| Washington Post: |
Sources: Elon Musk's deal to buy Twitter is in serious jeopardy as his team concluded that spam account figures aren't verifiable using Twitter's data firehose — Talks with investors have cooled in recent weeks and Musk's camp believes it can't confirm Twitter's claims about spam accounts| Salvador Rodriguez / Wall Street Journal: |
Twitter lays off 30% of its talent acquisition team, or fewer than 100 people, as the company faces increasing business pressures and Musk's potential takeover — Company faces increasing business pressures and potential takeover from Elon Musk — Twitter Inc. TWTR 1.52%▲ … | Jonathan Stempel / Reuters: |
A former investment manager sues Celsius for fraud, saying the crypto lender ran a Ponzi scheme by using customer deposits to rig the price of its crypto token — A former investment manager at Celsius Network sued the crypto lender on Thursday, saying it used customer deposits to rig … | Sergiu Gatlan / BleepingComputer: |
Microsoft rolls back blocking VBA macro scripts by default in Excel, PowerPoint, Access, Visio, and Word, “based on feedback” and “to make improvements” — While Microsoft announced earlier this year that it would block VBA macros on downloaded documents by default … | Immanual John Milton / Bloomberg: |
Glassnode: Bitcoin blockchain activity has dropped 13% from November 2021 highs to early July 2022; balances at exchanges are down 20%+ from a January 20 peak — As the crypto winter deepens, only the staunchest Bitcoin investors are still holding onto their tokens — but not on the exchanges.| CNBC: |
GameStop fires CFO Mike Recupero, who joined about a year ago, and is laying off staff across departments; a source says chairman Ryan Cohen pushed out Recupero — - GameStop has fired its Chief Financial Officer, Mike Recupero. — It's making staff cuts across departments as part … | Nikhilesh De / CoinDesk: |
The US Treasury Department publishes an international crypto regulation framework, the first publication coming from Biden's executive order on digital assets — The document is the first publication to result from U.S. President Joe Biden's executive order on digital assets.| Adam Morgan McCarthy / The Block: |
Hidden Road, a credit network for institutional investors that provides real-time risk management and credit across asset classes, has raised a $50M Series A — - Castle Island Ventures led the $50 million raise which included a host of well known names such as Citadel Securities, FTX Ventures, Wintermute and more.| Caitlin Harrington / Wired: |
Tech companies' offer to help employees sidestep abortion bans does not cover gig workers, temporary workers, and subcontractors, deepening the workforce divide — Google, Amazon, and others will help permanent staff seek out-of-state care. But their many contractors remain shut out.| Andrew Mendez / TechCrunch: |
SpaceX debuts Starlink Maritime, a yacht-focused satellite internet service with speeds up to 350 Mbps, for $5K/month and a $10K one-time hardware fee — Having conquered orbit, SpaceX's next venue seems to be the high seas, through a special yacht-focused sub-brand of its satellite internet service called Starlink Maritime.| Corin Faife / The Verge: |
CertiK: Web3 projects lost $2B+ to hacks and exploits in H1 2022, more than all of 2021 combined; $308M was lost across 27 flash loan attacks in Q2 2022 — A new report from CertiK flags major losses and a growing threat from flash loan attacks — In the first six months of 2022 … | Tim Keary / VentureBeat: |
Coalition, which provides insurance against cyber threats and a real-time risk assessment tool, has raised a $250M Series F at a $5B valuation — As provider of what it calls “Active Insurance,” Coalition not only offers insurance coverage against cyberthreats, but also offers a real …
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| Dan Milmo / The Guardian: |
| Adi Robertson / The Verge: |
| Ivan Mehta / TechCrunch: |
| Max Colchester / Wall Street Journal: |
| Cheyenne Ligon / CoinDesk: |