Fabric, Startup Building ‘VPU’ Chips for Cryptography, Raises $33M

August 19, 2024 Leave a Comment

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Asic taking down average of 20 scam websites a day August 18, 2024
Crypto scams accounted for 615 takedowns, the regulator says, as total number exceeds 7,300 in 12 monthsFollow our Australia news live blog for latest updatesGet our morning and afternoon news emails, free app or daily news podcastMore than 7,300 websites have been taken down in the first year of operation of the Australian Securities and […]
Half of crypto ads on Facebook are scams or violate Meta’s policies, consumer regulator alleges August 14, 2024
ACCC court case against Meta revealed tech giant made money off scam ads using unauthorised star power of public figures including David Koch and Celeste BarberFollow our Australia news live blog for latest updatesGet our morning and afternoon news emails, free app or daily news podcastMore than half of cryptocurrency-related ads on Facebook analysed by […]
Bankrupt crypto exchange FTX ordered by US court to pay customers $12.7bn August 9, 2024
Compensation order comes five months after founder Sam Bankman-Fried was jailed for role in collapseA US court has ordered the bankrupt cryptocurrency exchange FTX to shell out $12.7bn (£9.9bn) to compensate customers and fraud victims, five months after its founder was jailed for his role in the collapse of the company.The Commodity Futures Trading Commission […]
The OC star Ben McKenzie on how crypto took over Hollywood – podcast August 1, 2024
What’s the deal with celebrities promoting cryptocurrencies? This week, Chanté chats to actor and crypto-skeptic Ben McKenzie, star of The OC and Gotham, about how cryptocurrencies infiltrated Hollywood and his transition from actor to investigative journalistArchive: The OC (Fox), Southland (NBC), CBS News, YouTube (Coin Telegraph, Colbertlateshow, CBS Philadelphia, Fox News, ABC News), Apple Music […]
Maga hats, panties and the carnivore diet: my bizarre day at Trump’s Bitcoin 2024 speech July 31, 2024
The ex-president and RFK Jr were among the stars of this year’s Bitcoin conference, where there was no line for the women’s bathroomLast week, downtown Nashville transformed into a carnival as thousands of people descended on the Bitcoin 2024 conference. The most enthusiastic attendees wore bitcoin orange or “Make America great again” red – which, […]

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Body Shop’s remaining UK stores saved after rescue deal agreed September 7, 2024
British cosmetics tycoon Mike Jatania leads consortium to acquire UK’s 113 outlets and outposts in Australia and North AmericaThe Body Shop has been rescued from administration by a consortium led by the British cosmetics tycoon Mike Jatania in a deal that will keep the ethical beauty brand’s remaining 113 UK stores trading.Auréa, the growth capital […]
‘I couldn’t sleep’: victims of UK fraud epidemic tell their story September 7, 2024
With banks set to slash the maximum refund, those who fell prey to scammers recount their trauma … and relief at full repayment“I couldn’t sleep. I was waking constantly thinking about it,” says Stephen of the trauma he felt after discovering he had been scammed out of £70,000 by fraudsters who tricked him into buying […]
Drinking wine to 5: Dolly Parton launches prosecco and rosé range in UK September 7, 2024
Country music star’s ‘down to earth’ range at Asda goes head to head with Kylie for the ‘easy drinking’ top spotWhether it’s 9 to 5, Jolene or Islands in the Stream, Dolly Parton fans are no stranger to belting out her hits with a glass of wine in hand, but now they can sip her […]
Labour’s plans to boost workers’ rights widely supported by managers, poll says September 7, 2024
Survey of business decision-makers comes as TUC hits back at corporate lobbying against the proposalsBusiness live – latest updatesLabour’s plans to boost workers’ rights have widespread support among senior managers, a new survey suggests, as the TUC hits back at corporate lobbying against the proposals.In a poll of business decision-makers commissioned by the union federation […]
An ‘earthquake’ at Volkswagen – and a crisis for Germany? September 7, 2024
The company is seen as crucial not just to local but national wellbeing – and never before have its workers been threatened in their own homeland like this‘Earthquake at Volkswagen” ran the stark headline in the Wolfsburger Nachrichten, the newspaper serving the north German city that is synonymous with the carmaker.The news that the crisis-stricken […]
Sixth-generation wire-maker blames Brexit for shredding its business September 7, 2024
Owner of Ormiston Wire in London urges Keir Starmer not to forget small manufacturers in his dealings with EUThe head of a family-owned company that has made specialist wires and cables for six generations for clients ranging from naval vessels to film sets has blamed Brexit for shredding its business.Mark Ormiston, the owner of Ormiston […]
Revealed: the touts offering Oasis tickets for thousands on resale sites September 7, 2024
Exclusive: ‘Secondary’ ticket platforms have thousands of tickets on sale, listed by seasoned touts or ‘sneaker kids’, based in the UK or overseasThe identities of “greedy” touts who hoovered up tickets for the Oasis reunion tour can be revealed, amid widespread condemnation of fans being exploited by ticket resale platforms.Analysis by the Guardian reveals that […]
US economy adds 142,000 jobs in August as Fed plans to cut interest rates September 6, 2024
Reading for month was shy of the average forecast as headline unemployment rate decreased from 4.3% to 4.2%US employers added 142,000 jobs last month, the labor department announced on Friday, in one of the year’s most closely watched economic news releases.The release comes as the US Federal Reserve prepares to cut interest rates for the […]
OnlyFans owner paid £359m dividend as company’s revenues grow 20% in a year September 6, 2024
Both creator and fan accounts on the platform grew 30% during ‘strong year’ in which its users spent more than £5bnThe owner of the subscription platform OnlyFans was paid a $472m (£359m) dividend last year, taking his payouts from the business since 2020 to more than $1bn.Leonid Radvinsky has received a total of just under […]
Why are the Murdochs trying to buy UK property site Rightmove? September 6, 2024
Eldest son Lachlan may want to repay Rupert for bid to hand him full control by protecting UK newspaper empireGetting into property is considered to be Lachlan Murdoch’s shrewdest and most profitable contribution to building the family empire.Shortly after the turn of the century, Rupert Murdoch’s eldest son persuaded News Corporation to take a 44% […]

Fabric, Startup Building ‘VPU’ Chips for Cryptography, Raises $33M

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