Alibaba backs $35M MetaComp raise for stablecoin payments.

Singapore-based fintech firm MetaComp said Friday it has completed a new funding round backed by Alibaba as it expands infrastructure for stablecoin-based cross-border payments. The company raised $35 million in a Pre-A+ funding round, bringing the cumulative capital raised across two rounds over the past three months to that amount, according to an announcement. origin »

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The AI reset is now underway as layoffs accelerate and one group is hit hardest.

AI pressure points in tech labor are real, and Bitcoin will feel them through macro, not mystique After years of claims that AI will cause chaos in the labor market, sentiment seems to be at an all-time low around AI layoffs, with social media accounts surfacing to track how fast white-collar tech work is already […] The post The AI reset is now underway as layoffs accelerate and one group is hit hardest appeared first on CryptoSlate. origin »

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