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Tomorrow, First. News and intelligence for the agentic economy

  • Kevin O’Leary to launch Web3 fund with backing from UAE; pushes back on Jamie Dimon

    Kevin O’Leary plans to launch a Web 3.0-focused investment fund called Cipher, the Shark Tank investor told Forkast Editor-in-Chief Angie Lau at the Converge22 blockchain and cryptocurrency conference on Wednesday in San Francisco.  See related article: Capital gains: How Web3 property rights can transform the digital economy Fast facts “We’ve got to get away from this…

  • Bitdeer leads US$250 mln fund to acquire assets from distressed miners: report

    Crypto tycoon Jihan Wu’s crypto mining firm Bitdeer Technology Holdings is leading a US$250 million fund to acquire mining rigs from distressed miners amid the cryptocurrency bear market, according to Bloomberg. See related article: China mining rig maker Canaan expands despite crypto winter  Fast facts See related article: Bitmain cuts mining rig price amid crypto…

  • Alex Mashinsky steps down as Celsius CEO

    Alex Mashinsky, the chief executive officer of cryptocurrency lender Celsius Network LLC which has filed for bankruptcy, has resigned from his position, according to a statement released by the company on Tuesday. See related article: Regulator alleges Celsius resembled Ponzi scheme in new filing Fast facts The company’s chief financial officer, Chris Ferraro, has been…

  • Polkadot eyes increasing transaction speed by 100 to 1,000 times

    Polkadot updated its roadmap on Monday, expecting to deploy a technique called “asynchronous backing” on its development-testing network Kusama before the end of 2022, as a prelude to upgrading the mainnet for boosting the transaction speed. See related article: Markets: Bitcoin price back above US$19,000; Ether, Polkadot gain; XRP leads losers Fast facts See related…

  • Is crypto in a deep funk? Think again

    Beyond the bear market, Web3 technology is shining bright in gaming and music, writes Hannes Graah of Gro. Are we at a tipping point for mass adoption?