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May 14, 2022, 10:45 PM
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| Edward Ongweso Jr / VICE: |
Retail traders after Terra's crash: some say they lost their life savings, others shared suicidal ideation on forums, and some now realize it's a Ponzi scheme — It took less than a week for the third largest stablecoin and its ecosystem to become virtually worthless, wiping out countless traders' savings.| Yogita Khatri / The Block: |
Over $1.2B of Luna Foundation Guard's bitcoin reserves remains unaccounted for; LFG had $2B+ in bitcoin reserves and loaned $750M to OTC firms and market makers — Quick Take — Luna Foundation Guard accumulated over $2 billion in bitcoin reserves and provided a loan of $750 million in bitcoin.| Sunil Jagtiani / Bloomberg: |
Source:
@terra_money. More:
Forkast, Benzinga, Finbold, Binance, NullTX, The Weekly Distillation, Crypto Adventure, Launchpool Press, Bitcoin News, Decrypt, CoinDesk, The Guardian, and Forbes
Tweets: @stablekwon, @terra_money, @terra_money, @cyounessi1, @terra_money, @stablekwon, @cz_binance, @terra_money, @stablekwon, @persiancapital, @0xhamz, @cz_binance, @stablekwon, @vitalikbuterin, @stablekwon, @ncweaver, @giganticrebirth, @eric20token, @cz_binance, @katie_martin_fx, @davidgokhshtein, @migueldeicaza, @ncweaver, @wormholecrypto, @hoffmang, @willoremus, @mewn21, @trader_xo, @wormholecrypto, @wormholecrypto, @justinwolfers, @luna_terra_coin, @decryptmedia, @ercwl, @alexhern, @m_paulmcnamara, @theblock__, @web3isgreat, @chainlinkgod, @crypto_condom, @bennetttomlin, and @timccopeland
| Mike Masnick / Techdirt: |
Texas' content moderation law is clearly unconstitutional and forces social media services to allow a torrent of spam or face a deluge of frivolous litigation — So, I already had a quick post on the bizarre decision by the 5th Circuit to reinstate Texas' social media content moderation law …
More:
CNN, Washington Post, Wired, PC Gamer, and Tubefilter
Tweets: @txag, @gaberivera, @david_ingram, @simonw, @espinsegall, @jelenawoehr, @jesselehrich, @soonergrunt, @kevinmkruse, @4l0ts, @4l0ts, @jesselehrich, @edroso, @agraybee, @bkabak, @antonio, @xor, @steveklabnik, @jamesrbuk, @haircut_hippie, @theophite, @anamardoll, @theophite, @hippiegeekgirl, @theophite, @law_comedy, @jrosenworcel, @szhang_ds, @errantstrategry, @popehat, @enternodecs, @ericgarland, @willoremus, @jason_kint, @b_fung, @willoremus, and @mmasnick
| Cat Zakrzewski / Washington Post: |
More:
CNN, Reuters, Engadget, PCMag, NetChoice, The Verge, Axios, Politico, Protocol, Tom Merritt Tech Newsletter, and Bloomberg
Tweets: @aricohn, @aricohn, @steve_vladeck, @acedtect, @japantimes, @philnobilejr, @statesman, @reckless, @sethabramson, @aricohn, @jkosseff, @aricohn, @aricohn, @aricohn, @aricohn, @aricohn, @aricohn, @aricohn, @mmasnick, @ctatech, and @mpetricone
| Peter White / Deadline: |
Sources: Netflix is exploring live streaming for its unscripted shows and stand-up specials, which would enable live voting for competitions — EXCLUSIVE: Netflix is going live for the first time. — Deadline understands that the streamer is exploring the launch of live streaming.
More:
Wall Street Journal, AppleInsider, Engadget, PCMag, The Verge, BGR, Mashable, and iMore
Tweets: @hradzka, @feuenfeu, @myrmecos, @jaycaruso, @bryandfischer, @tomfitton, @tobiasogforrest, @quellevousno2, @brockm, @adamholisky, @cameron, @rockstar_stocks, and @therajgiri
| Kellen Browning / New York Times: |
Twitch confirms the Buffalo gunman livestreamed Saturday's attack on its platform, saying it took his channel down within two minutes of the violence starting — Officials said the gunman broadcast the attack live on Twitch, the livestreaming site owned by Amazon that is popular with gamers.
More:
Associated Press, Buffalo News, The Hill, New York Times, Insider, BNO News, ABC News, Dexerto, Variety, Kotaku, Deadline, Wall Street Journal, Rolling Stone, and Mediaite
Tweets: @bobbyallyn, @ghosted_sound, @kellen_browning, @kellen_browning, @bpdalerts, @mmasnick, @bobbyallyn, and @iwriteok
| Sohee Kim / Bloomberg: |
Sources: Samsung is talking to foundry clients about hiking chipmaking prices by up to 20% in 2022, joining TSMC and UMC, which are planning more price hikes — Samsung Electronics Co. is talking with foundry clients about charging as much as 20% more for making semiconductors this year … | New York Times: |
As the possibility of Roe v. Wade overturn becomes a reality, pro-choice activists and nonprofits are looking at crypto and DAOs to speed up fundraising — Activists and nonprofits are considering digital currencies as a way to raise funds. But can they really do anything other payment methods can't?
Tweets: @aaronwall, @rjcc, @bradmichelson, and @neerajka
| Harsh Upadhyay / Entrackr: |
India-based GoKwik, which helps e-commerce merchants improve conversions and lower return rates, raises a $35M Series B led by Think Investments and RTP Global — E-commerce enablement company GoKwik has raised $35 million in a Series B round led by Think Investments and RTP Global.| Joshua Oliver / Financial Times: |
An interview with Sam Bankman-Fried on crypto hype, blockchain's potential to build a fairer financial system, bitcoin as an asset, philanthropy, and more — When an aide told me that “one of our drivers” would pick me up for my lunch with Sam Bankman-Fried, I imagined a hulking black SUV …
More:
New York Times. Tweets: @katie_martin_fx, @steveclapham, @patrickfrench, @jimpethokoukis, @andrewcarrier, @ftweekend, @newmoneyreview, @tomashirstecon, and @mateobusiness
| Benjamin Pimentel / Protocol: |
A Q&A with SEC Commissioner Hester Peirce, on her criticisms of the SEC's approach to crypto, chair Gary Gensler's leadership, being called “Crypto Mom”, more — SEC Commissioner Hester Peirce is celebrated in memes as “Crypto Mom.” She's considered crypto's staunchest ally …
Tweets: @wilber54x, @xrpcryptowolf, @benpimentel, @owenthomas, and @cryptolawus
| Dimuthu Attanayake / Rest of World: |
Experts say the personal data leaked by Anonymous from various Sri Lankan government and other websites has put regular citizens at severe risk of cybercrimes — Leaked data by the hacker collective has put regular Sri Lankans at severe risk of cybercrime. — • COLOMBO, SRI LANKA
Tweets: @martijn_grooten, @mskidchaos, and @restofworld
| Sam Nussey / Reuters: |
Tokyo- and Bangkok-based Opn, formerly known as Synqa, a digital payments processor and blockchain tech provider, raises a $120M Series C+ at a $1B+ valuation — Digital payments processor Opn, formerly known as Synqa, said it had raised $120 million in a Series C+ funding round …
More:
Forbes, BRIDGE（ブ …, and Tech in Asia
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