Wise (formally TransferWise) is one of the UK’s largest fintech companies with a valuation of $4.8 billion. We covered the unicorn fintech startup back in September 2021 after its Billionaire co-founder and CEO Kristo Kaarmann was fined nearly $500,000 for deliberately not paying […]
In early May, Terra Luna stablecoin suddenly collapsed 99 percent causing millions of crypto investors to lose their life savings. Before the collapse, Terra was ranked among the top 10 most valuable cryptocurrencies. Now many are worried that the contagion could spread […]
BlockFi found itself in deep financial trouble following reports of multiple complaints that customers could not withdraw their funds due to the company’s exposure to Three Arrows Capital. Last week. the crypto lender received $250 million credit line from crypto exchange FTX as […]
Blockchain technology has often been attributed to cryptocurrencies like Bitcoin and Ethereum but there is more than what meets the eye. Unlike in the earlier years, innovators in this space are now exploring beyond the digital asset realm. Most notably, […]
Crypto.com users can now purchase crypto with Apple Pay in the Crypto.com App, the retail crypto exchange said in a statement on Friday. In an announcement, Crypto.com said that it has teamed up with Apple to simplify investing and lets users make […]
Crypto tech startup Harmony announced Thursday that hackers have stolen $100 million worth of crypto from its Horizon blockchain bridge. The hack is the latest in a series of major heists in the world of decentralized finance (DeFI). The announcement comes just three […]
Crypto exchange startup Bybit continues to grow and expand globally amid the ongoing turmoil in the crypto market. Early this week, Bybit announced the launch of its grid trading bot that lets users utilize automate their buy and sell orders and adjust […]
As well as accessing social media tools like Twitter and utilizing services such as Netflix, gaming is a favored entertainment option in the modern world. In fact, gaming has always been a go-to product for many of us, except the […]
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 […]
