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December 26, 2022, 5:15 PM
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memeorandum
WeSmirchTop News
| Timmy Shen / Forkast: |
IntoTheBlock: the Bitcoin network hashrate dropped by 38.8%+ on December 24 from its December 21 peak as many US-based miners paused operations due to blizzards — The Bitcoin network hashrate has dropped by more than 38.8% from its peak on Wednesday, as many U.S.-based miners have been forced …
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CoinDesk, Wu Blockchain, The Block, Cryptopolitan, Bitcoinist.com, Decrypt, Cointelegraph, Bitcoin News, and crypto.news. Mastodon: @carnage4life@mas.to
| Jaran Mellerud / Hashrate Index: |
Analysis: publicly listed bitcoin mining companies collectively owe $4B+, led by bankrupt Core Scientific with $1.3B as of September 30 and Marathon with $851M — The public bitcoin mining companies collectively owe more than $4 billion, and the biggest of them has already declared bankruptcy due to its unsustainable debt burden.
More:
The Block
| Freddy Brewster / Los Angeles Times: |
FOIA emails detail Sam Bankman-Fried's courtship of US federal regulators, including hiring former regulators and dining with ex-CFTC Commissioner Dan Berkovitz — Before his mid-December arrest, cryptocurrency billionaire Sam Bankman-Fried repeatedly claimed that he was a responsible business leader …
More:
Yahoo Finance and Insider
Tweets: @denniskelleher, @bitboy_crypto, @foiafeed, @attorneyjeremy1, @jeffbercovici, @denniskelleher, and @johnlothian
| Thomas Claburn / The Register: |
Stanford study: programmers who used AI tools like GitHub Copilot to solve a set of coding challenges produced less secure code than those who did not — At the same time, tools like Github Copilot and Facebook InCoder make developers believe their code is sound| Tim Higgins / Wall Street Journal: |
How Elon Musk's finances got more complicated as TSLA dropped 65%+ in 2022, shrinking his borrowing power and his fortune from an estimated $340B peak to $140B — Billionaire's borrowing power has shrunk with Tesla share decline — Elon Musk's Unconventional Management Style: Former Employees Share Stories
More:
Livemint. Tweets: @techwontsaveus, @jimpethokoukis, @ryanbethencourt, @brian_henderson, and @peterbakernyt
| Faiz Siddiqui / Washington Post: |
More:
Insider and Techdirt
Mastodon: @rodhilton@mastodon.social, @malwaretech@infosec.exchange, @faizsays@mastodon.social, @faizsays@mastodon.social, @ChristinaBinkley@journa.host, @faizsays@mastodon.social, @BGrueskin@journa.host, and @simon@simonwillison.net
| Omer Benjakob / Haaretz: |
A look at Tel Aviv-based Toka, which helps governments, intelligence agencies, and law enforcement hack security cameras to alter live feeds and past recordings — Meet Toka, the Israeli cyber firm founded by Ehud Barak, that lets clients hack cameras and change their feeds - just like in Hollywood heist movies
Tweets: @haaretzcom, @spyblog, @haaretzcom, @haaretzcom, @omerbenj, @marwasf, @omerbenj, and @evacide
| Ben Hunte / VICE: |
A look at the Central African Republic's decision to adopt bitcoin as legal tender in April 2022 and launch a half-baked “Sangocoin” cryptocurrency in July 2022 — The Central African Republic heralded its status as the only country in Africa to adopt Bitcoin as legal currency …
More:
Reuters, Cointelegraph, BeInCrypto, and CoinGeek
| Justin Garrison / Justin Garrison: |
Stack Overflow's 2022 Developer Survey: 40.2% use a Linux-based system, up from 25.3% in 2021 and 23.2% in 2018, compared to 62.3% for Windows and 31.1% for Mac — Thanks to the 2022 StackOverflow developer survey we can finally say 2022 was the year of Linux on the Desktop!
More:
WebProNews, Stack Overflow, and Slashdot
Tweets: @thom_wolf, @sspaeti, @akien, @akien, @akien, @akien, @cfkschaller, @rothgar, and @shomikghosh21
| Iris Deng / South China Morning Post: |
Chinese government data for January to October 2022 shows domestic smartphone shipments fell 22% YoY from 275.3M to 214.5M units — Smartphone shipments in China slumped 22 per cent in the first 10 months of the year, according to latest government data, as the industry's largest market … | Matthew Field / Telegraph: |
Source: Magic Leap raised $450M in 2022, across $150M in equity and $300M in debt, giving Saudi Arabia's sovereign wealth fund majority control of the company — Saudi Arabia has taken control of US augmented reality company Magic Leap, The Telegraph can reveal, as the company taps up investors for a further $450m.| Anton Shilov / Tom's Hardware: |
Jon Peddie Research: there are 18 companies globally developing and producing GPUs; eight out of the 11 PC and data center GPU designers are based in China — There are 18 GPU developers worldwide today. — The number of GPU startups in China is extraordinary as the country tries …
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Business Wire
| Dhruv Mehrotra / Wired: |
A look at Flipper Zero, a $200 portable security penetration testing device for hackers to intercept and replay signals from IoT sensors, garage doors, and more — Don't be fooled by its fun name and Tamagotchi-like interface—this do-everything gadget is trouble waiting to happen and a whole lot more.
Mastodon: @carnage4life@mas.to
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