20 posts
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Modal Labs, a prominent provider of AI inference infrastructure, is reportedly nearing the completion of a massive $750 million funding round. The deal, which is being led by venture capital powerhouse Accel, is expected to value the New York-based startup at approximately $15.75 billion, including the new investment. This significant financial milestone underscores the explosive…
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A sophisticated new identity theft service operating on the dark web has sent shockwaves through the cybersecurity community this week, claiming to offer digital scans of more than 153 million driver’s licenses belonging to residents across the United States and Canada. The platform, known as "Nexus," has become the focus of a major federal inquiry,…
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In a move that signals a significant realignment in the global stablecoin landscape, Binance has finalized a major five-year commercial agreement with Circle, the issuer of the U.S. dollar-pegged stablecoin USDC. As part of this expanded partnership, the world’s largest cryptocurrency exchange by trading volume has made a $100 million equity investment in Circle, effectively…
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In the wake of the massive security breach that saw cryptocurrency exchange Bitget lose approximately $351.6 million, stablecoin giants Circle and Tether have intervened by blacklisting a wallet address associated with the theft. While the move represents a proactive step in limiting the attacker’s ability to off-ramp stolen funds, industry experts have pointed out that…
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Lightspeed is sharpening its long-term strategy for the Indian market, signaling a decisive pivot toward artificial intelligence. The Silicon Valley venture capital titan is currently targeting $250 million for a new early-stage fund, betting that the rapid maturation of AI technology will serve as the primary engine for the next wave of high-growth startups in…
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In a significant security incident that has sent ripples through the digital asset ecosystem, crypto exchange Bitget has confirmed a massive security breach resulting in the loss of approximately $351.6 million. The incident, which unfolded late on September 24, saw attackers infiltrate the exchange’s internal systems to orchestrate unauthorized transfers. Despite the substantial scale of…
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In a significant blow to the digital asset industry, the cryptocurrency exchange Bitget has confirmed a major security breach that resulted in the exposure of approximately $351.6 million in funds. The incident, which unfolded late Thursday, was officially acknowledged by Bitget CEO Gracy Chen shortly after independent blockchain security researchers and analysts identified a series…
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In a landmark development for the artificial intelligence infrastructure sector, Snorkel AI, a startup specializing in the creation of training datasets and simulated environments for machine learning, has successfully raised $350 million in a Series E funding round. This significant capital injection catapults the seven-year-old company to a valuation of $3.5 billion, nearly triple the…
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In the high-stakes world of semiconductor manufacturing, the Netherlands occupies a position of global preeminence. While the titan of the industry, ASML, commands the spotlight with its complex lithography machines used to etch intricate patterns onto silicon wafers in massive factories, a smaller yet strategically vital compatriot is carving out a niche in a different,…
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A sophisticated new identity theft service operating on the dark web has sent shockwaves through the cybersecurity community and federal law enforcement agencies this week. The platform, dubbed "Nexus," is currently offering for sale high-resolution digital scans of more than 153 million driver’s licenses and government-issued identification documents belonging to citizens across the United States…
Design & UI/UX
As October approaches, bringing with it a dramatic shift in scenery, crisp misty mornings,...
Gadgets & Hardware
There is perhaps no digital experience quite as jarring for a dedicated music listener...
Tech Education & Careers
Front-end developers frequently encounter a familiar request from clients and users: making elements take...
Gadgets & Hardware
With the highly anticipated release of iOS 27, Apple has officially initiated the rollout...
