ALSO: Sam Reynolds writes that Asia is ready for a scaled up, crypto-friendly bank, particularly if the U.S. oversteps in regulating the industry following the recent FTX debacle.
The New York-based hedge funds want Grayscale to cough up information about its flagship Bitcoin trust which it believes could reveal potential mismanagement.
Tim Cook joined other tech leaders in touting the advantages of buying chips made in the US. Apple plans to start using processors made in America following the opening of an advanced new chip factory in Phoenix, Arizona. For the plant’s customers, which also includes AMD and NVIDIA, the new facility means a more secure … Read more
Sherlock deposited $5 million USDC of its staking pool into the beleaguered credit pool on Maple, which suffered a $31 million hit from Orthogonal Trading’s loan defaults.
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American Battery Factory’s big plan to build a bunch of, erm, American battery factories got a jolt Tuesday when Tucson, Arizona gave the company the go-ahead to locate its first plant near the city’s airport. Over the course of a decade, ABF says it will pump around $1.2 billion into the facility, claiming it will be … Read more
CoinDesk published its annual Most Influential series on Monday, highlighting a number of regulators, lawmakers and similarly impactful individuals. I spoke to Carole House, one of the authors of the White House executive order on crypto, to take a look at the document, its origins and where we are now.
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Nearly a quarter of the Wall Street bank’s current deposits come from crypto-related businesses.
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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
Soccer fan tokens have seen their prices and trading volumes plummet since the start of the World Cup on Nov. 20.
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
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 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
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.
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.