Tag: Platform

Blockchain Developer Platform Alchemy Releases AI-Powered Tools for Web3 Builders

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AI-Backed Crypto Data Platform Mnemonic Raises $6M in Salesforce-Led Round

“We initially started with the idea of just enabling developers, enterprises and businesses to build with comprehensive, real-time, high-quality data that is derived from the blockchain because it’s very difficult to index and process that data.” Andrii Yasinetsky, Mnemonic co-founder and CEO, said in an interview with CoinDesk. Yasinetsky, a veteran of Google and Uber who holds several patents related to self-driving vehicle technology, co-founded Mnemonic with Chief AI Officer Elena Ikonomovska (a former Reddit data scientist) and Ben Metcalfe, who is not involved in the startup’s day-to-day operations. Source

Crypto yield platform Haru suspends transfers after investigation

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On June 13, South Korean yield platform Haru Invest announced that it would be suspending deposits and withdrawals effective immediately. “First of all, the company sincerely apologizes that its latest announcement has caused concerns to our valued investors and customers,” Haru said, claiming that “certain information provided by a consignment operator was suspected to be false” during an “internal inspection process,” thus leading to the transfer halt. “After careful investigation, we concluded that immediate suspension of transactions was necessary to protect our investors. We are currently engaging in a fact-finding…

Generative AI Video Platform Synthesia Raises $90 Million at $1 Billion Valuation 

Through the latest funding, the firm aims to make video creation easy for everyone and has already served many businesses worldwide. Synthesia, a leading artificial intelligence (AI) company based in London, has successfully raised $90 million in a series C funding round, bringing its total valuation to $1 billion. The company’s groundbreaking AI technology, Synthesia, enables enterprise users, including HR professionals and marketers, to create high-quality video content in 15 minutes without needing traditional camera setups or professional studios. On June 13, Synthesia officially announced the completion of its latest…

Food Delivery Platform Grubhub Lays Off 15% of Its Corporate Workforce

Grubhub said that it would offer employees a severance package for 16 weeks but refused to comment on the specific positions removed. In a message to employees on Monday, June 12, food delivery platform Grubhub stated that it plans to lay off 400 employees i.e. 15% of its corporate workforce. The company cited the reason for maintaining “competitiveness” in the current macro environment. Also, in comparison to other market players such as Uber Eats and DoorDash, Grubhub has failed to capture the market share. The company said that it would…

21Shares Introduces ETP for Liquid Staking Platform Lido

Liquid staking enables users to maintain liquidity, despite locking their cryptocurrency to earn rewards for securing the blockchain network. Lido, the dominant liquid staking player, has more than $13 billion ETH staked, commanding a 76% market share of liquid staking derivatives on Ethereum, data from blockchain analytics firm Nansen show. Source