VanEck launches $30m fund for crypto and AI startups

VanEck has announced the launch of VanEck Ventures, a $30 million early-stage fund focused on fintech, digital assets, and artificial intelligence.  The fund will support pre-seed and seed-stage startups, with investment amounts ranging from $500,000 to $1 million per project. VanEck is a global investment firm managing $115 billion in assets. Led by former Circle Ventures heads Wyatt Lonergan and Juan Lopez, the fund aims to identify and back 25 to 35 startups that offer both financial and strategic upside. Lonergan and Lopez bring a wealth of experience from Circle,…

Circle Launches Native USDC on Sui Blockchain

Lawrence Jengar Oct 08, 2024 12:45 Circle has introduced native USDC on the Sui blockchain, enabling seamless access to USDC liquidity without bridging. This development supports Sui’s expanding ecosystem of over 85 applications. Circle, the prominent fintech firm, has announced the launch of native USD Coin (USDC) on the Sui blockchain, facilitating direct access for developers and users to USDC liquidity without the need for bridging. This move is part of Circle’s broader strategy to enhance stablecoin availability across multiple blockchain networks,…

Kraken Launches Regulated Derivatives Platform in Bermuda

Cryptocurrency exchange Kraken has launched a new regulated derivatives trading platform in Bermuda after obtaining a Class F Digital Business License from the Bermuda Monetary Authority. This platform offers over 200 contracts, including perpetual and fixed-maturity futures, and aims to provide a secure and reliable trading experience. The move highlights Bermuda’s supportive regulatory environment and […] Source BitcoincryptoexchangeExchanges CryptoX Portal

Axelar launches Mobius Development Stack for cross-chain interoperability

Axelar has introduced the Mobius Development Stack, a technology designed to make building decentralized applications across different blockchains easier.  The company’s new infrastructure, announced in an Oct. 3 Blockworks article, allows developers to connect various blockchain networks, including Solana (SOL), Stellar (XLM), and XRP Ledger (XRP), without the need for bridges — software tools that usually link blockchains. This infrastructure will streamline developers’ processes and enhance cross-chain functionality. Cross-chain connectivity simplified MDS integrates with popular OpenZeppelin libraries, which developers use to build secure smart contracts, and supports both on-chain and…

All-Women AI PhD Program Launches in Africa

A pioneering Africa-Europe collaboration aims to train 700 African Doctor of Philosophy (PhDs) in artificial intelligence (AI) over the next decade. The first intake of this program, however, will be unique: it will consist entirely of women. This initiative is the brainchild of CORE AI, a research partnership uniting universities from both continents. The program […] Source CryptoX Portal

Bitcoin.com Launches USDC Staking Rewards, Powered by Kiln DeFi

Bitcoin.com, a pioneer in the Bitcoin and crypto space since 2015, has launched USDC staking rewards in the self-custody Bitcoin.com Wallet app and on Bitcoin.com’s decentralized exchange Verse DEX. USDC staking rewards are a pivotal step in Bitcoin.com’s mission to empower anyone to participate in DeFi without the complexities traditionally associated with decentralized platforms. Unlocking […] Original

Robinhood Crypto Launches Crypto Transfers for European Users

Robinhood Crypto has introduced a major new feature for European users, allowing them to deposit and withdraw over 20 different cryptocurrencies. The new crypto transfer service includes a limited-time 1% deposit match. With this launch, the platform also reinforces its focus on self-custody, security, and decentralized finance (defi) accessibility. Robinhood Crypto Rolls Out Crypto Transfers […] Source CryptoX Portal

Gomining Launches Foundation to Drive Innovation in Bitcoin L1 and L2 Projects

The GoBTC Foundation, established by Gomining, has been officially launched to strengthen Bitcoin’s onchain ecosystem. The foundation’s creation aims to support initiatives that foster greater transaction activity and ecosystem growth. Foundation Established to Foster Bitcoin’s Infrastructure Growth Gomining states that the GoBTC Foundation operates as a vertically integrated entity, focusing on Bitcoin’s layer one (L1) […] Original