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ThetaRay Secures $57M to Strengthen AI-Powered Battle against Money Laundering

The funds will be used by the comapny for international expansion across continents to capitalize on significant market demand. Popular Israeli fintech company ThetaRay, known for its cutting-edge AI-based transaction monitoring and screening solution, Sonar, has secured $57 million in a funding round. The announcement, made on Tuesday, revealed that the

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SEBA Bank secures in-principle nod for crypto services in Hong Kong

The Hong Kong arm of crypto-friendly Swiss bank SEBA Bank has received in-principle approval from the Hong Kong Securities and Futures Commission (SFC) allowing it to deal in virtual assets.On Aug. 30, SEBA Hong Kong said its in-principle approved license would allow it to operate with crypto products such as

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Vessel Capital secures $55M to invest in Web3 infrastructure: Report

Venture capital firm Vessel Capital has announced a $55 million fund to invest in Web3 infrastructure and applications, TechCrunch reported. According to the founders, their goal is not to scale, but rather to assist crypto founders working on early-stage startups to launch and grow their projects.“Crypto has become more global,

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