PeopleFund, a South Korea-based P2P lending service, raises a $63.4M Series C led by Bain Capital, as it looks to beef up its ML-powered credit scoring system (Kate Park/TechCrunch)

kit park / Take Crunch: PeopleFund, a South Korea-based P2P lending service, has raised $63.4 million in Series C led by Bain Capital, as it looks to boost its ML-backed credit scoring system.South Korea-based peer-to-peer (P2P) lending platform PeopleFund announced today that it has closed $63.4 million (75.9 billion won)…

FBI seized roughly $2.3 million in cryptocurrency tied to ransomware attacks

Alexander Sekirin, whose last known address was in Saint Petersburg, Russia, belonged to a notorious ransom gang known as REvil that has cost US companies millions of dollars, the Justice Department alleges in a complaint filed in the Northern District of Dallas, Texas. . The complaint states that the cryptocurrency account, or “wallet,” now under … Read more

Simpl, a Bangalore-based buy now, pay later service, raises a $40M Series B led by Valar Ventures and IA Ventures, bringing its total funding to $83M (Manish Singh/TechCrunch)

Manish Singh / Take Crunch: Simpl, Bangalore-based buy now, pay later service, raises $40 million Series B led by Valar Ventures and IA Ventures, bringing its total funding to $83 millionBangalore-based fintech startup Simpl has raised $40 million as it looks to expand its buy-to-order online now, and drive after service offerings in the world’s … Read more

City Councilman Andre Dickens will become Atlanta’s next mayor, CNN projects

Dickens and Moore advanced to the runoff after no candidate in a broad field received a majority of the vote earlier this month. Democratic Mayor Keisha Lance Bottoms announced in May that she would not seek re-election. As of Tuesday, polls indicated the competition was close with a large segment of the electorate still undecided. … Read more

Jack Dorsey joins other tech leaders who seem to have grown tired of managing their platforms, amid increasing political controversy and hard-to-fix problems (Kevin Roose/New York Times)

Kevin Rose / The New York Times: Jack Dorsey joins other tech leaders who seem tired of managing their platforms, amid growing political controversy and hard-to-solve problems.Jack Dorsey, who stepped down after six years as CEO of Twitter, is one of the tech pioneers who seems tired of running their empires.

Scientists Discover Way To Improve Perovskite Efficiency & Stability

Researchers at the National Renewable Energy Laboratory (NREL) and affiliated institutions across the country have boosted the efficiency of perovskite solar cells by up to 16%. The effort involved combining a two-dimensional (2D) perovskite layer with a three-dimensional (3D) perovskite layer, which resulted in a solar cell with improvements in efficiency and stability. Ongoing research … Read more

Conservative legal activists watch SCOTUS abortion cases with worry over what happens if they lose

said Mike Davis, an aide to the Senate Judiciary Committee who founded Draft Article III, a conservative judicial law firm. Rising concerns among conservative social stakeholders and anti-abortion activists — which come as the Supreme Court decides on two abortion-related cases in the coming months — stem from a series of episodes in which Republican-appointed … Read more