Naveed Ahmad

SoundCloud acquires decentralized music platform Nina Protocol months after its shutdown

SoundCloud announced Wednesday that it has acquired Nina Protocol, a decentralized music platform that enabled independent artists to sell music directly to fans while keeping 100% of their revenue. The financial terms of the deal weren’t disclosed. It’s also unclear whether any members of Nina’s team will join SoundCloud. The company has not yet responded…

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US Federal Officials Barred Until 2029 from Issuing or Sponsoring Tokens under CLARITY’s Proposed Ethics Rules

Senate Republicans have released the proposed text for the Digital Asset Market Clarity (CLARITY) Act, including language on ethics that would bar all US federal officials — including President Donald Trump — from issuing or sponsoring any digital asset. In the 616-page text of the CLARITY Act made public on Wednesday, US lawmakers included language…

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Pak boxing team ready for Commonwealth Games

A five-member Pakistan boxing team has arrived in Glasgow to take part in the Commonwealth Games, which are scheduled to begin on Thursday, July 23. The squad, accompanied by officials and Pakistan Olympic Association Secretary General Haji Khalid Mahmood Chaudhry, will represent the country in five different weight categories during the prestigious multi-sport event, according…

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Travis Kalanick’s robotics company raises $1.7B, led by a16z

Travis Kalanick’s robotics company, Atoms, has raised $1.7 billion in a funding round led by Andreessen Horowitz. Ben Horowitz will join the company’s board following the investment. Bain Capital, Fifth Wall, and others participated in the round. Perhaps most notably, Uber also joined the funding round, re-connecting Kalanick with the company he founded — and…

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Midnight Token Falls After $13M Wanchain Bridge Exploit

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Midnight Token Falls After $13M Wanchain Bridge Exploit Midnight’s NIGHT token fell sharply after a Wanchain bridge exploit drained 515 million NIGHT tokens worth approximately $13.2 million, according to validated on-chain and project materials. The incident was tied to a signature reuse…

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