Joe Light / Bloomberg:
Coinbase amends claims on its website that USDC is backed 1:1 by USD, after Circle disclosed in July that commercial paper and other assets back USDC — - Some assets of second-largest stablecoin carry default risk — Coinbase as late as this month claimed coin is backed by cash
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Wednesday, August 11, 2021
Coinbase amends claims on its website that USDC is backed 1:1 by USD, after Circle disclosed in July that commercial paper and other assets back USDC (Joe Light/Bloomberg)
Singapore-headquartered Parcel Perform, which offers shipping logistics tools to e-commerce companies, raises $20M Series A led by Cambridge Capital (Manish Singh/TechCrunch)
Manish Singh / TechCrunch:
Singapore-headquartered Parcel Perform, which offers shipping logistics tools to e-commerce companies, raises $20M Series A led by Cambridge Capital — Singapore-headquartered Parcel Perform, which connects merchants with e-commerce carriers and provides shipment tracking features …
Predictive sales startup People.ai raises $100M from Mubadala Investment and Akkadian Ventures at a $1.1B valuation, up from $400M in 2019 (Bloomberg)
Bloomberg:
Predictive sales startup People.ai raises $100M from Mubadala Investment and Akkadian Ventures at a $1.1B valuation, up from $400M in 2019 — - Silicon Valley's People.ai valued at $1.1 billion after round — Mubadala's AlBanna sees ‘multiple winners’ in sales software
Sennheiser IE 300 Audiophile Earphones Review
Thinking of Buying Cryptocurrency? Here's How You Do It
Facebook open sources Time Card, its PCIe-based timekeeping tool that uses atomic clocks and navigation satellites to keep devices and data centers in sync (Stephen Shankland/CNET)
Stephen Shankland / CNET:
Facebook open sources Time Card, its PCIe-based timekeeping tool that uses atomic clocks and navigation satellites to keep devices and data centers in sync — The social network giant gives away its hardware and software designs that can keep data centers humming efficiently.
Docs: Israeli AI chip startup Hailo is pursuing an urgent IPO via a SPAC merger at a valuation of less than $500M; it was last valued at $1.2B in 2024 (Meir Orbach/CTech)
Meir Orbach / CTech : Docs: Israeli AI chip startup Hailo is pursuing an urgent IPO via a SPAC merger at a valuation of less than $500M; ...
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The first project we remember working on together was drawing scenes from the picture books that our mom brought with her when she immigrate...
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Sohee Kim / Bloomberg : South Korean authorities are investigating a data leak at e-commerce giant Coupang that exposed ~33.7M accounts; ...