By Shikha Singh
Lionsgate Inks Deal With AI Firm
Lionsgate has partnered with AI firm Runway to develop a custom generative AI model for its film and TV content.
The model will assist filmmakers in preproduction and postproduction, helping to create cost-efficient content.
This is Runway’s first collaboration with a major Hollywood studio, reflecting growing interest in AI’s creative potential, despite concerns about job impacts and legal issues.
Revolut Plans to Launch a Stablecoin.
Revolut is developing its own stablecoin, with the goal of improving its crypto services. The stablecoin would offer more stability for everyday transactions compared to volatile cryptocurrencies like Bitcoin.
Revolut’s vision of “banking without borders” includes expanding global access to secure, trusted crypto options.
The company wants to become a leader in crypto services by ensuring compliance and providing a safe space for users, aligning with their goal of becoming the most accessible provider of digital currencies.
Animoca Brands’ Mocaverse and Magic Eden partner to launch MagicMoca NFT platform.
Animoca Brands’ Mocaverse has partnered with Magic Eden to launch MagicMoca, a dedicated NFT launchpad for the Mocaverse community.
Announced on September 17, the platform will focus on curated NFT launches related to gaming, sports, and entertainment.
MagicMoca will use MOCA Coin as its primary currency, integrating products from both ecosystems.
The partnership aims to drive NFT adoption through exclusive projects and rewards, with Magic Eden expanding access to Animoca Brands’ extensive Web3 portfolio.
Commerzbank Rolls Out Bitcoin, Ether Trading And Custody Services.
Commerzbank has partnered with Crypto Finance, a Deutsche Börse subsidiary, to offer Bitcoin and Ether trading and custody services for corporate clients.
Commerzbank will handle digital asset custody, while Crypto Finance will manage secure trading. Germany has licensed both firms, guaranteeing their compliance with regulations.
This partnership provides secure access to digital assets for clients, marking Commerzbank’s first venture into crypto services.
Worldcoin Empowers Polish Citizens with Secure Digital Identity Verification.
Worldcoin has launched its World ID verification service in Poland, allowing users to verify their digital identities using biometric data or physical documents.
The service aims to enhance security by reducing identity fraud and protecting user privacy through advanced encryption.
This move strengthens Worldcoin’s presence in Europe, following similar launches in countries like Germany and France.
Polish users can now securely authenticate themselves across online platforms, with plans for further global expansion.
Akash Partners with HackIndia to Empower Indian Students with Web3 Education.
HackIndia, India’s largest hackathon, has teamed up with Akash, a top decentralized cloud provider, to enhance Web3 education for Indian students.
This partnership will offer resources, mentorship, and practical exposure to blockchain and decentralized technologies.
Akash will provide decentralized virtual machines and help students develop projects without financial barriers.
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