The Story of Billy Evans and ‘Theranos 2.0’
THE SO WHAT
The prospect of a “Theranos 2.0” — even as a narrative device — shows how fragile trust remains in consumer-facing diagnostics. Healthtech founders should over-index on transparent validation and regulatory engagement, because the market will benchmark you against these cautionary stories whether you like it or not.
READ THE SOURCE
MORE FROM THE WIRE
Deep & Emerging TechEU and U.S. Power Firms Scrutinize Supply Chains for Chinese Parts
Grid modernization is now entangled with supply-chain geopolitics — banning “high-risk” Chinese inverters from EU-funded projects forces utilities to requalify vendors and potentially absorb higher capex or slower rollouts. If you run energy or industrial infrastructure, map where Chinese power electronics sit in your stack before policy, not failure, forces a retrofit.
Deep & Emerging TechWestern Union, MoneyGram Turn to Stablecoins as Crypto Disrupts Money Transfers
When incumbents like Western Union and MoneyGram start using stablecoins to compress a 3-day settlement into minutes, crypto is no longer just a challenger — it’s becoming core plumbing. If you run cross-border or payout-heavy products, you now have permission to explore stablecoin rails without being the first mover.
Deep & Emerging TechNorway’s Bulk reportedly seeks Canadian owner for cable bypassing US
A Europe–Canada subsea cable that deliberately bypasses the US reflects how data sovereignty is reshaping physical network topology. If your business depends on transatlantic latency or jurisdictional guarantees, you should be tracking — and eventually choosing between — these new non-US routes.
Deep & Emerging TechA profile of Alona Katz, chief of Brooklyn DA's Virtual Currency Unit, who recently led an operation that seized and disrupted over 240 crypto fraud websites
Regulators are shifting from chasing individual scammers to disrupting the infrastructure of fraud at scale—240+ sites taken down is an infrastructure play, not a one-off bust. If you touch consumer crypto flows, assume coordinated, cross-border enforcement against the rails you use, not just the bad actors you avoid.