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 […]
Disgraced FTX founder Sam Bankman-Fried (SBF) has been arrested by Bahamian authorities after the United States Attorney for the Southern District of New York shared a sealed indictment with the Bahamian government. The arrest sets the stage for his extradition […]
The sudden collapse of the crypto exchange FTX has sent panic in the crypto industry, causing investors to worry about the future of the crypto market. More than a month after FTX filed for Chapter 11 bankruptcy, media attention is […]
Israeli-founded gaming giant Playtika is laying off 615 employees as part of the company’s broader restructuring. The company confirmed today following last week’s speculation that the company was planning to part with 500 employees this week. Playtika CEO and Founder Robert Antokol officially […]
In the latest sign that boundaries between Big Tech and financial firms continue to blur, Microsoft is investing $2 billion in the London Stock Exchange in exchange for a 4% stock in the firm, which further strengthens their longstanding relationship. In an […]
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 […]
Every year, hackers stole the data of billions of people around the world. In September, Australia’s second-largest telco Optus suffered a major data breach causing hackers to steal the personal data of 10 million customers. But have you ever wondered […]
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 […]
The existing crypto experience is “absolute garbage”, according to Radix CEO Piers Ridyard, and unless the DeFi industry undergoes a radical transformation, it doesn’t have hope in hell of replacing the traditional financial system that it rivals. Ridyard was delivering […]
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 […]
“Not your keys, not your crypto.” If you’ve traded a token or two in your time, you’ve likely heard this phrase thrown around before. For those who haven’t, the six-word warning is often said in reference to the use of […]
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 […]
The collapse of Sam Bankman-Fried’s crypto exchange FTX appears to be bigger than most people think. With millions of investors losing billions of dollars to the now-bankrupt crypto exchange, we’re now learning that FTX not only spent customers’ money on Sam […]
Back in April, DeFiChain, the world’s leading blockchain on the Bitcoin network with over $300 million TVL, activated its much-anticipated Fort Canning Road hard fork on its network. The release enables users to mint dTokens backed by 100% dUSD. Since then, […]
