press release PRESS RELEASE. After over a year of preparation and restructuring, decentralized and privacy-enabled AI organization Federated Learning Consortium (FLC) is set to launch as a for-profit ...
Tag: Consortium
Binance Organizes Crypto Consortium to Revive Trust in Blockchain Industry
Binance, the biggest exchange in crypto, seeks to revive trust in the industry after an onslaught of hacks and scams that ravaged its reputation last year. The company is helping bring together a con...
Pantera, Kraken, and Others Join Consortium for Injective Labs’ $150M Fund
The digital asset markets have been shaky in the past year, but the blockchain sector continues to scale as demand intensifies from both crypto-native as well as traditional institutions eyeing to lev...
Steel Stocks, Mining Giants React As China Iron Ore Consortium Enters Market
China is set to shake up the iron ore industry in 2023, with a Beijing-created consortium set to become the biggest buyer of the key ingredient in steel manufacturing as soon as next year. Mining stoc...
The ‘consortium DAO’ has leading web3 brands, The Sandbox, and more
The “Consortium DAO” comprised of some of the leading Web3 brands, including The Sandbox and Decentraland, will aim to foster inclusiveness, transparency, decentralization, and interoperability in the...
Japan’s largest mobile operator to establish Web3 consortium
NTT Docomo, Japan’s largest mobile operator with over $40 billion in annual revenue, partnered with multichain smart contract platform Astar Network to accelerate the Web3 implementation in the countr...
Philippines’ Globe Telecom Sells Cellular Towers For $340 Million To Macquarie-Backed Consortium
A Globe Telecom Inc. logo is displayed at the company’s shop in Manila, the Philippines, on … [+] Wednesday, Jan. 4, 2012. Philippine inflation eased to an 11-month low in December as gain...
Kraken joins consortium to build enterprise-grade liquid staking protocol
Liquid staking startup Alluvial has added the cryptocurrency exchange platform Kraken to its independent industry consortium, announcing it will be known as Liquid Collective. Kraken joins a growing l...
Kraken Joins Liquid Collective, Consortium Supports Liquid Staking to Institutional Investors
Crypto exchange Kraken has joined a consortium meant to support and build an enterprise-grade liquid staking protocol dubbed Liquid Collective. Alluvial, the operating company undertaking the protocol...
Consortium Backed By Billionaire Lucio Tan’s MacroAsia Wins $11 Billion Philippine Airport Project
Travelers wearing face masks queue at immigration counters upon arriving at Ninoy Aquino … [+] International Airport on March 10, 2020 in Manila, Philippines. Ezra Acayan/Getty Images A consorti...
Consortium trials sterling-backed stablecoin for Bank of England
A group of private companies known as the Digital FMI Consortium will trial cross-border payments using a sterling-backed stablecoin and provide its findings to the Bank of England. The DFMI is the UK...
UK consortium to test digital sterling payments and share findings with Bank of England
A United Kingdom-based tech consortium has announced plans to test cross-border payments and share recommendations with the Bank of England (BoE). In a press statement published on August 17, the Dig...
ExxonMobil-Led Consortium Bucks Oil Industry Trends In Guyana
The Liza Destiny FPSO operating in deep waters offshore Guyana. ExxonMobil I wrote a few days ago about a new study from Rystad Energy which illustrates the scope and global importance of the developm...
Manta Network Joins Forces With Web3 Consortium To Advance Zero-Knowledge Technology
Blockchain technology, albeit disruptive, has a few lingering problems that are holding it back from achieving mass adoption. Legacy blockchain networks often face criticism for their lack of scalabil...
ADCB Becomes a Part of UAE Trade Connect Fintech Consortium
UAE Trade Connect (UTC), a commercialized blockchain platform, has recently confirmed that the Abu Dhabi Commercial Bank (ADCB) has joined its consortium of prominent UAE banks utilizing its blockchai...
Lewis Hamilton and Serena Williams Broughton consortium
Chelsea’s stadium, Stamford Bridge is seen through trees in London on March 10, 2022, as Chelsea’s Russian owner Roman Abramovich was hit with a UK assets freeze and travel ban, throwing h...
Three other banks join the USDF consortium
Amerant Bank, ConnectOne Bank and Primis Bank have joined the founding members of the USDF consortium, consisting of New York Community Bank, Synovus Bank, NBH Bank, First Bank and Webster Bank, which...
BC Group, Archax, InvestaX Form Consortium on Security Tokens Globally
Eventually, the goal is to set up industry standards, but right now “there’s lower hanging fruit,” such as what technology, corporate governance, and AML/FATF characteristics of an i...
USDF Consortium Chair – Ashley Harris Talks To Us About The Future Of Stablecoins
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Consortium of U.S. banks looking to launch bank-issued stablecoin
A consortium of U.S. banks or “an association of FDIC-insured financial institutions” including New York Community Bank (NYCB), NBH Bank, FirstBank, Sterling National Bank, and Synovus Bank is set to ...
US Banks Form Consortium for a Stablecoin Launch
Four United States licensed banks formed a consortium to launch a bank-minted stablecoin, called USDF. This, according to them, will challenge the stablecoins that are mostly non-bank issued. Dubbed U...
U.S. Banks Form Consortium to Mint USDF Stablecoins
The USDF Consortium is an association of Federal Deposit Insurance Corporation (FDIC) insured financial institutions that launched on January 12th. The founding members of the consortium include New Y...
Consortium of U.S. Banks Proposes “USDF” Stablecoin
Key Takeaways A group of U.S. banks has formed the USDF Consortium, which has the goal of creating a bank-backed stablecoin. The Consortium says it wants to offer a “more secure” stablecoi...