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USD/ZAR forecast: rand outlook ahead of FOMC, SARB decisions
Forex

USD/ZAR forecast: rand outlook ahead of FOMC, SARB decisions

The USD/ZAR exchange rate fell for the second straight day after the strong South Africa inflation report. The pair retreated to 18.80 as traders now refocused on the upcoming Federal Reserve interest rate decision. FOMC and SARB decisions ahead The USD to rand pair retreated after South Africa published another red-hot inflation report. According to […]

  • March 20, 2024 07:43 AM PDT
  • Invezz
Algotech (ALGT) outshines Chainlink (LINK) with game-changing DeFi features, $2 million raised so far
Latest

Algotech (ALGT) outshines Chainlink (LINK) with game-changing DeFi features, $2 million raised so far

Due to Chainlink’s slow price movement, it is being left behind among DeFi tokens currently exploding in price. While the LINK price rose first, it has since stalled significantly while other coins continue to rise. It could be that investors are becoming wary that the project is not moving forward, and it’s possible this could lead […]

  • March 20, 2024 07:37 AM PDT
  • Invezz
Saudi Arabia plans $40 billion AI fund: report
Latest

Saudi Arabia plans $40 billion AI fund: report

Saudi Arabia is eyeing a $40 billion fund that will invest in artificial intelligence (AI) startups, the New York Times reported. According to the publication, the Saudi Arabian government, through its sovereign wealth fund the Public Investment Fund (PIF), is in talks with potential partners for the AI fund. Among financial firms the Saudi government […]

  • March 20, 2024 06:46 AM PDT
  • Invezz
Mamram Alumni Association launches Israel’s first blockchain incubator for early-stage ventures
Latest

Mamram Alumni Association launches Israel’s first blockchain incubator for early-stage ventures

The Mamram Alumni Association, a network for alumni of the Israeli Defense Force’s Center of Computing and Information Technology Systems, launched Mamram Blockchain Incubator (M.B.I) on March 20. M.B.I will focus on early-stage blockchain and Web3 startups for 2024. Fostering innovation in blockchain M.B.I is an initiative aimed at equipping blockchain and Web3 ventures with […]

  • March 20, 2024 06:44 AM PDT
  • Invezz
Mysten Labs technology prototype on Sui provides first Proof of Elastic blockchain scaling
Latest

Mysten Labs technology prototype on Sui provides first Proof of Elastic blockchain scaling

Palo Alto, California, March 20th, 2024, Chainwire Pilotfish, a prototype Sui extension, was able to grow smart contract execution throughput in direct proportion to the number of machines used. Mysten Labs, a team of leading distributed systems, programming languages, and cryptography experts and originators of the Sui Network, today announced a landmark achievement in scaling […]

  • March 20, 2024 06:04 AM PDT
  • Invezz