Frederik Mijnhardt Contributor Share on Twitter Frederik Mijnhardt is the CEO of Secfi, an equity planning, stock option financing and wealth management platform for startup executives and employees. More posts by this contributor How investors can still get strong returns from late-stage tech startups Late-stage tech companies must do right by their employees: Reassess your … Read more
The NFL star once served as an ambassador for FTX. | Photo by Alex Slitz/Getty Images Tom Brady’s weighty investment in FTX is on the verge of evaporating. New bankruptcy filings show that the Tampa Bay Buccaneers quarterback holds over 1.1 million common shares in the defunct cryptocurrency exchange, while his ex-wife and fashion model … Read more
Netflix will continue its foray into livestreaming with a new multi-year partnership with the Screen Actors Guild (SAG) Awards. Beginning in 2024, the award ceremony will be broadcast live on the streamer, becoming the first major film and television awards show to air on Netflix. As part of the new deal, Netflix will stream this … Read more
In a sunny lab at the Massachusetts Institute of Technology, two starfish fought over their prey. Overlapping arms pinned a hunk of thawing cocktail shrimp against the side of the tank. Thousands of suction cups rippled furiously against the glass as each echinoderm struggled to inch the prize toward its own maw. The physicist Nikta … Read more
The People’s Bank of China included e-CNY, the country’s digital currency, in calculations of the amount of currency in circulation for the first time.
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Microsoft is holding an Xbox event later this month. | Image: Microsoft Microsoft is holding a “Developer_Direct” event on January 25th. Together with Bethesda, Microsoft is getting ready to detail its plans for Xbox this year, which should include a closer look at some Xbox games expected soon and important Xbox Game Pass additions. “Presented … Read more
The Fortnite World Cup in 2019. | Image: JOHANNES EISELE/AFP via Getty Images It’s not quite a return to the World Cup from 2019, but Fortnite is getting a major in-person tournament this year. Today, Epic Games announced the FNCS Global Championship 2023, which will take place in Copenhagen toward the end of the year. … Read more
Apple Maps today is gaining a new tool that will allow the decade-plus-old service to better compete with Google: it will now allow business owners to update and manage their own information on the platform, including key details like business hours and location, photos, logos, special offers and promotions, and more. To do so, the … Read more
Venture capital firm Shima Capital led the round at a $70 million valuation.
A new Bitcoin lightning node in Nigeria could inspire individuals to take “control of their financial future” and break free from ‘rotten’ financial systems node runner Megasley told Cointelegraph.
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The Texas Gigafactory, constructed last year, serves as the Tesla global headquarters and is the “equivalent to three Pentagons,” according to Tesla CEO Elon Musk. | Image: Brandon Bell/Getty Images Electric vehicle manufacturer Tesla has notified the state of Texas of its plans to spend upward of $770 million expanding its already immense Austin-based factory. … Read more
Meta rescinded full-time offers from some job candidates, a spokesperson confirmed. “As we continue to reassess our hiring needs, we’ve made the difficult decision to withdraw offers to a small number of candidates,” a Meta spokesperson told TechCrunch. “While this decision did not come lightly, it allows us to remain thoughtful as we readjust our … Read more
The on-chain funds are directly invested into exchange-traded funds managed by BlackRock and PIMCO.
Venom Ventures Fund is allocating $1 billion to invest in Web3, blockchain and cryptocurrency projects and services.
Venom Foundation, a layer-1 blockchain licensed and regulated by the Abu Dhabi Global Market, and investment manager Iceberg Capital have partnered to launch a $1 billion venture fund, the two firms announced on Wednesday. The $1 billion vehicle, Venom Ventures Fund (VVF), is a blockchain-agnostic fund that will invest in pre-seed to Series A rounds … Read more
Image: CFOTO/Future Publishing via Getty Images No matter what language you speak or what part of the world you call home, one thing is certain: no one wants to miss out on a good deal. This has proven especially true in China for existing Tesla customers, who are so unhappy about recently announced price cuts … Read more
Judge John Dorsey didn’t seem impressed by the bipartisan communication from Elizabeth Warren, Cynthia Lummis and two other senators.
Previous reports suggested that FTX saw losses peak at nearly $9 billion in total liabilities.
There’s lots of people out there with their finger on the pulse of the business, who have ideas on how to build useful apps, but lack basic coding skills and the ability to put their ideas to work. What if those people could describe an app they wanted to build, then add connectors to common … Read more
Jio Platforms said on Wednesday it has rolled out 5G to 101 cities in just as many days as the Indian telecom giant looks to court customers aggressively with faster data speeds. The firm said on Wednesday that its 5G network is now live across at least one city each in 18 Indian states. Bharti … Read more
Crypto exchange FTX has recovered more than $5 billion in different assets, not including another $425 million in crypto held by the Securities Commission of the Bahamas, a bankruptcy attorney said during a hearing Wednesday.
Multiparty computation can help users to protect their private keys and seed phrases when used in wallets.
Analyst Jason Kupferberg downgraded the crypto exchange to underperform from neutral, saying 2023 estimates are still too high.