With maiden $42M fund, Bonfire Union wants to invest in web3 like Tencent does in web2 – TechCrunch

Drones

Mask Network, a Binance-backed startup that enables users to send cryptocurrencies and encrypted messages on established internet platforms like Twitter, has an ambitious goal: to become the corporate venture capital powerhouse in web3 as Tencent has done in web2. To that end, the five-year-old company recently completed the first close of its venture investment arm…

Actility, Motorola Solutions to enable LoRaWAN IoT deployments

IoT Building News

Necessary cookies help make a website usable by enabling basic functions like page navigation and access to secure areas of the website. The website cannot function properly without these cookies. Name Domain Purpose Expiry Type YSC youtube.com YouTube session cookie. Session HTTP wpl_user_preference enterpriseiotinsights.com WP GDPR Cookie Consent Preferences 1 year HTTP PHPSESSID enterpriseiotinsights.com PHP…

Autochek acquires CoinAfrique to grow its footprint in Francophone Africa – TechCrunch

Cyber Attacks

Automotive e-commerce company Autochek has expanded to new markets in Africa after acquiring CoinAfrique, a classified ad marketplace, nearly two months after the Nigerian startup acquired Moroccan auto marketplace KIFAL Auto, marking its foray into North Africa. Autochek said it will tap CoinAfrique’s regional customer base in Francophone Africa to accelerate its car financing services.…

Hive Ransomware Upgrades to Rust for More Sophisticated Encryption Method

Web Security News

The operators of the Hive ransomware-as-a-service (RaaS) scheme have overhauled their file-encrypting software to fully migrate to Rust and adopt a more sophisticated encryption method. “With its latest variant carrying several major upgrades, Hive also proves it’s one of the fastest evolving ransomware families, exemplifying the continuously changing ransomware ecosystem,” Microsoft Threat Intelligence Center (MSTIC)…