Techmeme
February 14, 2022, 2:25 AM

Top News

Tom Mitchelhill / Cointelegraph:
Ethereum L2 scaling project Optimism fixes bug that left it open to unlimited ETH token creation in its accounts; $2M+ bounty given to Jay Freeman of Cydia fame  —  Ethereum scaling startup Optimism disclosed a “critical bug” fix in the project's Geth fork that would have allowed malicious hackers to create infinite ETH
Tom Hegel / SentinelOne:
Research: ModifiedElephant APT has targeted activists, journalists, lawyers, and others in India to spy on or plant digital evidence since at least 2012  —  Executive Summary  — Our research attributes a decade of activity to a threat actor we call ModifiedElephant.
Noam Scheiber / New York Times:
Newly unsealed court documents show IBM executives disparaged older employees as “dinobabies” and discussed phasing them out to make room for millennials  —  Documents released in an age-discrimination case appear to show high-level discussion about paring the ranks of older employees.
Kim Lyons / The Verge:
Twitch has updated its policy to ban usernames that include references “to sexual acts, arousal, fluids, or genitalia” and hard drugs from March 1  —  Cannabis and alcohol are still allowed  —  Video streaming website Twitch has updated its policy to ban usernames that have explicit references to sex or hard drugs.
Elizabeth Howcroft / Reuters:
NFT marketplace Cent halts most transactions, citing users minting NFTs of content they don't own, selling unauthorized NFT copies, and more  —  The platform which sold an NFT of Jack Dorsey's first tweet for $2.9 million has halted transactions because people were selling tokens of content …
Gian M. Volpicelli / Wired UK:
A profile of OpenSea, whose Web3 credentials have been called into question by crypto hardliners, as it tries to deal with security incidents and copycat NFTs  —  Security issues and endless copycat listings are rife, but the platform's attempt to stop them is angering everyone.  —  What is a real ape?
Samuel Osborne / Sky News:
UK's largest insurer Aviva says VR headset-related damage claims increased by 31% in 2021, with an average claim of ~£650 and TVs being the most damaged item  —  Aviva has said home contents claims involving the gaming headsets rose by 31% last year and have increased by 68% in five years.
Tage Kene-Okafor / TechCrunch:
South Africa-based Stitch, which enables businesses to build, optimize, and scale financial products using its APIs, raises a $21M Series A  —  Open finance continues to be a significant theme in the world of fintech as businesses tap APIs to access customers' financial accounts and provide …
Bjarke Smith-Meyer / Politico:
European Commission says it is planning to propose a bill for a digital euro in early 2023; the ECB expects to start working on a prototype at the end of 2023  —  The European Commission announced Wednesday it's planning to propose a bill for a digital euro early next year.
Grid News:
A review of 80K+ Freedom Convoy 2022 donations reveals a Bangladeshi digital marketing firm was behind two of the biggest Facebook groups promoting the events  —  As American politicians call for stateside convoys, a Grid investigation finds signs that foreign actors, QAnon and hate pervade the movement's support.

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