Reality Sticks a Pin in His Hot-Air Dreams

Taking lessons from Napster, Helium Systems envisions a peer-to-peer network powered by the blockchain. Its market cap rose to $2.5 billion on hopes and promise, but has now fallen. That’s why CEO Amir Haleem is one of CoinDesk’s Most Influential 2022.

And Then There Was One

In an astonishing six months as crypto winter hobbled even well-funded crypto companies, Binance defended its position at the top of crypto exchanges and took down its $40 billion rival, FTX. That’s why Changpeng Zhao is one of CoinDesk’s Most Influential 2022.

Empire of the Bored Apes

Yuga Labs has grown beyond the wild success of its Bored Ape Yacht Club collection to become an NFT powerhouse with a $4 billion valuation and big plans in the metaverse. That’s why Wylie Aronow, Greg Solano and Nicole Muniz are three of CoinDesk’s Most Influential 2022.

Crypto Developers Reveal the Perils of Anonymity

The total value locked on the Solana network reached billions of dollars, based in part on sham protocols by two brothers working under multiple aliases. For showing how divorced TVL can be from the truth, Ian and Dylan Macalinao share a spot on CoinDesk’s Most Influential 2022.

Putting TIME in Web3

The president of old media’s flagship magazine leaned into Web3 and created new divisions that are rejuvenating the 99-year-old brand. That’s why Keith Grossman is one of CoinDesk’s Most Influential 2022.

AI-generated answers temporarily banned on coding Q&A site Stack Overflow

Photo by Jens Büttner/picture alliance via Getty Images Stack Overflow, the go-to question-and-answer site for coders and programmers, has temporarily banned users from sharing responses generated by AI chatbot ChatGPT. The site’s mods said that the ban was temporary and that a final ruling would be made some time in the future after consultation with … Read more

Apple expands car key sharing, Bird charts out a strategy and layoffs come for Motional

The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive the full edition of the newsletter every weekend in your inbox. This is a shorter version of The Station newsletter that is emailed to subscribers. Want all the deals, news roundups and commentary? Subscribe … Read more

As demand for real estate VR booms, Founders Fund leads $16M round into Giraffe360 platform

The property industry now requires high quality photographs, floor plans and virtual tours, so the industry for software providers in the space is booming. The whole are was accelerated during the pandemic when many property viewings migrated from physical to virtual, and this trend has continued to tick upwards. Players in the space include Walnut, … Read more

Seoul court rejects warrants for former Terraform Labs employees and investors over Luna collapse 

A Seoul court rejected a request from prosecutors for warrants to detain eight people related to Terraform Labs, including the co-founder of Terraform Labs, Daniel Shin, early investors and former engineers. It’s difficult to believe they would flee or destroy evidence as Shin and the seven other suspects have been cooperating with the investigation, Yonhap … Read more