
Something for the weekend: Do only fools work in August?
…Something to listen to Tech Tonic — Jemima Kelly kicks off a new season of the FT’s tech podcast with a cold-eyed view of the crypto market….

…Something to listen to Tech Tonic — Jemima Kelly kicks off a new season of the FT’s tech podcast with a cold-eyed view of the crypto market….
The Indian police have launched an investigation into Bitconnect and booked its founder after a bitcoin investor reported being defrauded by the global crypto “Ponzi scheme”.
The South Korean financial intelligence unit is taking action against 16 foreign cryptocurrency exchanges for operating illegally in the country.
…per cent per year, according to LiveTrade. This felt sleepy compared to cryptocurrency — until crypto crashed earlier this year. “ Crypto was a pull so far…
Bitcoin’s value against the U.S. dollar lost 7.3% during the last 24 hours after more than $600 million in value was removed from the $1.07 trillion crypto economy.

…Andreessen Horowitz alone has raised a massive $14.1bn this year for investment vehicles ranging from specialist crypto and biotech funds to more traditional venture and growth funds….
The Crypto Fear and Greed Index (CFGI) hosted on alternative.me dropped severely at the time, and on May 31, 2022, Bitcoin.com News reported the CFGI ranking score was 16 out of 100 or “extreme fear”.
Hype Labs, a web3 company builder and venture capital, hosted its opening event after the first day of Korea Blockchain Week, an event with over 7,000 registered attendees and 120 speakers from around the world.
Bitcoin was significantly lower on Friday, as the token fell by over $1,500 in a 24-hour period.
…and Matic, as investors look for signs of optimism. Not so with bitcoin . “ Bitcoin . . . has completely lost its narrative — it is not an inflation hedge…