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Huobi, one of the world’s largest crypto exchanges, will shut down its exchange in Thailand permanently on July 1, it announced on its website. This marks Huobi’s short-lived expansion into the Southeast Asian country where crypto adoption is flourishing. According to blockchain analysis company Chainalysis, Thailand has one of the world’s highest adoption rates of […]... →

476 techcrunch.com

02:18 17.06.2022

In all-hands Twitter call, Elon Musk fields questions about free speech and bots

As Elon Musk addressed Twitter employees for the first time in an all-hands Q&A meeting, the Tesla and SpaceX CEO provided 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 humans” on Twitter. As we’re […]... →

1,109 techcrunch.com

01:56 17.06.2022

Indian esports fantasy startup FanClash raises $40 million

Millions of Indians each year assemble virtual sports teams, placing their hopes on the players they pick to perform exceedingly well in real-world matches. If the predictions are right, users make money. FanClash, a two-year-old Indian startup, is attempting to bring esports such as sleeper hit titles PUBG Mobile, COD and DOTA 2 to this […]... →

835 techcrunch.com

01:05 17.06.2022

Daily Crunch: SpaceX employees blast Musk’s tweets as a ‘source of distraction and embarrassment’

Hello, friends, and welcome to Daily Crunch, bringing you the most important startup, tech and venture capital news in a single package.... →

683 techcrunch.com

00:59 17.06.2022

Notarize signs off on 25% staff reduction, admits challenging fundraising environment

Notarize, a startup that offers remote online notarization services, has let go of 110 people – or 25% of its workforce. Doing the math, the seven-year-old, Boston-based company had about 440 employees before the staff reduction. When the COVID-19 pandemic first began, demand for Notarize’s services, dubbed RON for short, skyrocketed as people were confined […]... →

675 techcrunch.com

00:58 17.06.2022

Dogecoin investor sues Elon Musk, Tesla and SpaceX for $258 billion

The crypto selloff of the past several weeks has erased hundreds of billions of dollars in paper gains and is leaving plenty of had-been crypto millionaires looking for something else to hodl onto. A class action lawsuit was filed Thursday in federal court in Manhattan by an American Dogecoin investor who is accusing Elon Musk, […]... →

994 techcrunch.com

00:03 17.06.2022

Reddit is buying machine learning platform Spell

Reddit announced Thursday that it would buy Spell, a platform for running machine learning experiments, for an undisclosed amount. Spell was founded by former Facebook engineer Serkan Piantino in 2016 to provide a cloud computing solution to allow anyone to run resource-intensive ML experiments without the high end hardware that would normally be necessary. The […]... →

993 techcrunch.com

23:52 16.06.2022

Instagram chases TikTok with a new full-screen feed, changes to photos and navigation to come

Instagram announced today it will begin testing a new version of its full-screen feed, similar to TikTok’s, that aims to improve upon the way photos appear 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, where […]... →

973 techcrunch.com

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