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Another day, another crypto hack. This time it’s Korea, the crypto-mad Asian country, where an exchange called Coinrail lost more than $40 million in altcoins, ICO-issued tokens that aren’t bitcoin or Ethereum, after it was hit by an apparent attack over the weekend. Korea may be a hot spot...
Media businesses are in the dumper. Every week, we hear of new layoffs, budget cuts, diminished editorial quality and more, way more. And yet, somehow, miraculously, more than 3,000 journalists managed to find the funds to travel to Singapore to cover the Kim-Trump Summit Extraordinaire this week. How many...
“So what’s going on here then?” I ask. “Two good friends just got even better ,” replies TransferWise co-founder Kristo Käärmann laughing, while Monzo co-founder Tom Blomfield, who is also on the video call, smiles approvingly. “Sorry for spoiling your news,” I tell the pair, who I’m interviewing...
Honestly, “gaming disorder” sounds like a phrase tossed around by irritated parents and significant others. After much back and forth, however, the term was just granted validity, as the World Health Organization opted to include it in the latest edition of its Internal Classification of Diseases. The volume, out...
A couple of weeks ago, Airbnb announced some major changes to the ways it compensates employees before it goes public. At least two former Airbnb employees and a longtime VC will be ready to fund those who leave when it does. They’ve been waiting on this moment since last...
Because cryptocurrency prices are almost comically volatile owing to challenges involved in valuing them, it’s hard to know when or why to sell. Enter crypto-asset backed loans, around which a small but growing number of startups is beginning to spring up. The idea is to lend money to cryptocurrency...
If you were at Disrupt London four years ago you may remember more than a little awkwardness during an investor panel when two VCs that had invested in European payday loans firm Wonga declined to comment on what had gone wrong at their portfolio company in the wake of a £220M...
If you watch Ant-Man and the Wasp hoping for clues to the aftermath of Avengers: Infinity War, you’ll probably be disappointed: Although the just-released film coming out a few months after Infinity War, Ant-Man and the Wasp actually takes place earlier, and it’s focused almost entirely on the personal...
Ribbit Capital, the financial technology investment firm whose portfolio includes hits like the no-fee mobile investment platform Robinhood; cryptocurrency wallet and marketplace provider Coinbase; and Root Insurance, the automotive insurance platform that just joined the billion-dollar startup club; is raising $420 million for its latest fund, according to a filing with...
Another social media domino has fallen for Infowars. After bans this morning from Apple and Facebook, Google followed suit by terminating Alex Jones’ page for “violating YouTube’s Community Guidelines,” according to a bright red bar that now graces the page. The embattled, conspiracy peddling host’s Infowars page, which until...