Platform Financial News

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Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com.

In late November 2022, the artificial intelligence (AI) chatbot ChatGPT made headlines worldwide, sparking much opposition to the technology. However, despite the initial pushback, the technology has continued to gain traction and see growing implementations. The latest example of this is the integration of ChatGPT into Binance Academy, the education platform of cryptocurrency exchange and blockchain developer Binance.

Lazerpay, a Nigerian start-up that was established in October 2021 by Emmanuel Njoku, Abdulfatai Suleiman, and Prosper Ubi, has decided to discontinue operations since it is unable to get sufficient finance. Njoku announced the news on April 13 through a message that he posted on Twitter. In the statement, he expressed his thanks for the relationships that were created and the influence that Lazerpay had on the cryptocurrency ecosystem. He went on to highlight that the new company had worked very hard to keep the lights on, but unfortunately, they had reached a point where they needed to close its doors.

Temenos has moved to prove its readiness to help banks, ensuring integration of its platform with multiple DLT-based technology stacks, successfully executing end-to-end retail CBDC use cases for commercial bank touch points. This includes central bank token issuance to commercial bank wallets, customer non-custodial wallet creation, CBDC conversion through orchestration of deposit account updates with on-chain transactions, and providing wallet access points for user-to-user transfers on-chain.First, it has worked with R3, which has seen its Corda private, permissioned distributed application platform tapped for a number of central bank and BIS CBDC projects globally.Secondly, Temenos used Hyperledger Besu, an opensource Ethereum client, run as a multi-node private, permissioned network, combined with a modified version of the Norgesbank CBDC sandbox, published by the Norwegian central bank.

Check out the companies making headlines in extended trading.

Disclaimer: The text below is a press release that is not part of  Cryptonews.com  editorial content.

Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com.

Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com.

Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com.

GameFi has been a hot topic in 2023, but strong early year performance by tokens in this vertical has flipped to bleed out price action with Gods Unchained (GODS) among the worst hit.

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As climate change begins to bite, nations around the world are desperately embracing emerging technologies that aim to tackle shifting weather patterns. 

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The highly anticipated AiDoge project launched its presale yesterday, with the AI-powered meme-generating platform raising more than $100,000 within its first 24 hours.

Ethereum layer 2 networks, including Optimism, Arbitrum, and Polygon, saw a surge in popularity in Q1 2023, according to a report from Web3 development platform Alchemy. The report, titled «Web3 Development Report,» cites data from Dune Analytics and shows that Ethereum users bridged over $635,000 worth of crypto assets to these networks from January to March, a significant increase of 44% over the fourth quarter of 2022 and 518% over the first quarter of 2022.

Tuesday April 25th, 2023 – The meme coin everyone is talking about, Love Hate Inu, has raised $6.8 million in its presale in the space of just seven weeks. 

Tuesday April 25th 2023 – Lucky Block Casino and Sportsbook has fully integrated LBLOCK crypto into its acclaimed gaming platform.

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Generative Ai technologies such as ChatGPT and Google BART are supercharging our understanding of on-chain data, market sentiment, and coin analysis - with unhinged power igniting a frenzy around AI-powered trading application and platforms.