Bitcoin Jumps Briefly After Fed Minutes Show Officials Favor Slower Rate Hikes
The majority of Federal Reserve officials thought slower rate hikes would be appropriate soon. It is still unclear how high the terminal rate will be.
Genesis Global Capital Confirms Hiring Investment Bank Moelis, Talks With Potential Investors
Genesis also started talks with its largest creditors and borrowers, including Gemini and DCG, to agree on a solution.
An alleged crypto scam involving a bank called Polybius is headed to court
Illustration by Alex Castro / The Verge Two Estonians have been arrested and are facing extradition to the US after being accused of defrauding thousands of people out of around $575 million with a crypto Ponzi scheme, according to the US Department of Justice. Sergei Potapenko and Ivan Turõgin, along with four unnamed co-conspirators, were … Read more
Here’s why $16.5K is critical for November’s $1.14B Bitcoin options expiry
BTC bulls were liquidated during the drop to $15,500 on Nov. 21, and more downside could occur if bears profit $245 million during Friday’s expiry.
Crypto’s Future Will Be Based on Self-Custody and Regulation: Kraken’s Dave Ripley
The interim chief executive discusses why the future of crypto will be based on proof-of-reserves and thoughtful regulation.
Enlightenment and lighting controls
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Lyft, Redwood Materials partner to recycle shared e-bike and e-scooter batteries
Lyft is partnering with Redwood Materials, a battery recycling company founded by ex-Tesla co-founder JB Straubel, to ensure the batteries from its fleets of shared electric bikes and scooters don’t end up in landfill at their end of life. The news, reported by The Verge, comes the same week that Lyft ended its dockless bike … Read more
College social app Fizz is growing fast – maybe too fast
Things are bleak in the tech sphere as we close out a year defined by plummeting stocks, persistent mass layoffs and a fall from grace for major social media companies. Yet Stanford dropout Teddy Solomon’s story of co-founding Fizz is so reminiscent of Facebook that he was introduced to his investor and now-CEO Rakesh Mathur … Read more
FTX Contagion Revives Dreaded 2022 Crypto Knell – The ‘Withdrawal Halt’
The downfall of the FTX exchange has caused a domino effect: a growing list of crypto firms, such as BlockFi and Genesis, halting withdrawals. CoinDesk counts 15 of these announcements just this year.
US lawmakers ask DOJ hold FTX execs accountable ‘to the fullest extent of the law’
“The fall of FTX was not simply a result of sloppy business and management practices, but rather appears to have been caused by intentional and fraudulent tactics,” said the letter.
Ethereum R&D Firm Flashbots Shares Details About Its Next-Gen Block Builder
After teasing SUAVE at this year’s Devcon, Flashbots details how the plug-and-play solution will transform the way validators earn MEV.
FTX’s failure could be a stress test for corporate credit card startups
Last week, Ramp sent a message to crypto companies using its corporate card services saying that it is significantly lowering spending limits and mandating new requirements. Some users were temporarily suspended from spending altogether. “In light of recent unprecedented events in the cryptocurrency, blockchain, NFT and DeFi ecosystem, we are conducting a review of all … Read more
Blockchain-based infrastructure forges the future for carbon markets, crypto and commodities
Rising from the ashes of old crypto exchanges, a new paradigm arises.
Founder of EOS Developer Block.One Buys 9.3% of Crypto Bank Silvergate
The purchase make Brendan Blumer the largest holder of Silvergate Capital.
Elon Musk proposes letting nearly everyone Twitter banned back on the site
Kristen Radtke / The Verge; Getty Images Now that Elon Musk has let us know that he’s totally done with his moderation council myth, he’s put up a new poll asking users if he should let most suspended accounts back onto the site. On Wednesday, he asked: “Should Twitter offer a general amnesty to suspended … Read more
The best Black Friday deals under $50
Black Friday has plenty of worthy deals that don’t cost a grip. | Photo by Antonio G. Di Benedetto / The Verge With all the deals, discounts, and promotions running around, it can be awfully tempting to spend a mint over Black Friday and Cyber Monday. But for those trying to stay thrifty and keep … Read more
Last.fm turns 20
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A wave of late-stage startups quietly marked down their valuations in Q3
Many startups are overvalued. But because they are also well-stocked with cash, they haven’t had to raise new funding at a lower or flat valuation — yet. However, new data from Carta found that cracks are starting to show. Startup equity infrastructure platform Carta found that a record number of startup employee stock grants — which … Read more
Bitcoin Clings to $16K Ahead of Fed Minutes
Bitcoin was steady, around $16,300, as traders anticipated the release of the Federal Reserve meeting minutes later Wednesday.
The best Black Friday laptop deals
This MacBook Air M2 could be yours for a discounted price this Black Friday season. | Photo by Dan Seifert / The Verge Black Friday and Cyber Monday are great times to get your gadget shopping out of the way. Not only can you find discounts on smaller devices like headphones and games, but you … Read more
Ethereum Needs Competition
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3 Things We Learned at Tornado Cash Dev Alexey Pertsev’s Trial
A prosecution of Tornado Cash privacy protocol developer said little about free speech – but may get into the details of how DeFi works
The best noise-canceling headphone deals
You can currently buy the AirPods Max for around $449 instead of $549. | Photo by Becca Farsace / The Verge With more people working from home than they used to, owning a good pair of noise-canceling headphones has become more appealing than ever. However, they can be expensive and difficult to shop for due … Read more
The best Black Friday streaming deals on Hulu, HBO Max, Paramount Plus, and more
For a limited time, Hulu’s just $1.99 per month for 12 months. | Illustration by Alex Castro / The Verge If you’ve been waiting for a good deal to land on a streaming service you’ve been eyeing, Black Friday is a great opportunity to save. A number of major services are currently offering some pretty … Read more
Valve Introduces Proton Next
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Dear Sophie: Are there any visas or green cards I can get on my own?
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: My … Read more
OnePlus Nord N300 5G review: fast charging isn’t enough
OnePlus’ N300 comes with 33W wired charging and a very budget-friendly price tag, but it’s not enough to make up for a less-than-enjoyable experience. Continue reading…