Topic

Innovations

A collection of 142 issues

Unmanned cars will bring in up to $400bn

Companies in China are using assisted-driving technology as a way to compete in the electric car market, CNBC reports. At the Shanghai Motor Show, which kicked off last week, electric car startups and Chinese technology companies made several announcements about their driver assistance technologies. It remains to be seen how

Berachain has raised $42m investment

The Berachain project has received $42m in funding, with a valuation of $420.69m, in a Series A funding round led by Polychain Capital. Other investors included Shima Capital, GoldenTree Asset Management, Tribe Capital, Hack VC, Robot Ventures, dao5 and two angel investors, Zaki Manian, Mustafa Al-Bassam.

Nasdaq to launch cryptocurrency storage service

The US stock exchange Nasdaq has announced that it will soon launch a cryptocurrency storage service. The company plans to do so by the end of the second quarter of this year. The company began developing the service back in September last year. It will offer BTC i ETH storage

DeFiance Capital raised an "eight-figure sum" of investment

Venture capital firm DeFiance Capital has raised an "eight-figure sum" of investment. That's what The Block reports. According to sources familiar with the matter, the company held the first closing of its $100 million "liquid token fund." This was facilitated by a "good

U.S. transferred bitcoins confiscated from Silk Road hacker

The U.S. government transferred about 50,000 BTC (over $1 billion) seized from the Silk Road hacker to the Coinbase cryptocurrency exchange and unknown wallets. It was reported by PeckShield. Recall that Silk Road was one of the most successful "black" platforms at the beginning of bitcoin&

Meta will release a new version of the Horizon Worlds meta-universe

Zuckerberg's company is preparing an updated version of its Horizon Worlds meta-universe, the Wall Street Journal reports. The updated meta-universe will be aimed at teens between the ages of 13 and 18. The developers are now working on the design of the virtual world. To interact with the

Hong Kong to introduce licensing for steblecoins

Hong Kong plans to introduce licences for stabilecoin issuers this year. The local regulator, The Hong Kong Monetary Authority (HKMA), made the announcement. Companies that want to operate in the market will have to file paperwork for their services. The HKMA will take control of all phases of the stablcoin

Moody's to create a scoring system for Stablecoin

Ratings agency Moody's is developing a scoring system for "stable coins". It will be based on an assessment of the quality of collateral reports. The initiative is at an early stage of creation. Analysts intend to calculate scores for 20 Stablecoins. Assigning a rating in the

Rosstat measured income inequality in the country - RBC

At the end of the second quarter of 2022, the wealthiest 10% of Russians accounted for 30% of the population's monetary income. Only 2% of total income was in the hands of the poorest 10%. The average income of the richest Russians reached 132.92 thousand rubles. This

Premium headphones in Russia may run out by the end of the quarter - Kommersant

Sennheiser, Marshall, and Sony left Russia after the start of the SWOs. Other companies have not publicly announced the suspension of supplies, but they still stopped shipping products. Marketplaces hope for parallel imports. However, the imported products often turn out to be counterfeit. And import substitution products are not yet