Too many customers, all at once, can expose serious weaknesses in a company} of any size. Read More
Tag: cryptocurrency
Activision Blizzard isn’t coming totally clean yet
If the video game company truly wants to rehab its tarnished image, executives need to release results of internal investigations into workplace culture. Read More
Venture capital firms are shoveling cash at companies building Web3. Here’s what comes next
Alchemy and Polygon announced this week they have raised hundreds of millions in funding. Read More
How $323M in crypto was stolen from a blockchain bridge called Wormhole
Enlarge (credit: Getty Images) This is a story about how a simple software bug allowed the fourth-biggest cryptocurrency theft ever. Hackers stole more than $323 million in cryptocurrency by exploiting a vulnerability in Wormhole, a Web-based service that allows inter-blockchain transactions. Wormhole lets people move digital coins tied to one blockchain over to a different blockchain; […]
GameStop’s next big move: Crypto and venture capital
The video game retailer is clutching at an opportunity to regain relevance after a slew of retail investors saved its balance sheet. Read More
Video game companies are arming up for battle
Three big acquisitions this month show an industry in flux and readying with regard to change. Read More
Apple cashes in on its Mac chip bet
The world’s most valuable company went all-in on its own chips—and customers love them. Read More
Washington grinds Diem to a halt
The Mark Zuckerberg-backed crypto effort appears DOA amid regulatory wavering. Read More
Amid SEC battle, crypto company Ripple Labs buys back its Series C investment
In an unusual move for a startup, the cross-border payments company has taken its governance and dividends rights back—for a premium. Read More
Meta’s cryptocurrency ploy all but dead with Libra/Diem seeking to sell assets
Enlarge / With an image of Federal Reserve Bank Chairman Jerome Powell on a screen in the background, Facebook/Meta co-founder and CEO Mark Zuckerberg testifies before the House Financial Services Committee on October 23, 2019, in Washington, DC. (credit: Chip Somodevilla/Getty Images) After years of effort, Meta’s cryptocurrency initiative has collapsed under the weight of […]