Daniel Levi - Tech Startups

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Sternum’s Free License for OpenWrt Devices: Eradicating the Issue of Trust in IoT

Daniel Levi Posted On August 23, 2022

The number of IoT-connected devices worldwide is expected to approach 30 billion by 2030. This is more than double the 13 billion estimate for 2022. With this many devices, it is worrying that there is still no security standard established […]

2.7K Views

Energy / Environment / Featured / Startup Funding / Startup Spotlight / Startups / Tech Startup News / Tech Startups / Technology News

Fusion energy startup Focused Energy scores $15M to generate unlimited carbon-free energy and decarbonize the planet

Daniel Levi Posted On August 22, 2022

The global energy demand is projected to grow 47% by 2050. Currently, fossil fuels still remain the largest energy source but oil reserves continue to dwindle. What about clean energy? Researchers also predicted that over the next 30 years cannot be […]

1.9K Views

Cryptocurrency / Featured / Startup Spotlight / Technology News

FDIC orders crypto exchange FTX to stop ‘false and misleading’ claims that crypto funds are insured by the US government

Daniel Levi Posted On August 22, 2022

Crypto exchange FTX found itself in hot water over a now-deleted tweet where it claimed that crypto funds at the company are insured by the US government. On Friday, the Federal Deposit Insurance Corporation (FDIC), one of the US bank regulators, ordered […]

1.2K Views

Gaming / Startup Spotlight / Tech Startup News / Tech Startups / Technology News

Decentral Games unveils fast-paced ‘Sit-n-Go’ tournaments in the newly launched ICE Poker Flex app

Daniel Levi Posted On August 18, 2022

Back in June, we covered Decentral Games after the startup landed a $1 million MANA grant from Decentraland DAO to support ICE liquidity. The award, which followed a hard-fought battle, supported the Decentral Games’ $ICE token and the rollout of its […]

1.8K Views

Featured / FinTech / Startup Spotlight / Tech Startup News / Tech Startups / Technology News

Madfish launches Yupana Finance, the first decentralized lending protocol on Tezos

Daniel Levi Posted On August 18, 2022

Today, open-source blockchain network Tezos welcomes the release of Yupana.Finance on its platform. Developed by a team of blockchain engineers at Madfish, Yupana.Finance is a decentralized and the first non-custodial lending protocol on Tezos. With this launch, Madfish is providing the […]

1.5K Views

Energy / Environment / Startup Spotlight / Startups / Tech Startup News / Tech Startups / Technology News

Curio is a nuclear waste recycling startup that wants to solve the 2,000 metric tons of new nuclear waste problem generated in US every year

Daniel Levi Posted On August 17, 2022

Energy powers the world. Today, nuclear power currently provides about 20 percent of US electricity— and 50 percent of its carbon-free electricity, according to data from the US Energy Information and Administration (EIA). However, what’s rarely discussed is the overall energy lifecycle […]

1.9K Views

Acquisition / Featured / Startup Funding / Startup Spotlight / Tech Startup News / Tech Startups / Technology News

Tencent to sell its $24 billion stake in food delivery giant Meituan to appease the Chinese government

Daniel Levi Posted On August 16, 2022

In the past two years, China began to crack down on tech companies, wiping billions of dollars of value from its most prominent companies including Alibaba. Then in May, the Chinese government showed signs of easing its crackdown on the country’s tech […]

1.5K Views

Dapps / DeFi / Startup Spotlight / Startups / Tech Startup News / Tech Startups / Technology News

When It Comes To Smart Contracts, Safer Assets Are The Key To Better dApps

Daniel Levi Posted On August 15, 2022

Smart contracts have emerged as one of the most fundamental technologies in decentralized networks, forming the basis of today’s growing blockchain industry. It’s smart contracts that allow DeFi applications to process transactions, and NFTs and the metaverse to function in […]

3.2K Views

FinTech / Startup Funding / Startup Spotlight / Tech Startup News / Tech Startups / Technology News

UK-based fintech startup Bankifi raises $4.8M to offer embedded banking solutions for small and medium businesses (SMEs) and expand into the US market

Daniel Levi Posted On August 15, 2022

With the rise of challenger banks and neobanks, community financial institutions in the United States continue to face existential threats from fintech companies, national banks, and accounting package vendors that are offering a competitive suite of payment solutions to SMBs. Now, […]

1.7K Views

Cryptocurrency / Cybersecurity / Featured / Hacking / Security / Startup Spotlight / Tech Startup News / Tech Startups / Technology News

Suspected developer of crypto mixer Tornado Cash arrested for laundering $7 billion worth of crypto

Daniel Levi Posted On August 12, 2022

Dutch authorities announced on Friday they had arrested a 29-year-old man believed to be a developer for the cryptocurrency mixer Tornado Cash. The announcement comes just a few days after the US Treasury put the notorious crypto startup on its sanctions list. […]

2.0K Views

Blockchain / Startup Spotlight / Tech Startup News / Technology News

Binance Labs makes a strategic investment in Ankr

Daniel Levi Posted On August 11, 2022

Just two days after the launch of its ANKR token staking to allow Web3 users to earn rewards, Web3 infrastructure provider Ankr announced today it has received a strategic investment from Binance Labs to further improve the scalability of blockchain networks. The […]

1.5K Views

Blockchain / Featured / Launch / Startup Funding / Startup Spotlight / Startups / Tech Startup News / Tech Startups / Technology News

Decentralized tech startup Satellite IM closes $10.5M to offer the world’s first web3 communications platform with private messaging

Daniel Levi Posted On August 11, 2022

Data breaches in the US hit a record high in 2021 affecting nearly 300 million victims. The cost of a data breach continues to skyrocket. According to a recent IBM study conducted by the Ponemon Institute, data breaches cost American companies on average […]

1.9K Views

Startup Spotlight / Tech Startup News / Tech Startups / Technology News

Jeff Bezos, Bill Gates, and other billionaires are backing this AI tech startup that is exploring for rare minerals buried beneath Greenland’s ice to power electric vehicles

Daniel Levi Posted On August 10, 2022

While some may disagree about the true cause of climate change, everyone agrees that global warming is bad because of its disastrous ecological consequences and potentially lead to a dramatic transformation of our planet as we know it. But there are also some […]

2.1K Views

Acquisition / Featured / Health / HealthTech / Startup Spotlight / Technology News

TikTok parent ByteDance acquires Amcare Healthcare for $1.5 billion to make inroads into China’s $1 trillion healthcare market

Daniel Levi Posted On August 10, 2022

TikTok parent-company ByteDance’s healthcare unit in China, Xiaohe Health, has acquired a high-end private hospital chain called Amcare Healthcare in a deal worth $1.5 billion, according to a report from Bloomberg. A spokesperson for Xiaohe Health also confirmed the acquisition. The announcement is […]

1.8K Views

Launch / NFT / Startup Spotlight / Tech Startup News / Tech Startups / Technology News

Nas Academy partners with Invisible College to launch crypto academy for Web3

Daniel Levi Posted On August 9, 2022

Just 5 years ago, the world had 5 million social media creators. Today, that number is over 50 million. With this increase also comes the need to train and empower creators to adapt to changing technology and be equipped with […]

1.5K Views

Launch / Startup Spotlight / Technology News / Token

Ankr launches ANKR token staking to allow Web3 users to earn rewards

Daniel Levi Posted On August 9, 2022

Quick Take • 70% of the tokens are distributed to the node — 49% going to individual stakers and 51% allocated to node providers • 30% of the tokens go to the Ankr Treasury (controlled by Ankr DAO) • Nodes […]

1.7K Views

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Israeli tech startup Shopic bags $35M to bring its AI-enabled smart cart to top U.S. grocery chains

Daniel Levi Posted On August 9, 2022

These days, leading grocers and retailers are constantly exploring smart cart technologies to meet the growing demand for frictionless shopping and cashier-less checkout. However, introducing purpose-built smart carts to a store is often operationally complicated and very costly. Enter Shopic, a […]

1.7K Views

Featured / Startup Spotlight / Startups / Tech Startup News / Tech Startups / Technology News

SoftBank reports its biggest ever loss, posts a $21.6 billion in quarterly loss

Daniel Levi Posted On August 8, 2022

Softbank reports its biggest loss ever, posted a $23.4 billion in quarterly loss as the global market sell-off spread to tech stocks and shredded valuations at its Vision Fund unit. The announcement comes just two years after the Japanese giant posted a […]

1.3K Views

Startup Spotlight / Technology News

Vietnam’s EV tech startup VinFast is hiring 8,000 new employees even as tech companies continue to lay off thousands

Daniel Levi Posted On August 5, 2022

Late last month, we wrote about VinFast after the new Vietnamese electric vehicle (EV) tech startup made its push into the US market. VinFast is a subsidiary of Vingroup, Vietnam’s largest conglomerate founded by Vietnam’s richest man Phạm Nhật Vượng. […]

1.8K Views

Cryptocurrency / Featured / Startup Spotlight / Technology News

Stock and crypto trading app Robinhood lays off 23% of its workforce as recession hits the crypto market

Daniel Levi Posted On August 4, 2022

Commission-free stock and trading app Robinhood is laying off 780 staff, about 23% of its total workforce. The layoffs followed a previous round of layoffs that the company announced in April, which saw 9% of its people (~342 people) out of jobs. […]

1.6K Views