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 […]
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 […]
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 […]
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, […]
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 […]
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 […]
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 […]
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 […]
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 […]
Sustainability is at the center of public discussion. In 2022, world leaders gathered at COP26, deciding that greenhouse gas emissions need to see a reduction of 45% by 2030, and net zero will be achieved by 2050. To achieve these […]
After Facebook announced it was changing its name to Meta in October 2021, the metaverse took the internet by storm, dominating tech headlines. No day goes by without a story about the metaverse. The talk about the metaverse is slowly making its […]
We covered Bybit last month after Oracle Red Bull Racing unveiled the 2022 NFT collection at the Monaco Grand on Bybit’s NFT Marketplace. Since then, the Bybit team has been busy working behind the scene on another important project. Today, Bybit announced […]
Dogecoin spiked on Sunday after Tesla CEO Elon Musk said that he will still be buying the meme coin. Musk’s comment was enough to cause Dogecoin to rise by 8% to $0.058. However, the 5.8 cents is a far cry from a […]
For decades, grassroots fundraising has been the preferred method of financing the campaigns of political candidates who don’t have enough media exposure to leapfrog to the front-runner status. Unfortunately today, some politicians are bankrolled by the powerful lobby groups which […]
Tesla CEO and the soon-to-be Twitter owner told Twitter employees that “it’s essential to have free speech” and for people to be able to “communicate freely.” Musk made the statement today during a virtual all-hands meeting with Twitter employees. Musk also took questions […]