Q&A with crypto billionaire Mike Novogratz on crypto as a scam, differences with past crashes,…
12mJen Wieczner / New York Magazine:Q&A with crypto billionaire Mike Novogratz on crypto as a scam, differences with past crashes, LUNA's collapse, blaming the Fed, and more — A little over a year ago, when I interviewed Mike Novogratz, a veteran hedge-fund…CB Insights: global VC activity dropped 23% between Q1 and Q2 2022 through June 23, after dropping…
42mEllen Huet / Bloomberg:CB Insights: global VC activity dropped 23% between Q1 and Q2 2022 through June 23, after dropping just 1.4% between Q4 2021 and Q1 2022 — Venture capital-backed startups raised far fewer rounds of funding during the past three…AT&T and Verizon have raised the cost of some monthly and older mobile plans, testing consumer…
1hDrew FitzGerald / Wall Street Journal:AT&T and Verizon have raised the cost of some monthly and older mobile plans, testing consumer budgets; T-Mobile has kept most rates flat — Wireless companies are boosting monthly fees and increasing the cost of…An analysis of ten major DAO governance tokens finds, on average, less than 1% of all holders have…
1hChainalysis:An analysis of ten major DAO governance tokens finds, on average, less than 1% of all holders have 90% of voting power — This blog is a preview of our State of Web3 Report. Sign up here to reserve your copy and we'll email you the full…Starlink RV review: works in truly remote locations and its power consumption is fine, but it can't…
1hThomas Ricker / The Verge:Starlink RV review: works in truly remote locations and its power consumption is fine, but it can't be used on a moving vehicle and storms can be an issue — Stay connected while disconnecting — The problem with going…Filing: South Korea's largest car sharing service Socar files for an IPO in Seoul, seeking to raise…
1hBloomberg:Filing: South Korea's largest car sharing service Socar files for an IPO in Seoul, seeking to raise at least ~$119M and pricing shares at ~$26-$35 — SoftBank Group Corp.-backed car-sharing startup Socar Inc. filed for an initial public offering…As crypto markets wobble, hedge funds are increasingly shorting Tether, either as a bet against the…
2hVicky Ge Huang / Wall Street Journal:As crypto markets wobble, hedge funds are increasingly shorting Tether, either as a bet against the broader economy or the quality of Tether's assets — Professional investors got interested in shorting tether after…Investigation finds Instagram let a man accused of selling photos of children to pedophiles run two…
2hThomas Brewster / Forbes:Investigation finds Instagram let a man accused of selling photos of children to pedophiles run two accounts months after he was charged and arrested — A photographer accused of selling photos to pedophiles is allowed to use…Taiwan-based GlobalWafers announces plans to build a $5B silicon wafer factory in Sherman, Texas,…
2hYuka Hayashi / Wall Street Journal:Taiwan-based GlobalWafers announces plans to build a $5B silicon wafer factory in Sherman, Texas, aiming to cover all US wafer demand — Silicon facility would aim to supply wafers to Intel, TSMC, creating 1,500 U.S.…With Roe overturned, privacy experts fear period tracking apps might come under intense pressure to…
2hWashington Post:With Roe overturned, privacy experts fear period tracking apps might come under intense pressure to share data that could become evidence of a crime — Privacy advocates fear that fertility data could fall into the wrong hands. — …Voyager Digital issues a default notice to Three Arrows Capital for failing to repay a $650M loan;…
2hAndrew Rummer / The Block:Voyager Digital issues a default notice to Three Arrows Capital for failing to repay a $650M loan; Voyager has accessed a $75M credit line from Alameda Research — - Voyager Digital has issued a default notice against Three…Sky Mavis says it plans to reimburse Axie Infinity users and reopen its Ronin bridge on June 28,…
2hOlga Kharif / Bloomberg:Sky Mavis says it plans to reimburse Axie Infinity users and reopen its Ronin bridge on June 28, after hackers stole 173,600 Ether and 25.5M USDC — Sky Mavis Inc., the developer of the play-to-earn Axie Infinity video game that…Despite UK government pressure, Masayoshi Son tells SoftBank shareholders that the Nasdaq remains…
2hAntoni Slodkowski / Financial Times:Despite UK government pressure, Masayoshi Son tells SoftBank shareholders that the Nasdaq remains his “favourite” venue for an Arm IPO — Billionaire says US share offering for chipmaker still his ‘favourite’…Indian startup Solv, a B2B marketplace for SMBs, raised a $40M Series A led by Japan-based SBI…
3hHarsh Upadhyay / Entrackr:Indian startup Solv, a B2B marketplace for SMBs, raised a $40M Series A led by Japan-based SBI Holdings, bringing its total funding to nearly $80M — Solv, a B2B digital marketplace for Micro, Small and Medium Enterprises, has…Naspers subsidiary Prosus sold 131.8M shares in JD.com, a ~4% stake worth $4B+, saying the…
3hBloomberg:Naspers subsidiary Prosus sold 131.8M shares in JD.com, a ~4% stake worth $4B+, saying the e-commerce company “does not form part of [its] core strategic focus” — An arm of South African internet giant Naspers Ltd. sold almost $4 billion…
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