Web3

Huma Raises $38M to Hyper-scale its Payment Financing (PayFi) Network

Retrieved on: 
Friday, September 13, 2024

SAN FRANCISCO, Sept. 12, 2024 /PRNewswire/ -- Huma, the first Payment Financing (PayFi) network, announced today that it has raised $38 million in funding. Distributed Global led the equity round, with significant participation from Hashkey Capital, Folius Ventures, the Stellar Development Foundation, and TIBAS Ventures, CVC arm of İşbank, the largest private bank in Turkiye. Part of this raise came as investments into high-yield real world assets (RWA) assets on platform.

Key Points: 
  • SAN FRANCISCO, Sept. 12, 2024 /PRNewswire/ -- Huma, the first Payment Financing (PayFi) network, announced today that it has raised $38 million in funding.
  • Payment financing is so ingrained in every part of our lives that, without it, the entire economy would stop growing.
  • "While designing Huma, we often asked ourselves: How do you build an open payment financing network on blockchain that is more powerful than Visa?
  • An open payment financing network is going to help grow the entire payment ecosystem faster."

Theory Ventures Annual SaaS Go-To-Market Survey: AI Delivers Underwhelming Impact on Sales and Growth Rates

Retrieved on: 
Thursday, September 12, 2024

Theory Ventures , the early-stage venture capital firm specializing in early-stage software investments across data, AI, and web3, today released the results of its Annual SaaS Go-To-Market (GTM) Survey .

Key Points: 
  • Theory Ventures , the early-stage venture capital firm specializing in early-stage software investments across data, AI, and web3, today released the results of its Annual SaaS Go-To-Market (GTM) Survey .
  • Publicly presented by founder Tomasz Tunguz at SaaStr Annual, the survey tracks year-over-year changes in software companies’ sentiments, sales processes, and stressors.
  • Theory Ventures surveyed 161 respondents, more than 69% of which were from early-stage software companies compared to about 5.9% representing enterprises with more than 1000 employees.
  • Key conclusions of the survey include:
    The perceived efficiency gains of AI are high—but we haven’t yet seen those translate into conversion rates.

Netcracker Demonstrates AI-driven Automation at SCTE TechExpo24

Retrieved on: 
Thursday, September 12, 2024

Netcracker Technology announced today that it will participate in SCTE TechExpo24, the premier broadband event in the Americas, on September 24-26 at the Georgia World Congress Center in Atlanta.

Key Points: 
  • Netcracker Technology announced today that it will participate in SCTE TechExpo24, the premier broadband event in the Americas, on September 24-26 at the Georgia World Congress Center in Atlanta.
  • Hani Elmalky, Head of Product Architecture, Access at Google Fiber, a Netcracker customer, will present an insightful Tech Talk on creating an AI-driven connectivity experience on Tuesday, Sept. 24 at 12 p.m. EDT with Netcracker’s CTO, Bob Titus.
  • Netcracker will also demonstrate cutting-edge use cases in booth #2351 and show how it is leveraging GenAI for:
    These use cases will show how service providers can reduce costs, accelerate time-to-market, streamline customer experience and generate more revenue.

Huma Raises $38M to Hyper-scale its Payment Financing (PayFi) Network

Retrieved on: 
Thursday, September 12, 2024

SAN FRANCISCO, Sept. 12, 2024 /PRNewswire/ -- Huma, the first Payment Financing (PayFi) network, announced today that it has raised $38 million in funding. Distributed Global led the equity round, with significant participation from Hashkey Capital, Folius Ventures, the Stellar Development Foundation, and TIBAS Ventures, CVC arm of İşbank, the largest private bank in Turkiye. Part of this raise came as investments into high-yield real world assets (RWA) assets on platform.

Key Points: 
  • SAN FRANCISCO, Sept. 12, 2024 /PRNewswire/ -- Huma, the first Payment Financing (PayFi) network, announced today that it has raised $38 million in funding.
  • Payment financing is so ingrained in every part of our lives that, without it, the entire economy would stop growing.
  • "While designing Huma, we often asked ourselves: How do you build an open payment financing network on blockchain that is more powerful than Visa?
  • An open payment financing network is going to help grow the entire payment ecosystem faster."

OKX Wallet Team to Host 'The Carnival by OKX Wallet ft. MemeCoin Summit' on Day One of TOKEN2049

Retrieved on: 
Thursday, September 12, 2024

OKX Wallet Team to Host 'The Carnival by OKX Wallet ft. MemeCoin Summit' on Day One of TOKEN2049

Key Points: 
  • OKX Wallet Team to Host 'The Carnival by OKX Wallet ft. MemeCoin Summit' on Day One of TOKEN2049
    The OKX Wallet team will host The Carnival by OKX Wallet ft. MemeCoin Summit on September 18, 2024, from 19:00 to 00:00 (UTC+8) in the heart of Singapore.
  • This event coincides with the first day of TOKEN2049, Asia's premier Web3 and crypto conference, where OKX proudly serves as a Title Sponsor .
  • OKX Wallet is partnering with MemeCoin Summit for this event, bringing together the best of both worlds in onchain innovation and meme culture.
  • Registration is subject to approval by the host, so interested parties are encouraged to request to join early via this link .

OKX is TOKEN2049 Singapore Title Sponsor for Third Straight Year

Retrieved on: 
Wednesday, September 11, 2024

SINGAPORE, Sept. 11, 2024 (GLOBE NEWSWIRE) -- OKX , a global Web3 technology company, today announced that it is the Title Sponsor of TOKEN2049 Singapore, Asia's premier Web3 and crypto conference, for the third consecutive year.

Key Points: 
  • SINGAPORE, Sept. 11, 2024 (GLOBE NEWSWIRE) -- OKX , a global Web3 technology company, today announced that it is the Title Sponsor of TOKEN2049 Singapore, Asia's premier Web3 and crypto conference, for the third consecutive year.
  • As part of TOKEN2049 Singapore, OKX executives will take part in panels, keynotes and fireside chats during the event - with special guest appearances throughout the week.
  • OKX will also have a strong presence at Web3 conferences before and after TOKEN2049 Singapore.
  • The OKX Wallet team will host various side events coinciding with TOKEN2049 Singapore, partnering with leading projects such as Uniswap and Solana for networking and additional panel discussions.

Valory Announces Agents Unleashed Singapore - Night at the Museum

Retrieved on: 
Wednesday, September 11, 2024

Singapore, Sept. 10, 2024 (GLOBE NEWSWIRE) -- The future of AI and Web3 is set to converge at the highly anticipated " Agents Unleashed Singapore: Night at the Museum " event, scheduled for September 20, 2024, from 5 PM to 8 PM at the iconic ArtScience Museum, Marina Bay Sands in Singapore.

Key Points: 
  • Singapore, Sept. 10, 2024 (GLOBE NEWSWIRE) -- The future of AI and Web3 is set to converge at the highly anticipated " Agents Unleashed Singapore: Night at the Museum " event, scheduled for September 20, 2024, from 5 PM to 8 PM at the iconic ArtScience Museum, Marina Bay Sands in Singapore.
  • Agents Unleashed Singapore aims to unite users, builders, investors, and enthusiasts in the Web3 autonomous AI agent space, offering a unique platform to explore the current use case landscape.
  • Agents Unleashed Singapore has attracted notable sponsors, including NEAR, Olas, KryptoPlanet, and Almanak.
  • "Agents Unleashed Singapore offers an opportunity for the audience to really dive deep on some of the leading use cases in Crypto x AI."

Successful Conclusion! “The Deeper · The Richer” — WikiEXPO Thailand 2024 Provides Comprehensive Analysis of Industry Trends

Retrieved on: 
Tuesday, September 10, 2024

Bangkok, Thailand, Sept. 10, 2024 (GLOBE NEWSWIRE) -- Following a grand day-long fintech gala, “The Deeper · The Richer” — WikiEXPO Thailand 2024 has successfully concluded on September 9th.

Key Points: 
  • Bangkok, Thailand, Sept. 10, 2024 (GLOBE NEWSWIRE) -- Following a grand day-long fintech gala, “The Deeper · The Richer” — WikiEXPO Thailand 2024 has successfully concluded on September 9th.
  • During the expo, fintech elites, business leaders, policymakers, and investors from around the world gathered to witness this historic moment.
  • The successful conclusion of “The Deeper · The Richer” — WikiEXPO Thailand 2024 not only marks an important gathering for the global fintech industry but also injects new energy and vitality into the future development of the sector.
  • We look forward to continuing our collaboration in the future to promote the prosperous development of the fintech industry!

CTH|Fundamental Labs, Axlflops, and MetaEra Announce Speakers for Palo Alto AI X Web3 Summit

Retrieved on: 
Tuesday, September 10, 2024

Palo Alto, CA, Sept. 10, 2024 (GLOBE NEWSWIRE) -- CTH|Fundamental Labs, Axlflops, and MetaEra, organizers of the Palo Alto AI X Web3 Summit, announced several event speakers today.

Key Points: 
  • Palo Alto, CA, Sept. 10, 2024 (GLOBE NEWSWIRE) -- CTH|Fundamental Labs, Axlflops, and MetaEra, organizers of the Palo Alto AI X Web3 Summit, announced several event speakers today.
  • The summit brings together 20+ influential speakers, including thought leaders, innovators, and subject-matter experts to explore the intersection of AI and Web3, highlighting emerging trends, transformative applications, and the future impact on industries worldwide.
  • Some of the core topics on the agenda include:
    The New Frontier of Digital Creativity: Generative Arts, NFTs and RWAs
    “I’m beyond excited to join the Palo Alto AI X Web3 Summit as a keynote speaker.
  • For more information about the Palo Alto AI x Web3 Summit, please visit www.aw3.ai and join the official Telegram group to stay updated and connect instantly: https://t.me/PaloAltoAIxWeb3Summit .

1Kosmos Mentioned as a Sample Vendor in Five 2024 Gartner® Hype Cycle™ Reports

Retrieved on: 
Tuesday, September 10, 2024

For service providers, identity wallets can enable new service models that require consented sharing of identity data.

Key Points: 
  • For service providers, identity wallets can enable new service models that require consented sharing of identity data.
  • Use cases can involve commercial and government entities for issuers and verifiers of credentials and attributes.
  • [2] Gartner, Hype Cycle for Web3 and Blockchain, 2024, authored by Adrian Leow, published 29 July 2024.
  • [3] Gartner, Hype Cycle for Privacy, 2024, authored by Bernard Woo and Stefan Dumitrescu, published 29 July 2024.