Crypto News

Untangled Finance and Moody’s Ratings have completed a Proof of Concept to move credit ratings on-chain by testing a system to allow for decentralized access to Moody's financial data.The proof-of-concept, conducted on the Polygon Amoy Testnet, integrated Moody’s Ratings into Credio, Untangled Finance’s risk oracle. Using zero-knowledge proof (ZKP) technology, the system allowed credit ratings to be securely published, updated, and withdrawn on-chain while protecting proprietary information.“Our oracle solution ensures real-time data visibility and immutability while preserving privacy,” said Manrui Tang, co-founder of Untangled Finance, in a release.Bringing credit ratings on-chain could make risk assessment more transparent and efficient, allowing DeFi protocols and other blockchain-based applications to integrate real-time credit data without reliance on centralized intermediaries.This follows Untangled Finance's 2024...

NVIDIA introduces DGX Cloud Benchmarking to optimize AI workload performance, focusing on infrastructure, software frameworks, and application enhancements. (Read More)Source link

Coinbase is positioning its latest product as a safer way to engage with DeFi for both retail and institutional clients.Source link

NVIDIA introduces Isaac for Healthcare, an AI-driven platform for medical robotics, addressing challenges in AI model training, simulation, and real-time deployment. (Read More)Source link

Xapo Bank is revolutionizing bitcoin finance with a game-changing loan service—borrow up to $1M in USD without selling your BTC. Bitcoin-Backed Loans: A New Era of Crypto Credit Xapo Bank has introduced a bitcoin-backed loan service, enabling qualifying members to secure USD loans without liquidating their bitcoin holdings. The new offering, available through the XapoSource link