Columbus, OH

[PRESS RELEASE – Luxembourg, Luxembourg, July 15th, 2024]. Fimath AI proudly announces the launch of its state-of-the-art AI-driven crypto trading platform. The new platform is set to redefine trading efficiency with AI automation, deep market insights, and real-time strategy adjustments, catering to both novice and experienced traders. Key Features.

Fimath AI Launches Advanced AI Trading Platform with Exclusive Offer

After the latest acquisition, Metaplanet now holds a total of 203.7 BTC, purchased at an average price of approximately $62,000 per BTC. Metaplanet, an investment firm based in Japan, has made a Bitcoin purchase worth 42.4 Bitcoin for ¥400 million ($2.4 million) to add to its holdings. This comes...

Metaplanet Expands Bitcoin Holdings with $2.4 Million Purchase

CoinDesk

The Grayscale Decentralized AI Fund includes the native tokens of AI-focused blockchain protocols such as  Near (NEAR), Render (RNDR), Bittensor (TAO), Filecoin (FIL) and Livepeer (LPT).

Grayscale Launches Artificial Intelligence-Focused Crypto Fund; AI Tokens Gain

[PRESS RELEASE – Dubai, United Arab Emirates, July 15th, 2024]. Blockchain Life 2024, one of the world’s leading events in web3, cryptocurrencies and mining sphere, today announced the first wave of its esteemed speaker lineup for the 13th edition of the event. Bringing together over the 10,000 most...

Blockchain Life 2024 in Dubai Unveils Speakers, Industry Leaders from Tether, Animoca Brands and More

Short-bitcoin products had their largest outflows since April at $8.6 million, contrasting with BTC’s $1.35 billion inflow. Amidst continued price weakness throughout last week, digital asset investment products saw significant buying activity, with inflows reaching $1.44 billion during that period. This brought the year-to-date (YTD) inflows to a whopping $17.8 billion, which shattered the previous record set three years ago.

YTD Digital Asset Inflows Surge to $17.8B, Shattering 2021’s Record

Entrepreneur

AMD's deal is set to close later this year.

Nvidia's Biggest Rival Agrees to Buy an AI Startup for Over Half a Billion Dollars in Cash

Business Insider

Chris Kirchner, a startup founder convicted of defrauding investor was sentenced to 20 years in federal prison Thursday.

Chris Kirchner, founder of Goldman Sachs-backed Slync, was sentenced to 20 years for fraud and laundering startup funds

Chicago, IL

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Foodie in Chicago

Shortly before 3 AM, people in the Chicago area may have felt their houses shake as a 3.4-magnitude earthquake occurred about 60 miles west of the city. (CHICAGO) The United States Geological Survey (USGS) reported a 3.4-magnitude earthquake around Somonauk, IL. Somonauk is in DeKalb and LaSalle Counties, 64 miles west of Chicago.

Did You Feel the Earthquake?

Sergey Nazarov has long been an advocate for expanding the utility of blockchain beyond cryptocurrencies. He argues that while cryptocurrencies have laid the foundation for decentralized finance (DeFi), the next frontier lies in integrating real world assets onto blockchain platforms. Real world assets encompass a wide array of tangible and intangible assets, including real estate, commodities, loans, bonds, and investment funds. These assets, traditionally traded and managed through centralized financial systems, are now being explored for their potential to be tokenized and traded on decentralized blockchain networks.

Chainlink Creator Sergey Nazarov Predicts Real World Assets as Next Blockchain Revolution

North Carolina State

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Durham, NC

Town Talks

A popular Triangle restaurant is closing another one of its locations. Beyu Caffé shared on social media it is shutting down its Boxyard RTP location. This comes weeks after closing its downtown Durham restaurant.

Popular North Carolina restaurant announces closure of another one of its locations

XRP’s price pumped to a three-month high of over $0.60. XRP’s value surged nearly 40% in a week, possibly driven by increased network transaction activity. Anticipation of a resolution in Ripple’s legal battle with the SEC may have also contributed to the recent price ascent. XRP on...

Why Is the Ripple (XRP) Price Up Today?

Reuters

LONDON (Reuters) -When Georges Elhedery took a six-month break from HSBC in 2022, some feared he had called time on a 17-year stint at the Asia-focused lender. But two years on, the novice Mandarin-speaker is just weeks away from becoming chief executive.

HSBC's Elhedery takes fast track from finance to CEO

BENGALURU/NEW DELHI (Reuters) -Edtech company Byju's, once India's biggest startup valued at $22 billion, will face insolvency proceedings for failure to pay $19 million in dues to the country's cricket board, a tribunal said on Tuesday. Byju's has suffered numerous setbacks in recent years, including boardroom exits and a tussle...

Once India's biggest startup, Byju's faces insolvency proceedings

Bengaluru-based Moving Tech has raised $11 million in a pre-Series A funding round co-led by Blume Ventures and Antler, the startup said. Google, which has pledged to invest $10 billion in India, participated in the round. Namma Yatri works atop the Open Network for Digital Commerce (ONDC), an interoperable scheme...

Google backs Indian open source Uber rival

Elon Musk gets surprising offer from Cardano's Charles Hoskinson. Ben Goertzel, a prominent AI developer and founder of the Cardano-based SingularityNet project, recently experienced a hacking incident on X, the social media platform formerly known as Twitter. In response, Cardano creator Charles Hoskinson urged Elon Musk to implement decentralized identifiers (DIDs) on X to improve security.

Cardano Creator Offers Elon Musk to Protect X With Blockchain

BNB Chain experienced a decrease of ~83.3% in total amount loss in Q2 2024 in comparison to Q2 2023. Moreover, in Q2, 2024 BNB Chain experienced a ~19% decrease in total losses and a ~18.6% decrease in the number of security incidents compared to Q1, 2024. Salus, the Web3 security...

BNB Smart Chain Losses Dropped 83% in Q2 2024: Security Report

California State

The HD Post

CALIFORNIA – Starting July 1, landlords will only be allowed to collect one month’s rent for the security deposit on a rental property. Assembly Bill 12, signed into law last October, says regardless of whether the residential property is unfurnished or furnished, only one month’s rent can be charged in addition to any rent for the first month paid on or before initial occupancy.

Law limiting security deposits goes into effect July 1

For years, venture capitalists have faced mounting pressure to diversify their portfolio companies and investment teams with women and underestimated people of color. In the past decade, just 0.24% of funding in the UK has gone towards Black founders. The numbers are bleak. The lack of diversity in early-stage investors affects everyone because it determines who receives investment and, therefore, what products and services we use.

Top London-based Investors Investing in Black Founders

Axios

Venture capital has its vice presidential candidate, with Donald Trump yesterday picking J.D. Vance to be his running mate. The big picture: Vance wasn't a successful or failed VC. Namely because he didn't have enough time, spending just six years at three different firms. Catch up quick: Vance was a...

J.D. Vance's short career in venture capital

The online casino industry has witnessed remarkable growth over the past decade, fuelled by technological advancements and the increasing popularity of digital finance. Cryptocurrencies, in particular, have revolutionised how players engage with online casinos, offering enhanced security, anonymity, and speed in transactions. This article delves into the fascinating intersection of digital finance and online casinos, exploring how these innovations are shaping the future of gambling.

Exploring the Intersection of Digital Finance and Online Casinos

NewsBreak

PEXX Raises $4.5 Million in Seed Funding for its Innovative Stablecoin-to-Fiat Payment Platform

[PRESS RELEASE – Singapore, Singapore, July 16th, 2024]. PEXX, a pioneering fintech startup specialising in cryptocurrency and blockchain technology, today announced the successful closure of a...

PEXX Raises $4.5 Million in Seed Funding for its Innovative Stablecoin-to-Fiat Payment Platform

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