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December 27, 2022, 8:05 AM
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| Eli Tan / CoinDesk: |
Solana-based NFT projects DeGods and Y00ts plan to leave the SOL ecosystem for Ethereum and Polygon, respectively; DeGods had asked for $5M to stay on SOL — DeGods will bridge over to Ethereum while its sister project Y00ts will move to Polygon with a grant from the layer 2's partnership fund.
More:
Blockworks, The Block, Metaverse Post, Coinpedia Fintech News, CoinGape, Inside Bitcoins, KioNFTguy's corner, Cointelegraph, Watcher Guru, Bitcoin News, CryptoPotato, The Daily Hodl, NFT Evening, Forkast, and Bitcoinist.com
Tweets: @degodsnft, @y00tsnft, @degodsnft, @aeyakovenko, @primitivcrypto, @thejonnyjpegs, @altcoindailyio, @aeyakovenko, @ivanontech, @litecoinyagami, @moludotsol, @solamimamis, @whalechart, @ahoc_milan, @ercwl, @apedurden, @jtoyts, @sandeepnailwal, @basche42, @0xlightcycle, @pons_eth, @0xpolygon, @r89capital, @rainnen23, @baerevo_, @solbigbrain, @solanasensei, @solanasensei, @curvethots, @modestrebirth, @wublockchain, and @0xfoobar
| Financial Times: |
BAYC, Doodles, Pudgy Penguins, and other NFT projects are diversifying into real-world assets, including toys, albums, and sports teams, to generate new revenue — Creators of best-selling internet collectibles have responded to a crash in the value of crypto and digital assets by seeking new revenues … | 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:
crypto.news, Yahoo Finance, and Insider
| New York Times: |
German researchers bought a US military device, last used in Afghanistan in 2012, with fingerprints, iris scans, and other data on 2,632 people, for $68 on eBay — German security researchers studying biometric capture devices popular with the U.S. military got more than they expected for $68 on eBay.
More:
Engadget and Slashdot
Tweets: @johnismay, @johnismay, @johnismay, @hatr, @marcowenjones, and @cfschuetze
| Timmy Shen / Forkast: |
IntoTheBlock: the Bitcoin network hash rate fell 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 …
More:
CoinDesk, Cryptopolitan, Micky, Bitcoinist.com, Decrypt, Cointelegraph, The Block, Bitcoin News, and crypto.news
| Shelby Brown / CNET: |
Q&A with Apple App Store Vice President Matt Fischer on Apple Arcade's inception, its lack of a flagship exclusive game, approaching game developers, and more — Exclusive: Apple's answer to the competition has been to offer casual games for a flat fee, and it's working.| 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.
More:
The Information. Mastodon: @caseynewton@mastodon.social. Tweets: @ballmatthew. Thanks:@matthfield
| Nilay Patel / The Verge: |
Q&A with YouTube's Chief Product Officer Neal Mohan on why the company acquired NFL rights, giving creators game footage, 4K broadcasts, multiscreen, and more — YouTube won the big bidding war for NFL Sunday Ticket yesterday, beating out Apple, Amazon, and ESPN with a deal worth a reported $2 billion a year.
Tweets: @jacobfeldman4, @cjzero, and @alex_kirshner
| Qianer Liu / Financial Times: |
Experts say Hua Hong, China's second-largest chip foundry, is barely affected by US sanctions and its focus on older chips could make it Beijing's new favorite — US restrictions on advanced tech help foundry benefit from Beijing's shifting view of the semiconductor supply chain
Tweets: @pstasiatech, @martijnrasser, @pstasiatech, and @nathanbenaich
| 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| Eisaku Nitta / Nikkei Asia: |
Japanese manufacturer Kyocera plans to invest ~$9.78B in semiconductors through March 2026, roughly doubling its expenditure from March 2020 to March 2023 — Company to pledge KDDI shares for first time as collateral to raise funds — KYOTO — Kyocera will expand its investment in semiconductors …
More:
Reuters and Business Wire
| Haleluya Hadero / Associated Press: |
The $1.7T US funding package included the INFORM Act, forcing Amazon, Meta, and others to verify prolific sellers to combat counterfeit and dangerous goods — Retailers are scoring one win in the government-wide spending bill, which will force online marketplaces like Amazon and Facebook …
More:
eSeller365, Modern Retail, U.S. Senator Dick Durbin …, PCMag, and Slashdot
Tweets: @astaniscia86, @valueaddedrs, @senatordurbin, and @senatordurbin
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