Month: February 2023
Egyptian financial services provider MNT-Halan valued at $1B in $400M funding
Egyptian fintech and e-commerce ecosystem MNT-Halan has raised up to $400 million in equity and debt financing from local and global investors as it continues to serve underbanked and unbanked customers in the North African country. The round includes $260 million in equity financing and $140 million through two securitized bond issuances secured within the … Read more
India Keeps Restrictive Crypto Tax Rules In 2023 Budget
Indian Finance Minister Nirmala Sitharaman has unveiled the 2023 budget for the nation.
Voyager Creditors Reject Alameda’s Attempt to Recover $446M
The Creditors’ rejection follows a veto by Voyager itself.
Toyota to explore blockchain use cases via DAO hackathon
The automotive giant is exploring DAO tools and blockchain integration to improve company operations.
Destroy All Monsters (2006)
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Ripple Sold $226M of XRP in Q4; Sees Strong Growth in On-Demand Liquidity Product
The firm’s on-demand liquidity product has expanded to forty countries.
Decentralized Twitter alternative goes live on Apple’s App Store
The Damus app is powered by Nostr which uses decentralized relays to distribute end-to-end encrypted messages.
Crypto-friendly bank ends loans backed by crypto mining rigs
After a bullish 2021 crypto miners sought out loans to allow them to expand, a move which has since backfired following difficult market conditions in 2022.
PKT Pal Expands Its Crypto-Powered WiFi Device Lineup With Launch of The Mini
Customers were able to deposit $99 to reserve the $499 device starting yesterday.
‘Categorically false’ — Attorney denies bids for Celsius assets were rejected
The Celsius Official Committee of Unsecured Creditors hosted a two-hour town hall shortly after the filing of the Celsius examiners’ report.
The Golden Age of Glossies
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Crypto exploit losses in January see nearly 93% year-on-year decline
Around $8.8 million was lost to crypto exploits in January, a massive decline from the figures this time last year.
Prime Voice AI: AI speech software
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Write simply (2021)
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Crypto scammers abuse ‘lax’ UK company laws to fool victims: Report
A report suggests companies are able to register in the U.K. very easily which makes them appear more credible to potential scam victims.
First Mover Asia: Lido DAO Governance Token Down, Staked Ether Stable, as Withdrawal Proposal Comes Into Focus; Bitcoin Rises as Fed Rate Decision Nears
While the DAO has yet to formally see the proposal to allow withdrawals from stETH, Galaxy Digital has already been critical, and the Lido governance token has fallen about 15% from its high last week week.
Founder of $7.5M ‘brazen fraud scheme’ to see 8 years behind bars
Randall Crater will pay back the millions lost by victims of his fraudulent crypto scheme and spend 100 months in jail followed by a three-year supervised release.
Superstrata e-bike review: Rebel without a cause
Superstrata’s e-bike is a strange specimen — there’s no two ways about it. In some ways that makes sense; the bike’s concept, borne out in seamless 3D-printed carbon fiber, springs from an equally strange premise. We’ll get into that. Talking to Sonny Vu, founder of Superstrata’s parent company Arevo, the bikes were crafted not out … Read more
Is remote work bad for the economy?
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Tesla records $204M loss from bitcoin in 2022
Tesla recorded a $204 million impairment loss in 2022 on its bitcoin holdings, according to regulatory filings. The loss was offset by $64 million in profits from bitcoin trading, leaving the automaker with a net loss of $140 million. Tesla had invested $1.5 billion in bitcoin during the first quarter of 2021, stating that it … Read more