Payward, the parent company of Kraken, cut about 150 jobs as AI tools improved efficiency ahead of a planned IPO. Kraken’s owner still targets a $20 billion listing, but the IPO has been delayed due to weak market conditions.
WeatherlyThis week, 17 blockchain startups completed funding rounds, raising a total of $443 million. Payward raised $200 million from Deutsche Börse Group, the largest funding round of the week.
JinseFinanceGolden Finance has launched the 2769th issue of "Golden Morning 8", a morning report on the cryptocurrency and blockchain industry, to provide you with the latest and fastest digital currency and blockchain industry news.
JinseFinanceGolden Finance launches the 2764th issue of "Golden Morning 8" - a morning report on the cryptocurrency and blockchain industry, providing you with the latest and fastest news on the digital currency and blockchain industry.
JinseFinanceAbridge AI Inc., a Pittsburgh-based startup specializing in artificial intelligence software for healthcare professionals, is on the cusp of raising $250 million in new funding. Leading this significant investment are prominent figures in the tech world, including investor Elad Gil and IVP, with Alphabet Inc.’s CapitalG fund also expected to participate. This new capital round will reportedly close at a pre-money valuation of $2.5 billion, marking a tremendous leap from the $200 million valuation the company achieved just last year.
WilfredIn a shrewd financial maneuver, Dave Inc. secured FTX Ventures' convertible debt at a discounted rate of $71 million. The completion of the deal is subject to court approval, with stringent conditions to prevent alternative transactions. Dave Inc.'s CEO, Jason Wilk, expresses confidence in the move, while FTT, FTX's native cryptocurrency, sees a 15% surge. FTT is currently trading at $2.99.
Cheng YuanThe company previously announced in June that it would be accepting beta applications throughout the month, with testers slated to receive the beta product for free.
DavinThe world's largest tech company by market cap, Apple Inc., managed to get rid of the proposed Class Action Lawsuit for allegedly hosting a spoofed crypto wallet, Toast Plus.
Bitcoinist(Any views expressed in the below are the personal views of the author and should not form the basis for making investment decisions, nor be construed as a recommendation or advice to engage in investment transactions.) There is shockingly little that we as humans can actually control about our existence…
CryptohayesThe site will use a combination of solar panels and battery storage from excess daylight to power Bitcoin mining.
Cointelegraph