Sequoia Capital AI investment hits $10B, its largest bet ever
Venture capital firms rarely announce a $10 billion bet in a single breath, but that’s exactly what Sequoia Capital just…
Category: Financial
Pokémon cards are becoming multibillion dollar market. Crypto wants to fix how they trade
It’s 3:30 a.m. on a cool April morning, and hundreds of people are already lined up outside a Costco in…
India Eyes Global Rupee Role as BRICS Discusses CBDC Payment Network
India is strengthening its efforts to bring its native currency, the rupee, to the global financial market. As BRICS countries…
Crypto-friendly bank Erebor in talks to raise $1.5 billion at $9.5 billion valuation: FT
Tech-oriented lender Erebor Bank is in advanced talks to raise about $1.5 billion in a deal that would value the…
Fed’s Goolsbee Calls Inflation the Biggest Problem Amid Rate Hike Debate
Chicago Federal Reserve Bank President Austan Goolsbee has signaled that bringing inflation down should be the priority, describing it as…
Stablecoin Card Issuer Rain Buys Merchant Wallet Startup Ansa
Rain acquired Ansa, a startup whose software lets merchants run their own branded prepaid wallets, the stablecoin card issuer announced.…
BRICS nations explore linking CBDCs and payment systems, RBI chief says
BRICS members are exploring plans to connect their CBDCs and fast payment systems, a move that could cut the cost…
On-chain data shows $50 million at risk as Tether’s Alloy shutdown deadline boils down to 5 forgotten gold vaults
Tether is winding down Alloy by Tether, a platform built around dollar-tracking aUSDT debt backed by Tether Gold collateral. Starting…