IntroductionAll animals, plants, fungi and protists — which collectively make up the domain of life called eukaryotes — have genomes with a peculiar feature...

Standard Chartered Bank has begun to roll out the ability for people who travel abroad to pay for things via a direct connection to...

Read Time: 5 minutes Exploring the hacks that lead to million-dollar losses. Cross-chain bridges don’t need an introduction. They have been used for a while...

The creation of smart contracts and Web3 interfaces has led to an entirely new play-to-earn or nonfungible token (NFT) genre of video games. But...

Advertisement &nbsp &nbsp Ankr was the victim of a hack that cost the project losses of over $5 million. The team briskly patched the...

As companies are increasingly adopting machine learning (ML) for their mainstream enterprise applications, more of their business decisions are influenced by ML models. As...

Cryptocurrency company, Luno has launched an early-stage investment arm, Luno Expeditions, to back fintech and crypto or web3 startups across the globe, according to an announcement from TechCrunch. Luno launches investment arm to back over 200 fintech and crypto/web3 startups yearly https://t.co/Jc4jLltUef by @ulonnaya — TechCrunch (@TechCrunch) March 16, 2022 The investment arm will fund between 200-300 startups annually and diversify beyond crypto into the broader fintech space. The fund will invest between $50,000 to $250,000 and dig out between $15 million to $75 million yearly which essentially means an investment between $50 million to $300 million range will be committed when looking at typical investment periods of funds of around three-four years. CEO Jocelyn Cheng will spearhead this new project as she leads an all-female team of five. She has prior experience in investing in the startup industry over the last six years as the managing director at Global Innovation Fund, an impact investment VC. “There are very few truly global and very early-stage fintech funds in the world; we see an exciting opportunity here to build one. The reason why it’s not just pure crypto is that over the past few years, as operators scaling some of the largest crypto businesses in the world, we have noticed that there is such a strong intersection between some of the traditional fintechs and crypto,” said Cheng. Venture Capital Firms Bullish on Crypto Companies Earlier last year, leading venture capital firms such as Paradigm and Andreessen Horowitz have launched crypto funds upto $2.2 billion and $3 billion respectively. Additionally, there have been more crypto funds from Hack VC, Electric Capital, Crypto.com, and Inflection, all launched within the last three months. Luno Expeditions has already invested in 20 crypto and fintech companies such as Nala, a Tanzanian remittance solution; Oraan, a digital bank for Pakistani women; Notabene, a crypto compliance solution in Israel. Others include African crypto exchange platform Busha and fintechs Stitch and Root.

The post Luno Launches Venture Capital Firm Arm to Invest in Web3 Startups appeared first on Cryptoknowmics-Crypto News and Media Platform.

Silicon Valley luminaries, led by Apple alumnus and NeXT Computer co-founder Rich Page, to support the company’s technology development, data and analytics, and consumer engagement strategy NEW YORK–(BUSINESS WIRE)–$PAVM #DigitalHealth—PAVmed Inc. (Nasdaq: PAVM, PAVMZ) (“PAVmed”), a diversified commercial-stage medical technology company today announced that its majority-owned digital health subsidiary Veris Health (“Veris”) has launched a […]

The post PAVmed Subsidiary Veris Health Launches World-Class Technology Advisory Board appeared first on Fintech News.

How Livspace used an interior design chatbot to generate leads and slash their resolution time by 89%.The world of interior design and home renovation...

Historic news out of the Middle East leads off our international fintech coverage this week on Finovate Global. Israel’s AI-powered transaction monitoring innovator ThetaRay has been selected by the UAE’s Mashreq Bank to help ensure secure cross-border transfers for its correspondent banking business. The partnership marks the first time that an Israel-based fintech company has Read more...

The post ThetaRay Forges Historic Partnership with UAE’s Mashreq Bank to Enable Secure Cross-Border Fund Transfers appeared first on Finovate.

With the launch, SentinelOne has appointed Rahul Ravulur to lead the new data analytics solution.