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Stellar Development Foundation Invests $5M in Crypto Payments Firm Wyre

The Stellar Development Foundation has invested in blockchain payments company Wyre to boost support for financial applications in the Stellar ecosystem.The Foundation said the $5 million Enterprise Fund investment in Wyre will introduce a variety of payment application programming interfaces (APIs) that can be used by apps on the Stellar

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Tether’s Bank Says It Invests Customer Funds in Bitcoin

Deltec, Tether’s Bahamas-based bank, announced Thursday it was investing customer funds in bitcoin.The announcement, made by Deltec Bank & Trust Chief Investment Officer Hugo Rogers during a year-in-review video, raises new questions about whether the dollar-pegged USDT stablecoin, which is in theory backed by cash and “cash equivalents,” as well

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Publishing Giant Bertelsmann Invests in Berlin-Based Crypto Fund

Greenfield One, an early stage crypto venture firm based in Berlin, has secured its first major backers for a second fund, including an investment from Bertelsmann, a private German multinational.Bertelsmann is a media company with a vast portfolio, including the largest publisher of books in the English-speaking world, Penguin Random

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Singapore’s National Research Foundation Invests $9M in Blockchain Innovation

A Singapore government research department has launched a new program intended to advance commercial applications of blockchain within the city-state.According to a report by The Strait Times on Monday, the S$12 million (US$8.99 million) program from the National Research Foundation (NRF) will support research and development of real-world use cases

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