Treasury Official’s Testimony In a testimony before the House Financial Services Committee, Brian Nelson, the US Treasury Undersecretary for Terrorism and Financial Intelligence, addressed the reports…
Struggles for Bakkt as Cash Reserves Dwindle Bakkt, the digital asset platform, is facing financial difficulties as its cash reserves continue to dwindle. In a recent…
Crypto VC Funding Drops 70% in 2023 The crypto venture capital (VC) funding in 2023 saw a significant decline, dropping by 70% and securing only about…
Sygnum Raises $41 Million for Expansion Swiss crypto bank Sygnum AG has raised 35 million Swiss francs ($41 million) in a funding round led by asset…
A Crypto Trader’s Best Friend: Pontem Launches AI-Powered Chatbot Product development studio Pontem is introducing an AI-powered chatbot called Pontem.ai that functions as a comprehensive AI…
Elon Musk’s xAI Raises $500 Million in Funding, Nears $1 Billion Goal Amid increasing optimism about the prospects of artificial intelligence companies, xAI, founded by Elon…
Hong Kong’s HashKey Group Secures $100 Million Series A Funding HashKey Group, the group behind the Hong Kong-licensed crypto-exchange, has announced that it has secured a…
TRAX Crypto News: $2.9M Raised in Decentralized Funding Round A London-based Web3 music startup called TRAX has successfully raised $2.9 million in a decentralized funding round…
HashKey Group Raises Nearly $100 Million in Funding Round Hong Kong-based HashKey Group has achieved “unicorn” status with a valuation surpassing $1 billion after successfully raising…