Blockchain unicorn Fireblocks acquires Australian tokenization startup BlockFold

Blockchain unicorn Fireblocks acquires Australian tokenization startup BlockFold. The Israeli company is estimated to have paid $10 million for the smart contract development and consulting firm which specializes in advanced tokenization projects for financial institutions.

Crypto fund Collider wins $1 million grant for discovering critical security breach. The research arm of the Israeli venture capital fund, which focuses on investments in digital assets, claimed the award for finding a critical security breach in crypto exchange GMX.

Pharma giant Merck expands collaboration with Quris-AI. This follows the successful initial collaboration, a preclinical study to assess Quris-AI’s ability to predict drug toxicity in comparison to traditional in vitro and in vivo approaches.

Loud & clear: Tuned aiming to transform hearing aid world. Harnessing the power of AI, the Israeli startup is slashing the long process of hearing aid fittings and adjustments from months to mere minutes - and at a fraction of the cost. “This is a fundamental change for an industry that has hardly changed at all in the last 50 years,” Tuned CEO Omri Gavish told CTech. “Compared to the old model, we’re reducing the cost of hearing aids by up to 80%”.

Founder-investor dynamics: From the founder's perspective, visibility is key. In part 1 of her ‘founder-investor dynamics’ series, Noa Matz explains why founders seek investors not only for the much-needed financial infusion but also for their valuable insights, connections, and wealth of experience.