Sun.May 29, 2022

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Why web3 companies get hacked so often, according to crypto VC Grace Isford

TechCrunch

On the Chain Reaction podcast this week, Lux Capital’s newest investor, Grace Isford, joined us to talk about the opaque but crucial world of web3 infrastructure. At Lux, Isford invests in the companies working behind the scenes to make sure crypto exchanges are secure and reliable enough to avoid being hacked. Before joining Lux this February, Isford was an investor at Canvas Ventures focused on enterprise software and fintech.

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Classic WTF: Color Me Stupid

The Daily WTF

It's a holiday in the US today, so we're flipping back through the archives to remember a classic WTF. These colors don't run, because they'll trip over their own shoelaces. Original. -- Remy. Andy's company develops solutions for "Industrial" handheld devices. To make deployment and updates easier, they each run a thin client so only the server is different from project to project.

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Berlin-based B2B BNPL platform Mondu raises $43M Series A led by Valar in the US

TechCrunch

Given the likely global recession, small businesses are reaching for new kinds of financing. Thus, the buy now, pay later business model is now expanding into this B2B world at a rate of knots. Playter has raised backing to do this, as has Hokodo, Billie and Tranch, to name a few other players. But in Germany, B2B Payments company Mondu has emerged as a significant entrant to the market.

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New Megaport Virtual Edge Packages for Better Edge Networking

Megaport

Back in April 2021, Megaport Virtual Edge (MVE) launched with the purpose of modernizing customer branch-to-cloud connectivity to improve network reliability, reduce provisioning time to minutes, and optimize connectivity costs. Originally launched on a pay-as-you-go (PAYG) model, MVE’s original offering was simple, with the option to provision small, medium, or large connections.

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Streamlining Database Compliance with CI/CD Integration

IT leaders know the importance of compliance at every level, but the database often gets left behind as other environments are automated for robust protection. This whitepaper emphasizes the importance of robust, auditable, and secure database change management practices for safeguarding organizational compliance. Learn how automating database compliance: Mitigates risk Protects against security vulnerabilities Helps avoid regulatory penalties Aligns database workflows with app lifecycle Turns d

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Should Oracle or Alphabet buy VMWare instead of Broadcom?

TechCrunch

As expected, the Broadcom-VMware deal is a go. The chip giant intends to snap up the virtualization software company for $61 billion in cash and stock, along with taking on $8 billion in VMware debt. It’s not an inexpensive transaction, but thanks to a “go-shop” provision that gives VMware 40 days to “solicit, receive, evaluate and potentially enter negotiations with parties that offer alternative proposals,” there’s market speculation that another bidder could enter the

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Indonesia’s Astro raises $60M to work on 15-minute grocery delivery

TechCrunch

Indonesia’s sprawling archipelago has long been a headache for logistics companies, but there’s no lack of brave challengers. Jarkata-based Astro, which provides 15-minute grocery delivery, has recently closed a $60 million Series B financing round, lifting its total funding to $90 million since the business launched just nine months ago.

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Finix goes head-to-head with Stripe

TechCrunch

Welcome to The Interchange, a take on this week’s fintech news and trends. To get this in your inbox, subscribe here. We’ve all been keeping up with the recent drama of Stripe vs. Plaid. Rather than rehash all that here, I’ll point you to some of our recent articles on the topic and just summarize: The two fintech startups have recently grown (much) more competitive.

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