Connect with us

Tech

James Webb Telescope Discovers Vital Life Ingredient On Jupiter’s Icy Moon Europa

Published

on


For a while, scientists have been curious about the planets and moons in our solar system. But now, thanks to NASA’s James Webb Telescope they’re finding out some hidden secrets. This super-strong space telescope is making headlines again because it found carbon dioxide on Europa, a moon of Jupiter. Europa is one of the few places in our solar system where life might be possible.

Scientists had already found out that under Europa’s icy surface, there’s a salty ocean with water and rocks at the bottom. But they weren’t sure if this ocean had the right stuff for life, like carbon.

Credit: NIRI CAM (JWST)

Now, this fresh study suggests that the carbon dioxide probably came from Europa’s own underground ocean, not from things like meteors or stuff from outside. What’s more, it got there not too long ago in terms of Europa’s history. This finding is a big deal because it tells us that Europa’s ocean might be a good place for life to live.

Credit: NASA

SEE ALSO: European Telescope Spots NASA’s Osiris Spacecraft Bringing Back 1st Ever Asteroid Sample

“Life on Earth thrives on a wide variety of chemicals, and the more divers the better. We’re all about carbon-based life here. Figuring out the chemistry of Europa’s ocean will tell us if it’s a place where our kind of life could survive or if it’s too harsh. Geronimo Villanueva from NASA’s Goddard Space said in a statement.

The James Webb Telescope’s observations tell us that carbon dioxide is most plentiful in a place called Tara Regio. This is a relatively new area with a lot of changes happening on its surface, and it’s part of what scientists call “chaos terrain.”



Source link

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Tech

Chainalysis permanently parts ways with its founding CEO

Published

on

By


Michael Gronager, the co-founder and longtime CEO of Chainalysis, has agreed to leave the company permanently, two months after taking a temporary personal leave of absence.

Chainalysis, a buzzy 10-year-old, New York-based blockchain data platform, will now be led by co-founder Jonathan Levin, as Levin told TechCrunch, explaining that on Tuesday, its board of directors gave him Gronager’s job. But Levin, who has long served as the outfit’s chief strategy officer, will do more than run the company as CEO; he will also maintain his other roles.

“I’ve been running R&D, and I think the CEO should be the chief product officer, so I’m making no changes to our R&D leadership team; it will continue to report directly to me,” he said in an interview on Wednesday.

Levin declined to provide more information about Gronager other than to say that Gronager is also no longer on the Chainalysis board but retains his equity in the company.

A message to Gronager on Wednesday from TechCrunch went unreturned.

Asked about Chainalysis’ financial health, Levin said the startup is “continuing to invest in our growth,” and that “we don’t need to raise capital. We raised $175 million in 2022 and [still] feel strong about the cash position of company.” He added that his focus will be on “executing, the expansion of our risk platform, and going deeper with our government clients across the world to ensure they can deal with the increased demand of crypto.”

Chainalysis, whose early investors include Benchmark, was valued by investors at $8.6 billion during that 2022 funding round. Crypto investor Katie Haun, who first discovered Chainalysis in her capacity as federal prosecutor, reportedly began buying up secondary shares of the company at a valuation of $2.5 billion this past April.

Considered a “crypto detective,” one whose clients include the U.S. government and a wide range of corporations, Chainalysis in late 2023 laid off slightly more than 15% of its staff of 900, with plans to focus more squarely on government contracting, according to The Block.

The entire crypto industry has been in bounce-back mode in more recent weeks, as the incoming Trump administration signals a far friendlier stance toward digital currencies. The most obvious proof point: The price of bitcoin reached a record high of $100,000 on Wednesday.

Above: Levin at a StrictlyVC event hosted by TechCrunch in November 2024.



Source link

Continue Reading

Tech

Zopa, the UK neobank, snaps up $87M at a $1B+ valuation, eschewing the IPO route

Published

on

By


Some believe Klarna’s planned IPO in 2025 could set the stage for other fintech startups to go public. But with the tech IPO market still sluggish, one of the candidates hotly tipped to follow suit has instead just announced a fundraise, and its CEO says going public is “not a priority.” Zopa, the U.K. neobank […]

© 2024 TechCrunch. All rights reserved. For personal use only.



Source link

Continue Reading

Tech

MobiKwik’s IPO will value it at $250M, 73% less than its last private valuation

Published

on

By


MobiKwik, an Indian financial services startup, has cut the size of its planned IPO for the third time, setting a price band of ₹265 to ₹279 ($3.1 to $3.3) that values it at $250 million — down sharply from its last private valuation of $924 million in 2021.

The Gurugram-based fintech, backed by Peak XV and ADIA, is seeking to raise about $69 million in the IPO, well below the $255 million it initially targeted back in 2021. The IPO opens on December 11, and the stock will start trading on December 18.

The 15-year-old startup operates one of the most widely used mobile wallet apps in India. But it has struggled to maintain relevance after a government-backed protocol, UPI, saw broader adoption. The company has raised more than $268 million to date.

MobiKwik says it will use the proceeds from the IPO to fund its growth and to invest in AI. The startup serves 161 million users and 4.26 million merchants.



Source link

Continue Reading

Trending

Copyright © 2023 Dailycrunch. & Managed by Shade Marketing & PR Agency