Katie Haun on saying yes to Coinbase and where a16z’s crypto fund is placing its bets now
Coinbase, the newly public cryptocurrency exchange, has had it share of ups and downs. Still, the nearly nine-year-old, San Francisco-based outfit got a lot right ahead of its highly successful direct listing this week, including, seemingly, inviting.....»»
"Crypto King" Sam Bankman-Fried guilty of FTX fraud
The verdict concludes a stunning fall from grace for the 31-year-old former billionaire......»»
1.6 million acres of Great Plains grasslands were destroyed in 2021 alone, World Wildlife Fund says
Over the course of 12 months, an area of Great Plains grasslands bigger than the state of Delaware was erased from the map......»»
FTX: "Crypto King" tells judge he acted on legal advice
Former crypto boss Sam Bankman-Fried testifies to fraud trial judge after jury sent home......»»
Detroit and Korea’s $28 billion battery bets risk going sideways amid UAW talks
While South Korea’s three biggest EV battery suppliers have kept a low profile during the more than monthlong strikes at the Detroit 3, they’re anxious about the union pressing for substantial wage increases......»»
New York AG accuses crypto firms of deceiving investors in $1 billion fraud
On Thursday, New York's attorney general filed a lawsuit against three digital asset firms that were caught up in the collapse of Bankman-Fried's empire last fall — Gemini Trust, Genesis Global Capital and Digital Currency Group, parent company of.....»»
Opinion: The World Bank and the IMF need to keep reforming to become fit for purpose
The World Bank and the International Monetary Fund are being challenged to make substantial reforms so that they become fit for purpose in the 21st century......»»
Fake Bitcoin ETF news pumps price to $30,000
Fake reports about the SEC approving the iShares Bitcoin ETF spread online and spiked prices on crypto exchanges. On Monday morning, Bitcoin quickly spiked thousands of dollars, hitting as high as $30,000 on some cryptocurrency exchanges.Why? B.....»»
Ferrari to accept crypto as payment for its cars in the U.S.
Ferrari said the decision came in response to requests from the market and dealers as many of its clients have invested in crypto......»»
As Meta, Character AI place bets on ‘fun’ chatbots, problems lurk behind AI-generated smiles
As Character AI and Meta bring entertaining chatbots to group chats, real problems have already begun to brew. As Character AI and Meta bring entertaining chatbots to group chats, real problems have already begun to brew.Read More.....»»
Sony unveils $10M Sony Innovation Fund for Africa
Sony Group announced today that it has established Sony Innovation Fund: Africa as an initiative to support African entertainment startups. Sony Group announced today that it has established Sony Innovation Fund: Africa as an initiative to suppor.....»»
Key Biden Climate Pollution Metric Is Safe--For Now
Supreme Court justices declined to decide whether the Biden administration is placing too high a value on the cost to society of spewing carbon and other planet-warming gases.....»»
What to Expect From the Trial of Sam Bankman-Fried
The trial of Sam Bankman-Fried starts on Oct. 3 in Manhattan federal court. Here's what to expect. Last September, Sam Bankman-Fried was described on CNBC as the “Michael Jordan of crypto.” Just over a year later, on Oc.....»»
"Roving sentinels" discover new air pollution sources
In 2019, University of Utah atmospheric scientists, the Environmental Defense Fund and other partners added a new tool to their quiver of air quality monitors—two Google Street View cars, Salt Lake Valley's roving sentinels that would detect hyper-.....»»
Detroit 3 continue to pay health benefits for striking workers
Having the companies continue to cover health benefits beyond their contractual obligations spares the UAW an additional drain on its strike fund and avoids a potential backlash......»»
Northrop Grumman likely to end its bid for a commercial space station
NASA has a lot riding on these initiatives. Enlarge / Northrop Grumman proposed a free-flying space station based on Cygnus. (credit: Northrop Grumman) Nearly two years ago, NASA placed its bets to develop commercial spa.....»»
FTX: How the fall of the "King of Crypto" cost one British man millions
As Sam Bankman-Fried awaits trial for fraud, his former investors wonder if they will ever recoup their losses......»»
UAW and Mack Trucks reach tentative deal to avoid strike
The temporary agreement must still be ratified by the UAW rank-and-file. Should the 4,000 Mack workers have gone on strike, it could have strained the UAW's $825 million strike fund......»»
Nexusflow raises $10.6 million to improve generative AI in cybersecurity
Nexusflow announced that it has raised a $10.6 million seed round led by Point72 Ventures, with participation from Fusion Fund and several AI luminaries in Silicon Valley. Nexusflow was founded by AI experts Professor Jiantao Jiao and Professor Kurt.....»»
Samsung plans $41M expansion of EV battery operations in Michigan
A $5 million performance-based grant, approved by the Michigan Strategic Fund board, was needed to keep the investment from going to Kokomo, Ind......»»
New study on how governments can fund radical ecological and social policies without GDP growth
According to a new study led by a researcher at Freie Universität Berlin's Otto Suhr Institute of Political Science, the level of gross domestic product (GDP) has no impact on the ability of states with monetary sovereignty to fund investments in ra.....»»