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Archivo del Autor: Belen De Leon

One of crypto’s longest-running exchanges has been sold

One of the longest-standing crypto exchanges has new owners after Europe-based Bitstamp was sold to South Korea’s Nexon, marking the gaming firm’s second such acquisition.

The acquirer is NXMH, a Belgium-based PE and investment firm owned by NXC — the parent of Nexon — and it will take a majority 80 percent stake in the business for an unknown fee. The New York Times’ Nathaniel Popper suggested earlier this year that Bitstamp was in the process of being sold “to South Korean investors” for $400 million, but NXC declined to comment on the price when asked by TechCrunch.

NXC acquired 65 percent of Korea-based exchange Korbit one year ago for 91.3 billion KRW, or approximately $79.5 million at the time.

Bitstamp was founded in 2011 by Slovenian entrepreneur Nejc Kodrič with an initial €1,000 and it survived the heady early days of crypto, unlike a certain peer named Mt. Gox. Today, Bitstamp is ranked inside the world’s top 30 exchanges based on trading volume with more than 100 staff. Bitcoin and XRP are among its most traded tokens, according to data from Coinmarketcap.com.

The company has a license to do business across the EU but it also works with customers worldwide.

Bitstamp has been profitable since its early life, but Kodrič revealed the sale is down to the potential to work with NXC, which he sees as a like-minded partner.

Bitstamp has been regularly approached by suitors for quite some time. The reason why we finally decided to sell the company is a combination of the quality of the buyer, the quality of the offer and the fact that the industry is at a point where consolidation makes sense. A major factor in agreeing to the sale is that the mission, leadership and vision of the company remains the same.

We believe this acquisition is the logical next step in Bitstamp’s growth as a company and I look forward to the future with this team.

The Bitstamp CEO said business will continue as normal — he’ll retain his position as CEO and keep 10 percent of the company.

Interestingly, he told Fortune that regulatory compliance meant the deal took some ten months to close after first being agreed in December 2017 when crypto market valuations hit a peak — with Bitcoin, in particular, getting close to a record $20,000 valuation.

Bitstamp raised around $14 million in capital from investors along its journey, with U.S-based Pantera capital one of its major backers.

Note: The author owns a small amount of cryptocurrency. Enough to gain an understanding, not enough to change a life.


Source: TechCrunch

iOS 12.1 with Group FaceTime, new emoji, dual-SIM hits iPhones Tuesday – CNET

The update also brings dual SIM support to the iPhone XS, iPhone XS Max and iPhone XR.
Source: CNET

For Halloween, Google scares up its first multiplayer Doodle game – CNET

Invite seven friends or family members to play Great Ghoul Duel or join random strangers from around the world.
Source: CNET

How to watch the live stream for Apple’s iPad and Mac keynote

Apple is holding a keynote today at the Brooklyn Academy of Music’s Howard Gilman Opera House, and the company is expected to unveil a brand new iPad Pro as well as updated Mac computers. The event starts at 10 AM in New York (7 AM in San Francisco, 2 PM in London, 3 PM in Paris), you’ll be able to watch the event as the company is streaming it live.

If you live in Europe and already put a note in your calendar, make sure you got the time right as daylight saving time has yet to happen in the U.S. New York is currently 4 hours behind London, 5 hours behind Paris, etc.

Apple is likely to unveil a new iPad Pro to replace the 10.5-inch and 12.9-inch iPad Pro. Rumor has it that it’ll look nothing like your current iPad. The device should get rounded corners, thinner bezels and a Face ID sensor. Apple could also switch to USB-C instead of Lightning and refresh the Apple Pencil.

On the Mac front, the MacBook Air could get a refresh. This could be Apple’s new entry-level laptop. But it should sport a retina display for the first time. There could also be a new Mac Mini of some sort after all those years without an update.

Finally, maybe Apple will tell us why the AirPower charging mat is still not available. Apple might also update the AirPods. But maybe it’ll happen later.

If you have a recent Apple TV, you can download the Apple Events app in the App Store. It lets you stream today’s event and rewatch old events. Users with pre-App Store Apple TVs can simply turn on their devices. Apple is pushing out the “Apple Events” channel so that you can watch the event.

And if you don’t have an Apple TV, the company also lets you live-stream the event from the Apple Events section on its website. This video feed now works in all major browsers — Safari, Google Chrome, Mozilla Firefox and Microsoft Edge.

So to recap, here’s how you can watch today’s Apple event:

  • On iOS: Safari.
  • On the Mac: Safari, Google Chrome or Mozilla Firefox.
  • On Windows: Google Chrome, Mozilla Firefox or Microsoft Edge.
  • An Apple TV with the Apple Events app in the App Store.

Of course, you also can read TechCrunch’s live blog if you’re stuck at work and really need our entertaining commentary track to help you get through your day. We have a big team in the room this year.


Source: TechCrunch

An Attack on Titan movie, by the director of It, is in the works – CNET

The wildly popular Japanese anime is getting a Hollywood adaptation, and a high profile director at the helm.
Source: CNET

Ian Small, former head of TokBox, takes over as Evernote CEO from Chris O’Neill

Former TokBox head Ian Small is replacing Chris O’Neill as CEO of Evernote, the note-taking and productivity app company said this morning. In a blog post, Small said that the leadership change was announced to employees this morning by Evernote’s board. “We are all hugely appreciative of the energy and dedication Chris has shown over the last three years, and in particular for putting Evernote on solid financial footing so we can continue to build for the future,” he wrote.

Small added, “When Stepan Pachikov founded Evernote, he had a vision for how technology could augment memory and how an app could change the way we relate to information at home and at work. Evernote has been more successful at making progress towards Stepan’s dreams than he could have imagined, but Stepan and I both think that there is more to explore and more to invent.”

O”Neill had been Evernote’s CEO since 2015, when he took over the position from co-founder Phil Libin. Small previously served as CEO of TokBox, which operates the OpenTok video calling platform, from 2009 to 2014, and then as its chairman from 2014 to July of this year.

O’Neill’s departure as CEO is the latest significant leadership shift for Evernote, which has withstood several key executive departures over the last few months. In early September, we reported that the company had lost several senior executives, including CTO Anirban Kundu, CFO Vincent Toolan, CPO Erik Wrobel, and head of HR Michelle Wagner, as it sought funding in a potential down-round from the unicorn valuation it hit in 2012. According to TechCrunch’s sources, Evernote had struggled to grow its base of paid users and active users, as well as enterprise clients, for the last six years.

Then a few weeks later, Evernote announced that had to lay off 54 people, or about 15 percent of its workforce. O’Neill wrote a blog post about the company’s future growth strategy, including streamlining specific functions like sales so it could focus on product development and engineering.


Source: TechCrunch

NASA is still holding out hope for the Mars Opportunity rover – CNET

This is like the end of WALL-E. Wake up little fella! Wake up!
Source: CNET

IBM’s Call to Code Prize Goes to a Team With ‘Clusterducks’

The Winning IBM Call to Code Team Wants to Provide Internet After Hurricanes
Source: Wired

Lime hires its first chief business officer amid push into car-sharing

After four months “on the beach,” per his LinkedIn profile, Uber’s former global head of business and corporate development has a new gig. Lime has hired David Richter (pictured) as its first-ever chief business officer and interim chief financial officer.

Based in San Francisco, Richter will be overseeing the bike- and e-scooter-sharing startup’s business operations. Richter spent more than four years at Uber leading the ride-hailing giant’s global business development, corporate development, experiential marketing, autonomous vehicle alliances and brand relevance teams. He left in May after expressing frustrations with a series of departures in his group, according to The Information.

“As Lime continues to grow, David will bring in unparalleled expertise, particularly in the realm of business development and corporate partnerships, as well as in managing our overall business strategy and deal flow,” Lime co-founder and chief executive officer Toby Sun said in a statement. “His leadership experience, coupled with his keen understanding of the fast-moving shared mobility industry will be a huge advantage to our company as we continue to expand our global footprint.”

Lime is said to be completing the fundraising circuit right now, asking investors for a valuation north of $3 billion. The company, which entered the unicorn club in June, has raised a total of $467 million to date from GV, Andreessen Horowitz, IVP, Section 32, GGV Capital and more.

The company is using the buckets of capital to expand beyond bikes and scooters. Last Monday, rumors emerged that it was planning a brick-and-mortar push. The company confirmed that it would indeed build scooter “lifestyle stores” in major U.S. and international markets, starting with Santa Monica, Calif.

The next day on stage at the JD Power Automotive Roundtable, Lime announced its official foray into car-sharing. The company has since applied for a car-sharing permit in Seattle and plans to rent out small electric vehicles, which it’s calling “transit pods,” by the end of the year.

According to Axios, Lime plans to spend $50 million on the pods, which will cost $1 for consumers to start, plus an additional 40 cents per minute.

“You can expect electric vehicles to be an additional micro-mobility option for Lime riders to choose from within the Lime app soon,” a spokesperson for Lime said in a statement provided to TechCrunch. “More details on timing, specs of the vehicle, locations for the first rollout, etc. will be announced in the coming weeks.”

Lime launched in 2017 and has since recorded 11.5 million scooter and bike rides.


Source: TechCrunch

Volkswagen and Mobileye are starting Israel's first autonomous ride-hailing service – Roadshow

The joint venture will get underway in early 2019 with help from Champion Motors, an Israeli car importer.
Source: CNET

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