After calling off its plans to go public via a SPAC at a $10.4 billion valuation in 2022, trading platform eToro has secured $250 million in funding at a $3.5 billion valuation. Read more here.
Cryptocurrency: Five Key Pillars to the Path Forward
We haven’t yet seen the culmination of the valuable applications that capture the mass market’s attention and necessary steps towards creating a crypto future mass adoption. In this article, our own Mike Lazerow, managing director, shares his thoughts on the five key things the market needs to bring the promise of the crypto future into reality. Read the article here.
Finding the Path that Leads to Crypto Maturity
“The path forward requires closing the massive gap between the blockchain’s promise to improve people’s lives and today’s reality which falls well short.” Our own Mike Lazerow was published by @VentureBeat’s Data Decision Makers and shares his thoughts on moving past this crypto inflection point. Read more about Lazerow’s thoughts here.
Liquid Death Water Startup Valued at $700 Million
Sometimes water tastes better when it’s in a cool-looking can. At least that’s the thesis behind Liquid Death, a 3-year-old startup that is already valued at $700 million following its latest round of financing. The $70 million investment was led by Science Ventures, with participation from other investors including Live Nation Entertainment Inc., music group Swedish House Mafia and comedian Whitney Cummings. Read more here.
How to Prevent the Looming Travel Breakdown
In a new contributed article for Staffing Insider, KarmaCheck’s co-founder and CEO, Eric Ly, shares his perspective on how the travel industry can prevent the looming travel breakdown in a tight labor market. Read the article here.
Inside Superfly’s Web3-Powered Music Festival and How You Can Be a Part Of It
Having completed a $7 million investment round, 3,000 NFTs will be minted and distributed on July 15 to fans wanting to help plan the SUPERF3ST festival. Read more here.
How to Tweak Your NFT Strategy Amid Crypto Winter
The NFT party is not over; it’s just on ice. Here’s how to weather the elements. For NFT or crypto creators, the article outlines three ideas for building heat during the crypto winter. One idea is to “go beyond the NFT.” Velvet Sea Ventures, for example, is helping the art community SUPERF3ST to launch a music festival for the growing NFT and Crypto community during NFT.NYC this year. The goal …
How Entrepreneur and Investor Michael Lazerow is Building a Community First NFT Project
Our own, Michael Lazerow was a guest on My Social Life Podcast to discuss the importance of building strong crypto communities and what unique NFT ventures are on his horizon. NFTs are NOT the product; the product is community. View the podcast here.
Max Galka, CEO & Founder Elementus Podcast: The explosive rise in Russian ransomware attacks.
It’s no secret that the country that’s most responsible for ransomware attacks is Russia. The threat of ransomware attacks on U.S. businesses and critical infrastructure recently took an ominous turn when a prominent Russian ransomware group named Conti — threatened to attack any nation or organization retaliating against Moscow for its unprovoked invasion of Ukraine. Now, a groundbreaking new report titled Ransomware: A Technology Pandemic on the Brink, from New …
Cryptocurrency is finding its way into retirement funds.
“We are facing a technology pandemic on the brink,” according to a new report from blockchain analytics firm Elementus, which relates that ransomware gangs made over $1 billion in 2021, far higher than earlier estimates. Max Galka, Elementus’ CEO, said most ransomware attacks are now perpetrated by a few large groups based in Russia and other former Soviet republics, which Elementus warns are “becoming more agile, dangerous, and defiant every year.” …