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May 6, 2022, 5:05 PM
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| Joe Warminsky / The Record: |
The US sanctions cryptocurrency mixing service Blender.io for allegedly laundering $20.5M from the Axie Infinity hack, the first time the US sanctioned a mixer — The U.S. Treasury Department on Friday sanctioned a cryptocurrency mixing service for the first time, citing evidence that it was used …
More:
U.S. Department …, Engadget, VICE, BleepingComputer, CoinDesk, Decrypt, NBC News, Cointelegraph, The Hill, Elliptic Blog, Crypto Briefing, The Block, United States Department …, and Washington Post
Tweets: @ustreasury, @josephfcox, @crabbylions, @ericgeller, @campuscodi, @gregotto, and @w7voa
| Jordan Novet / CNBC: |
Google forms a new blockchain group, led by former Citigroup executive James Tromans, to make the Google Cloud Platform the first choice for Web3 developers — - Former Citigroup executive James Tromans will lead the new Google group that will build services to help developers construct Web3 applications.
More:
The Block, Decrypt, Benzinga, Engadget, Cointelegraph, Waivly, and IT Management
Tweets: @jordannovet, @grady_booch, and @levynews
| Kanishka Singh / Reuters: |
The SEC says Nvidia will pay $5.5M to settle charges it failed to disclose that cryptomining was a “significant element” of its FY 2018 gaming revenue growth — The U.S. Securities and Exchange Commission said Friday it had settled charges against technology company Nvidia Corporation …
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U.S. Securities …, BleepingComputer, Blockworks, XDA Developers, HotHardware.com News, PYMNTS.com, PCWorld, VICE, TheStreet, TheGamer, Crypto Briefing, Kotaku, The Register, Associated Press, Tom's Hardware, CNBC, IGN, Crowdfund Insider, Decrypt, Trustnodes, GameSpot, and Neowin
Tweets: @stephentotilo, @smdiehl, and @tomwarren
| Wall Street Journal: |
Some ex-TikTok US staff talk of long hours, tight deadlines, lack of work-life boundaries, sleep deprivation, weekend work, and secrecy uncommon in the industry — Former U.S. staffers tell of sleep deprivation, work on weekends and mandatory meetings with colleagues on the other side of the globe
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dot.LA. Tweets: @wsj, @tomgara, @elipariser, @saraheneedleman, @sal19, @pkafka, @georgia_wells, @kirstengrind, @ericbellmanwsj, @djtgallagher, @karissabe, and @sal19
| Bloomberg: |
Sources: China ordered government agencies and state-backed companies to replace foreign-branded PCs with domestic alternatives running local OSes in two years — China has ordered central government agencies and state-backed corporations to replace foreign-branded personal computers …
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Neowin, TechRadar, OnMSFT.com, Tom's Hardware, and Benzinga
Tweets: @kennedycsis, @defensebaron, @argvee, @carlminzner, @dravirmani, @jkylebass, @benbajarin, and @akkiman
| Echo Wang / Reuters: |
Legal experts say Elon Musk's foreign funding for Twitter could draw scrutiny from CFIUS for potential national security risks, similar to the kind TikTok faced — Elon Musk's decision to accept some foreign investors as part of his $44 billion buyout of Twitter Inc (TWTR.N) … | Dan Primack / Axios: |
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SEC.gov. More:
Insider, New York Times, Blockworks, Silicon Valley Business …, BuzzFeed News, Bloomberg, New York Times, New York Post, Financial Times, Wall Street Journal, The Block, CoinDesk, Grit Capital, Silicon Canals, Coinspeaker, CoinQuora, VICE, SiliconANGLE, Protocol, Bloomberg, DealStreetAsia, Bitcoin News, Junghoon's Direct Media …, Social Media Today, UPI, Reuters, Forbes, TechCrunch, CoinDesk, The Register, The Mac Observer, The Hollywood Reporter, CNN, PYMNTS.com, BBC, Ars Technica, CNBC, Axios, San Francisco Business Journal, Channel Futures, iMore, Crunchbase News, iPhone in Canada Blog, Newser, Agence France-Presse, Bloomberg, Cryptopolitan, Bloomberg, Silicon Republic, Bloomberg, Bloomberg, CNBC, Cointelegraph, TIME, RTÉ, CoinQuora, Financial Times, MarketWatch, and The Irish Times
Tweets: @bhorowitz, @alwaleed_talal, @bhorowitz, @rmac18, @petermccormack, @mikeisaac, @bhorowitz, @markdistef, @markdistef, @karlbode, @bigblackjacobin, @cz_binance, @cz_binance, @digg, @timobrien, @seldo, @kurtwagner8, @maggienyt, @katie_roof, @moorehn, @pt, @noupside, @alexstamos, @eringriffith, @jack, @danprimack, @ryangrim, @mehdirhasan, @rschooley, @danprimack, @arashmassoudi, @mmasnick, @tomaxwell, @alexstamos, @mattbc, @taylorlorenz, @benwerd, @bhorowitz, @rmac18, @sarahfrier, @binance, @benedictevans, @mmasnick, @mcnees, @carnage4life, @tonyfratto, @anildash, @loganbartlett, @teresa_longwell, @mattturck, @maxkennerly, @gartenberg, @danprimack, @ryan_browne_, @alex, @kantrowitz, @teroterotero, @karlbode, @carnage4life, @silvermanjacob, @coloradotravis, @shaig, @vladsavov, @patrickw, @ericjackson, @thedomino, @jsphctrl, @macaesbruno, @pekingmike, @loudmouthjulia, @loudmouthjulia, @dearsarah, @muradahmed, @peter_tl, @sridinats, @danprimack, @firstadopter, @ivanthek, and @danprimack
| Aisha Malik / TechCrunch: |
Spotify plans to shut down Stations, the service's lightweight listening app first launched in 2018 to offer easy access to curated playlists, on May 16 — Spotify Stations, the streaming service's lightweight listening app offering easy access to curated playlists, is shutting down on May 16.| Dan Strumpf / Wall Street Journal: |
Sources: Chinese tech companies like Lenovo and Xiaomi quietly curtailed shipments to Russia; China's tech exports to Russia fell sharply from February to March — Firms are pulling back under pressure from U.S. sanctions and suppliers, but stay mum in face of warnings from Beijing
More:
The Hill and PYMNTS.com
| Alexandra Garfinkle / Yahoo Finance: |
An interview with a part-time employee who earns $10 per hour at RaterLabs, a Google subcontractor evaluating search and ad-placement results for accuracy — Google Search may feel like magic, but the engine's efficacy relies on hourly employees who work for a subcontractor.| Bloomberg: |
Sources: the UK delayed Revolut's banking license over concerns about its crypto trading service and whether the company can tackle money laundering and fraud — Nikolay Storonsky, once a championship swimmer in his native Russia, doesn't like to hang around in the slow lane.
More:
The Block, Ethereum World News, and PYMNTS.com
Tweets: @aishagani, @ownsomeshares, and @stespezzati
| Dean Takahashi / VentureBeat: |
SEC filing: Voodoo PC founder Rahul Sood's Irreverent Labs, which unveiled its NFT robot cock fighting game MechaFightClub in January 2022, raised $40M — Irreverent Labs has raised $40 million to further boost its efforts to create MechaFightClub, a robot cock fighting game that uses non-fungible tokens (NFTs).| Dan Primack / Axios: |
Retail crypto exchange Crypto.com says it now has over 50M users, up 5x from late 2020, and expects to hit 100M users by year-end — Retail crypto exchange Crypto.com tells Axios that it now has over 50 million users. — Why it matters: That's more than a fivefold increase … Sponsor Posts
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