CoinDCX, India’s leading cryptocurrency exchange, is expanding internationally through the acquisition of BitOasis, a digital asset platform in the Middle East and North Africa, the companies said Wednesday. The Bengaluru-based startup said BitOasis’s team is joining CoinDCX, with the original leadership continuing to manage the exchange, which offers trading in more than 60 tokens. BitOasis
Month: July 2024
The Indian social media platform Koo, which positioned itself as a competitor to Elon Musk’s X, is ceasing operations after its last-resort acquisition talks with Dailyhunt collapsed. Despite securing over $60 million in funding from prominent investors including Tiger Global and Accel, Koo faced significant challenges in expanding its user base and generating revenue over
The alternative investment platform Yieldstreet is the latest company to reveal that its customers were affected by the recent data breach at Evolve Bank and Trust, TechCrunch has exclusively learned. On Tuesday, Yieldstreet spokesperson Clare Burrows confirmed to TechCrunch that “some Yieldstreet customer information may have been impacted” as a consequence of the Evolve breach.
Snapchat is introducing new ways for users to personalize their accounts, the company announced on Tuesday. The new updates, which are mostly available for Snapchat+ subscribers, allow users to do things like design a personalized house on Snap Map, share super quick Snaps, and edit their Bitmoji, among other things. At a time when social
European regulation is turning ESG reporting from a nice-to-have to a must. This creates new tailwinds for startups such as Paris-based Apiday, whose platform targets private equity funds and blue-chip companies needing to track and pilot sustainability practices. Asset management firms have been a key target for Apiday, especially European ones. Because of the Sustainable
The venture fundraising trend in 2024 is fairly clear by now: Large, established VC firms are continuing to attract capital from limited partners, while smaller, newer funds are finding it more difficult to raise. But Industry Ventures’ latest fundraise should offer a dash of good news for emerging managers. On Tuesday, the 24-year-old firm announced
Google has issued its 2024 Environmental Report, a more than 80-page document describing all of the massive company’s efforts to apply tech to environmental issues and to mitigate its own contributions. But it totally dodges the question of how much energy is AI using — perhaps because the answer is “way more than we’d care
The situation around a data breach that’s affected an ever-growing number of fintech companies has gotten even weirder. Evolve Bank & Trust announced last week that it was hacked and confirmed the stolen data has been posted to the dark web. Now Evolve has sent a cease and desist letter to the writer of a
Sophisticated spacecraft often run on shockingly outdated computing systems: consider that the Perseverance rover runs on a PowerPC 750, the processor famous for running on iMacs in the late 1990s. San Francisco-based Aethero is aiming to bring more powerful computing systems to orbit, and their first payload launches this month on SpaceX’s Transporter-11 rideshare mission.
The amount of waste produced by the construction industry adds up to more than a third of the overall waste produced each year in the European Union. And it’s no better in the U.S. Stateside, the construction industry produces more than double the waste that households do each year. Sensorita wants to help the construction
Meta plans to bring more generative AI tech into games, specifically VR, AR and mixed reality games, as the company looks to reinvigorate its flagging metaverse strategy. According to a job listing, Meta is seeking to research and prototype “new consumer experiences” with new types of gameplay driven by generative AI, like games that “change
X, formerly Twitter, could be bringing back a downvote feature for posts — something it had previously tested back in 2021, ahead of Elon Musk’s acquisition of the social network. At the time of the original experiment, Twitter had tested both upvoting and downvoting buttons, similar to how users can vote on the social forums
Mastodon, the open source, decentralized alternative to X (formerly Twitter), is rolling out a new feature that’s meant to make the app more appealing for those who use it to keep up with news and information from writers and journalists. Starting Tuesday, the company is adding clickable author bylines on link posts that can direct
Raising a Series A round in today’s competitive market can be a daunting task. To equip seed-stage founders with the insights and strategies needed for success, TechCrunch Disrupt 2024 will host a crucial session on the Builders Stage titled “What You Need to Raise a Series A Today.” This session will bring together some of