Stablecoins could wreak havoc on the financial system

Cryptocurrencies have had an exceptional year, reaching a combined value of more thanUS$3 trillion (£2.2 trillion)for the first time in November. The market seems to have benefited from the public having time on their hands during pandemic lockdowns. Also, large investment funds and banks have stepped in, not least with the recent launch of the first bitcoin-backedETF– a listed fund that makes it easier for more investors to get exposure to this asset class....

6 min · 1175 words · James Martin

Stack Overflow acquired by Prosus for a whopping $1.8B

Stack Overflow, the online developer community forum, has struck a deal with Naspers’ international internet assets division Prosus. According to a report fromthe Wall Street Journal, Prosus is buying the company for a whopping $1.8 billion. The investment firm is known for its $200 billion holdings in the Chinese tech giant Tencent. This acquisition is one of the biggest in Prosus’ portfolio. [Read:This dude drove an EV from the Netherlands to New Zealand — here are his 3 top road trip tips]...

2 min · 325 words · John Harris

StackSocial’s Mac Essentials Bundle has a lot to offer

Bundled software packages are becoming more and more popular these days, with theMacHeistandMacUpdate Promobundles garnering huge interest from Mac enthusiasts on a regular basis. The latest entry into the fray isStackSocial, offering 11 apps from across the software spectrum for Mac users. Known as its Mac Essentials Bundle, StackSocial has partnered up with several developers, including ones such as Ambrosia Software and Mariner Software that would normally cost over $300 if bought separately....

3 min · 443 words · Randy Gonzalez

Standard Chartered jumps into crypto trading after HSBC darts away

Standard Chartered is hopping on the crypto trading bandwagon. The British banking giant today announced that its innovation unit, SC Ventures, will launch a digital asset brokerage and exchange platform for institutional clients in Europe. StanChart is establishing the venture alongside BC Technology Group, the parent company of Hong Kong-licensed digital-asset platform OSL. The partnership will be based in the UK and offertrading in Bitcoin, Ethereum, and other digital assets....

2 min · 338 words · Alyssa Neal

Stanford to create Startup Dorms to encourage entrepreneurship on campus [Video]

In a move that will see Stanford increase its position as one of the most innovative institutions in the world, the university’s new Chair of Entrepreneurship Dan Thompson says that it is to create ‘Entrepreneurship Dorms’. The move is part of a number of innovations to streamline students’ path to entrepreneurship when they start to study at the university and will be an umbrella destination that encompasses all of Stanford’s various entrepreneurial departments which include SSE labs – the student run acceleratorwe covered a few months back....

1 min · 184 words · Latoya Reese
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