FTX is done — What’s next for Bitcoin, altcoins and crypto in general?
FTX is gone, and it looks like many centralized crypto platforms will fall with it. But is there a silver lining?
FTX collapse could trigger ‘appetite’ for harsher regulation, says Andrew Yang
“This is categorically a very, very negative thing for human beings and for the regulatory environment,” Yang said.
Netflix’s 1899 is mysteries all the way down
Isabella Wei in Netflix’s 1899. | Image: Netflix We’re living in a good time for fans of puzzle box TV shows. Between the Yellowjackets plane crash, Severance’s creepy-ass office, and the big hole in Outer Range, there’s lots to occupy your fan theory group chats. Joining that ever-growing list is 1899 on Netflix — and … Read more
Say Goodbye to Proprietary Tax Prep Software
Web3 tax help is a multi-billion dollar opportunity, and a way to plug the gap the government has around tax help and out-compete centralized companies like TurboTax.
Bitcoin traders increase leverage longs even as crypto critics say BTC is a “pure Ponzi”
In the past 48-hours Bitcoin traders added to their leveraged long positions even as crypto critics and politicians ramp up their criticism of cryptocurrencies.
‘Grayscale Discount’ Widens to Record 43% as FTX Contagion Spreads
The added pressure comes after Genesis Global Capital – a corporate sibling to bitcoin trust manager Grayscale Investments – halted customer withdrawals from its lending unit this week.
CFTC Commissioner Mersinger says the time has come for action on crypto regulation
The commissioner said Congress may have to intervene in relations between the regulating agencies, but both have a role to work out; until then the burden is on the states.
The long-awaited US broadband internet maps are here — for you to challenge
Here’s how much of the US allegedly has access to fiber internet. There’s a lot of white and gray. | Screenshot by Sean Hollister / The Verge We’ve shown you — repeatedly, both with data and anecdotally — that the internet is broken in the United States. We pay more for less and deal with … Read more
Sam Bankman-Fried Cashed Out $300M in Previous Funding Round: WSJ
In a previously undisclosed detail, most of the $420 million raised in October 2021 went directly to Bankman-Fried, the Journal reported.
Sports Fan Tokens Rally Ahead of FIFA World Cup, Defying Crypto Market Gloom
Socios.com’s CHZ jumped 11% in a day, while fan tokens of national soccer teams of Portugal and Argentina are up 50% and 28%, respectively, amid mounting anticipation for the soccer World Cup.
Twitter Spaces: Crypto’s Lehman Moment, What FTX Means for DeFi
How will FTX’s collapse fuel the case for decentralized finance?
The DOJ has reportedly opened an antitrust investigation into Ticketmaster’s owner
Ticketmaster had major issues with this week’s Taylor Swift concert presale. | Photo by Jeff Kravitz/FilmMagic The Department of Justice is investigating Ticketmaster parent company Live Nation Entertainment over antitrust concerns, The New York Times reported Friday. Live Nation and Ticketmaster merged in 2010 but have come under scrutiny for largely dominating the live event … Read more
PSA: sign up for our Verge Deals newsletter ahead of Black Friday and Cyber Monday
Our whole deals team is here to help you save. With Black Friday and Cyber Monday bearing down on us, it’s as good a time as ever to subscribe to our Verge Deals newsletter. Whether you’re a longtime reader of The Verge or a newcomer, you know that we love tech — but we’re also … Read more
Mozilla revenue 2021 increases 20%
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Bitcoin Holds Fast Over 16K, but Crypto Winter Could Be Prolonged
Bitcoin traded sideways throughout the week but analysts warn that FTX fallout could affect prices for an extended period of time.
VinFast’s bid to attract US buyers includes 4 all-electric SUVs and maybe a sports car
VinFast showcased four battery-electric SUVs at the LA Auto Show this week, and even hinted at a sports car, as the Vietnam-based automaker pushes ahead with its plan to break into the U.S. market. The four EVs, which ranged in size from small five-passenger crossovers to large seven-passenger SUVs, is part of the company’s effort … Read more
DeFi platforms see profits amid FTX collapse and CEX exodus: Finance Redefined
The bears were in control for the second week after FTX collapse, leading to a market-wide dismal performance including top 100 DeFi tokens.
Robot delivery startup Nuro is laying off 20 percent of its workers
Nuro, the autonomous delivery startup, is laying off 20 percent of its staff, or about 300 employees, the company said in an email to employees that was later published online. (TechCrunch was first with the news.) The company’s founders said it grew too rapidly in the past year thanks to an abundance of capital and … Read more
Quantifying the global e-commerce slowdown
The COVID-19 pandemic was many things. Global contagion. Health catastrophe. Herald of new geopolitical tensions and a long-running commentary on how far we’re willing to go to protect — or not — our fellow humans. It was also a business earthquake that shook up most industries around the world. But as quickly as COVID came … Read more
