Corporate Restructuring and Startup Adaptations Amid Economic Downturn

Now the hackers are stealing crypto from individual wallets at scale. Robinhood makes a massive layoff announcement. Y Combinator is shrinking its summer cohort. I’ve found an actual use case for NFT’s and it is college textbooks. And, you know, an actual flying car you could buy right now.

Sponsors:

• Storyblok.com/ridehome

Links:

• Solana, USDC Drained From Wallets in Attack (Decrypt)
• Robinhood Lays Off 23% of Staff as Retail Investors Fade From Platform (WSJ)
• Michael Saylor to step down as MicroStrategy CEO, shift to executive chairman role (The Block)
• Y Combinator narrows current cohort size by 40%, citing downturn and funding environment (TechCrunch)
• UK regulator makes U-turn on Avast-Norton cyber security deal (Financial Times)
• Pearson plans to sell its textbooks as NFTs (The Guardian)
• Samson Switchblade flying car is finally ready for takeoff (New Atlas)

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