Techmeme

Jen 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…

Ellen 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…

Drew 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…

Chainalysis: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…

Thomas 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…

Bloomberg: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…

Vicky 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…

Thomas 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…

Yuka 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.…

Washington 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.  — …

Andrew 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…

Olga 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…

Antoni 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’…

Harsh 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…

Bloomberg: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…