Baidu Secures Permit to Become First Fully Driverless Taxi Service Provider in Beijing 

With the Beijing development, Baidu can now operate a driverless taxi service in three Chinese cities, including Wuhan and Chongqing. Chinese tech giant Baidu has secured the right to offer the first fully driverless taxi service in China’s capital, Beijing. On Friday, the Beijing-based company made the announcement, which also included part of its logistical … Read more

Ethereum Layer-2 Solution Scroll Secures $50 Million in Fresh Funding

Even in its pre-alpha stage, the Ethereum Layer 2 platform Scroll has reached one million unique addresses as well as 16 million transactions. On Monday, March 6, the Ethereum Layer-2 network Scroll which uses zk-roll-ups technology raised more than $50 million in its latest funding round. some of the top venture capital giants participated in … Read more

Venture Capital Firm 8VC Secures $880M with Mission to ‘Fix a Broken World’

8VC has been investing in diverse businesses and companies from sectors such as life sciences, logistics, IT infrastructure, financial services, government and defense, consumer, and enterprise. 8VC, the Austin-based venture capital firm led by Palantir founder Joe Lonsdale, has raised a staggering $880 million in its fifth funding round. This news comes despite greater macro … Read more

Crypto Gateway Platform Alchemy Pay Secures License in Indonesia

Singapore-based Alchemy Pay is quite popular for offering on and off-ramps, crypto payments, as well as NFT checkout to Web3 platforms.  In a recent development, the crypto gateway platform Alchemy Pay announced securing a license from the central bank of Indonesia in cooperation with local fintech firm Berkah Digital Pembayaran. As a result, Alchemy Pay … Read more

Chaos Labs Secures $20 Million Funding Led by PayPal and Galaxy Digital

Chaos Labs said that it will use these funds to boost the security of the DeFi protocols through its services like capital efficiency and risk optimization, streamlined risk assessments, spend optimizations, and much more.  Despite these tumultuous times in the market, crypto firms continue to secure fresh funding. On Tuesday, February 21, Chaos Labs announced … Read more