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Algorithmic crypto trading firm Wintermute is reportedly in discussions with Chinese giant Tencent and other investors to raise up to $300 million. Wintermute, a high-frequency trading and market-making firm in the crypto space, is in talks with multiple investors about…
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Chinese technology behemoth Tencent has completed a $15 million Series A funding round for Chainbase, an omnichain data network for web3. According to a press release shared with crypto.news, the funding round saw participation from notable investment entities, including Tencent…
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In an insightful conversation at Web Summit Qatar 2024, Dileep Thazhmon, CEO and Founder of Jeeves, discussed potential plans for the company’s expansion into Qatar by 2025. Reflecting on his personal connection to Doha, where he spent his childhood, Thazhmon…
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China’s Ministry of Industry and Information Technology (MIIT) has announced the formation of a working group aimed at setting standards for the metaverse. In a public notice on Jan. 19, MIIT stated that the metaverse working group was created to…
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Two China-tied brokers are planning to apply for a virtual asset service platform (VASP) license to offer services for retail clients. A new pair of financial entities with close ties to China plan to start offering crypto services in Hong…
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WeChat operator, Tencent, announced the launch of a new digital yuan smart contract enterprise credit solution platform. The new platform aims to bring a more convenient and efficient financing service for small and medium-sized enterprises. The project will use the…
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Tencent Holdings' cloud service provider, Tencent Cloud, has announced its interest and entry into web3.
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Due to the economic downturn, Chinese tech giant Tencent Holdings is reportedly ditching its plan to manufacture virtual reality (VR) gear and scaling back its recently assembled metaverse unit.
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E-verse sets the pace for Metaverse events as the Blockchain startup launches the first-ever Metaverse concert.
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Chinese technology giant Tencent recently secured a novel patent for a blockchain-based unknown person’s poster, according to local media outlet. Tencent Gets Approval for a Missing Person Poster on the Blockchain From the initial filing in December 2019 until the…
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The Chinese tech and entertainment giant, Tencent, has unveiled a specialized team to drive its Metaverse growth. Christened the Extended Reality Unit, the team will spearhead all metaverse-development efforts. The tasks include both software and hardware developments. The Official Unveiling…
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Chinese tech giant Tencent has continued its foray into blockchain technology by filing a patent for virtual concerts in the metaverse.
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As part of China’s plans to expand its digital currency testing, online banking platform MYbank, backed by Alibaba’s affiliate fintech giant Ant Group, has reportedly joined the digital yuan pilot program. China Reportedly Tapping Private Sector for Digital Yuan Test…
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Tencent, a leading Chinese technology giant that doubles as the world’s largest video game company have announced the launch of its blockchain accelerator program. Tencent says it plans to mentor 30 companies in three major areas of distributed ledger technology…
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Tencent, one of the largest Chinese companies, has announced its intent to create a digital currency research team to help the firm navigate their way in light of increased interest in the realm of digital currency and blockchain. The firm,…
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Libra’s troubles and downfalls often make headlines, but the potential impact of the system, if it’s allowed to ship, is greatly ignored. Chinese tech giant Tencent has acknowledged that Libra has the ability to genuinely threaten the global payment rails.…
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