Kraken’s Jesse Powell to Step Down as CEO of Crypto Exchange
The exchange’s COO Dave Ripley will take over as CEO.
Peacock invests in its first adult animation series, stars Mike Judge and ‘Silicon Valley’s’ Zach Woods
Peacock, Comcast’s NBCUniversal-owned streamer, announced its first original adult animation series today. It’s about time the streaming service invested in the genre, as adult animation shows continue to do well for competitors Netflix and Hulu. Peacock’s upcoming animated comedy series, “In the Know,” will star “Beavis and Butt-Head” creator Mike Judge and “Silicon Valley” star … Read more
Amid Market Rout, Crypto Miners Are Still Building
Crypto miners are still developing innovative data centres, despite a souring market that has some of them struggling to survive.
Federal Reserve Hikes Rates to Highest Since 2007; Bitcoin Falls to $19,000
The Federal Open Market Committee (FOMC) raised the main U.S. interest rate on federal funds by 75 basis points (0.75 percentage point), to a range between 3% and 3.25%, in line with expectations.
Societe Generale launches custodial services for crypto fund managers
The firm is also in the process of testing a digital euro together with the European Central Bank.
Chinese EV startup Xpeng says its new G9 SUV is ‘last step’ before autonomous vehicles
Xpeng launched the G9 Flagship SUV, the fourth production vehicle in its lineup that will set a “new benchmark” for automated driving technology in passenger vehicles, the Chinese electric vehicle startup said Wednesday. The automaker says the G9 will come with an advanced driver assistance system (ADAS) that eventually will cover both city and highway … Read more
The 5 most interesting startups in this IndieBio cohort
IndieBio (part of SOSV) is a biotech investor and accelerator that has started shifting more and more toward climate tech in recent years. The current cohort is batch 13, for fall 2022, and we’ve taken a closer look at the five that stood out the most. IndieBio tells us that this batch is going big … Read more
Nasdaq Joins BlackRock as TradFi Defies the Bear Market and Embraces Crypto
Bear market hasn’t stopped the TradFi push into crypto as large players continue to pile into the industry, following Buffett’s famous rule “be greedy only when others are fearful.”
Jump-Backed Wormhole, Pyth Launch on Aptos Blockchain
Aptos co-founder Mo Shaikh says Jump Crypto has been “spending a lot of time” in the Aptos ecosystem.
How to automatically change your Slack status when you have a meeting
Illustration by Samar Haddad / The Verge A lot of people work remotely these days, which makes work apps like Slack crucial for good communication. Slack status updates provide a particularly helpful and easy way to let colleagues know you’re busy — for example, when you’re in a meeting and can’t see each other in … Read more
Disrupt 2022’s climate tech and health tech sessions
Between the climate crisis and global pandemics, we’re living in remarkably fraught times. Undaunted by the magnitude of the challenges, Silicon Valley has been hard at work seeking to mitigate the threats, extend help to the overlooked, and prepare for a new kind of future. Some of the most promising and cutting-edge advancements in climate … Read more
Majority of crypto exchange leadership should be comprised of citizens, say Indonesian regulators
Officials with Indonesia’s Commodity Futures Trading Regulatory Agency could implement a rule for two-thirds of directors and commissioners at crypto firms to be citizens.
Riot Blockchain Sues Northern Data Over Disclosures Related to Texas Bitcoin Mine Acquisition
This is the second lawsuit related to the Texas mega mine that Riot acquired last year.
Tech is at the heart of the biggest chess drama in years
The chess world is currently consumed by a drama as lurid and compelling, in its way, as the Don’t Worry Darling fracas. Involving implications of cheating at the highest levels of play, the feud between the world champion and an upstart challenger has prompted speculation on the existential threat to chess posed by an AI … Read more
Microsoft announces a Surface event for October 12th
New Surface devices are on the way. | Photo by Tom Warren / The Verge Microsoft is holding a Surface event next month. The software giant is officially labeling the event “Microsoft Fall 2022 Event,” where it says it plans to “talk about devices.” The Microsoft event will kick off at 10AM ET on October 12th, … Read more
Checkmate: Cheating Detection
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A Call to the SEC: Treat Crypto Assets as if Clients Matter
Asset managers either risk violating the letter of the law, or breaching fiduciary duty by denying clients token rights, including voting and revenue.
Twitch plans to cut subscription revenue for some top streamers in push toward ads
Twitch plans to standardize its revenue sharing agreement with streamers, reshaping the earnings landscape for top creators who have historically been able to pocket a bigger portion of the money they generate through paid subscriptions on the platform. In a blog post on Wednesday, Twitch President Dan Clancy explained that while the “vast majority” of … Read more
Selling physical items as NFTs, explained
A growing number of physical items are being immortalized in NFT form. What are the opportunities here… and the challenges that need to be addressed?
Hodlonaut’s Tweets a ‘Reckless Campaign’ Against Craig Wright, Lawyers Say, as Satoshi Trial Reaches Conclusion
Accusing the self-proclaimed bitcoin founder of being a mentally ill scammer shouldn’t be allowed in a democracy, Wright’s lawyers said on the final day of the Oslo trial.
This site tells you if photos of you were used to train the AI
Deepfakes, AI generated porn, and a thousand more innocent uses — there’s been a lot of news about neural network-generated images. It makes sense that people started getting curious; were my photos used to train the robots? Are photos of me in the image-generating training sets? A brand new site tries to give you an … Read more
CoinFund’s Seth Ginns on why the crypto downturn has spared early-stage startups
Crypto token prices have been trending downward for the past year, with BTC and ETH both down over 50% since last September. Yet despite the downturn in cryptocurrency prices, early-stage web3 startups have shown remarkable resilience in their valuations, Seth Ginns, managing partner and head of liquid tokens at digital asset investment firm CoinFund told … Read more