President Donald Trump announced that he will suspend travel from Europe to the U.S. for non-U.S. residents for 30 days, in the administration’s latest attempt to limit the spread of the coronavirus. The travel ban won’t apply to the U.K., Trump said. This will deal another blow to online travel giants like Airbnb, Booking Holdings and Expedia. The global travel and hospitality industries...
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The Hullabaloo of Zuzalu: Inside the Secret Pop-up City of Vitalik Buterin’s Dreams
Until it reached its planned obsolescence last week, the mythical city of Zuzalu was an intellectual wonderland. Days at Zuzalu began shortly after dawn at the edge of the Adriatic Sea. In the pursuit of an infinite life, Zuzalans (as they self-identify) enjoyed submerging themselves in the frigid waters of Montenegro at 8 a.m.—and again at 1 p.m., depending on their level of...
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MoonPay CEO, Other Executives Cashed Out Before Crypto Business Dropped
In November 2021, just as crypto prices were hitting all-time highs, MoonPay—a crypto payments startup that celebrities including Jimmy Fallon and Paris Hilton had praised for its non-fungible token “concierge” service— announced it had completed its first ever outside fundraising: an eye-popping $555 million round at a $3.4 billion valuation from investors including Tiger Global Management and Coatue Management.