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Monad Labs, the team supporting the Monad blockchain, has raised $19 million in seed funding led by Dragonfly Capital, it exclusively told TechCrunch. “Monad is an effort to fundamentally optimize smart contract platforms,” Keone Hon, co-founder and CEO of Monad Labs, said to TechCrunch. “We’re ultimately building a platform to optimize both consensus and execution […]

Monad Labs raises $19M to grow its smart contract platform and improve the Ethereum space by Jacquelyn Melinek originally published on TechCrunch

Microsoft has confirmed that it’s finally killing off Yammer, the enterprise social network it procured more than a decade ago for $1.2 billion. Yammer was initially created out of San Francisco back in 2008, with cofounder David Sacks formally launching the startup at a TechCrunch startup event. The company went on to raise north of […]

Microsoft ditches Yammer brand and goes all-in on Viva Engage by Paul Sawers originally published on TechCrunch

In true Valentine’s Day fashion, we’re diving into the theme of love…and crypto? According to a new study by Binance, the world’s largest blockchain by trading volume, crypto could have a positive impact on one’s attractiveness. Yes, really. Approximately 83% of participants said liking crypto was an “attractive feature in a relationship,” while 70% said […]

Crypto makes you more attractive, according to a new Binance survey by Jacquelyn Melinek originally published on TechCrunch

It’s always nice to have a lot of capital to invest, but managing a large new fund can be even more advantageous right now given that many later-stage companies that put off fundraising last year will likely be in the market come hell or high water in 2023. No doubt traditional venture firms like NEA, […]

Bain Capital has closed its second Tech Opportunities fund with $2.4 billion by Connie Loizos originally published on TechCrunch

Aspire, the Singapore-based neobank that wants to become the financial operating system for SMEs, has raised an oversubscribed $100 million Series C round. Investors included Lightspeed and Sequoia Capital SEA, along with Paypal, Tencent, LGT Capital Partners and returning investors.  TechCrunch last covered Aspire when it raised its Series B in 2021. Founded in 2018 […]

Singapore-based neobank Aspire raises $100M from Lightspeed and Sequoia SEA by Catherine Shu originally published on TechCrunch

Twitter ruffled a lot of feathers earlier this month when it announced its plans to cut the free access to its API. The company initially set a February 9 deadline to enforce the rule but later delayed it to February 13. Now, the social network has delayed the shutdown of free API again — and this […]

Twitter delays launch of its new API platform again by Ivan Mehta originally published on TechCrunch

Indian insurance platform InsuranceDekho has raised $150 million in a Series A funding round as the more than a decade old firm eyes merger and acquisition opportunities at a time when the market slump has engulfed most startups in the South Asian market. Goldman Sachs Asset Management and TVS Capital Fund led the Series A […]

India’s InsuranceDekho raises $150 million despite market slump by Manish Singh originally published on TechCrunch

Subaru has issued another recall for its battery electric Solterra crossover over concerns that hub bolts on the wheels may loosen and cause it to detach. Subaru said the issue affects 1,182 model year 2023 Subaru Solterra vehicles. The 2023 Subaru Solterra EV and 2023 Toyota bZ4x — the products of a partnership between Toyota […]

Subaru recalls Solterra for its nagging wheels-fall-off problem by Kirsten Korosec originally published on TechCrunch