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Correction, Jan. 4, 2024: The online version of this newsletter has been corrected to specify that Nigel Morris was referencing the first climb in fintech deal volumes since the first quarter of 2022.
However, Bitcoin was not the best-performing cryptocurrency of 2024. That honor went to Virtuals Protocol (CRYPTO: VIRTUAL), which was up an astonishing 23,000% last year. Based on the strength of ...
Crypto was once a fringe sideshow for the investing public, a concern for D.C. policymakers and a subject of ridicule for top Wall Street figures. That changed in 2024.
[16] [17] In December 2024, Canadian AI startup Cohere announced plans to build a multi-billion data center built and operated by CoreWeave. [ 18 ] In June 2024, CoreWeave offered to buy Core Scientific, a Bitcoin-miner that had come out of bankruptcy protection, in an all-cash deal for $1 billion; however, the offer was rejected.
Ripple Labs was a co-founding member of the Digital Asset Transfer Authority (DATA) in July 2013. DATA provides best practices and technical standards, including anti-money laundering compliance guidance for companies that work with digital currency and other alternative payments systems. [4]
Massive crypto raises are back: Paradigm, the venture firm behind many of the industry’s top startups, is in talks to lead a round north of $200 million for Monad Labs, a startup that aims to ...