Vaneck Launches $30M Fund to Boost Fintech, Crypto, and AI Startups

October 9, 2024 Bitcoin.com

Vaneck Launches M Fund to Boost Fintech, Crypto, and AI Startups

Vaneck, a global investment management firm, has announced the launch of a $30 million early-stage venture fund targeting fintech, digital assets, and artificial intelligence (AI) startups. Vaneck’s $30M Fund to Invest in Fintech, Digital Assets, and AI Named Vaneck Ventures, the fund will support companies in the pre-seed and seed stages, continuing the firm’s strategy […]

Crypto Community Rejects HBO’s Peter Todd-Satoshi Theory as Poor Journalism

October 9, 2024 Bitcoin.com

Bitcoin

On Tuesday, HBO premiered its documentary “Money Electric,” attempting to portray software developer and Bitcoin contributor Peter Todd as the mysterious Satoshi Nakamoto. Following the broadcast, Todd quickly took to X to set the record straight, stating, “I’m not Satoshi.” His response ignited a lively discussion across social media, with many in the crypto community […]

Vaneck Launches $30M Fund to Boost Fintech, Crypto, and AI Startups

Palau Collaborates With Japan to Introduce Blockchain Savings Bonds

October 9, 2024 Bitcoin.com

bitcoin.com

The government of Palau has taken a major step towards integrating blockchain technology into its economy with the launch of Palau Invest, a digital savings bond platform. This initiative, developed in collaboration with Japan, offers citizens a unique opportunity to invest in national infrastructure projects and boost economic growth. Palau Launches Blockchain-Based Savings Bonds The […]

Vaneck Launches $30M Fund to Boost Fintech, Crypto, and AI Startups

Alchemy Pay Expands Crypto Virtual Card to Samsung Pay

October 9, 2024 Bitcoin.com

Alchemy Pay

Alchemy Pay has announced the integration of its virtual card service with Samsung Pay, expanding its reach following the successful launch on Google Pay. This development enables users to seamlessly spend their cryptocurrency holdings at numerous retailers, both online and in-store, through Samsung’s contactless payment platform. With over 500,000 users already on board, Alchemy Pay’s […]

Vaneck Launches $30M Fund to Boost Fintech, Crypto, and AI Startups

Bitcoin Staking Protocol Babylon Attracts About 24,000 BTC in Deposits

October 9, 2024 Bitcoin.com

babylon

Bitcoin staking protocol Babylon has achieved a major milestone, pulling in 23,891.67071126 BTC in confirmed total value locked (TVL) and attracting 25.31K stakers after lifting the cap on its second staking round. This significant increase in participation underscores strong investor confidence and robust demand within Babylon’s decentralized finance (defi) ecosystem. The platform’s aim to provide […]

Vaneck Launches $30M Fund to Boost Fintech, Crypto, and AI Startups

Nigeria Injects $543.5M to Shore up Naira

October 9, 2024 Bitcoin.com

Africa

The Central Bank of Nigeria (CBN) injected $543.5 million into the Nigerian foreign exchange market between September 6th and 30th to address currency volatility. The bank attributed the volatility to high demand for imports and seasonal factors. Nigeria is facing foreign exchange shortages and the government has taken various steps to counter it, including restricting […]

Vaneck Launches $30M Fund to Boost Fintech, Crypto, and AI Startups

Boerse Stuttgart Unveils Insured Ethereum Staking on Bison Platform

October 9, 2024 Bitcoin.com

BaFin

European exchange group Boerse Stuttgart has announced a major step into Ethereum staking, offering users a secure, insured way to earn passive income through its Bison trading platform. By partnering with top German firms, Bison enables staking for as little as 0.005 ETH with weekly rewards. The service, currently only in Germany, promises annual returns […]

Vaneck Launches $30M Fund to Boost Fintech, Crypto, and AI Startups

Putin Reveals Over 85% of CIS Trade Now in National Currencies

October 9, 2024 Bitcoin.com

Armenia

Russian President Vladimir Putin announced that more than 85% of trade within the Commonwealth of Independent States (CIS) is now conducted in national currencies, highlighting a move toward greater financial independence. This development is part of broader efforts by CIS countries to reduce reliance on foreign economic systems, particularly imports, and to build resilient financial […]

Vaneck Launches $30M Fund to Boost Fintech, Crypto, and AI Startups

XRP Army Launches Petition Against SEC Appeal in Ripple Case

October 9, 2024 Bitcoin.com

Appeal

The XRP Army is ramping up efforts to push back against the U.S. Securities and Exchange Commission (SEC)’s appeal in the Ripple lawsuit, calling it unnecessary and damaging to the cryptocurrency market. XRP supporters claim that the SEC’s actions create instability in the crypto sector, directly contradicting the agency’s mission. XRP Army’s Petition Calls for […]

Vaneck Launches $30M Fund to Boost Fintech, Crypto, and AI Startups

ECB Working Paper: The Role of Stablecoins as Crypto Safe-Haven Is Questionable

October 9, 2024 Bitcoin.com

bitcoin.com

A recent study part of the European Central Bank (ECB) working paper series has concluded that stablecoins are susceptible to shocks derived from U.S. monetary policy changes. Contractionary shocks make stablecoins react negatively, being even more relevant than traditional crypto shocks to stablecoins, while money market funds (MMFs) thrive. ECB Paper: Stablecoins Are Susceptible to […]

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