General News

April 16, 2022 @ 10:51 am By JD Alois  |  

A new report by IVC in partnership with LeumiTech – a company providing banking for high-tech companies, outlines tech investment in Israel, and even during the most challenging times – investment continues to grow. According to the report, Israeli start-ups raised a whopping $5.58 billion… Read More

April 14, 2022 @ 5:51 pm By JD Alois  |  

  Inflation is rising to record-breaking heights. The most recent reading indicated that inflation hit 8.5% in March – the highest in more than 40 years. Inflationary policies pursued by the current administration, the war in Ukraine, and COVID have combined to create a toxic… Read More

April 14, 2022 @ 7:20 am By JD Alois  |  

Elon Musk, the richest individual in the world, has filed a statement with the Securities and Exchange Commission indicating his intent to acquire Twitter (NYSE:TWTR). Shares jumped higher in early trading on the news. The Schedule 13D filing states: “On April 13, 2022, the Reporting… Read More

April 13, 2022 @ 3:50 pm By Omar Faridi  |  

Forter, the “Trust Platform” for e-commerce, has announced the appointment of two new board members, Sharda Caro Del Castillo and Scott Schenkel. Caro Del Castillo and Schenkel “bring digital commerce, financial, operational, legal and compliance expertise to Forter.” The news comes during “a period of… Read More

April 12, 2022 @ 11:20 pm By Tony Zerucha  |  

Genies, an avatar technology company, today announced it has raised a $150 million Series C round led by Silver Lake. The investment values the company at $1 billion and includes participation from existing investors BOND, NEA, and Tamarack Global. The funds are earmarked for engineer… Read More

April 12, 2022 @ 10:47 pm By Omar Faridi  |  

PledgeCrypto, developed by Pledge, the fundraising platform that Ariana Grande used for Trans Day of Visibility, now provides fundraising with over 130 different virtual currencies, including Bitcoin, Ethereum (ETH), and Tether that “immediately converts to fiat (USD), eliminating the need for nonprofits to manage crypto… Read More

April 12, 2022 @ 9:08 pm By Omar Faridi  |  

Kayamo is teaming up with Netbank, a fully-regulated bank that provides Banking-As-A-Service solutions through open APIs, to improve the way they release loan payouts and collect loan repayments–”overall, to provide a better user experience for their end-customers.” Prior to this partnership, Kayamo needed “to complete… Read More

April 12, 2022 @ 6:56 pm By Omar Faridi  |  

Southeast Asia’s digital wealth management platform StashAway recently revealed that John Tsang Chun-wah, Hong Kong’s former Financial Secretary, has officially joined StashAway’s advisory committee. Tsang was reportedly the longest-serving Financial Secretary as he had occupied the position from 2007 until 2017. As mentioned in the… Read More

April 12, 2022 @ 5:17 pm By Omar Faridi  |  

According to a Nasdaq survey of 500 financial advisors who are “currently or considering allocating to crypto,” 72% of advisors would be “more likely to invest client assets in crypto if a spot ETF product were offered in the United States.” Among advisors already investing… Read More

April 12, 2022 @ 5:16 pm By Omar Faridi  |  

bloXroute, which claims to be the provider of the “first” and “fastest” blockchain distribution network (BDN) that helps DeFi traders on Ethereum, Polygon and BSC, has completed a $70 million Series B funding campaign “led by SoftBank Vision Fund 2 with participation from Blindspot, Dragonfly,… Read More

April 11, 2022 @ 10:52 pm By Omar Faridi  |  

Quantexa, the international data and analytics software company “pioneering” Contextual Decision Intelligence (CDI), recently announced that Dan Higgins has been “appointed as Quantexa’s new chief product officer, joining the rapidly growing global technology company’s executive leadership team.” In this role, Higgins will have executive responsibility… Read More

April 11, 2022 @ 7:20 pm By Omar Faridi  |  

The Interchain Foundation (ICF), the Swiss non-profit and steward of the Cosmos ecosystem, recently announced the launch of the Interchain Developer Academy, a free online training program “for software developers looking to migrate careers into the highly competitive blockchain industry and gain exposure to the… Read More

April 11, 2022 @ 3:08 pm By Omar Faridi  |  

Remote, a key player in building, managing and supporting global, distributed workforces, recently announced a $300 million Series C financing round, “led by SoftBank Vision Fund 2 with participation from existing investors including Accel, Sequoia, Index Ventures, Two Sigma Ventures, General Catalyst, 9Yards, Adams Street… Read More

April 11, 2022 @ 1:04 pm By Omar Faridi  |  

Skyflow recently announced that Robin Andruss, previously Twilio’s Data Protection Officer and Director, Global Privacy Governance, has joined Skyflow as Chief Privacy Officer. In this role, she will “oversee the company’s privacy and data protection commitments for Skyflow’s Data Privacy Vaults for enterprise, fintech and… Read More

April 11, 2022 @ 10:35 am By Omar Faridi  |  

More than 1.2 million subscription payments have reportedly been stopped since summer 2021, as tech puts customers in greater control of their spending, according to data from Lloyds Bank. As noted in a blog post, popular TV, film and music streaming services “made up almost… Read More

April 11, 2022 @ 10:01 am By JD Alois  |  

The European Investment Bank (EIB) has announced a €4 billion program for 2022 and 2023 to help cities and regions in EU Member States address the needs and meet the challenges of integrating war refugees from Ukraine. The unprovoked war by Russia has caused a… Read More

April 10, 2022 @ 10:42 pm By Omar Faridi  |  

imagin, the digital services and lifestyle platform backed by CaixaBank, will be entering the Metaverse in the coming days “by way of imaginLAND.” The project will “enable the platform to launch and run initiatives in the virtual reality universe and will be available to its… Read More

April 9, 2022 @ 5:36 pm By Omar Faridi  |  

Compute North, which claims to be the leader in sustainable, large-scale computing infrastructure, has announced that construction is underway “to build a 300MW TIER 0™ data center next to the Wolf Hollow Generating Station in Granbury, Texas.” As covered, Compute North works with clients in… Read More

April 9, 2022 @ 11:25 am By Omar Faridi  |  

  Web3 connectivity startup GIANT Protocol, and Tango, the consumer brand of Proximus Luxembourg, recently announced a partnership “to bring blockchain benefits to customers worldwide.” Suruchi Gupta, founder and CEO of GIANT Protocol, which aims to decentralize and democratize access to internet and financial services… Read More

April 8, 2022 @ 8:13 am By Omar Faridi  |  

The Luna Foundation Guard (LFG), a recently formed non-profit to support decentralization, economic sovereignty, and foster the growth of the Terra ecosystem, “will add AVAX to its new UST Decentralized Forex Reserve.” By diversifying the base of non-correlated assets “to major assets like BTC and… Read More