Startup

Dubious AI Platform CBEX Exposed as Ponzi Scheme, Millions Lost

Dubious AI Platform CBEX Exposed as Ponzi Scheme, Millions Lost

The China Beijing Equity Exchange (CBEX) pretended to be an AI-powered crypto asset trading platform. Now, it’s been unmasked as a Ponzi scheme that defrauded investors of millions of dollars. The widespread fraudulent enterprise specifically targeted and affected people in Nigeria and Kenya. That should have been a warning sign...

Blockchain Memory Infrastructure Firm Optimum Secures $11 Million in Seed Funding

Blockchain Memory Infrastructure Firm Optimum Secures $11 Million in Seed Funding

Optimum, one of the exciting new startups we’re profiling, has just closed $11 million in seed funding! This company is focused on developing an open, distributed, high-performance memory infrastructure designed for blockchain networks. 1kx is leading the financing, which will accelerate Optimum’s capacity to innovate and deliver its powerful solutions...

Elixir AI Emerges on Solana, Transforming 2D into 3D

Elixir AI Emerges on Solana, Transforming 2D into 3D

Elixir is the first ever marketplace for decentralized applications on Solana. It democratizes this technology by allowing users to generate incredibly complex 3D models from simple 2D images or text prompts. Fueled by the $ELXAI token, the Elixir ecosystem provides a cutting-edge creative playground. Here, you can quickly turn your...

Windsurf CEO Plans to Regularly Disrupt AI Coding Tools

Windsurf CEO Plans to Regularly Disrupt AI Coding Tools

Silicon Valley-based AI startup Windsurf, formerly known as Codeium before a rebrand last month, is looking to change the way developers code, for good. Founded in 2021, the New York company develops AI tools that allow developers to code with natural language prompts. We’re excited that Windsurf is riding on...

Istanbul Blockchain Week 2025 to Host Dealflow Den for Web3 Investment Opportunities

Istanbul Blockchain Week 2025 to Host Dealflow Den for Web3 Investment Opportunities

Istanbul Blockchain Week returns for its second in-person edition! Don’t miss your chance to connect with fellow blockchain enthusiasts, industry experts, and thought leaders at this leading annual gathering. It is being hosted by IBW and EAK Ventures. It will take place on June 26-27, 2025 at the Hilton Istanbul...

Startup Mechanize Aims to Automate the Entire Economy

Startup Mechanize Aims to Automate the Entire Economy

Mechanize, a brand new startup that made its debut last week with the equally ambitious goal of automating the entire economy. From its tech-backed launch, documented in an enthusiastic TechCrunch article, the company has generated as much excitement as it has outrage. According to founder Tamay Besiroglu, AI is key...

SpacePay Revolutionizes Crypto Payments with Innovative Web3 Card Machines

SpacePay Revolutionizes Crypto Payments with Innovative Web3 Card Machines

With groundbreaking Web3 card machines, SpacePay is set to revolutionize the future of cryptocurrency payments. The platform’s technology will provide local businesses with quick and easy acceptance of cryptocurrency payments. The system is compatible with all existing Android payment terminals. It’s replete with the advantages it brings to merchants and...

Further Reading

Crypto's $150M Funding: AI & Infrastructure Lead the Charge

Why $150M Crypto Funding Signals a New Era for Asian Startups

Crypto's $150M Secret: Is DeFi's Revival Finally Here?

Crypto Startups Defy Market Trends, Secure Millions in Funding

TON's Open Platform Hits Unicorn Status: What It Means for Web3

The Open Platform Secures $28.5 Million to Broaden Web3 Integration on Telegram

TON's Billion-Dollar Valuation A Bubble? 3 Data Points You Must Know

BlockDAG: The Web3 Crypto Set to Dominate 2025?