Bernstein: Crypto User Activity Is Moving On-Chain Following FTX’s Collapse
The Arbitrum and Optimism blockchains are seeing the strongest momentum in terms of user trends, the report said.
Month: December 2022
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Zoe, which went viral with its Covid-reporting app, raises $30M to track nutrition and health
Zoe, a startup founded by doctors and researchers out of London and Boston, made its name during the pandemic with a popular — dare we say viral? — self-reporting Covid-19 app. Embraced both by consumers and researchers, it provided early data into how Covid-19 spread and the symptoms associated with the initial infection and its … Read more
CFTC chief says Bitcoin is the only commodity in the wake of FTX collapse
CFTC has faced a lot of scrutiny in the wake of FTX collapse due to its ties with the crypto exchange and SBF’s efforts to put the committee as the key oversight body for crypto.
Cointelegraph Historical Collection is live: Mint the biggest crypto news stories now!
Cointelegraph’s Historical digital collectibles collection is now available for everyone who wants to mint articles as NFTs.
TradFi Giant TP ICAP Gains UK Crypto License
Fusion Digital Assets aims to offer a platform for matching crypto spot orders and execute trades
Thursday’s top tech news: December is here, and there are security lapses under the tree
Photo by Amelia Holowaty Krales / The Verge Eufy and LastPass suffer security lapses, and Spotify Unwrapped takes over social media. Continue reading…
Bitcoin’s Price Action Is Encouraging, Yet It May Not Signal Bottom: Traders
Bitcoin’s price needs to trade above its 21-week moving average to confirm a bottom, one trader said.
Was Sam Bankman-Fried’s appearance a performance?
FTX founder Sam Bankman-Fried talked from an undisclosed location in the Bahamas today with reporter Andrew Ross Sorkin for a DealBook event, a discussion that his legal team “very much” did not approve of, he told Sorkin with a boyish grin. Having caught the live-streamed interview, what we’re still wondering is whether he’s credible. Throughout … Read more
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Canada’s Manitoba Province Enacts 18-Month Moratorium on New Crypto Mining: Reports
The local heavily indebted utility has received up to 4.6 GW of requests from miners looking to connect to the grid.
Smartphone re-commerce startup Badili raises $2.1M pre-seed funding
Badili, a Kenya-based smartphone re-commerce startup, has raised $2.1 million pre-seed funding to scale its operations within Africa; one of the fastest-growing mobile phone market in the world. The Venture Catalysts, V&R Africa, Grenfell holdings, and SOSV, participated in the round, as did family offices and angel investors from Kenya, Nigeria, South Africa and India. … Read more
Plant-based food brand Huel valued at $560M following Idris Elba-backed round
Huel, the European provider of nutritional products, has sold more than 270 million meals across the globe since Julian Hearn started the company in 2015. Now with $24 million in fresh capital, it plans to do even more. It’s been a while since we covered Huel, which originally launched in the United Kingdom in 2017 … Read more
BlackRock CEO: FTX Token caused downfall, but tech still revolutionary
Despite taking issue with tokens created by centralized exchanges, BlackRock’s CEO sees securities tokenization as the next evolution of the financial market.
Meta ‘powering through’ with Metaverse plans despite doubts — Zuckerberg
Billions of dollars have been poured into Meta’s virtual world with little return on investment, but CEO Mark Zuckerberg says he is holding fast.
Legal professionals astonished as SBF admits failures, apologizes 12 times in interview
The former FTX CEO has offered multiple apologies and admitted failings at least a dozen times during the one-hour interview.
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Elon Musk claims Neuralink is about ‘six months’ away from first human trial
Elon Musk speaking at the Neauralink 2022 event | screenshot from Neuralink At a ‘show and tell’ event on Wednesday, Elon Musk said that his brain-computer interface company, Neuralink, could implant one of its devices in someone’s head within the next six months — meaning it’s not happening this year. He also claimed that he … Read more
Crypto trading firm Auros Global misses DeFi payment due to FTX contagion
Auros is an algorithmic trading and market-making firm that provides liquidity for exchanges and token projects.