The Subcontrabassoon Project
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BTC mining firm Compute North files for bankruptcy
Compute North’s hosting partners Compass Mining have stated that the firm will continue to operate business as usual at this stage.
Israeli crypto exchange receives capital markets license in country first
Earlier this week, the Israeli crypto exchange became the first crypto firm in the country to receive a license enabling it to work with local banks.
Washington State Joins Celsius Bankruptcy Case as Interested Party
The state’s move continues a trend of state-level regulators moving faster than the feds on regulating crypto.
Cloud kitchen startup CloudEats raises more capital to ramp up Southeast Asian expansion
A cloud kitchen — also known as a ghost kitchen or a shared kitchen — offers restaurant owners and food entrepreneurs a commercial kitchen space at a reduced cost for food delivery and takeout. This trend has been circling around the restaurant industry. More food entrepreneurs are turning to cloud kitchens to reduce their operation … Read more
Ethereum Merge Vastly Increased Stakefish’s Profile, but 25% of Its Employees Are Gone Anyway
Layoffs at stakefish took effect on the same day as the Ethereum Merge – just as they were set to play a key role in securing the revamped blockchain.
CTFC slammed for ‘blatant regulation by enforcement’ over Ooki DAO case
The CFTC’s actions have even been met with strong pushback from its own commissioner, while others have drawn comparisons to the SEC’s regulation by enforcement tactics.
The South Asian Polycrisis
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US IRS Can Issue Summons to Bank Serving Crypto Broker SFOX Customers in Search of Tax Evaders
The John Doe summons will require M.Y. Safra Bank to provide information about SFOX customers who used the bank and may owe taxes on crypto transactions.
Rep. Warren Davidson: Stablecoin bill has ‘outside chance’ of finalizing this year
Earlier this week, new draft legislation on stablecoins came to light aimed at “endogenously collateralized stablecoins.”
Nightdrive
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Rad Power Bikes and Cycle pilot consumer e-bike subscriptions
Rad Power Bikes, a popular American e-bike brand that has raised over $300 million in the past two years, will start offering bikes as a subscription service next week. The company is partnering with Cycle, a Berlin-based e-bike subscription service that caters to couriers and last-mile delivery, to pilot the offering in Berlin. Starting September … Read more
Fork, yeah! Cardano Vasil upgrade goes live
Cardano’s newest hard fork is the blockchain’s most significant update since adding smart contract functionality last September.
Many NFT projects lack adequate smart contract testing, says nameless founder
Last year, the Akutars NFT collection sold out 15,000 tokens, but a major big saw $33 million worth of Ether (ETH) generated from sales locked into an inaccessible smart contract.
Passkeys
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Uify: One Workspace
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First Mover Asia: As the Fed Hikes Rates, Ether, USDC Lending Yield Pays Less Than T-Bills; Bitcoin Rises, Holds Over $19K
First Mover Asia: The average yield one can expect for lending USDC via DeFi protocols is 0.98%; the current one-year Treasury bond is paying 4.08%.
On Deck tried to do it all. Now, it’s trying to do less, better
Erik Torenberg is no longer the co-CEO of On Deck, a tech company that is trying to productize the community in a way that helps founders secure capital and advice. Torenberg, an early Product Hunt employee and the founder of investment firm Village Global, assumed the role only a year ago. But now, as On … Read more
Google’s new adventure game takes a top-down trip through ancient Mesoamerica
I love the cute characters in the game. | Screenshot by Jay Peters / The Verge Google’s Arts & Culture division has released a charming new educational game all about ancient Mesoamerica. The game, The Descent of the Serpent, is available to play right now in your browser or via the Google Arts & Culture … Read more
Rushing ‘token mapping’ could hurt Aussie crypto space — Finder founder
Australian crypto entrepreneur Fred Schebesta said Australia already has a “fledgling” crypto industry but needs to “align with the other major markets.”
A pair of Rust kernel modules
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Amazon is tightening its ebook return policy to thwart BookTok
Amazon’s Logo. | Illustration by Alex Castro / The Verge Amazon plans to limit automatic ebook returns to cases where people have read no more than 10 percent of the book, according to the Authors Guild. The change, which follows complaints that Kindle buyers were returning titles they’d fully read to get a refund, is … Read more
Rust 2024 the Year of Everywhere?
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