Lanch bags $27M for a social media-skewed take on fast food

E-commerce startups built around food continue to gobble up funding as investors look for sticky consumer concepts that can scale without breaking the bank. On Wednesday, Germany’s Lanch — which taps social media and influencers to develop popular food brands alongside retail networks for distributing them — closed funding of €26 million ($27 million) to … Read more

Eric Semler’s X Account Hacked, Promotes Solana-Based Token

The X account of Semler Scientific chairman Eric Semler has seemingly been compromised, with various posts from it pointing to the supposed creation of a Solana-based token under the same trading symbol that the firm trades under at Nasdaq. The account shared a post suggesting that the token is looking to bridge “institutional-grade Bitcoin exposure … Read more

EU abandons ePrivacy, AI liability reforms, as bloc shifts focus to competitiveness & data access for AI

A long stalled bid to beef up European Union rules around online tracking technologies — and put penalties on a similar footing to the bloc’s data protection framework, GDPR, which allows for fines of up to 4% of annual turnover for breaches — has been withdrawn by the Commission after co-legislators failed to reach agreement … Read more

Crypto Daybook Americas: Inflation Data May Shake Out Bitcoin’s Doldrums as Demand for BTC Picks Up

By Francisco Rodrigues (All times ET unless indicated otherwise) The U.S. inflation report due later today might shift bitcoin (BTC) out of the doldrums that have mired it this week. In recent years, the January figure has tended to show significant price hikes. Last year, for example, the month’s data put an end to a … Read more

A woman in China sued Tesla after complaining of faulty brakes — now she’s paying Tesla $23K

As per an investigation by the Associated Press (AP), Tesla has won a defamation lawsuit against one individual called Zhang Yazhou, who in February 2021 was a passenger in a Tesla Model 3 car that allegedly crashed due to faulty brakes, resulting in a four-day hospital stay for both her parents. Following the accident, Zhang … Read more

Trump-Family Backed World Liberty Financial Starts Token Reserve for Crypto Investment

The Trump-family backed World Liberty Financial launched its token reserve to back various crypto ecosystems, the decentralized finance (DeFi) protocol said in an X post on Wednesday. World Liberty said it will diversify its token holdings and also engage with traditional finance firms to invest their tokenized assets into the reserve. The protocol did not … Read more

PINTU Reports 150% YoY Growth in Trading Volume, Driven by AI and Meme Token Surge

Jakarta, Indonesia, February 11th, 2025, Chainwire Key Takeaways: Significant Trading Growth: PINTU’s trading volume surged over 150% YoY from January 2024 to January 2025, with Monthly Trading Users (MTU) increasing by more than 100%. AI & Meme Tokens Lead Market Growth: AI tokens saw a 1,200% increase in trading volume, while meme tokens grew 230%, … Read more

Ripple, Galaxy Execs Loaned $160M to Moonpay So That They Could Support TRUMP Memecoin Launch

Loans from Galaxy and Ripple played a pivotal role in helping crypto exchange MoonPay handle the demand stemming from the launch of Donald Trump’s official memecoin after its Jan.18 issuance, a new podcast reveals. TRUMP launched days before the President’s swearing-in ceremony. The token launch was a surprise move that made him the first-ever president … Read more

TikTok Shopping Is Opening the Floodgates to Scams

TikTok Shop is generally safe to buy from, but it’s important to be careful when purchasing from the online marketplace. TikTok Shop is a segment of TikTok that allows you to buy items from your favorite content creators and influencers. The online marketplace launched in the U.S. in September 2023, and approximately 5% of all American consumers … Read more