Top Tech startup news stories you need to know this Saturday, January 27
Happy weekend, folks! Here are some of the top tech startup news stories today Saturday, January 27.
Blockchain startup Voatz is redefining how we vote. Mobile election voting platform startup Voatz is aiming to use of blockchain to solve online voting problems and challenges. In the United States, more than 30 states currently offer online voting, but it has not reached mainstream adoption due to security concerns. Voatz is working to solve those problems to finally bring online voting to the public by leveraging blockchain’s decentralized technology.
SaaS startup Paperflite secures $400K seed funding to strengthen its US presence. Paperflite, a New York and Chennai-based SaaS startup, has closed $400K seed funding round to to strengthen its presence in the US and European markets and expand to emerging markets such as Latin America, Singapore, Malaysia, the Philippines and India. The funding was led by The Chennai Angels with participation from other investors.
Coincheck lost $530 million worth of crypto coins to hackers. Japan’s biggest cryptocurrency exchanges, Coincheck, said it lost about $530 million in crypto coins to hackers. The coins were stolen via several unauthorized transactions from a hot wallet at 3:00 am local time on Friday, Jan. 26.
SoFi buys engineering teams from mortgage startup Clara to boost offerings. Social Finance Inc. (SoFi) announced it has acquired the engineering and product teams of mortgage startup Clara Lending. The acquisition will help SoFi to bolster its offerings beyond student-loan refinancing, according to report from Bloomberg.
Statecraft, a new startup working on software to help government fix housing problems, enters Y Combinator. Founded by Yury Lifshits and Stepan Korshakov, Statecraft is a new startup that is trying to help government fix housing problems. The startup just enrolled in the Y Combinator startup incubator program’s Winter 2018 cohort.
A Florida teen is trying to prevent a space debris catastrophe. Amber Yang, a Ninth-grader (now a first year college student) and astrophysics enthusiast, is trying to use artificial neural networks to identify patterns like orbital debris paths to stop a space debris calamity from ever happening.