Buy the Dip, Sell the Bounce: Crypto Funds See Biggest Outflows in 12 Weeks
Total asset under management (AUM) in digital-asset funds dropped to a new two-year low of $22.2 billion, according to CoinShares.
The N64 controller for Switch is back in stock at the Nintendo store
Finally play StarFox64 the way Nintendo intended | Image: Nintendo Call it a Cyber Monday miracle if you will, but the official N64 controller for the Nintendo Switch has just been restocked at the Nintendo eShop. This $49.99 controller allows you to experience N64 games the way they were meant to be played — with … Read more
The Bitcoin Obituary Obituary
And why one Harvard economist thinks bitcoin could end up on central bank balance sheets.
AWS announces Digital Sovereignty Pledge
Right on time for its annual post-Thanksgiving re:Invent festivities in Las Vegas, AWS last night announced its “AWS Digital Sovereignty Pledge” — and before you click away, let me just point out that this is definitely more important than the prosaic name implies. As nations across the globe introduce legislation that governs how and where … Read more
Say hello to the TechCrunch+ Cyber Monday sale!
To celebrate Cyber Monday, TechCrunch+ is having a sale! Until November 30th, take 25% off a subscription to secure access to all our work. TechCrunch+ is TechCrunch’s founder-focused analytical arm. We cover the trends behind the news, dig into venture capital numbers, report on how startups are executing today, and share advice and insight from … Read more
Twitter says crowdsourced fact-checking system updated to better address ‘low quality’ contributions
Twitter’s crowdsourced fact-checking system, Community Notes, just received an update that the company claims will help to identify more “low quality” fact checks — meaning, the notes written by Twitter users that are appended to tweets to provide further clarification and context. As a result, more of the contributors who write these unhelpful annotations will … Read more
This startup is bringing precision control for gamers to the humble keyboard
You wouldn’t drive a car or fly a plane if the only controls you had available were on/off switches for left and right or up and down, and yet that’s pretty much what gamers are stuck with when they control their virtual avatars with their keyboards. U.K. startup Peratech wants to change that with a … Read more
Microsoft 365 faces darkening GDPR compliance clouds after German report
Legal trouble may be brewing for Microsoft in the European Union where an assessment by a working group of German data protection regulators that’s spent around two years looking into a swathe of privacy concerns attached to its cloud-based 365 productivity products — including by engaging directly with the tech giant to try to get … Read more
FTX logos and promotional material still everywhere despite bankruptcy proceedings
Though some officials have removed all traces of their deals with FTX, the firm’s branding still appears on a few sports venues and merchandise.
Google partners with med tech company to develop AI breast cancer screening tools
Medical personnel use a mammogram to examine a woman’s breast for breast cancer. | Photo by Michael Hanschke/picture alliance via Getty Images Google announced today that it has licensed its AI research model for breast cancer screening to medical technology company iCAD. This is the first time Google is licensing the technology, with the hopes … Read more
How thick is a three-sided coin?
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What’s the next on crypto’s chopping block?
It’s me! Hi! (I’m not the problem, just the podcast’s host, here to bring you the latest greatest in startup and tech news this fine Monday morning). Welcome back to Equity, the podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. And for those of you who hummed … Read more
Crypto fund investment still dominated by the United States: Database
Crypto database shows that most firms are venture capital at 52.8%, followed by hedge funds with 44.3% and then private equity and mutual funds at 2.9%.
Game7 allocates $100M in open-source technology grants for Web 3.0 gaming companies
“We’re looking to support teams building innovative open-source infrastructure that can accelerate the blockchain gaming space and foster collaboration,” wrote Game7 in its FAQ.
Deploy an MLOps solution that hosts your model endpoints in AWS Lambda
In 2019, Amazon co-founded the climate pledge. The pledge’s goal is to achieve net zero carbon by 2040. This is 10 years earlier than the Paris agreement outlines. Companies who sign up are committed to regular reporting, carbon elimination, and credible offsets. At the time of this writing, 377 companies have signed the climate pledge, … Read more
Cyber Monday sale – save 50% on passes for TC Sessions: Space
Cyber Monday savings are here — for today only book a pass to TC Sessions: Space 2022 and save 50% on all available passes. This one-day exploration event is focused on early-stage space startups, trends, science and technology across the private, public and defense universe takes place on December 6 in Los Angeles. Don’t miss … Read more
Singapore Banks’ Exposure to Bitcoin ‘Insignificant’ but Subject to Highest Risk Weight
Banks must hold $125 in capital against every $100 worth of bitcoin, a senior minister said.
MakerDAO Community Rejects CoinShares Proposal to Invest Up to $500M in Bonds
The largest decentralized lending protocol MakerDAO previously approved a plan to invest $1.6 billion with Coinbase Prime for an annual yield of 1.5%, but this latest plan didn’t fly.
I text myself all day every day — and you should, too
Texting yourself sounds weird until you try it. Then it becomes indispensable. For a while now, my highest-volume messaging conversation has been with myself (which sounds sad now that I say it, but we’ll leave that for another day), and it has become a key part of how I live my digital life. To be … Read more
AVX 512 will be the future
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Bionaut Labs gets $43.2M for its tiny drug delivery robots
Founded in 2017, Bionaut Labs arrived out of stealth in March 2021, with plans to commercialize longstanding research around drug delivery robots. The Los Angeles-based startup today followed up its initial $20 million funding announcement with a $43.2 million Series B, bringing its total raise up to – you guessed it — $63.2 million. This … Read more
A scale story: TechCrunch’s parent company links up with Taboola
Folks often ask if Crunchbase and TechCrunch are still the same company (nope). Many express surprise that AOL was once this publication’s sole parent (yep). The saga of Who Owns TechCrunch is actually somewhat interesting. Various corporate developments over the last decade saw TechCrunch trade hands several times, including our most recent ejection from Verizon … Read more
BlockFi files for bankruptcy, as many expected, cites FTX collapse for its troubles
The crypto lender was previously “rescued” by FTX following the LUNA stablecoin collapse.
Crypto finance firm BlockFi files for bankruptcy following the fall of FTX
Illustration by Alex Castro / The Verge BlockFi has become the latest crypto firm to file for Chapter 11 bankruptcy a couple of weeks after pausing withdrawals on November 10th. The company is citing a “lack of clarity” around the circumstances of FTX, the collapsed firm going through its own bankruptcy process amid accusations of … Read more