South Korean prosecutors have reportedly frozen $39.6 million in crypto assets belonging to the founder of Terraform and the creator of the failed Terra blockchain project Do Kwon. The announcement comes less than a month after the country’s authorities issued […]
Audio-streaming giant Spotify has acquired Kinzen, an Irish media tech startup founded by former RTÉ journalist Mark Little and Áine Kerr, a one-time political reporter with the Irish Independent. The terms of the deal were not disclosed. The deal is the […]
In February, we wrote about Peloton after the fitness technology company fired over 2,800 employees as the founder resigned as CEO. The writing has been on the wall for the once-valued $50 billion tech giant. But the company continues to kick the can down […]
With the ongoing global economic downturn, tech startups continue to struggle to secure new funding as the glut of cheap money dries due to high-interest rates causing investors to pull back from risky bets. In the latest sign that pure equity financing is […]
As you may recall, last month, Cake DeFi announced the launch of a $50M global R&D hub in Singapore to develop best-in-class blockchain and digital asset technologies. That’s just one of the many ongoing efforts the Singapore-based fintech platform is working on. Now, […]
Financial technology or Fintech is a catch-all term that refers to the integration of new technology like artificial intelligence into offerings by financial services companies. Over the years, fintech has grown into a multi-billion dollar industry that is quickly transforming […]
With the Russia-Ukraine war entering a new phase after Russian President Putin announced a “partial mobilization” effort, many around the world are worried the escalation could lead to an all-out nuclear way. Maybe there is a reason to be worried. […]
Back in August, we covered DeFiChain after Bitcoin pioneers added four new decentralized tokens (dTokens) to its growing list of digital assets. The newly added dTokens included $dJNJ – Johnson & Johnson, $dDAX – Global X DAX Germany ETF, $dADDYY – Adidas […]
With an ever-increasing attack surface, it’s a constant struggle for companies of all sizes to continue to protect their critical assets from bad actors and cyber hackers. That’s why Minneapolis-based cybersecurity startup NetSPI is on a mission to protect enterprises with […]
Metaverse dominated the headlines late last year to early this year until it fizzled out in the middle of this year. The popularity of the Metaverse took the internet by storm when Facebook changed its corporate name from Facebook to Meta to reflect […]
During its annual hardware event in September of last year, Amazon unveiled a curious-looking device called Amazon Glow, which combined video calling with games. Glow enables kids to play and video chat simultaneously. It also provides interactive entertainment and a video-calling […]
Bitcoin is the world’s most popular cryptocurrency and also the world’s most manipulated cryptocurrency. As of 2022, bitcoin represents 40% of the total crypto assets outstanding in the new and volatile crypto markets. Now, new research just exposed the illegal bitcoin trading […]
The groundwork for today’s internet was laid in 1973 by the U.S. Defense Advanced Research Projects Agency (DARPA). At the time, the goal was to develop communication protocols that would allow networked computers to communicate transparently across multiple, linked packet networks. […]
Tesla CEO Elon Musk has reversed course and is again proposing to buy Twitter for $54.20 a share after his legal team sensed the judge would not rule in their favor and potentially avoid avoiding a courtroom fight, Bloomberg reported, citing sources […]
Last Friday, Alphabet’s Google shut down its streaming service Stadia 3 years after its launch for failure to gain traction from gamers. Although the tech giant has maintained its global dominance in the search engine space, Google continues to struggle […]
We covered 1inch back in August after the DeFi tech startup joined forces with KuCoin Wallet to launch its native swap feature. 1inch is a distributed network for decentralized protocols on Ethereum, BNB Chain, Polygon, Avalanche, Optimistic Ethereum, Arbitrum, Fantom, and Gnosis […]
While the past few years have been something of a rough ride for business owners, it doesn’t look as though 2023 is going to offer much of a reprieve. In fact, a growing number of experts are anticipating a global […]
Unless you’ve been living in a cave, the destruction of Nord Stream pipelines has dominated headlines over the past week. The pipelines, which bring natural gas from Russia to Europe via the Baltic Sea, were hit on September 28 by […]
Crypto fraud is on the rise and there is no sign of slowing down. Crypto scams were 60 times more reported in 2021 than in 2018. According to blockchain analytics firm Chainalysis, illicit addresses received over $14 billion in cryptocurrency […]
South Korean internet giant Naver Corp has agreed to acquire the popular online fashion marketplace Poshmark in a deal valued at $1.2 billion. Poshmark is a popular secondhand retailer and the largest fashion consumer-to-consumer platform in North America. Popular among Millennial and […]
