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November 21, 2022, 12:00 PM
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WeSmirchTop News
| Stephanie Murray / The Block: |
DCG's Grayscale refuses to share proof of reserves, citing “security concerns”, as Grayscale Bitcoin Trust reaches new lows and DCG's Genesis halts withdrawals — Grayscale will not show proof of reserves due to “security concerns,” after its bitcoin and ether products fell to all-time lows this week.
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Grayscale, Coinbase, CoinDesk, CNBC, Web3 is going just great, CryptoSlate, Bitcoinist.com, Wccftech, Cryptopolitan, Coinpedia Fintech News, Crypto Daily, CoinGape, Cryptonews, Forkast, The Daily Hodl, and WTF happened in bitcoin …
Tweets: @grayscale, @grayscale, @ergobtc, @ap_archpublic, @grayscale, @twobitidiot, @freemrktcptlst, @silvermanjacob, @btc_charlie, @nategeraci, @twobitidiot, @dylanleclair_, @chainlinkgod, @twobitidiot, @bradmillscan, @real_vijay, @ldrogen, @doveywan, @thecryptolark, @hodlkryptonite, @sobylife, @joshbobrowsky, @jordanschachtel, @alphaketchum, @wublockchain, @adamscochran, @mtrl_scientist, @jordanschachtel, @ergobtc, @hodlkryptonite, @zhusu, @rewkang, @gurgavin, @ap_archpublic, @stockgeektv, @mayazi, @dylanleclair_, @ap_archpublic, @btc_archive, @miyuki__eto, @kimdotcom, @devchart, @hodlkryptonite, @endorsen, @coffeebreak_yt, @patregnier, @autismcapital, @smtuffy, @hodlkryptonite, @davidbelle_, @twobitidiot, @jseyff, @poordart, @bradmillscan, @0xfoobar, @apedurden, @0xfoobar, @julianhosp, @tradinglatino, @odell, @newsasset, and @byzgeneral
| Sunil Jagtiani / Bloomberg: |
Crypto prices sink, with bitcoin dropping ~4% to ~$16.1K and ether ~7% to ~$1.1K, dragged down by the FTX saga, hacker offloading ether, and potential contagion — Cryptocurrency prices struggled Monday in the ongoing crisis sparked by the downfall of Sam Bankman-Fried's once powerful FTX empire.
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CNBC, CNBC, Barron's Online, CoinDesk, Cryptonews, CoinDesk, Decrypt, Bitcoinist.com, Coinspeaker, The Block, CoinGape, NewsBTC, The Block, Forkast, Crypto Adventure, and Cryptopolitan
Tweets: @paulg, @vitalikbuterin, @arkhamintel, @thestalwart, @patrikakis, @pmarca, @lookonchain, @allnick, @leadlagreport, @peckshieldalert, @peckshieldalert, @coinmamba, @mcopelov, @pollo2x, @tree_of_alpha, @amasad, @fatmanterra, @sassal0x, @markets, @cburniske, @macnbtc, @blockgraze, @carnage4life, @umbrella_uni, @thestalwart, @btc_jacksparrow, and @peckshieldalert
| Alex Weprin / The Hollywood Reporter: |
The Walt Disney Company's board announces Bob Chapek will step down as CEO and be replaced by Bob Iger for two years effective immediately; stock jumps 8%+ — Disney's board of directors announced the move Sunday evening.
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The Walt Disney Company, Wall Street Journal, CNBC, Deadline, TechCrunch, Insider, Axios, Bloomberg, Bloomberg, CNN, Financial Times, Polygon, MacDailyNews, Insider, The Wrap, New York Post, The Wrap, Variety, Coinspeaker, CNBC, The Guardian, Transistori, Dexerto, Reuters, Engadget, The Hill, Fortune, TechSpot, The Information, iPhone in Canada Blog, GameSpot, Gizmodo, BGR, and Fossbytes
Tweets: @jacobrubashkin, @bchesky, @reedhastings, @modestproposal1, @carnage4life, @panzer, @dkthomp, @rickporter, @caseynewton, @gtwscar, @levie, @dkthomp, @sdkstl, @sub8u, @farhip, @gritgrowthcap, @thr, @kimmasters, @deadlinedominic, @karaswisher, @carnage4life, @benfritz, @scottgustin, @lucas_shaw, @mdudas, @davejorgenson, @big_business_, @scottgustin, @jeff_delgado, @bchesky, @bdsams, @reckless, @stevekopack, @karaswisher, @eugenewei, @jbflint, and @thatrebecca
| Matt Novak / Gizmodo: |
In a tweet reply, Elon Musk says Alex Jones will not be unbanned as he has “no mercy for anyone who would use the deaths of children for gain, politics or fame” — Keeping the Sandy Hook conspiracy theorist off Twitter is personal for Musk. — Alerts
More:
The Guardian, CNN, Axios, Fortune, New York Post, BBC, Insider, Insider, CoinGape, SlashGear, and TheStreet
| Ryan Lovelace / Washington Times: |
Twitter reinstates the accounts of Ye, Project Veritas, and others, despite Musk's pledge to delay such decisions until forming a content moderation council — Several banned Twitter users are making their return to the social media platform, following new owner Elon Musk clearing a path …
More:
Reclaim The Net, CNBC, NBC Bay Area, CoinGape, and Livemint
| Mark Niquette / Bloomberg: |
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Bloomberg, TIME, CNBC, New York Times, International Business Times, MacDailyNews, New York Post, Barron's Online, MUO, The Shortcut, The Daily Beast, Bloomberg, The Hill, Fortune, PCMag, BBC, Semafor, Deadline, Reuters, Newser, and USA Today
| Alexa Corse / Wall Street Journal: |
Elon Musk's Twitter starts the FIFA World Cup, traditionally one of the platform's busiest periods, with a depleted staff, potentially leading to serious issues — Employees have been working for weeks to prepare for the soccer extravaganza, a Twitter executive says
More:
The Guardian, The Guardian, Game Rant, Washington Post, Digital Trends, Android Police, and Deadline
Tweets: @elonmusk, @elonmusk, @zoeschiffer, @rmac18, @marinahyde, @stokeyyg2, @lolacoaster, @elonmusk, @siddarthpaim, and @carnage4life
| Bloomberg: |
Mass tech layoffs leave hundreds of H-1B visa holders scrambling for new jobs to stay in the US; Amazon, Meta, and others sponsored 45K+ in the last three years — Mass tech layoffs have left hundreds of workers living in the US on temporary visas with little time to find another job, or they'll have to leave the country.
More:
Noahpinion. Tweets: @hellotherexu, @arlenparsa, @bollywooddotcom, @alecstapp, @tiffanycli, @katrinamanson, @debarghya_das, @noahpinion, @paulbiggar, @johnsemley3000, and @noahpinion
| Washington Post: |
US government officials worry over Twitter's potential demise, arguing the platform is one of the most effective emergency communication tools — LOS ANGELES — Kate Hutton was watching a Dodgers game one Friday night when she saw something strange in the outfield: The foul poles swayed, her TV feed trembled.
More:
Gizmodo, Associated Press, and Contrarian Boston
Tweets: @mollytaft, @bri_sacks, @akinunver, @augensteinwtop, and @calimapnerd
| New York Times: |
Online sports betting companies are cutting big deals with US colleges to promote gambling to students, like Caesars Sportsbook's $8.4M deal with Michigan State — In order to reap millions of dollars in fees, universities are partnering with betting companies to introduce their students and sports fans to online gambling.
More:
Legal Sports Report. Tweets: @nytimes, @mattzeitlin, @arpitrage, @kenvogel, @carnage4life, @mattbrownep, @julibriskman, @timothypmurphy, @jeffjohnroberts, @nkulw, @_zeets, @jbarro, @austen, @reignofapril, @rtmannjr, @davidenrich, @jonbernhardt, @savan_kotecha, @michaelrwear, @davidenrich, @conor64, @ibjiyongi, @joshtpm, @fordm, @smbrnsn, and @jordanzakarin
| Hannah Murphy / Financial Times: |
An interview with Brian Armstrong on crypto and economic freedom, Coinbase's “no politics in the workplace” policy, the crypto downturn, regulation, and more — Ahead of my lunch with crypto exchange chief Brian Armstrong, his team tell me they had tried to find a decent restaurant …
More:
Protos, CoinJournal, and Life in the 21st Century
Tweets: @pt, @kylebrussell, @adamsinger, @joshspero, @mshannahmurphy, @petersgoodman, @adamlashinsky, @johnthornhillft, and @henryfarrell
| David Yaffe-Bellany / New York Times: |
A look at Gary Gensler's plan to regulate most crypto as securities and questions over the SEC's handling of FTX, which met the regulator before its implosion — Gary Gensler, the chair of the S.E.C., is at the center of a reckoning over the future of cryptocurrency after the implosion of FTX.
More:
Politico. Tweets: @digitalassetbuy, @sentosumosaba, @brucefenton, @cultexpert, @johnedeaton1, @johnedeaton1, @scottmelker, and @jeffjohnroberts
| Paul Sawers / TechCrunch: |
The UK's CMA plans to investigation Broadcom's proposed $61B VMware acquisition, following similar investigations by the European Commission and FTC — The U.K.'s Competition and Markets Authority (CMA) has initiated a so-called “phase 1” investigation into Broadcom's proposed $61 billion deal …
More:
Tech Monitor, GOV.UK, and Reuters
| Paul Tassi / Forbes: |
Twitter's automated copyright strike system appears to be broken, as users upload full movies; some accounts with viral tweets were later suspended — While Twitter, the website, remains online and has not simply collapsed after the vast majority of workers were fired or resigned under Elon Musk …
More:
9to5Mac, Insider, The Verge, Newser, TechCircle, Tech Advisor, Mashable, Gizchina, Appuals.com, TheGamer, Yahoo Lifestyle, Twitter is Going Great!, and Insider
| Mark Gurman / Bloomberg: |
More:
MacRumors, 9to5Toys, Philip Elmer‑DeWitt, FOSS Patents, iPhone in Canada Blog, The Independent, and iMore
Tweets: @markgurman, @kinsellawarren, @samifathi_, @jowyang, and @newsynick
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