Bankrupt crypto lender BlockFi will commence its first interim crypto distributions to its creditors through Coinbase. According to an announcement by the firm on X, the process would commence in July and continue in batches over the upcoming months....
Anthropic, an artificial intelligence startup renowned for its AI chatbot Claude, has joined forces with Menlo Ventures, a venture capital firm, to establish a $100 million fund supporting emerging AI companies. Announced on July 18, the Anthology Fund aims...
Elwood Technologies has announced the sale of its Over-The-Counter (OTC) trading business, Elwood Capital Management Ltd (ECML), to Zodia Markets. ECML, based in Jersey (within the Channel Islands, UK), and regulated by the Jersey Financial Services Commission, has been...
The African blockchain sector experienced a significant downturn in venture funding during the first half of 2024, according to a recent report from Swiss blockchain venture capital firm CV VC. The report revealed a 74% decline in funding compared...
Stripe, the online payment behemoth, has expanded its digital asset services to European customers. As of July 16, 2024, consumers across the European Union can now purchase Bitcoin, Ethereum, and other cryptocurrencies using Stripe-issued credit or debit cards. According...
Metaplanet has continued its aggressive Bitcoin acquisition strategy with a recent purchase of 21.88 Bitcoin, valued at over $1.2 million (200 million Japanese yen). This latest acquisition, announced on July 16, brings the Japanese firm’s total Bitcoin holdings to...
Global payments giant Visa has partnered with WireX to accelerate the adoption of virtual currencies in the United Kingdom and Europe. This collaboration, announced in a press release on Monday, July 15, 2024, aims to leverage the strengths of...
Northern Data AG, a Bitcoin mining company based in Frankfurt, has announced a strategic move to bolster its operations with a substantial capital increase. The company aims to raise approximately €214 million by issuing 10,699,446 new bearer shares, equivalent...
OKX has announced support for the DeFi Platform, Infinity Hedge Fund. According to a press release published today, July 12, 2024, this collaboration will enable OKX Wallet users to easily connect and manage their digital assets within the Infinity...
Binance is reportedly in the final stages of negotiations to sell a majority stake in South Korean exchange Gopax to local cloud service provider Megazone. According to a July 11 report by South Korea's Chosun Ilbo, the move is...
