Crypto Options Exchange Deribit Registered Record Trading Volume in November
Deribit was busier than ever as FTX-induced uncertainty boosted demand for options or hedging instruments.
Sigfox tech owner UnaBiz doubles its Series B funding to $50 million
UnaBiz, the Massive Internet of Things service provider and owner of Sigfox’s technology, announced today it has raised another $25 million in Series B funding. This doubles the round’s total amount to $50 million, after the first tranche was announced in October 2021. UnaBiz, which is based in Singapore, has now raised $60 million in total. … Read more
Pixyle AI wants to make visual search more intuitive for online retailers
When Svetlana Kordumova was studying for her doctorate in AI and computer vision, she grew frustrated by the process of looking for items to buy online. Search results were often inaccurate, and she knew the tech she was learning could improve the experience. Pixyle AI was launched in 2019 to improve product discovery on e-commerce … Read more
FTX’s Bankman-Fried to face market manipulation probe, Do Kwon chimes in
As part of a broader inquiry into FTX’s collapse, federal prosecutors are looking at the role that FTX and Alameda may have played in the fall of Terra LUNA.
Spain’s central bank to experiment with wholesale CBDCs
The Bank of Spain said the study can help determine to what extent it can adapt to the “needs and demands of an increasingly digital society.”
US regulator to seek feedback on DeFi’s impact on financial crime
A “close look” is being taken at money laundering and terror financing laws by FinCEN as it asked banking sector players for feedback on DeFi’s crime risks.
Australian CBDC receives unexpected interest but could hurt banks: RBA
The pilot “eAUD” program is unique in that the Reserve Bank of Australia has not proposed use cases, and has received numerous suggestions from the industry.
India’s Uolo raises $22.5M to bring edtech to the masses
Uolo, an Indian edtech platform that works with private K-12 schools to offer online learning programs to middle and low-income families, has raised $22.5 million in a funding round led by UAE-headquartered VC fund Winter Capital. The vast majority of edtech startups operate in a business-to-consumer model and spend on ads to reach the parents … Read more
Telegram to allow no-sim accounts via anon-blockchain-numbers
Telegram has increased its security features by enabling support from anonymous blockchain-based numbers that go for around $16.
Twitter will reportedly charge $11 on iOS for Blue subscription to offset App Store fees
Twitter Blue plan is on halt right now but when it resumes you will have to pay $11 per month if you subscribe from iOS, according to a report from The Information. The report noted that the subscription plan will cost $7 per month if you purchase from the web. But it will be costlier … Read more
Smartynames uses AI to find you the perfect domain name
There’s a lot of weird and wonderful uses for AI applications. In the last few weeks, we’ve seen AI powering better marketing emails, more smartly understanding the context of video content, and getting the most from customer feedback. It shows no sign of slowing: OpenAI announced it is pouring $10 million into the ecosystem to … Read more
Porsche, World Fund join $63M bet on batteries for electric planes
To help electric planes take off, German battery company Customcells says it landed about $63 million (€60 million) in Series A funding from Porsche and several climate-tech investors. World Fund, a one-year-old venture firm that backs European climate startups, led the deal. Abacon Capital and Vsquared Ventures also chipped in. Customcells develops and recycles high-performance … Read more
Crypto lender Genesis has no solution yet for withdrawal halts
Genesis said it will take additional weeks to carve out a recovery path for its lending business.
Crypto Lender Celsius’ Bankruptcy Judge Orders It to Return $50M of Crypto to Custody Account Holders: Bloomberg
Celsius filed a motion in September to return crypto to customers who held assets in such accounts.
Bankruptcy judge orders $44M in crypto to be returned to Celsius customers
The funds are made up crypto held within custody accounts on Celsius that had not been transferred from earn accounts.
Steve Aoki and 3LAU Launch PUNX Music Project Using CryptoPunks IP
The DJs and NFT enthusiasts are teaming up on an “audio-visual IRL-meets-metaverse supergroup.”
Class action against Kim K, Mayweather over EMAX dismissed… for now
Despite dismissing the case, the judge acknowledged the lawsuit reflects a potentially dangerous trend of fraudulent-like promotional schemes.
FTX hires forensics team to find lost customers’ billions: Report
Lawyers have claimed FTX assets are either stolen or missing and now a team of financial forensic experts is attempting to trace the money trail.
Google combines Maps and Waze teams as pressures mount to cut costs
Google plans to combine the teams working on its Maps product and on Waze, a mapping service that Google acquired in 2013. The merger comes as the search engine giant feels the pressure to cut costs and consolidate operations, reports The Wall Street Journal. Waze’s team of 500 employees will fall under Google’s Geo organization, … Read more
Just 8% of Americans have a positive view of crypto: CNBC survey
CNBC’s All-America Economic Survey was conducted towards the end of November, just a few weeks after the collapse of crypto exchange FTX.