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Who’s profiting from the Bored Ape digital land sale?

TechCrunch

Crypto Bahamas signals stronger ties between old and new worlds of finance. Decrypt wrote that “OpenSea set a new one-day record for Ethereum NFT trading on Sunday with $476 million,” with the publication adding that “much” of the sum came from Otherdeed activity. But I wonder.

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Remembering the startups we lost in 2022

TechCrunch

Airlift, once one of Pakistan’s most richly valued and funded startups, shut down in July due to lack of capital and an unsuccessful attempt to close a funding round. Before that, the commerce service platform raised $85 million in the country’s largest Series B funding, at a valuation of $275 million. The next day, the U.S.

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FTX processed billions monthly in Africa before going bust

TechCrunch

Most FTX customers have been unable to withdraw their funds from the platform as the Bahamas-headquartered company goes through bankruptcy proceedings. And if they were a shareholder, we would have had to file a change of control in the UK, where we’re licensed. It’s public record that it never happened.

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