Gary Gensler finds new audience for his crypto skepticism: The US Army
The U.S. Securities and Exchange Commission chair called crypto “the Wild West” and urged troops not to “get caught up in the FOMO.”
Month: January 2023
Apple is reportedly working on MacBooks with touchscreens
After years of denials and loathing, Apple may finally be getting around to bringing touchscreens to MacBooks. According to Bloomberg, Apple is actively working on this project and may break away from its long-standing approach of designing a traditional desktop system without a touchscreen. Apple could launch MacBooks with touchscreens by 2025 as a part … Read more
Judge slams senators’ letter against FTX lawyers as ‘inappropriate’
Bankruptcy judge John Dorsey called the bipartisan letter “inappropriate,” and that he won’t take it into account in his decision for an independent examiner.
Uphold exchange denies owing millions to failed crypto lender Cred
Cred sued Uphold in June 2022 over a jointly promoted crypto yield product called CredEarn.
Vim is touch-typing on steroids
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CFTC Calls for Default Judgement Against Ooki DAO in Ongoing Lawsuit
A judge ruled last month that the agency had properly served the DAO after two token holders were served with the lawsuit.
Stripe’s internal valuation gets cut to $63 billion
Stripe, a richly-valued payments startup, has cut its internal valuation yet again, according to sources familiar with the manner. It is now valued, internally, at $63 billion. The cut, first reported by The Information, puts Stripe’s internal per-share price at $24.71, down 40% since peaking. The 11% cut comes after a prior internal valuation cut that … Read more
The Systematic Valley (2021)
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FTX customers are safe from being doxxed, for now
The decision comes after a Jan. 8 filing by FTX’s lawyers, who argued that public disclosure could create an undue risk of identity theft or unlawful injury to FTX creditors.
PasarPolis is now one of Indonesia’s first full-stack insurtechs
Indonesia’s PasarPolis is now able to underwrite its own products, making it one of Indonesia’s first full-stack insurtechs. This means PasarPolis will be able to offer new products and work with partners like Tokopedia, Gojek, Traveloka, Xiaomi and IKEA Indonesia to create custom insurance policies. PasarPolis is able to underwrite insurance products because of its … Read more
Kakao Entertainment lands $966M from sovereign wealth funds, including Saudi Arabia’s PIF
Kakao Entertainment announced today it has raised $966 million (1.2 trillion won) in financing from sovereign wealth funds, such as Saudi Arabia’s Public Investment Fund (PIF) and Singapore-based PWARP Investment. The entertainment subsidiary of South Korean internet giant Kakao operates storytelling platforms (web novels and webtoons), music, K-pop artists management, and other media (movie and … Read more
El Salvador passes landmark crypto bill, paving way for Bitcoin-backed bonds
The “Digital Asset Issuance” legislation will also create a regulatory body, and establish a legal framework for all digital assets.
Bitcoin surges above $18K to cap 8-day winning streak
The last time Bitcoin saw such a long streak of green candles was July 2021, during the height of the pandemic.
Yuga Labs Announces Skill-Based NFT Mint
The gamified expansion of its Bored Ape ecosystem involves minting a free Sewer Pass NFT to play a game called Dookey Dash.
From Bernie Madoff to Bankman-Fried: Bitcoin maximalists have been validated
The parallels between Sam Bankman-Fried and Bernie Madoff are ample. On the bright side, both men highlighted the fact that Bitcoin maximalists are immune to Ponzi schemes.
Safe Memory Reclamation for Bind
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