Future of payments: Visa to invest $100M in generative AI
Visa says it was one of the first firms in the world to pioneer AI in payments, deploying AI-based technology for risk and fraud management in 1993. Go to Source
Venture Capital
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VC Roundup: Investors eyes blockchain analytics, gaming and crypto privacy
Bubblemaps, CoinScan, Hinkal Protocol, and Mythic Protocol are among the latest crypto and blockchain funding deals. Go to Source
Blockchain Capital closes funds totaling $580M for investments in crypto gaming, DeFi
The funds include $380 million for early-stage investments and a $200 million dollar “opportunity fund.” Go to Source
Crypto VC: Risk and investment strategies with Shima Capital
Cointelegraph sits down with venture capital leaders in a new series to talk about which investments interest them most. Go to Source
New $20M fund eyes blockchain gaming and NFTs
Web3 venture capitalists will look to invest in blockchain gaming and collectibles projects through a new $20 million fund. Go to Source
Crypto grants foster innovation amid venture capital exodus
Alternative funding options, such as grant programs, have grown in popularity as the bear market continues to slash venture capital from the crypto industry. Go to Source
Kraken Ventures to raise $100M in second fund with focus on ‘early stage founders’
The organization will also reserve a “significant portion” of the fund for follow-on investments and long-term entrepreneurial support. Go to Source
How to become a ‘Blockchain Radical,’ according to podcaster Joshua Dávila
Despite its libertarian reputation, author and podcaster Joshua Dávila, aka The Blockchain Socialist, believes crypto is for everyone — including the Left. Go to Source
Temasek, Sequoia Capital, Softbank and 15 VCs face lawsuit for “abating” FTX fraud
The lawsuit alleged that these VC firms made many deceptive and misleading statements about FTX while encouraging customers to invest in the exchange for their personal gain. Go to Source
Crypto Biz: Binance slashes costs, Ripple ready for US banks and crypto VCs return
This week’s Crypto Biz looks at Binance’s ongoing efforts to curb declining profits, Ripple’s expectation that U.S. banks may soon adopt XRP and the first signs of venture capital returning to crypto. Go to Source Powered by WPeMatico