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LastPass source code stolen by hackers in security breach
An intruder breached the internal systems of the cloud-based password manager LastPass and stole internal documents as well as the source code for the service, the company revealed in a statement on Thursday. “Two weeks ago, we detected some unusual activity within portions of the LastPass development environment,” said Karim Toubba, chief executive of LastPass. ...
Alchemy acquires Ethereum education platform ChainShot
Alchemy Insights Inc., a Web3 development infrastructure startup that dubs itself the “AWS of blockchain,” announced Thursday that it’s buying the Ethereum education startup ChainShot in its first acquisition ever. Alchemy described the acquisition as a “major step towards free access to high-quality Web3 education” and said that the company intends to integrate ChainShot’s courses ...
Web3 app tool platform Thirdweb raises $24M at $160M valuation
Thirdweb, a platform that provides developers with tools to build Web3 apps, raised $24 million in fresh funding at a $160 million valuation led by Haun Ventures, which was founded by former Andreessen Horowitz partner Katie Haun. The Series A round, announced today, also included Coinbase Ventures, Shopify, Polygon, Protocol Labs, Shrug VC and billionaire ...
Crypto ATM Bitcoin Depot to go public with $885M SPAC deal
Major United States cryptocurrency ATM provider Bitcoin Depot said today that it plans to go public via a merger with the special-purpose acquisition company GSR II Meteora Acquisition Corp. The two companies reached a definitive agreement to merge in a deal valued at $885 million, an announcement revealed today. Upon closing the merger, expected by ...
Plex warns users to change passwords after security breach
The streaming media service Plex confirmed today that it suffered a security breach and sent an email to its customers asking them to change their passwords. In the email, Plex revealed that Tuesday it “discovered suspicious activity” happening on one of its databases and immediately began investigating. The company said that it discovered that a ...
Salesforce-native testing platform Provar unveils end-to-end management solution
Provar Ltd., the developer of test management for software Salesforce, today announced the release of Provar Manager, which will assist delivery teams by providing end-to-end testing automation and monitoring for teams. With Manager, Provar is extending its testing solutions throughout the entire development lifecycle to allow entire teams to organize, analyze and optimize the testing ...
Metaverse avatar platform Ready Player Me raises $56M led by a16z
Ready Player Me, a company that produces animated avatars for virtual worlds, today announced that it has raised $56 million in new funding. Andreessen Horowitz led the Series B round with participation from investors focused on virtual reality and gaming, including David Baszucki, co-founder of giant online gaming platform Roblox; Justin Kan, co-founder of game ...
Developer cloud provider DigitalOcean to acquire Cloudways for $350M
DigitalOcean Holdings Inc., the provider of cloud infrastructure for developers, today announced it agreed to acquire the cloud-based website hosting service CloudWays Ltd. for $350 million. The company operates a platform designed to simplify cloud computing so that developers can spend more time creating software instead of worrying about infrastructure. It’s aimed at startups and ...
Crypto lender Hodlnaut seeks court protection after $200M shortfall
Cryptocurrency lending firm Hodlnaut is the latest victim of “crypto winter” after it revealed that it’s seeking judicial management in order to rehabilitate the startup after it withheld withdrawals earlier this month. The company confirmed that it has been put in a bad position in an update posted on Friday. According to Hodlnaut, its current ...
Massdriver’s platform helps developers diagram the cloud and get on with coding
Software development company Massdriver Inc. is developing a platform that helps DevOps teams abstract away infrastructure so that it can be deployed without cloud expertise, thus allowing developers to get back to coding. Cory O’Daniel, chief executive of Massdriver, co-founded the company in 2021 alongside Chris Hill and Dave Williams in 2021. Their goal is ...