London fintech Velocity has raised a $38 million Series A to help businesses move money with stablecoins. The Velocity Series A, led by Dragonfly and FirstMark, brings the two-year-old company’s total funding to nearly $50 million. Velocity builds treasury and settlement infrastructure for companies that want to use stablecoins, the dollar-pegged tokens now spreading across […]<br /> This story continues at The Next Web [...]
It's been almost one year since Intuit shut down the popular budgeting app Mint. I was a Mint user for many years; millions of other users like me enjoyed how easily Mint allowed us to track all [...]
BlackRock wants to run the money behind stablecoins. The world’s largest asset manager has launched two tokenised money market funds built to serve as reserves for stablecoin issuers, deepening its [...]
In an embarrassing error, PayPal blockchain partner Paxos accidentally minted 300 trillion of the PYUSD token today. PayPal's stablecoin, which it debuted in 2023, is supposed to be redeemable at [...]
In a funding round that signals a significant leap forward for AI-assisted software development, Bito has raised a $5.7 million seed extension to further advance its agentic AI platform for code revie [...]