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Finance
Velocity raises Series A to $48M, achieving $200M valuation with investors Visa, Circle, and Ripple
Velocity, a London‑based provider of payments infrastructure, announced a significant boost to its capital base this week, closing a Series A round that now totals $48 million. The fresh infusion of funds pushes the company’s post‑money valuation to $200 million, a milestone that underscores both the firm’s rapid growth trajectory and the broader appetite for innovative fintech solutions in today…
Sept. 15, 2026, 11 a.m.
Finance
Velocity Expands Series A Funding to $48M, Achieving a $200M Valuation with Support from Visa, Circle, and Ripple
Velocity, the London‑headquartered payments‑infrastructure startup, announced a significant boost to its Series A financing round, bringing the total capital raised to $48 million. This infusion of funds pushes the company's post‑money valuation to $200 million, a milestone that underscores the growing confidence of major financial players in Velocity’s technology and strategic vision. The round …
Sept. 15, 2026, 11 a.m.
Finance
Velocity raises Series A to $48 million, achieving a $200 million valuation with backing from Visa, Circle and Ripple
Velocity, a London‑headquartered firm that builds the underlying technology for modern payment networks, has announced the closure of its Series A financing round at a total of $48 million. The round pushes the company’s post‑money valuation to roughly $200 million, a milestone that underscores both investor confidence and the growing demand for flexible, scalable payment solutions across the glo…
Sept. 15, 2026, 11 a.m.
Finance
Velocity Expands Series A Funding to $48M, Achieving a $200M Valuation with Support from Visa, Circle, and Ripple
Velocity, a London‑based provider of payments infrastructure, has announced a significant milestone in its growth journey: the company has extended its Series A financing round to a total of $48 million, pushing its post‑money valuation to $200 million. This infusion of capital comes from a distinguished group of investors, including industry heavyweights Visa, blockchain finance leader Circle, a…
Sept. 15, 2026, 11 a.m.
Finance
How a Minor Coding Error Enabled a Hacker to Steal $7.8 Million from a Crypto Wallet
In early 2024, the cryptocurrency world was shaken by a headline‑grabbing theft that saw $7.8 million vanish from a single digital wallet. While the sum itself was staggering, the underlying cause was far more instructive for developers, auditors, and everyday users of decentralized finance (DeFi) tools. The breach was not the result of a vulnerability in the popular multi‑signature wallet platfo…
Sept. 15, 2026, 10:27 a.m.
Finance
How a Minor Coding Error Enabled a Hacker to Steal $7.8 Million from a Crypto Wallet
In the rapidly evolving world of decentralized finance, even the smallest oversight in smart‑contract code can have catastrophic consequences. This was starkly illustrated when a single, seemingly innocuous coding mistake allowed a malicious actor to siphon $7.8 million from a high‑value cryptocurrency wallet. The incident sparked intense scrutiny from security firms, blockchain enthusiasts, and …
Sept. 15, 2026, 10:27 a.m.
Finance
How a Minor Programming Error Enabled a Hacker to Steal $7.8 Million from a Crypto Wallet
In early 2024 a high‑profile theft rocked the cryptocurrency community when a hacker managed to siphon roughly $7.8 million from a digital wallet that was believed to be protected by the popular multisignature platform, Safe. The incident quickly became a case study in how even a seemingly innocuous line of code can open a backdoor for malicious actors, especially when it involves smart contracts…
Sept. 15, 2026, 10:27 a.m.
Finance
How a Minor Programming Error Enabled a Hacker to Steal $7.8 Million from a Crypto Wallet
In early 2024, the cryptocurrency community was shaken by a dramatic theft that saw a single wallet lose roughly $7.8 million in digital assets. The loss was not the result of a sophisticated breach of the Safe smart‑contract wallet itself, but rather the consequence of a seemingly innocuous coding oversight in an auxiliary contract that the wallet’s owner had deliberately authorized. This incide…
Sept. 15, 2026, 10:27 a.m.
Finance
How a Minor Coding Error Enabled a Hacker to Steal $7.8 Million from a Crypto Wallet
In the rapidly evolving world of digital assets, even the smallest oversight in code can open the door to massive financial losses. This reality was starkly illustrated when a seemingly innocuous programming mistake allowed a malicious actor to siphon $7.8 million from a cryptocurrency wallet. The incident underscores how complex smart‑contract ecosystems, while offering unprecedented flexibility…
Sept. 15, 2026, 10:27 a.m.
Finance
How a Minor Programming Error Enabled a Hacker to Steal $7.8 Million from a Crypto Wallet
In the rapidly evolving world of digital assets, even a seemingly insignificant line of code can open the door to massive financial loss. This was starkly illustrated when a hacker managed to siphon $7.8 million from a cryptocurrency wallet, exploiting a simple coding oversight that most developers would never have imagined could be so costly. The incident underscores the critical importance of r…
Sept. 15, 2026, 10:27 a.m.