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Nigerian blockchain payments startup Bitmama closes $2M pre-seed as it scales to new markets

TechCrunch

Despite African governments’ inconsistent stance on cryptocurrencies, these countries house most of the continent’s crypto and blockchain startups. Chief executive officer Ruth Iselema founded the Africa-focused blockchain payments startup in 2019. Adam Umar is the company’s CTO, while Akinbola Asalu is the COO.

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BetterData taps the blockchain to help create better synthetic data

TechCrunch

User data is tokenized and stored on a blockchain which is only accessible with a user’s private encryption keys. The startup’s co-founders, CEO Uzair Javaid and CTO Kevin Yee, have backgrounds in AI data generation and blockchain security. Image Credits: BetterData. ” Image Credits: TechCrunch. .

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Alchemy raises $80M at a $505M valuation to be the ‘AWS for blockchain’

TechCrunch

Blockchain developer platform Alchemy announced today it has raised $80 million in a Series B round of funding led by Coatue and Addition, Lee Fixel’s new fund. TechCrunch talked with Alchemy co-founders Nikil Viswanathan (CEO) and Joe Lau (CTO) about the raise and their passion for the startup’s mission was clear. While in Web 2.0,

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Crypto asset management platform Cobo bags $40M Series B

TechCrunch

With interest in the crypto revolution soaring across Asia, it’s high time to expand blockchain infrastructures to meet the rising demand, especially as we’re seeing growing enthusiasm among institutions,” said the company CEO and co-founder Discus Fish, also known as Shixing Mao. Binance Labs leads $1.6M

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What a quarter century of digital transformation at PayPal looks like

CIO

Initially, the company emerged from x.com and Confinity as a crypto company, developing P2P payments and using PalmPilot’s Beam technology. Over time, we became an email-based payment solution, so just by having an email address, you could receive money,” says Sri Shivananda, PayPal EVP and CTO.

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The 4 most overhyped technologies in IT

CIO

“The anticipation and fear of the impact of generative AI in particular, and its relationship to artificial general intelligence (AGI), makes it overhyped,” says Daryl Cromer, vice president and CTO for the PCs and smart devices division at Lenovo. Emerging Technology Others have made similar observations.

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Inside Nasdaq’s AI-fueled pivot to SaaS provider

CIO

Brad Peterson, the company’s CIO and CTO, has been implementing AI for more than a decade and is all in on the promised innovation afforded by generative AI. “We In June, Nasdaq also acquired Adenza, a risk management innovator that enables financial customers to report to regulatory agencies. Not just the technology group.”