Category: Crypto

Following Donald Trump’s election victory, thousands of bettors anticipate a potential $450 million payout from online betting sites, says Reuters. As Trump’s odds surged on so-called prediction markets near the end of the race, platforms like Kalshi and Polymarket gained attention for diverging sharply from traditional polls, which suggested a much closer race.  Talking with…

Australian Prime Minister Anthony Albanese on Wednesday announced plans in the country to ban social media for children under 16, saying that “social media is doing harm to our kids, and I’m calling time on it.” The proposed legislation will enter parliament this year, taking effect a year after lawmakers ratify it, said Albanese, adding…

The co-founders of Swedish caller identification app Truecaller are stepping back from day-to-day operations, marking the end of an era for one of Sweden’s most successful consumer technology companies as it pushes toward a goal of 1 billion users. Alan Mamedi and Nami Zarringhalam, pictured above, who co-founded Truecaller in 2009, will hand over control…

Renting in Latin America is restrictive. Most landlords require three months of rent as a deposit and a guarantor that owns property in the same city to co-sign the lease. Santiago Morales, the co-founder and CEO of proptech MoradaUno, said this dynamic makes 40% of prospective renters ineligible. His company wants to get more tenants…

The startup ecosystem in the Iberian Peninsula — the region encompassing Spain and Portugal — has been on a roll the last couple of years. The value of Spanish startups surpassed €100 billion in 2023, according to Dealroom data, with venture investment of €2.2 billion across some 850 rounds. Meanwhile, Portugal has produced a slew of…

It seems Lyft is hoping to catch up to Uber’s string of autonomous vehicle partnerships. Lyft announced Wednesday three separate partnerships — with startup May Mobility, automated driving company Mobileye, and smart dashcam firm Nexar — all aimed at establishing a foothold in the emerging autonomous vehicle market. In the announcement, the ride-hailing company said…

“For You” algorithms that promote the most interesting content across a social network, personalized to the individual user, offered a disjointed, outdated, and nearly unusable experience on election night in the U.S. as they highlighted hours-old posts that no longer reflected the current state of the race. Frustrations were particularly high on Threads, Meta’s X…

While Trump’s administration is unlikely to be supportive of certain climate tech startups, it will have a harder time ending the broadly popular law. © 2024 TechCrunch. All rights reserved. For personal use only. ​ President-elect Donald Trump spent plenty of time on the campaign trail railing against key portions of the Inflation Reduction Act,…

By now, there’s hardly a coder in the world who isn’t using an AI copilot in some way. But using GitHub Copilot or Cursor.AI to ask technical questions and get debugging help could be just the beginning. AI coding may one day involve agents that can write the programs themselves based on a natural language…

A grueling election cycle has come to a close. Donald Trump will be the 47th president of the U.S., and, with Republicans in control of the Senate — and possibly the House — his allies are poised to bring sea change to the highest levels of government. The effects will be acutely felt in the…