|
November 10, 2022, 8:05 AM
|
Mediagazer
memeorandum
WeSmirchTop News
| Wall Street Journal: |
Binance abandons its rescue acquisition offer for FTX after reviewing FTX's finances, saying “the issues are beyond our control or ability to help” — Crypto exchange's decision leaves FTX with uncertain future as it faces multibillion-dollar shortfall — Sam Bankman-Fried in Talks to Raise More Funding
More:
Sequoia Capital, CoinDesk, Bloomberg, Reuters, CoinDesk, CNBC, New York Times, CNN, Decrypt, Finbold, The Block, CoinDesk, Reuters, Barron's Online, Politico, Whitespace, Blockworks, Deadline, TIME, WRAL TechWire, CryptoPotato, Cryptopolitan, Digits to Dollars, Cointelegraph, Protos, Bitcoinist.com, Trustnodes, CoinGape, Coinspeaker, Ethereum World News, BBC, crypto.news, Protocol, CryptoSlate, Crypto Daily, Reuters, Watcher Guru, Coinpedia Fintech News, CoinJournal, DealStreetAsia, MediaNama, and Financial Times
Tweets: @binance, @cz_binance, @justinsuntron, @halocrypto, @cz_binance, @zebulgar, @cobie, @binance, @genesistrading, @jespow, @tier10k, @tier10k, @1markmoss, @hsakatrades, @firstadopter, @fintechfrank, @p3b7_, @autismcapital, @cobie, @jespow, @ianthetechie, @cmsintern, @goodalexander, @cryptohayes, @ldrogen, @functi0nzer0, @iamdcinvestor, @brian_armstrong, @binance, @ohyoublockhead, @cobie, @rajgokal, @tuurdemeester, @adamscochran, @basedkarbon, @lowstrife, @deitaone, @asvanevik, @shaanvp, @cobie, @functi0nzer0, @fiskantes, @beeple, @paleofuture, @hsakatrades, @thestalwart, @binance, @chadlums, @jespow, @jespow, @davidvorick, @thinkingusd, @hsakatrades, @nic__carter, @cryptohayes, @adamscochran, @econoar, @whet, @tree_of_alpha, @autismcapital, @obsoletedogma, @tree_of_alpha, @danprimack, @tier10k, @cobie, @cryptoquant_com, @crypto_chase, @tittyrespecter, and @loopifyyy
| Tanaya Macheel / CNBC: |
Major coins are plummeting: Solana crashes 30%+ to ~$14, bitcoin drops 14%+ to below $17,000, a new low since November 2020, and ether drops 17%+ to ~$1,200 — FTX token plunges as Binance steps in to buy the crypto exchange's non-U.S. unit: CNBC Crypto World
More:
CoinDesk, Blockworks, The Block, DCD, Protocol, CNBC, Forkast, Protos, Bloomberg, Associated Press, and Coinpedia Fintech News
| Reuters: |
Sources detail FTX's rise and fall: CZ's ~$100M investment in 2019, deteriorating relationship with Binance, significant losses at Alameda in 2022, and more — On Tuesday morning, Sam Bankman-Fried, owner of cryptocurrency exchange FTX, caught his employees off-guard with a somber message.
More:
CoinDesk, Finbold, The Block, Tech Monitor, Crypto Daily, Coinspeaker, and Cryptopolitan
| Dan Primack / Axios: |
Sequoia tells partners the firm marked down its FTX investment of $213.5M across two funds to $0, saying it “ran a rigorous diligence process” before investing — - Its $150 million of exposure to both FTX and FTX.US in its third global growth fund represents less than 3% of that fund's total capital commitment.
More:
Bloomberg, The Guardian, Newcomer, Blockworks, TechCrunch, Coinspeaker, crypto.news, Insider, The Information, CoinGape, and TheBitTimes.Com's Newsletter
Tweets: @sequoia, @thestalwart, @ericnewcomer, @ericnewcomer, and @firstadopter
| Gillian Tan / Bloomberg: |
Source: citing an $8B shortfall, Sam Bankman-Fried told investors that FTX needs a cash injection or the company will need to file for bankruptcy — Sam Bankman-Fried told FTX.com investors on Wednesday that without a cash injection the company would need to file for bankruptcy …
More:
Wall Street Journal, New York Times, CNN, Financial Times, Coinspeaker, The Block, Cryptonews, Financial Times, Insider, and Watcher Guru
Tweets: @tier10k, @zhusu, and @cryptoinsightuk
| Bloomberg: |
Sources: the SEC and the CFTC are investigating whether FTX.com mishandled customer funds and FTX's relationship with other parts of Sam Bankman-Fried's empire — US financial regulators are investigating whether beleaguered crypto-exchange FTX.com properly handled customer funds … | Callan Quinn / The Block: |
Binance shares addresses for its wallets and details its holdings: 475K BTC, 4.8M ETH, 17.6B USDT, 21.7B BUSD, 601M USDC, 58M BNB, and a $1B SAFU fund — - Binance has released the addresses of its hot and cold wallets. — It provided a snapshot of its current holdings.
More:
Binance Blog and CoinDesk
Tweets: @paleofuture, @asvanevik, @nansenportfolio, @tree_of_alpha, @wublockchain, and @laurashin
| Joshua Oliver / Financial Times: |
More:
Arthur Hayes, Wired, QTR's Fringe Finance, Coinspeaker, Fortune, and CoinDesk
Tweets: @cz_binance, @functi0nzer0, and @melissaleecnbc
| Kyle Wiggers / TechCrunch: |
After Twitter labels select accounts as “Official”, Elon Musk says he “killed it” and an executive says the label “is still going out” as part of the new Blue — Update: Well, that was fast. The grey checks have begun to disappear following a tweet …
More:
Engadget, Wall Street Journal, PCMag, Insider, The Verge, Washington Post, PhoneArena, Associated Press, Android Headlines, NBC News, City A.M., Music Ally, CNBC, and BGR India
Tweets: @elonmusk, @elonmusk, @esthercrawford, @esthercrawford, @esthercrawford, @waemd, @elonmusk, @agoldmund, @esthercrawford, @mcuban, @mmasnick, @esthercrawford, @esqueer_, @maxwelltani, @dril, @mkbhd, @mkbhd, @dangeredwolf, @alexvtunzelmann, @mattbinder, @fascinated, @mds, @levie, @adambroach, @steve_vladeck, @dojacat, @ditzkoff, @mlothianmclean, @caseynewton, @mcuban, @caseynewton, @malwaretechblog, @caseynewton, @carnage4life, @adamliaw, and @fanhouse
| Taylor Hatmaker / TechCrunch: |
Fake Twitter accounts of athletes and other celebrities, some now suspended, are spreading fake announcements and chaos as paid Blue checkmarks become available — Elon Musk's mercurial leadership and half-baked product plans are already creating fertile ground for confusion on Twitter.
More:
Insider, CNN, TMZ.com, TechCrunch, Digg, The Verge, Snopes, NBC News, Mashable, The Verge, Video Games Chronicle, and NBC Bay Area
| Mark Gurman / Bloomberg: |
Apple limits iOS' AirDrop in China for receiving files from non-contacts to 10 minutes after its use in protests, and plans to change the global default in 2023 — Apple Inc. has limited the AirDrop wireless file-sharing feature on iPhones in China after the mechanism was used by protesters to spread images to other iPhone owners.
More:
9to5Mac, XDA Developers, VICE, The Verge, AppleInsider, South China Morning Post, Engadget, iMore, BGR, Mashable, and Neowin
Tweets: @zeyiyang, @therealjoshye, and @unhedgedchatter
| Kurt Wagner / Bloomberg: |
In his first email to Twitter staff, Elon Musk warns of “difficult times ahead” and ends remote work policies, saying employees should be in 40+ hours per week — New Twitter Inc. owner Elon Musk emailed his workers for the first time late Wednesday to prepare them for …
More:
The Verge, Gizmodo, The Guardian, Engadget, BBC, PCMag, The Economic Times, Insider, TechCircle, and Reuters
Tweets: @louiseridley and @samtabahriti
| Becky Peterson / The Information: |
Report: Twitter filed to register with the US Treasury to process payments; source: Twitter is working on a product that accepts cryptocurrencies including DOGE — Twitter is taking steps to launch a payment processing product that could put it into competition with PayPal.
| Sara Fischer / @sarafischer: |
[Thread] Elon Musk tells advertisers in a Spaces chat that Twitter plans to improve ad relevance, he will pay to verify brands if they don't want to, and more — 1/ Live tweeting @elonmusk Twitter spaces w advertisers: Q: What's biggest learning so far? —"The overarching goal here is, how can we make Twitter a force for good in civilization?" —"We want to be in rigorous pursuit of the truth, to be somewhat in the business of truth"
More:
Adweek, New York Times, Digiday, Axios, CNN, Vox, Engadget, Finextra, TheGamer, Android Headlines, Bloomberg, Dexerto, Beyond Search, and TechCrunch
Tweets: @nandoodles, @justinhendrix, @oneunderscore__, @mmasnick, and @cobie
| Cameron Thompson / CoinDesk: |
OpenSea plans to continue to enforce NFT royalties on its platform, after X2Y2, Magic Eden, and LooksRare altered their NFT royalty structures — “The world is otherwise burning, but we decided this couldn't wait,” a representative from OpenSea told CoinDesk.
More:
Metaverse Post. Tweets: @opensea, @kevinrose, @ysiu, @pranksy, @synystergates, @superrare, @superrare, @gabrielleydon, @allseeingseneca, and @betty_nft
| Gian M. Volpicelli / Wired: |
Law enforcement officers specializing in cryptocurrency investigations are leaving government agencies to join companies like Binance, Coinbase, and Chainalysis — Hunting down crypto criminals is a dying art as law enforcement officers jump in-house. — In the course of a decade … Sponsor Posts
Google:
Try Gemini 3 Pro — Google's newest and most intelligent AI model that helps you bring any idea to life
Try Gemini 3 Pro — Google's newest and most intelligent AI model that helps you bring any idea to life
Shopify:
Shopify's new AI commerce stack — Their VP of Product digs into just-launched products to help entrepreneurs and developers build with the latest AI and tech.
Shopify's new AI commerce stack — Their VP of Product digs into just-launched products to help entrepreneurs and developers build with the latest AI and tech.
Zoho:
Connecting, collaborating, and growing: Zoho Mail 2025 wrap-up — Your inbox has been home to a lot this year—quick updates, long threads, approvals, reminders, and the occasional late-night draft you weren't sure about.
Connecting, collaborating, and growing: Zoho Mail 2025 wrap-up — Your inbox has been home to a lot this year—quick updates, long threads, approvals, reminders, and the occasional late-night draft you weren't sure about.
IDrive:
Protecting your Cloud Applications Data — Backing up Office 365, Google Workspace, Dropbox & Box data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.
Protecting your Cloud Applications Data — Backing up Office 365, Google Workspace, Dropbox & Box data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.Featured Podcasts
BG2 Pod:
AI Enterprise - Databricks & Glean
Open-source podcast on all things tech, markets, investing, and capitalism, hosted by Brad Gerstner.
Subscribe to BG2 Pod.
Great Chat:
The stories we told ourselves in 2025
A podcast mostly about tech. Brought to you weekly by Angela Du, Sally Shin, Mac Bohannon, Helen Min, and Ashley Mayer.
Subscribe to Great Chat.
Grit:
How Brands Stay Visible When AI Decides | Profound CEO James Cadwallader
Grit explores what it takes to create, build and scale world-class organizations.
Subscribe to Grit.
Lenny's Podcast:
The coming AI security crisis (and what to do about it) | Sander Schulhoff
Interviews with world-class product leaders and growth experts to uncover actionable advice to help you build, launch, and grow your own product.
Subscribe to Lenny's Podcast.
Big Technology Podcast:
OpenAI's Potential, Google's Speedy Model, Copilot Hits Turbulence
The Big Technology Podcast takes you behind the scenes in the tech world featuring interviews with plugged-in insiders and outside agitators.
Subscribe to Big Technology Podcast.
Tools and Weapons with Brad Smith:
Ted Sarandos: Netflix and how tech changed storytelling
Microsoft Vice Chair and President Brad Smith speaks with leaders in government, business, and culture to explore the most critical challenges at the intersection of technology and society.
Subscribe to Tools and Weapons with Brad Smith.
About This Page
This is a Techmeme archive page. It shows how the site appeared at 8:05 AM ET, November 10, 2022.
The most current version of the site as always is available at our home page. To view an earlier snapshot click here and then modify the date indicated.
From Mediagazer
Sara Fischer / Axios:Todd Spangler / Variety:
Alex Weprin / The Hollywood Reporter:
Upcoming Tech Events
Earlier Picks
| Frederic Lardinois / TechCrunch: |
More:
IBM Research Blog, The Register, IBM, Ars Technica, IBM Research on YouTube, WRAL TechWire, TechEBlog, Forbes, TechPowerUp, and Reuters
Tweets: @ibmresearch and @jaygambetta