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June 30, 2022, 12:40 PM
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memeorandum
WeSmirchTop News
| Yogita Khatri / The Block: |
Source: FTX walked away from a deal with Celsius after finding the crypto lender had a $2B hole in its balance sheet and was difficult to deal with — - FTX was interested in making a deal with Celsius but walked away because of the state of its finances, two sources told The Block.
More:
CoinDesk, Benzinga, and Coinspeaker
| CoinDesk: |
Sources: digital asset trading company Genesis is potentially facing “a few hundred million dollars” in losses, partly through exposure to 3AC and Babel Finance — The DCG-owned trading colossus is said to have suffered nine-figure losses partly through exposure to Three Arrows Capital and Babel Finance.| Rita Liao / TechCrunch: |
OpenSea warns all its users of email phishing attempts after an employee at email vendor Customer.io downloaded and sent email details to an external party — Opensea, the popular NFT marketplace that hit a colossal $13 billion valuation in January, is warning users of email phishing after a data breach.
Source:
OpenSea Blog. More:
The Guardian, The Block, The Economic Times, BleepingComputer, Blockworks, Protocol, BetaNews, KnowTechie, CryptoSlate, Cybernews.com, Cryptonews, Decrypt, Graham Cluley, Mashable, Tech in Asia, Crypto Briefing, Bitcoinist.com, and Cryptopolitan
Tweets: @opensea, @opensea, @irinaheaver, @ahiddensociety, @cz_binance, @alexhern, @opensea, @opensea, @eclecticmethod, @officer_cia, @troyhunt, @screentimes, @gcluley, @punk6529, @opensea, and @ryancarson
| Yueqi Yang / Bloomberg: |
CoinFlex postpones plans to resume withdrawals, saying they will return “as soon as possible”, as its CEO declines to share how much its rvUSD token has raised — Cryptocurrency exchange CoinFlex won't resume withdrawals Thursday as it had planned as it continues to raise funds …
More:
CNBC, Insider, MarketWatch, CryptoSlate, Cointelegraph, and CryptoPotato
Tweets: @rogerkver and @wallstreetsilv
| Joanna Ossinger / Bloomberg: |
Bitcoin is on track for its worst quarter since Q3 2011, dropping 56%, after falling as much as 4.4% to just above $19K on Thursday — Bitcoin is on track for its worst quarter in more than a decade, as more hawkish central banks and a string of high-profile crypto blowups hammer sentiment.
More:
Barron's Online, Bloomberg, CNBC, Cryptonews, Decrypt, Cointelegraph, Decrypt, and CryptoPotato
Tweets: @saylor, @grady_booch, @ercwl, @fomocapdao, and @bigcheds
| Joyce Lee / Reuters: |
Samsung becomes the first to mass produce 3nm chips, beating TSMC, touting 45% lower power usage compared to 5nm chips, a 16% smaller surface area, and more — Samsung Electronics Co Ltd (005930.KS) said on Thursday it has begun mass producing chips with advanced 3-nanometre technology … | Ari Notis / Kotaku: |
Unity lays off over 200 people, or 4% of its workforce, two weeks after the CEO said at an all-hands meeting that there would not be any layoffs — Management at the company behind the free game development engine has been a ‘shit show’ recently, sources say
More:
Protocol, Bloomberg, GamesIndustry.biz, Engadget, MCV/DEVELOP, Game Developer, Fossbytes, PC Gamer, VentureBeat, Wccftech, and TheGamer
Tweets: @iwgb_gw, @nickstatt, @nickstatt, @tprstly, @protopop, @dj_link, @liasae, and @marctech1996
| Filipe Espósito / 9to5Mac: |
Apple says South Korean app developers can now use external payment methods from KCP, Inicis, Toss, and NICE by submitting a new version, reducing fees by 4% — Earlier this year, Apple announced that it would comply with a new law in South Korea that required the company to allow third-party payment providers in App Store apps.
Source:
Apple Developer. More:
The Verge, AppleInsider, PYMNTS.com, Protocol, Neowin, Engadget, Philip Elmer‑DeWitt, The Mac Observer, PhoneArena, The Korea Herald, iMore, iMore, MacRumors, MacStories, BGR, and TechCrunch
Tweets: @appfairness, @timsweeneyepic, @vladsavov, @johnvoorhees, and @bzamayo
| Stephen Nellis / Reuters: |
Apple's CarPlay update, demoed at WWDC 2022, will let users tap an app to navigate to a pump and buy gas from its dashboard as early as this fall — Apple Inc (AAPL.O) wants you to start buying gas directly from your car dashboard as early as this fall, when the newest version …
More:
9to5Mac, AppleInsider, MacRumors, iDownloadBlog.com, MacDailyNews, and iMore
Tweets: @alexeheath, @tcpeter, @brianroemmele, @hoodieonveshti, and @carlquintanilla
| Karen Weise / New York Times: |
Documents show Amazon has restricted items and search results related to LGBTQ people and issues in the UAE, after the Emirati government threatened penalties — Sales of items including flags and books were blocked in the country, where homosexuality is criminalized. — Give this article- - - Read in app
More:
The Guardian, Gizmodo, ExchangeWire.com, Engadget, The Verge, Insider, and BBC
Tweets: @reckless, @the_lefty1945, @jldastin, @rgay, @kyweise, and @oliharris808
| Reuters: |
An investigation details an Indian hacking-for-hire scheme to obtain documents in legal cases, starting in 2013 and targeting 100+ US and European organizations — A trove of thousands of email records uncovered by Reuters reveals Indian cyber mercenaries hacking parties involved …
More:
The Keyword and BleepingComputer
Tweets: @shanehuntley, @feikehacquebord, @billyleonard, @shanehuntley, @razhael, @reuters, @razhael, @howelloneill, @iblametom, @shashj, and @razhael
| Nikhilesh De / CoinDesk: |
Grayscale Investments sues the US SEC after the agency rejected its application on Wednesday to convert its flagship Grayscale Bitcoin Trust product to an ETF — The SEC rejected Grayscale's application to convert its Grayscale Bitcoin Trust to an exchange-traded fund earlier Wednesday.
More:
GlobeNewswire News Room, CoinDesk, Messari Crypto, The Block, Protocol, TheStreet, The Block, Bloomberg, Inside Bitcoins, Financial Times, Crypto Owl's newsletter, Finbold, Bitcoin Magazine, CryptoSlate, Blockworks, Reuters, CryptoPotato, Coinspeaker, Crypto Briefing, Decrypt, The Block, Benzinga, and Forkast
Tweets: @sonnenshein, @smdiehl, @jbsdc, @smtuffy, @bowtiedbull, @adam3us, @nategeraci, @jenn_rosenthal, and @bitboy_crypto
| Taylor Hatmaker / TechCrunch: |
YouTube says channels can't hide subscriber counts starting on June 29 to fight fake accounts, and rolls out an “increase strictness” comment moderation setting — Spam isn't a new problem for social media, but everyone seems to agree that it's gotten a lot worse lately.| Bloomberg: |
Interviews detail Didi's fall due to China's crackdown, losing $60B+ in market cap in one year and blindsiding executives, after its $4.4B US IPO in June 2021 — It was an unusually frigid December weekend when Cheng Wei summoned his inner circle to his Beijing office.
Tweets: @cocojournalist, @karisoo1, and @donweinland
| Bloomberg: |
Filing: ex-Apple retail chief Ron Johnson's at-home tech setup company Enjoy files for bankruptcy less than a year after a SPAC merger and sells to Asurion — Enjoy Technology Inc., a retail startup founded by former Apple Inc. executive Ron Johnson, filed for bankruptcy on Thursday … | Wired: |
Section 230 is the last line of defense for abortion speech online, without which platforms could face legal liability for distributing abortion information — Dobbs should be a wake-up call for anyone seeking to undercut the immunity protections afforded by Section 230 of the Communications Decency Act.
More:
Fight for the Future and Vanity Fair
| Zeke Faux / Bloomberg: |
An in-depth look at the 2016 Bitfinex hack and US government's case against Ilya Lichtenstein and Heather Morgan, aka Razzlekhan, over alleged money laundering — The hackers had been inside the Bitfinex servers for weeks before attempting the heist. They'd watched users on the cryptocurrency exchange buy and sell Bitcoins.
Tweets: @kaileyleinz, @chafkin, @oliviasolon, @cfarivar, @zekefaux, @oliviasolon, @crypto, and @latseema
| Bloomberg: |
EU lawmakers provisionally agree on anti-laundering rules for crypto, requiring verified customer identities for transfers between regulated digital wallets — The European Parliament and Council reached a provisional agreement to force crypto providers to provide identifying information …
More:
CoinDesk, Bitcoinist.com, PYMNTS.com, Silicon Republic, CryptoSlate, The Block, Coinspeaker, Reuters, and Decrypt
Tweets: @ernesturtasun, @okovarikmep, @mhiesboeck, @mhiesboeck, @gladstein, @theguyswann, @ernesturtasun, @paultang, and @samrusani
| Raffaele Huang / Wall Street Journal: |
Sources: Tencent, ByteDance, and others lay off thousands of employees, after Chinese internet companies cut tens of thousands during regulatory crackdowns — Latest round of job cuts at Chinese tech giants comes even as Beijing signals easing of its regulatory campaign against the sector| Mike Wheatley / SiliconANGLE: |
London-based Snowplow Analytics, which helps companies collect and analyze customer data, raised a $40M Series B led by NEA, bringing its total funding to $55M — Snowplow Analytics Ltd., a startup that helps businesses collect and own their customer data, said today it has closed …
More:
TechCrunch, VentureBeat, and Snowplow
| Wall Street Journal: |
Researchers warn that some businesses exaggerate AI's capabilities, brewing misunderstanding and distorting policymakers' views of AI's power and fallibility — Google, Meta and OpenAI are investing heavily in the technology, which is increasingly capturing the public imagination
More:
Newslit Daily and Fossbytes
Tweets: @_karenhao, @dlauer, @dlauer, @dlauer, @timnitgebru, @dmonett, @timnitgebru, @dlauer, @dlauer, @mmitchell_ai, and @dlauer
| Jason Schreier / Bloomberg: |
Niantic, the company behind Pokémon Go, lays off ~8% of its staff, around 85 to 90 people, and cancels four projects; Niantic was valued at $9B in November 2021 — Gaming company Niantic Inc., which has struggled to find another big hit following its 2016 game Pokémon Go …
More:
Android Police, Wall Street Journal, Engadget, Kotaku, The Verge, Pocket Gamer.biz, Android Headlines, TechSpot, SlashGear, MCV/DEVELOP, Destructoid, TechCrunch, MobileSyrup, Digital Trends, Polygon, Dot Esports, IGN, TheGamer, and Protocol
Tweets: @ohnorosco, @harrymccracken, @scobleizer, @ddiakopoulos, and @tamashiihiroka
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Metacurity, TechCrunch, Infosecurity, CoinDesk, Crypto Daily, Cointelegraph, Bitcoinist.com, The Hacker News, CryptoPotato, The Korea Herald, CryptoSlate, Cybernews.com, Ethereum World News, Crypto Briefing, Decrypt, and Forkast. Tweets: @alexhern
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