A new study by Chainplay and Strorible reveals that nearly 45% of venture capital (VC)-backed crypto projects have shut down, and 77% fail to generate $1,000 in monthly revenue.
Top-Tier VC Firms Not Spared
Nearly half (45%) of venture capital (VC)-backed crypto projects have ceased operations, while 77% fail to generate $1,000 in monthly revenue, a new Chainplay and Strorible study has…
Toyota’s small crossover just got a huge upgrade. The new Aygo X is the first full hybrid in its segment, and according to Toyota, it’s the cleanest of any non-plug-in car on the market. It’s also getting the GR Sport treatment for the first time. Here’s our first…
In your daily reminder that China is living in the year 3000 while most Americans still think EVs and hybrids are new technology nearly thirty years after the launch of GM’s EV1 and the original Toyota Prius, leading global plugin car brand BYD has announced fresh plans to…
The electric motorcycle market is a small and highly interconnected one, with a limited amount of suppliers and an even smaller number of actual honest-to-goodness motorcycle manufacturers. Like many rumors, the story does have some truth to it. There is an interesting-looking cafe racer-styled E-VO bike that was just announced, and its logo does partially include a red Honda badge, but that’s…
OpenAI’s Sora is now available for FREE to all users through Microsoft Bing Video Creator on mobile
June 3, 2025
OpenAI‘s Sora was one of the most hyped releases of the AI era, launching in December 2024, nearly 10 months after it was first previewed to awe-struck reactions due to its — at the time, at least — unprecedented level of realism, camera dynamism, and prompt adherence…
Google quietly launches AI Edge Gallery, letting Android phones run AI without the cloud
June 3, 2025
Google has quietly released an experimental Android application that enables users to run sophisticated artificial intelligence models directly on their smartphones without requiring an internet connection, marking a significant step in the company’s push toward edge…
Enterprise alert: PostgreSQL just became the database you can’t ignore for AI applications
June 3, 2025
The open-source PostgreSQL (sometimes also referred to as Postgres) is apparently a very hot commodity for big enterprise data platform vendors.
Snowflake is acquiring privately-held PostgreSQL provider Crunchy Data, in a deal that is reportedly valued at $250 million. The acquisition comes barely two weeks after Snowflake’s rival Databricks acquired serverless PostgreSQL vendor Neon. The pair…
PRESS RELEASE.
Geneva, Switzerland, June 3, 2025 — TRON DAO, the community-governed DAO dedicated to accelerating the decentralization of the internet through blockchain technology and decentralized applications (dApps), participated in Bitcoin 2025, which took place May…
Singapore is mandating crypto service providers operating locally but serving overseas customers to get licensed or exit by June, with no grace period or phased rollout.
Singapore Gives Crypto Firms Until June 2025 to Comply, Without Grace Period or Tiered Rollout
The…
Insurance companies are considering the launch of kidnap and ransom policies aimed at wealthy cryptocurrency holders, driven by increasing concerns over kidnappings of crypto entrepreneurs.
K&R Insurance for Crypto Holders
U.S. insurance companies are reportedly contemplating launching products specifically for wealthy cryptocurrency holders. The insurers hope these products, known as…
