Brian Armstrong, the CEO of Coinbase Global Inc., has announced plans to sell about 2% of his holdings in the firm over the next year to fund scientific research. He tweeted the matter on Friday nigh...
Tag: Tech
Zimbabwe Tech Institute Developing Central Bank Digital Currency
Altcoin News The RBZ’s most recent announcement on the CBDC is similar to its prior updates. CBDC may assist the central bank cut down on the price of printing currency. According to HIT vice chancell...
Nodes are going to dethrone tech giants — from Apple to Google
While highly regarded even at the time of its writing, Marc Andreessen’s 2011 landmark essay, “Why Software Is Eating the World,” has proven even more prophetic than it seemed at the time. At the dawn...
Ethereum should be valued like a tech stock – Deep Dive
Considering how much of my time these days is spent navigating the waters of the cryptocurrency market, I figured it was well overdue to collate my thoughts on Ethereum into one place. It is, after al...
NFT Tech Initiates Play-2-Earn Dashboard Cashdash Monetization
VANCOUVER, British Columbia–(BUSINESS WIRE)–$NFT #crypto—NFT Technologies Inc. (NEO: NFT | Frankfurt: 8LO) (“NFT Tech”), a leading technology company partnering with top-tier brands to accelerate thei...
Skype Co-Founder Leads $13M Investment in Liquid-Cooled Bitcoin Mining Tech
Cryptography hardware technology company Fabric Systems raised $13 million in a seed round from investors to build energy-efficient Bitcoin mining hardware. The money came from early stage investment...
20 Promising Korean Tech Companies at TechCrunch Disrupt 2022
SAN JOSE, Calif.–(BUSINESS WIRE)–20 Korean tech companies specializing in various technologies such as AI & AI Application, Metaverse, Mobility, SaaS, NFT, IoT and Logistics will participate in Te...
Heirs to Richest Turks Put Fortunes Into Tech at Riskiest Moment
(Bloomberg) — As the eldest son of Turkey’s richest man, Yahya Ulker was destined to take over his family’s multi-billion dollar business. But the 29-year-old opted for a different path, support...
TSMC Cuts Capital Spending 10% in a Warning for Tech Sector
(Bloomberg) — Taiwan Semiconductor Manufacturing Co. slashed its 2022 capital spending target by roughly 10%, a dramatic sign of trouble for the technology industry from the world’s most valuabl...
GM’s Chevrolet Trax crossover comes with new tech, design, lower price
2024 Chevrolet Trax ACTIV GM DETROIT — General Motors on Wednesday revealed a new version of its Chevrolet Trax — the brand’s entry-level crossover — with new technologies and a more aggressive ...
Layoffs at Intel Could Spell a Bitter Winter for Tech. It’s Not All Bad News.
Intel looks set to be the latest tech company to announce job cuts in the face of a gloomy macro outlook—a sign that a bitter winter is coming for the sector. From a more macro perspective, there are ...
Don’t expect crypto tech to be a ‘free pass’ from regulation
“We’re gonna have to adapt, there’s no doubt about it. This is not a very in-the-box moment,” says Rostin Behnam, who chairs the Commodity Futures Trading Commission. Behnam was speaking at DC Fintech...
New Metis Rollup Tech Addressees Ethereum Scalability for Businesses
A growing industry of rollup technologies seeks to address Ethereum’s key scalability issues of slow throughput and high transaction or gas fees. Rollups bundle a large number of transactions off the ...
Block Subsidiary Spiral, Mining Tech Firm Braiins Spearhead Push for Bitcoin Mining Upgrades
Spiral, under Jack Dorsey’s Block, which has pledged to make mining more decentralized, supports three developers of Stratum V2 – Matt Corallo, Fi3 and Pavlenex. Other core contributors are Rach...
EQIFi Integrates Its $EQX Token With HYVE, Betting On Freelancers As Tech Tumbles
– Advertisement – EQIFi, a leading regulated global DeFi services platform backed by EQIBank, partners with HYVE, a blockchain-based platform for freelancing services. Through the partners...
Tech Entrepreneur Who Lost $1.5M to Celsius’s Bankruptcy Loses Millions in Robbery
Zaryn Dentzel, a technology entrepreneur who lost 800 Bitcoin (BTC) worth around $1.5 million to Celsius Network’s liquidity crisis, was a victim of a home invasion last year, losing millions of dolla...
XRPL to Provide Tech Basis for at Least Six Stablecoins
Vladislav Sopov Seasoned XRP/Ripple expert @WKahneman shared updates on progress of major XRPL-based stablecoins (and one CBDC!) Contents Stably, Stasis, Novatti, who else? Palau rolls out its CBDC to...
US Tech Curbs Could Halve Growth of China’s Top Chipmaker
(Bloomberg) — US restrictions on China’s access to advanced American technologies could slash growth of the country’s largest chipmaker by half next year, Bloomberg Intelligence estimates. Semic...
Chinese chip stocks tumble after U.S. calls for new curbs on high-end tech
A worker at a chips factory in Chongqing, China, on March 30, 2022. Future Publishing | Future Publishing | Getty Images The U.S. said it would grant a temporary license from Oct. 21 through to April ...
Tiger Global Looking to Raise $6B to Invest in Tech Companies
Since 2020, Tiger Global Management has invested in more than three dozen crypto and blockchain startups. According to Axios, Tiger Global Management is raising $6 billion for a new tech investment fu...
Has web3 failed in its vision? CoDe Tech thinks so & the solution is Core Blockchain – SlateCast #24
In the latest episode of SlateCast, Akiba spoke with the CEO of CoDe Tech about the future of blockchain technology. CoDeTech is a futuristic web3 company that doesn’t think web3 is good enough. Comme...
Global Crypto Standards Due Next Week Could Test Regulators’ Tech Mantra
Plus the FSB’s two most muscular members, the U.S and the EU, are now starting to act. They will likely want others to follow suit – to avoid crypto companies, as they see it, stealing their business ...
NFT Tech Announces Closing of C$1,005,000 First Tranche of Private Placement
VANCOUVER, British Columbia–(BUSINESS WIRE)–$NFT #crypto—NFT Technologies Inc. (NEO: NFT | OTC Pink: NFTFF | FRA: 8LO) (the “Company” or “NFT Tech”), a leading technology company partnering with top-t...
Lenovo Showcases How Smarter Technology is Empowering a Changing World at Tech World ‘22
Featuring sessions from global CEOs at Lenovo, IBM, Accenture, Intel, Qualcomm, and more HONG KONG–(BUSINESS WIRE)–On October 18, 2022, Lenovo will host its annual global innovation event, Tech World,...
New Bitwise Web3 ETF (BWEB) Set To Capture One of the Biggest Growth Opportunities in Tech
Built by crypto experts, the fund gives investors focused exposure to companies building the next iteration of the internet. SAN FRANCISCO–(BUSINESS WIRE)–Bitwise Asset Management, the world’s leading...
Looking for Beaten-Down Tech Stocks? Here Are 2 J.P. Morgan Likes
Stocks came storming out the gates in October’s first session as if in a hurry to leave a brutal September well behind. Investors will be hoping the rally is more than a one-off after the storm of hea...
Amazon’s deal spree raises ‘No. 1 question’ from investors, tech analyst says
Amazon (AMZN) has telegraphed to investors and the world that deals are key to its future, but those transactions create antitrust risks — and investors are taking notice, Jefferies analyst Brent Thil...
Crypto Tech Startups Weather Bear Market Well
MPCH Labs received $40 million from Liberty City Ventures to build multiparty computation technology Uniswap Labs is rumored to be in negotiations with a Singaporean sovereign fund and Polychain to ra...