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Nalezeno "AI in finance": 8404

Dragonfly Capital Aims to Raise $500M Fund: Bloomberg

18.9.2024
Dragonfly closed its third fund, worth $650 million, in April 2022, shortly before the onset of the crypto bear market

Bitcoin L2 and Sidechain Networks Surge to $1.31 Billion in Locked Value

18.9.2024
This year, Bitcoin layer two (L2) solutions and sidechains have gained incredible traction, with the top ten Bitcoin-based sidechains or L2 protocols now controlling a combined $1.31 billion in total value locked (TVL). The latest figures reveal that more than 56% of this total is held within...

Cash Is Still King, Consumers Would Prefer to Use Money Over CBDCs: Deutsche Bank

18.9.2024
44% of those surveyed said they would rather use cash then a central bank digital currency and 57% said they would prefer to use a debit or credit card than a CBDC, the bank's survey showed

Bitcoin ETFs Boosted by $186.76M; Grayscale’s Ether Fund Struggles

18.9.2024
On Tuesday, 12 bitcoin exchange-traded funds (ETFs) pulled in a hefty $186.76 million in inflows, while nine ether ETFs saw yet another round of outflows. The primary source of the ether losses? Grayscale’s ETHE, which has experienced a $2.75 billion outflow since July 23. Bitcoin ETFs Shine...

Hemi Labs Raises $15M to Launch Modular Blockchain in Round Led by Binance Labs

18.9.2024
The Hemi testnet is now live, with a mainnet launch planned for the fourth quarter

Former Coinbase Executives Introduce Stablecoin-Native Exchange TrueX

18.9.2024
TrueX says it caters to rising client demand for truly secure segregation between execution and custody

Fintech Giant Revolut Said to Be Planning Stablecoin

18.9.2024
Crypto-friendly Revolut is said to be quite far along in creating its own stablecoin, according to two people familiar with the plan

Experts: Defi Thrives Where Banks Falter, Fragmentation a Hurdle

18.9.2024
The rise of decentralized finance is particularly strong in regions with weak banking systems, such as Sub-Saharan Africa, Latin America, and Eastern Europe. Experts believe this is because defi offers financial tools and services traditionally unavailable to people in these areas. Experts point...

Bukele States El Salvador Will Self-Finance 2025 Budget, Won’t Issue Even ‘a Cent’ of Debt

18.9.2024
President Nayib Bukele revealed that he would present a self-financed budget proposal to the Legislative Assembly of El Salvador, meaning that the government will not issue debt to pay for its operations in 2025. Bukele stressed that this would be the first time this happened in decades...

DePIN Tech Shows Promise, But Implementation Faces Several Hurdles, Moody's Says

17.9.2024
The Wall Street ratings agency's first-ever report about the sector underscores the increased attention towards DePIN apps

Brian Armstrong, ETF Experts Shoot Down 'Paper Bitcoin' Rumors

17.9.2024
Rumors alleging Coinbase (COIN) of issuing bitcoin IOUs to BlackRock were quickly shut down by industry experts as well as Coinbase CEO Brian Armstrong on Monday

Bitcoin ETFs Rise With $12.9M Gains While Ether ETFs Struggle

17.9.2024
According to the latest crypto exchange-traded fund (ETF) data, spot bitcoin ETFs snagged $12.9 million in gains on Monday, while spot ethereum ETFs faced a $9.51 million loss. Bitcoin ETFs Continue to Grow, While Ethereum Funds Lose Ground Leading the charge among the 12 bitcoin funds...

Circle's USDC in Brazil and Mexico Now Available to Businesses Via Banking System

17.9.2024
Previously, the stablecoin could only be purchased through crypto exchanges

Liquid Staking Absorbs 400,000 ETH, Closing in on 14M Mark

17.9.2024
According to the latest figures, over the past 38 days, starting from Aug. 10, 2024, the total value locked in decentralized finance (defi) protocols has slipped by $5.07 billion. Despite this decrease, ethereum continues to pour into liquid staking derivative (LSD) platforms, with 29 distinct LSDs...