Cointime

Cointime

Download App
iOS & Android

Crypto Evening Briefing: Bosch and Fetch.AI Launch $100M Foundation to Fuel Web3 Adoption

Cointime Official

Top Stories

India Expands National Payment Network to Singapore

India’s national payment network, called the unified payments interface (UPI), is expanding its services beyond Indian borders to Singapore. The cross-border connectivity between Singapore and India via their respective rapid payment systems, namely PayNow and the UPI. 

Japan’s FTX Unit K.K. Decides To Return Back Its Client’s Money

The FTX unit in Japan, a subsidiary of the failed cryptocurrency exchange of Sam Bankman-Fried, announced its decision to resume withdrawals this week to make the 1st of the FTX group to return funds to customers. 

CoinShares Sees 2022 Income Plunge 97% to $3.6M

European digital asset manager CoinShares (CS.ST) recorded total comprehensive income of GBP 3 million ($3.63 million) in 2022, down 97% compared to 2021, as the firm felt the pinch of FTX's collapse and its ramifications across the crypto industry.

BlackRock Issues Metaverse Thematic ETF

BlackRock becomes the latest ETF issuer in the United States to launch a thematic equity fund aimed at companies around the world that are shaping the evolution of the metaverse. 

DeFi Protocol Hope Finance Hacked for $2M at Launch

Decentralized finance (DeFi) protocol Hope Finance lost roughly $2 million worth of crypto assets on Feb. 20 to a hacker who “claimed everything from the genesis protocol.”

Market Watch

As of press time, according to Cointime data:

BTC 's live price is $24,649.45 USD, dropped by 0.79% in the last 24 hours;

ETH’s live price is $1,676.73 USD, dropped by 1.89% in the last 24 hours;

BNB’s live price is $312.77 USD, dropped by 1.47% in the last 24 hours;

XRP's live price is $0.3923 USD, dropped by 0.47% in the last 24 hours.

Fundraising News

Strider Raises $5.5M for Collaborative Story-Driven Gaming Platform

Strider has raised $5.5 million so that it can co-create story-driven games with players using Web3 technology. Makers Fund and Fabric Ventures led the funding, with participation from Shima Capital, Sfermion, Magic Eden and other notable funds, bringing the company’s total funding to date to $8.5 million.

Curio Research Raised $2.9 Million in Seed Funding, Led by Bain Capital Crypto

Curio Research raised $2.9 million in seed funding as it sets out to change the mechanics of how users interact with blockchain-based games, beyond the financial incentives it says have driven the space so far.

Bosch and Fetch.AI Launch $100M Foundation to Fuel Web3 Adoption

German multinational engineering giant Bosch and Cambridge-based artificial intelligence lab – Fetch.ai – have jointly unveiled a new foundation focused on fueling industrial adoption of software agents, AI, and Web3 technology.

Intu Had Secured $2 Million in Pre-Seed Funding From Notable Crypto Industry Players

Intu announced on Feb. 20 that it had secured $2 million in pre-seed funding from notable crypto industry players — including CoinFund, Metaweb Ventures, Fantom Foundation, Kitefin, Orrick, and angel investors.

Ex-Binance M&A Chief Seeks $100 Million for Crypto VC Fund

Bill Qian, who oversaw venture capital investments and acquisitions at Binance Holdings Ltd., is seeking more than $100 million for a crypto VC fund.

Get the latest news here: Cointime channel — https://t.me/cointime_en

Bitcoin Bitcoin $98,955.93
+1.66%
Web3 India FTX Japan Singapore BlackRock Metaverse CoinShares Crypto
Comments

All Comments

Recommended for you

  • Robinhood Chief Legal Officer Dan Gallagher Says He Won't Become SEC Chairman

    According to market news, Dan Gallagher, the Chief Legal Officer of Robinhood, stated that he would not serve as the Chairman of the US Securities and Exchange Commission.

  • Cosine: After a user used GPT to write a bot with a backdoor code, the private key was sent to a phishing website

    SlowMist Yu Xian stated in a post on the X platform that a user used GPT to write a bot with code and sent the private key to a phishing website. The reason why the private key was stolen was because it was directly sent to the phishing website in the HTTP request body. Yu Xian reminded that when using LLM such as GPT/Claude, one must pay attention to the common fraudulent behavior of these LLM. It was previously mentioned that AI poisoning attacks were carried out, and now this is a real attack case targeting the crypto industry.

  • U.S. Supreme Court rejects Facebook's attempt to avoid shareholder securities fraud lawsuit

     US Supreme Court rejected Facebook's attempt to avoid shareholder securities fraud lawsuits under the META umbrella.

  • The final value of the US one-year inflation rate in November is expected to be 2.6%, the expected value is 2.7%, and the previous value is 2.60%

     the expected final value of the US one-year inflation rate in November is 2.6%, with an expected value of 2.7% and a previous value of 2.60%. The expected final value of the US five-to-ten-year inflation rate in November is 3.2%, with an expected value of 3.1% and a previous value of 3.10%.

  • Polymarket Blocks French Users Amid Government Investigation into Gambling Law Compliance

    Polymarket has blocked users from France following reports of an investigation by the country's gaming authority for compliance with gambling laws. The ban was not stated in Polymarket's terms of service, but French users attempting to access the website using a VPN from a French server were met with a digital blockade. The ANJ, France's national gaming authority, began investigating Polymarket after a French trader placed large bets on Donald Trump winning the 2024 US Presidential election.

  • U.S. stocks open, most crypto stocks open lower

     the US stock market opened with the Dow Jones up 0.19%, the S&P 500 up 0.05%, and the Nasdaq up 0.01%. Most cryptocurrency stocks opened lower, with Coinbase (COIN.O) down 0.06%, MicroStrategy (MSTR.O) up 0.4%, and Riot Platforms (RIOT.O) down 2.6%. Previously, Bitcoin had risen above $99,000 before falling back.

  • Amazon to invest an additional $4 billion in Anthropic, OpenAI's rival

     Amazon is deepening its cooperation with Anthropic and will add an additional $4 billion investment to the company. In September of this year, Anthropic, an artificial intelligence startup, was seeking a new round of financing with a valuation of up to $40 billion. Anthropic was founded by former OpenAI executives in 2021 and focuses on creating interpretable, secure, and controllable artificial intelligence systems. The company's flagship AI model, Claude, operates based on "Constitutional AI," which uses predefined principles to guide its output, avoiding some erroneous or discriminatory output reactions.

  • Family Offices Evolve into Powerful Investment Entities with Innovative Strategies and Advanced Technologies

    Family offices, which traditionally focused on conservative investment strategies, have transformed into powerful investment entities with a focus on alternative investments, private equity, co-investments, venture capital, and impact investing. This shift has been driven by innovative financial solutions and modern investment strategies, responding to technological advancements and an evolving global financial landscape. Family offices are taking a more active role in direct investments and co-investments, particularly in high-growth companies and startups, enhancing their control and flexibility. They are also diversifying further into private markets and real assets due to geopolitical and macroeconomic uncertainties, while embracing innovative financing solutions and cutting-edge risk management techniques. Additionally, family offices are implementing AI technologies to improve their decision-making processes, particularly in investment analysis, reflecting their commitment to innovation and strategic planning.

  • The Evolution of Family Offices: Embracing Innovative Investment Strategies and Technology

    Family offices have shifted from conservative investment strategies to more active roles in direct investments and co-investments, thanks to innovative financial solutions and modern investment strategies. They are now leaders in alternative investments, private equity, co-investments, venture capital, and impact investing, leveraging their capital through non-recourse and limited-recourse financing to expand their investments across sectors and regions. Family offices are also adopting sophisticated risk management strategies, diversifying further into private markets and real assets, and integrating advanced technologies such as AI-driven platforms to enhance decision-making processes. A family office in the UAE, International Venture Investments Holding, takes an active investment approach, emphasizing operational autonomy and forming dedicated management teams for specific projects. The UBS Global Family Office Report 2024 shows that 78% of family offices plan to invest in generative artificial intelligence in the next two to three years.

  • Web3 data and AI company Validation Cloud completes $10 million in new round of financing

     Web3 data and AI company Validation Cloud announced a $10 million financing round from True Global Ventures. The company plans to use the funds to expand its AI products and achieve seamless access to Web3 data.

Daily Must-Read

Popular Activities

Delysium $AGI & AI Private Yacht Party

Delysium $AGI & AI Private Yacht Party

March 27 - March 27
Seoul

Popular Tags

Cointime
News
Contents
RSS
Company