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Bitfinex Raises USD 1 billion, CTO Claims


Major cryptocurrency exchange Bitfinex "is able to raise" 1 billion tethers (c. USD 1 billion) "in 10 days, in a private sale," Paolo Ardoino, Chief Technical Officer of the exchange, confirmed, later adding that the investments "were made." "Private companies, giants in our industry and outside...

Markets Update: Crypto Bulls Outpace Stocks and Gold


Cryptocurrency markets have been doing extremely well over the last 48 hours, making a lot of prior skeptics think the bearish crypto winter may have ended. Since our last markets update three days ago, the entire cryptoconomy has gained close to $33 billion in value and trading sessions over...

Ford Motor To Invest $11 Billion In EV


Ford which was among the leading automakers in the world has of late faced many challenges due to which it had to make the biggest transformation since its inception about a century ago. The focus of the company right now has shifted from passenger vehicles to electric vehicles and self-driving...

Uber Sets $82 billion As Floating Price of the Company


Uber, the ride-hailing company has valued its initial public offering at the New York Stock Exchange at $82.4 billion which is the lower end of the target range. The company is hoping to not make the same mistake as its competitor Lyft which had priced its shares at $72 for a share, but its price...

7 things you should know when getting started with Serverless APIs


I want you to take a second and think about Twitter, and think about it in terms of scale. Twitter has 326 million users. Collectively, we create ~6,000 tweets every second. Every minute, that’s 360,000 tweets created. That sums up to nearly 200 billion tweets a year. Now, what if the creators...

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