SingularityNET (AGIX) gained 932% in the past 1 month
AGIX, the utility token that operates in the SingularityNET ecosystem, witnessed an impressive growth of up to 932% in the past 1 month. AGIX has become one of the leading assets in the Top Gainers on ONUS.
UK looks to launch digital pound by 2030, roadmap to be released soon
The Bank of England and the Treasury believe that the U.K. will “likely” need a digital pound amid declining cash usage.
According to the Telegraph, the Bank of England (BoE) and His Majesty’s Treasury will introduce a roadmap to build a central bank digital currency (CBDC) next week.
Australia releases plans to regulate Bitcoin and crypto
Australia has released the first step of its newly established multi-year plan to regulate Bitcoin and crypto.
The announcement notes three primary elements of a “multi-stage approach,” including “strengthening enforcement, bolstering consumer protection, and establishing a framework for reform.” subsequently establishing an industry that keeps consumers protected, to ensure, “true innovation can flourish.”
Indonesia to launch national crypto exchange by June 2023
The Indonesia crypto exchange that was to launch by the end of 2022 will now go live in June. Zulkifli Hasan, the Indonesian trade minister, announced it during the opening ceremony for Crypto Literacy Month on February 2.
The national crypto exchange acting as a custodian means managing assets flow and protecting the interest of buyers and sellers.
Samsung is collaborating with Google and Qualcomm on Metaverse hardware solutions
Samsung, a South Korean electronics manufacturer, has announced that it is developing its own metaverse and extended reality gadget, hinting at the possibility of a VR headgear in the near future.
The device will be produced in partnership with Google and Qualcomm, according to TM Roh, president of Samsung‘s mobile experience unit.
Highlights of the week
$TRX is expanding its A.I. strategy
$ADA based stablecoin Djed goes live on mainnet
$IMX launches Immutable Passport, an all-in-one solution
Retail giant Pick n Pay to accept $BTC in 1,628 stores across South Africa
Montenegro’s central bank teams up with $XRP on digital currency pilot project
Mastercard and $BNB to launch their second prepaid crypto card in Latin America
Google invests $300 million in Anthropic – an AI business
With Google’s $300 million investment in Anthropic, an artificial intelligence start-up, the battle against AI appears to have officially begun.
The Financial Times has stated that Google has invested in the startup with the objective of competing in the field of “generative AI“.
Number of smart contracts deployed on Cardano surpasses 5,000 as network grows
The number of smart contracts deployed on the Cardano (ADA) network has surpassed the 5,000 mark for the first time as the network keeps growing and the cryptocurrency market recovers.
According to data from Cardano Blockchain Insights, as Finbold reports, there were around 4,000 smart contracts on Cardano in early December, and the number has surged to surpass 5,000 as of now.
IMX whale doubled their holdings
According to Santiment, whale accounts holding between 1 million and 100 million IMX tokens gained holdings by more than 58% since November 22.
Data shows that his cohort has kept adding actively even at increasing price ranges.
Russia’s Sberbank plans to launch DeFi platform on Ethereum
Russia’s largest bank, Sberbank, is moving forward with the plan to launch its decentralized finance (DeFi) platform, preparing to trial the product in a few months.
Sberbank expects to launch open trials of its DeFi platform by May 2023, Sber’s Blockchain Lab product director Konstantin Klimenko announced, the local news agency Interfax reported on Feb. 3.