Abu Dhabi-based investment firm MGX has invested $2 billion in cryptocurrency exchange Binance, potentially marking one of the biggest funding deals in the industry’s history. In a March 12 announcement, Binance said the transaction was the first institutional investment in the cryptocurrency exchange. Once finalized, the deal will be funded entirely through stablecoins. Binance declined … Read more
“The tactics, techniques, and procedures (TTPs) observed in this npm attack closely align with Lazarus’s known operations,” a cybersecurity research said.
The all-electric Toyota C-HR Plus. Toyota announced updates to its European EV offerings, including an electric version of the Toyota C-HR called the C-HR Plus, and a refreshed bZ4X that addresses many of the electric crossoverâs shortcomings. The C-HR Plus is built on Toyotaâs e-TNGA platform and comes in two battery options: 57.7 kWh with … Read more
Many investors dismiss BNB as simply “the Binance coin,” but that designation fails to recognize its broader value unlocks. While BNB was initially launched as the native token of the Binance Chain (now the BNB Smart Chain), and its early token burns were tied to Binance’s quarterly profits, BNB is evolving into a decentralized asset … Read more
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Crypto markets have recently dropped to their lowest prices in three months, reversing most of the gains following Trump’s U.S. presidential victory. Bitcoin had been holding up relatively well until the $92,000 level, which had been holding as support since November 2024, was broken. The price then rapidly fell to $80,000, where it found support. … Read more
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Crypto exchange giant Binance said on Wednesday that Abu Dhabi-based investment firm MGX invested $2 billion in the company. The investment marks the first institutional placement in the exchange and it’s also the first digital asset-focused investment for MGX, according to a press release. The investment was made in stablecoins, the statement noted, though it … Read more
Enterprises have troves of internal data and information that employees need to complete their tasks or answer questions for potential customers. But that doesn’t mean the right information is easy to find. Onyx wants to solve that problem through its internal enterprise search tool. There are other big names in the category, like Glean — … Read more
Opinion by: Sasha Ivanov, founder of Waves and Units.Network Not long ago, the idea that an internet joke could become a multibillion-dollar asset class seemed laughable. Today, memecoins are not just mainstream. They are reshaping entire market cycles. The US now has an official memecoin associated with the president. What started as a niche community … Read more
Google DeepMind is launching two new AI models designed to help robots “perform a wider range of real-world tasks than ever before.” The first, called Gemini Robotics, is a vision-language-action model capable of understanding new situations, even if it hasn’t been trained on them. Gemini Robotics is built on Gemini 2.0, the latest version of … Read more
Binance announced Wednesday that Abu Dhabi-based AI and tech investor MGX has put $2 billion into the company, paid in stablecoins.
Federal Communications Chairman Brendan Carr wants to know whether YouTube TV has a policy that “discriminates” against faith-based channels. In a letter sent to Google CEO Sundar Pichai and YouTube CEO Neal Mohan, Carr cites a complaint raised by Great American Media, which claims the service “refuses” to carry one of its networks. Carr notes … Read more
The U.S. Treasury market is experiencing its highest volatility in four months, potentially jeopardizing an expected bitcoin (BTC) price recovery. U.S. inflation data for February came in softer-than-expected, strengthening the case for Federal Reserve interest-rate cuts. The reading encouraged some analysts to forecast a bitcoin price recovery to $90,000 and higher. It’s currently around $82,000. … Read more
Google is replacing lead-acid battery backup units with lithium-ion cells, freeing up space for more servers. © 2024 TechCrunch. All rights reserved. For personal use only.
A recurring theme in Europe’s tech world is that the region needs its own Google or Microsoft, and that in this day and age, to be more resilient and independent, it should, could and must build it. Now comes the launch of a new fund to support this initiative. Project Europe — a new fund … Read more
“Under favorable conditions, ETH may reach $6,000–7,000 this year,” an analyst told Decrypt.
Bitcoin (BTC) saw a classic Wall Street sell-off on Mar. 12 as bears tempered a welcome US inflation slowdown. BTC/USD 1-hour chart. Source: Cointelegraph/TradingView BTC price reverses at key bull market trendline Data from Cointelegraph Markets Pro and TradingView showed BTC/USD reaching three-day highs of $84,437 on Bitstamp before reversing. The January print of the … Read more
Though the Swedish startup has raised over $14 billion, it has been running short on cash recently. © 2024 TechCrunch. All rights reserved. For personal use only.
Until the new presidential administration took office, the digital asset industry was embroiled in an existential showdown with the U.S. Securities and Exchange Commission. For years, the SEC waged a scorched-earth regulation-by-enforcement campaign against the digital asset industry and its most-used platforms for failing to adhere to confusing — or non-existent — rules about what … Read more
Bolivia’s state energy company YBFB will use cryptocurrency to pay for energy imports, according to a Reuters report. YBFB hopes that using crypto will be a direct solution to the nation’s shortage in U.S. dollars and foreign currency reserves. The shortage comes alongside a fuel crisis spurred by a lack of natural gas exports, which … Read more
La Fourche is just seven years old but it has been quite a rollercoaster for the French startup. During this time, the online grocery retailer has gone through a global pandemic, followed by the rise of venture-backed quick-commerce startups that promised grocery deliveries in less than 15 minutes, followed by the implosion of that vertical. … Read more
The new Siri was supposed to make the iPhone 16 a huge upgrade. It didn’t. The onrushing AI era was supposed to create boom times for great gadgets. Not long ago, analysts were predicting that Apple Intelligence would start a âsupercycleâ of smartphone upgrades, with tons of new AI features compelling people to buy them. … Read more
A large cryptocurrency trader, known as a whale, lost more than $308 million on a leveraged Ether position, underscoring the risks of leveraged trading during volatile market conditions. The unknown crypto trader was liquidated on their 50x leveraged long position for over 160,234 Ether (ETH), worth more than $308 million at the time of writing, … Read more
The Bank of Russia has submitted proposals to the government for a controlled experiment allowing a “limited group of Russian investors” to trade cryptocurrencies, based on a directive from the country’s President Vladimir Putin. The plan would introduce an experimental legal regime (ELR) lasting three years wherein “particularly qualified” investors would be allowed to conduct … Read more
Major meme coins are bouncing despite the traditional stock market continuing to decline amid President Donald Trump’s trade war.
iRobot, the company behind the iconic Roomba brand, warns investors its in trouble. A day after launching a new line of Roomba vacuum cleaners, iRobot Corp. has warned investors that it could shut down in the next 12 months unless it can refinance its debt or find a buyer. According to its latest financial filings, iRobot … Read more