Menlo Ventures launches $100M AI startup accelerator with Anthropic

Financial scams are rising, with losses amounting to $8.8 billion in 2022 alone. According to the United States Federal Trade Commission, losses from financial fraud have increased by 30% from 2021 to 2023. This paints a dire portrait of the dark underbelly of digital advancement, with scammers now leveraging generative artificial intelligence (AI) to craft…

“Stablecoin experimentation is happening in real-time with billions of dollars at stake in this vast permissionless lab we call DeFi,” reads a new research report from ShapeShift. The author focuses on the rise of algorithmic stablecoins and their potential use cases. 476 Total views 4 Total shares Promising innovations in DeFi have given rise to…

A sudden flashpoint ignites for Bitcoin markets, propelling the cryptocurrency beyond $7,200 to top out closer to $7,800. 3874 Total views 50 Total shares Bitcoin (BTC) surged above key resistance levels on April 23 as bulls gained control and propelled markets 10% higher.Cryptocurrency market daily overview. Source: Coin360BTC price jumps $700 in hoursData from Coin360…

The answer to the question of what level stablecoin issuers are regulated on “need not be binary,” one witness said. 583 Total views 7 Total shares State versus federal regulation was a key issue in the hearing on stablecoins in the United States House of Representatives on May 18. The House Committee on Financial Services’…

The ongoing United States-China trade war is in its fourth year. Former U.S. President Donald Trump saw different results from what he initially expected: America has taken a hit from higher tariffs and sanctions against Chinese companies and hasn’t benefited from it nearly to the same extent. It has cost the country up to 245,000…

As banks look to tokenize currency and USDT volume rises, experts see a bright future for stablecoins. 1161 Total views 25 Total shares In a June 24 webinar put on by the Chamber of Digital Commerce, major figures from the crypto community spoke about the growing role of stablecoins.Long-term view of stablecoinsOne of the guests…

Indian telecoms provider Reliance Jio Infocomm Limited (known as Jio) has pledged to build what it describes as one of the world’s largest blockchain networks.Chairman: Nodes to be active from day oneSpeaking at the company’s 42nd AGM (1.01) on Aug. 12, chairman and managing director Shri Mukesh D. Ambani said blockchain technology formed one of…

Michael Saylor previously forecasted that Bitcoin will reach approximately $13 million per coin by 2045.