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Down bad

TechCrunch LA

Last week, we talked about layoffs and the Winklevoss rock gods. This week, we saw the interconnectedness of major institutions as crypto lending protocol Celsius stuttered and brought down Ethereum prices with it as investors feared a price collapse brought on by reportedly over-leveraged players like 3 Arrows Capital.

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Bio Roundup: Theranos Cuts, Alnylam Stops, Nobel Eats Its Own & More

Xconomy

The firm will now focus on its miniLab, which CEO Elizabeth Holmes touted as a follow-on version of its Edison test system at a scientific conference in August. The funding could be as much as $100 million, and the first grants will be announced in 2017. PRICE FIGHTS. With some caveats, ICER recommended lower prices.