| Nikhilesh De / CoinDesk: |
The Securities Commission of The Bahamas says it didn't order FTX to reopen withdrawals for Bahamas-based customers, refuting FTX's statement — FTX said last week it had allowed Bahamas-based customers to withdraw funds at its regulators' request. — Crypto exchange FTX was not required … | Financial Times: |
FTX's balance sheet shows $900M in liquid assets the day before bankruptcy, including $470M in Robinhood shares owned by an SBF entity not in bankruptcy filings — Vast gap highlights the dire state of Sam Bankman-Fried's exchange before it collapsed into bankruptcy| Bradley Saacks / Semafor: |
Sources: Sam Bankman-Fried and most of his inner circle are still in the Bahamas but many senior FTX employees left for Hong Kong and elsewhere in recent days — Nassau, Bahamas — Many of the dozens of senior employees who work at FTX in the Bahamas, where the embattled crypto exchange is headquartered … | CoinDesk: |
| MacKenzie Sigalos / CNBC: |
| Molly White / Web3 is going just great: |
| Ina Fried / Axios: |
Sources: Twitter starts cutting an unspecified number of contractors in various fields, including content moderation, real estate, marketing, and others — After laying off half its staff earlier this month, Twitter on Saturday started culling its vast ranks of contract staff, sources confirmed to Axios.| Adrienne LaFrance / The Atlantic: |
Elon Musk is failing to convince people that Twitter is a town square, telling users what they can and can't say for a laugh and charging $8 for the privilege — Recently, comedy clubs have begun doing this thing that seemed, when I first encountered it, both wildly hypocritical and more than a little sad.| Financial Times: |
A profile of Changpeng Zhao, as sources describe a divisive entrepreneur on a relentless drive to grow at all costs, including by ignoring regulatory compliance — The Binance founder's actions left Sam Bankman-Fried's FTX filing for bankruptcy — On Tuesday afternoon Changpeng Zhao … | Aisha Malik / TechCrunch: |
YouTube is introducing a new “Live Q&A” feature to make it easier for creators to select and manage questions from viewers in the chat during livestreams — YouTube is introducing a new “Live Q&A” feature that is designed to make it easier for creators to interact with viewers during livestreams.| Fred Pennic / HIT Consultant: |
Fathom, which develops AI for automating medical coding, raised a $46M Series B led by Alkeon Capital and Lightspeed, bringing its total funding to $61M — What You Should Know: — Fathom, an AI-powered medical coding automation platform raises $46M in Series B funding co-led … | Justin Dawes / Skift: |
Kyte, which offers on-demand car rentals in 14 US cities, raised a $60M Series B led by InterAlpen, bringing its total funding to about $300M in equity and debt — Skift Take … Three travel tech startups raised nearly $202 million this week. — >>Kyte, an app that offers on-demand car rentals … | Claudia Adrien / Channel Futures: |
Tampa-based Rewst, a robotic process automation startup serving managed service providers, raised a $21.5M Series A led by OpenView — Rewst, a company whose robotic process automation (RPA) platform serves MSPs, has received $21.5 million in funding to advance product development.| Kari McMahon / The Block: |
London-based Archax, the UK's only digital asset exchange licensed by the Financial Conduct Authority, raised a $28.5M Series A led by investment firm abrdn — Archax, the UK's only digital asset exchange to be licensed by the Financial Conduct Authority, has raised $28.5 million in a Series A fundraising round.
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| Jon Victor / The Information: |