Tag: Platform

Caitlin Long’s Custodia Bank launches Bitcoin custody platform

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Custodia Bank, a cryptocurrency-friendly bank founded by Bitcoin advocate Caitlin Long, has launched its BT custody platform. The firm took to X (formerly Twitter) on Nov. 7 to announce the launch of Custodia Bank’s Bitcoin (BTC) custody service targeting businesses like fiduciaries, investment advisers, fund managers and corporate treasurers. The launch comes soon after Custodia Bank earned approval from the Wyoming Division of Banking to go live with the service, the announcement notes. Announcing the news, Custodia Bank emphasized that the platform is a non-lending bank built by Bitcoiners that offers…

OpenAI Unveils Platform for Custom ChatGPT Versions, Introduces GPT-4 Turbo

To make the product widely accessible for developers, OpenAI said the new model comes with a more affordable pricing structure than its predecessor GPT-4.  In a groundbreaking move, OpenAI has announced the launch of a cutting-edge platform that allows users to create personalized versions of the popular AI chatbot ChatGPT, which made history months after its debut as the fastest-growing consumer app. The company made the announcement during the DevDay conference hosted in San Francisco on November 6. No Coding Experience Needed According to the company’s blog post, the new…

Crypto data platform Glassnode sells Bitcoin tax software to Blockpit

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Cryptocurrency intelligence firm Glassnode has said it’s dropping crypto tax-related projects to focus on new solutions targeting institutional investors and decentralized finance (DeFi). Glassnode, on Nov. 6 announced the sale of its crypto-focused tax platform known as Accointing to the European crypto compliance provider Blockpit. The firms declined to disclose the size of the deal to Cointelegraph, only revealing that the transaction was a “multimillion-dollar deal.” “Glassnode will exit the crypto tax space with the sale of Accointing to Blockpit,” a spokesperson said, adding that the deal enables the firm…

Grimes’ collaboration with music platform makes 200+ AI songs available for creators

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The rapid emergence of artificial intelligence (AI) into the public sector has proven to be one of the biggest developments of the year on a global scale.  Major industries have been turned upside down by AI. In the creative sectors — the music industry in particular — AI is often seen as a double-edged sword: a creativity kickstarter and a thief in the night for copyright. However, the popular musician and producer Grimes has taken a different approach to AI. She was one of the first artists to be vocal…

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…

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…

How Banking Giant HSBC Is Using Blockchain Platform To Change The Gold Trading Game

HSBC Holdings Plc, one of the world’s leading bullion banks, has launched a blockchain-based platform to modernize the traditional and manual processes of the London gold market. The new platform tokenizes ownership of physical gold housed in HSBC’s London vault, offering a digital representation of gold bars for trading. A Modern Twist to Gold Trading: HSBC Tokenizes Physical Gold In an interview, Mark Williamson, the Global Head of FX and Commodities Partnerships and Propositions at HSBC, disclosed that their innovative system employs distributed ledger technology. This “cutting-edge” system uses digital…

Animoca Brands Acquires Web 3.0 Streaming Platform Azarus

Although the monetary terms of the acquisition were not disclosed, this is not the first time Animoca Brands would be investing in Web 3.0 game companies. Popular gaming giant Animoca Brands has announced its acquisition of Web 3.0 streaming platform Azarus as part of its metaverse gaming revolution. Animoca would be seeking to leverage Azarus’ cutting-edge technology in a bid to improve its Web 3.0 games streaming capabilities. Although the monetary terms of the acquisition were not disclosed, this is not the first time Animoca Brands would be investing in…