Sequoia Capital marks down entire $214M FTX stake to zero
The venture capital firm assured partners it ran a rigorous due diligence assessment when it invested in FTX, finding the exchange to generate $1 billion in revenue and $250 million…
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Bitcoin bulls fail to hold $21K, but pro traders refuse to flip bearish
BTC bears have successfully suppressed Bitcoin price below $25,000 for 147 daily closes, but derivatives data shows no desperation from pro traders
Apple’s absurd new crypto rules expose how out-of-touch it’s become
The rules, which include enormous fees for cryptocurrency users, set the company up for a fight it will be unable to win.
Silicon Valley tech CEOs are not big fans of metaverses
Disney’s CEO said the company doesn’t tend to use the word metaverse, as it believes it’s a very broad term.
Apple Unveils Stricter App Store Rules for Crypto and NFTs — Critic Says Firm Wants to Keep Money in Its Ecosystem
According to Apple’s latest guidelines for developers seeking to have their apps included in the App Store, crypto exchange applications should only facilitate the transfer of crypto funds to approved…
Apple’s New NFT Policy Sparks Controversy
Recent changes to Apple’s NFT policy have sown division within the crypto and tech communities. Apple Updates NFT Policy Apple’s NFT policy is generating controversy. On October 24, Apple updated...
New Apple rules double down on 30% NFT ‘tax’ and geo-limits exchanges
Apple has published rules for NFTs for the first time while clarifying rules around cryptocurrency payments and crypto exchanges.
Nodes are going to dethrone tech giants — from Apple to Google
Decentralized systems are slowly putting power back in the hands of developers and users — and taking it away from Big Tech companies.
A crumbling stock market could create profitable opportunities for Bitcoin traders
U.S. tech giants are set to report their second quarter earnings throughout October, presenting a scenario that could possibly benefit Bitcoin.
‘Grotesquely overpriced’ — Apple’s App Store wants 30% cut on NFT sales
While the commission is standard for Apple, some have expressed their displeasure at the company's “grotesquely overpriced” cut of sales.