Techmeme
June 28, 2022, 2:25 PM

Top News

Charlie Warzel / The Atlantic:
a16z's Marc Andreessen and Packy McCormick failing to coherently explain Web3 use cases demonstrates the hollowness of the space, often obscured by boosterism  —  I cannot stop watching crypto profiteers get owned. … I cannot stop watching videos of Web3 boosters failing to explain the usefulness of the technology.
Bloomberg:
After freezing withdrawals, crypto exchange CoinFlex plans to issue up to 47M Recovery Value USD tokens, offering a 20% annual return, to repay a $47M debt  —  Cryptocurrency exchange CoinFlex plans to raise funds by issuing a new token that will offer a 20% annual return …
TechCrunch:
Analysis of Stardust period tracking app, the top free app on the US App Store on June 25, shows it shares users' phone numbers with analytics company Mixpanel  —  The app was found sharing users' phone numbers with an analytics firm  —  Period tracking app Stardust surged to the top …
Olivia Snow / Wired:
Mike Butcher / TechCrunch:
A look at Plural, a €250M early-stage fund led by Wise co-founder Taavet Hinrikus, Teleport co-founder Sten Tamkivi, Songkick co-founder Ian Hogarth, and others  —  Until recently Taavet Hinrikus, cofounder of Wise, and Sten Tamkivi, cofounder of Teleport, had banded together as a sort of ‘mini Angel brand’ known as “Taavet+Sten”.

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More News

Joey D'Urso / @josephmdurso:
Documented:

Earlier Picks

Ashley Gold / Axios:
Allison Johnson / The Verge:
Jacquelyn Melinek / TechCrunch:
Emma Roth / The Verge:
Andrew Rummer / The Block: