VanEck Introduces $30M Ventures Fund for Crypto and AI
VanEck’s new $30 million fund, VanEck Ventures, will invest in fintech, crypto, and AI firms developing next-generation payments. VanEck, one of the U.S. issuers of spot Bitcoin exchange-traded funds (ETFs), has introduced a new initiative to support early-stage projects in the cryptocurrency and artificial intelligence sectors. On October 9, VanEck announced the launch of VanEck […]
Worldcoin Falls as Alameda Research’s Massive Dumps
Worldcoin (WLD), an AI token, is seeing heightened selling pressure as Alameda Research dumps millions to Binance. Sam Altman’s AI-crypto project, Worldcoin, has been facing significant challenges recently, particularly due to large-scale token dumps by Alameda Research. On-chain data revealed on Wednesday that the market maker has continued selling substantial amounts of the AI token, […]
Taiwan to Pilot Crypto Custody Services Through Local Banks in 2025
Taiwan seeks to promote institutional cryptocurrency adoption as regulators endeavor to pilot crypto custody services through local institutions in the first quarter of 2025. Central News Agency, a local media outlet, reported on October 8 that Taiwan’s Financial Supervisory Commission (FSC) is preparing to initiate an institutional trial of crypto custody services. Three private banks […]
Wirex Pay Introduces Non-Custodial Crypto Payments
Wirex Pay launched its modular payment chain, which improves security with non-custodial wallets and a private key mechanism. Web3 money app Wirex has launched early access to Wirex Pay, a modular blockchain specifically created for payments. This move comes as trust in centralized platforms wanes and more users shift toward self-custody wallets. On October 9, […]