November 5, 2025
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Packable, the parent company of top-ranking Amazon seller Pharmapacks, is laying off workers and shutting down its operations
Nickie Louise Posted On August 24, 2022


Packable, the parent company of top-ranking Amazon seller Pharmapacks, is the latest casualty of the ongoing economic meltdown as the company plans to lay off employees and shut down its operations, according to a report from CNBC, citing internal documents. According to […]


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Chingari Adds New Monetization Option With Its Video NFT Marketplace Creator Cuts
Nickie Louise Posted On August 24, 2022


Blockchain-friendly social media app Chingari said this week it has launched Creator Cuts, a brand new video NFT marketplace that will showcase the most popular videos from its top creators. Through Creator Cuts, fans will be able to buy a […]


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This biotech startup wants to create “synthetic” human embryos to harvest their organs for transplants
Daniel Levi Posted On August 23, 2022


Early this year, we wrote a piece about how tech billionaires came up with a proposal to replace natural birth with synthetic wombs to remove the high “burden” of pregnancy and allow women to work more for equal pay. Their controversial […]


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Nike makes $185 million in NFT sales after selling an NFT sneaker for a record $134,000 
Daniel Levi Posted On August 23, 2022


Non-fungible token (NFT) have become the new buzzword with ever-growing interest, both within and outside the crypto community. Since its popularity a year ago, crypto-enthusiasts, celebrities, and brand marketers jumped on the NFT train hoping to cash in. However, the […]


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Celonis, a tech startup founded a decade ago by 3 college friends, is now worth $13 billion after $1B raise
Nickie Louise Posted On August 23, 2022


Every tech startup starts with the need to scratch an itch. However, most successful startup founders are motivated by creativity and the drive to solve problems or make lives better by developing products or services that could help improve people’s […]


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Sternum’s Free License for OpenWrt Devices: Eradicating the Issue of Trust in IoT
Daniel Levi Posted On August 23, 2022


The number of IoT-connected devices worldwide is expected to approach 30 billion by 2030. This is more than double the 13 billion estimate for 2022. With this many devices, it is worrying that there is still no security standard established […]


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Crypto.com slashes trading fees by up to 80% to democratize crypto trading and help users weather the current crypto storm
Nickie Louise Posted On August 22, 2022


With almost all the cryptocurrencies in the bear market territory after falling from their record highs, Crypto.com has just announced a reduction in its trading fees to help Crypto.com Exchange users weather the ongoing crypto storm and get more out […]


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Fusion energy startup Focused Energy scores $15M to generate unlimited carbon-free energy and decarbonize the planet
Daniel Levi Posted On August 22, 2022


The global energy demand is projected to grow 47% by 2050. Currently, fossil fuels still remain the largest energy source but oil reserves continue to dwindle. What about clean energy? Researchers also predicted that over the next 30 years cannot be […]


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Lithuanian open data startup Okredo raises $650K in follow-up funding despite venture capital slowdown
Nickie Louise Posted On August 22, 2022


Despite the slowdown in venture capital funding due to the global economic downturn, Lithuania-based open data tech startup Okredo announced today it has raised €650,000 ($650,000) in follow-up funding to expand into the UK and other markets, and the development of an Open […]


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Sofy raises $7.75 million to grow its no-code mobile app testing platform
Nickie Louise Posted On August 19, 2022


Software engineers and citizen developers continue to embrace the no-code software revolution abut two decades after the no-code web development platforms helped kickstart the no-code movement. At its core, the goal is to democratize software development and level the development playing field […]


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Global funding for web3 startups fell by 92.7% since the last quarter of 2021
Nickie Louise Posted On August 19, 2022


The current economic downturn and the looming recession here in the United States have caused global funding to startups to fall by 23% in the second quarter of 2011 from the first, to $108.5 billion, according to data from CB […]


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Decentral Games unveils fast-paced ‘Sit-n-Go’ tournaments in the newly launched ICE Poker Flex app
Daniel Levi Posted On August 18, 2022


Back in June, we covered Decentral Games after the startup landed a $1 million MANA grant from Decentraland DAO to support ICE liquidity. The award, which followed a hard-fought battle, supported the Decentral Games’ $ICE token and the rollout of its […]


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Crypto lender Genesis lays off 20% of its workforce; CEO departs
Nickie Louise Posted On August 18, 2022


Crypto broker Genesis is the latest casualty of a $2 trillion digital-asset market wipeout following its exposure to the now-bankrupt crypto hedge fund Three Arrows Capital. On Wednesday, Genesis announced its CEO Michael Moro is stepping down and the company is […]


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Emirati AI firm G42 launches a $10 billion fund to invest in late-stage tech startup companies
Nickie Louise Posted On August 18, 2022


Group 42 (also known as G42), an artificial intelligence and cloud computing firm chaired by the Gulf state’s national security advisor, announced today the launch of a $10 billion fund to invest in late-stage technology startup companies. G42, which also counts prominent […]


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Madfish launches Yupana Finance, the first decentralized lending protocol on Tezos
Daniel Levi Posted On August 18, 2022


Today, open-source blockchain network Tezos welcomes the release of Yupana.Finance on its platform. Developed by a team of blockchain engineers at Madfish, Yupana.Finance is a decentralized and the first non-custodial lending protocol on Tezos. With this launch, Madfish is providing the […]


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Curio is a nuclear waste recycling startup that wants to solve the 2,000 metric tons of new nuclear waste problem generated in US every year
Daniel Levi Posted On August 17, 2022


Energy powers the world. Today, nuclear power currently provides about 20 percent of US electricity— and 50 percent of its carbon-free electricity, according to data from the US Energy Information and Administration (EIA). However, what’s rarely discussed is the overall energy lifecycle […]


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China’s B2C e-commerce tech startup Dianxiaomi raises $110 million led by SoftBank, Sequoia
Nickie Louise Posted On August 17, 2022


Chinese business-to-customer cross-border eCommerce startup Dianxiaomi has raised $110 million in a Series D funding round led by SoftBank Vision Fund 2 and Sequoia China, with the participation of Tiger Global Management, GGV Capital, and others. SoftBank Vision Fund 2’s investment in Dianxiaomi […]


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Crypto.com receives approval from UK Financial Conduct Authority (FCA)
Nickie Louise Posted On August 17, 2022


While everyone is talking about the crypto bear market, Crypto.com continues to position itself for the future inking registration approvals from regulatory authorities from Italy, Singapore, and now the United Kingdom. Today, Crypto.com announced it has received regulatory approval from […]


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Tencent to sell its $24 billion stake in food delivery giant Meituan to appease the Chinese government
Daniel Levi Posted On August 16, 2022


In the past two years, China began to crack down on tech companies, wiping billions of dollars of value from its most prominent companies including Alibaba. Then in May, the Chinese government showed signs of easing its crackdown on the country’s tech […]


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Andreesen Horowitz invests $350 million in Adam Neumann’s new real estate startup Flow
Nickie Louise Posted On August 16, 2022


Remember WeWork, the embattled co-working giant that lost billions of investors’ money after raising a staggering $12.8 billion in funding over 14 rounds? In 2019, WeWork fired its CEO Adam Neumann, canceled its IPO, and laid off a quarter of its 12,500 employees. But […]


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