Techmeme
November 12, 2022, 12:00 PM

Top News

CoinDesk:
FTX claims it has been hacked, and instructs users not to install new upgrades or go to FTX.com and to delete FTX apps, after $600M+ in crypto left FTX wallets  —  FTX officials appeared to confirm rumors of a hack on Telegram, instructing users to delete FTX apps and avoid its website.
More: Financial Times, Financial Times, The Block, Bloomberg, The Verge, Wall Street Journal, The Block, Blockworks, Reuters, TechCrunch, Fortune, Reuters, The Block, Decrypt, Elliptic Connect, Axios, CoinGape, Financial Times, CoinDesk, CNBC, CoinDesk, New York Times, The Teardown, CoinJournal, CryptoPotato, CryptoSlate, Heretic Speculator, Crypto Briefing, Crypto Adventure, CryptoGlobe, Crypto Daily, Web3 is going just great, The Daily Hodl, CoinDesk, CoinGeek, and Cointelegraph
Tweets: @c7five, @_ryne_miller, @0xfoobar, @elonmusk, @zachxbt, @elonmusk, @zachxbt, @bgurley, @0xtre, @spreekaway, @dogetoshi, @autismcapital, @zachxbt, @dsquareddigest, @vitalikbuterin, @edvis100, @grdecter, @im_goomba, @wublockchain, @mudit__gupta, @0xfoobar, @scupytrooples, @devchart, @edzitron, @jchervinsky, @milkroaddaily, @gordongoner, @kuroxlb, @lookonchain, @cryptoub, @gergelyorosz, @ashleevance, @phil_lewis_, @jordanschachtel, @cryptodonalt, @justinbennettfx, @ericliptonnyt, @levie, @buccocapital, @route2fi, @autismcapital, @7im, @modestproposal1, @davidgokhshtein, @edzitron, @autismcapital, @hunterwalk, @teroterotero, @rmac18, @zachxbt, @cloud_opinion, @0xfoobar, @zachweinberg, @0xfoobar, @ki_young_ju, @profjeffjarviss, @cz_binance, @wublockchain, @gergelyorosz, @carnage4life, @fintechfrank, @wallstreetsilv, @bitboy_crypto, @marionawfal, @watcherguru, @0xfoobar, @coinbureau, @minigrogu, @dmitryopines, @beastlyorion, @dogetoshi, @bitboy_crypto, @jasonfurman, @noahpinion, @zachxbt, @stackersatoshi, @arkhamintel, @cryptotony__, @marionawfal, @tree_of_alpha, @dogetoshi, @harrymccracken, @jillrgunter, @titanxbt, @statelayer, @hsakatrades, @gordongoner, @ryansadams, @crypto_chase, @tradermayne, @novogratz, @dogetoshi, @sobylife, @tree_of_alpha, @litcapital, @functi0nzer0, @punk6529, @icebergy_, @magicaltux, @coindesk, @valueandtime, @nekoztek, @0xfbifemboy, @conejocapital, @asvanevik, @thedata_nerd, @gurgavin, @adamscochran, @qtrresearch, @enjoyoor, @lawmaster, @adamscochran, @generativist, @cryptovinco, @zackvoell, @quant_network, @spectatorindex, @punk6529, @peckshieldalert, @lefterisjp, @0xradar, @sassal0x, @the_delysium, @raypaxful, @degenspartan, @investmentshulk, @hsakatrades, @tree_of_alpha, @edzitron, @titanxbt, @octal, @msuiche, @tszzl, @loopifyyy, @stunlikes, @themlpx, @jonwu_, @marionawfal, @josephpolitano, @abu9ala7, @autismcapital, @richerd, @tradermayne, @kdenkss, @adamscochran, @leonidasnft, @tayvano_, @dannydiekroeger, @davidfbailey, @dylanleclair_, @mhonkasalo, @autismcapital, @altcoindailyio, @mikeisaac, @loopifyyy, @robustus, @tittyrespecter, @whale_alert, @davidinglestv, @0xfoobar, @coinmamba, @bitfinexed, @altcoinpsycho, @iamdcinvestor, @wassielawyer, @salsatekila, @219_eth, @parikpatelcfa, @dtrain22k, @route2fi, @jeffjohnroberts, @bantg, @219_eth, @nycsouthpaw, @captaindefi2, @altcoinpsycho, @0xquit, @sheldonevans, @camirusso, @altcoindailyio, @mrjasonchoi, @tradermayne, @jason, @mhonkasalo, @cryptokaleo, @richerd, @iamnoahmiller, @wublockchain, @219_eth, @statelayer, @dylanleclair_, @rnr_0, @marionawfal, @drericding, @rmac18, @thecryptolark, @sassal0x, @peckshieldalert, @mikeisaac, and @autismcapital
Angus Berwick / Reuters:
Sources: spreadsheets shown by SBF to FTX's regulatory and legal teams show that at least $1B of client funds that moved from FTX to Alameda is unaccounted for  —  At least $1 billion of customer funds have vanished from collapsed crypto exchange FTX, according to two people familiar with the matter.
Wall Street Journal:
Sources: Alameda CEO Caroline Ellison told staff on November 9 that she, SBF, and two FTX executives were aware that FTX lent its customers' money to Alameda  —  Trading firm Alameda's troubles helped lead to the bankruptcy of crypto exchange FTX  —  Alameda Research's chief executive …
Shaurya Malwa / CoinDesk:
Angus Berwick / Reuters:
Sam Bankman-Fried claims he is still in the Bahamas, answering “nope” to speculation that he had flown to South America after FTX filed for bankruptcy  —  FTX founder Sam Bankman-Fried told Reuters on Saturday that he was in the Bahamas, denying speculation on Twitter that he had flown …
Brian Windhorst / ESPN:
Miami-Dade County and the Miami Heat are ending their arena naming rights deal with FTX; the county had signed a 19-year, $135M deal for the rights in 2021  —  Miami-Dade County and the Miami Heat are ending their arena naming rights deal with bankrupt cryptocurrency firm FTX.
New York Times:
An internal Twitter log shows that more than 140,000 accounts had signed up for the new Twitter Blue as of November 10  —  The social media service, which is undergoing changes from its new owner Elon Musk, has descended into a messy swirl of spoof messages and parody accounts.
Elizabeth Lopatto / The Verge:
Washington Post:
New York Times:
Internal docs and court records: FBI made a push in late 2020 and H1 2021 to deploy Pegasus in criminal investigations, before dropping the plans in July 2021  —  Christopher Wray, the F.B.I.'s director, told Congress last December that the bureau purchased the phone hacking tool Pegasus for research purposes.
Reuters:
Meta tells staff the company plans to exit its Portal business, wind down smartwatch projects, and says 46% of its 11K job cuts were in tech vs. 54% in business  —  Meta Platforms (META.O) told employees on Friday that 54% of the 11,000 jobs it cut earlier this week were business roles and the rest were in technology.

Sponsor Posts

Tribe AI:
Build AI that works  —  Tribe builds tech for top AI companies.  Get in touch to learn how our bench of 500+ engineers and researchers can accelerate your roadmap.
Kulkan Security:
Hire Kulkan as your penetration testing partner  —  Kulkan prioritizes deep-dive manual security reviews, dissecting your software and infrastructure to find issues that once remediated can truly reduce security risk.
Zoho:
Environmental impact of remote support: Reducing carbon footprints in IT  —  Information technology is essential for powering core business processes and facilitating communication.
Mastodon:
Donate to Mastodon  —  Mastodon gGmbH, the non-profit behind the open-source software powering the social web, relies entirely on support from users like you.  Donate directly with a credit card or through Patreon.
The Kevin Rose Show:
Magatte Wade, Unlocking Prosperity in Africa (#53)
Gain unconventional wisdom and insights through conversations with top expert in AI, investing, wellness, technology, and culture.
Techmeme Ride Home:
Thu. 04/18 - Game Emulators On iOS And The Atlas Robot Lives!
The day's tech news, every day at 5pm ET. Fifteen minutes and you're up to date.
Subscribe via Apple Podcasts, Spotify, or RSS.
 

About This Page

This is a Techmeme archive page. It shows how the site appeared at 12:00 PM ET, November 12, 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.

Earlier Picks

Financial Times: