Dfinity, Cambodia agree on advancing smart city innovation

The Swiss-based backer of the Internet Computer Protocol will provide training and entrepreneurial support as well as decentralized computing.

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INTERNET COMPUTER PRICE ANALYSIS & PREDICTION (September 11) ICP Rejects $9 After Charting 14% Weekly Gains, Will It Breakthrough?

Since the market recovered from Julys low, ICPs price has remained in range-bound while finding it difficult to break lower. It just rejected a key resistance after charting a notable gain in the past five days. Following Julys rejection at $11, ICP rolled back gains but managed to stay firm […]

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INTERNET COMPUTER PRICE ANALYSIS & PREDICTION (August 29) ICP Bounces To $8 Amid Bearish But Can It Push Higher?

This week started a bit ugly for ICP but the price is looking strong today following a small increase from a temporal support level yesterday. However, the overall market remains bearish as it charges for gains. Since ICP found solid ground in early July, the $5.8 level has remained firm […]

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ICP project achieved a first by hosting fully onchain AI model

An AI company deployed OpenAIs GPT-2 on the ICP blockchain aiming to test new ways to train, maintain and deploy AI models. 

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HKMA Issues Alert on Fraudulent Websites Impersonating Dah Sing Bank

The HKMA warns the public about fraudulent websites and internet banking login screens mimicking Dah Sing Bank, urging vigilance and caution. (Read More)

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United Nations, ICP launch digital credentials pilot in Cambodia

The UNDPs Universal Trusted Credentials will get its second trial in Cambodia. The plan is to create a 10-country ecosystem.

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Bitcoin price advance toward $68K sets a bullish path for SOL, ICP, GRT and BONK

Solid inflows into spot Bitcoin ETFs reflect investors' bullish sentiment, and this could push SOL, ICP, GRT and BONK.

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FHE and confidential computing will unlock $1T in crypto capital

Confidential computing could be the fourth layer of blockchain technology, which was the missing element for mass institutional adoption.

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INTERNET COMPUTER PRICE ANALYSIS & PREDICTION (July 14) ICP Signals Bullish After Months of Decline, Up 18%

ICP appeared strong again after experiencing a ten-day lift from a key level. It increased by 13% in the last 24 hours and is now looking poise for a bullish move following a slight break out of a resistance line. Following a deep correction that collapsed the market by roughly […]

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Internet Computer Protocol promotes blockchain engagement in Africa

ICPs DecaHack event highlighted the transformative potential of blockchain and the importance of nurturing talent in the sector.

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Hong Kong Monetary Authority Issues Warning on Fraudulent Banking Website

HKMA alerts public to fraudulent website linked to China CITIC Bank. (Read More)

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Aethir, MetaGravity partnership boosts scalable DePIN gaming development

The partnership aims to simplify and scale gaming development using DePIN technology, enhancing accessibility and efficiency.

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DePINs are a proven path to crypto mass adoption XYO co-founder

XYO co-founder Markus Levin argues that DePINs can make AI more trustworthy, empower users and businesses alike, and usher in blockchain mass adoption.

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AI today is like the internet in 1988: Salesforce AI CEO

The AI industry could be on the brink of a significant breakthrough, according to Salesforce AIs Clara Shih.

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These 3 Companies Want to Offer "Stablecoin-as-a-Service" in Japan

NomuraHoldings, Inc., a global financial services group, and its digital assetsubsidiary, Laser Digital Holdings AG, have announced a strategic partnershipwith GMO Internet Group, Inc. to explore the issuance of Japanese yen (JPY) andUS dollar (USD) stablecoins in Japan.

Nomura and GMO InternetGroup Explore Stablecoin Issuance in Japan

Thiscollaboration aims to leverage each company's experience to provide a securestablecoin solution for the Japanese market. GMO Internet Group, through its USsubsidiary GMO-Z.com Trust Company, Inc., has a proven track record in issuingstablecoins on major blockchains such as Ethereum, Stellar, and Solana.

The companyoperates a digital currency management system supporting multiple technological platforms and monitoring features for currencytransactions and operations.

"Asstablecoins will inevitably play an important part in financial markets, Nomuraand its Digital Asset subsidiary Laser Digital are excited to partner with GMO, said Kentaro Okuda, the President and Group CEO of Nomura Holdings. Thisproject has the potential to greatly enhance digital asset accessibility andinnovation in the Japanese financial landscape."

Were excited to share the release from our group headquarters, GMO Internet Group, along with Nomura Holdings and Laser Digital. Full details about the press release: https://t.co/l95jvwhLzn#stablecoin pic.twitter.com/uWWK84GU4L

Thecollaboration between Nomura, Laser Digital, and GMO Internet Group will delveinto the various aspects of stablecoin issuance, including the creation,redemption, and circulation processes for both JPY and USD stablecoins.Additionally, the partnership aims to introduce a comprehensive servicedesigned to assist companies interested in issuing their own stablecoins.

Thisservice will encompass essential elements such as ensuring compliance withregulatory requirements, integrating the necessary blockchain technology, and seamlessly managing backend transactions.

As thedigital asset landscape evolves, the development of a stablecoin for use in theJapanese market will be key to expanding the accessibility and adoption ofdigital assets in Japan and beyond, commented Steve Ashley, the ExecutiveChairman at Laser Digital. "We're excited to explore this project and the stablecoin-as-a-service' solution."

Stablecoins,digital assets linked on a 1:1 basis with fiat currencies, merge the stabilityof traditional money with the benefits of digital technology, facilitatingquicker, less expensive, and clearer transactions. Stablecoin-as-a-Service (SCaaS) is a blockchain-based solution that enables businesses and institutions to issue, manage, and transfer their own branded stablecoins without the need for extensive internal research and development.

New Hires in Nomura and Laser Digital

Earlierthis month, Nomura unveiled plans to double its profits to over $3 billion bythe end of the current decade, aiming to refocus resources, particularly withinits wholesale division.

Meanwhile, the company also hired a new Chief Economistfor Developed Markets, hedge fund veteran David Seif. Previously, it hadappointed former Deutsche Bank executive, Hemish Shah, as the new Head of EMEAFlow Rates.

Additionally, Laser Digital, part of Nomura, further strengthenedits leadership by hiring Hideaki Kudo as the new Representative Director andHead of the newly established office in Tokyo.

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How the Public Internet Hinders Blockchain Technology: Insights from DoubleZero CEO

The internet is experiencing a bottleneck due to the increasing popularity of blockchain networks. This phenomenon, also known as “the public internet bottleneck,” has become a pressing issue as blockchain usage has doubled over recent years. Blockchain technology’s widespread adoption has caused a surge in network traffic, resulting in congestion and slower speeds on the [...]

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INTERNET COMPUTER PRICE ANALYSIS & PREDICTION (May 17) ICP Bulls Push Back After Short Pullback, Can They Sustain Pressure?

ICP is slowly picking up again after witnessing a huge reduction in the past weeks. Showing signs of strength in the past hours, the price is now up 15% following a sharp bounce off a key level this week. More gains lie ahead! The past month’s recovery appeared to have […]

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ICP Price Drops 10% As DFINITY Foundation Unveils Updated Internet Computer Roadmap

The DEFINITY Foundation, the company behind developing the Internet Computer protocol, has recently unveiled an updated roadmap to facilitate increased artificial intelligence (AI) blockchain adoption.  As the native token of the network, ICP continues to lead among AI tokens and holds the 22nd position in the top 100 cryptocurrencies. However, recent price drops have prompted the Foundation to focus on key areas of development to revitalize the token’s price action and further advance the protocol’s capabilities. Internet Computer Roadmap The highlighted aspects of the roadmap outline two critical steps called “milestones” in the Internet Compute platform domain: Tokamak and Stellarator. Tokamak focuses on reducing latency by maximizing the block rate of each subnet and introducing a new synchronous ingress submission endpoint.  Related Reading: Shiba Inu Price Makes Decisive Move: Is Now The Ideal Time To Buy? Stellarator, on the other hand, will reportedly increase the storage layer, enabling subnet blockchains to host over 1TB of canister smart contract storage while improving the efficiency of the consensus layer. The DEFINITY Foundation aims to integrate AI capabilities as smart contracts on the Internet Computer protocol to address the resource-intensive nature of AI training and inference.  The Cyclotron milestone outlined in the roadmap will increase on-chain inference for larger AI models through performance improvements in the WebAssembly runtime and inference engine. The Gyrotron milestone, on the other hand, explores the integration of AI-specialized subnets with GPU support, enabling computeand memory-intensive computations on-chain. ICPs Interoperability With Bitcoin, Ethereum, And Solana ICP’s Chain Fusion technology will allow direct interoperability with major blockchains, including Bitcoin, Ethereum, and other Ethereum Virtual Machines (EVMs). Nonetheless, the roadmap introduces several milestones to expand interoperability.  Tritium milestone enables ICP to interact with Ethereum and EVM smart contracts, facilitating cross-chain communication. Deuterium milestone extends Chain Fusion support to emerging Bitcoin protocols.  Interestingly, the Helium milestone aims to increase Chain Fusion for the Solana network, enabling decentralized applications (dApps) leveraging the capabilities of both networks. Related Reading: Whale Watch: Ethereum Fresh Buy Signal Sparks Speculation Next, the Solenoid milestone decentralizes the operation of the ICP boundary nodes, empowering the network’s participants. The Levitron milestone provides visibility into the Internet Computer’s edge infrastructure, allowing developers to gain insights into dApp usage patterns and generate user statistics. Lastly, ICP will incorporate two governance systems: the NNS (Internet Computer’s DAO) and the SNS framework governing individual dApps. Tokenomics incentivizes voting participation and aligns DAO decisions with long-term interests. These governance mechanisms will allegedly ensure decentralized decision-making and community involvement. As of the current press time, the price of ICP has experienced a significant increase of 120% year-to-date. However, it is currently trading at $12.05, 98% lower than its previous all-time high (ATH) of $700 achieved in September 2023.  Once implemented, the impact of the roadmap on the cryptocurrency’s price and its potential to regain bullish momentum and drive adoption for various use cases remain to be seen. Featured image from Shutterstock, chart from TradingView.com

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Internet Computers Multi-Chain Tokens to Flow Across Bitcoin, Solana and Base

Dominic, responsible for building the Internet Computer (ICP), has teased a major announcement. ICP tokens will be able to exist in “trustless twins” on multiple blockchains, such as Bitcoin, Solana and even the Coinbase-backed Base network. This new cross-functionality feature would grant liquidity access to ICP tokens and DEXes of other chains, boosting utility and reach. […]

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Sodexo Drops NFTs With a Twist: They’re for Employees, Not the Public

Major brands have been making interesting moves with NFTs, but here’s an example that’s decidedly different from the typical consumer-facing fare: a division of European food services and facilities management giant Sodexo just launched tokenized profile pictures (PFPs) for all of its employees. Sodexo’s Benefits and Rewards Services’ (BRS) division, which recently rebranded to Pluxee, [...]

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