| Nikhilesh De / CoinDesk: |
The Securities Commission of The Bahamas says it didn't order FTX to reopen withdrawals for Bahamas-based customers, refuting FTX's statement — FTX said last week it had allowed Bahamas-based customers to withdraw funds at its regulators' request. — Crypto exchange FTX was not required … | Financial Times: |
FTX's balance sheet shows $900M in liquid assets the day before bankruptcy, including $470M in Robinhood shares owned by an SBF entity not in bankruptcy filings — Vast gap highlights the dire state of Sam Bankman-Fried's exchange before it collapsed into bankruptcy| Bradley Saacks / Semafor: |
Sources: Sam Bankman-Fried and most of his inner circle are still in the Bahamas but many senior FTX employees left for Hong Kong and elsewhere in recent days — Nassau, Bahamas — Many of the dozens of senior employees who work at FTX in the Bahamas, where the embattled crypto exchange is headquartered … | CoinDesk: |
| MacKenzie Sigalos / CNBC: |
| Wall Street Journal: |
| Molly White / Web3 is going just great: |
| Ina Fried / Axios: |
Sources: Twitter starts cutting an unspecified number of contractors in various fields, including content moderation, real estate, marketing, and others — After laying off half its staff earlier this month, Twitter on Saturday started culling its vast ranks of contract staff, sources confirmed to Axios.| Shaurya Malwa / CoinDesk: |
Binance and Huobi block deposits of FTX's native token, FTT, after 192M tokens worth ~$400M were released out of schedule and without warning — The tokens were illicitly released from FTT's main deployer address. — Crypto exchanges Binance and Huobi blocked deposits of FTT … | Adrienne LaFrance / The Atlantic: |
Elon Musk is failing to convince people that Twitter is a town square, telling users what they can and can't say for a laugh and charging $8 for the privilege — Recently, comedy clubs have begun doing this thing that seemed, when I first encountered it, both wildly hypocritical and more than a little sad.| Aisha Malik / TechCrunch: |
YouTube is introducing a new “Live Q&A” feature to make it easier for creators to select and manage questions from viewers in the chat during livestreams — YouTube is introducing a new “Live Q&A” feature that is designed to make it easier for creators to interact with viewers during livestreams.| Financial Times: |
A profile of Changpeng Zhao, as sources describe a divisive entrepreneur on a relentless drive to grow at all costs, including by ignoring regulatory compliance — The Binance founder's actions left Sam Bankman-Fried's FTX filing for bankruptcy — On Tuesday afternoon Changpeng Zhao … | Richard Waters / Financial Times: |
Factors like a fall in demand and an increase in manufacturing capacity have led to a sharp chip cycle downturn, suggesting a bottom in the market may be near — Growing number of companies have issued weak sales and profit projections — If Wall Street had any doubts about the speed … | Fred Pennic / HIT Consultant: |
Fathom, which develops AI for automating medical coding, raised a $46M Series B led by Alkeon Capital and Lightspeed, bringing its total funding to $61M — What You Should Know: — Fathom, an AI-powered medical coding automation platform raises $46M in Series B funding co-led … | Justin Dawes / Skift: |
Kyte, which offers on-demand car rentals in 14 US cities, raised a $60M Series B led by InterAlpen, bringing its total funding to about $300M in equity and debt — Skift Take … Three travel tech startups raised nearly $202 million this week. — >>Kyte, an app that offers on-demand car rentals …
Fast, affordable law for startups — Soxton automates startup legal so founders can move faster and sleep better. We handle incorporation, advisor, employment and commercial contracts. Join the waitlist for early access!
Accelerate AI Adoption at F5's AI Virtual Summit — Learn how to architect, secure, and scale AI for production with real-world insights from industry leaders on June 23. Register now to save your spot.
Zoho RPA named a Leader in the 2026 RPA Technology Value Matrix by Nucleus Research — Zoho RPA has been named a Leader in the 2026 RPA Technology Value Matrix, published by Nucleus Research …
Protecting your Cloud Applications Data — Backing up Office 365, Google Workspace, Dropbox & Salesforce data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.
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| Clive Thompson / UX Collective: |
| Jon Victor / The Information: |