Signature Bank to Reduce Crypto-Tied Deposits by as Much as $10 Billion
Nearly a quarter of the Wall Street bank’s current deposits come from crypto-related businesses.
The Chinese Civil Examinations
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Finding Language in the Brain
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Ronald Blythe at 100
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Daily Crunch: Lensa AI can transform Photoshopped fakes into nonconsensual pornography
To get a roundup of TechCrunch’s biggest and most important stories delivered to your inbox every day at 3 p.m. PDT, subscribe here. Why, hello there, and welcome to your Tuesday Daily Crunch. I’ll be your host this week while Haje works from an undisclosed location where day is night and night is day. If … Read more
Fan tokens struggle to hold on as World Cup quarter-finals draw nearer
Soccer fan tokens have seen their prices and trading volumes plummet since the start of the World Cup on Nov. 20.
Chrome ‘@’ shortcuts search tabs, bookmarks, and history right from the address bar
Image: Google Chrome tab jockeys and bookmark hoarders, rejoice: you can now quickly swift through your whole browser mess with a new simple “@” shortcut in the address bar. Available on the latest Chrome version 108 for desktops, the feature will help simplify tasks like getting to that article tab you know you left open … Read more
Alexa’s shopping list feature is now a little easier to use on your phone
A new Alexa Shopping List widget could make those trips to the grocery store run more smoothly. | Screenshot by Jennifer Pattison Tuohy / The Verge Adding an item to your shopping list with just your voice is a modern convenience you quickly get used to. But the pain of wrangling the app you added … Read more
Meta won’t let staff discuss topics like abortion, gun control and vaccines at work
Meta employees were told that they should not discuss sensitive issues like abortion, gun control, pending legislation and vaccine efficacy at work. Fortune reported on these changes, citing a leaked internal memo from Lori Goler, head of people at Meta. TechCrunch confirmed the report with a Meta spokesperson. “As Mark mentioned recently, we need to … Read more
Crypto Markets Today: Fir Tree Suit Against Grayscale Adds to Industry’s Growing Woes
The hedge fund wants more details about the Grayscale Bitcoin Trust, which has fallen by nearly 75% this year. Crypto Markets Today is CoinDesk’s daily newsletter diving into what happened in today’s crypto markets.
Bitcoin Miner Marathon Expects to Recover Less Than Half Its Deposit From Bankrupt Compute North
The miner paid $50 million initially, $8 million of which was written off and only about half of the rest are expected to be recovered.
Fintech unicorn valuations have fallen hard in 2022
Fintech was hot in 2021, but looking back on it … maybe too hot? The sector exploded last year, seeing record investment — $132 billion globally, according to CB Insights — with many startups reaching lofty valuations, including Stripe at $95 billion, Klarna at $45 billion and Plaid at $13 billion. While these companies have … Read more
Sam Bankman-Fried hires defense attorney as US authorities probe FTX: Report
Mark Cohen was a former assistant U.S. attorney for the Eastern District of New York who was also on the defense team for the high-profile criminal case involving Ghislaine Maxwell.
The Science of Christmas Trees
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Bosch shuts down its app store for AI-powered, internet-connected cameras
In 2018, appliance conglomerate Bosch created a startup, Security and Safety Things (or “SAST” for short), whose stated mission was to develop a platform to help developers create software for AI-equipped cameras. SAST was to host a moderated, vetted “app store” for internet-connected cameras that would allow developers to build software on an open standard … Read more
North Korean Lazarus Group is targeting crypto funds with a new spin on an old trick
Microsoft and cybersecurity firm Volexity have traced a new version of AppleJeus malware to the hackers behind the Ronin exploit and numerous other online heists.
Cryptocurrency has become a playground for fraudsters
Currency speculation was once the preserve of banking institutions, governments, and investment funds. But with cryptocurrency, it’s being sold to the public as casino entertainment.
A data-driven duo just raised roughly $350M to fund seed-stage startups with metrics
Nnamdi Okike and Aaron Holiday trust data over the kind of pattern matching that most VCs swear by. It’s not surprising, given their backgrounds. Before launching their venture firm, 645 Ventures, in 2014, Okike was a principal with the data-driven investment giant Insight Partners. Meanwhile Holiday, who came directly from DFJ Gotham Ventures, was previously … Read more
McDonalds Event Driven Architecture
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Apple’s new App Store policies add more price points, going all the way up to $10,000
Illustration by Alex Castro / The Verge Just days ago, Elon Musk took aim at Apple’s App Store policies while dragging it into the political and culture war crosshairs, highlighting how important the storefront is to so many developers and services. Today, Apple announced it’s changing long-standing App Store policies that put tight restrictions on … Read more
Bitcoin Miners Offered Way to Cut Texas Electricity Usage to Help the Grid
The voluntary program to lower power consumption during high demand period, might go live around Jan. 1, 2023.
3 reasons why Ethereum price keeps rejecting at the $1,300 level
Traders are not sure if ETH will be able to hold the $1,200 level while the S&P 500 rapidly approaches the crucial 3,900 support and ETH derivatives data hints at more downside.