Month: November 2022
Prosecutors Seeking Arrest Warrant for Terraform Labs’ Daniel Shin: Yonhap
Terraform Labs’ co-founder is being charged with violating the Electronic Financial Transaction Act, according to media reports.
Genesis Creditors Hire Lawyers to Find Ways to Prevent Crypto Brokerage’s Bankruptcy
Genesis is in talks with creditors and potential investors, Bloomberg News reports.
Gogoro to pilot battery swapping and Smartscooters in Philippines next year
Gogoro, the Taiwanese company that’s commercializing battery swapping ecosystems for electric scooters, is targeting the Philippines as its next market. The startup said Tuesday it has partnered with Filipino conglomerate Ayala Corporation, telecomms provider Globe and corporate venture builder 917Ventures to launch a B2B battery swapping pilot in Manila in the first quarter of 2023. … Read more
Digital assets could add $40B a year to Aussie GDP: Tech Council report
A clear principles-based regulatory approach to the digital assets sector could be a huge benefit to the Australian economy according to the report.
First Mover Asia: Bitcoin Climbs Toward $17K Despite Investor Unease
ALSO: Sam Reynolds writes that most of Grayscale’s digital asset trusts are trading at a deep discount, and that other digital asset trusts that have significant assets are facing the same predicament.
Sequoia India backs Prismforce that helps IT companies build better talent supply chain
Prismforce, an India-U.S. startup that provides IT and tech services companies with tools to build better talent supply chain, has raised $13.6 million in a Series A round led by Sequoia Capital India. IT providers spend a large part of their variable costs on hiring skilled employees. But finding those employees from the ever-growing talent … Read more
CrossTower to acquire institutional prime brokerage BEQUANT
It comes after months of window shopping by CrossTower as crypto companies are still looking to expand despite the crypto market downturn.
IBM and Maersk Abandon Ship on TradeLens Logistics Blockchain
An enterprise blockchain project from bygone bear markets will wind down after five years.
Elon Musk is delaying Twitter’s paid verification to avoid Apple’s 30 percent cut
You might have to buy Blue somewhere else. | Illustration by Alex Castro / The Verge Twitter’s revamped Blue subscription might not be available as an in-app purchase on iOS when it eventually relaunches so that it can dodge Apple’s 30 percent cut of App Store purchases, according to Platformer. When the new Blue was … Read more
SBF reveals what was behind FTX’s reopening of Bahamian withdrawals
The former FTX CEO has explained why the exchange only reopened withdrawals for Bahamian citizens shortly before filing for bankruptcy.
Brazilian Chamber of Deputies Approves Bill Regulating Crypto Transactions
The bill still requires the approval of the executive branch before it becomes law.
$50SAT – Eagle2 (2015)
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Jack Dorsey’s TBD Is Looking to Trademark ‘Web5’ to Deter Its Misuse
The move is meant to prevent confusion about the meaning of Web5.
Good luck getting a new iPhone 14 Pro before the holidays
iPhone 14 Pros are a scarce sight these days. | Photo by Allison Johnson / The Verge Apple is on track to ship 20 percent fewer iPhone 14 Pro and Pro Max units than expected this quarter due to recent covid lockdown restrictions and labor protests at an iPhone production plant owned by Foxconn. The … Read more
Iterative launches its second fund for Southeast Asia startups
Despite global headwinds, Southeast Asia’s early stage startups are still going strong, say the founders of Iterative Capital. The Singapore-based venture capital firm, which runs a YC-style accelerator program, announced today it has raised $55 million for its Fund II from LPs like Cendana, K5 Global, Village Global and Goodwater Capital. Other backers include a … Read more
Austin-based ICON awarded $57.2 million NASA contract for lunar construction tech
ICON, a construction tech company that’s raised more than $400 million in funding, has landed a new contract from NASA to develop new systems to build on the moon and Mars. The $57.2 million contract is a continuation of a previous Small Business Innovation Research (SBIR) dual-use contract with the U.S. Air Force, which was … Read more
GCR Decoding on the Fly
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Let’s-a-go again with a new ‘The Super Mario Bros. Movie’ trailer
One month after Nintendo debuted its first trailer for “The Super Mario Bros. Movie,” the company has revealed yet another trailer—this time giving fans a first look at Princess Peach and Donkey Kong. In the newest trailer, viewers get to see more of Illumination’s incredible animating skills with Donkey Kong, voiced by Seth Rogen, completely … Read more
Daily Crunch: Apple announces its 2022 App Store Award winners
To get a roundup of TechCrunch’s biggest and most important stories delivered to your inbox every day at 3 p.m. PDT, subscribe here. Oh hey! While we have you here, grab your calendar — we’ve got some things for you to add. For the stargazers among us, we’ll be in Los Angeles doing TC Sessions: … Read more
The Mall Only Has 3 Stores
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Learn from FTX and stop investing in speculation
Speculative investing led people to FTX. Now that we’ve seen the consequences, let’s hope they start looking for value-based propositions.