Amber Group raises $300M to recover from FTX contagion
The new funding from Fenbushi aims to help Amber address some of the “significant drawdowns” as an aftermath of the FTX default.
EU Rules for Distributed Ledger Financial Trading Finalized Ahead of March Pilot
Requirements to test people’s knowledge of distributed technology could deter the average retail investor, some worry.
Steam’s annual winter sale kicks off next week
The Verge Valve’s big Steam winter sale starts next week. Thousands of titles will be discounted between December 22nd and January 5th, with the winter sale beginning at 10AM PT / 1PM ET on the 22nd. There are usually some good deals, too. We’ve seen 50 percent off Halo: The Master Chief Collection in the … Read more
Digital Work and Exploitation
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IBM COBOL Basics
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With Bling, the fintech startup revolution spreads even to pocket money
Today, banks and fintech startups tend not to provide products dedicated to families, specifically, and this has appeared as something of a gap in the market. Meanwhile the general lack of financial education and financial literacy means families are missing out on securing financial prosperity for their families. GoHenry (which raised $121.2M), which bills itself as “smart banking … Read more
Forgejo
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Path Tracing vs. Ray Tracing
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Prayers for Richard (2015)
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Worst Opening Sentences of 2022
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Worst Opening Sentences of 2022
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Secrets of the Christmas Tree Trade
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Silvergate faces class-action lawsuit over FTX and Alameda dealings
The suit is looking to hold Silvergate accountable for its alleged roles in transferring FTX user deposits to Alameda bank accounts.
Former Myntra chief’s fashion startup Virgio valued at $161 million in new funding
Fashion startup Virgio, co-founded by Amar Nagaram, former chief executive of Myntra, has raised $37 million in a new financing round as the young firm looks to build “a global fashion brand” from the South Asian market. Prosus Ventures, Alpha Wave and Accel co-led Virgio’s Series A funding, valuing the one-year-old startup at $161 million … Read more
Crypto Exchange Gemini Down for Several Hours Due to ‘Scheduled Maintenance’
The crypto exchange had paused withdrawals for its yield product recently.
Crypto trader Amber raises $300M as it seeks protection for FTX-hit customers
Amber Group, a Sequoia- and Temasek-backed crypto trading firm, has closed a hefty $300 million Series C funding round as the collapse of FTX shakes the crypto world. The news, which the Singapore-based firm announced on Twitter Friday morning, follows on the heels of a Bloomberg report claiming that the crypto trader has ditched a … Read more
Crypto Trading Firm Amber Group Raises $300M Series C After FTX Contagion
The collapse of FTX had impacted some of the trading firm’s products and customers, increasing the need to quickly raise additional capital.
Charges laid over alleged ‘crypto mining’ Ponzis that netted $8.4M
Various creators and promotors of two allegedly fraudulent crypto companies are facing a litany of charges that could land them 20 years in jail.
Tiny Code Christmas
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Japan set to ease 30% crypto tax on paper profits for token issuers
As it stands, Japanese crypto issuers are required to pay a set 30% corporate tax rate on their holdings, even if they haven’t realized a profit through a sale.