Kyt Dotson
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Estonian cryptocurrency exchange Coinmetro said today that it raised 7 million euros, or about $7 million, in a strategic funding round that valued the startup at $180 million. Founded in 2018, Coinmetro operates a full-service crypto exchange with an intuitive user interface …
FTX’s Bankman-Fried addresses insolvency rumors amid Binance’s token selloff
Cryptocurrency billionaire Sam Bankman-Fried’s crypto exchange FTX Trading Ltd. recently became the target of rumors of insolvency after competitor Binance Holdings Ltd. announced plans to liquidate its entire holdings of FTX’s native FTT tokens. After the announcement, users also flocked to the …
Digital assets startup Bakkt to acquire Apex Crypto for $200M
Digital asset platform Bakkt LLC, a startup founded by New York Stock Exchange owner Intercontinental Exchange Inc., said Thursday that it plans to acquire crypto trading firm Apex Crypto LLC from Apex Fintech Solutions. The company will initially pay $55 million in …
Dapper Labs lays off 22% of staff as NFT market falls
Roham Gharegozlou, founder and chief executive of Dapper Labs Inc., the developer of CryptoKitties and the nonfungible token market NBA Top Shot, announced late Wednesday that the company is laying off 22% of its staff in the wake of the falling NFT …
Hivemapper launches dashcam-enabled blockchain mapping network
Decentralized mapping startup Hivemapper Inc. today launched its global network that sources and creates map coverage through specialized dashcams and saves the data to a Solana-based blockchain network. Drivers can now begin using the dashcams, supplied by Hivemapper, to receive rewards in the …
Snap and Amazon Fashion partner to let shoppers virtually try on eyewear
Amazon.com Inc. is partnering with Snap Inc. to allow Snapchat users to try on popular eyewear brands virtually using its augmented reality Snapchat app lenses. With the new partnership, Snapchat’s 363 million daily active users able to use dozens of new augmented …
Quantum startup ColdQuanta nabs $110M for atomic clocks, sensors and other applications
ColdQuanta, a Colorado-based quantum-computing startup, announced Tuesday that it has raised $110 million in new funding to build quantum applications for technology such as atomic clocks, sensors and high-precision components such as global positioning systems. The Series B funding round was led …
Google Play levels up how it rewards great apps and games with discovery
Google Play, the digital app marketplace for devices running the Android operating system from Google LLC, is getting some updates designed to help developers get their apps noticed by users which will allow them to grow and thrive. Moving forward, the Play …
Azul launches Java new vulnerability detection to secure enterprise software supply chains
Azul Systems Inc. today announced the launch of Azul Vulnerability Detection, a new software-as-a-service product designed to continuously detect known security vulnerabilities in Java applications to help enterprise customers avoid risk from software supply chain attacks. Software supply chain attacks occur when …
MedCrypt raises $25M to secure medical devices from cyberattack
The proactive cybersecurity solution provider MedCrypt Inc. today said it has raised $25 million in new funding to protect healthcare providers from attacks that target connected medical devices and to reduce the danger to patients and hospitals. Intuitive Ventures and Johnson & …