Weird cars are becoming the new normal
The Hyundai Ioniq 5, with its pixelated lights and evocative design, is part of a trend of weird cars that are trying to make a statement in the age of electrification. | Photo by Andrew Hawkins / The Verge It’s been a real WTF kind of year for car releases, new machines in new shapes … Read more
Don’t panic — this isn’t Tencent’s first tie-up with a state-owned firm
News on Tencent and China Unicom caused a stir in China’s tech industry on Wednesday afternoon. The gaming and social networking behemoth and the state-owned carrier have received regulatory approval to set up a joint venture, according to a government announcement. Following the transaction, Tencent and China Unicom will respectively own 42% and 47% of … Read more
Cosmos Asset Management Intends to Delist Crypto ETFs in Australia
Cosmos Asset Management intends to apply to delist two of its cryptocurrency exchange-traded funds (ETFs) that trade on the Cboe stock exchange in Australia.
New Bitcoin Yardstick metric says $20K BTC now ‘extraordinarily cheap’
Only once before has BTC been such good value versus hash rate — and that was long before even the 2017 all-time high.
DeFi Protocol Solend Struck by $1.26M Oracle Exploit
Solana-based decentralized finance (DeFi) protocol Solend has suffered an exploit in relation to pricing oracles, resulting in $1.26 million in bad debt.
Flowers Software helps SMBs manage their workflows
Workflow automation may not be what gets you out of bed every morning, but it has long been a hot topic in the world of enterprise software. There are few businesses, after all, that don’t have dozens and dozens of repetitive workflows that are currently done manually that could be automated. Munich-based Flowers Software, which … Read more
Xiaomi concept clips a full-size Leica lens onto a smartphone
The mounting system attaches a Leica M-series lens to Xiaomi’s phone. | Image: Agatha Tang Xiaomi’s new concept phone allows a full size Leica camera lens to be attached to the back of a prototype version of its 12S Ultra. The version of the smartphone released earlier this year is already notable for having a … Read more
Huobi Global reportedly plans relocation to the Caribbean
The company may relocate up to 200 employees from Seychelles to one of the Caribbean jurisdictions.
Crypto Exchange BitMEX Cuts Staff as It Pivots Back to Derivatives Strategy
Cryptocurrency exchange BitMEX has cut a portion of its workforce as it pivots back to focusing on derivatives trading.
BNB Chain DeFi ecosystem recovers almost one-third in three months
On the DeFi side of things, BNB Chain suffered a 93% decrease from Q3 of 2021 but has since shown signs of steady recovery.
France, Switzerland, Singapore to Test DeFi in Forex Markets
The countries’ central banks started Project Mariana because they reason decentralization could be the future of finance.
FIS Subsidiary Worldpay to Enable USDC Settlements on Polygon
The company aims to run a Polygon validator node soon.
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Citi Says Ether May Be Moving Toward a Deflationary Future
The cryptocurrency’s volatility dropped to historic lows following the success of the Merge upgrade, the bank said.
Experts Recommend Ether and Bitcoin Options ‘Straddles’ to Capture Post-Fed Price Swings
Straddles, an options strategy that involves buying both bullish calls and bearish puts, looks cheap, one observer said.
Digital Currency Group Promotes Mark Murphy to President, Cuts Nearly 13% Staff: Report
Crypto venture capital company Digital Currency Group (DCG) promoted chief operating officer (COO) Mark Murphy to president, amid a restructure which also saw the departure of over 10% of its staff.
For immigrant founders in the UK, office hours with VCs are rocket fuel
Lyubov Guk Contributor Share on Twitter Lyubov Guk is a founding partner at Blue Lake VC. She supports early-stage international founders working in the U.K. Robyn Klingler-Vidra Contributor Robyn Klingler-Vidra is associate dean of global engagement and associate professor in entrepreneurship and sustainability at King’s Business School. Juanita Gonzalez-Uribe Contributor Juanita Gonzalez-Uribe is associate professor … Read more
Deribit crypto exchange halts withdrawals amid $28M hot wallet hack
Crypto exchange Deribit halted withdrawals following a hot wallet hack where hackers got away with $28 million in stolen funds.