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Tencent Cloud Collaborates with the University of Edinburgh in Research and Education Through its Industry-Leading Cloud Offerings

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Tencent Cloud today announced its signing of a Memorandum of Understanding (MoU) with the University of Edinburgh, a higher education provider in Scotland, with an aim to support the University’s research and education programs through cloud offerings and technical engagement, reinforcing the academic institution’s technological advancement in the research field and talent cultivation.

Poshu Yeung, Senior Vice President, Tencent Cloud International, said, “The signing of the MoU to support the University of Edinburgh in its technological development underlines Tencent Cloud’s commitment to the education segment. We look forward to providing the University with more resources for education purposes and to nurturing talents in the field, as well as boosting its tech and knowledge support. This initiative also demonstrates the company’s mission of ‘Value for Users, Tech for Good’, centered on the values of integrity, proactivity, collaboration and creativity.”

Dr Tiejun Ma, Programme Director of MSc in Advanced Technology for Financial Computing, University of Edinburgh, said, “The need for technological advancement and further development on digital skills and knowledge has significantly grown in the finance industry in recent years. The University of Edinburgh’s Business Informatics Cluster is privileged to be benefiting from the reliable and high-quality services of Tencent Cloud, which opens more doors and possibilities for us to provide better and more technologically advanced higher education services in Scotland.”

The MoU allows Tencent Cloud to collaborate with the University in its academic programs by way of technical support and provision of resources, such as:

  • Access to Tencent Cloud’s Suite of Offerings: Tencent Cloud shall give the University Tencent Cloud Credits to be utilized in its research and education initiatives.
  • Talent Development:
    • Tencent Cloud and the University will collaborate on both digital and classroom training to develop further cloud skills, allowing students to learn online at their own pace or through in-person classes. Tencent Cloud will help the University with training and enhancement of cloud skills and products, built by experts at Tencent Cloud and updated regularly to keep pace with the latest cloud services.
    • Tencent Cloud and the University agree on knowledge exchange between students and researchers with Tencent Cloud’s AI team to explore collaborations on research and development projects.

The University of Edinburgh’s Business Informatics Cluster and the Bayes Centre will launch a series of research and talent initiatives accelerated by Tencent Cloud. These research and talent initiatives will build on the capabilities of the University in technical fields such as Data Science & AI and Financial Technologies. Commencing in April, the University will launch a series of MSc-related projects using Tencent Cloud as part of the collaboration. These projects will focus on critical and practical appreciation of how data, computing and artificial intelligence technologies can be used and developed to deliver value in organizations with finance, risk and decision-making related digitalization from both technology and business perspectives.

Tencent Cloud’s agreement with the University of Edinburgh further emphasizes its commitment to the education sector, continuing its streak of related initiatives such as the signing of an MoU with National University of Singapore to nurture companies in the city-state through cloud solutions, technical support, expertise and training from Tencent Cloud, as well as its participation in the UNESCO Global Education Coalition and its collaboration with a Hong Kong education platform GRWTH to optimize and enhance online teaching efficacy.

Operating in 27 regions and 62 availability zones worldwide, Tencent Cloud is a secure, reliable and high-performance public cloud service provider with advanced infrastructure, with a wide range of market applicability and experience.

Blockchain

Anticipated Return of $9B Mt. Gox-era Bitcoin May Spur Market Anxiety

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The anticipated return of $9 billion worth of Bitcoin from the Mt. Gox era has the potential to stir anxiety within the cryptocurrency market. This significant influx of Bitcoin, which has been tied up since the collapse of the Mt. Gox exchange in 2014, raises questions about its potential impact on market dynamics and investor sentiment.

The return of these long-dormant Bitcoin holdings may lead to increased volatility and uncertainty in the cryptocurrency market. Market participants are likely to closely monitor the movement of these funds and assess their potential impact on Bitcoin prices and overall market stability.

Additionally, the large-scale return of Bitcoin from the Mt. Gox era may trigger concerns about potential selling pressure and its effect on market liquidity. Investors may anticipate fluctuations in Bitcoin prices as these funds are reintroduced into the market and traded.

Furthermore, the return of these Bitcoin holdings highlights the ongoing legal and regulatory challenges associated with the Mt. Gox saga. The resolution of this long-standing issue could have far-reaching implications for investor confidence and the perception of security within the cryptocurrency ecosystem.

Overall, the anticipated return of $9 billion worth of Bitcoin from the Mt. Gox era has the potential to evoke anxiety among market participants and prompt heightened scrutiny of market dynamics. As the cryptocurrency market braces for this significant development, it remains to be seen how it will navigate the potential challenges and opportunities presented by the return of these funds.

Source: blockchain.news

The post Anticipated Return of $9B Mt. Gox-era Bitcoin May Spur Market Anxiety appeared first on HIPTHER Alerts.

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Blockchain

Binance Faces Lawsuit in Canada for Selling Crypto Derivative Products Without Registration

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Binance is currently embroiled in a legal dispute in Canada over allegations of selling cryptocurrency derivative products without proper registration. This lawsuit underscores the regulatory challenges facing the cryptocurrency exchange in various jurisdictions.

The lawsuit accuses Binance of offering crypto derivative products to Canadian investors without obtaining the necessary registration from Canadian securities regulators. This legal action highlights the importance of compliance with regulatory requirements in the cryptocurrency industry, particularly concerning the sale of derivative products.

Binance’s legal woes in Canada reflect broader concerns about regulatory compliance and investor protection within the cryptocurrency sector. As authorities worldwide increase scrutiny of cryptocurrency exchanges and trading platforms, companies like Binance face mounting legal and regulatory challenges.

The outcome of this lawsuit could have significant implications for Binance and the broader cryptocurrency industry in Canada. Depending on the court’s ruling, it could lead to increased regulatory oversight and stricter enforcement measures for cryptocurrency exchanges operating in the country.

In response to the lawsuit, Binance has stated that it is committed to compliance with all applicable laws and regulations in the jurisdictions where it operates. However, the outcome of this legal dispute will likely shape the regulatory landscape for cryptocurrency exchanges in Canada and influence their future operations and compliance efforts.

Source: blockchain.news

The post Binance Faces Lawsuit in Canada for Selling Crypto Derivative Products Without Registration appeared first on HIPTHER Alerts.

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Cardano Foundation Launches PRAGMA: A New Chapter in Open-Source Blockchain Development

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The Cardano Foundation has announced the launch of Pragma, marking a significant milestone in open-source blockchain development. Pragma aims to revolutionize Cardano by enhancing its infrastructure through innovative open-source projects.

Pragma represents a new chapter in the evolution of Cardano, focusing on improving its underlying infrastructure and expanding its capabilities. The initiative underscores the Cardano Foundation’s commitment to fostering innovation and driving progress within the blockchain ecosystem.

By leveraging open-source projects, Pragma seeks to enhance Cardano’s functionality and scalability, paving the way for broader adoption and increased utility. These efforts are expected to unlock new opportunities for developers and users alike, further cementing Cardano’s position as a leading blockchain platform.

Pragma’s launch highlights the ongoing evolution of Cardano and its commitment to pushing the boundaries of blockchain technology. Through collaborative open-source development, Pragma aims to address key challenges and drive continuous improvement within the Cardano ecosystem.

The Cardano Foundation’s announcement of Pragma signals a significant step forward in its mission to build a decentralized and sustainable blockchain infrastructure. With Pragma, Cardano is poised to embark on a new era of innovation and growth, setting the stage for a future of unprecedented possibilities in blockchain development.

Source: cryptonews.com

The post Cardano Foundation Launches PRAGMA: A New Chapter in Open-Source Blockchain Development appeared first on HIPTHER Alerts.

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