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June 21, 2021, 12:00 PM
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memeorandum
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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Reuters, Wall Street Journal, Bloomberg, CoinDesk, NBC News, Decrypt, TNW, The Block, Tom's Hardware, PingWest, Insider, Gizmodo, Bloomberg, CNBC, Bitcoin Magazine, Bloomberg, Financial Times, France 24, SlashGear, Forbes, BitcoinExchangeGuide, Finbold, Cointelegraph, New York Post, Forkast, The Daily Hodl, blockchain.news, Cryptonews, Blockonomi, CNBC, Pandaily, and CoinDesk
Tweets: @davidmarcus, @rizzn, and @onlyyoontv
| 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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Gizmodo, TechRadar, CoinDesk, Finbold, Cointelegraph, cryptodaily.co.uk, Cryptonews, Coinspeaker, and blockchain.news
| 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, Livemint, AppleInsider, Variety, Axios, KnowTechie, Android Central, iDownloadBlog.com, CNET, Engadget, MSPoweruser, iPhone Hacks, phonearena.com, SlashGear, and iPhone in Canada Blog
| 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, BBC, Bloomberg, mobilesyrup.com, Silicon Republic, Philip Elmer‑DeWitt, Reuters, TechCrunch, and iMore
Tweets: @kartellamt, @markscott82, @samifathi_, 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, KnowTechie, and ITV
| 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.| 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
More:
The Block, CoinDesk, Finextra, PR Newswire, Decrypt, and Cointelegraph
| The Information: |
Sources: Shopify is rolling out a service that will let BuzzFeed and other content publishers link to merchants in exchange for a cut of transaction revenue — Shopify, which has become a major force in e-commerce by providing online tools to merchants, is rolling out a new service … | 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
| 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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Bloomberg, The Guardian, The Block, Finextra, Sifted, Coinspeaker, Bloomberg, Yahoo Finance, CNBC, Insider, and Revolut
| 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 …
More:
Slashdot, 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.eu, and Tech News
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