Most lotteries are contained within a country or a state, and much of the time, people have to go to a physical location to buy a ticket. Patrick Lung founded Megapot in order to create a global lottery where people around the world can buy tickets from their phone. On Thursday, the startup announced that…
Exchanging U.S. dollars for Mexican pesos seems simple. But, at large enough scales and high enough speeds, transactions can get complicated, especially if businesses trade in the dollar-pegged digital tokens known as stablecoins. The Miami-headquartered startup XFX aims to make the foreign exchange process more efficient—for fiat and stablecoins—and has drummed up $17 million in…
Traders work on the floor at the New York Stock Exchange on the day of Circle Internet Group’s initial public offering on June 5, 2025. Brendan McDermid | Reuters Stablecoin issuer Circle is tumbling as the latest version of a bill known as the Clarity Act shows it could limit yield on stablecoin balances. The…
The crypto world feasts on gossip and last week it enjoyed an extra helping in the form of a Vanity Fair article. The piece, titled “Crypto’s True Believers Demand to Be Taken Seriously,” featured lavish photos of prominent industry figures swooning around New York’s Nine Orchard hotel in far-out outfits that cost more than your…
CHENGDU, CHINA – MARCH 18: Apple CEO Tim Cook attends a special event marking Apple’s 50th anniversary at the Apple Taikoo Li Chengdu store on March 18, 2026 in Chengdu, Sichuan Province of China. VCG | Getty Images Tim Cook touched down in Chengdu, China, this week for an Apple Store event tied to the…
Omar Marques | Lightrocket | Getty Images Cryptocurrency trading platform Crypto.com announced Thursday that it is laying off 12% of its staff as the company integrates artificial intelligence. “We are joining the list of companies integrating enterprise-wide AI. Companies that do not make this pivot immediately will fail,” CEO Kris Marszalek posted on X. “As…
Crypto brokers charge lower fees than banks or Western Union. But speed matters even more than cost. In Nigeria’s economy, prices can shift overnight. A delayed payment might mean your supplier raises prices or your goods arrive after competitors have restocked. Crypto eliminates that risk. These brokers didn’t emerge from fintech accelerators or venture capital. Many…
People walk near a sign outside of Google headquarters in Mountain View, California. Justin Sullivan | Getty Images News | Getty Images A day after Anthropic sued the Trump administration for designating the artificial intelligence company a supply chain risk, Google is deepening its relationship with the Defense Department and expanding the role of its…