Techmeme
December 28, 2022, 5:40 PM

Top News

Osato Avan-Nomayo / The Block:
Alameda-linked wallets traded Lido, Polygon, Uniswap, and other tokens for ether and USDT, before swapping for bitcoin, taking their holdings to 47.6 BTC  —  - Wallets linked to Alameda Research have sold several crypto tokens.  — These swaps happened barely days after Sam Bankman-Fried posted bail.
Gretchen Morgenson / NBC News:
A look at North Dimension, a little-known Alameda Research subsidiary, where the SEC says FTX told customers to wire funds to trade without disclosing the ties  —  Among the 130 or so companies in Sam Bankman-Fried's sprawling crypto empire, North Dimension Inc. assumed a low profile.
Jonathan Stempel / Reuters:
Court records: SBF is expected to enter a plea before a new judge on January 3, after the original judge recused herself as her husband's law firm advised FTX  —  Sam Bankman-Fried is expected to enter a plea next week to criminal charges he defrauded investors and looted billions of dollars …
Bloomberg:
Court filings: Sam Bankman-Fried said in an affidavit that he and Gary Wang borrowed $546M+ from Alameda to buy a nearly 8% stake, or ~56M shares, in Robinhood  —  FTX founder Sam Bankman-Fried said he and former executive Gary Wang borrowed more than $546 million from Alameda Research to buy …
Oliver Knight / CoinDesk:
SEC filing: MicroStrategy acquired ~3,205 BTC for ~$56.4M from Nov. 1 to Dec. 24 and sold ~704 BTC on Dec. 22 to offset gains, taking its holding to ~132.5K BTC  —  The software company also sold a small amount of the cryptocurrency for the first time.  —  MicroStrategy (MSTR) …
Sidhartha Shukla / Bloomberg:
Solana drops 10%+ to under $10, as bitcoin and ether fall 1% to 2%, over concerns that large holders may be about to offload the token; SOL is down 94%+ in 2022  —  Solana, the cryptocurrency backed by fallen crypto mogul Sam Bankman-Fried, tumbled on Wednesday amid concerns that large holders may be about to offload the token.
Theo Wayt / The Information:
Source: Amazon has discussed a standalone app for watching sports, decluttering the Prime Video app; Andy Jassy recently reaffirmed Amazon's streaming ambitions  —  Amazon has discussed doing a stand-alone app for watching sports content, people briefed on the conversations told The Information.
Joe Schneider / Bloomberg:
Investors sue Gemini and Tyler and Cameron Winklevoss for offering Gemini Trust Earn interest-bearing accounts, which the company didn't register as securities  —  Gemini Trust Co. and its founders, Tyler and Cameron Winklevoss, were sued by investors who claim the crypto asset exchange sold …
Ian Johnston / Financial Times:
Mastodon CEO Eugen Rochko rejected more than five Silicon Valley VC offers for “hundreds of thousands of dollars” to protect the platform's nonprofit status  —  Fast-growing open-source microblogging site has seen a surge of interest since Elon Musk took over Twitter
Moira Warburton / Reuters:
The US House bans TikTok on all House-managed devices, citing a “high risk due to a number of security issues”, after similar bans by US state governments  —  The popular Chinese video app TikTok has been banned from all U.S. House of Representatives-managed devices …
Sam Kessler / CoinDesk:
A hacker leaks API keys belonging to users of crypto trading service 3Commas, which said its users were “phished”; 3Commas CEO confirms the leaked data  —  The leak comes after 3Commas repeatedly told users that they had been “phished” after widespread hacks.
Jonathan Vanian / CNBC:
CCS Insight: global shipments of VR and AR devices fell 12%+ YoY to 9.6M in 2022; NPD: US annual sales of VR headsets fell 2% YoY to $1.1B as of early December  —  - Sales of virtual reality headsets in the U.S. declined 2% year over year to $1.1 billion as of early December, according to NPD Group.
Aoyon Ashraf / CoinDesk:
Bitcoin miner Argo Blockchain avoids bankruptcy after agreeing to sell its Helios mining facility in Texas to Galaxy Digital for $65M and taking a $35M loan  —  Galaxy will buy Argo's Helios facility for $65 million and provide $35 million loan to help the miner amid restructuring.

Sponsor Posts

Command Line:
What will the next generation of developers do when AI writes the code?  —  Microsoft and Carnegie Mellon are betting that the junior devs we train today will be the senior engineers of tomorrow.
Will Reed:
The best sales leaders aren't job hunting.  Here's how to reach them without months of cold outreach.  —  Our team came from Box, Square, and Brex, so we already know the GTM leaders worth meeting.
Zoho:
UK tax compliance with Zoho Books  —  The evolving tax landscape in the UK has added an additional responsibility to business owners, accountants, and bookkeepers to ensure their choice of accounting software supports compliance …
IDrive:
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.

Featured Podcasts

Big Technology Podcast:
Anthropic IPO Panic, A Spy At OpenAI?, The Great Food Slop Debate
The Big Technology Podcast takes you behind the scenes in the tech world featuring interviews with plugged-in insiders and outside agitators.
Subscribe to Big Technology Podcast.
Great Chat:
What happened to tech's backbone?
A podcast mostly about tech. Brought to you weekly by Angela Du, Sally Shin, Mac Bohannon, Helen Min, and Ashley Mayer.
Subscribe to Great Chat.
The Upstarts Podcast:
The $7B Startup Mapping Your Health In Just One Hour | Neko's Hjalmar Nilsonne
Veteran tech reporter Alex Konrad sits down with breakout entrepreneurs taking on the status quo to shake up their fields in AI, design, nuclear energy, space, and more.
Subscribe to The Upstarts Podcast.
Cheeky Pint:
The company building underwater drones for $50,000
Stripe cofounder John Collison interviews founders, builders, and leaders over a pint.
Subscribe to Cheeky Pint.
BG2 Pod:
Jensen Huang | Does AI Revenue Justify Capex, '27 AI Bottlenecks, Singularity, Open vs Closed & more
Open-source podcast on all things tech, markets, investing, and capitalism, hosted by Brad Gerstner.
Subscribe to BG2 Pod.
Channels with Peter Kafka:
How to Run a Political Campaign in the TikTok Era (And How Not To)
Media and tech aren't just intersecting - they're fully intertwined. To understand how those worlds work, Peter Kafka talks to industry leaders, upstarts and observers.
Subscribe to Channels with Peter Kafka.
 

About This Page

This is a Techmeme archive page. It shows how the site appeared at 5:40 PM ET, December 28, 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.

More News

Benjamin Parkin / Financial Times:
Josh Ye / Reuters:
Wall Street Journal:

Earlier Picks

Wall Street Journal:
Bloomberg:
Taylor Rains / Insider:
Jonathan Stempel / Reuters:
Joe Rossignol / MacRumors: