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☆ A VC and former student-athlete who played with Aaron Rodgers breaks down 7 big opportunities in the burgeoning NIL startup scene
▼ + stars: | 2024-04-29 | by ( Tiara White | ) www.businessinsider.com time to read: +3 min

Today, the venture capitalist is looking to invest in startups in the name, image, and likeness space transforming college sports. NIL, as it's called for short, has become big business since 2021, when student-athletes gained the right to make money from it. Some college athletes are making millions from brand and sponsorship deals, and a cottage industry has cropped up to support the rapidly changing industry. He and his partners also raised $25 million in 2021 for a venture-capital firm, Fiat Ventures, which invests in early-stage companies in the fintech space, per its website. After months of researching and talking to startups, Glover broke down the seven biggest opportunities he sees in the NIL industry:

Persons: Drew Glover, Aaron Rodgers, Cameron Jordan, Marshawn Lynch, Glover, couldn't, Jonathan Ferrey, Vint, he's, He's Organizations: University of California, Business, California, Fiat Growth, Fiat Ventures, LinkedIn Locations: Berkeley, Berkeley , California

☆ Bitcoin miners brace for impact as halving goes live
▼ + stars: | 2024-04-21 | by ( Mackenzie Sigalos | ) www.cnbc.com time to read: +17 min

The technical event is relatively simple: Bitcoin miners get paid in bitcoin to validate transactions, and after 210,000 blocks of transactions are computed and added to the main chain, the reward given to the miners securing bitcoin is 'halved.' The aggregate market cap of the 14 U.S.-listed bitcoin miners tracked by JPMorgan analysts declined 28% over the first half of April to $14.2 billion, reaching year-to-date lows. Some have billed the 2024 bitcoin halving as a seminal moment for the mining sector. Marathon, along with other mining firms, has begun diversifying its business model into ancillary operations beyond purely bitcoin mining. Sullivan continued, "Bitcoin mining sites can only be repurposed if they meet the attributes that are required for HPC.

Persons: AUSTIN , TEXAS — Adam Sullivan, bitcoin, Sullivan, they'll, it's, Core's Sullivan, Bitdeer, Needham, Haris Basit, Basit, Cantor Fitzgerald, Greg Beard, Beard, Bitdeer's, Jason Les, Les, Fred Thiel, Capex, Thiel, Stronghold's Beard, Nic Carter, Blackrock, Bill Barhydt, Barhydt, Island's Carter isn't, Carter, CoinShares Organizations: bitcoin, CNBC, JPMorgan, Cipher, Bitdeer Technologies, Mining, Miners, Riot, Island Ventures, Circuits, Nvidia, CoreWeave, Bitcoin, HPC Locations: AUSTIN , TEXAS, Texas, bitcoin, U.S, Rockdale , Texas, Singapore, Bitcoin, Hong Kong, Abra, Europe, Dalton , Georgia, North America

☆ To the moon! Suddenly the crypto market is back to its bubble-era peak.
▼ + stars: | 2024-04-05 | by ( Peter Kafka | ) www.businessinsider.com time to read: +1 min

Crypto investing peaked in November 2021But now crypto is nearly back to those levels. It's hard to explain why crypto is back, which means it could just as easily go away again. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Let me be more specific: There's not a ton of visible interest in people pitching cryptocurrency as the building block for technologies that will reorder the world. But there's a ton of visible interest in buying cryptocurrencies.

Persons: Crypto, —, Sam Bankman Fried Organizations: Service Locations: Miami, cryptocurrencies

☆ How the businessman who blew up MoviePass tried to create a 'TikTok killer' and cost investors millions
▼ + stars: | 2024-04-01 | by ( Ashley Rodriguez | Jason Guerrasio | ) www.businessinsider.com time to read: +22 min

At Vinco, Farnsworth employed several of the same tactics that he had at MoviePass and at his earlier ventures. "Ted took these press releases and really treated them like they were works of art for him," Matt Argall, a former advisor to Farnsworth, told BI. Hudson Bay has not been served the lawsuit as of the publication of this story. "Hudson Bay's investment in Vinco Ventures was a standard, fixed price convertible loan of which millions remain unpaid," Hudson Bay told BI in a statement. "If served, Hudson Bay will seek to have these baseless, factually flawed and frivolous claims, which have been repeatedly dismissed in other proceedings against other parties, dismissed expeditiously."

Persons: MoviePass, Ted Farnsworth, Maria Bartiromo, he'd, Farnsworth, Jaeson Ma, Ted Farnsworth playbook, Ted, Barnum, John Fichthorn, I've, Shadwrick Vick, Rudy, Vick, Roderick Vanderbilt, who's, hocking, La Toya Jackson, Helios, Matheson, Brian Quinn, Farnsworth's, Michael Hartstein, Vinco, Matt Argall, Mitch Lowe, Reuters Farnsworth, David, Goliath, TikTok, We're, Argall, Elton John, Jamie McCarthy, Lomotif, Lil Nas X, Snoop Dogg, Grimes, Zash, Allan Stern, Get2it, Stern, Robert N, Scola Jr, Scola, he's, —, Lowe, Getty, Dave Kotinsky, Stringer Vinco, expeditiously, Farnsworth —, Vanderbilt, Jesse Law, Katherine Long Organizations: Fox Business, Hollywood, Business, Zash Global Media, Entertainment, Vinco Ventures, Fox, Hudson Bay, BI, Helios, Matheson, Matheson Analytics, Boston College Law School, Palladium Capital Group, Vinco, BHP Capital, Armistice, CVI Investments, National Enquirer, Reuters, AMC Theatres, AMC, Gemini Valuation, Hudson, Eightco Holdings, Elton John AIDS Foundation, 91st, EDC, Tampa Marriott, SEC, Publishing, National Examiner, Globe, The New York Times, Southern, Southern District of, Bloomberg, Bay, Vanderbilt, Federal Bureau of Investigation Locations: Hudson, Vinco, Zash, Hudson Bay, China, Syracuse , New York, Lomotif, Syracuse, West Hollywood , California, Vegas, Tampa, Argall, Boston, India, The, Miami, MoviePass, Southern District, Southern District of Florida, New York

☆ 4 party entrepreneurs bought 'Beer Can Island' in Florida's Tampa Bay for $63,000. They're now selling it for $14 million.
▼ + stars: | 2024-03-23 | by ( Cameron Manley | ) www.businessinsider.com time to read: +5 min

'Beer Can Island' in Florida's Tampa Bay has been listed for sale at $14.2 million. AdvertisementA party venue with a difference in Florida's Tampa Bay is up for sale for $14.2 million. Pine Key is an island in the middle of Tampa Bay, created by a state dredging project. Others weren't so keen on the friends' business planWhile many enjoyed the friends' decision to pimp out the island, some were less sure. Last year, it was submerged under five feet of water during Hurricane Idalia, the Tampa Bay Times reported.

Persons: —, Russell Loomis, We've, we're, Loomis, It's, Cole Weaver, James Wester, John Gadd, They've, Weaver, Hurricane Idalia Organizations: Service, The Times, Times, Fox, Tampa Bay Times Locations: Florida's Tampa, London, Tampa Bay, Weaver, Hurricane

☆ This guy is serious about crypto, but his joke character has gone viral
▼ + stars: | 2024-03-13 | by ( Peter Kafka | ) www.businessinsider.com time to read: +6 min

Read previewLike a lot of people, Nick O'Neill got the crypto bug during the pandemic. But then he stumbled into a bit of viral fame: A joke post he made boasting about his crypto prowess took off, fueled in part by people who didn't realize he was joking. "Choose rich" is O'Neill's catchphrase, which is mostly a joke, but also very similar to things people used to say on crypto Twitter, for real. AdvertisementPeter Kafka: You make this thing that is a little sincere but is mostly a joke, and it triggers people who don't think it's a joke. Peter Kafka: I couldn't tell if you were satirizing crypto, or crypto culture, or Twitter/X culture.

Persons: —, Nick O'Neill, he's, O'Neill, Crypto, There's, Peter Kafka, That's, It's, bro, Solana, NFTs, Dan Bilzerians, there's, you've, X Nick O'Neill, Dave Portnoy's Organizations: Service, Business, pic.twitter.com, Twitter, MySpace, Washington Locations: Miami, Solana

☆ Bitcoin's back on top, but it's not a boon for everyone in the space
▼ + stars: | 2024-03-05 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +7 min

In today's big story, we're looking at bitcoin's latest rally and what's driving it so high this time around . The milestone comes amid a massive rally for bitcoin over the past month, where its price has surged almost 60%. Business Insider's Phil Rosen has a full rundown on what's pushing bitcoin's price so high this time . SOPA Images / GettyA boon for bitcoin doesn't mean everyone in the space wins. The insider I spoke to said there's no single, agreed-upon narrative for what's driving crypto toward a new peak.

Persons: —, you've, Phil Rosen, BlackRock's, Jamie Dimon, there's, Tom Williams, Doom, Roubini, BofA, Li Qiang, headwinds, Mark Zuckerberg's, Andrew Bosworth, Sam Altman's, Altman, Hugo Herrera, Lachlan Murdoch, Nordstrom, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, George Glover Organizations: Service, Business, Bitcoin, JPMorgan, Bank of America, Beijing, Apple, Getty, European Commission, Employees, BI, Boomers, Fox, Target Locations: bitcoin, China, Chengdu, Southwest China's Sichuan, New York, London

☆ Want to invest like Warren Buffett? Ignore pundits and 'never risk permanent loss of capital,' says the billionaire
▼ + stars: | 2024-02-26 | by ( Ryan Ermey | ) www.cnbc.com time to read: +3 min

While she has some knowledge of how accounting works, Buffett writes, she wouldn't pass a CPA exam. A major asset for Bertie and investors like her: "She is sensible — very sensible — instinctively knowing that pundits should always be ignored," says Buffett. "Bertie understands the power — for good or bad — of incentives, the weaknesses of humans, the 'tells' that can be recognized when observing human behavior," Buffett writes. And so far, so good," Buffett writes. "Soon, things turned around and now that index hovers around 38,000," Buffett writes.

Persons: Warren, Berkshire Hathaway, you'll, Buffett, Bertie —, Bertie Organizations: Berkshire, YouTube, Dow Jones Locations: Berkshire, America

☆ A sculpture by Jeff Koons has become the first 'authorized' artwork on the moon
▼ + stars: | 2024-02-23 | by ( Mia Jankowicz | ) www.businessinsider.com time to read: +3 min

Artist Jeff Koons has been hailed for putting the first "authorized" artwork on the moon. AdvertisementA sculpture by Jeff Koons has become the first "authorized" artwork on the moon. It represents NASA's first moon mission in 50 years, and the first commercial craft to land on the lunar surface. AdvertisementEach of those spheres is decorated with a precious gemstone that marks the landing site of the corresponding lunar sculpture. Jeff Koons with one of his iconic Balloon Dog sculptures ReutersThe artwork is cautiously being named as the first "authorized" artwork on the moon.

Persons: Jeff Koons, —, Koons, David Bowie, Galileo, Helen Keller, Andy Warhol, Claes Oldenburg, John, F Organizations: Service, NASA, Machines, PBS, Wired

☆ Artist Jeff Koons makes history with a sculpture on the moon
▼ + stars: | 2024-02-22 | by ( Jacqui Palumbo | ) edition.cnn.com time to read: +4 min

Called “Moon Phases,” they show 62 phases of the moon as seen from Earth, 62 phases visible from other viewpoints in space, and one lunar eclipse. Pace Verso, the NFT wing of Pace, is also offering NFTs of each sculpture, while Koons has produced larger, coinciding physical sculptures of his “Moon Phases” to remain on Earth. Koons' "Moon Phases" is visible on the lander's exterior. Intuitive Machines/APThough its arrival marks a milestone, “Moon Phases” is not the only art to touch down on the moon’s surface. But Odie has closed the chapter on a more niche space race — between Koons and the Dubai-based artist Sacha Jafri.

Persons: Odysseus, Jeff Koons, Odie, Koons, Aristotle, David Bowie, Leonardo da Vinci, Gandhi, Billie Holiday, Gabriel García Márquez, Andy Warhol, Virginia Woolf, Koons “, Pace Verso, Paul Van Hoeydonck, It’s, — Andy Warhol, Robert Rauschenberg, John Chamberlain, Claes Oldenburg, Forrest Myers, David Novros —, Sacha Jafri, Jafri, ”, Peregrine Organizations: CNN, SpaceX, Peregrine, Pace, Machines, Apollo Locations: American, Houston, Belgian, India, Japan, Dubai

☆ Trump launches sneaker line
▼ + stars: | 2024-02-17 | by ( Alexandra Marquez | Jason Abbruzzese | ) www.cnbc.com time to read: +3 min

If anyone was waiting for the other shoe to drop in the upcoming presidential race, former President Donald Trump just did, launching his own line of tennis shoes on Saturday. "I've wanted to do this for a long time," Trump said when he announced the launch of a sneaker line at Sneaker Con in Philadelphia. In his brief remarks at the sneaker launch, Trump indicated the line could be an effort to reach out to younger supporters, saying, "We're going to turn this country around fast. The line, called Trump Sneakers, is available for preorder online. Sneaker Con, the venue where Trump debuted the sneaker collection, is an event that started in 2009 and has become one of the premiere events within the broader sneaker culture that has exploded in recent decades.

Persons: Donald Trump, I've, Trump, Sneaker, Joe Biden's, Michael Tyler, Con, Jared Moskowitz, Barack Obama, Armour, Steph Curry Organizations: North, North Charleston Convention Center, Sneaker Con, Trump, Trump Organization, CIC Ventures, Air Force Locations: North Charleston, North Charleston , South Carolina, Philadelphia, cologne

☆ Jack Harlow, Palaye Royale, and other music artists are using blockchain to connect with fans — and build profitable online communities
▼ + stars: | 2024-02-16 | by ( Diana Umana | ) www.businessinsider.com time to read: +11 min

Jack Harlow, Mac Ayres, Palaye Royale, and Disclosure are among the artists leaning into blockchain. To make blockchain more accessible to and approachable for artists and fans, Mith and Medallion have adopted a hybrid model, blending elements of Web2 and Web3 . “So with Medallion, artists have a space for their fans to gather. The choice of blockchain tech, its alignment with specific requirements, and the overall impact on user experience are crucial aspects. Mith's and Medallion's success lies in using blockchain tech that’s seamless and engaging for the end user.

Persons: Jack Harlow, Mac Ayres, Palaye, —, ” Jack Harlow, “, Kamira Roberson, ”, Roberson, Web3, Web2, Taylor Swift’s, Mith, Halle Berry, Emilia Clarke, Harlow, Michelle Sanchez, Sydney Jackson, ” Sanchez, Joe Pitts, ” Pitts, ” Joe Pitts, Jason Cevera, Galantis, Pitts, Emerson Barrett, we’ve, ” Barrett, blockchain, Sanchez Organizations: Service, Twitter, Las Vegas ., Garden, Artists, Jack Harlow Foundation, ”, blockchain, Royal Council, “ Locations: Harlow, Las Vegas, Lexington , Kentucky, Louisville, Kentucky, Palaye Royale, ”

☆ Meet the Man Behind Litquidity, the Anonymous Instagram Account Dominating Wall Street
▼ + stars: | 2024-02-07 | by ( Reed Alexander | Hayley Cuccinello | ) www.businessinsider.com time to read: +26 min

The deck kicked off a game of one-upmanship among Wall Street banks trying to keep their employees happy. Lit capitalized on poking fun at Wall Street culture, selling $35 dad hats that read, "Do You Know Who My Father Is?" There have, of course, been endless rumors about Lit's identity, especially among Wall Street underlings. Wall Street underlings have speculated about Litquidity's identity for years. Basak, one attendee said, wanted to take a "wrecking ball through it all" and hold Wall Street heavy hitters accountable.

Persons: Goldman Sachs, I've, David Solomon, Litquidity, Goldman, Solomon, Evercore, Michael Kovac, Lit, Warburg Pincus, Jamie Dimon, Jamie Dimon's, Banksy, Bennett Jordan, who've, Lit's, — Mark Moran, —, Jefferies, Richard Handler, Spencer Platt, Isaac Laifer, Laifer, Handler, We'd, Henry, Hank, Medina, He's, he's, Jefferies Medina, Bart P, Fuchs, Karl Smith, Mark Moran, Moran, Bloomberg he'd, Zack DeZon, Getty Images Moran, Brian Hanly, Hanly, Sonali Basak, Angela Weiss, cryptocurrency, we'll, Mark, Medina's, weren't, CoinFLEX, Litquidity doesn't, Dave Portnoy, wasn't, Medina Ayden Syal, Kyle Zappitell, Zappitell, he'd, hasn't, Bennett Jordan —, Craig Sjodin, Litney, Paul Argenti, Wall Organizations: Goldman, New York Times, CNBC, Business, Bloomberg, Metropolitan Club of New, Nomura, Citigroup, Financial Times, Litney Partners, Whitney Partners, BI, ESPN, Litquidity, Centerview Partners, New York, Getty, Bain Capital, Litquidity Venture Partners, SEC, Cornell University, Wexford Capital —, Deutsche Bank, Deutsche, CFA, Getty Images, Bullish, Vice, Wall Street, Litquidity's, Manhattan's Rue, Fox Business, Litquidity Ventures, Coatue Management, SAFE, Soho House, Dartmouth University Locations: New York, Tribeca, Metropolitan Club of New York, Instagram, San Francisco, Medina, New York City, Miami, NoHo, Chad, Connecticut, Litquidity, Linktree, Soho

☆ The IRL social startup 222 is moving from LA to NYC as it launches an app and raises $2.5 million
▼ + stars: | 2024-02-05 | by ( Sydney Bradley | ) www.businessinsider.com time to read: +6 min

For the founders behind the IRL social startup 222, it's all about the "magic of the backyard." The 222 team then organizes a multi-stage meetup, which includes a restaurant as well as another venue like a museum or a bar. At its events, 222 wants attendees to feel comfortable and leave "judgment at the door," said Hashemi, 222 's COO. "A lot more people are coming around to this idea of in real-life social," Hashemi said. Kazemian, Hashemi, and Roshannai, meanwhile, want to help swing the pendulum back to IRL — back to real relationships.

Persons: Keyan Kazemian, Danial Hashemi, Arman Roshannai, — Kazemian, Hashemi, Roshannai, Kazemian, —, Catalyst, Arash Ferdowsi, Cory, Catalyst's Niko Bonatsos, Sydney Bradley Organizations: Business, Scrum Ventures, Dropbox, University of Southern, YC, Tech, IRL Locations: Los Angeles, California, New York, New York City, University of Southern California, SoHo , New York

The pay data includes salaries ranging from a data scientist position that offers $170,000 per year at Discord to a staff engineer role that earns $250,000 or more at Patreon. AdvertisementHere are the annual salaries for a job at FaZe Clan:Legal Counsel: $142,273 median starting range; from $133,308 to $194,437FaZe Clan did not respond to BI's request for comment. At LTK, a senior software engineer would make $130,000Courtesy of LTKLTK, formerly known as RewardStyle, is an affiliate-marketing and social-commerce platform used by influencers across Instagram, YouTube, and TikTok. At Teachable, a level II senior software engineer would make $190,000Teachable is a platform where creators can build and sell online courses and coaching programs. Here are annual salary ranges for several jobs at Teachable:Data Analyst : $69,826 to $85,000: $69,826 to $85,000 Senior Software Engineer : $160,000 to $180,000: $160,000 to $180,000 Senior Software Engineer - Core : $150,000 to $170,000: $150,000 to $170,000 Senior Software Engineer II : $190,000: $190,000 Software Engineer: $125,000 to $135,000Teachable did not respond to BI's request for comment.

Persons: upstarts, we're, Justin Kenna, they've, ByteDance, Teachable, Konstantin Savusia, James Nord, Brandon Brown, Ryan Brown, Brian Mechem, Warby Parker, Grin, Amanda Perelli, Anthony, Alex Zaccaria, Nick Humphreys, Linktree's, Amber Venz, Baxter, Read, Sydney Bradley, economy's, Patreon, Chris Best, Jason Henry Substack Organizations: YouTube, Business, FaZe, Safety, Software, Security, Enterprise Security, FaZe Clan, Fohr, Inc, Grin Technologies, Facebook, Keli Network Inc, Business Affairs, Jellysmack, Linktree, Ops, RewardStyle Inc, Networks, Mighty Networks, Mighty Software, Engineering, Sydney, Sydney Bradley One, BI, Staff, Social, Data Engineering, Trust, Quality Assurance, Hotmart, & $ Locations: California, New York, Texas, FaZe, Fohr, Jellysmack, Karat, Linktree, LTK, Instagram, Dallas , Texas, Teachable

☆ Blockchain technology is 'the future of the internet', says key crypto investor Chris Dixon
▼ + stars: | 2024-01-29 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBlockchain technology is 'the future of the internet', says key crypto investor Chris DixonChris Dixon, Andreessen Horowitz general partner, joins 'Squawk Box' to discuss the ramifications of SEC's spot bitcoin ETFs decision, the NFT market, the state of crypto at large, future of crypto regulation, and more.

Persons: Chris Dixon Chris Dixon, Andreessen Horowitz

☆ Watch CNBC's full interview with Andreessen Horowitz general partner Chris Dixon
▼ + stars: | 2024-01-29 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC's full interview with Andreessen Horowitz general partner Chris DixonChris Dixon, Andreessen Horowitz general partner, joins 'Squawk Box' to discuss the ramifications of SEC's spot bitcoin ETFs decision, the NFT market, the state of crypto at large, future of crypto regulation, and more.

Persons: Andreessen Horowitz, Chris Dixon Chris Dixon

☆ X is left with advertisers pushing dubious cryptocurrency and AI 'undressing' apps, users say after Musk's outburst
▼ + stars: | 2024-01-20 | by ( Tom Carter | ) www.businessinsider.com time to read: +6 min

Some X users are complaining the site is overrun with ads pushing crypto and AI "undressing" apps. Social media experts say an advertiser exodus has left X reliant on less reputable buyers. AdvertisementElon Musk's war on advertisers seems to be having some unintended consequences for X. Business InsiderOther suspect advertisements have been spotted on the site, with users also complaining about a surge in ads on their timelines for "undressing" apps. "It also shows the race to the bottom that the X platform has fallen into," he added.

Persons: Elon Musk, —, Elon, xqCDa7Ilgm, kevin harrish, Jeff MacDonald, Mekanism, Hamza Mudassir, Musk, Alex Jones, MacDonald, Linda Yaccarino, X, Matt Navarra Organizations: Social, Service, Business, Twitter, Media, Cambridge University, Apple, Disney, The New York Times, Times, IBM, Walmart

NEW YORK (AP) — Portuguese soccer star Cristiano Ronaldo has been hit with class-action lawsuit seeking at least $1 billion in damages for his role in promoting cryptocurrency-related “non-fungible tokens,” or NFTs, issued by the beleaguered cryptocurrency exchange Binance. Representatives for Ronaldo and Binance, the world's largest cryptocurrency exchange, did not immediately return The Associated Press' requests for comment. Ronaldo launched his inaugural NFT “CR7” collection with Binance back in November of last year, ahead of the 2022 World Cup. Most recently, on X (the platform formerly known as Twitter) Ronaldo reposted a Binance video and wrote that he was “Cooking something up" with the crypto exchange on Tuesday. Over the summer, Binance was accused of operating as an unregistered securities exchange and violating a slew of U.S. securities laws in a lawsuit from regulators.

Persons: Cristiano Ronaldo, Ronaldo, ”, Binance, “, Ronaldo's, NFTs, Changpeng Zhao, Larry David, Tom Brady —, FTX’s, Al Nassr Organizations: Southern District of, Associated Press, Twitter, FTX, Spanish, Real Madrid, Juventus, Manchester United, Saudi Arabian Locations: Portuguese, cryptocurrency, Southern District, Southern District of Florida, Portugal, Hollywood, England

SoFi will no longer be offering crypto trading services starting on December 19, 2023. Account Minimum $0 ($1 for fractional shares; $2,000 for margin trading) Fees 0% ($5/month for Robinhood Gold) Pros Check mark icon A check mark. Buy, sell, or store more than 170 cryptocurrencies like bitcoin and dogecoinCheck mark icon A check mark. Limited staking options Insider’s Take Coinbase is one of the best investment platforms for crypto trading, staking rewards, and crypto storage. The crypto trading app has 24/7 customer support, zero trading fees, learning rewards features, and an online storage wallet.

Persons: SoFi, eToro, Jeremy Zafiros, you'll Organizations: SoFi, Robinhood, Coinbase, Pro, USA, eToro USA, Smart, eToro Trading, eToro, Visa, Mastercard Locations: Blockchain.com, USA, New York , Minnesota , Nevada , Puerto Rico , Tennessee, Hawaii, Guam, American Samoa , Northern Marianas, There's, New York , Nevada , Puerto Rico, American Samoa, Virgin Islands, Abra

☆ More Than 20 Report Burning Eyes After NFT Festival in Hong Kong
▼ + stars: | 2023-11-07 | by ( Callie Holtermann | More About Callie Holtermann | ) www.nytimes.com time to read: 1 min

More than 20 people have reported burning eye pain and vision problems after attending a party for NFT owners in Hong Kong last weekend, the organizers said on Tuesday. The gathering was part of ApeFest, a three-day event hosted by Bored Ape Yacht Club, a group of cryptocurrency enthusiasts who own unique digital images of primates that cost tens of thousands of dollars apiece. Yuga Labs, the parent company of Bored Ape Yacht Club, is in contact with 22 people who had eye problems after the event, said Louise Conroy, a spokeswoman for the company. “We are very distressed by these reports,” Ms. Conroy said in an interview, adding that Yuga Labs was working with an independent firm to investigate the claims. “Regardless of the outcome of the investigation, we intend to do the right thing by our community members.”

Persons: Louise Conroy, ” Ms, Conroy, ” Organizations: Yuga Labs Locations: Hong Kong, ApeFest

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBored Ape NFT creator Yuga Labs responds to eye injury claims from ApeFest event: CNBC Crypto WorldCNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what's ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today's show, David Wachsman, CEO of global blockchain consulting firm Wachsman, explains what's next for the crypto industry following Sam Bankman-Fried's guilty verdict. Wachsman also weighs in on bitcoin's recent rally.

Persons: explainers, David Wachsman, Wachsman, what's, Sam Bankman Organizations: CNBC Crypto, CNBC

☆ Bored Ape creator investigates claims that guests at its NFT event suffered agonizing eye problems because of UV lights on the stage
▼ + stars: | 2023-11-06 | by ( Jyoti Mann | ) www.businessinsider.com time to read: +3 min

Yuga Labs said it's investigating reports of eye problems by people who attended a recent NFT event. It said it was reaching out to attendees of the ApeFest event in Hong Kong to learn more. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementAdvertisementBored Ape creator Yuga Labs said it was aware that some visitors to its ApeFest NFT event last week have reported suffering from painful and burning eye problems. AdvertisementAdvertisementA video shared on X from the ApeFest event showed bright pink lights fitted around the stage and aimed towards the crowd.

Persons: Bloomberg, —, Evan Luthra, Hajime Sorayama, Hypebeast Organizations: Service, Yuga, Bloomberg, photokeratitis, Hong Kong Free Press Locations: Hong Kong, Hong

☆ Sam Bankman-Fried was just convicted. Where does crypto go from here?
▼ + stars: | 2023-11-03 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +8 min

In today's big story, we're looking at Sam Bankman-Fried's conviction and what it means for the future of crypto. Sam Bankman-Fried, the crypto industry's most recognizable face (and head of hair), was found guilty of seven counts of fraud and conspiracy on Thursday night. Charges against Bankman-Fried included wire fraud, conspiracy to commit wire fraud, conspiracy to commit securities fraud, conspiracy to commit commodities fraud, and conspiracy to commit money laundering. The conviction came, perhaps fittingly, on the first anniversary of the CoinDesk scoop that sent FTX, the crypto exchange Bankman-Fried co-founded and led, into a tailspin. The downfall was swift, with Bankman-Fried resigning as CEO and FTX collapsing just over a week after the initial report.

Persons: —, Katie Notopoulos —, Linda Yaccarino, Sam Bankman, Chelsea Jia Feng Down, Crypto, SBF, FTX, Fried, Katie Balevic, Jacob Shamsian, Katie, Chelsea Jia Feng, Miami —, That's, Brian Snyder Jamie Dimon, Jeff Gundlach, Gundlach, Mike Blake, Jack Dorsey, Samantha Lee, Janet Yallen, Sheryl Crow, Missy Elliott, isn't, Dan DeFrancesco, Naga Siu, Hallam Bullock, Lisa Ryan Organizations: Service, Bankman, Alameda Research, Wall, BlackRock, PayPal, JPMorgan, Microsoft, Tech, Financial, Labor Statistics, Hall, Today Locations: FTX's, New York City, San Diego, London, New York

☆ Unlocking the future of the web
▼ + stars: | 2023-11-02 | by ( Sponsor Post | Created Insider Studios With Pwc | ) www.businessinsider.com time to read: +8 min

Web3 technologies, like extended reality and crypto, allow Chipotle to offer more rewarding and innovative loyalty programs. The current bear market in crypto and web3 has been a good thing for customer experiences. Once the goal is clear, this will guide which web3 technologies and strategies can form the right solution. It's a promising new technology that has the potential to revolutionize the way businesses interact with customers. Crucially, web3 isn't a "nice-to-have": It's something all businesses need to adopt to thrive in the future.

Persons: web3, John Rolston, Web3, Rolston, Chipotle, We're, Matthew Blumenfeld, " Blumenfeld, Katie Forrest, Forrest, It's Organizations: Gen, Insider Studios Locations: cryptocurrency, web3

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