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Bridging Real and Virtual Economies

In an era where decentralized finance (DeFi) promises revolutionary, permissionless, and credit-check-free access to financial services, the limitations to its application lie in the narrow range of digital assets it encompasses. But industry pioneers are working to widen its scope by introducing real-world assets (RWAs) to the digital realm. For instance, in collaboration with the Hong Kong Monetary Authority (HKMA), Ripple is embarking on a research project to try and tokenize real estate. This venture was made public about seven weeks ago as part of a broader initiative, the digital

Tokenovate and GMEX ZERO13 Enable Execution of World’s First Smart Legal Contract for Voluntary Carbon Credit Derivatives Trades using ISDA Definitions.

BSV Blockchain based smart legal contract powers successful trade execution and settlement. London, May 31, 2023 - Tokenovate, a financial services company providing distributed financial market infrastructure (dFMI) enabling programmatic lifecycle event management of the pre-trade to post-trade workflow for OTC and Exchange traded derivatives, and ZERO13, a GMEX Group initiative, providing a digital climate fintech aggregation ecosystem announce the successful execution of the world's first smart legal contract for voluntary carbon credit (VCC) derivatives trades referencing the 2022 ISDA (The International Swaps and Derivatives Association) Verified Carbon Credit Transactions

GroundUp Studios Launches Creative Council of Producers to Accelerate Web3 Music and Art in Asia

Award-winning producers Derrick Sepnio, Fergus Chow and Jae Chong join Creative Council - with more to come Creative Council's main goal is to support member community in their music career development Producers aim to share professional tips on the music industry; provide insights and mentorship on music creation and production; identify and recruit member artists for potential collaborations and more HONG KONG, May 17, 2023 - (ACN Newswire) - GroundUp Studios, a forward-thinking, web3-focused music label today announced its Creative Council of professional veterans in the music industry, to accelerate

GroundUp Studios Launches in Hong Kong to Re-imagine Music & Art in Web3

Music label to establish a borderless community for web3 enthusiasts, musicians and artists to connect, socialize and collaborate on extraordinary multimedia art projects Use of blockchain and NFT technology unleashes artistic creativity; more equitable compensation for artists; and new opportunities in music distribution, licensing Core management team led by award-winning songwriter, recording artist and brand marketing veteran Adrian Fu, alongside seasoned professionals in entertainment, brand partnerships, technology infrastructure and fintech NFT membership access pass planned within 1H 2023 HONG KONG, May 11, 2023 - (ACN Newswire) – GroundUp Studios, a

Crypto Chaos

Despite the second-largest bank failure in US history, the Federal Reserve continued its interest rate hike strategy last week. This caused markets to react by pricing in continued monetary tightening, pushing back their expectations of rate decreases to 2024. Some have perceived this move as necessary to combat inflation, even if it comes at the cost of breaking the banking sector. Unfortunately, this sober outlook suggests that the rest of the year may be marked by more sideways action in the markets rather than a steady recovery. Meanwhile, in the

TruthGPT A Revolutionary Language Model Set to Change the Game

In recent years, natural language processing (NLP) has become a buzzword in the world of technology. With the increasing demand for AI-powered chatbots, virtual assistants, and content creation tools, companies are investing heavily in developing more advanced NLP systems. However, with the help of TruthGPT, the future may offer some light on the capabilities of biased AI models, despite their ability to sow social discontent, promote cultural differences, and create barriers around a more friendly and inviting globalized civic society. The Fate So Far: The Rise of Artificial Intelligence Chatbots

PreIPO® Chosen to raise $250M for SPiCE Fund II, shortly after SPiCE Fund I named leading VC fund of 2022 in Blockchain Ecosystem.

PreIPO®, a leading provider of innovative financial technology solutions, is pleased to announce a new partnership with SPiCE VC. This partnership will enable PreIPO® to further expand its offerings and bring cutting-edge financial technology to a broader market. SPiCE Fund I has yielded a market leading 50.7% IRR and we are pleased to announce the offering of SPiCE Fund II. SPiCE VC has been deemed the best Venture Capital Fund of 2022 in the blockchain and tokenization ecosystem. Through this partnership, SPiCE Fund II will be featured on the PreIPO®