HUB2 banks $8.5M to become the ‘Stripe for Francophone Africa’

A fintech from Ivory Coast — part of one of the most economically challenged and financially fragmented regions in the world — has raised funding for an ambitious goal: to become the ‘Stripe for Francophone Africa’. HUB2, as the startup is called, already works with some 55 neobanks, payment companies, remittance companies and cryptocurrency providers, … Read more

BitGo Unveils Retail Crypto Custody Platform

BitGo, a cryptocurrency custodian that has been meeting companies’ safekeeping needs since 2013, said it is introducing a dedicated retail platform for everyday crypto investors. The retail custody offering is live for all global investors and provides the same institutional-grade security guarantees under the hood that the firm’s existing customers are familiar with, CEO Mike … Read more

Bitcoin’s ‘Illiquid’ Supply Soars to New All-Time High Near 15M Tokens

The so-called $100,000 <a href=”https://www.coindesk.com/markets/2024/12/02/xrp-replaces-tether-as-3rd-largest-cryptocurrency-while-btc-faces-384-m-sell-wall” target=”_blank”>sell wall</a> for bitcoin (BTC} is becoming a hard nut to crack, with $384 million available for sale between the current price and that six-figure milestone. A look at the supply data, though, suggests building pressure for an upward move. “Illiquid supply” refers to the amount of bitcoin that is … Read more

Meet DeGate: HackerNoon Company of the Week

We are back with another Company of the Week feature with HackerNoon! For those who are reading this feature for the first time – every week, we invite to the podium a standout business that has left a big mark on the technological scene of the world. All the data and information are provided by HackerNoon’s tech company … Read more

CoinDesk 20 Performance Update: HBAR Surges 42.3% as Index Climbs Higher from Friday

<a href=”https://www.coindesk.com/indices/” target=”_blank”>CoinDesk Indices</a> presents its daily market update, highlighting the performance of leaders and laggards in the <a href=”https://www.coindesk.com/indices/cd20/” target=”_blank”>CoinDesk 20 Index</a>. The CoinDesk 20 is currently trading at 3696.8, up 5.6% (+195.83) since 4 pm ET on Friday. Three of 13 assets are trading higher. Leaders: HBAR (+42.3%) and XRP (+38.5%). Laggards: SOL … Read more

Intel’s CEO is out after only three years

Image: Laura Normand / The Verge Intel CEO Pat Gelsinger has retired after over four decades at the company and stepped down from the board of directors effective December 1st, 2024. Gelsinger rejoined Intel as CEO in February 2021, taking over from Bob Swan to turn around the already struggling chipmaker — an effort that … Read more

MicroStrategy Added 15.4K Bitcoin for $1.5B as Saylor Pitches BTC to Microsoft

Disclaimer: The analyst who wrote this piece owns shares of MicroStrategy (MSTR). Bitcoin Development Company MicroStrategy (MSTR) is now the owner of nearly 2% of all the bitcoin (<a href=”https://www.coindesk.com/price/bitcoin/ ” target=”_blank”>BTC</a>) that will ever be created after adding to its holdings of the token. The firm <a href=”https://www.sec.gov/Archives/edgar/data/1050446/000119312524268429/d898104d8k.htm” target=”_blank”>disclosed the purchase</a> of 15,400 bitcoin … Read more

Stellantis CEO Carlos Tavares resigns from struggling carmaker

Stellanis is the parent company behind many brands and vehicles, including the Dodge Charger Daytona EV (pictured). | Image: Stellantis Carlos Tavares is stepping down as Chief Executive Officer of Stellantis, effective immediately, following a sharp decline in the carmaker’s sales. As the Wall Street Journal notes, in July, the company reported that its net … Read more

Intel CEO Pat Gelsinger retires

Intel has announced that CEO Pat Gelsinger has retired, effective December 1, and stepped down from the company’s board of directors. Intel execs David Zinsner and Michelle Johnston Holthaus have been named interim co-CEOs. Zinsner is Intel’s CFO, and Holthaus, GM of Intel’s client computing group, has been appointed to the newly created position of … Read more

Ex-NBA athlete Omri Casspi launches $60M fund targeting cybersecurity, cloud infra and AI

Former NBA athlete Omri Casspi has raised $60 million for his latest venture fund, Swish Ventures, which will invest in early-stage cybersecurity, cloud infrastructure, and AI startups. The fund plans to back 10 companies, and will invest $5 million to $7 million per deal. Swish Ventures is Casspi’s second fund following the launch of Sheva … Read more