FTX profited from Sam Bankman-Fried’s inflated coins: Report
Former FTX CEO allegedly used his popularity to lure developers, and Alameda Research to inflate the price of certain coins.
Month: January 2023
Font furore as State Dept retires Times New Roman for retiring Calibri
In a heartwarming callback to the absurdly low-stakes controversies of the Obama era, the State Department is making extremely small waves by officially retiring the old workhorse Times New Roman font from official communications. It will be succeeded by Calibri, a font best known now for being publicly retired in 2021. Really though, there is … Read more
The M3gan sequel will dance its way into theaters in 2025
Amie Donald as M3gan. | Image: Universal There were already rumblings about Universal being interested in a follow-up to director Gerard Johnstone and writer Akela Cooper’s M3gan, and it seems those rumblings are actually going to turn into something much sooner than you might have expected. Variety reports that M3gan 2.0 — a sequel to … Read more
Media startup says it will buy back $10 million SBF stake: Report
The company had disclosed the investment on Dec. 2, but had previously not committed to returning the funds.
Crypto Technology’s Impact Goes Beyond Crypto Technology
Token-based fundraising can help more than underserved markets, projects and entrepreneurs, says CoinDesk columnist Noelle Acheson. It can also help other new technologies evolve.
Analysts cut 2023 techs spending predictions as consumers hold back
Predicting spending is a tricky business, especially in a period of economic uncertainty. Perhaps that’s why both IDC and Gartner have cut their fall predictions in the new year with Gartner now predicting modest 2.2% growth for 2023 with IDC a bit more optimistic at 4.4%. In the fall, Gartner was predicting a far more … Read more
Davos Day 3 Shows Conflicting Visions for the Metaverse, CBDCs
Whether it’s trading state-backed virtual currencies or jumping between virtual worlds, common standards for digital economies are still hotly contested in global forums.
Bitzlato kept a low profile, but did not go entirely unnoticed before DOJ action
The Hong Kong crypto exchange with strong ties to Russia was a blip on Chainalysis’ radar last year; its takedown was seen as anticlimactic by many in the crypto community.
MakerDAO Favors Holding GUSD Stablecoin as Part of Reserve in Early Voting
MakerDAO voters so far favor keeping the $500 million Gemini USD stablecoin ceiling in Maker’s PSM reserve over decreasing its role or phasing it out.
NASA is working on a new, more fuel-efficient aircraft design with Boeing
An artist’s concept of the new transonic truss-braced wing configuration from NASA and Boeing. | Image: Boeing NASA today announced it will be working with Boeing on a new type of fuel-efficient single-aisle aircraft for commercial use, with the aim to cut fuel emissions and reduce the climate impact of flying. “Most of you all … Read more
Some initial thoughts on Apple’s resurrected HomePod
Ditching HomePod was a strange choice. At the time, Apple told us, “HomePod mini has been a hit since its debut last fall, offering customers amazing sound, an intelligent assistant, and smart home control all for just $99. We are focusing our efforts on HomePod mini.” While the smart home hasn’t panned out precisely the … Read more
Women-founded startups raised 1.9% of all VC funds in 2022, a drop from 2021
Last year, U.S. startups with all-women teams received 1.9% (or around $4.5 billion) out of around the $238.3 billion in venture capital allocated, according to the latest PitchBook data. That percentage is a notable drop from the 2.4% all-women teams raised in 2021. The decline was expected, given the economic climate of last year: the … Read more
Apple’s new HomePod unsurprisingly sounds close to the original
Image: Apple I had a brief amount of listening time with Apple’s second-generation HomePod speaker this morning. There were numerous demos of its capabilities, but I’m only permitted to share details with you on what I heard in one specific room. While there, I heard a new HomePod playing by its lonesome and also got … Read more
Crypto Lawyers Share Blame for FTX, Other Disasters, CFTC Commissioner Says
Lawyers, accountants and other financial professionals should have stepped in to halt the fatal mistakes going on inside crypto firms such as FTX long before they imploded, said Christy Goldsmith Romero, a commissioner with the U.S. Commodity Futures Trading Commission (CFTC).
Lido’s Total Value Locked Spiked 33% In Past Month, Becoming Largest DeFi Protocol by TVL, Says DeFiLlama
Users have deposited $7.8 billion into Lido to reap rewards for the protocol’s community-led validator staking service, heating up the liquid staking derivatives space.
Here’s how to preorder Apple’s new HomePod
The new HomePod packs an upgraded chip, a temperature sensor, and Matter compatibility. | Image: Apple Shortly after announcing a new 14- and 16-inch MacBook Pro and a revamped Mac Mini, Apple has announced a new full-size HomePod, which includes a host of upgrades and will begin shipping on February 3rd. We haven’t reviewed the … Read more
Logan Paul unveils CryptoZoo recovery plan: Nifty Newsletter, Jan 11–17
Professionals working within the NFT space spoke about the NFT gaming trends to watch out for in 2023.
Ethereum price rally under question after ETH slams into resistance at $1.6K
ETH price continues to encounter resistance at the $1,600 level, a potential sign that the current rally lacks sustainable momentum.
Skybridge Capital Founder: The Time to Invest in Crypto Is Now
Anthony Scaramucci says crypto is closer to a bottom and long term investors should be looking at the markets with a three to five year perspective in mind.
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Amazon begins another round of job cuts as it lays off more than 18,000 people
Illustration by Alex Castro / The Verge Amazon has started notifying employees affected by its new round of layoffs, part of its plan to reduce its headcount by around 18,000 people, according to a report from Bloomberg and memos released by CNBC. The move, which comes after a previous round of layoffs, is part of … Read more
Ethereum’s shift to proof-of-stake draws increasing institutional interest
Ethereum’s shift from proof-of-work (PoW) to proof-of-stake (PoS) in September 2022 increased interest in staking across a number of parties — including institutions. The success of the Merge propelled Ethereum from “a smart contract platform lagging behind” into “something that was doing things right,” Diogo Mónica, co-founder and president of Anchorage Digital, a crypto bank … Read more
Wastewater recycler Membrion makes light work of removing heavy metals
PureTerra, a venture firm that aims to fund “disruptive water technologies,” is pumping millions into Membrion so the Seattle startup can mass-produce its wastewater treatment tech. Membrion claims its ceramic membranes can filter out problematic heavy metals (not the genre, but toxic stuff like lead, arsenic and lithium) for around a twelfth of the cost of … Read more