Sotheby’s, the world’s largest auction house for art and luxury items, announced on Friday that it has sold seven non-fungible tokens (NFTs) from bankrupt cryptocurrency hedge fund Three Arrows Capital for about $2.5 million. Among the tokens sold, “Fidenza #725” received […]
India’s leading fintech startup PhonePe has secured an additional $100 million in funding from General Atlantic, pushing the tally to $850 million in an ongoing financing round. This investment marks the fifth consecutive fundraise for PhonePe in the current year. […]
While cryptocurrency is often touted for its anonymity, unfortunately, it is not completely anonymous as most people believe. While crypto transactions are pseudonymous, meaning they are not directly linked to a person’s identity, the underlying blockchain technology behind cryptocurrencies can […]
Meta, the parent company of Facebook, has received a historic fine of 1.2 billion euros ($1.3 billion) from the European Union privacy regulator. This decision was made by the Data Protection Commissioner (DPC) in Ireland, giving Meta a five-month deadline […]
Braga, Portugal, May 22nd, 2023, Chainwire MetaStudio, a renowned Portuguese game studio, has announced a new partnership with Immutable, a leading Ethereum Layer 2 scaling solution provider, aimed at transforming the gaming metaverse. MetaStudio has been recognized for its innovative […]
Jeff Bezos’ space company, Blue Origin, has won the highly-coveted NASA contract to build a spacecraft that will send astronauts to and from the moon’s surface. In an announcement on Friday, NASA’s chief said that a team led by Blue […]
In today’s world, the opportunities to embark on a path of entrepreneurial success are boundless. When it comes to lucrative ventures, e-commerce, and drop shipping reign supreme, thanks to the remarkable growth of platforms like Shopify. These websites have revolutionized the […]
Despite billions of dollars being poured into generative AI startups following the recent success of ChatGPT, investors are slowly warming up to nuclear fusion startups as the technology shows increasing promise. Last week, we wrote about Helion after Microsoft agreed […]
Early last year, we wrote about Billionaire investor George Soros after he bought nearly 20 million shares of electric truck startup Rivian Automotive in December 2021. According to the SEC filings, Soros bought nearly 20 million (a total of 19,835,761) […]
OpenAI, the company behind the ChatGPT chatbot, has launched a ChatGPT app for Apple’s iOS. In an announcement on Thursday, OpenAI s CTO Mira Murati said that an Android version is coming soon. The new iPhone app, which is the […]
In June 2020 we wrote about SoftBank Group after the Japanese conglomerate launched a $100 million fund called the “Opportunity Growth Fund” to invest in Black and Latino-led startups. The fund was part of the firm’s effort to improve diversity […]
“During our security research, we found that smartphones with Qualcomm chips secretly send personal data to Qualcomm.” In 2021, Edward Snowden, a former NSA whistleblower, issued a warning regarding national security. He said that “the greatest danger to national security […]
Wefox, a Berlin, Germany-based insure tech startup, has closed $110 million in a new round of funding from existing investors including JPMorgan and Barclays. In an announcement on Wednesday, Wefox said that $55 million of the total amount raised came […]
Disgraced founder and former Theranos CEO Elizabeth Holmes is finally heading to prison after her unsuccessful attempt to avoid incarceration. The U.S. District Judge ruled that must report to prison on May 30. Holmes was convicted of running a years-long […]
In early 2020, we wrote about ServiceNow after the cloud-computing firm acquired conversational artificial intelligence (AI) platform startup Passage AI to advance its deep-learning AI capabilities. At the time, ServiceNow said the acquisition will accelerate its vision of supporting all major […]
Welcome to the wild world of Artificial Intelligence (AI). The launch of ChatGPT in late 2022 has ushered in a new era of AI, along with the good, bad, and ugly. Recently, students at Texas A&M University gasped in horror […]
Tether, a cryptocurrency startup plagued with scandals and government investigations, said on Wednesday that it’s going to buy hundreds of millions of dollars worth of bitcoin to back its USDT stablecoin. In an announcement, Tether said it would invest 15 […]
Pantos, a multichain token system backed by the Austrian crypto exchange Bitpanda, today announced the public release of the Multichain Token Creator, an easy-to-use web app that enables users to deploy tokens on multiple blockchains. Before now, developers, users, and […]
Ripple, a crypto startup best known for its cryptocurrency XRP, has acquired Switzerland-based crypto custody startup Metaco in a deal valued at $250 million, making it the company’s first major acquisition. In an announcement on Tuesday, Ripple said that the […]
Crypto exchange Coinbase has paused the withdrawals of Ethereum staking rewards for up to three days. According to multiple posts on Twitter, Coinbase has temporarily “halted the distribution of Ethereum staking rewards as a result of a technical problem.” In […]
