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Bitwise Investments raises $4M to launch its crypto index fund
Dec 12, 12:00PM
Last month San Francisco-based Bitwise Investments announced a passively managed index fund comprised of the top 10 cryptocurrencies by market capitalization. The fund rebalances once a month, and all assets are held in cold storage. Essentially its an easy way for investors to gain some passive exposure to cryptocurrency without having to worry about which ones to choose and how to buy and… Read MoreWhatsApp business accounts will either be verified, confirmed or unconfirmed
Dec 12, 10:43AM
Another tidbit around how WhatsApp’s incoming business accounts will function: According to a FAQ for users of the messaging platform — on “Chatting with businesses” — they will either have one of three status types: unconfirmed, confirmed or verified. Read MoreApple's App Store now lets you pre-order iOS apps and games before they launch
Dec 12, 9:53AM
Apple has quietly allowed developers to make their apps available for pre-order. It’s a basic feature — as Android fanatics will point out — but nevertheless one that has been missing from the App Store. Upcoming apps will now be allowed to list in the App Store as far out as 90 days ahead of their launch and as close two days before. This applies to new apps not updates… Read MoreGermany's Penta is a new digital bank account for startups and SMEs
Dec 12, 9:00AM
Germany’s Penta is the latest European startup to throw its banking wares into the ring. The burgeoning company is launching a new digital bank account targeting SMEs. Read MoreGoogle: Southeast Asia's internet economy is growing faster than expected
Dec 12, 8:18AM
Southeast Asia is now the world’s third largest region for internet users — with more people online than the entire U.S. population — and internet is having a bigger impact on the region than originally thought, according to a new report co-authored by Google. China and India typically dominate the conversation when looking at emerging economies in Asia, but Southeast Asia… Read MoreWith Norrsken House, ex-Klarna executive envisions a global network of co-working spaces focused on impact
Dec 12, 8:15AM
In 2016, Niklas Adalberth stepped away from day-to-day operations at the financial services startup Klarna, the billion-dollar company he helped create, to begin working on a new kind of impact investment fund. For Adalberth, the years at Klarna wondering and worrying about credit ratings, credit offerings, and payments had lost their luster, and the young multi-millionaire was looking for… Read MoreDevialet built a car audio system for Renault's Symbioz concept car
Dec 12, 8:01AM
High-end speaker maker Devialet is branching out of home speakers. The company announced a partnership with Renault for its first ever car audio system. You can’t buy a Renault car with Devialet speakers just yet, but there’s a Renault concept car with those speakers. Devialet has always said that it wasn’t just a speaker manufacturer. The French startup has worked on its… Read MoreWatch SpaceX launch a reflown ship on a reflown rocket live here
Dec 12, 8:01AM
UPDATE: This launch has been moved and is now targeting the backup window of Wednesday, December 13 at 8:24 AM PST (11:24 AM EST). The live stream will be available 15 minutes prior to that time above. SpaceX is launching a space station resupply mission later this morning, with an instantaneous launch window opening at 8:46 AM PST (11:46 AM EST) from its LC-40 launch site at Florida’s… Read MoreAfrica's SureRemit joins the tokenized race to win the global remittance market
Dec 12, 7:30AM
Nigerian based SureRemit has launched a crypto token aimed at money sent home by global immigrants. The startup — which is incorporated in Mauritius — offered pre-sales of its remittance focused tokens this week, before a January 2018 ICO. SureRemit will use blockchain partner Stellar’s platform. The company is connecting its crypto product — which is not redeemable… Read MoreIndia's Vahdam Teas raises $1.4M to bring fresher tea to your door faster
Dec 12, 6:49AM
Vahdam Teas, an e-commerce that’s focused on selling the freshest brews on the planet, has closed a Series A funding round worth $1.4 million to grow its business. The funding was led by new backers Fireside Venture, Mumbai Angels, Singapore Angel Network and undisclosed existing investors. The two-year-old company previously raised a $500,000 seed round from angels in January of this… Read MoreOne month after denying it will exit China, AWS opens its second region there
Dec 12, 5:56AM
Amazon Web Services has opened its second region in China with a local partner, Ningxia Western Cloud Data Technology. The launch comes just one month after Amazon denied reports that AWS is leaving China, but said the company sold “certain physical infrastructure assets” to Internet services company Beijing Sinnet, which operates its first region in the country, in order to… Read MoreMyEtherWallet plans official iOS app after knockoff version is booted from App Store
Dec 12, 4:46AM
The organization behind MyEtherWallet is planning to release an official version of its popular cryptocurrency wallet for iOS after Apple removed a knockoff that had been in the App Store for around a week. The unofficial version of the open source software, which is used to hold ETH and other alt coins outside of bitcoin, got as high as number three in the financial section of the App… Read MoreCrunch Report | Apple Confirms Shazam Acquisition
Dec 12, 4:20AM
Apple confirms its Shazam acquisition, MyEtherWallet knockoff goes live on the App Store and is now removed and the NFL is partnering with Verizon and is now streaming football games to everyone. All this on Crunch Report. Read More
Soylent co-founder Rob Rhinehart steps down as CEO
Dec 12, 3:11AM
After an eventful (and sometimes challenging) year for Soylent, co-founder Rob Rhinehart announced today that he will resign as the meal replacement shake company’s chief executive officer. That position will be taken over by Bryan Crowley, the president of Soylent’s parent company Rosa Foods. Read MoreNextdoor raised about $75 million to connect neighbors
Dec 12, 2:01AM
Nextdoor, the neighborhood social networking site raised about $75 million in a funding round, The Information reported, estimating that the valuation is $1.5 billion. The round was confirmed by TechCrunch. This adds to the over $200 million that the San Francisco-based company has raised, dating back to 2010. Its last reported round was in early 2015 at a $1.1 valuation. The report says that… Read MoreA venture firm focused on real estate, Navitas Capital, just raised $60 million
Dec 12, 12:30AM
Real estate heavyweights clearly don’t want to be left in the dust by tech startups that see opportunities to do things more efficiently, more transparently and more affordably than has previously been possible in the long clubby, expensive and opaque world of real estate. Just one indicator is their sudden interest in venture capital. Read MoreApple GymKit is coming to a treadmill near you
Dec 12, 12:18AM
It’s been half a decade since Apple transitioned to the lighting connector, and still I regularly see the long-retired iPod 30-pin cable flopping off treadmill dashboards at gyms all around the country. It’s impossible to say how any of this will look five years from now, but at the very least, Apple’s new GymKit offering is certainly more refined than most of what’s… Read MoreBabierge might just be the answer to your baby gear travel nightmares
Dec 11, 11:15PM
Traveling with a baby for the holidays? First you’ve got your own gear to worry about, then a stroller, something for the baby to sleep in, a baby carrier, toys, snacks, a diaper bag, possibly a car seat and whatever else the plane might allow you to shove into the overhead compartment or check at the gate. Then you’ve got to soothe and entertain the little one. the struggle. is. real. Read MoreWith markets going crypto-crazy, SEC chairman weighs in
Dec 11, 11:13PM
Given the crazy run cryptocurrencies like bitcoin, ether and litecoin have been on in the last week, it was only a matter of time before the Securities and Exchange Commission weighed in. Well, now it has in the form of an open letter from SEC Chairman Jay Clayton. Read MoreIron Mountain acquires IO Data Centers' US operations for $1.3 billion
Dec 11, 10:29PM
Iron Mountain announced today that it’s acquiring the U.S. data center assets of IO Data Centers for a cool $1.3 billion — and the price tag could potentially go higher. With today’s purchase, Iron Mountain gets some serious assets, including four state-of-the-art data centers in Phoenix and Scottsdale, Arizona; Edison, New Jersey; and Columbus, Ohio. Read MoreIf at any time you'd like to stop receiving these messages, just send an email to feeds_feedburner_com_techcrunch+unsubscribe-hmdtechnology=gmail.com@mail.feed2email.net.
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