Discover how DePINs work: DePINs allow the sharing of physical resources like data storage and connectivity without intermediaries. Read the full article here

President Bola Tinubu on Tuesday said that his administration is working to ensure a significant reduction in the cost of living across the country, especially as it concerns food costs. Mr Tinubu spoke in a televised broadcast in commemoration of…

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.A multibillion-dollar legal battle over who will foot the bill for hundreds of aircraft stranded in Russia will kick off in London…

A new proposal looking to completely reboot DeFi protocol Synthetix has garnered 99.4% approval from community members.  Read the full article here

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Ports along the US east and Gulf coasts have shut down as dock workers went on strike for the first time in…

Two industry observers believe Pollak’s involvement in Coinbase Wallet and Base may finally offer a solution to crypto’s long-standing UX issues that have hamstrung adoption.  Read the full article here

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.EY has appointed financial services boss Anna Anthony as its new UK managing partner after a three-way race to lead the Big…

Variant Fund chief legal officer Jake Chervinsky says geofencing is an extreme measure to ensure compliance with US law.  Read the full article here

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Qatar Airways has agreed a deal to buy a stake in Virgin Australia, the country’s second-largest carrier, the latest in a number…

The massive category 4 hurricane has killed at least 137 people, and many more are still missing — while millions of homes and businesses remain without power.  Read the full article here

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.The tropical island of Hainan in southern China has long been a place for dreamers. The white beaches, clean air and temperate…

Users are flocking to yield farm restaking protocols, but poor risk management and due diligence is a ticking time bomb. Read the full article here

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.French luxury group LVMH has sold the streetwear brand Off-White founded by the late designer Virgil Abloh to a brand management company. LVMH…

Major Australian bank ANZ is interested in exploring how it can move its Australian dollar-backed A$DC stablecoin between blockchains. Read the full article here

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Satellite television is declining fast in the US. But with its $7.6bn deal to acquire full control of DirecTV from AT&T, private…