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Economic desperation drives 500,000 Argentinians to Sam Altman's Worldcoin crypto project

TechSpot

Skyrocketing inflation and high unemployment have sent half a million people in Argentina to Worldcoin's Palantír-like Orbs. The company says the iris-scanning technology can establish an individual's identity, at which point a digital World ID is created that can be used pseudonymously in a wide variety of everyday applications.

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VU raises $12M to remove cybersecurity friction from digital experiences

TechCrunch

The Argentina-based fraud and identity protection company announced $12 million in Series B funding Monday from backers including software developer, Globant, as well as Agrega Partners, NXTP Ventures, Bridge One, the IDB Lab and Telefónica. Globant provides software development to the likes of Google, Disney and Apple.

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A total solar eclipse will pass over parts of Chile and Argentina on Monday

Digital Trends

2020's only total solar eclipse will occur this Monday, plunging parts of Chile and Argentina into darkness for a couple of minutes in the middle of the day.

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Argentina’s Digital House raises over $50M to help solve LatAm’s tech talent shortage

TechCrunch

Digital House , a Buenos Aires-based edtech focused on developing tech talent through immersive remote courses, announced today it has raised more than $50 million in new funding. Riverwood Capital, a Menlo Park-based private equity firm, and existing backer early-stage Argentina-based venture firm Kaszek also participated in the financing.

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Kodland, which teaches kids digital skills, grabs $9M to scale its online coding school

TechCrunch

London-based Kodland , which started out back in 2018 offering in-person courses for children to learn digital skills like computer programming before switching focus to online learning from early 2020, has closed a $9 million Series A funding round to scale into more markets. Ireland, the U.S.,

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Pomelo raises $9M to build a payments infrastructure for LatAm fintechs

TechCrunch

The COVID-19 pandemic has accelerated the adoption of digital payments all over the world, and Latin America is no exception. He is also a third-time founder with two exits (one to TripAdvisor) and former CEO of Naranja X, Argentina’s largest neobank, with millions of customers. Next, the caliber of Pomelo’s investors.

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5 investors explain why Latin America is poised to weather the crypto winter

TechCrunch

Indeed, Argentina is a good example of a country where alternatives to fiat currency are looking more attractive, as buying U.S. But after Argentina’s economy minister abruptly resigned earlier this month, the informal “blue dollar” exchange rate reached a record 273 Argentine pesos for 1 dollar.

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