Plaid Layoffs
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Plaid lays off 20% of staff, CEO says the fintech company ‘hired and invested ahead of revenue growth’
Fintech decacorn Plaid is laying off 260 employees, or about 20% of its workforce, the company announced today. While specific details around who exactly was affected remain unknown, sources in recent months had told TechCrunch that the San Francisco-based startup’s engineering team was likely to take a big hit. In March, Plaid CTO Jean-Denis Greze … Read more
Microsoft Teams targets Facebook Groups with new ‘Communities’ feature
Microsoft Teams launched a new “Communities” feature on Android and iOS devices, the company announced today. Users can now create and organize groups with their recreational sports club, event planning committee, parent-teacher association, or any other group in their community. The feature gives users access to group calendars, event scheduling, meetings, document/photo sharing, video calls … Read more
Mazars says users’ BTC reserves on Binance are fully collateralized
The scope of the AUP was limited to users’ BTC holdings on Binance.
Ban Energy-Intensive Crypto, Says ECB Official
Fabio Panetta likened the ecosystem to gambling and a Ponzi scheme.
Dear Sophie: How do tech layoffs impact PERM and the green card process?
Sophie Alcorn Contributor Share on Twitter Sophie Alcorn is the founder of Alcorn Immigration Law in Silicon Valley and 2019 Global Law Experts Awards’ “Law Firm of the Year in California for Entrepreneur Immigration Services.” She connects people with the businesses and opportunities that expand their lives. More posts by this contributor Dear Sophie: How … Read more
This year’s roundup of the top Google searches includes super local trends
Google will show the top searches from your part of the US. | Image: Google Let’s jump straight to the chase: “Wordle” was Google’s most searched term globally in 2022. The stat was revealed as part of Google’s annual Year in Search report, which highlights the top trending search terms in both individual countries as … Read more
UK Regulator Is Firming Up Its Approach to Crypto Oversight
The Payment Systems Regulator will be looking at what happens if a crypto payment system goes wrong and the measures needed to protect consumers against fraud, Nick Davey, a Payment Specialist, told CoinDesk in an interview.
Dora: A open-source Rust DHCP Server
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The Verge’s favorite holiday gifts under $100
Photography by Joel Goldberg for The Verge If you’re trying to save this season, we’ve pulled together a host of fantastic gifts you can buy for less than $100, ranging from e-readers to Instant Pots. Continue reading…
Abstraction is expensive
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Binance’s bitcoin reserves are fully collateralized according to auditing firm Mazars
Auditing firm Mazars has released a report about Binance’s BTC reserves. The auditing firm has reached the same conclusion as Binance itself. As of November November 22 at 23:59 UTC, Binance held enough bitcoins and wrapped bitcoins to cover all users’s balance on the exchange. Binance had already launched a proof-of-reserves website nearly two weeks … Read more
Into the storm: The murky world of cryptocurrency mixers
A handful of obfuscation protocols are competing for the user base of OFAC-sanctioned Tornado Cash.
What it’s like to live in Monaco
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What it’s like to live in Monaco
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Ego-ish and how tech’s main characters are all a bit different
Hello and welcome back to Equity, a podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. This is our Wednesday show, where we niche down to a single topic, think about a question, and unpack the rest. This week, Natasha chatted with Alex about ego, how recent news from … Read more
The deep inequalities of Facebook’s secretive cross-check moderation program
Illustration by Nick Barclay / The Verge Today, let’s talk about a new opinion from Meta’s Oversight Board that attempts to square a tension at the heart of any big social network: on one hand, a desire to treat its users with equality; and on the other, an acknowledgement that in practice some groups of … Read more
DeFi Protocol Perennial Launches with $12M Fundraise
Polychain Capital and Variant co-led the round for the decentralized derivatives protocol.
Security in crypto comes from liquidity or the lessons we learned after FTX
Following the FTX fiasco, retail and institutional investors alike are now looking to draw valuable conclusions.
Go and SQLite in the Cloud
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Blender 3.4
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Binance’s Bitcoin Reserves Are Overcollateralized, Says Audit
Mazars performed a proof-of-reserves and proof-of-liabities audit on the centralized exchange.
Bun 0.3
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To win over investors, use growth as your differentiator
Jon Attwell Contributor Share on Twitter Jon Attwell has more than 10 years of experience scaling growth operations in collaboration with strategic and VC investors. He currently leads the Seedstars Growth Track. So they’ve looked at your pitch deck and you’ve got the intro. Now, you have 30 minutes to win over an investor. What … Read more