Documents and sources: Abu Dhabi's Sheikh Tahnoon bin Zayed Al Nahyan backed a $500M investment for a 49% stake in WLF, four days before Trump's inauguration
$500 million investment for 49% of World Liberty came months before U.A.E. won access to tightly guarded American AI chips
Documents and sources: Abu Dhabi's Sheikh Tahnoon bin Zayed Al Nahyan backed a $500M investment for a 49% stake in WLF, four days before Trump's inauguration
$500 million investment for 49% of World Liberty came months before U.A.E. won access to tightly guarded American AI chips
The Trump administration exempts smartphones, laptops, hard drives, processors, memory chips, and machines used to make semiconductors from “reciprocal tariffs”
President Donald Trump's administration exempted smartphones, computers and other electronics from its so-called reciprocal tariffs …
The Trump administration exempts smartphones, laptops, hard drives, processors, memory chips, and machines used to make semiconductors from “reciprocal tariffs”
President Donald Trump's administration exempted smartphones, computers and other electronics from its so-called reciprocal tariffs …
The Trump administration exempts smartphones, laptops, hard drives, processors, memory chips, and machines used to make semiconductors from “reciprocal tariffs”
President Donald Trump's administration exempted smartphones, computers and other electronics from its so-called reciprocal tariffs …
Trump launches World Liberty Financial, a DeFi lending project on Ethereum underpinned by the WLFI governance token; up to 63% of WLFI to be sold to the public
- Donald Trump helped unveil a few details of his highly anticipated cryptocurrency project, World Liberty Financial, on Monday night.
As the “Bank of Startups”, Silicon Valley Bank collapsed from its exposure to interest-rate risk, a lack of diversity among depositors, and VC herd mentality
an unsecured illiquid claim on a failed bank. Absent @jpmorgan @citi or... https://twitter.com/... Bob Elliott / @bobeunlimited : Fed/FDIC decisions on SVB determine whether they r...
As the “Bank of Startups”, Silicon Valley Bank collapsed from its exposure to interest-rate risk, a lack of diversity among depositors, and VC herd mentality
Programming note: Money Stuff was supposed to be off today, but: bank run! — SVB
Sam Bankman-Fried publishes a Substack post offering his account of how FTX collapsed, sticking to his claims of innocence, even as ex-executives plead guilty
Disgraced FTX founder Sam Bankman-Fried on Thursday published his account of how the crypto company collapsed.
The SDNY says ex-Alameda CEO Caroline Ellison and FTX CTO Gary Wang pleaded guilty to federal charges, both are cooperating, and releases them on a $250K bond
Caroline Ellison and Gary Wang helped disgraced crypto mogul divert funds and are now aiding prosecutors
Sources: FTX's derivatives exchange LedgerX is for sale, attracting interest from Blockchain.com, Gemini, and others; Nov. 17 filing: LedgerX had ~$303M in cash
LedgerX, one of the few solvent pieces of Sam Bankman-Fried's crumbled FTX empire, is for sale and attracting interest …
Sources: Alameda sheltered FTX from an up to $1B loss in April 2021 after an FTX trader's MobileCoin trade went bad, wiping out Alameda's 2021 profits
Financial Times :
Sources: a Meta probe that began in Fall 2021 is investigating Sandberg's use of corporate resources for personal projects, including her Lean In foundation
Review focuses on the extent to which staffers worked on her personal projects — The lawyers investigating Facebook operating …
Sheryl Sandberg is leaving Meta this fall after 14 years, and chief growth officer Javier Olivan will take over as COO; Sandberg will stay on Meta's board
Sheryl Sandberg is stepping down from her role as Chief Operating Officer at Meta, the company formerly known as Facebook. Source: Sheryl Sandberg .
Docs: SpaceX paid $250K to settle a flight attendant's allegation that Elon Musk exposed himself and offered a horse in exchange for an erotic massage in 2016
Complications for the Twitter deal? Bill Chappell / NPR : Elon Musk denies a report accusing him of sexual misconduct on a SpaceX jet Abram Brown / Forbes : How The Sexual Miscondu...
Elon Musk says his Twitter takeover “cannot move forward” until the CEO proves bots are <5% of users, since his offer was based on “SEC filings being accurate”
Good morning! If Parle gave India Thums Up, Goldspot … Tweets: Elon Musk / @elonmusk : Twitter claims that >95% of daily active users are real, unique humans. Does anyone have tha...
Twitter's board says it intends to “close the transaction” at the agreed price and “enforce the merger agreement”
New York CNN Business — … Who wants to own Twitter? Maybe Elon Musk doesn't. Sure, maybe he is causing chaos to extract a lower price from the Twitter board …
Luna Foundation Guard says the company depleted its bitcoin reserves from ~80K to 313 and plans to use its remaining assets to compensate UST users
If crypto continues to integrate into the real economy, cryptocurrency sell-offs could impact ordinary people, especially if there are runs on stablecoins
which is now collapsing Rani Molla / Vox : Is this another tech bubble bursting? Brady Dale / Axios : Terra briefly halts blockchain amid stablecoin uproar Something Interesting : ...
Q&A with retail traders after Terra's crash: some lost their life savings, others shared suicidal ideation on forums, some now acknowledge it's a Ponzi scheme
It took less than a week for the third largest stablecoin and its ecosystem to become virtually worthless, wiping out countless traders' savings.