On September 15, payment startup Velocity increased its Series A funding from $38 million to $48 million, with new investors including Visa, Circle, and Ripple. Haun Ventures, Translink Capital, and Mirana Ventures also participated in the new funding round, bringing the post-money valuation to $200 million.
Welcome Back
Click “Sign in” to agree to Cointime’s Terms of Service and acknowledge that Cointime’s Privacy Policy applies to you.
Join CoinTime
Already have an account?
Click “page.Sign up” to agree to Cointime’s <a class="underline" href="#term-of-service">Terms of Service</a> and acknowledge that Cointime’s a class="underline" href="#privacy-policy">Privacy Policy</a> applies to you.
Sign in with email
Sign up with email
Your email
Check your inbox
Click the link we sent to to sign in.
Click the link we sent to to sign up.
Payment Startup Velocity Raises Series A Funding to $48 Million with Investments from Visa, Circle, and Ripple
-
Wechat scan to share
Recommended for you
-
CSRC Approves Establishment of Citigroup Securities (China) Co., Ltd.
On October 23, the China Securities Regulatory Commission (CSRC) approved the establishment of Citigroup Securities (China) Co., Ltd. (hereinafter referred to as Citigroup China). Citigroup China is registered in Shanghai with a registered capital of 1.2 billion RMB. Its business scope includes securities brokerage, securities investment consulting, securities underwriting and sponsorship, and proprietary securities trading. The sole shareholder is Citigroup Global Markets Holdings Inc., which holds 100% of the investment. (CSRC) -
U.S. Semiconductor Stocks Rise Pre-Market, SK Hynix Up 5.5%
U.S. semiconductor stocks are broadly rising in pre-market trading, with SK Hynix (SKHY.O) up 5.5%, SanDisk (SNDK.O) up 2.8%, and Micron Technology (MU.O) up 2.62%. -
Western Digital (WDC.O) Falls Over 3% in Pre-Market Trading
In pre-market trading, Western Digital (WDC.O) has dropped over 3% following the company's release of its first-quarter financial report. -
Kimchi Price Surge Followed by 95% Crash in $385,000 Scam Profits
On October 23, Lookonchain reported that a certain address, kimchi (@kimchi1x), received 500 million $kimchi tokens and posted related content. User @a1lon9 had retweeted it but later deleted the post, and @kimchi1x also removed the original post. The price of $kimchi surged to a market cap of $14 million before crashing over 95%. Lookonchain pointed out that the scammers used multiple wallets to buy low and then sell, making profits exceeding $385,000. -
Bridgewater Adjusts China Investment Strategy: Reduces Gold Allocation
On October 23, Bridgewater's China business unit informed investors that the institution's bullish stance on gold has decreased. The Shanghai-based hedge fund stated in a letter to investors in September that it has gradually reduced its previously overweight gold positions. The reason is that rising interest rates have increased the opportunity cost of holding gold, while rising oil prices have suppressed demand from energy-importing countries like India. (Jin Shi) -
National Fiscal Revenue Grows 5.1% Year-on-Year in First Three Quarters
On October 23, the Ministry of Finance released data indicating that fiscal revenue serves as a 'barometer' for economic performance. In the first three quarters of this year, fiscal revenue showed steady growth, with the national general public budget revenue reaching approximately 17.23 trillion yuan, a year-on-year increase of 5.1%, which is 0.4 percentage points higher than the growth rate in the first half of the year. Among this, national tax revenue was about 14.07 trillion yuan, marking a year-on-year increase of 6.1%, an increase of 0.8 percentage points compared to the first half of the year. In terms of fiscal expenditure, the general public budget expenditure for the first three quarters was approximately 21.02 trillion yuan, a year-on-year increase of 1%, with good support for spending related to human investment. (Xinhua News Agency) -
Crypto Trader Serenity Reports $13.59 Million Drawdown in October
On October 23, crypto trader 'White-haired Stock God' Serenity posted an update on their personal position drawdown on platform X, stating, 'October has seen some minor fluctuations.' In the spirit of transparency, they shared the account drawdown data, which shows a drawdown of $13,589,443.2 in October, approximately $13.59 million. -
Ministry of Finance: Stamp Duty Revenue Reaches 412.1 Billion Yuan in First Three Quarters, Up 31.1% Year-on-Year
The Ministry of Finance reported that stamp duty revenue in the first three quarters reached 412.1 billion yuan, marking a year-on-year increase of 31.1%. Among this, the stamp duty from securities transactions amounted to 239.1 billion yuan, reflecting a year-on-year growth of 65.1%. (Ministry of Finance) -
Netanyahu Asks Party to Cancel Election Activities in Hebron, West Bank
According to Israeli media, Prime Minister Netanyahu has requested his party to cancel election activities in Hebron, southern West Bank, following a shooting incident in the area. -
Yushu Technology Surges Over 16% in a Day, Stock Price Exceeds 600 Yuan
On October 23, Yushu Technology rose over 16% in a single day, with its stock price surpassing the 600 yuan mark, accumulating a rise of over 40% this week. (Jinshi)
Daily Must-Read
-
KeyFlow: As AI Agents Enter Large-Scale Collaboration, Value Flow Is Becoming a New Foundation of the Intelligent Economy
-
OpenAI Just Gave Agents Their Own Computers: AI Is Finally Starting to “Go to Work” — and UniKey’s Next Step Is Bigger Than Agent Factory
-
Breaking the Monopoly of Market Makers: DMDAI’s Autonomous AI Hash Power Network and Distributed Computing Infrastructure Open the Door to Community-Driven Market Making
-
Rebuilding On-Chain Liquidity Sovereignty: How the COMM Protocol Tackles LVR Losses and Captures Cash Flow for the Community
-
KeyFlow: Connecting UniKey, AI Agents, and the KEY Value System, Turning Intelligent Services from “Being Called” into “Sustainable Flow”
-
The AI Universe Gateway Is About to Open: KeyFlow Official DApp to Launch Global Public Beta and Genesis Registration on July 29
All Comments