| Kadhim Shubber / Financial Times: |
In a court filing, CEO Alex Mashinsky said Celsius was owed $439M by a “private lending platform”, which sources say is specialist finance company EquitiesFirst — Specialist finance group owes $439mn to digital assets lender — A mysterious debtor to Celsius Network referenced … | Bloomberg: |
Celsius' Chapter 11 filing shows that its biggest creditor, to which it owes $81.1M, is obscure fund Pharos, which has staff with links to Sam Bankman-Fried — Among the more than 100,000 creditors of Celsius Network Ltd., the crypto lender that filed for bankruptcy on Wednesday, one entity stands out: Pharos USD Fund SP.| Yueqi Yang / Bloomberg: |
| Ivan Mehta / TechCrunch: |
Twitter is testing custom timelines built by developers that list content around specific themes, starting with one about The Bachelorette in the US and Canada — Twitter is testing a new feature that will show users custom timelines built by developers that will merge Tweets … | Dan Goodin / Ars Technica: |
Chainalysis: the 30-day moving average of crypto sent to mixers hit a record $51.8M in April 2022, as funds from sanctioned and criminal groups almost doubled — Despite a significant Achilles' heel, mixers are seeing unprecedented demand. — The amount of cryptocurrency flowing … | Dana Mattioli / Wall Street Journal: |
Sources: Amazon has reduced its white label product selection and considered exiting the business altogether, amid weak sales and mounting regulatory pressure — Executives also have discussed exiting the business entirely to address regulatory pressure — Amazon.com Inc. AMZN 0.21%▲ … | Chris Metinko / Crunchbase News: |
Investment in VC-backed crypto companies fell from a record $12.5B in H1 2021 to about $9.3B in H1 2022, while the number of deals increased from 456 to 534 — The crypto winter is not descending upon just holders of digital currency—but also those startups looking for funding.| Andrew Tarantola / Engadget: |
Meta unveils Make-A-Scene, an exploratory AI research project that combines text-to-image generation and hand-drawn sketch inputs to output 2,048 x 2,048 images — Text-to-image generation is the hot algorithmic process right now, with OpenAI's Craiyon (formerly DALL-E mini) … | Allison Johnson / The Verge: |
Nothing phone (1) review: a good midrange phone with snappy performance, but the glyph notification system is mostly gimmicky and battery performance is subpar — Nothing claims its new Phone 1 can “Bring us back. To us" with “deeper interactions” and “brave simplicity.”| CoinDesk: |
How Voyager Digital, which generated interest on deposits by loaning crypto assets, collapsed after one of its largest borrowers Three Arrows Capital defaulted — In an industry where counterparties are tightly bound together by a weave of debt and leverage, dominoes can fall fast and hard.| Christine Hall / TechCrunch: |
Sydney-based Okendo, which offers e-commerce brands customer review tools, raised a $26M Series A led by Base10 Partners, bringing its total funding to $33.5M — No merchant likes a bad customer review and Okendo, a customer marketing platform, announced $26 million in Series A funding today … | Brian Steinberg / Variety: |
Disney plans to raise ESPN+'s monthly subscription from $6.99 to $9.99 and its annual price from $69.99 to $99.99, 43% increases, starting on August 23, 2022 — The Disney-backed streaming-video sports service intends to raise its monthly subscription fee by $3 a month … | Kate Park / TechCrunch: |
Tokyo-based SmartBank, which offers a prepaid Visa card and personal finance management app in Japan, raised a $20M Series A, bringing its total funding to $30M — Shota Horii, his twin brother Yuta Horii and Jun Taketani co-founded SmartBank in 2019 after selling their previous startup Fablic … | Ryan Browne / CNBC: |
Amazon plans to create 4K+ jobs in the UK in 2022, including in software development and engineering, bringing its permanent workforce in the UK to 75K+ — - Amazon says it will create more than 4,000 permanent jobs in the U.K. in 2022. — The latest hiring push will bring …
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| Paul Krugman / New York Times: |
| Sarah Perez / TechCrunch: |
| Uday Sampath / Reuters: |
| Krisztian Sandor / CoinDesk: |
| Michael McSweeney / The Block: |
| Queenie Wong / CNET: |
| Lucy Harley-McKeown / The Block: |
| Tom Warren / The Verge: |
| Chris Welch / The Verge: |
| Katie Paul / Reuters: |