On April 29, Latin American digital wallet Belo completed a $14 million Series A financing round, led by stablecoin issuer Tether, with participation from Titan Fund, The Venture City, Mindset Ventures, and G2. The company plans to use this funding to expand into Mexico, Chile, Colombia, Peru, Bolivia, and Paraguay, while deepening its business presence in Brazil, focusing on serving freelancers and remote workers engaged in cross-border payments. The goal is to reduce the costs and friction associated with cross-border payments and foreign exchange through stablecoin infrastructure.
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Belo Completes $14 Million Series A Financing Led by Tether
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MoonPay Acquires Crypto Security Startup Sodot for $100 Million in All-Stock Deal
MoonPay has announced the acquisition of Israeli crypto security startup Sodot for $100 million in an all-stock transaction. Following the completion of this acquisition, Sodot will be integrated into MoonPay's newly established Institutional division. MoonPay Institutional is expected to provide a range of cryptocurrency and blockchain services to large traditional financial institutions, including trading, tokenized securities, payments, wallet management, and stablecoin issuance. -
BTC Falls Below $77,000
Market data shows that BTC has fallen below $77,000, currently priced at $76,988.19, with a 24-hour increase of 0.2%. The market is highly volatile, so please ensure proper risk management. -
Cyberspace Administration: Rapid Development of AI is Profoundly Changing Content Production
On April 29, according to The Paper, the State Council Information Office held a press conference. At the meeting, Niu Yibing, Deputy Director of the Cyberspace Administration of China (CAC), stated that the rapid development of new artificial intelligence technologies is profoundly changing content production, dissemination methods, and interaction forms in cyberspace, while also presenting new era challenges for the construction of online civilization. Niu pointed out that the development of artificial intelligence provides new technical support and pathways for producing high-quality content, innovating online communication, and cultivating a civilized atmosphere. However, it also brings a series of new issues, situations, and challenges, such as the identification of false information, personal information protection, and ethical safety in AI applications, which need to be addressed with strengthened regulation and effective responses while promoting development. Since the beginning of this year, the CAC has focused on new technologies and applications of artificial intelligence, continuously enhancing institutional supply, and in collaboration with relevant departments, has issued the 'Interim Measures for the Management of Humanized Interactive Services of Artificial Intelligence' and publicly solicited opinions from society regarding the management measures for digital virtual human information services. -
U.S. Senate to Vote Today on Confirmation of First Bitcoin-Supporting Federal Reserve Chair
On April 29, the U.S. Senate will vote today to confirm the first Federal Reserve Chair who supports Bitcoin. This position oversees the world's largest central bank and is involved in the cryptocurrency sector. (The Bitcoin Historian) -
US Spot Bitcoin ETF Sees $89.7 Million Net Outflow Yesterday
On April 29, according to monitoring data from Farside Investors, the US spot Bitcoin ETF experienced a net outflow of $89.7 million yesterday. -
US Spot Ethereum ETF Sees Net Outflow of $21.8 Million Yesterday
On April 29, according to monitoring data from Farside Investors, the US spot Ethereum ETF experienced a net outflow of $21.8 million yesterday. -
BTC Surpasses $77,000
Market data shows that BTC has surpassed $77,000, currently priced at $77,003.63, with a 24-hour increase of 0.23%. The market is highly volatile, so please ensure proper risk management. -
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ETH Surpasses $2300
Market data shows that ETH has surpassed $2300, currently priced at $2300.38, with a 24-hour increase of 0.67%. The market is experiencing significant volatility, so please ensure proper risk management. -
NVIDIA Executive to Discuss Physical AI Collaboration with Samsung and SK Hynix
On April 29, according to Yonhap News Agency citing industry sources, a key executive from NVIDIA (NVDA.US) will meet with counterparts from Samsung Electronics and SK Hynix on Wednesday to discuss collaboration in the field of physical artificial intelligence. Madison Huang, Senior Director of Product and Technology Marketing for NVIDIA's Physical AI platform, is visiting South Korea to expand partnerships in this area. Her team is responsible for NVIDIA's Omniverse development platform aimed at physical and industrial AI simulation applications, as well as supporting the company's initiatives in industrial digitalization and physical AI strategies through its robotics platform. Samsung Electronics and SK Hynix are major suppliers of memory chips used in NVIDIA's AI chips. NVIDIA is also collaborating with these South Korean chip manufacturers to deploy large-scale GPU clusters to strengthen South Korea's national AI infrastructure and promote the application of AI in robotics, factories, and industrial platforms. (Dongxin News Agency)
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