The value of digital currency Bitcoin plunged 21% to $619 from $783 after Tokyo, Japan-based exchange paused its trading because of an increase in withdrawal requests.
Sectors
Economists say the Fed likely to continue with taper despite lackluster job growth- report
According to economists, the poor jobs report will most likely not prevent the Federal Reserve from proceeding with the trimming of its monthly bond purchases, Bloomberg reported.
Pittsburgh-based app NoWait lets customers join restaurant wait lists via mobile
Pittsburgh, US-based firm NoWait released a consumer app that lets customers remotely add themselves to the wait lists of restaurants using their phone and cut waiting time significantly.
Women-led startup Direct Local Food makes local food more accessible
Direct Local Food, a farming industry-focused startup led by two women, aims to champion local food by linking farmers with restaurants and grocers, VentureBeat reported.
Shutterstock makes 4K video available
Shutterstock has now rolled out its support for 4K video, the format that is rapidly becoming a standard in the industry, with over 10,000 ultra high-res videos in its catalog, TechCrunch reported.
Latest News
Security researcher Jamie Sanches has discovered and exposed a weakness within California-US-based photo messaging app Snapchat that could allow hackers to freeze and crash a user's phone.
Noida, India-based optimization software startup IntelloCut secured $200,000 (INR1.3 crore) in funding from a group of investors led by Blume Ventures and Google India's Ranjan Anandan.
France-based cloud storage service HubiC now has an updated product offering that consists of a 25GB free storage, 100GB for $1.35 (€1) every month, and 10TB for a $13.50 (€10) monthly fee.
New Bitcoin startup investor Ben Horowitz of US-based venture capital firm Andreessen Horowitz and Bitcoin skeptic Felix Salmon made a bet against each other on the status of the digital currency as a payment mechanism by 2109.
London, UK-based startup Togethera closed $250,000 in a seed funding round led by European and American angel investors to roll out its private family photo sharing app on Android.
San Francisco, US-based online real-time restaurant reservation service OpenTable launched a private beta of its dining payments service for 11 restaurants in San Francisco, with new restaurants to be added soon.
Moscow, Russia-based investment fund Flint Capital and government-backed early-stage fund FRII poured an undisclosed amount into St Petersburg-based photo manipulation detecting startup SMTDO Tech LTD.
Facebook is scrambling to fix a mobile security glitch discovered this week by MyPermissions chief Olivier Amar which involves the inability to remove apps that were previously downloaded.
Barcelona, Spain-based startup Voz.io raised $150,000 in a seed funding round from Kima Ventures for the development of its browser-based call center business and user acquisition strategies.
