A profile of stablecoin developer Tether, which has withstood huge redemption runs during the current brutal crypto winter, competition, and regulatory pressure
Amid crypto's existential crisis, its largest liquidity provider, Tether, has withstood multiple multibillion-dollar redemption runs. Tweets: @mdudas , @silvermanjacob , and @sarahnemerson Tweets: Mik...
DeFiLlama: Circle has burned a record ~$9B of its USDC stablecoin in the past 90 days, decreasing supply from $55.55B to $46.57B, as DeFi yields decline
- The USDC supply has dropped about $9 billion since early July. — This decline is due to an uptick in USDC redemptions for the U.S. dollar. Tweets: @mdudas , @whale_alert , @whale_alert , and @whale...
a16z invests in Adam Neumann's residential real estate management startup Flow, sources say ~$350M at a $1B+ valuation, the firm's largest-ever individual check
Our nation has a housing crisis. — The demographic trends driving … Ryan Deffenbaugh / Protocol : Can proptech go with Adam Neumann's Flow? Edward Ongweso Jr / VICE : NIMBY Marc Andreessen Gives WeW...
Jason Calacanis says litigation, and possibly criminal charges, await the companies and “grifting” VCs that knowingly flipped crypto tokens to retail investors
Watch out venture capital, the regulators are coming. — That's the warning from long-time angel investor Jason Calacanis … Tweets: @alex , @tracyalloway , @mdudas , @thestalwart , @nouriel , @mliebr...
How El Salvador President Nayib Bukele weaponized bitcoin to whitewash his government's growing authoritarianism on the world stage and spread local propaganda
and lining their pockets — at the expense of our rights and livelihoods.” https://www.nytimes.com/... Alex Gladstein / @gladstein : “Bitcoiners aren't supposed to trust government. After all, one of B...
After 3AC's collapse, centralized lenders with exposure to 3AC had failed, while their decentralized counterparts liquidated collateral and continued operating
Good morning! An IT head, data scientist, and AI product manager walk into a bar. PYMNTS.com : Today in Crypto: Three Arrows Capital Files for Bankruptcy; Celsius Hits Three Week Mark of Closed Withd...
How El Salvador President Nayib Bukele weaponized bitcoin to whitewash his government's growing authoritarianism on the world stage and spread local propaganda
SAN SALVADOR — Bitcoiners — enthusiasts of the world's most popular cryptocurrency — aren't supposed to trust government. Tweets: @timmuth , @fredbenenson , @schwarz , @stalfel , @gladstein , @nytopin...
Pinterest CEO Ben Silbermann is stepping down and transitioning to executive chairman, to be replaced by Google's president of commerce Bill Ready
and Google's e-commerce exec takes the reins Mahira Dayal / The Information : Pinterest Bets Big on Commerce With CEO Hire; A Science Creator Shuns YouTube Ad Share Abner Li / 9to5Google : Google lose...
Shopify launches expanded NFT integrations for merchants, including letting customers unlock special products, perks, and experiences
Tomio Geron / Protocol : Tweets: @mdudas , @dennishegstad , and @bradmichelson Tweets: Mike D🫡das / @mdudas : merchants are going to love having the ability to market directly to nft communities, big...
A look at the evolution of crypto staking, from a useful tool to a quasi-Ponzi scheme, and how Yuga Labs is effectively paying people in ApeCoin to hold ApeCoin
Recently, I was contacted by a member of the board of ApeCoin, which is the BAYC token's equivalent of a board of directors I guess. Tweets: @cobie , @degenspartan , @cobie , @choffstein , @deezefi , ...