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
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.
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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
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.
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.
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
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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
The voluntary program to lower power consumption during high demand period, might go live around Jan. 1, 2023.
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.
The former head of the now-bankrupt crypto exchange, Bankman-Fried has yet to be charged with any crimes.
Photo by Eric Thayer / Getty Images Many barriers are holding up the automotive industry’s wide-scale transition to electric vehicles. Getting battery costs down, getting range up, and convincing car buyers to break up with gasoline for good are just some of the more commonly known ones. But there’s also one very powerful group that … Read more
Rep. Madison Cawthorn (R-N.C.) is already exiting the U.S. Capitol after losing his seat in this year’s elections, but an ethics investigation unveiled Tuesday will secure something of a legacy for the young congressman: How not to promote cryptocurrency while in Congress.
Illustration by Laura Normand / The Verge I hope you all had a good weekend. We have a surprisingly newsy week, so let’s get into it: the former Twitter Spaces team looks for a new gig, Meghan Markle and Prince Harry’s audio producer leaves on a high note, and Wondery’s subscription strategy pays dividends. Former … Read more
The reconsideration of the bill, ‘Regulating the industry and marketing of virtual assets — crypto assets’, received 38 votes out of a total of 80 lawmakers.
Reading the spreadsheet detailing the investment portfolio of Alameda Research, the investment arm of fallen crypto exchange FTX, you wonder how they had time to do anything other than invest given the sheer number of deals recorded. Perhaps that was part of the problem. FTX and its sister company (or parent company, depending on how … Read more
Shortly after Orthogonal got served with default notices on $36 million of crypto loans from Maple Finance, the firm’s credit team published a statement saying it was “speechless” and unaware of the extent of the trading team’s exposures.
“Hey zombie!” | Image: Deep Silver We already knew that Dead Island 2 will let you taunt zombies with your voice with Amazon’s new Alexa Game Control technology, and during Tuesday’s Dead Island 2 showcase on Tuesday, developer Deep Silver gave us a better idea of how the feature might work in practice. In a … Read more
Image: Google Last Saturday, I discovered two things: I needed to buy a doorbell for my mother’s apartment, and Google Lens could be a really useful time-saver. Here’s what happened: my mother lives in a large apartment complex that was built in the 1970s — and I suspect the doorbells on the apartment doors are … Read more
Vietnamese electric vehicle maker VinFast has filed for an initial public offering in the United States, the company said Tuesday. Shares will be listed on the Nasdaq under the ticker “VFS.” VinFast, which was founded in 2017 and began operations in 2019, will convert to a Singapore public limited company for the IPO. The number … Read more