Just a day after Binance ‘temporarily paused’ withdrawals following the outflow of $1.9 billion from the world’s largest crypto exchange, Binance CEO Changpeng Zhao (CZ) said a degree of calm has returned to the exchange. “Things seem to have stabilized,” CZ tweeted, […]
Early this year, we wrote about two tech startups that raised over $180 million in combined funding to scale their operations. The first is Tül, a Colombian tech startup that sells construction materials to small-sized retailers. The other is Estonia-based Werk raises […]
For centuries, gold has been a status symbol in India even before the arrival of the British. Indian kings and queens were adorned in gold and other jewelry. Spanning a legacy of at least 5,000 years, jewelry is a striking expression […]
The ongoing economic downturn coupled with the looming recession has exacerbated the challenges tech startups faced in raising new funds. While the funding well may be drying up, investors continue to pour money into cybersecurity, AI, and other tech sectors that […]
The United States Securities and Exchange Commission (SEC) has charged Samuel Bankman-Fried (SBF) with “orchestrating a scheme to defraud equity investors” in FTX, the agency said. The announcement came the same day Bankman-Fried was supposed to appear before the US Congress. […]
Morningstar Ventures, an investment firm specializing in digital assets and blockchain technology, is opening its first interactive digital art gallery in the heart of Dubai. Located in the Burj Daman Tower (DIFC area), ‘37xDubai’ is positioned amidst Dubai’s business and […]
Back in September, we covered Animoca Brands after the crypto-gaming startup raised $110 million in funding to advance digital property rights for gaming and build the open metaverse. Three months prior, Animoca acquired TinyTap, a Tel Aviv, Israel-based tech startup that enables […]
Last month, Twitter paused the rollout of Twitter Blue following the impersonation abuse from trolls who took advantage of the blue checkmark verification feature. Following the first unsuccessful attempt at paid account verification, Twitter announced on Saturday it will start rolling […]
From the advent of the sewing machine to the rise of e-commerce, fashion has always been on the cutting edge of innovation. Like technology, trends in the fashion industry are both forward-thinking and cyclical. This intersection between the two sectors […]
Microsoft has acquired Lumenisity, a Southampton, England-based tech startup developing next-generation hollow core fiber (HCF) technology solutions primarily for data. The total amount of the deal was not disclosed. In a blog post on its website, Microsoft said the acquisition will help the […]
Turkish grocery delivery tech startup Getir has acquired the embattled German rival Gorillas, the company said Friday. The company did not disclose the terms of the deal. But the Financial Times pegged the value of the cash-and-stock deal for Gorillas […]
You were sick but you didn’t exactly know what it was. It was in the middle of the night and you couldn’t reach your doctor. What about if you could check your symptoms and find possible causes for free in just three […]
There’s a big jump in the number of Americans with a negative view of cryptocurrency after a series of bankruptcies, crypto collapses, and scandals rocked the crypto industries. Americans’ views on cryptocurrencies have suddenly soured following the collapse of the […]
Celebrity video messaging service Cameo today announced it has partnered with Candle Media to launch Cameo Kids, a new service that enables parents and loved ones to book personalized Cameo videos for kids from their favorite family entertainment stars. The new Cameo service […]
Amid massive tech layoffs and struggles to raise new funding, some startups are still raising millions of dollars from deep-pocket investors and venture capital firms, although no one knows when the funding well may dry up. Today, Walmart-backed Indian digital payment […]
It’s been over two years since we last covered dLocal, a Montevideo, Uruguay-based fintech startup that offers a cross-border payment platform that connects global merchants in emerging markets. At the time, the Latin America-based dLocal just raised $200 million for cross-border payments […]
It’s refreshing to see tech startups making positive impacts in the world. Last year, we wrote about Songclip, a San Francisco, California-based tech startup that is working in partnership with the music industry to properly protect and monetize music IP and help […]
Swedish electric and autonomous freight tech startup Einride has raised $500 million in additional funding for its electric self-driving truck that has no room for a human driver. We covered Einride a year ago after the startup made its debut in […]
“Not your keys, not your coins,” was the statement made by Elon Musk following the implosion of the now-bankrupt crypto exchange FTX. Musk urged crypto investors to take their crypto out of the exchanges and keep them in cold wallets. Since the […]
According to the latest data from the World Bank, only 48.4% of people in Sub-Saharan Africa have access to electricity. The situation is even far worse in West Africa where only about 42% of the total population, and 8% of […]