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Daily Crunch: FTX CEO Sam Bankman-Fried quits as crypto exchange files for bankruptcy

TechCrunch

Image Credits: GPC Smart Tags (opens in a new window). According to Syneroid, a startup that makes smart tags, 10 million pets are lost each year in the United States, but “less than 30% are returned home.” Jacquelyn writes that Framework Ventures co-founder says DeFi gives hope following FTX collapse.

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Announcing Crypto Handbook

Entrepreneur's Handbook

Find Crypto Handbook at chandbook.com I’m thrilled to announce the launch of Crypto Handbook , the home on Medium for high-quality stories on everything cryptocurrency, including DeFi, NFTs, and Web3. Share this post on Twitter and tag Entrepreneur’s Handbook (@ entrehandbook). We want to hear it and potentially publish it.

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Q3 outlook forecasts cloudy days ahead for fintech M&A

TechCrunch

Execs from the two startups say the combined company will have processed over $5 billion in payments and built a network of over 500,000 connected businesses by creating B2B DeFi payment networks in both the U.S. The regulatory action follows a months-long probe into Tag, which offers banking and financial services to users in Pakistan.”

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It’s Better to Beg for Forgiveness than to Ask for Permission

Both Sides of the Table

If I asked and my partner predictably told me “no&# then the only way to go would be to directly defy his instructions – never a great idea in business. Tags: Startup Advice. I knew that my request to apply for the Japanese project would fall on deaf ears locally so I knew better than to ask. So I didn’t ask.

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What Angel Investing & Florida Condos Have in Common

Both Sides of the Table

When the masses start all running one way without questioning “why?&# – and when it defies any logic I can figure out in my head – I call bullshit. Tags: Tech Market Analysis. Much to her chagrin, the other slogan I have always lived by is. “ Question Authority.&#.

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Fintech Roundup: How going Fast and furious can ruin your startup

TechCrunch

– Unsurprisingly, fintech startups were well-represented in Y Combinator’s W22 batch, with 35 international companies participating and 25 more tagged as crypto-focused. TC’s Carly Page breaks it down for us here. But either way, as we all know, the pandemic pushed banks and other financial institutions to up their digital game.

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Before Investing in Crypto, You Need to Understand What DeFi Is and How It Works

Entrepreneur's Handbook

Primarily it’s due to the immense return generating potential offered by the ever-evolving decentralized finance (DeFi) segment. But there’s a problem: The concept of DeFi is relatively new and many novice investors can’t wrap their heads around it. Decentralized finance (DeFi) is the total opposite of centralized finance (CeFi).