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Crypto

Witness the Rise of Memecoins: Solana Leading the Way

Blockchain is back and Bitcoin is hot, the Ethereum blockchain seeing price gains, lots of folks are stoked about ETFs. But one less-mainstream blockchain is perhaps making the biggest waves in crypto lately: Solana. TechCrunch has reported on Solana’s massive, recent price appreciation, digging into its rapid ascent and the reasons why. The answer is not something new, but instead a return of something that we’ve seen in the past. Not that the Dogwifhat folks are worried — they’re probably too busy having a great time.

Max Chen
March 20, 2024

Crypto

“Memecoin Craze Drives Solana to Reach $160 – Its Peak Since January 2022”

The cryptocurrency passed $160 on Wednesday, marking its highest price since January 2022. So it’s not surprising that the growth and traction on its blockchain is also being transpired through to its token. Since mid-December, a number of Shiba Inu dog-themed tokens on the Solana blockchain like Bonk and dogwifhat have taken off. (Please note none of this is financial advice, but one of the reasons that could point to Solana’s price increase.) Memecoins in general have seen a huge rally as the crypto market continues to thaw from its most recent winter.

Zara Khan
March 13, 2024

Enterprise, Startups

“Revolutionary Dutch Company, Monumental, Deploys Cutting-Edge Robot Technology for Bricklaying”

The U.S. firm specializes in building structures out of large concrete masonry blocks. Amsterdam-based Monumental, meanwhile, specializes in the more familiar red clay variety. Monumental has already been doing limited pilots in its native Netherlands, including the 15-meter exterior of an office building. “At Monumental, we’re working to help the industry meet these challenges,” says co-founder and CEO Salar al Khafaji. Funding will go toward hiring, scaling manufacturing and diversifying the manner of bricks/blocks its robots are capable of handling.

Zara Khan
February 18, 2024

Enterprise, Startups, Transportation

“Discover the Exciting Launch of a Cutting-Edge EV Venture by Lordstown Motors’ Founder, Featuring Familiar and Powerful Trucks”

The ousted founder of bankrupt EV startup Lordstown Motors has launched a new company called LandX Motors, that prominently displays the same electric pickup truck he once promised would beat Tesla, Ford and General Motors to market. While LandX Motors doesn’t explicitly refer to the trucks as the Endurance, a video on the website shows EV trucks that have the Lordstown badge. A LandX Motors spokesperson responded to an email, but didn’t provide any further information and declined to answer questions. He founded Lordstown Motors in 2019 after leaving a different struggling EV startup, Workhorse. Of the 16 employees who list LandX Motors as their employer on LinkedIn, 13 of them used to work at Lordstown Motors.