TradFi Firm Marex Makes Crypto Hires to Lead Digital Assets Push
London-based financial services platform Marex has made two crypto hires to lead its efforts offering digital assets to institutional investors.
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Former Yext CEO launches Roam to provide a virtual HQ for distributed teams
Roam, which bills itself as a “cloud HQ” for distributed, remote companies, today emerged from stealth with $30 million in Series A funding led by IVP with participation from undisclosed angel investors. The tranche, which comes after a previously unannounced $10.6 million seed round and values the company at $95 million post-money, will be put … Read more
What to Expect From Ethereum’s Next Big Upgrade
“Shanghai” will make it possible to withdraw staked ETH, but a long-wished-for pathway to lower gas fees might be missing from the update. Valid Points is CoinDesk’s weekly newsletter that breaks down Ethereum’s evolution and its impact on crypto markets.
Twitter might let users paywall video content: report
Illustration by Alex Castro / The Verge Twitter is exploring the option to let users put video content behind a paywall, according to an internal company email obtained by The Washington Post. Mockups suggest users would be able to enable the “Paywalled Video” feature after adding video content to a tweet, and then choose from … Read more
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.