November 18, 2024
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Hackers stole $570 million from Binance’s BNB Chain in one of the largest crypto hacks
Nickie Louise Posted On October 7, 2022


Hackers have stolen $570 million from Binance-linked blockchain BNB Chain, a spokesperson confirmed on Friday. The hack is the latest in a series of hacks to hit the crypto sector this year. This is the second time hackers have breached the BNB Chain. […]


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Brookfield Asset bets $2 billion on music copyrights in a deal with independent publisher Primary Wave Music
Nickie Louise Posted On October 7, 2022


Do you know how much musicians actually make from their music? According to some data, an average working musician in the United States earns $35,300 in annual gross revenue from their music career. Data from “Spotify’s Year in Music” also shows how […]


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Research  / Startup Spotlight  / Tech Startup News  / Technology News
Crypto industry is riding out the bear market, DappRadar’s new Q3 industry report shows
Daniel Levi Posted On October 7, 2022


In August, we covered DappRadar’s blockchain industry report where we discussed how the crypto market has been seized by one piece of negative news after another. August was touched by several breaches, including the Solana wallet attack, the Acala and Nomad exploits, […]


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DeFi  / Launch  / Tech Startup News  / Tech Startups  / Technology News
Telos embarks on 54 Million TLOS DeFi ecosystem expansion after approval from the Telos community
Daniel Levi Posted On October 6, 2022


Telos, a highly scalable 3rd generation layer 1 EVM-enabled smart contract platform that offers high performance and no front-running, has received a green light from its foundation and the Telos community to embark on the 54 Million TLOS incentivization plan to grow its […]


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Cryptocurrency  / Startup Spotlight  / Tech Startup News  / Tech Startups  / Technology News
South Korea freezes $39.6 million in crypto belonging to Terra founder Do Kwon, but Kwon says it isn’t his
Nickie Louise Posted On October 6, 2022


South Korean prosecutors have reportedly frozen $39.6 million in crypto assets belonging to the founder of Terraform and the creator of the failed Terra blockchain project Do Kwon. The announcement comes less than a month after the country’s authorities issued […]


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Spotify acquires Irish tech startup Kinzen to combat online hate speech and protect against harmful content
Nickie Louise Posted On October 6, 2022


Audio-streaming giant Spotify has acquired Kinzen, an Irish media tech startup founded by former RTÉ journalist Mark Little and Áine Kerr, a one-time political reporter with the Irish Independent. The terms of the deal were not disclosed. The deal is the […]


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Cybersecurity  / Featured  / Security  / Startup Funding  / Startup Spotlight  / Startups  / Tech Startup News  / Tech Startups  / Technology News
Cybersecurity tech startup Arctic Wolf raises $401 million in debt as it eyes IPO
Nickie Louise Posted On October 6, 2022


With the ongoing global economic downturn, tech startups continue to struggle to secure new funding as the glut of cheap money dries due to high-interest rates causing investors to pull back from risky bets. In the latest sign that pure equity financing is […]


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Cryptocurrency  / Ethereum  / Featured  / FinTech  / Launch  / Startup Spotlight  / Tech Startup News  / Tech Startups  / Technology News
Cake DeFi launches Ethereum (ETH) Staking service with 5% yield
Nickie Louise Posted On October 6, 2022


As you may recall, last month, Cake DeFi announced the launch of a $50M global R&D hub in Singapore to develop best-in-class blockchain and digital asset technologies. That’s just one of the many ongoing efforts the Singapore-based fintech platform is working on. Now, […]


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FinTech  / Startup Spotlight  / Tech Startup News  / Tech Startups  / Technology News
Top Fintech Companies for Online Casino Payments in Canada
Daniel Levi Posted On October 6, 2022


Financial technology or Fintech is a catch-all term that refers to the integration of new technology like artificial intelligence into offerings by financial services companies. Over the years, fintech has grown into a multi-billion dollar industry that is quickly transforming […]


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Featured  / Launch  / Startup Spotlight  / Tech Startup News  / Technology News  / Token  / Venture Capital
DeFiChain unveils four new dTokens corresponding to Walmart, Unilever, US Oil Fund, and US Gas Fund
Daniel Levi Posted On October 5, 2022


Back in August, we covered DeFiChain after Bitcoin pioneers added four new decentralized tokens (dTokens) to its growing list of digital assets. The newly added dTokens included $dJNJ – Johnson & Johnson, $dDAX – Global X DAX Germany ETF, $dADDYY – Adidas […]


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NetSPI secures $410M in funding from KKR for its enterprise penetration testing and attack surface management platform
Nickie Louise Posted On October 5, 2022


With an ever-increasing attack surface, it’s a constant struggle for companies of all sizes to continue to protect their critical assets from bad actors and cyber hackers. That’s why Minneapolis-based cybersecurity startup NetSPI is on a mission to protect enterprises with […]


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Bitcoin  / Cryptocurrency  / Startup Spotlight  / Tech Startup News  / Tech Startups  / Technology News
51% of daily bitcoin trading volume on crypto exchanges in 2022 is fake, research shows
Daniel Levi Posted On October 5, 2022


Bitcoin is the world’s most popular cryptocurrency and also the world’s most manipulated cryptocurrency. As of 2022, bitcoin represents 40% of the total crypto assets outstanding in the new and volatile crypto markets. Now,  new research just exposed the illegal bitcoin trading […]


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Featured  / Research  / Robotics  / Startup Funding  / Startups  / Tech Startup News  / Tech Startups  / Technology News
Quantum communications startup Qunnect lands $8M led by Airbus Ventures to usher in the era of quantum internet
Nickie Louise Posted On October 5, 2022


The groundwork for today’s internet was laid in 1973 by the U.S. Defense Advanced Research Projects Agency (DARPA). At the time, the goal was to develop communication protocols that would allow networked computers to communicate transparently across multiple, linked packet networks. […]


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Cryptocurrency  / Launch  / Startup Spotlight  / Tech Startup News  / Tech Startups  / Technology News
1inch teams up with Unstoppable Domains to enable users to use human-readable domain names when buying or sending crypto assets
Nickie Louise Posted On October 4, 2022


We covered 1inch back in August after the DeFi tech startup joined forces with KuCoin Wallet to launch its native swap feature. 1inch is a distributed network for decentralized protocols on Ethereum, BNB Chain, Polygon, Avalanche, Optimistic Ethereum, Arbitrum, Fantom, and Gnosis […]


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Prepare Your Startup For 2023 With These 5 Tips
Nickie Louise Posted On October 4, 2022


While the past few years have been something of a rough ride for business owners, it doesn’t look as though 2023 is going to offer much of a reprieve. In fact, a growing number of experts are anticipating a global […]


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Bitcoin  / Cryptocurrency  / Cybersecurity  / Ethereum  / Launch  / Security  / Startup Spotlight  / Tech Startup News  / Tech Startups  / Technology News
Mastercard launches Crypto Secure, a new AI tool to help merchants combat crypto fraud
Nickie Louise Posted On October 4, 2022


Crypto fraud is on the rise and there is no sign of slowing down. Crypto scams were 60 times more reported in 2021 than in 2018. According to blockchain analytics firm Chainalysis, illicit addresses received over $14 billion in cryptocurrency […]


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Acquisition  / Featured  / Startup Spotlight  / Tech Startup News  / Tech Startups  / Technology News
South Korea’s Naver buys online fashion marketplace Poshmark for $1.2 billion
Nickie Louise Posted On October 4, 2022


South Korean internet giant Naver Corp has agreed to acquire the popular online fashion marketplace Poshmark in a deal valued at $1.2 billion. Poshmark is a popular secondhand retailer and the largest fashion consumer-to-consumer platform in North America. Popular among Millennial and […]


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Bitcoin  / Cryptocurrency  / Featured  / Startup Spotlight  / Startups  / Tech Startup News  / Tech Startups  / Technology News
Bybit CEO: “We can become the Apple of sophisticated crypto products”
Daniel Levi Posted On October 4, 2022


Although the recent crypt market trend has been rather brutal, builders and industry leaders continue to look ahead. Bybit CEO Ben Zhou is confident the imminent market rebound will be spectacular. Bear Markets Are An Opportunity Most people only look […]


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Prosus cancels $4.7 billion deal to acquire Indian payments startup BillDesk
Nickie Louise Posted On October 3, 2022


In August, we covered Prosus after the Amsterdam-based Prosus made its biggest-ever bet in the Indian tech space with a $4.7 billion acquisition of payments fintech startup BillDesk, making it one of the biggest players in the country’s fast-growing fintech […]


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Cryptocurrency  / Failed Startups  / Startup Spotlight  / Tech Startup News  / Tech Startups  / Technology News
Unbanking the unbanked: Celsius founder Alex Mashinsky withdrew $10 million before the company filed for bankruptcy
Nickie Louise Posted On October 3, 2022


In the weeks leading up to Celsius Network’s Chapter 11 bankruptcy protection filing, Celsius founder and former CEO Alex Mashinsky withdrew $10 million, according to a report from The Financial Times (FT), citing sources familiar with the matter. The revelation comes just […]


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