euronext, analysts expect more growth for this AI-centric altcoin

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Jacobi Asset Management’s recent introduction of a Bitcoin (BTC) Spot ETF on Euronext could bridge the gap between traditional finance and crypto, potentially unleashing a new era of investment possibilities. Amidst this development, InQubeta is fast rising. The artificial intelligence (AI)-centric altcoin appears to be capturing the imagination of tech enthusiasts and investors alike. The convergence of AI and non-fungible tokens (NFTs) can also open new avenues for innovation.  This article explores InQubeta’s growth potential while shedding light…

World Mobile launches on Google Play for customers in Australia, Canada, UK and US

Decentralized wireless (DeWi) network operator World Mobile announced the launch of its app on Google Play for users in the United States, the United Kingdom, Australia, Canada and Tanzania on Aug. 22.  The launch comes on the heels of a series of beta tests conducted in numerous markets typically considered underserved when it comes to mobile connectivity and availability, including Kenya, Mozambique and Nigeria. The World Mobile app is also currently available in Zanzibar. According to World Mobile, its DeWi services are meant to bridge the gap between major telecoms…