Reuters: The trial of Nathaniel Chastain, an ex-OpenSea product manager accused of insider trading in NFTs, begins this week, one of the first cases for digital assets  —  U.S. prosecutors will square off this week against a former employee of OpenSea, the world’s largest marketplace for non-fungible tokens … Lees verder op Tech Meme

Bloomberg: Research in 2021: around 60% of undersea internet cable faults were caused by fishing equipment or anchors; repairs can often cost $250K to $3M per incident  —  On the evening of Oct. 14, the managing director of Shefa, a Faroese Telecom subsidiary, received a call from one of his technicians … Lees verder op Tech Meme

Lizette Chapman / Bloomberg: Analysts, investors, and founders expect a hard year for tech startups, including more down rounds; PitchBook says 400+ unicorns haven’t raised funds since 2021  —  The startup world has had a tough year — plagued by mass layoffs, plummeting venture capital investment and the chaotic collapse of Silicon Valley Bank. Lees verder op Tech Meme