Elizabeth Lopatto
Stablecoin issuer Circle wants to go public.
More than a year after its SPAC plan to go public crumbled, Circle has filed for an IPO. Get your engines ready, it’s S-1 time!
Elizabeth Lopatto
Senior Reporter
Senior Reporter
More From Elizabeth Lopatto
Elizabeth Lopatto
Would you like a bonkers visual timeline of the decade it took to get a Bitcoin ETF approved?
It’s a delightful run through Very Recent History, with a helpful tracker of the number of submissions that happened and the price of Bitcoin. Of course, we all know how the story ends.
Bitcoin ETF approval closes decade-long crypto saga with SEC
[www.axios.com]
Elizabeth Lopatto
Elizabeth Lopatto
What was the point of the Twitter / X hack?
“I kind of don’t understand the trade here?” Bloomberg columnist Matt Levine writes of the hack of the SEC’s Twitter account yesterday, in which a fake approval of Bitcoin ETFs was briefly posted.
Linda Yaccarino was at CES yesterday to try to talk more businesses into using Xitter. If I were a troll, using the opportunity of screwing with one of X’s core constituencies and the feds at that precise moment in time would be too good to pass up. The trade is an epic lol, I believe.
The SEC Got Trolled on Bitcoin ETFs
[Bloomberg]
Elizabeth Lopatto
I for one can’t wait for Keanu’s socialist surrealism era.
China Miéville, the phenomenal novelist, took on a new writing partner, Keanu Reeves, for a novel called The Book of Elsewhere. I would be hype for this if it were Miéville alone — The City and the City is a personal favorite — so I’m curious to see what Reeves adds to the mix besides publicity and being very good-looking.
Elizabeth Lopatto
Elizabeth Lopatto
All due respect to Parks Canada but I think a beast of a moose’s size is going to do what it wants.
Moose like licking road salt. Perhaps unsurprisingly, that means that the peak for moose-car collisions is December and January. Yes, by all means carefully drive away from that moose instead of letting it lick your car, but those things are huge — they are probably going to do what they want.
Elizabeth Lopatto
“Online returns are such a pain that more than 40% of consumers say they would prefer to sit in rush-hour traffic.”
Online shopping hit a new peak over the 2023 holiday season — and now the returns are upon us. But as online shopping gets increasingly competitive, there are new struggles around return policies. That may be an area for increased competition:
As consumers begin factoring in how time-consuming and costly making returns can be, they skip over buying goods from certain online stores altogether. According to the NRF and Happy Returns survey, 50% of shoppers have abandoned a purchase because the return policy was too bothersome.
Elizabeth Lopatto
It’s getting harder to get home and auto insurance.
Insurers are jacking up rates and “quiet quitting” places they deem too risky. (Yeah, it’s climate-change related.) This puts normal people in a bind — their mortgages require home insurance, for instance, or they’re legally required to have car insurance.
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