It’s been an eventful year for fintech Brex. The year began with confirmation that the startup had raised $300 million at a $12.3 billion valuation. In April, the company announced a shift in strategy — a new emphasis on software and the enterprise. By June, it sent shock waves in the startup world when it … Read more
Jihan Wu’s cloud mining firm might not go public till December 2023.
The latest price moves in bitcoin (BTC) and crypto markets in context for Nov. 2, 2022. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Binance CEO CZ talked about some of the latest crypto trends, why crypto is still a stable investment, Binance’s Twitter deal and more.
While DOGE’s breakout could have long-term implications, chasing the rally now may be risky due to the possibility of a “sell the news” event, according to one observer.
The machines are owned owned by special purpose vehicles that aren’t guaranteed by the parent company.
Image: Nvidia In case you missed it (because lord knows we did), Nvidia is currently running a sale on the Priority tier of its GeForce Now cloud game streaming service. Until November 20th, a six-month subscription to the tier costs $29.99, a 40 percent discount compared to the usual $49.99 price. The promotion is available … Read more
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Andreessen Horowitz joins a growing list of entities looking to argue in favor of the commodities regulator serving its lawsuit against individual members of the DAO, instead of targeting the organization as a whole.
There’s been an explosion of enterprise data in recent years, accelerated by pandemic-spurred digital transformations. An IDC report commissioned by Seagate projected companies would collect 42.2% more data by year-end 2022 than in 2020, amounting to multiple petabytes of data in total. While more data is generally a good thing, particularly where it concerns analytics, … Read more
The new standard will enforce creator royalties on secondary sales of NFTs that mint on its platform.
Trading volumes likely remained soft again, but analysts are on the lookout for how much interest income Coinbase can earn, particularly from stablecoins.
Indian edtech giant Byju’s is engaging with bankers to put together a plan for the initial public offering of its physical tutor chain unit Aakash, which it acquired last year, a source familiar with the matter told TechCrunch. The Bengaluru-headquartered firm is looking to raise $800 million to $1 billion in the initial public offering … Read more
Bitcoin’s long-term holders’ NUPL metric has dropped to levels that coincided with market bottoms thrice since November 2011.
Crypto users were worried the financial regulator could disadvantage crypto and encourage hacks.
Developers suspect the attackers used malicious software to access the admin wallet’s private keys.
Magdalena “Mags” Kala, a self-described “lifetime degen,” is no stranger to beating the odds. Before she became an investor, she co-founded an all-female blackjack team that sought to exploit gender bias to make a profit through gaming, she told TechCrunch in an interview. It’s fitting, then, that Kala was able to raise her first fund … Read more
Retail investors entered the stock market in droves over the past couple of years. Much ink has already been spilled analyzing competition between fintech companies such as Robinhood and Public.com to capture these new customers. But there’s another implication of this trend that’s less obvious: these new investors also have the power to introduce and … Read more
Digital creation company Picsart is adding an AI Image Generator and an AI Writer to create images and ad copy, the company announced on Wednesday. Picsart says that as text-to-image generators are growing in popularity, it’s bringing one directly into its platform. As with other models, Picsart’s AI Image Generator allows you to create images … Read more
The new Arlo Pro 5S 2K camera. | Image: Arlo Arlo has announced its new Pro 5S 2K security camera, which offers features like dual-band Wi-Fi for versatile connectivity, a 160-degree viewing angle, 2K resolution with HDR, a spotlight and siren built-in, and 30 percent longer battery life than the previous Pro 4. It’s now … Read more
Through a recent partnership with NFTBank, a new MetaMask wallet utility will allow users to track the value of their NFT collections.
London-based financial services platform Marex has made two crypto hires to lead its efforts offering digital assets to institutional investors.
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Roam, which bills itself as a “cloud HQ” for distributed, remote companies, today emerged from stealth with $30 million in Series A funding led by IVP with participation from undisclosed angel investors. The tranche, which comes after a previously unannounced $10.6 million seed round and values the company at $95 million post-money, will be put … Read more
“Shanghai” will make it possible to withdraw staked ETH, but a long-wished-for pathway to lower gas fees might be missing from the update. Valid Points is CoinDesk’s weekly newsletter that breaks down Ethereum’s evolution and its impact on crypto markets.