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May 10, 2022, 4:40 AM
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| Bloomberg: |
Bitcoin fell ~10% to around $31,000, its lowest level since July 2021, as investors flee riskier investments; Ethereum, Solana, Avalanche, and others also fell — Bitcoin rebounded from a swoon below $30,000 as a selloff in stocks moderated and a bout of calm washed across global markets.
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CoinDesk, Wall Street Journal, Crypto Briefing, The Verge, The Block, Wall Street Journal, CoinDesk, Cointelegraph, The Crypto Basic, Politico, Fortune, Cryptopolitan, SiliconANGLE, Bloomberg, The Daily Hodl, Bitcoinist.com, and CNBC
Tweets: @nayibbukele, @lfg_org, @stablekwon, @nayibbukele, @saylor, @cryptomanran, @schwarz, @thinkingbitmex, @maybebullish, @bennetttomlin, @sartoshi_nft, @cz_binance, @cz_binance, @iamjosephyoung, @nlw, @ben_mckenzie, @cryptowhale, @ryansadams, @film_girl, @tier10k, @timbray, @ldrogen, @zachweinberg, @timbray, @trustlessstate, @thestalwart, @adamsinger, @thestalwart, @adamsinger, @bitfinexed, @robustus, @robustus, @twobitidiot, @davidzmorris, @ahcastor, @saxena_puru, @kaiynne, @naiivememe, @punk6529, and @carnage4life
| Sam Kessler / CoinDesk: |
CoinMarketCap: the UST stablecoin loses its USD peg, falling below $0.80, after the Luna Foundation Guard pledges $1.5B of its bitcoin reserves to defend UST — TerraUSD (UST) has lost its dollar peg for the second time in three days, falling to as low as $0.95 on Monday …
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TechCrunch, TechCrunch, Bloomberg, Noticas Crypto, CoinQuora, Benzinga, CoinDesk, CryptoSlate, Crypto Briefing, Micky, Blog Tien So, TheBitTimes.Com's Newsletter, CoinJournal, PYMNTS.com, Bitcoinist.com, Cointelegraph, Bitcoin News, The Block, and Forbes
Tweets: @stablekwon, @hasufl, @tracyalloway, @jonwu_, @sbf_ftx, @binance, @kevinsekniqi, @0xdoug, @jonwu_, @terra_money, @coindesk, @zguz, @trader1sz, @martiniguyyt, @darealmilkbagz, @joemccann, @molly0xfff, @terra_money, @forgash_, @thestalwart, @crypto, @officialtravlad, @mylifeindefi, @kevinsekniqi, @terra_money, @guilletorrealba, @carnage4life, @nzkoz, @dlauer, @antoniogm, @mdudas, and @cbarraford
| Sam Reynolds / CoinDesk: |
Binance has temporarily suspended withdrawals of LUNA and UST tokens due to a high volume of pending withdrawals and “network slowness and congestion” — Binance has suspended withdrawals of LUNA and UST tokens due to “network slowness and congestion.”
More:
Binance, The Block, @mhonkasalo, Bitcoinist.com, Bitcoin Magazine PRO, and Bloomberg
Tweets: @hasufl, @thecryptolark, @thecryptolark, @mhonkasalo, and @bitfinexed
| Thomas Claburn / The Register: |
Study claims the implementation of EU's GDPR has reduced the number of apps on Google Play by a third, increased costs, and reduced revenues for app developers — Privacy rules increase cost, reduce choice, slash revenues, study concludes — Europe's data protection regime has reduced …
Source:
NBER. Tweets: @s8mb, @alecstapp, @mattyglesias, @rdmetcalfe, @jwaldfogel, @privacymatters, @jwaldfogel, @mikarv, @webdevlaw, @punished_stu, @gavinsblog, @carnage4life, @vicmackieqc, @stokel, @alexhern, @iwillleavenow, @lorenzofb, @emollick, @vhilsheimer, @alexhern, @pt, @nscrut_, @ggooooddddoogg, @jwaldfogel, @robertjbateman, @can, @hootonoliver, @maggythebrave, @stroughtonsmith, @jathansadowski, @scottygib, @cyber_mark, @pt, @missig_geek, @stayleyvegas, and @katebevan
| The Information: |
Sources: Meta is considering reducing the money it gives news outlets and focusing on news content as short videos on Facebook rather than as links to articles — Meta Platforms is considering reducing the money it gives news organizations as it reevaluates the partnerships it struck …
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The Economic Times. Tweets: @pookleblinky, @vickerysec, @dskok, @noupside, @taylorlorenz, @therriaultphd, @jason_kint, @darth, @tara_mulholland, @jeffjarvis, @katzish, @arielbogle, @kendallybrown, @simonowens, @sylviavarnham, @dsilverman, @skenigsberg, @blackamazon, @kevinmarks, and @markdistef
| Ionut Ilascu / BleepingComputer: |
Researchers detail a malicious campaign that used Windows event logs to store malware, a technique that has not been previously documented publicly in attacks — Security researchers have noticed a malicious campaign that used Windows event logs to store malware, a technique … | Washington Post: |
Researchers: Elon Musk, who vowed to defeat Twitter's “spam bots or die trying”, has long benefited from “fanbots” boosting Tesla shares and deriding critics — Mechanized accounts have sought to boost Tesla shares, deride critics and push the pending takeover of Twitter.
More:
The Conversation, CNN, and Bloomberg
| Drew Harwell / Washington Post: |
Clearview AI reaches a settlement with the ACLU by agreeing to stop selling or offering free access to its facial recognition database to most US businesses — The settlement marks one of the most significant court actions yet against a company known for downloading billions of people's photos …
Source:
ACLU. More:
SiliconANGLE, The Register, ZDNet, Associated Press, Engadget, SecurityWeek, CNN, Insider, Mashable, Gizmodo, and The Record
| Anushree Dave / The Block: |
Mark Zuckerberg says Meta will start letting some US creators test digital collectibles and NFTs on Instagram this week, and won't charge for sharing NFTs — Meta will start testing digital collectibles and NFTs on Instagram this week, according to chief executive Mark Zuckerberg.
Source:
Facebook. More:
TechCrunch, Silicon Republic, TNW, Cointelegraph, Crypto Briefing, Blockonomi, Wccftech, CryptoPotato, Engadget, Decrypt, Micky, Bitcoinist.com, Crypto Adventure, Phandroid, Platformer, Pocket-lint, Social Media Today, Android Headlines, Marketing e Negócios, NFT Evening, and Redmond Pie
Tweets: @mosseri, @metanewsroom, @0xpolygon, @mayazi, @phantom, @sophiatwilson, @mihailobjelic, @sal19, @weinbagz, @seyitaylor, @charlesarthur, @shaunmcknight, @timsweeneyepic, @dennishegstad, @skasriel, @ljin18, @drjessmaddox, @carnage4life, @stuartfrisby, @hhorsley, @kcallop, @minimaxir, @parkyprakhar, @andrewmartonik, and @katienotopoulos
| Ari Levy / CNBC: |
Coinbase, Robinhood, Rivian, UiPath, Marqeta, and Toast are down 65%+ from their IPO; over half of 53 tech companies that went public in 2021 are down 50%+ — - After a banner year for tech IPOs in 2021, the most notable companies to go public are now suffering some of the biggest losses on the market.| Ian Allison / CoinDesk: |
Arianee, which provides NFTs tied to the provenance and ownership of luxury goods, raises a €20M Series A led by Tiger Global — Paris-based Arianee, a platform for linking non-fungible tokens (NFTs) to luxury brands, has raised a 20 million euro ($21 million) Series A funding round led …
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Tech.eu, TechCrunch, Vogue Business, CryptoSlate, and Ethereum World News
| Bloomberg: |
Match Group sues Google, alleging the company abuses its power with a requirement that developers use Google's billing system for Android apps in the Play Store — Match Group Inc. accused Alphabet Inc.'s Google in a lawsuit of acting as a monopolist with its app store billing rules …
More:
The Verge, The Keyword, Protocol, Engadget, Fossbytes, Neowin, The Hill, and TechCrunch. Tweets: @jbursz
| Tara Deschamps / Canadian Press: |
Canada's Competition Bureau files to block Rogers' $26B purchase of Shaw, as the merger would lead to “higher prices, poorer service quality, and fewer choices” — The Competition Bureau has filed an application to block Rogers Communications Inc.'s purchase of Shaw Communications Inc …
More:
Government of Canada, iPhone in Canada Blog, and MobileSyrup
Tweets: @compbureau, @epro, and @davidreevely
| Ingrid Lunden / TechCrunch: |
Paddle, which provides a billing backend for SaaS companies, raises a $200M Series D led by KKR at a $1.4B valuation, bringing its total raised to $293M — Software as a service has become the default for how organizations adopt and use apps these days, thanks to advances in cloud computing and networking … | Jason Del Rey / Vox: |
Amazon is testing paying rural mom-and-pop shops a per-package fee to deliver orders within a 10-mile radius to neighbors in Nebraska, Mississippi, and Alabama — The e-commerce giant is recruiting local businesses in Alabama, Mississippi, and Nebraska as part of a secretive new delivery program.Sponsor Posts
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