Block has launched its self-custody bitcoin wallet Bitkey in 95 countries. The new wallet, announced Thursday (Dec. 7) is designed to widen access to self-custody and comes amid a resurgence in the price of bitcoin. “Today, the vast majority of the millions of bitcoin owners keep their bitcoin in the custodial platforms or exchanges where...
Web3-based streaming music platform Sona emerged from stealth with $6.9 million in funding. The company uses the basics of decentralized finance to let artists earn revenue via its rewards model, auctions and ad-free streaming, TechCrunch reported Wednesday (Dec. 6). Sona also launched its first product, Sona Stream, a subscription-free and...
Blockchain-based wholesale payment systems firm Fnality has raised $95.2 million in a new funding round. The round, as reported Tuesday (Nov. 14) by Bloomberg News, was led by Goldman Sachs and BNP Paribas. CEO Rhomaios Ram told Bloomberg the company will use the investment to fund the operations and functionality of the British pound-based...
Artificial intelligence (AI) is the focal point in the year ahead for Facebook’s parent company Meta Platforms. “In terms of investment priorities,” CEO Mark Zuckerberg said on Meta Platform’s third quarter earnings call with analysts on Wednesday (Oct. 25), “AI will be our biggest investment areas in 2024 — in...