An investigation by federal prosecutors into whether bitcoin’s rise last year was fueled in part by market manipulation has homed in on the crypto exchange Bitfinex and Tether, a company that is run by the same management team as Bitfinex. The probe, reported by Bloomberg, comes after researchers at the University of Texas alleged that Tether, which issues a $1 token said to be backed by reserves...
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The Weekend Startups AI
The Shaky Mental State of Silicon Valley
Hi, welcome to your Weekend! Next month, when the San Francisco Board of Supervisors reconvenes after its summer recess, one of the matters up for discussion will be a resolution to decriminalize the use of psychedelics. While San Franciscans have never needed Board approval to partake in the wonders of nature, you can bet plenty of tech workers around town will be rooting for a yay...
Peloton Announces Job Cuts, Store Closures and Price Hikes
South Korea’s Mirae Asset Management Led $250 million SpaceX Investment
Founder of Crypto Exchange Houbi in Talks to Sell Stake for $1 Billion
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