Stripe announces fiat-to-crypto onramp widget

Payment giant Stripe is going to offer a new product that makes it easier to hold cryptocurrencies without signing up to a cryptocurrency exchange. The company’s new fiat-to-crypto widget can be embedded in any crypto product so that users can enter their card information and acquire crypto that can be used in another web3 product. … Read more

GoStudent uses its warchest to acquire large network of traditional tutoring centres in Europe

GoStudent — the Austria-based late-stage Tutor marketplace which has raised $686.3 million (and attained a €3BN valuation) to date — has acquired Germany-based Studienkreis, a traditional tutoring company, founded in 1974, which is focused on the German-speaking ‘DACH’ region. Terms of the deal were not disclosed. Studienkreis had previously been owned, since 2017, by the … Read more

Alex Jones has filed for bankruptcy

Photo by Joe Buglewicz / Getty Images Infowars founder Alex Jones has filed for personal bankruptcy in the wake of a billion-dollar defamation penalty. As reported by Reuters this morning, Jones filed a petition for Chapter 11 bankruptcy in a Houston court this morning. Jones’ company, Free Speech Systems, filed its own bankruptcy petition in … Read more

Singapore-based e-commerce platform Carousell lays off 10% of staff

Carousell, a Singaporean consumer-to-consumer (C2C) service platform operating across Southeast Asia, is letting go of about 110 employees, or 10% of its total headcount, in an effort to reduce costs amid a challenging market condition for the tech industry.  The announcement came from the company’s blog on Thursday, posted by co-founder and CEO of Carousell … Read more