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Onton, a product search and discovery engine, has raised $7.5 million in seed funding led by Footwork with participation from Liquid 2, Parable Ventures, 43 and others, bringing its total funding to approximately $10 million. The company will use the capital to expand its product,... Read More
Fears of an AI bubble and how the current market turmoil is good for DeFi generated a bonus Web3 Thoughts of the Week Market turmoil is DeFi’s opportunity “Downturns are uncomfortable, but they create the exact conditions where decentralized finance shines. When liquidity dries up... Read More
As holiday shopping peaks, experts warn about e-skimming — malicious JavaScript code injected into legitimate e-commerce sites to steal customers’ payment data during checkout. This is the online equivalent of physical skimming devices found on ATMs or gas pumps. What makes e-skimming particularly dangerous is... Read More
Coin Metrics has shared key insights on recent significant developments in the Bitcoin (BTC) and crypto space. The researchers from Coin Metrics have shared several important notes on major crypto events and what to anticipate as we close out this current year and head into... Read More
Liverpool FC is announcing PayPal (NASDAQ: PYPL) as the club’s digital payments partner in a new global deal. This marks PayPal’s collaboration with a Premier League club, positioning the Fintech as one of the ways to pay for football enthusiasts. A global enabler of digital... Read More
Coupang, South Korea’s biggest online retailer, apologised on Sunday after a breach exposed personal information from 33.7 million customer accounts, prompting government scrutiny and warnings of follow-on scams. The US-listed company said the leak involved customers’ names, email addresses, phone numbers, shipping addresses and some... Read More
Canada’s so-called high-value payment system, Lynx, has reportedly reached a key milestone, completely transitioning to the ISO 20022 financial message standard (MX messages), marking a step forward for payment advancements across the country. This update aligns with the international initiative to discontinue outdated legacy MT... Read More
Regtech firm SlowMist noted that recently, the NPM ecosystem has experienced another large-scale package poisoning incident. For context, the so-called NPM ecosystem is the vast, interconnected system of the Node Package Manager (npm), which includes the “online registry of software packages and the command-line interface... Read More
PitchBook noted in its latest global private market fundraising report that dry powder on the rise despite a fairly tough fundraising environment. PitchBook also mentioned in the extensive research report that even though fundraising was a bit slow so far this year, private markets remain... Read More
Harmonic, a Palo Alto-based artificial intelligence startup backed by Robinhood CEO Vlad Tenev, said it raised $120 million in a Series C funding round that values the company at $1.45 billion post-money. The round was led by Ribbit Capital, with significant participation from Sequoia Capital,... Read More