Latest Smartphones, Gadgets and Startups News
Abu Dhabi-regulated tokenization company KAIO said on Monday it had raised $8 million in a strategic funding round backed by Tether and several other cryptocurrency and institutional investors as it builds infrastructure to bring traditional funds into the blockchain orbit. This round brings KAIO’s total funding to $19 million. New investors include Systemic Ventures, Further…
Work on setting global standards for stablecoins has slowed over the past year, raising concerns among central bankers who fear regulatory gaps could fragment markets and amplify risks. Reuters reported last week that Andrew Bailey, governor of the Bank of England and chairman of the Financial Stability Board, said progress on international rules had stalled….
Two Southwest Airlines Boeing 737s were forced to perform evasive maneuvers at Nashville International Airport on Saturday after a collision alert in the cockpit warned pilots that the two planes were too close. Southwest Flight 507 from Myrtle Beach, South Carolina, landed in gusty winds at the same time Southwest Flight 1152 took off from…
The Los Angeles Lakers surprised many on Saturday by winning Game 1 of their first-round playoff series against the Houston Rockets. Now they’re looking to take a 2-0 lead in the series and put Houston in a huge hole in Game 2 on Tuesday. Their injury report remains the same as before Game 1. Luka…
The popular Spider-Man meme showing three identical superheroes pointing fingers at each other is having its crypto moment today. An L2 source familiar with the matter told CoinDesk that the Kelp DAO will push back against LayerZero’s post-mortem of the $290 million vulnerability on Sunday, which essentially blamed Kelp. Kelp plans to dispute the cross-chain…
Watch: Typhoon Sinlaku hits Pacific islands with dangerous winds and heavy rain 14:12 The U.S. Coast Guard said on Monday that a capsized boat found near the U.S. territory of Saipan after a typhoon hit it was the missing vessel with six people on board. The Coast Guard said it was still searching for six…
German bank Deutsche Bank (DB) says cryptocurrency adoption in the United States has made a comeback, although price sentiment remains cautious. In a new retail survey of 3,400 consumers in the US, UK and EU, the bank said US participation rebounded to 12% in March from a low of 7% in February, returning to July…
Amazon used its market power to push companies like Walmart to raise prices on its sites so the e-commerce giant wouldn’t be undercut by rivals, according to a document released Monday by California’s attorney general in an ongoing lawsuit. In 2022, Attorney General Rob Bonta sued Amazon in San Francisco Superior Court, accusing the company…
One night, it wasn’t a swinging bunt or a soft jam shot that killed Phillies pitchers. Instead, hard contact from the Cubs lineup plagued Nola’s night. Aaron Nola returned to the mound to start his second inning at Wrigley, and the Cubs’ bats swooped in after an offense behind him loaded the bases with two…
Blockchain sleuth ZachXBT wrote on Sunday that the team behind RaveDAO at least knows who manipulated the price of its token, which soared an incredible 11,000% before collapsing almost immediately. “I discovered suspicious CEX (Centralized Cryptocurrency Exchange) activity on April 26th associated with the RaveDAO team’s on-chain addresses, which may contradict their recent statements,” the…