📈 Bloody Cryptobath //
Bitcoin price started another decline and traded below the key $30,000 level. BTC even broke the $28,500 level to move further into a bearish zone. It is currently down 12% and is trading near $27,400. BTC is also down 32% in a week.
Most of the major altcoins are declining as well. ETH is down 21% to under $2,000, it trades for $1,900. XRP is down 28% and is trading at $0.365. SOL has fallen 35% in the last 24 hours and is now worth $42.540.
Many altcoins are down over 20%, including ADA, DOT, AVAX, SHIB, MATIC, CRO, LTC, NEAR, BCH, UNI, XLM, ALGO, VET and SAND. Meanwhile, LUNA is down by 97% and is trading near $0.40 and its stablecoin UST, which should always be worth $1, at some periods fell as low as 30 cents and has no recovered so far.
@kod_ae
Bitcoin price started another decline and traded below the key $30,000 level. BTC even broke the $28,500 level to move further into a bearish zone. It is currently down 12% and is trading near $27,400. BTC is also down 32% in a week.
Most of the major altcoins are declining as well. ETH is down 21% to under $2,000, it trades for $1,900. XRP is down 28% and is trading at $0.365. SOL has fallen 35% in the last 24 hours and is now worth $42.540.
Many altcoins are down over 20%, including ADA, DOT, AVAX, SHIB, MATIC, CRO, LTC, NEAR, BCH, UNI, XLM, ALGO, VET and SAND. Meanwhile, LUNA is down by 97% and is trading near $0.40 and its stablecoin UST, which should always be worth $1, at some periods fell as low as 30 cents and has no recovered so far.
@kod_ae
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🔬 Israeli Cultured Meat Startup Raises $250 mln //
Four months ago Israeli startup Redefine Meat, which produces 3D-printed animal-free meat substitutes, raised $135 mln. Now it is set to get another $250 mln from Bank of America. With this latest round, Redefine Meat will take its total funding over the past three rounds to $430 million.
The company uses plant-based ingredients and technology to produce texture, flavor, and eating experience of beef and other high-value meat products.
The cultured meat market size was valued at $133 mln in 2021, and is estimated to reach $500 mln by 2030.
@kod_ae
Four months ago Israeli startup Redefine Meat, which produces 3D-printed animal-free meat substitutes, raised $135 mln. Now it is set to get another $250 mln from Bank of America. With this latest round, Redefine Meat will take its total funding over the past three rounds to $430 million.
The company uses plant-based ingredients and technology to produce texture, flavor, and eating experience of beef and other high-value meat products.
The cultured meat market size was valued at $133 mln in 2021, and is estimated to reach $500 mln by 2030.
@kod_ae
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🏇 Is the Crypto Wild West Over? //
Next year global market regulators are likely to create a new body to co-ordinate cryptocurrency rules. Chair of the International Organization of Securities Commissions says a global group that may align crypto rules is clearly needed.
According to the official, the world now faces three C's: COVID, climate change and crypto.
@kod_ae
Next year global market regulators are likely to create a new body to co-ordinate cryptocurrency rules. Chair of the International Organization of Securities Commissions says a global group that may align crypto rules is clearly needed.
According to the official, the world now faces three C's: COVID, climate change and crypto.
@kod_ae
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📲 Instant Payments Boom in the Gulf //
Bahrain turns out to be the leader in introducing instant payments in the Gulf, with Saudi Arabia and the UAE lagging far behind.
@kod_ae
Bahrain turns out to be the leader in introducing instant payments in the Gulf, with Saudi Arabia and the UAE lagging far behind.
@kod_ae
Durov's Code
Instant Payments Set to Boom in the Gulf
According to a new report real-time payments are expected to boom in the UAE and Saudi Arabia, while Bahrain is already far ahead its Gulf neighbours.
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🔋 Extremely fast charging //
StoreDot, an Israeli developer of extreme fast-charging (XFC) battery technology for electric vehicles, has demonstrated technology that can charge an electric car battery in just 10 minutes.
StoreDot plans to create charging technology that will enable electric vehicles to travel 100 miles (160.93 km) in five minutes of charging by 2024, reducing that time to three minutes by 2028 and to two minutes by 2032.
The demonstration involved a 300×100 mm pouch cell that was charged within 10 minutes, exceeding the 0% to 80% capacity set for the demonstration. The cell maintained a charge rate capable of increasing range by 100 miles (160.93 km) for every five minutes of charging.
@kod_ae
StoreDot, an Israeli developer of extreme fast-charging (XFC) battery technology for electric vehicles, has demonstrated technology that can charge an electric car battery in just 10 minutes.
StoreDot plans to create charging technology that will enable electric vehicles to travel 100 miles (160.93 km) in five minutes of charging by 2024, reducing that time to three minutes by 2028 and to two minutes by 2032.
The demonstration involved a 300×100 mm pouch cell that was charged within 10 minutes, exceeding the 0% to 80% capacity set for the demonstration. The cell maintained a charge rate capable of increasing range by 100 miles (160.93 km) for every five minutes of charging.
@kod_ae
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🛰 Starlink for 32 Countries //
The company has released an interactive map of Starlink's satellite coverage, highlighting the regions where it already provides internet services.
@kod_ae
The company has released an interactive map of Starlink's satellite coverage, highlighting the regions where it already provides internet services.
@kod_ae
Durov's Code
SpaceX's Satellite Internet Service Starlink Is Now Available in 32 Countries
You can view an interactive coverage map on the company's website.
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UAE President Sheikh Khalifa bin Zayed dies aged 73 //
United Arab Emirates President Sheikh Khalifa bin Zayed Al Nahyan has passed away.
The ministry announced 40 days of mourning with flags at half-mast from Friday, with work suspended in the public and private sector for the first three days, starting Saturday.
@kod_ae
United Arab Emirates President Sheikh Khalifa bin Zayed Al Nahyan has passed away.
The ministry announced 40 days of mourning with flags at half-mast from Friday, with work suspended in the public and private sector for the first three days, starting Saturday.
@kod_ae
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📱 iPhones with USB-C Ports //
Apple is currently testing a prototype of a new iPhone that will have a USB Type-C port instead of the usual Lightning charging port for the company's devices, Bloomberg reports.
Apple is also working on an adapter that would allow future iPhone models equipped with a USB-C port to be used with accessories designed for the Lightning connector.
Apple does not plan to make the switch from Lightning to USB-C until 2023 at the earliest, with this year's iPhones continuing to offer a Lightning port.
@kod_ae
Apple is currently testing a prototype of a new iPhone that will have a USB Type-C port instead of the usual Lightning charging port for the company's devices, Bloomberg reports.
Apple is also working on an adapter that would allow future iPhone models equipped with a USB-C port to be used with accessories designed for the Lightning connector.
Apple does not plan to make the switch from Lightning to USB-C until 2023 at the earliest, with this year's iPhones continuing to offer a Lightning port.
@kod_ae
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🛫 Income from Travel //
Dubai-based travel technology company Alike.io intends to have income from the growing number of travel content creators who share their travel experiences on social media.
@kod_ae
Dubai-based travel technology company Alike.io intends to have income from the growing number of travel content creators who share their travel experiences on social media.
@kod_ae
Durov's Code
Kitmytrip Launches Travel Commerce Platform
The start-up is offering personal studios to content creators to make and publish their content while sharing revenue with the creators.
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💸 Start-Up Investments in MENA //
Saudi Arabia, the UAE and Egypt continue to lead in fundraising.
@kod_ae
Saudi Arabia, the UAE and Egypt continue to lead in fundraising.
@kod_ae
Durov's Code
Start-Ups in the Middle East and North Africa Raised $297 Million in April 2022
This is $2 million less than in March, but a 60% increase on the previous year.
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📞 e& Aims to Operate Globally //
Emirates Telecommunications Group Company PJSC purchased a 9.8% stake in Vodafone Group for $4.4 billion.
e&, formerly known as Etisalat Group, offered about 130 pence ($1.59) per share for the stake, up about 10% from Vodafone's closing price of 117.82 pence on Friday, according to Bloomberg calculations.
The company becomes one of Vodafone's largest shareholders, ahead of BlackRock Inc, Vanguard Group Inc. and HSBC Holdings Plc.
@kod_ae
Emirates Telecommunications Group Company PJSC purchased a 9.8% stake in Vodafone Group for $4.4 billion.
e&, formerly known as Etisalat Group, offered about 130 pence ($1.59) per share for the stake, up about 10% from Vodafone's closing price of 117.82 pence on Friday, according to Bloomberg calculations.
The company becomes one of Vodafone's largest shareholders, ahead of BlackRock Inc, Vanguard Group Inc. and HSBC Holdings Plc.
@kod_ae
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📄 Elon Musk is in Trouble with the Law Again //
Twitter has accused Elon Musk of breaching a non-disclosure agreement after the businessman revealed details about checking the number of bots on the platform.
Elon Musk's team intends to check a random sample of 100 followers to identify bots because that's what Twitter uses to calculate <5% fake/spam/duplicate.
@kod_ae
Twitter has accused Elon Musk of breaching a non-disclosure agreement after the businessman revealed details about checking the number of bots on the platform.
Elon Musk's team intends to check a random sample of 100 followers to identify bots because that's what Twitter uses to calculate <5% fake/spam/duplicate.
@kod_ae
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🚘 a 'Tank' from Tesla //
After modification, the total weight amounted to 6 tons. It took only one month to modify the electric car.
@kod_ae
After modification, the total weight amounted to 6 tons. It took only one month to modify the electric car.
@kod_ae
Durov's Code
German Bloggers Created Tracked Tesla
The enthusiasts named the project Tesla Model T (Tank).
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😱 Astonishingly Realistic Graphics //
Artist Ostap Gordon recreated a realistic winter town in Unreal Engine 5. We asked him how he managed to do that.
@kod_ae
Artist Ostap Gordon recreated a realistic winter town in Unreal Engine 5. We asked him how he managed to do that.
@kod_ae
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🍏 Universal Connectivity Standard //
Renowned Apple analyst Ming-Chi Kuo tweeted that AirPods, the MagSafe battery pack and the Magic Keyboard/Mouse/Trackpad trio will also move to USB-C in the "foreseeable future", as will the iPhone.
A switch of Apple devices to the USB-C port will be able to comply with regulatory requirements, as it is widely used in other technical devices.
Kuo also suggested that Apple will not yet release iPhones without ports due to the current limitations of wireless technology and the immaturity of its own MagSafe ecosystem of wireless accessories, which attach to iPhones using magnets.
@kod_ae
Renowned Apple analyst Ming-Chi Kuo tweeted that AirPods, the MagSafe battery pack and the Magic Keyboard/Mouse/Trackpad trio will also move to USB-C in the "foreseeable future", as will the iPhone.
A switch of Apple devices to the USB-C port will be able to comply with regulatory requirements, as it is widely used in other technical devices.
Kuo also suggested that Apple will not yet release iPhones without ports due to the current limitations of wireless technology and the immaturity of its own MagSafe ecosystem of wireless accessories, which attach to iPhones using magnets.
@kod_ae
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⚡️ Russia's Yandex Eyes Moving Headquarters to Israel //
Russian tech giant Yandex plans to move its headquarters to Tel Aviv. According to Israeli media Calcalistech, Arkady Volozh, one of Yandex co-founders, wrote letters to Israeli prime-minister asking for exceptional conditions for the employment of non-Israeli workers. In doing so, the company aims to evade sanctions and at the same time keep its core activity in Russia
In conversation with Durov's Code, Yandex official representative denied plans to move the company's headquarters to Israel.
@kod_ae
Russian tech giant Yandex plans to move its headquarters to Tel Aviv. According to Israeli media Calcalistech, Arkady Volozh, one of Yandex co-founders, wrote letters to Israeli prime-minister asking for exceptional conditions for the employment of non-Israeli workers. In doing so, the company aims to evade sanctions and at the same time keep its core activity in Russia
In conversation with Durov's Code, Yandex official representative denied plans to move the company's headquarters to Israel.
@kod_ae
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🛫 Will Yandex Move its HQ to Tel Aviv? //
According to Israeli media, one of Yandex co-founders Arkady Volozh, wrote letters to Israeli prime-minister and three other ministers in order to obtain exceptional employment conditions for Yandex non-Israeli workers.
@kod_ae
According to Israeli media, one of Yandex co-founders Arkady Volozh, wrote letters to Israeli prime-minister and three other ministers in order to obtain exceptional employment conditions for Yandex non-Israeli workers.
@kod_ae
Durov's Code
Yandex Eyes Moving HQ to Israel
In conversation with Durov’s Code, Yandex representative denied such plans.
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🤖 Elon Musk Comes under Fire for Using Private Aircraft //
Flight tracker bot Sweeney on Twitter, that Musk wanted to buy and shut down, helped track Musk's nine minute flight. He flew 65 km from San José to San Francisco.
Musk, that often talks about environment protection, came under fire from Twitter users who accused Musk of hypocrisy. On the other hand, traffic jams in San Francisco could make his way much longer.
@kod_ae
Flight tracker bot Sweeney on Twitter, that Musk wanted to buy and shut down, helped track Musk's nine minute flight. He flew 65 km from San José to San Francisco.
Musk, that often talks about environment protection, came under fire from Twitter users who accused Musk of hypocrisy. On the other hand, traffic jams in San Francisco could make his way much longer.
@kod_ae
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📱 Tap to Pay //
Apple is already testing the Tap to Pay feature at its Apple Park Visitor Centre in Cupertino, California
@kod_ae
Apple is already testing the Tap to Pay feature at its Apple Park Visitor Centre in Cupertino, California
@kod_ae
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