Omnichain NFTs have become the latest buzzword in the Web3. Everyone’s talking about it since Canada-based tech startup LayerZero Labs built the interoperability protocol LayerZero, a transport layer for messaging that allows smart contracts to easily communicate among many or any blockchains. However, omnichain […]
In just a span of four years, the decentralized finance (DeFi) space has grown into one of the leading ecosystems in the digital currency space as millions of users engage in lending and borrowing without having to go through a centralized intermediary like […]
Last month, we wrote a piece about corporate greenwashing and how net-zero is next-level greenwashing without supply chain emissions. For many years, governments and organizations around the world promised to do their fair share to reduce Co2 emissions destroying our planet. […]
Venture capital funding in technology startups has grown in recent years. But investments in minority and female-led startups still are still lagging behind. The disparity in funding to minority startups is at an all-time high. In the last five years, […]
Unizen, a smart exchange aggregator, has today announced a $200M commitment funding from Global Emerging Markets Global (GEM) to boost innovation on its platform and expand its features. Additionally, the funding commitment enables new product development and global adoption of […]
Wise (formally TransferWise) is one of the UK’s largest fintech companies with a valuation of $4.8 billion. We covered the unicorn fintech startup back in September 2021 after its Billionaire co-founder and CEO Kristo Kaarmann was fined nearly $500,000 for deliberately not paying […]
In early May, Terra Luna stablecoin suddenly collapsed 99 percent causing millions of crypto investors to lose their life savings. Before the collapse, Terra was ranked among the top 10 most valuable cryptocurrencies. Now many are worried that the contagion could spread […]
BlockFi found itself in deep financial trouble following reports of multiple complaints that customers could not withdraw their funds due to the company’s exposure to Three Arrows Capital. Last week. the crypto lender received $250 million credit line from crypto exchange FTX as […]
Blockchain technology has often been attributed to cryptocurrencies like Bitcoin and Ethereum but there is more than what meets the eye. Unlike in the earlier years, innovators in this space are now exploring beyond the digital asset realm. Most notably, […]
Crypto.com users can now purchase crypto with Apple Pay in the Crypto.com App, the retail crypto exchange said in a statement on Friday. In an announcement, Crypto.com said that it has teamed up with Apple to simplify investing and lets users make […]
Crypto tech startup Harmony announced Thursday that hackers have stolen $100 million worth of crypto from its Horizon blockchain bridge. The hack is the latest in a series of major heists in the world of decentralized finance (DeFI). The announcement comes just three […]
Crypto exchange startup Bybit continues to grow and expand globally amid the ongoing turmoil in the crypto market. Early this week, Bybit announced the launch of its grid trading bot that lets users utilize automate their buy and sell orders and adjust […]
As well as accessing social media tools like Twitter and utilizing services such as Netflix, gaming is a favored entertainment option in the modern world. In fact, gaming has always been a go-to product for many of us, except the […]
Augmented reality (AR) and virtual reality (VR) are two of the most underrated technologies with a lot of potential ranging from their application in education and learning to medicine. It is estimated that 32% of companies would incorporate this technology to […]
SumUp, a London-based fintech startup with over 4 million small businesses worldwide, has raised $620 million (€590 million) in funding. The financing, which is a combination of debt and equity, pushes the company’s valuation to $8.4 billion (€8 billion), a big drop […]
The U.S. construction sector was valued at around $1.36 trillion as of the end of 2020 and was expected to decline further in the next year, according to data from Statista. If you add the interior design industry, the combined […]
The ongoing turmoil in the crypto market has done little to stop the world’s fastest-growing cryptocurrency platform Crypto.com from making great strides. Today, Crypto.com announced it has received in-principle approval from the Monetary Authority of Singapore (MAS) for its Major Payment Institution […]
Blockchain technology, despite its rising popularity, has a few shortcomings that are pulling it back from achieving mainstream success. For instance, blockchains aren’t as scalable as their “centralized” counterparts. Blockchains often run into scalability issues depending on the network congestion, […]
Coal is back from the dead in Germany as the country grapples with the fallout of economic sanctions it imposed on Russia. According to reports from major media outlets, Germany is now “planning to fire up coal plants as Russia throttles […]
With fears of uncertainty sweeping across the crypto market, it’s becoming increasingly difficult for crypto startups to raise new funds. Struggling startups have turned to capital preservation measures including layoffs to keep their business afloat. However, the unfavorable market environment […]
