Technology
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A look at what went wrong at decentralized lending protocol Maple Finance, as $54M in loans, or 66% of its lending pools, turn bad and what could happen next (Krisztian Sandor/CoinDesk)
Krisztian Sandor / CoinDesk: A look at what went wrong at decentralized lending protocol Maple Finance, as $54M in loans,…
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South Korean prosecutors believe Do Kwon, who founded the collapsed TerraUSD and LUNA, is hiding in Serbia, traveling via Dubai from Singapore in October (Song Jung-a/Financial Times)
Song Jung-a / Financial Times: South Korean prosecutors believe Do Kwon, who founded the collapsed TerraUSD and LUNA, is hiding…
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Mazar's Binance recent "proof of reserve" report only covers a small set of financial data, raising fresh questions about Binance's ability to meet obligations (Jonathan Weil/Wall Street Journal)
Jonathan Weil / Wall Street Journal: Mazar’s Binance recent “proof of reserve” report only covers a small set of financial…
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Microsoft acquires a 4% stake in the London Stock Exchange, valued at around £1.6B, as part of a 10-year agreement for data and cloud infrastructure (Amy Thomson/Bloomberg)
Amy Thomson / Bloomberg: Microsoft acquires a 4% stake in the London Stock Exchange, valued at around £1.6B, as part…
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Sources: Thoma Bravo is in advanced talks to acquire Coupa Software, which helps companies manage their spending, after outbidding Vista Equity Partners (Bloomberg)
Bloomberg: Sources: Thoma Bravo is in advanced talks to acquire Coupa Software, which helps companies manage their spending, after outbidding…
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Twitter's Community Notes, the crowd-powered feature to fact check tweets previously known as Birdwatch, starts rolling out to all users globally (Igor Bonifacic/Engadget)
Igor Bonifacic / Engadget: Twitter’s Community Notes, the crowd-powered feature to fact check tweets previously known as Birdwatch, starts rolling…
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The subpar performance of FAANG stocks, which account for more than 10% of the S&P 500 weighting, will be a big drag on the market in the coming years (Kit Rees/Bloomberg)
Kit Rees / Bloomberg: The subpar performance of FAANG stocks, which account for more than 10% of the S&P 500…
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