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Through dozens of new laws, Wyoming hopes to become America’s blockchain headquarters, attracting businesses from across the crypto sector. Whether they show up though is yet to be determined.
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New Yorkers Who Fled to Connecticut During the Pandemic Are Staying Put
Phoenix Inflation at Record 13% Shows Divergence Among Cities
Crypto Traders Flee Indian Exchanges for Binance to Escape Taxes
Merge Hype Prompts Investors to Pull Cash From Ethereum ETP
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Hi, it’s Eyk Henning in London. Today, we’re talking tech startups with Perella partner Timm Schipporeit. Elsewhere, Intel dials back expectations for its Mobileye IPO and KKR stands firm.
Today's top stories
Rising interest rates and declining consumer spending have been weighing on valuations of listed tech firms, making the sector one of the year’s worst performers for equity investors. The negative sentiment has been bleeding into the private markets, where startups have been finding it harder to raise money at the sky-high valuations (see Klarna) that had become commonplace.
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