In 2021, the US sports betting industry set a new record as the highest-grossing year ever, reaching $53 billion in revenue, according to the American Gaming Association (AGA). Thanks to the US Supreme Court overturning the Professional and Amateur Sports Protection […]
Have you ever wondered what happens when you wring out a wet towel in a zero-gravity? Thanks to an experiment by high school students from Fall River, Nova Scotia, we now know. The experiment was designed by high school students from Nova […]
Google announced on Thursday that Apple and Android smartphones in Italy and Kazakhstan were hacked by an Italian company’s hacking tools. According to the report, the tech giant said that Milan-based RCS Lab, whose website claims European law enforcement agencies as clients, […]
Augmented reality (AR) and virtual reality (VR) are two of the most underrated technologies with a lot of potential ranging from their application in education and learning to medicine. It is estimated that 32% of companies would incorporate this technology […]
As Yogi Berra once said, “It’s deja vu all over again.” In May, Terra Luna algorithmic stablecoin terraUSD collapsed 99% overnight causing millions of crypto investors to lose their life savings. Just a few weeks before the collapse, the Tron DAO Reserve decided to […]
SumUp, a London-based fintech startup with over 4 million small businesses worldwide, has raised $620 million (€590 million) in funding. The financing, which is a combination of debt and equity, pushes the company’s valuation to $8.4 billion (€8 billion), a big drop […]
The U.S. construction sector was valued at around $1.36 trillion as of the end of 2020 and was expected to decline further in the next year, according to data from Statista. If you add the interior design industry, the combined […]
Twitter is now the most popular social platform to connect with what’s happening in the world in near real-time. On the surface, the platform is also known for its #hastags and 280-character limit for messages. But, what most Twitter users don’t […]
The ongoing turmoil in the crypto market has done little to stop the world’s fastest-growing cryptocurrency platform Crypto.com from making great strides. Today, Crypto.com announced it has received in-principle approval from the Monetary Authority of Singapore (MAS) for its Major Payment Institution […]
After selling out in its first drop on Binance NFT, Urbanball is now set for its second drop on the platform, this time featuring ‘Belgium Edition’ street football NFTs. The NFTs will be distributed through randomized mystery box packs and […]
Blockchain technology, despite its rising popularity, has a few shortcomings that are pulling it back from achieving mainstream success. For instance, blockchains aren’t as scalable as their “centralized” counterparts. Blockchains often run into scalability issues depending on the network congestion, […]
Coal is back from the dead in Germany as the country grapples with the fallout of economic sanctions it imposed on Russia. According to reports from major media outlets, Germany is now “planning to fire up coal plants as Russia throttles […]
With fears of uncertainty sweeping across the crypto market, it’s becoming increasingly difficult for crypto startups to raise new funds. Struggling startups have turned to capital preservation measures including layoffs to keep their business afloat. However, the unfavorable market environment […]
Cantina Royale, the popular and first real-time play-to-earn shooter game on the Elrond blockchain, prepares for its upcoming Initial DEX Offering (IDO) and NFT drop, which unlocks all crucial P2E functionality. The token sale and NFT drop will occur on […]
Elon Musk is a step closer to becoming the new owner of Twitter after the company’s board of directors unanimously approved Elon Musk’s $44 billion Twitter takeover deal, an SEC filing document shows. According to a regulatory filing with the SEC […]
Crypto tech startup BlockFi confirmed today it has signed a $250 million revolving credit facility agreement with Crypto exchange FTX following last week’s reports that the company was exposed to the carnage at crypto hedge fund Three Arrows Capital. In a […]
Late last year, we reported crypto startup MoonPay raised $555 million in funding at $3.4 billion as VCs pour billions into the cryptocurrency space. In addition to providing payment infrastructure for crypto companies, MoonPay also sells its technology to other businesses including […]
Early this month, we wrote about Tesla after CEO Elon Musk said the company planned to lay off 10% of Tesla’s total workforce due to a “super bad feeling” he has about the economy. Now Musk has clarified that layoffs will affect […]
We covered MonkeyLeague early this month after the Web3 gaming startup scored a coup in its quest to develop the world’s first esports-focused metaverse with the hiring of former first employee and CPO of NASDAQ-traded PlaytikaRaz Friedman as its Chief Product […]
WeChat, China’s most popular messaging app with over 1.1 billion daily users, announced on Monday that it will ban accounts that provide services or content related to bitcoin or cryptocurrency. The Chinese social network said it has changed its policy and will […]
