VanEck launches $30M ventures fund for crypto and AI

October 9, 2024 Coin Telegraph

VanEck launches M ventures fund for crypto and AI

VanEck’s new $30 million fund, VanEck Ventures, will focus on investment in fintech, crypto and AI startups building next-generation payments.

VanEck, one of the issuers of spot Bitcoin exchange-traded funds (ETF) in the United States, has a new initiative to support early-stage cryptocurrency and artificial intelligence projects.

VanEck has launched VanEck Ventures, a $30 million fund investing in fintech, crypto and AI startups in pre-seed and seed stages, the company announced on Oct. 9.

Source: VanEck

2021 Bull Run Déjà Vu? Altcoin Market Gains Momentum

Cryptoquant: Stablecoin Liquidity Surges to Record Highs as Ripple Introduces RLUSD

October 9, 2024 Bitcoin.com

bitcoin.com

Stablecoin liquidity reached unprecedented levels in September 2024, boosting overall cryptocurrency market activity. Meanwhile, Ripple made a notable entrance into the stablecoin space with its newly launched RLUSD, expanding its influence in the financial landscape. Stablecoin Boom Fuels Crypto Liquidity, Ripple’s RLUSD Market Cap Rises According to a recent report from Cryptoquant, stablecoin liquidity soared […]

2021 Bull Run Déjà Vu? Altcoin Market Gains Momentum

Coinbase to delist noncompliant stablecoins under EU MiCA rules

October 4, 2024 Coin Telegraph

Coin Telegraph

Coinbase will delist noncompliant stablecoins from its European platform by the end of December to comply with the EU’s MiCA regulations.

The European Union’s Markets in Crypto-Assets Regulation (MiCA) is enforcing stricter oversight of crypto-related firms, and cryptocurrency exchange Coinbase is the latest to update its offerings.

On Oct. 4, Bloomberg reported that Coinbase will delist stablecoins that don’t comply with EU regulations by the end of 2024. This move aligns with the full implementation of MiCA, which is set to tighten control over the digital asset sector.

In a statement released Oct. 4, a Coinbase spokesperson confirmed the company’s commitment to regulatory compliance:

2021 Bull Run Déjà Vu? Altcoin Market Gains Momentum

Circle to Expand USDC Stablecoin to Australia and APAC Region Through Strategic Partnership

October 2, 2024 Bitcoin.com

APAC

Mark Carnegie’s MHC Digital Group is partnering with Circle Internet Financial to expand the distribution of the stablecoin USD Coin (USDC) to institutional investors in Australia and the broader Asia-Pacific (APAC) region. This strategic collaboration aims to help superannuation funds and high-net-worth individuals avoid significant bank fees by leveraging USDC, which has a market capitalization […]

2021 Bull Run Déjà Vu? Altcoin Market Gains Momentum

Robinhood Crypto Launches Crypto Transfers for European Users

October 2, 2024 Bitcoin.com

Bitcoin

Robinhood Crypto has introduced a major new feature for European users, allowing them to deposit and withdraw over 20 different cryptocurrencies. The new crypto transfer service includes a limited-time 1% deposit match. With this launch, the platform also reinforces its focus on self-custody, security, and decentralized finance (defi) accessibility. Robinhood Crypto Rolls Out Crypto Transfers […]

2021 Bull Run Déjà Vu? Altcoin Market Gains Momentum

Tether and Four Other Stablecoins Set To Lose $625,000,000 in Interest Income Following Fed Pivot: CCData

September 30, 2024 The Daily Hodl

Tether and Four Other Stablecoins Set To Lose 5,000,000 in Interest Income Following Fed Pivot: CCData

Blockchain

The stablecoin industry will have to weather significant losses in interest income following the Federal Reserve’s latest rate cut, a new report from CCData shows. In its latest report on stablecoins and central bank digital currencies (CBDCs), the digital asset data and index provider notes that the vast majority of the top five stablecoin issuers’ […]

The post Tether and Four Other Stablecoins Set To Lose $625,000,000 in Interest Income Following Fed Pivot: CCData appeared first on The Daily Hodl.

2021 Bull Run Déjà Vu? Altcoin Market Gains Momentum

Circle Launches New ‘Compliance Engine’ for Companies Building On-Chain, Says CEO Jeremy Allaire

September 26, 2024 The Daily Hodl

Altcoins

USDC-issuer Circle has rolled out a new compliance tool designed to help companies build on-chain. The “Compliance Engine” will automatically integrate with Circle’s programmable smart wallets designed for developers, says Jeremy Allaire, the firm’s chief executive. “We’ve built up tremendous capabilities in this area over the past decade, and we’re now taking those capabilities and […]

The post Circle Launches New ‘Compliance Engine’ for Companies Building On-Chain, Says CEO Jeremy Allaire appeared first on The Daily Hodl.

2021 Bull Run Déjà Vu? Altcoin Market Gains Momentum

USDC issuer Circle launches onchain compliance platform

September 24, 2024 Coin Telegraph

Circle

It's an important step toward winning the tokenized RWA market as Circle continues to vye with stablecoin leader Tether.

Circle Internet Financial, the issuer of U.S. Dollar Coin (USDC), has launched a suite of blockchain-based compliance products designed to help “companies build onchain while meeting rigorous demands for compliance,” according to a Sept. 24 social media post by Circle CEO Jeremy Allaire.

The platform, called Compliance Engine, includes transaction screening and monitoring tools to identify suspicious transactions and a service specializing in compliance with Know Your Customer (KYC) requirements such as the United States’ Travel Rule, Allaire said.

“We’ve built up tremendous capabilities in this area over the past decade, and we’re now taking those capabilities and exposing them to developers and operations teams that are building financial applications onchain,” Allaire said.

2021 Bull Run Déjà Vu? Altcoin Market Gains Momentum

Blockfi Receives $250M USDC Deposit, Sparking Hopes for Creditor Repayments

September 23, 2024 Bitcoin.com

Blockfi Receives 0M USDC Deposit, Sparking Hopes for Creditor Repayments

Arkham Intelligence

Onchain data reveals that Blockfi, a now-bankrupt crypto lending firm, received a hefty $250 million deposit (1, 2) to one of its flagged addresses, as reported by Arkham Intelligence. The news was shared on X at 12:43 p.m. EDT on Monday. “Blockfi received $250M in USDC from Coinbase Prime, bringing their onchain holdings up to […]

2021 Bull Run Déjà Vu? Altcoin Market Gains Momentum

Travala Integrates Solana for Booking Flights and Hotels, Offers SOL Travel Rewards

September 22, 2024 Bitcoin.com

ava

Crypto travel booking platform Travala has integrated with Solana, allowing users to book flights and hotels using Solana-based tokens and earn SOL travel rewards. Highlighting Solana’s scalability and affordability, the platform aims to enhance the crypto travel experience and incentivize users with up to 10% of booking value back in SOL. Travala Integrates Solana for […]

USDC

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