In a late-stage funding round, digital car insurance firm Clearcover has raised $200 million, Reuters reported. The round was headed up by Eldridge, the investment firm notable for being run by Los Angeles Dodgers owner Todd Boehly, according to Reuters. Clearcover, founded in 2016 and based in Chicago, plans to use the funds to hire … Read more
The fatal shooting of a 20-year-old Black man named Daunte Wright by a White police officer outside Minneapolis has prompted protests and clashes with law enforcement.
Open interest in Bitcoin futures has surged to new record highs ahead of Coinbase’s April 14 direct listing on the Nasdaq. Crypto market data aggregator Glassode states that Bitcoin open interest has exceeded $27 billion for the first time as Bitcoin pushed into new record highs above $63,000. The milestone suggests traders may be speculating … Read more
SEC Commissioner Hester Peirce compares banning bitcoin to shutting down the internet, stating that governments would be foolish to try. She also offers some insights into whether the SEC will approve a bitcoin exchange-traded fund (ETF) this year. Governments Would Be Foolish to Try to Ban Bitcoin U.S. Securities and Exchange Commission (SEC) Commissioner Hester … Read more
Every industry has its lingo, and that’s certainly true of electronic bill payment. That can pose a challenge if you are in the market for a new bill pay technology platform that will better suit your changing business needs and provide a higher level of customer service. You need to have enough understanding of bill … Read more
Business automation software provider Kofax launched the newest iteration of its artificial intelligence (AI)-fueled Kofax AP Agility software, which has features to “digitally transform” accounts payable (AP) workflows, according to a Tuesday (April 13) announcement. The release of Kofax AP Agility comes with functionalities like pre-constructed enterprise resource planning (ERP) software connectors. A new connection … Read more
Bulls are taking the reins of the price action in the bitcoin across the board, making a solid breakout above the $60,000 threshold, reaching new all-time highs, and it seems The Simpsons “did it again.” In a new episode broadcasted on Sunday, BTC is highlighted in a ticker news feed with the infinite sign. Gamestop … Read more
The price of Ether continues to push higher, and many analysts are calling for $3,000 as a short-term target. All of this “success” takes place in the face of Ether (ETH) being in a bottleneck regarding high fees, network congestion and a tense situation with miners. With decentralized finance (DeFi) applications taking center stage and … Read more
United States aerospace and defense contractor Lockheed Martin has signed an agreement with SyncFab, a Silicon Valley distributed manufacturing platform, to streamline supplier capabilities across Switzerland, offering yet another tangible use case for blockchain technology. Under the new agreement, SyncFab will provide Lockheed Martin with direct access to its parts procurement and supply chain platform, … Read more
The price of Dogecoin (DOGE) experienced a strong 36% rally on April 13 and established a new all-time high at $0.0961. While the exact reason for the rally is unknown, the crypto market’s most popular meme coin now finds itself on the shortlist of cryptocurrencies being considered as a payment option in today’s post-pandemic business … Read more