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Magic Eden raises $130M, hitting unicorn status at $1.6B valuation Jun 21, 2022

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NFT marketplace Magic Eden, launched just nine months ago, has raised $130 million in a Series B round co-led by Electric Capital and Greylock Partners, bringing its valuation to $1.6 billion.

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Iran to cut electricity to authorized crypto miners: report Jun 21, 2022

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Iran’s relationship with the crypto mining sector is a love-hate one. The government is again restricting crypto mining activity as it tries to ease the strain on the country’s power supply, despite knowing the promise of crypto as a way to evade international sanctions.

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Ransomware ring claims attack on Africa’s largest retail chain Shoprite Jun 20, 2022

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RansomHouse, a ransomware gang, has claimed responsibility for the cyberattack on Shoprite, Africa’s largest retailer.

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Brex, which started out serving startups, now says it is ‘less suited to meet the needs of smaller customers’ Jun 20, 2022

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Three months after announcing it would make a big push into software and enterprise, fintech giant Brex is apparently abandoning the very segment it started out to serve – small and medium-to-sized businesses.

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Immutable launches $500M fund to boost web3 gaming adoption Jun 17, 2022

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The crypto gaming industry is continuing to grow in popularity as more capital is deployed in the space and traditional Web 2.0 gaming studios look to enter the web3 market.

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Reddit is buying machine learning platform Spell Jun 17, 2022

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Reddit announced Thursday that it would buy Spell, a platform for running machine learning experiments, for an undisclosed amount.

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Google Maps has a new Android widget to show live traffic around you Jun 16, 2022

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Google Maps is introducing a new widget for Android that will be another use for the functionality that helped make a name for Waze, the other driving and mapping app that Google acquired nearly a decade ago.

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GreyNoise to expand its threat intel collection after securing $15M in funding Jun 16, 2022

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GreyNoise Intelligence, a Washington D.C.-based cybersecurity startup that analyses internet scanning traffic to help organizations separate threats from internet “background noise,” has landed $15 million in Series A funding to expand its threat collection capabilities and help protect organizations from emerging vulnerabilities.

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Amazon revamps Fire TV user interface with new home screen, improved navigation and more Jun 15, 2022

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Amazon Fire TV revealed an updated user interface that aims to improve the navigation experience for users.

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Lime is trailing shared electric motorbikes Jun 15, 2022

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Shared micromobility giant Lime is piloting electric motorbikes in Long Beach, California.

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