Techmeme: Analysis: Binance, Crypto.com, Coinbase, FTX, and other crypto companies have committed $2.4B+ to sports marketing in the past 18 months (Kim Bhasin/Bloomberg)

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The California DMV accuses Tesla of falsely advertising Autopilot and FSD features, in a pair of July 28 filings with the CA's Office of Administrative Hearings — The California Department of Motor Vehicles has accused Tesla of false advertising in its promotion of the company's signature Autopilot and Full Self-Driving technologies.

More: CNBC, Engadget, Insider, Associated Press, MarketWatch, Reuters, Bloomberg, The Register, and Vicki Bryan's Bond Angle

Tweets: @business and @politireality

Aislinn Keely / The Block:

Voyager will begin processing customer cash withdrawals on August 11 after getting court approval on August 4; customers can withdraw up to $100K each 24 hours — - Voyager on August 4 received approval to honor cash withdrawals with the funds held in custody at Metropolitan Commercial Bank.

Source: NODE from Voyager. More: Crypto Briefing, Cointelegraph, Bloomberg, CryptoSlate, CoinDesk, and Wall Street Journal

Tweets: @investvoyager and @menamassoud

Cade Metz / New York Times:

A brief history of AI and why some AI researchers believe the technology they have built is sentient or conscious despite no evidence — Robots can't think or feel, despite what the researchers who build them want to believe. — As the sun set over Maury Island, just south of Seattle …

Tweets: @kateconger, @jessicahelfand, @fabiochiusi, @nytimes, @cydharrell, and @glynmoody

Lawrence Abrams / BleepingComputer:

Twitter confirms that a now-patched bug was used to link phone numbers and emails to user accounts; a threat actor offered to sell 5.4M records in December 2021 — Twitter has confirmed a recent data breach was caused by a now-patched zero-day vulnerability used to link email addresses …

More: Twitter Privacy Center, The Record, Security Affairs, CyberScoop, TechCrunch, DataBreaches.net, The Hacker News, SlashGear, SecurityWeek, The Hill, and Social Media Today

Tweets: @joshsternberg, @marciahofmann, @campuscodi, @privacymatters, and @liveoverflow

Filipe Espósito / 9to5Mac:

Kuo: Foxconn will begin production of at least one iPhone 14 model “almost simultaneously” in India and China, the first time this will happen for a new iPhone — Apple's key partner Foxconn has iPhone production lines in a few other places in the world outside of China, such as Brazil and India.

Source: @mingchikuo. More: Gizchina, Daring Fireball, The Mac Observer, Livemint, The Hindu BusinessLine, The Economic Times, iPhone Hacks, Cult of Mac, Philip Elmer‑DeWitt, iThinkDifferent, iClarified, Pandaily, and O'Grady's PowerPage. Tweets: @refsrc

Manish Singh / TechCrunch:

Binance CEO Changpeng Zhao claims it doesn't own Indian crypto exchange WazirX despite disclosing the acquisition in 2019; WazirX founder disputes Zhao's claims — Binance, the world's largest crypto exchange by trading volume, said on Friday it doesn't own India-based platform WazirX despite disclosing …

Source: @cz_binance and @nischalshetty. More: The Block, Entrackr, CryptoSlate, CoinGape, Coinpedia, The Block, CoinGape, CoinJournal, The Economic Times, Ethereum World News, and Reuters

Tweets: @nischalshetty, @silvermanjacob, @cz_binance, and @silvermanjacob

Kris Holt / Engadget:

Indonesia restored access to PayPal, Yahoo, and Valve services in the country after companies signed up to licensing rules introduced in 2020 — Indonesia has unblocked PayPal, Steam owner Valve and Yahoo (Engadget's parent company), allowing them to resume operations.

More: Reuters and PC Games Insider

Sean Lyngaas / CNN:

The US DOJ says Alexander Vinnik, founder of BTC-e, a crypto exchange alleged to have laundered $4B+ in proceeds, was extradited from Greece to the US — A Russian national accused of running a multibillion-dollar cryptocurrency exchange that allegedly profited from various hacking …

More: U.S. Department of Justice, InfoRiskToday.com, The Daily Hodl, CoinDesk, Cointelegraph, Coinspeaker, Protos, and Blockworks. Tweets: @fbi

New York Times:

How Coinbase went from a triumphant IPO to facing challenges with international expansion, global competition, revenue diversification, and staffing adjustments — In just over a year, the United States' largest cryptocurrency exchange went from a triumphant public offering to a “crypto winter” of cost cutting and layoffs.

Tweets: @nytimesbusiness, @spirosmargaris, @jeffjohnroberts, and @mikeisaac

Kim Bhasin / Bloomberg:

Analysis: Binance, Crypto.com, Coinbase, FTX, and other crypto companies have committed $2.4B+ to sports marketing in the past 18 months — For fans of professional sports, the insistent overtures from the crypto industry have become almost impossible to miss: The names of exchanges …

More: PYMNTS.com. Tweets: @robinwauters and @quicktake

New York Times:

A look at Japan's efforts to counter chip supply chain disruptions, including investing in domestic production and seeking a coalition with the US and the EU — As it reckons with supply chain vulnerabilities, the country is spending billions to revitalize domestic production and seeking to form a coalition with “like-minded” nations.

More: Technopolitik. Tweets: @leapingrobot, @martijnrasser, @hkanji, and @nytimestech

Leigh Mc Gowran / Silicon Republic:

Akamai: web application attacks on the gaming industry increased 167% YoY from May 2021-April 2022, and 37% of all DDoS attacks were against the gaming sector — Akamai said the growing value in gaming has attracted more criminals seeking to disrupt online games and steal valuable player accounts.

More: VentureBeat and Infosecurity. Thanks:@leigh_mc_gowran

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