Trump goes after websites that raise money for his enemies

Donald Trump will sign an executive order that will target online election fundraising platforms that may allegedly process foreign campaign donations – an action specifically aimed at curtailing the activities of ActBlue, the primary online fundraising platform for the Democratic Party.  Politico first reported that the executive order was imminent, was aimed at launching an … Read more

Startups of The Year 2024 Winners: Africa

After months of nominations, voting, and a huge year for us and our startup partners, the curtains have officially closed on Startups of The Year 2024. With over 150,000 startups in the running and more than 4 million votes cast, this was our biggest edition yet. Shout-out to all the participating startups for changing the … Read more

Securitize, Mantle launch institutional crypto fund

Tokenization platform Securitize has partnered with decentralized finance (DeFi) protocol Mantle to launch an institutional fund designed to earn yield on a diverse basket of cryptocurrencies, the companies said.  Similar to how a traditional index fund tracks a mix of stocks, the Mantle Index Four (MI4) Fund aims to offer investors exposure to cryptocurrencies, including … Read more

Global Tokenized Real Estate Market Could Explode to $4T by 2035, Deloitte Forecasts

Real estate tokenization—once a niche experiment—may soon become a core pillar of how property is financed, owned and traded, according to a Thursday report by Deloitte Center for Financial Services. The market of tokenized real estate could reach $4 trillion by 2035, growing at a compound annual rate of 27% from the current size of … Read more

Startups of The Year 2024 Winners: Europe

After months of nominations, voting, and a huge year for us and our startup partners, the curtains have officially closed on Startups of The Year 2024. With over 150,000 startups in the running and more than 4 million votes cast, this was our biggest edition yet. Shout-out to all the participating startups for changing the … Read more

Evernote founder’s video startup mmhmm becomes Airtime, launches new products

Evernote founder Phil Libin is ready to liven up your video meetings. The entrepreneur’s video startup, mmhmm, launched in 2020 amid the pandemic, on Thursday unveiled its latest product: a video toolkit for online meetings called Airtime. The suite includes two related tools: a virtual camera that helps you appear more polished on video calls, … Read more

Bitcoin long-term holders get $26B boost as BTC price recovers from ‘fairly normal’ 30% correction

Key Takeaways: The Bitcoin long-term holder cohort saw a $26 billion value increase as BTC price surged to $94,900. Short-term holders sold at a loss in early April. Bitcoin’s 30% correction lines up with historical cycles, and BTC could find support in the $88,750 and $91,000 zone. Bitcoin (BTC) long-term holders (LTHs) significantly increased their … Read more

Ex-SEC chair, now heading SDNY, offers rebuke in $12M crypto fraud case

Jay Clayton, recently appointed interim US Attorney for the Southern District of New York (SDNY) and former chair of the Securities and Exchange Commission, has begun offering statements in criminal cases involving crypto fraud. In an April 23 notice, the US Attorney’s Office said Eugene William Austin, also known as Hugh Austin, had been sentenced … Read more

Report: Adam Neumann’s Flow raises $100M+, more than doubles valuation to $2.5B

Former WeWork CEO Adam Neumann has raised over $100 million in capital for his proptech startup, Flow, in a round that values that company at about $2.5 billion, Bloomberg reported on Thursday.  Citing anonymous sources familiar with the deal, Bloomberg reported that existing backer Andreessen Horowitz (a16z) participated in the financing. Neumann told Bloomberg that … Read more

Trump updates Biden’s robo-car crash reporting rule to benefit Tesla

In a surprise move, President Trump’s transportation department has decided to keep the Biden-era rule requiring automakers and tech companies to report crashes that involve fully or partially autonomous vehicles. But they’re making a few changes that are likely to have a big impact on one company. In 2021, the National Highway Traffic Safety Administration issued … Read more

Crypto startups no longer welcome in Nvidia’s accelerator program

Nvidia’s accelerator program appears to sidestep digital assets startups, with its help section listing crypto-focused companies as ineligible to join the tech giant’s global network of founders. According to the program website, crypto companies and four other types of businesses are excluded from participating in Nvidia’s Inception: consulting and outsourced development firms, cloud service providers, … Read more

You’re invited to a fireside chat with Baiju Bhatt on Sand Hill Road on June 18 at StrictlyVC

We’re thrilled to announce that Baiju Bhatt, co-founder of Robinhood and founder and CEO of Aetherflux, will be joining us for a rare, intimate fireside chat as part of TechCrunch’s StrictlyVC evening series on June 18 on Sand Hill Road in Menlo Park. As with all of our StrictlyVC evenings, the event will feature just … Read more

Meta conducts layoffs in Oculus Studios, impacting VR exercise app Supernatural

Meta laid off employees on Thursday in its Reality Labs division, which encompasses various virtual and augmented reality projects. The cuts impact employees within Oculus Studios, which develops apps and games for Meta’s Quest headsets. Meta did not specify how many people were impacted by the layoffs, but said that the cuts impacted people working … Read more

Bowers & Wilkins upgraded our pick for the best sounding wireless headphones

Bowers & Wilkins’ new PX7 S3 are slimmer than the S2e, and include a smaller carrying case. | Image: Bowers & Wilkins We called Bowers & Wilkins’ PX7 S2e the “best-sounding wireless headphones” in our  noise-canceling headphones buyer’s guide, but the company’s latest could be a new contender for that title. Bowers & Wilkins says … Read more

El Salvador’s Top Crypto Regulator Meets With U.S. SEC: ‘It Was Very Refreshing’

El Salvador’s Comisión Nacional de Activos Digitales (CNAD), the agency in charge of regulating digital assets in the Central American nation, is seeking to establish a cross-border regulatory sandbox with the U.S. Securities and Exchange Commission (SEC). “We want to create international collaboration,” Juan Carlos Reyes, president of the CNAD, told CoinDesk in an interview. … Read more