Let’s Actually Commit to Proofs of Reserve This Time, Okay?
Requiring exchanges to show they have assets to match their liabilities would improve transparency and help to win back public trust in crypto, says Nic Carter.
What You (Want to)* Want
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Vow’s first cultured meat product close to Singapore unveiling after $49.2M Series A
Another cell-based meat company is poised to have its meat products introduced in restaurants. Vow’s first product brand, Morsel, which was created from its cultured meat technology, will go into Singapore restaurants by the end of this year. Singapore was the first nation to approve cultured meat products for sale, with Eat Just being one … Read more
FTX Collapse Exposed ‘Weaknesses’ in Crypto, Janet Yellen Says: Report
The U.S. Treasury Secretary said the crypto sector is in need of “very careful regulation.”
Bitcoin miner Canaan scales operations despite low earnings, CEO says
Chinese Bitcoin mining firm Canaan posted a 90% over-the-quarter decrease in net income in Q3 2022, but it’s not the end of its business.
A ‘credible alternative to Google and Amazon’: Klarna brings its price comparison tool to Europe
Klarna is expanding into the competitive world of price comparisons, with the launch of a new tool that compares prices across thousands of retailers. The company quietly rolled out the price comparison service in the U.S. a few weeks back, and is now extending this into additional markets in Europe including The U.K. and the … Read more
Citi: Correlation Between Equity Markets, Bitcoin Weakens Following FTX Collapse
Decentralized exchanges have gained market share as confidence in their centralized equivalents declined, the report said.
Google is bringing Material You-style color themes to desktop Chrome
Picking a yellow colored wallpaper adjusts Chrome’s interface to match. | Screenshot by Jon Porter / The Verge The latest Canary build of Google Chrome includes a neat feature that automatically picks a color scheme for the browser based on the wallpaper shown when you open a new tab. The feature was first spotted by … Read more
TuSimple co-founders clapback, consolidation continues and Waymo reaches two milestones
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
Hong Kong Crypto Platform Hbit’s $18.1M Stuck in FTX
In an announcement to shareholders on Monday, New Huo Technologies Holdings Limited, said regarding its subsidiary, that $13.2 million of the money belonged to clients, while, $4.9 million were Hbit assets.
There Was No Cause to Add FTX to Investor Alert List Before Collapse, Singapore’s MAS Says
The Monetary Authority of Singapore said it was not possible to prevent Singapore users from directly accessing overseas service providers, and warned regulations don’t protect against risky speculative trades.
Making of Mathematical Instruments
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Goldman Cuts Coinbase Price Target to $41, Says Exchange is Fairly Insulated From FTX Collapse
Goldman maintained a sell rating on COIN, revising its 12-month price forecast to $41 from $49.
Reverse Engineering an EV Charger
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Bitcoin Cash Could Be Legal Tender in St. Kitts by March, Prime Minister Says
The Caribbean nation could join El Salvador and the Central African Republic in backing crypto
Crypto.com’s CRO is in trouble, but a 50% price rebound is in play
Short CRO traders were paying as much as 3% premium to long traders on Nov. 14, reflecting extreme bearishness in its futures market.
Helping mainstream artists into Web3: The triumphs and struggles
As the music industry continues to push into the Web3 space getting artists both mainstream and up-and-coming has its hurdles but also major rewards.
Morgan Stanley Says There Is Still Much Leverage in the Crypto Ecosystem
Retail investors may start to sell if the bitcoin price drops below $10,000, the bank said.