Hack VC has closed an oversubscribed $150 million Venture Fund I to invest in early-stage Web3 opportunities. The Web 3 venture capital (VC) firm is led by veteran Web3 venture investors and operators Alex Pack and Ed Roman, who have invested in and advised more than 100 Web3 projects...
Ten members of the banking community are working with the New York Innovation Center (NYIC), which is part of the Federal Reserve Bank of New York, to explore the feasibility of the regulated liability network (RLN) — an interoperable digital money platform. The proposed RLN...
Welcome to PYMNTS second series on decentralized finance, also known as DeFi. In the first series, we looked at what DeFi is, how it works, and the uses, risks and rewards that it brings. See also: PYMNTS DeFi Series: What Is DeFi? In this series,...
The Depository Trust & Clearing Corporation (DTCC), a post-trade market infrastructure for the financial services industry around the world, debuted a distributed ledger technology (DLT) with its new Project Ion platform, a company news release said Monday (Aug. 22). Project Ion is parallel processing around...
March 09, 2018
Even as a telecommunications conglomerate, it’s hardly surprising that Comcast is jumping into the world of blockchain. Via the firm’s Comcast Ventures, the company led a nearly $3.3 million funding round for blockchain startup Blockdaemon, solidifying Comcast’s presence in the distributed ledger scene. Gil Beyda, managing director of Comcast Ventures, is among the growing list […]
January 29, 2018
Money changing hands internationally is a process that carries with it all sorts of speed bumps, especially amid regulatory scrutiny. Payments can be made smoother and easier with the aid...
February 20, 2024
Hack VC has closed an oversubscribed $150 million Venture Fund I to invest in early-stage Web3 opportunities. The Web 3 venture capital (VC) firm is led by veteran Web3 venture investors and operators Alex Pack and Ed Roman, who have invested in and advised more than 100 Web3 projects and 20 unicorns at and prior to Hack VC, the […]
November 15, 2022
Ten members of the banking community are working with the New York Innovation Center (NYIC), which is part of the Federal Reserve Bank of New York, to explore the feasibility...
August 22, 2022
The Depository Trust & Clearing Corporation (DTCC), a post-trade market infrastructure for the financial services industry around the world, debuted a distributed ledger technology (DLT) with its new Project Ion...
February 05, 2020
The United States Federal Reserve is examining the possibilities and issues surrounding cryptocurrencies and digital payments, which include whether there would be a benefit to the agency issuing a digital...
