Startup Arkon Energy Raises $28M to Further Expand Into Bitcoin Mining
The Australian company also bought Hydrokraft AS, a leading renewable energy-based data center in Norway.
Australian firm raises $28M to expand Bitcoin mining capabilities
The Sydney-based Arkon Energy secured $28 million in a recent funding round to expand its renewable energy Bitcoin mining operations despite the volatile market.
Heroic Story secures $6 million to build Web3 tabletop RPG world
The seed round was led by Upfront Ventures with participation from Multicoin Capital and Polygon Technology.
Hong Kong Regulator Calls for Tough Rules Despite Crypto Hub Ambitions
Julia Leung, deputy CEO of Hong Kong’s Securities and Futures Commission highlighted DeFi as an area in need of regulatory solutions.
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Bitcoin Exit From Crypto Exchanges Rises to 220K Over Past 10 Days
The exits began earlier in November as suspicions rose about FTX’s solvency.
‘Proof of Reserves’ Emerges as a Favored Way to Prevent Another FTX
Several exchanges, including Binance, have announced plans to integrate proof of reserves in the near future.
‘I knew he was desperate’ — Binance CEO CZ opens up on SBF relationship
Binance’s CEO reflects on prior dealings and relationship with SBF after the collapse of his FTX empire.
Bahamas Government May Have Directed ‘Unauthorized’ FTX Transactions, New Bankruptcy Filing Says
The company says it has ‘credible evidence’ the Bahamas government directed unauthorized access to FTX systems after the company filed for bankruptcy in the U.S.
Crypto Users Want to Pay Taxes, but We Need Clearer Rules
The need for comprehensive crypto tax reform will only become clearer as people start interacting with blockchains – and incurring capital gains taxes – without realizing.
SBF received $1 billion in personal loans from Alameda: FTX bankrupty filing
A fresh bankruptcy filing from FTX chief restructuring officer John Ray III highlights that Sam Bankman-Fried received $1 billion in loans from FTX-related silo companies.
Sonos plans to enter four new product categories — and the first is coming next year
Illustration by Alex Castro / The Verge Sonos is preparing a wave of premium new home speakers for release next year, as The Verge has exclusively reported. But that’s familiar territory for the company. As it turns out, Sonos also has its eye on several new product categories. Four of them to be specific. According … Read more
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Binance, OKX and Bybit suspend USDT and USDC deposits on Solana
The Solana cryptocurrency continues crashing amid the FTX crisis, plummeting 7% on the news of exchanges halting deposits in Solana-based stablecoins.
Breaking down FTX’s bankruptcy: How it differs from other Chapter 11 cases
The FTX bankruptcy has left creditors, investors and industry experts questioning what will happen next — Here is what we can expect.
Google rolls out new features across Maps, Search and Shopping
Google announced today that it’s introducing a slew of new Maps, Search and Shopping features. The company revealed majority of the new features during its Search On event in September and is now starting to roll them out to users. Search Starting today, users will be able to use Search to find their favorite dish … Read more
Namecoach raises cash to teach users how to correctly pronounce names
We’ve all been faced with a name that’s difficult to pronounce. But not everyone considers the consequences of their mispronunciations. In a piece for Fast Company, Madhumita Mallick, the head of inclusion, equity and impact at Carta, recalls how her name became a source of anxiety even when she was a grade-school student. Studies have … Read more
Mozilla looks to its next chapter
Mozilla today released its annual “State of Mozilla” report and for the most part, the news here is positive. Mozilla Corporation, the for-profit side of the overall Mozilla organization, generated $585 million from its search partnerships, subscriptions and ad revenue in 2021 — up 25% from the year before. And while Mozilla continues to mostly … Read more
Terzo lands $16M to extract key data from contracts
Contract governance is the steps taken to make sure agreed-upon terms between a company and its suppliers are met. It’s an essential part of doing business, and the consequences for getting it wrong can be steep. McKinsey estimates that poor contract governance can cost organizations up to 9% of their total revenue, which equates to … Read more
ReadySpaces, which offers co-warehousing spaces to corporate customers, secures $20M in debt
Jon Zimmerman — the co-founder of ReadySpaces, a warehouse storage provider for small businesses — was working in the self-storage market when he had the idea for a product with the flexibility of self-storage but the capabilities of a traditional warehouse, aimed primarily at enterprise customers. His partner, Kevin Petrovic, had a different company that … Read more