Huobi, one of the world’s largest crypto exchanges, will permanently close its exchange in Thailand on July 1, it announced on its website. This marks Huobi’s short-lived expansion into the Southeast Asian country where crypto adoption is thriving. According to blockchain analytics firm Chainalysis, Thailand has one of the world’s highest adoption rates of DeFi, … Read more
While Elon Musk first addressed Twitter employees at a Q&A for all, the CEO of Tesla and SpaceX gave some more details about his plans for the social platform. When Musk first announced his bid to buy Twitter for $44 billion, he proposed the idea of ”authenticating all people” on Twitter. As we are well … Read more
Millions of Indians assemble virtual sports teams every year, placing their hopes in the players they choose to perform exceptionally well in real-world matches. If the predictions are correct, users will make money. FanClash, a two-year-old Indian startup, is trying to bring esports, such as sleepy hit titles PUBG Mobile, COD and DOTA 2, to … Read more
To get a roundup of Vidak For Congress’s biggest and most important stories delivered to your inbox every day at 3:00 PM PDT, subscribe here† It’s Fridaa… wait, Thursday? come On, will this week ever end? Don’t worry, we’re fine, we’re just looking forward to our approaching vacation mode. † hi and Christine The Vidak … Read more
Notarizea startup offering online remote notarial services has let 110 people – or 25% of its workforce – go. You can calculate that the seven-year-old Boston-based company had about 440 employees before the cutback. When the COVID-19 pandemic first started, demand for Notarize’s services, known as RON for short, skyrocketed as people were confined to … Read more
The crypto sell-off of the past few weeks has wiped out hundreds of billions of dollars in paper gains, leaving many crypto millionaires looking for something else to hold onto. A class action lawsuit was filed in federal court in Manhattan on Thursday by a US Dogecoin investor accusing Elon Musk, Tesla and SpaceX of … Read more
Reddit announced Thursday that it would purchase Spell, a platform for conducting machine learning experiments, for an undisclosed amount. Spell was founded in 2016 by former Facebook engineer Serkan Piantino to provide a cloud computing solution that would allow anyone to run resource-intensive ML experiments without the high-end hardware that would normally be required. The … Read more
Instagram announced today that it will begin testing a new version of its full-screen feed, similar to TikTok’s, that aims to improve the way photos are displayed in this new format. The company said it will also use this experiment to try out changes to the navigation bar at the bottom of the Instagram app, … Read more
London-based Waymap aims to help visually impaired people navigate their environment, and it starts with public transport. The company has just completed a closed two-week trial of its navigation app at three stops on the Washington, DC metro, and hopes to start a public trial at 25 subway stations and 1,000 bus stops by September, … Read more
On stage at TC Sessions: Climate 2022 this week, renowned climate modeling expert Dr. William Collins why he is highly skeptical about carbon offsets, and in particular tree-based offsets. When asked whether offsets serve as a “jail-breaking card” for companies eager to show they care about the climate, Collins replied that offsets, “as far as … Read more