JP Morgan executes first DeFi trade on a public blockchain: Finance Redefined
MakerDAO co-founder’s death opened a new pandora box of conspiracy theories, based on some of his recent tweets.
Huobi Exchange Users Furious After GALA Holdings Are Converted to ‘Meme Token’
The move came after a bug forced a bridging service to re-launch the wrapped version of GALA that trades on Binance Smart Chain, sparking widespread confusion.
Elon Musk just axed key Twitter teams like human rights, accessibility, AI ethics and curation
Elon Musk is wasting no time making extremely deep cuts at Twitter, calving off many teams doing essential work at the company in the process. News of layoffs swept the platform on Friday, showing that Twitter’s billionaire owner is painting in broad strokes when it comes to trimming down the team by half. The same … Read more
Retract Royalties, Reduce Revenue: NFT Creators Are Suffering and So Are Marketplaces
A growing list of marketplaces are seeing the impacts of platforms ceasing to require buyers to pay royalties on collections. Experts aren’t optimistic about what this means for the market.
Inflation is killing us; cryptocurrency alone cannot beat it
Traditional currencies are failing, and research has shown that cryptocurrencies may be susceptible to the same shortcomings.
Watch iFixit’s teardown of the ‘largely unfixable’ Meta Quest Pro
At this point, you might have a pretty good idea of what the inside of a smartphone is like, but how about a highly advanced VR headset? The experts at iFixit have posted their video teardown of Meta’s new Quest Pro, and while they conclude that it’s a “fascinating, if largely unfixable device,” it’s an … Read more
Benitago Group exec confirms it didn’t close, but did lay off some employees
Benitago Group’s website no longer working this week set off an alarm bell for some folks, those who regularly follow the comings-and-goings of active fulfillment-by-Amazon aggregators. They believed it might spell the end for the e-commerce aggregator, which raised $380 million in equity and debt financing last year. Co-founder Benedict Dohmen confirmed to TechCrunch via … Read more
The Many Branches of the Fediverse
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Traders expect 200% upside from MATIC, but does Polygon network data support that?
MATIC’s recent rally and partnerships are turning heads and on-chain activity may hint at further growth.
SEC Charges Trade Coin Club Founding Members With Operating a $295-Million Ponzi Scheme
The multi-level marketing organization raised over 80,000 bitcoin from 100,000 investors.
Fanfiction was the guilty pleasure that helped me unlock the internet
The hours I have spent on this site… My taboo teenage pastime introduced me to the wide world of internet subcultures. Continue reading…
Tattoo industry expands into the NFT space amid digital culture shift
Nonfungible tokens may be an option for maximizing monetization and exposure for a tattoo artists’ work.
Elon Musk’s Twitter layoffs leave whole teams gutted
Vjeran Pavic / The Verge About half of Twitter’s 7,500 employees are now gone, with teams focused on trust and safety issues hit the hardest. Continue reading…
How to land investors who fund game-changing companies
A lot of problems worth solving aren’t ones that you can solve in a year or two or even 10. For founders and investors alike, such long timelines can seem daunting. But for Gene Berdichevsky, co-founder and CEO of battery tech startup Sila, hard tech problems are also some of the most tantalizing. “It’s always … Read more
Stability AI backs effort to bring machine learning to biomed
Stability AI, the venture-backed startup behind the text-to-image AI system Stable Diffusion, is funding a wide-ranging effort to apply AI to the frontiers of biotech. Called OpenBioML, the endeavor’s first projects will focus on machine learning based approaches to DNA sequencing, protein folding, and computational biochemistry. The company’s founders describe OpenBioML as an “open research … Read more
Needham’s John Todaro Says USDC Is ‘Exciting’ for the Long Term and Will Benefit Coinbase
John Todaro, vice president at investment and asset management firm Needham & Co., discusses whether USDC could become the “de facto” CBDC for the U.S. and why crypto exchange Coinbase could operate like a bank if it were to “mint” more of the stablecoin.
RStudio is now Posit
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Thoughts about Twitter
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Crypto Biz: Was Celsius just a Ponzi after all?
The bankrupt crypto lender has been accused by customers of being a Ponzi. Meanwhile, Binance’s $500 million investment in Elon Musk’s Twitter has been confirmed.
Buying your own identity on Elon’s Twitter and other news
This week Amanda Silberling and I went live on LinkedIn and Twitter Spaces to talk about Elon Musk’s questionable plans for blue checks on Twitter. Then, I talk with Natasha Mascarenhas about a new startup, Rewind, that wants to help humans have perfect memory. And as always, we break down the biggest stories in tech. … Read more
Combined HBO Max/Discovery+ service gets an earlier launch date, price hike is to be expected
After Warner Bros. Discovery reported its third-quarter earnings results yesterday, the company told investors and analysts in a call that the forthcoming combined HBO Max/Discovery+ streaming service will now launch in the U.S. earlier than previously announced. CEO David Zaslav said the yet-to-be-named service is now getting a spring 2023 launch instead of in the … Read more