Tag: Launches

Germany’s DZ Bank Launches Institutional Crypto Asset Custody Platform

DZ Bank’s current infrastructure makes it possible for the bank to take part in the exploratory phase of the ECB’s project testing the settlement of large-volume capital market transactions in central bank money.  Germany’s third-largest bank DZ Bank has launched a blockchain-based platform for the processing and custody of crypto assets. The platform will cater to institutional clients, offering them crypto securities the crypto bond from Siemens, which “DZ Bank subscribed to six months ago and which could now be transferred to self-custody.” “We assume that within the next ten…

Elon Musk’s xAI Launches Grok AI Chatbot to Rival ChatGPT

The chatbot currently does not have audio and visual capabilities. xAI stated that these will be added soon to enable broader applications such as real-time interactions and assistance.   Elon Musk’s artificial intelligence (AI) startup xAI has released “Grok” – an AI chatbot that can reportedly outperform ChatGPT-3.5 in several academic tests. In a November 5 post on social media platform X, Musk and XAI revealed that the purpose of the AI tool is to “assist humanity in its quest for understanding and knowledge.” Just released Grokhttps://t.co/e8xQp5xInk — Elon Musk (@elonmusk) November…

Elon Musk launches AI chatbot ‘Grok’ — says it can outperform ChatGPT

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Elon Musk and his artificial intelligence startup xAI have released “Grok” — an AI chatbot which can supposedly outperform OpenAI’s first iteration of ChatGPT in several academic tests. The motivation behind building Gruk is to create AI tools equipped to assist humanity by empowering research and innovation, Musk and xAI explained in a Nov. 5 X (formerly Twitter) post. Just released Grokhttps://t.co/e8xQp5xInk — Elon Musk (@elonmusk) November 5, 2023 Musk and the xAI team said a “unique and fundamental advantage” possessed by Grok is that it has real-time knowledge of…

Validation Cloud Launches Staking-as-a-Service Platform for Institutional Investors

Several key features of the platform make it ideal for institutional staking providers. For instance, it enables bulk validator deployment, allowing institutions to launch a large number of validators at the same time. Validation Cloud, a Web 3.0 infrastructure platform, recently launched a staking-as-a-service platform for institutional clients. This platform enables institutions to use multiple validators at the same time and earn rewards by automating smart contract activities. This staking service is non-custodial, which means it has no control over the assets staked. Key Features of the Validation Cloud’s Institutional…

Dune launches new AI to simplify crypto data queries

Dune Analytics launches DuneAI, enabling intuitive natural language crypto data queries for users. Leading web3 analytics platform Dune is venturing into AI with the introduction of new functionalities, including DuneAI, the Dune Data Hub and Dune Alert. According to its latest announcements, DuneAI will include features designed to simplify the extraction of crypto data insights. Leveraging a natural language processing engine similar to OpenAI’s ChatGPT4, DuneAI will allow users to gain crypto insights using chat functionalities without having to learn SQL commands. This will open the door for a broader…

Polkadot firm, dYdX launches on Cosmos while Everlodge investors are bullish

The crypto market rallied in “Uptober” as Bitcoin (BTC) soared as high as $35k. Altcoins like Polkadot (DOT) and Cosmos (ATOM) followed, seeing gains on the weekly chart. On the other hand, analysts are bullish on Everlodge (ELDG). Polkadot rises 4.33% Polkadot released around 99 million DOT into circulation on Oct. 24.  Despite this, DOT remains relatively firm partly because of the “Uptober” altcoin market rally.  Overall, in October, prices were firm. As of Oct. 30, DOT rose 4.33% and 5.32% on the weekly and monthly charts, respectively, reaching $4.32.…

MetaMask launches Blockaid’s enhanced security alerts for users

MetaMask collaborates with cybersecurity start-up Blockaid to launch a new security alert feature, elevating user protection against malicious threats. Crypto wallet application MetaMask is enhancing user safety with Blockaid-backed security notifications. The popular cryptocurrency wallet has implemented an innovative alert system designed to combat scams and cyber threats. Originating from the prestigious cyber intelligence Unit 8200, Blockaid is a security startup that recently secured $33 million in funding. In fact, Blockaid’s funding was secured on the back of naming MetaMask as one of its first clients. In collaboration with @Blockaid_,…

Saga Launches Pegasus Incentivized Testnet for Web 3.0 Gaming Ecosystem

The Pegasus Testnet has gone through various stages of rapid development in order to support Saga’s partners and innovators. Based on a report from Chainwire, Saga, a layer-1 protocol for Web 3.0 gaming, has announced the introduction of its Incentivized Testnet, which is known as Pegasus. This marks a major milestone for the project as it prepares for the full Saga Protocol V1 Mainnet that it plans to roll out in early 2024. Saga is a developers’ ecosystem that works best for Web 3.0 gaming. The company aims to help…

dYdX Chain Goes Live, Launches Bridge User Interface for Token Conversion

It appears that the dYdX Chain is ready to take up an active role in the decentralized finance (DeFi) sector. The dYdX Foundation may have just made a series of new announcements signaling the arrival of a new phase in the ecosystem. This follows after it announced the launch of its mainnet on October 30, with claims that Genesis Validators had created the first block of the chain, four days before. Having earlier released the Chain’s open-source software on October 24, dYdX also announced the deployment of a new Bridge…

Standard Chartered-owned crypto platform Zodia launches in Hong Kong

Zodia, the institutional cryptocurrency custody platform co-owned by British banking giant Standard Chartered, Japanese SBI Holdings and the financial firm Northern Trust, is expanding its services to Hong Kong. Zodia Custody is launching services in Hong Kong in response to growing demand for crypto from institutions, Zodia CEO Julian Sawyer said, according to a CNBC report on Oct. 29. According to Sawyer, the crypto demand in Hong Kong is mainly driven by institutional investors rather than retail customers, ideally matching Zodia’s crypto custody offering. He also mentioned that Hong Kong’s…