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“# Stablecoin insurance firm Bridge Mutual to protect against possible Tether depegging ” While the value of stablecoins like Tether (USDT) and USD Coin (USDC) is designed to be pegged to another asset, such as the U.S. dollar, the crypto industry has fretted for years about the possibility of a major depegging — especially amid U.S….
“#With 3D printed ‘steaks’, Spanish startup eyes the mass market” BARCELONA, June 29 – As demand for plant-based alternatives to meat rises, Barcelona-based startup Novameat is using its 3D printing technology to manufacture vegetarian “steaks” that it hopes will reach the mass market next year. Novameat plans to sell its “steaks” directly to consumers and…
“# Colombian capital supports blockchain and emerging tech with $2.3M fund ” Colombia’s capital of Bogotá is funding blockchain development as part of the city’s broader investment in innovative technologies. According to a Monday announcement on the city of Bogotá’s official website, the municipal government will provide 8.8 billion Colombian pesos ($2.3 million) to local…
“#Silicon Valley aviation startup accuses Larry Page-backed rival of stealing secrets” A legal dogfight is raging in Silicon Valley — with two deep-pocketed startups accusing each other of stealing futuristic airplane designs. Archer Aviation — which archrival Wisk Aero sued this spring for allegedly stealing its plans for an electric-powered “air taxi” that’s capable of…
“#Helicopter startup Blade had phony spokesman for years, CEO admits” A tony private aviation charter company took the media for a ride — when they made up a phony spokesman and issued press announcements under his name, an executive admitted in a new interview. Blade, which provides chartered jets and choppers to the wealthy, created…
“#Payments app Klarna soars to eye-popping $45.6B valuation” Deferred payments app Klarna soared to a valuation of $45.6 billion in its latest fundraising round — buoyed by an investment from Japan’s SoftBank. The “buy-now-pay-later” firm, which raised $639 million Thursday, is now Europe’s most valuable privately-held financial technology company. Like competitors Afterpay and Affirm, Stockholm-based…
“# Top blockchain mentors join forces to advise on ‘groundbreaking’ Solana projects ” Solverse, a Solana-focused accelerator program, has tapped 21 subject matter experts to advise on up-and-coming Solana projects, setting the stage for further development of the high-performance blockchain network. Representatives from 21 companies were selected to join the Solverse mentorship program. The mentors…
“#Startup teaches young Nigerians to code on smartphones” Samuel Anyaele regularly tells his students that everything they need to write a software code can be found on their mobile phones. He writes HTML codes on his phone, which are displayed on a monitor in a tiny classroom in Lagos, Nigeria’s megacity. His students look up…
“# Lego and Disney veteran joins digital collectibles platform Terra Virtua ” Digital collectibles platform Terra Virtua has tapped branding veteran Pierre Dadd to lead its marketing division, offering yet another example of a high-profile executive transitioning to a blockchain company. Dadd has been hired for the position of marketing director, Terra Virtua announced Wednesday….
“# Crypto.com unveils EVM blockchain functionality and related fund ” In the coming months, Crypto.com’s blockchain will let projects built on Ethereum transfer over to its ecosystem via Ethereum Virtual Machine, or EVM, compatibility. The company also unveiled a related fund to bolster interested projects. According to a Friday public statement from the company provided…