Indian edtech Vedantu has acquired a majority stake in education chain Deeksha for $40 million, the latest in local online learning platforms’ growing attempts at tapping opportunities in the offline market. The Bengaluru-headquartered Vedantu, which became a unicorn last year, said it will integrate its technology into offline centers of Deeksha as part of the … Read more
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Kenya has the largest and most thriving furniture industry in East Africa, but the sector’s potential is hindered by several challenges among them production inefficiencies and quality concerns, forcing most major retailers to settle on imports. MoKo Home + Living, a Kenya-based home furniture manufacturer and omnichannel retailer, saw this gap and over several years … Read more
The Financial Accounting Standards Board (FASB) has said that firms should use fair-value accounting methods for cryptocurrencies likes bitcoin and ethereum.
Ballooning leverage and reduced volatility on crypto markets create a situation where explosive volatility is very possible in the short-to-medium term.
Custodia alleges the Federal Reserve Board of Governors showed favoritism over approval delays, while giving BNY Mellon a green light to engage in crypto custody.
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According to Tron’s Founder Justin Sun, empowering HT holds the key to revitalising Huobi.
The feature should display how much storage space you can save by archiving an application instead of having to completely uninstall it. | Image: Google / @AssembleDebug While we’ve been waiting to hear more about Google’s upcoming tool that “archives” certain apps to help free up space on your device, @AssembleDebug has managed to activate … Read more
Over $718 million has been stolen from DeFi protocols across eleven different hacks this month so far, per research firm Chainalysis.
Nerves are showing on the market after several days of Bitcoin “stuck” in a tiny trading range.
Sony’s prototype Vision-S 02 SUV, unveiled at CES 2022 as a platform for developing Sony’s EV technology. | Image: Sony Sony and Honda have announced that they plan to start selling their jointly-developed electric vehicles in the US in early 2026. The US has been chosen as the first market because of its well-developed taste … Read more
Image: Microsoft Microsoft is making a major change to its Microsoft Office branding. After more than 30 years, Microsoft Office is being renamed “Microsoft 365” to mark the software giant’s collection of growing productivity apps. While Office apps like Excel, Outlook, Word, and PowerPoint aren’t going away, Microsoft will now mostly refer to these apps … Read more
The funding round was co-led by Accel and Quona Capital with participation from Jump Capital and Elevation Capital.
The former cabinet minister is pushing for the government to be more pro-innovation.
Crypto banking and payments platform BVNK has won registration has a virtual asset services provider (VASP) in Spain.
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Zen Educate, an online marketplace that algorithmically matches schools with the best available teachers, has raised £19.3 million ($21 million) in a Series A extension round of funding. Founded out of London in 2017, Zen Educate is setting out to supplant the traditional approach to recruiting teachers, a system that typically involves third-party agencies and … Read more
The phishing scam, where people were defrauded out of NFTs worth millions of dollars, was brought to light in August.
The largest CBDC pilot in the world is going to expand on citizen payments and cross-border operations with Hong Kong.
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Focused on Southeast Asia, Ayoconnect’s APIs make it faster for businesses to launch new financial services, instead of needing to build their own tech infrastructure. It is also licensed by Indonesia’s central bank, enabling it to offer more services. The open finance startup announced today it has closed a $13 million Series B extension round … Read more
Though it’s been available for the iPhone for months, Truth Social is now listed in Google’s app marketplace for the first time. Axios first reported Wednesday that Truth Social, former President Trump’s social network, cleared the necessary hurdles to get approval from Google. The app became available on Android shortly after and is now live … Read more