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June 21, 2021, 10:45 AM
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WeSmirchTop News
| Global Times: |
China's Sichuan Province closes crypto mines, following Xinjiang, Inner Mongolia, and Yunnan; an estimated 90% of China's mining capacity has now been shut down — Many Bitcoin mines in Southwest China's Sichuan Province - one of China's largest cryptocurrency mining bases - were closed as of Sunday …
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Wall Street Journal, Reuters, The Block, Insider, Bloomberg, CoinDesk, Decrypt, TNW, Forbes, Gizmodo, CNBC, Financial Times, Finbold, Bloomberg, Forkast, Bloomberg, Agence France-Presse, Cointelegraph, BitcoinExchangeGuide, The Daily Hodl, New York Post, CNBC, blockchain.news, Cryptonews, Blockonomi, Pandaily, and CoinDesk. Tweets: @rizzn
| Coco Feng / South China Morning Post: |
As China expands its crackdown on cryptocurrency mining farms, analysis shows the price of GPUs has fallen on many e-commerce platforms in the country — Graphics cards from companies including Nvidia and Asus saw prices fall by as much as two-thirds on e-commerce platforms amid China's …
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Finbold, The Economic Times, Cointelegraph, Cryptonews, Coinspeaker, blockchain.news, and CoinDesk
| Sarah Perez / TechCrunch: |
Facebook rolls out Live Audio Rooms, available to verified public figures and select Groups, and its podcast service, available to select partners, in the US — In April, Facebook announced a series of planned investments in new audio products, including a Clubhouse live audio competitor as well as new support for podcasts.
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About Facebook, The Verge, The Hill, 9to5Mac, AppleInsider, Axios, Reuters, CNET, Engadget, Variety, KnowTechie, Android Central, iDownloadBlog.com, MSPoweruser, iPhone Hacks, phonearena.com, SlashGear, and iPhone in Canada Blog
Tweets: @alexvoica, @ashleyrcarman, @hypervisible, @tidefallcapital, @katebevan, and @pressgazette
| Sami Fathi / MacRumors: |
Germany's Federal Cartel Office announces an antitrust investigation into Apple's App Store, pre-installed apps, and more — Germany's Federal Cartel Office, the Bundeskartellamt, today initiated proceedings against Apple on the claims of anti-competitive behavior related to the App Store …
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Bundeskartellamt, Reuters, Bloomberg, mobilesyrup.com, Silicon Republic, 9to5Mac, TechCrunch, Reuters, AppleInsider, and iMore
Tweets: @samifathi_, @kartellamt, @markscott82, and @markscott82
| Richard Pallot / ITV: |
Investigation finds Amazon has been destroying thousands of unsold goods at its UK-based Dunfermline warehouse; source says 130K items are destroyed per week — Exclusive: Watch footage showing the ‘destruction zone’ in Amazon's Dunfermline warehouse where millions of unsold items are destroyed every year
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Insider and ITV
Tweets: @itvnews, @angelarayner, @zarahsultana, @atbwebb, @sam_l_shead, @itvnews, @misszing, @itvnews, @tomwarren, @olifranklin, @alexhern, @janeygodley, @itvnews, and @anneapplebaum
| Mary Biekert / Bloomberg: |
Securitize, which helps companies issue asset-backed security tokens, raises $48M Series B co-led Morgan Stanley and Blockchain Capital — - Firm gathers $48 million in its Series B fundraising round — Teixeira of Morgan Stanley to join Securitize's board
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The Block, CoinDesk, Finextra, PR Newswire, Decrypt, and Cointelegraph
| Sam Shead / CNBC: |
Google says it has decided not to reopen Campus, its London-based startup space, after the pandemic forced it to close — - The Silicon Valley tech giant announced on Monday that it has decided “not to reopen” Campus in East London after it was forced to close by the coronavirus pandemic.| Romain Dillet / TechCrunch: |
Revolut says it had $361M in 2020 revenue, up 57% YoY, non-adjusted operating loss reached $277M due to staff costs, and retail customers rose 45% to 14.5M — Fintech startup Revolut has filed some financial results and is sharing details with the press. In 2020, the company reported $361 million …
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The Guardian, The Block, Finextra, Sifted, Bloomberg, Coinspeaker, Yahoo Finance, Revolut, CNBC, and Insider
| Martin Arnold / Financial Times: |
European Central Bank board member says a digital euro will protect consumer privacy and protect the eurozone from the “threat” of competing cryptocurrencies — Fabio Panetta admits some oversight by regulators is necessary to avoid misuse — The introduction of a digital euro …
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Crypto Briefing, Coinspeaker, CoinDesk, PYMNTS.com, Cointelegraph, and Decrypt
Tweets: @danawrey, @mamdorsky, and @mamdorsky
| Douglas Busvine / Reuters: |
Forto, a freight forwarding service that gives customers real-time data, raises $240M led by SoftBank's Vision Fund 2 at a $1.2B valuation — Forto has raised $240 million from investors led by Softbank (9984.T), the freight technology startup said on Monday, and will invest in expanding …
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TechCrunch, PR Newswire, Silicon Canals, Tech News, and Tech.eu
| Sarah Frier / Bloomberg: |
Real estate mogul Frank McCourt says he plans to invest $100M to build a blockchain-based database of social connections, sidestepping the dominant social apps — Frank McCourt wants to build a blockchain-based alternative to Facebook — Frank McCourt, the billionaire real estate mogul …
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Decrypt, PR Newswire, Cointelegraph, Coin Journal, CoinDesk, South China Morning Post, and Slashdot
| Sam Shead / CNBC: |
A look at Founders Forum, the annual UK event branded as the “Davos of tech” attended by Europe's top CEOs and investors from technology and media — - Attendees of the annual Founders Forum event included the former U.K. Prime Minister David Cameron, ex-Finance Minister George Osborne …
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