While tech companies are still reeling from a wave of layoffs and hiring freeze, music streaming giant Spotify said on Wednesday that it expects to reach $100 billion in annual revenue, nearly 10-fold from its 2021 revenue of $11.4 billion. Since its inception about […]
Tether, the world’s largest stablecoin by market capitalization, announced Thursday that it will launch $USDT on the Tezos network, thus expanding the number of blockchain networks supporting the stablecoin to 12. The addition of USDt to Tezos demonstrates its growing momentum […]
Just two days after Elon Musk’s lawyers sent a letter to Twitter threatening to terminate the $44 billion deal over the inflated user data, Twitter has reportedly agreed to comply with Elon Musk’s bot data demands, according to a report […]
It’s been a while since we last wrote about Immuta, a Boston, MA-based tech startup created based on a mission within the U.S. Intelligence Community to build a platform that accelerates self-service access and control of sensitive data. Back then, Immuta raised […]
The exponential growth of decentralized finance (DeFi) has led to increased demand for liquid staking as billions in liquidity flow to projects into the DeFi space. Investors and users alike love liquid staking because of the potential to generate passive […]
In December of 2020, we wrote about Baidu after the China search giant announced it was looking into developing its own electric vehicles (EVs). At the time, Baidu was reportedly in talks with Chinese carmakers about making its own EVs. Then in […]
As you may recall back in March, Apple quietly acquired London-based fintech startup Credit Kudos for $150 million as part of its push to dominate the payments space. Now, the trillion-dollar tech giant is pushing further into finance and getting into the BNPL game with the launch […]
Once written off as a fad by many including us, the NFT market has now surpassed $20 billion. In 2021 alone, NFT collectors and traders spent $22 billion on NFTs, up from $100 million in 2020, according to the Guardian. But the […]
Trading giant Citadel Securities is building a “cryptocurrency trading ecosystem” in collaboration with high-frequency trading and market-making firm Virtu Financial. The new crypto trading marketplace will enable retail brokerages to offer crypto-executions to their customers, CoinDesk reported, citing a source with direct knowledge of […]
Once considered a fad, decentralized finance (DeFi) continues to grow at an astronomical rate as more and more users and investors embrace the innovation DeFi brings to bear and the benefits of retaining custody of their financial assets without the involvement of centralized […]
Less than two weeks after the collapse of Terra UST, payments giant Checkout.com announced today it will start accepting stablecoins as part of its major crypto push to take on rival payment companies PayPal and Stripe. The Amsterdam-based unicorn fintech startup said Tuesday it is […]
Cronos, the first blockchain network that interoperates with both the Ethereum and Cosmos ecosystems, is taking the next step in its journey to fund next-generation blockchain efforts and support DeFi, and GameFi startups. Today, the Crypto.com-backed Cronos announced the launch […]
The rise of the smartphone has been nothing short of meteoric. The watershed moment of the arrival of the iPhone 3 in 2008 sparked a love affair that’s seen millions forge an inseparable connection to their handheld devices which can […]
With many issues facing our world today, businesses and big corporations are no longer just focusing on short-term profit but also on their impacts on society and the world at large. Over the past few years, some of these companies […]
Polkadot is a protocol designed to allow incompatible blockchains like Ethereum and Bitcoin to securely talk to each other. Its game-changing technology has made Polkadot the darling of the blockchain community. Polkadot now boasts a large and diverse developer and coder […]
Decentralized finance (DeFi) continues to grow at an astronomical rate as millions of users and investors bypass the centralized traditional banks to trade directly with one another. In just four years since its inception, DeFI has grown to an $80 […]
Pitango is Israel’s largest venture capital fund and most prominent VC co-founded by the son of the former Prime Minister of Israel Shimon Peres. In the last two years alone, Pitango has invested in more than 20 companies and have 40 active companies […]
After a few months of funding slowdown due to the ongoing global economic downturn, it now appears that funding for technology startups has resumed in earnest as more than a dozen startups have reported raising new funding in the last week […]
In just four years since its inception, Decentralized finance (DeFi) has gone mainstream as millions of users and investors bypass the centralized traditional banks to trade directly with one another. Unlike the current legacy financial institutions, DeFi aims to facilitate transactions between […]
Back in March, private equity giant Thoma Bravo reported it acquired British enterprise software firm Anaplan for $10.7 billion, which translated to $66 per share in an all-cash transaction. Three months later, Thoma Bravo decided to cut the takeover offer by $1.1 billion to $9.6 […]
