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US Department of Justice creates cryptocurrency enforcement unit

The Verge

The National Cryptocurrency Enforcement Team (NCET) will handle investigations of “crimes committed by virtual currency exchanges, mixing and tumbling services, and money laundering infrastructure actors,” the agency said in a news release. The team will be under the supervision of Assistant Attorney General Kenneth Polite Jr.

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Daily Crunch: GoMechanic lays off 70% after investors discover ‘founders knowingly misstated facts’

TechCrunch

It’s full of surprises and powerful bits — give yourself a 9-minute break and give it a listen! — Christine and Haje The TechCrunch Top 3 More layoffs : Sequoia-backed GoMechanic is the latest to make sweeping layoffs after funding didn’t materialize in time, Manish reports.

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Candela’s hydrofoiling electric boats attract $24M investment in a bid for cleaner seas

TechCrunch

But while the company does hope to sell as many of these as possible to the Monaco and Dubai crowd, the bigger opportunity may be in public transport, of all things. The money will be used to expand the R&D team and scale up production with automated tools.

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Pear hosted its invite-only demo day online this year; here’s what you might have missed

TechCrunch

Eventually, the idea is to also use the granular insights it’s garnering and sell these to hedge funds, state governments, and other outfits that want a better handle on what’s coming — be it around food security or climate changes. Wagr sets the right odds and handles the money. Website: exporta.io.

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Robinhood is moving into banking services with luxury perks and same-day cash delivery

Engadget

There will be the option to send money to others in more than 100+ countries and, handily for those who are tired of traipsing to an ATM, you can have cash delivered to your door the same day you request it (depending on your location). There will be the ability to link external bank accounts so you can better track your total net worth too.

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