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Nalezeno "AI in finance": 8416

Crypto Sector Secures $317M in Venture Capital Deals in Early June

16.6.2024
With the first half of June concluded, there have been 37 venture capital deals and fundraising events in the crypto sector. Collectively, these investments totaled $317.87 million, with Avail, a modular blockchain project, leading the pack with $43 million. 37 Crypto Startups and Projects Gather...

Salvadoran Government Introduces Bitcoin Banking Law Reform

16.6.2024
The Salvadoran government has presented an initiative to accelerate the inclusion of Bitcoin and other cryptocurrencies in its investment banking sector. The banking law reform introduced to the National Assembly would allow private investors to constitute banks that can provide services in Bitcoin...

Curve CEO clears up UwU Lend hack, CRV burn misinformation

16.6.2024
Curve CEO clarifies misinformation about the UwU Lend hack and CRV token burn, outlining preventative measures and repayment of bad debt

CBDC Interest Climbs Steadily Over Five Years, Google Trends Data Shows

15.6.2024
Google Trends data reveals a consistent increase in search interest for “CBDC,” which stands for central bank digital currency, over the past five years. The term has maintained a score above 20 since August 2022, on a scale of 1 to 100, where 100 signifies peak interest. CBDCs...

Crypto Friendly Evolve Bank Under Scrutiny: Cease and Desist Order Issued

15.6.2024
The Federal Reserve and Arkansas State Bank Department have mandated sweeping reforms at Evolve Bank & Trust following significant compliance breaches. The order highlights issues in anti-money laundering efforts and consumer protection, especially in its dealings with fintech companies...

Curve Finance's Michael Egorov says $10M in bad debt fully paid

15.6.2024
The founder reassured the Curve community that he was "committed to building Curve more than ever," following a hack attempt

Crypto hack losses hit $19B, Terraform Labs shuts down: Finance Redefined

14.6.2024
Nearly $19 billion worth of digital assets have been lost to exploits in the past 13 years, with $2.9 billion stolen in the largest single crypto theft

US Bitcoin ETFs Record $226M in Outflows, Fidelity Led the Pack With $106M Exiting

14.6.2024
U.S. spot bitcoin exchange-traded funds (ETFs) experienced a decline on Thursday, with $226.21 million in outflows recorded during the trading sessions. Fidelity’s FBTC saw the largest outflows, with $106 million exiting the fund. Massive Outflows Strike U.S. Bitcoin ETFs On Wednesday,...

MicroStrategy Increases Convertible Note Offering by 40% to $700M in Bitcoin Splurge

14.6.2024
The proceedings of the issuance will be used to acquire more bitcoin and for general corporate affairs

Drake on Brink of $1M Bitcoin Loss as NHL and NBA Bets Sour

14.6.2024
Canadian singer Drake is on the cusp of losing $1 million worth of crypto after he placed two individual $500,000 bets on the Edmonton Oilers and the Dallas Mavericks to win their respective Stanley Cup and NBA finals

BIS inaugurates Toronto Innovation Centre with Bank of Canada

14.6.2024
Bank of Canada Governor Tiff Macklem said that as finance evolves, the industry must innovate and apply new skills, allowing Canadians to benefit from advancements

Permissionless Restaking Protocol Symbiotic Launches Raising $5.8 Million in Seed Round

14.6.2024
Symbiotic, a permissionless restaking protocol, has recently launched, allowing other protocols to provide shared security through asset restaking. At the same time, Symbiotic announced it had raised $5.8 million in its seed funding round led by Paradigm and Cyber.fund, which will be used...

Curve founder repays 93% of $10M bad debt stemming from liquidation

13.6.2024
The DeFi protocol's native token plunged by 28% in a single day due to liquidations stemming from a hack attempt

Hong Kong Spot ETFs Secure $1.96B in Bitcoin, $26M in Ether

13.6.2024
Since the spot bitcoin and ethereum exchange-traded funds (ETFs) in Hong Kong began trading on April 30, they have accumulated $1.96 billion in bitcoin and $26.74 million in ethereum. Hong Kong’s Spot Bitcoin and Ether ETFs See Modest Growth Hong Kong’s spot bitcoin and ether ETFs...

Crypto Markets Have Seen $12B of Net Inflows This Year, JPMorgan Says

13.6.2024
Most of the $16 billion inflow into spot bitcoin ETFs since their launch likely came from existing digital wallets on exchanges, the report said

US Spot Bitcoin ETFs Reverse Outflows With $100M Inflows

13.6.2024
U.S. spot bitcoin exchange-traded funds (ETFs) experienced inflows on Wednesday, following two consecutive days of outflows. The 11 ETFs trading in the United States amassed $100.9 million, with Fidelity’s FBTC leading the way. Fidelity’s FBTC Tops Bitcoin ETF Inflows With $51M...