Daily Crunch: Binance admits hackers raised at least $100M . used a cross-chain bridge to steal

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Friday

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How’s that for brevity in a newsletter introduction? Let’s get to it so that we can open a Liquid Death and close the week in the hazy distance of memory sooner rather than later. , Christine And he came

TechCrunch Top 3 Uh-Oh: Binance, one of the world’s largest cryptocurrency exchanges, has confirmed that it has found a blockchain bridge breach where hackers made $100 million. Carly has more. Evolving elephants into unicorns: Annie Reports that Kenya’s tourism-focused startup studio Purple Elephant Ventures has raised $1 million pre-seed funding to bring some modernization to the industry. Until you see the picture: Amazon’s Scout wants you to just go over it and pat it. Unfortunately, you may not get the chance. Three years after unveiling the robot, the delivery giant said it was cutting the program, Brian Report. Startups and VCs

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Forest fires have become an ever-increasing threat as houses are built closer together and the increasing effects of climate change are wreaking havoc on the natural landscape. In response, entrepreneurs have begun to develop techniques to reduce the scale and damage of these natural disasters. Convective Capital is a new VC firm that wants to support them, and it has raised $35 million to do so, Becca Report.

he came Really bored of startups taking liberties with the size of their market, complaining that if you’re a car dealership, your total serviceable market isn’t the value of the cars you sell (it’s the car manufacturer’s). for SOM). Your SOM is the total value of sales commissions, service plans, aftermarket goods and services and everything else on which you can actually make money.

And we have five more for you:

7 Investors Discuss How AgTech Can Solve Agriculture’s Biggest Problems

Image credit: Creative Drones (opens in a new window) / Getty Images

Of all global industries, perhaps none is more vulnerable to the dangers of climate change than agriculture.

There is a general consensus among eminent scientists that the amount of CO2 we are putting into the atmosphere is exacerbating extreme weather events. How is this affecting the way agtech VC works during the recession?

To learn more, we surveyed:

Brett Brohl, managing director at Techstars Farm to Fork and Monica Varman, managing partner at Bread & Butter Ventures, Jinesh Shah, partner at G2 Venture Partners, managing partner at Omnivore Adam Anders, Ting Ting Liu, managing partner at Antera Capital, investor and Ashutosh Sharma, Proceeds Camilla Petignat, India Head of Ventures, Partner at The Yield Labo

Three more from the TC+ team:

TechCrunch+ is our membership program that helps founders and startup teams stand ahead of the pack. You can sign up here. Use code “DC” for 15% off annual membership!

Big Tech Inc.

Google plans to open its first data center in Japan by 2023. Ivan writes. The center is part of a $730 million infrastructure fund and will be the search engine giant’s third in the region.

During this, Kelly And AMANDA saw artificial intelligence-powered music generators and its place in an industry where it generally pays to be able to use your natural, human abilities.

And another five more for you:

Sharing Is Caring: A new Twitter feature encourages users to share a tweet versus taking a screenshot of it and then posting it to other social media, Ivan writes. Press break: A judge ruled that the Musk v. Twitter trial could be temporarily halted while the two sides work on a deal, AMANDA Report. This is Mariou: AMANDA gives you an inside look at the new “The Super Mario Bros. Movie,” where she writes, “So far, Chris Pratt’s Mario sounds more like Andy Dwyer than Star-Lord, and we love him for that. ” Making changes: Shopify has agreed to add some consumer protection features to its app in Europe, including a faster and easier way for national consumer authorities to report issues, Natasha Lee Report. Crack Open a Cold: Pepsi is at the forefront of the line to get some of the first Tesla Semi deliveries, Kirsten writes.





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