August 25, 2023 By Sharan Kaur Phillora The 2023 Hangzhou Summit made headlines earlier this week as it introduced a groundbreaking blockchain-driven data exchange platform, marking the city’s progressive step towards the future of digital transactions. This initiative, launched in the High-tech Zone (Binjiang), promises to revolutionize the enterprise IT data trading landscape. Here’s what […]

August 25, 2023 By Anjali Kochhar A new report has showed that the collaboration of Artificial Intelligence and Blockchain technology has seen a remarkable growth in 2023 fuelled by the widespread adoption of cutting-edge technologies such as computer vision, machine learning (ML), and natural language processing (NLP) in the blockchain AI industry. According to the

August 24, 2023 By Anjali Kochhar In a surprising move, Hong Kong has granted its first licenses for retail cryptocurrency trading, bucking the trend of recent regulatory crackdowns on the digital asset sector. As other jurisdictions grapple with uncertain regulatory regimes and sweeping crackdowns, Hong Kong officials are betting on a new regulatory framework to

August 24, 2023 By Sharan Kaur Phillora The Intermediate People’s Court of Hangzhou City has sentenced a former prominent Chinese government official, Xiao Yi, to life imprisonment on charges of corruption and abuse of power.  Here’s what we know: Xiao, once an influential figure as a member of the Jiangxi Provincial Political Consultative Conference Party

August 23, 2023 By Anjali Kochhar Oman has unveiled its second major cryptocurrency mining facility, a state-of-the-art data hosting and crypto mining center, valued at over RO 135 million (approximately $350 million). The initiative, backed by Oman’s Ministry of Transport, Communications, and Information Technology (MTCIT), aims to propel the nation towards becoming a global hub for

August 23, 2023 By Sharan Kaur Phillora China is exploring the possibility of extending its controversial social credit system to the rapidly evolving metaverse, according to a recent report by POLITICO. This comes as the metaverse – a collective virtual shared space – is seeing a surge in global interest and development. Here’s what we

August 22, 2023 By Anjali Kochhar The generative AI market continues to impress, with Google Bard emerging as a standout player, utilising its capabilities to analyse cryptocurrencies like Shiba Inu (SHIB). Amid the prevailing sideways trend in the crypto market, Bard’s insights into SHIB’s potential future price during the next bull market have garnered attention. Forecasting

August 22, 2023 By Sharan Kaur Phillora The world-renowned beverage company Coca-Cola announced its first foray into the non-fungible token (NFT) realm with the launch of an exclusive NFT collection called “MasterPiece” on Coinbase’s Ethereum layer-2 network, Base.  The move marks one of the significant collaborations between major consumer brands and Base, signifying the growing

August 21, 2023 By Anjali Kochhar Li Lin, the founder of renowned cryptocurrency exchange Huobi Global, has reportedly taken up residence in an opulent mansion in Hong Kong, signalling the city’s ongoing efforts to establish itself as a major hub for virtual asset activities. The sprawling 11,692 square-foot mansion is situated within Kerry Properties’ prestigious Mont

August 21, 2023 By Sharan Kaur Phillora Sichuan, a southwestern province of China historically known as a prime crypto mining hub, is setting its sights on the burgeoning metaverse industry. Following the nationwide mining ban, the province is now determined to steer its energies towards metaverse development with a target to propel the industry’s worth