Crypto exchange Bullish, run by a former NYSE president, acquires CoinDesk for an undisclosed sum in an all-cash deal; DCG acquired CoinDesk for $500K in 2016
CoinDesk says former Wall Street Journal Editor in Chief Matt Murray will chair an independent editorial committee
The Block sells an 80% stake to Singaporean VC Foresight Ventures, valuing the crypto outlet at $70M and freeing the business from its financial ties to FTX
Emails and sources: Google fired 16% of its ~400-person Fuchsia OS team, Research cut jobs in lower traction areas, and Cloud cut operational and other roles
The layoffs amount to about 6 percent of the global work force at the company, the latest tech giant to make cuts after a pandemic hiring spree.
Emails and sources: Google fired 16% of its ~400-person Fuchsia OS team, Research cut jobs in low traction areas, and Cloud cut operational and other roles
The layoffs amount to about 6 percent of the global work force at the company, the latest tech giant to make cuts after a pandemic hiring spree.
Alphabet plans to cut ~12,000 jobs, 6%+ of its global workforce; CEO Sundar Pichai says he takes “full responsibility for the decisions that led us here”
read the memo CEO Sundar Pichai sent to staff Mary Yang / NPR : Google is cutting 12,000 jobs, adding to a series of Big Tech layoffs in January BBC : Google parent Alphabet to cut...
Memo: Alphabet plans to cut around 12,000 jobs, more than 6% of its global workforce; Sundar Pichai says he takes “full responsibility” for the need to cut jobs
Google parent Alphabet Inc. said it will cut about 12,000 jobs, more than 6% of its global workforce …
Sources: FTX reached late stage negotiations with Taylor Swift for a $100M+ sponsorship deal, supported by Swift fan SBF but opposed by some FTX executives
Negotiations between singer-songwriter and Sam Bankman-Fried's crytpo group collapsed this spring
An interview with Sky Mavis co-founder Aleksander Larsen on staying play-to-earn after the hack, unfair criticisms, improving security, raising funds, and more
Ryan Weeks / The Block : Tweets: @lhm1 and @emilyjnicolle Tweets: @lhm1 : V good read on the play-to-earn darling that thinks it's an underdog 👇 https://twitter.com/... Emily Nico...
Ethereum activates its long-awaited Merge upgrade, in development since 2020, and transactions are now being processed under proof of stake
- The Merge upgrade is transitioning Ethereum from proof of work to proof of stake. — The Merge is one of the largest technological events in the industry to date.
Miami-based Muck Rack, a database of journalists, raised a $180M Series A from Susquehanna Growth Equity, after being bootstrapped since being founded in 2009
For any journalist who has ever googled their name, there is a good chance that one of the hits will be for Muck Rack …
Lawyers in the Celsius bankruptcy are examining Tether recovering an $840M USDT loan, highlighting an uncertain area of bankruptcy law for crypto companies
Kadhim Shubber / Financial Times : Tweets: @sindap , @kadhim , @bitfinexed , @alexhern , @shortl2021 , @kadhim , @kadhim , @alexhern , @lhm1 , and @kadhim Tweets: Sujeet Indap / @...
Sources: a senior Axie Infinity engineer was duped by a fake LinkedIn job ad before downloading a PDF containing spyware, leading to the $600M+ Ronin hack
After UST's collapse, most rival algorithmic stablecoins are below the dollar peg; Tether and USDC, the two largest, are mostly holding their dollar peg
Stablecoins besides TerraUSD are failing to live up to their billing as the collapse of the algorithmic token has investors pondering …
Filing: Elon Musk delivers a non-binding proposal to acquire all of Twitter's outstanding stock for $54.20/share in cash, in a deal worth ~$43B
Elon Musk has offered to buy Twitter for $54.20 per share in cash, according to an updated 13D filing, Bloomberg News reports. Source: SEC.gov .
MoonPay, which lets users buy crypto and NFTs with credit cards, announces Justin Bieber, Gwyneth Paltrow, and other celebs invested $86.7M at a $3.4B valuation
First, they bought NFTs with MoonPay — then they bought MoonPay — MoonPay, the company that lets consumers pay for digital assets …
Sources: Meta has drawn up plans to add “social tokens”, lending services, and a non-blockchain virtual currency that employees dubbed “Zuck Bucks” to its apps
Meta has drawn up plans to introduce virtual coins, tokens and lending services to its apps …
UK Chancellor Rishi Sunak asks the Royal Mint to issue an NFT by the summer, as the Treasury plans a “forward-looking approach” towards crypto assets
Lily Russell-Jones / City A.M. : Source: @hmtreasury .