Yesterday, Binance announced it was acquiring the crypto exchange FTX, saving distressed crypto exchange from bankruptcy after a significant liquidity crunch. The news quickly ripples the entire crypto sector causing the world’s most popular cryptocurrency bitcoin to plunge by more than […]
Facebook parent Meta has poured billions into the metaverse. But it now appears the risky bet may never pay off. Now, the once-trillion company is forced to lay off thousands of employees to stay afloat. Meta is laying off 13% […]
2022 has been a very difficult year for the entire electric vehicle industry and UK electric vehicle startup Arrival is no exception. In May 2021, Arrival became UK’s biggest tech IPO after the startup went public at a valuation of $13 […]
Plastic pollution is a worldwide crisis that affects every being on earth including humans and animals. Every year, more than 400 million tons of plastic products with large portions are thrown into the oceans, which end up endangering marine life […]
NTT Docomo, Japan’s largest mobile operator with $40B annual revenue, and Astar Network have joined forces to explore and accelerate the adoption and social implementation of Web3. As part of the partnership, NTT Docomo will be investing $5 billion in Web3 […]
In July, Bankman-Fried’s crypto exchange FTX was viewed as a white knight waiting to rescue the embattled crypto industry following the collapse of BlockFi and the bankrupt Voyager Digital. BlockFi and Voyager are two of the crypto companies that suffered heavy losses due to […]
The digital gaming industry has undergone radical changes in the last decade. However, the arrival of Web3 has further accelerated this change as traditional Web2 games embrace Web3 tech technology which enables players to control and completely their own game assets […]
The US Department of Justice (DOJ) announced today it seized more than $3.36 billion worth of bitcoin in connection with the Silk Road dark web fraud. The Department announced today that JAMES ZHONG pled guilty to committing wire fraud in September […]
Ouster is one of the early promising startups we’ve been following since 2017. In December 2017, the robocar LiDAR startup made our list of the top 5 promising early-stage startups to watch. Then in December 2020, Ouster agreed to go public through […]
Australia’s biggest health insurer Medibank becomes the latest victim of a cyberattack in a series of data breaches that plagued the country in the last two months. Medibank announced Monday that the health data of around 9.7 million current and former customers’ […]
Blockchain technology developer Elrond has rebranded to MultiversX to focus on the metaverse. The company announced today it will shift to focus on the metaverse with the introduction of three new products aimed to help metaverse creators and users. According to its website, MultiversX is […]
On April 25, Tesla CEO Elon Musk announced he was buying Twitter for $44 billion as part of his effort to defend free speech. Musk, who calls himself a free-speech absolutist, said his interest in Twitter grew from his desire to protect free […]
San Francisco-based fintech startup Stripe is laying off about 14% of its total workforce as the prolonged tech rout continues. CEO Patrick Collison wrote in a memo to staff Thursday. According to the memo, Collison said the cuts were inevitable as […]
It’s finally Friday, the day Twitter employees learn their fate about whether they get to keep their job or not. Yesterday, Twitter notified all the company’s 7,500 employees in a Thursday email that the layoffs had begun. According to a […]
One of the keys to the success of crypto exchanges, trading firms, and market makers is quick access to reliable and high-quality data. That’s why the leading provider of indexing solutions for blockchains with their Unified API Covalent partnered with Boba Network to provide […]
Tesla is the world’s largest electric automaker. But while Tesla dominates the headlines, one German tech startup is working on a new type of electric vehicle that will usher in a new era and forever change the way we look at […]
The global food industry had a yearly transaction volume of over $2 trillion in 2021. The revenue from the food market alone amounts to $8.66 trillion in 2022. Despite that the food industry is the largest in the world, many suppliers […]
It’s often said that you don’t need a college education to be successful. Even the world’s richest person Elon Musk thinks people “don’t need college to learn stuff.” He went as far as saying that jobs at his companies should not […]
Blocto, a Mark Cuban-backed tech startup and provider of multichain wallet, today announced the launch of a $3 million Aptos Ecosystem Fund to help projects onboard new users to Aptos. The news comes on the back of Blocto’s successful Aptos […]
Over the years, there’s been an increase in climate change awareness as governments and organizations put in place various measures to address global warming and the ongoing climate crisis. One of the solutions to reduce climate change and carbon dioxide […]
