Crypto News

Why Sora is A Breakthrough in AI Video Generation?

OpenAI's Sora, a text-to-video generative AI model, marks a breakthrough in AI's ability to create realistic video scenes from textual prompts, with implications across creative industries and education. (Read More)Source link

Pantera Looks to Purchase Discounted Solana Tokens With New Fund: Bloomberg

Prices of Solana’s SOL are up nearly 600% over the past year, CoinGecko data shows.Source link

Entry of Tradfi Institutions Can Help Reshape User Perceptions Towards Crypto — Sami Start

The recent adoption of cryptocurrency by traditional financial (tradfi) institutions is likely to reshape user perceptions of this asset class and may even foster broader acceptance of blockchain technology, Sami Start, co-founder and CEO of the crypto trading platform Transak, has argued. Start added that the entrance of tradfi institutions into this market is likelySource link

Hong Kong’s Central Bank Announces New Wholesale CBDC to Support Tokenization Market

Project Ensemble will "seek to explore innovative financial market infrastructure (FMI) that will facilitate seamless interbank settlement of tokenised money," HKMA said.Source link

Is Ethereum a Security? SEC Chair Gary Gensler Defers on the Question

Pressed on whether the regulator viewed Ethereum as a security, SEC chair Gary Gensler said he would "defer on that question."Source link