Zug, Switzerland, October 11th, 2023, Chainwire Today, The Open Network Foundation (TON Foundation) announces their upcoming attempt to officially be named the world’s fastest blockchain, accredited by Guinness World Records. The public network performance test, which is scheduled for October 31, 2023, at 15:00 UTC, will demonstrate the reliability, scalability, and speed of The Open Network (TON) blockchain. TON Foundation will collaborate with Alibaba Cloud, amongst others, to set up 256 servers for validator nodes and start a separate TON blockchain…

Honda customers can now use Shiba Inu as a mode of payment. Solana token value could surge to $29.22 by the end of the year based on analyst projections. Tradecurve Markets could increase by 3,500% at launch FCF Pay recently announced a partnership with Honda; the platform supports Shiba Inu (SHIB) as a payment option, and this means that now anyone can use it at one of Japan’s largest car manufacturers.  In other crypto news, Solana (SOL) saw its latest…

Key takeaways Immutable has partnered with Amazon Web Service in a bid to push its gaming ecosystem higher. The blockchain firm is set to gain access to a vast pipeline of game studio leads and support, Immutable partners with AWS Blockchain firm Immutable announced via X (formerly Twitter) on Wednesday that it is now working with Amazon Web Service. The partnership will see the two entities work together to shape the future of gaming. #Immutable 🤝 @amazon Amazon Web Services…

Shiba Inu (SHIB) is facing a sharp decline in price and whale activity. SHIB’s decline is raising doubts about the meme coin’s future in a competitive crypto market. Memeinator, a new AI crypto project, aims to dominate the meme coin market with its MMTR token. In the volatile world of cryptocurrency, Shiba Inu (SHIB) has recently faced a dramatic decline, with its price hovering near yearly lows. SHIB’s struggles have raised concerns about its future in the crypto market. The…

Visa’s game-changing $100 million fund for generative AI ventures is not only reshaping the future of payments but also driving an uptrend for startups like InQubeta and The Graph. Visa $100M fund aiming at AI innovations Visa, a global leader in payments, has announced a significant move towards advancing artificial intelligence (AI) in the field of commerce and settlements. The company is establishing a new fund with a whopping $100 million allocation dedicated to investing in generative AI ventures. This…

Coins.ph and Circle say the partnership aims at improving the remittance landscape in the Philippines. The companies target cheap and near-instant remittances enabled by the USDC stablecoin. Philippine fintech company Coins.ph and Circle, the issuer of the USDC stablecoin, have announced a strategic partnership targeted at promoting USDC-denominated remittances in the Philippines. The companies want to drive further adoption of crypto remittances via the stablecoin for the more than 18 million Filipinos that use Coins.ph, per details in a press release published…

Radix teams up with Hacken for enhanced ecosystem security. Shiba Memu, a unique AI-driven meme token, is revolutionising marketing and interaction. Shiba Memu’s roadmap involves an ongoing presale, centralized exchange listings, AI marketing dashboards, and integration with decentralized apps. In a move aimed at fortifying the security of its ecosystem, Radix, a layer-1 smart contract platform, has partnered with Hacken, a trusted blockchain security auditor. Hacken will now take on the role of the primary security code auditor for projects…

Most individuals believe crypto is a good investment People are attracted to new technology Lack of trust in authorities turned people to crypto The cryptocurrency market’s popularity rose exponentially in the last decade or so. The difference is stunning if one looks at the market capitalization of the entire industry today and compares it with, say, ten years ago. So, knowing what drives people to invest in cryptocurrencies is interesting. Guess no more. A study by the Federal Reserve, called…

WOO Network repurchases 20 Million WOO Tokens from 3AC. Woo has also cancelled shares purchased by the Three Arrows Capital (3AC). The 20 Million tokens were sent to a burn address. Taiwan-based liquidity provider, WOO Network, has finalized a pivotal agreement with Three Arrows Capital (3AC) liquidators, marking a significant step in their mission to regain control of their financial future. Three Arrows Capital’s filing for bankruptcy in July 2021 was triggered by a financial meltdown driven by excessive leverage.…

Paul Tudor Jones expects a recession in the first quarter of 2024. He also expects the Israel-Palestine war to make stocks less attractive. Bitcoin has a history of doing well in the midst of political uncertainty. Bitcoin is still down 13% versus its year-to-date high but Paul Tudor Jones remains bullish as ever on the world’s largest cryptocurrency. Paul Tudor Jones expects BTC to do well in a recession The billionaire hedge fund manager is constructive on Bitcoin primarily because…