November 17, 2024
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FTX and its founder Bankman-Fried diverted $200 million of customer money to fund investments in 2 tech startup companies
Nickie Louise Posted On December 29, 2022


The collapsed crypto exchange FTX and its former CEO Sam Bankman-Fried diverted $200 million of customer funds to make two venture capital investments, according to complaints filed by the Securities and Exchange Commission (SEC). The announcement comes just a few […]


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MultiDAG 2.0 Public Mainnet is LIVE!
Daniel Levi Posted On December 29, 2022


Early this year, we wrote about COTI Network after the organization announced its plan to create a new token standard for stablecoins issued on the new COTI’s MultiDAG 2.0 Layer, that will be the equivalent of the ERC20 token standard […]


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Kraken crypto exchange to shut down its Japan operations amid a weak global crypto market
Nickie Louise Posted On December 28, 2022


Crypto exchange Kraken announced today it will shut down its operations in Japan in January next year as crypto winter takes a toll on the entire crypto industry. The announcement comes just a month after the Kraken laid off 1,100 employees, […]


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Grocery delivery startup Instacart cuts internal valuation to $10 billion from $39 billion a year ago as it prepares for 2023 IPO
Daniel Levi Posted On December 28, 2022


In October, Grocery delivery startup Instacart postponed its much-anticipated IPO as stock market volatility, soaring inflation, and interest rates left investors worried about growing volatility in capital markets. The company had planned to go public this year but decided to shelve […]


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Hacker ‘Ryushi’ demands Twitter pay $200,000 ransom to avoid releasing personal data of over 400 million Twitter users
Nickie Louise Posted On December 28, 2022


A hacker by the name ‘Ryushi’ claimed to have the data of 400 million Twitter users and is offering it for sale unless Elon Musk pays a ransom. While security firms are still working to verify the authenticity of the data, Ryushi is […]


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Top tech startup stories of 2022
Daniel Levi Posted On December 27, 2022


From the FTX scandal to tech layoffs, it has been an intense year, to say the least. If 2021 was the year of cryptocurrencies, NFTs, and massive funding for startups, 2022 was the complete opposite. This year, tech companies, large […]


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Remembering failed startups of 2022
Nickie Louise Posted On December 26, 2022


We’ve been covering failed startups for five years but this year is unlike any other year in our ten-year history. The past 12 months were unprecedented for tech companies, especially for tech startups. To put things in perspective, the tech industry lost […]


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Indian fintech startup Money View raises $75 million at $900 million valuation
Nickie Louise Posted On December 26, 2022


Money View, a fintech startup that simplifies access to credit for billions of people in India, has raised $75 million in a Series E funding round to grow its credit business, grow its team, and expand its product portfolio with new […]


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How much is OpenAI worth? Here’s what you need to know about the creator of ChatGPT
Daniel Levi Posted On December 23, 2022


We’re living in extraordinary times of artificial intelligence (AI). Things you saw in Sci-fi movies years ago are already becoming a reality. Two years ago, OpenAI shocked the world with the launch of its Generative Pre-trained Transformer 3 (popularly known as GPT-3), […]


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Astar Network wins ‘Product of the Year’ award at the JBA Annual Blockchain Award
Daniel Levi Posted On December 23, 2022


Quick Take Astar Network named the Product of the Year at the JBA Annual Blockchain Award. Astar Network’s founder, Sota Watanabe, bagged the ‘Person of the Year’ award for the second time in a row. The JBA comprises some of the leading […]


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Web3 infrastructure startup AAG taps Coinbase Pay as a fiat on-ramping solution for the MetaOne Wallet
Nickie Louise Posted On December 23, 2022


The popularity of bitcoin has led to a rise in the use of fiat “on-ramp,” a service that allows for the exchange of fiat currencies like the US dollar (USD) and Euros for cryptocurrencies. For example, you could exchange USD […]


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LastPass Hacked: LastPass says hackers stole its customers’ encrypted password vaults; “worst breach”
Nickie Louise Posted On December 22, 2022


“Stop using LastPass as your password manager. Move to any other one, and please change any passwords you have on there now,” that was a dire warning from the Director of Engineering at SpotAi. LastPass, the startup that’s supposed to users’ passwords safe, […]


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Binance introduces new features for web3-centric social platform Binance Feed
Nickie Louise Posted On December 22, 2022


Binance, the world’s largest crypto exchange, has endured wild weeks in wake of the collapse of FTX. While the company was doing its best to fend off the onslaught of media reports about its digital asset holdings, Binance was still […]


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Okta source code stolen as a result of GitHub repositories hack. Was remediation possible?
Nickie Louise Posted On December 22, 2022


Back in March, we wrote about single-sign-on cybersecurity firm Okta after the company confirmed that hundreds of its customers were hit by a data breach from the Lapsus$ hacking group. Okta, one of the leading providers of authentication services and Identity […]


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TIDEFI partners with All Time High (ATH) Vodka for real-world tokenization agreement
Nickie Louise Posted On December 22, 2022


While the crypto industry may be through a “historic moment” of decline and “crypto winter,” one sector that continues to experience exponential growth in mainstream adoption is decentralized finance or DeFi. Between 2020 and 2022, the DeFi space grew by a […]


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How to best promote your crypto project
Daniel Levi Posted On December 22, 2022


Often, the process of creating and publishing a new crypto project can feel like the hardest part. While there are definitely challenges when coming up with a new crypto that has real usability, this is, unfortunately, only one piece of […]


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Former Spotify Director joins Walnut to lead research and development
Daniel Levi Posted On December 22, 2022


As it looks to continue to offer the first-of-its-kind platform that makes the sales demos process seamless and automated, Walnut has bulked up its executive team with the addition of Eyal Erez the former Spotify director, as Vice President of Research and Development […]


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Ankr shares a post-mortem report on the multi-million dollar aBNBc token exploit
Daniel Levi Posted On December 22, 2022


Early this month, we wrote about after BNB Chain-based protocol Ankr announced it was hit by a multi-million dollar exploit on December 1. The attack appeared to have first been discovered by on-chain security analyst PeckShield after it reported in […]


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SaaS startup Gynger launches from stealth with $21.7M in funding to change how businesses buy software
Nickie Louise Posted On December 21, 2022


Every business today is dependent on software and infrastructure to get their business off the ground and cannot launch, build or scale without the right tech stack. With global software spend expected to grow to $879 billion in 2023, these […]


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Bitcoin miner Core Scientific files for bankruptcy as crypto winter takes toll on crypto mining companies
Nickie Louise Posted On December 21, 2022


Core Scientific, one of the largest publicly traded bitcoin mining companies in the U.S., is the latest casualty of the ongoing crypto winter. The company is filing for Chapter 11 bankruptcy protection today in Texas early, according to a report from CNBC, […]


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