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December 29, 2022, 8:05 AM
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| Jonathan Stempel / Reuters: |
Court records: SBF is expected to enter a plea before a new judge on January 3; the original judge recused herself because 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 …
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New York Post, Blockworks, The Guardian, Cointelegraph, The Block, Cryptonews, Crypto Daily, Bitcoinist.com, Micky, PYMNTS.com, Bitcoin News, crypto.news, Watcher Guru, CoinGape, CryptoPotato, Insider, Forkast, Politico, CoinGeek, and CryptoSlate
Tweets: @autismcapital, @basedkarbon, @sirajahashmi, @unusual_whales, @autismcapital, @lines_down, @0xallen_, @0xfoobar, @tom_winter, @cgasparino, @tom_winter, @poordart, @219_eth, @watcherguru, @givnerariel, @metalawman, @nftbark, @tammhammer, @lex_node, @tree_of_alpha, @btc_jacksparrow, and @laurashin
| CNBC: |
The SEC says FTX made two $100M investments using customer funds in fintech company Dave in March 2022 and blockchain startup Mysten Labs in September 2022 — - FTX and former CEO Sam Bankman-Fried made two $100 million venture investments using customer funds through an FTX subsidiary, the SEC said in a pair of complaints.
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Mastodon: @carnage4life@mas.to. Tweets: @refsrc, @grdecter, @mikulaja, @rogoswami, @wublockchain, @martypartymusic, and @tristan0x
| Kate Conger / New York Times: |
Twitter resolves widespread issues reported by users; Downdetector shows the issues began around 7pm ET on December 28 and mainly affected Twitter's website — The issues surfaced several days after Elon Musk said he had shut down one of the company's major data centers.
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Mastodon: @davew@mastodon.social, @hankgreen@mas.to, @netblocks@mastodon.social, @mmasnick@mastodon.social, @timbray@hachyderm.io, @inkican@mastodon.social, @evacide@mastodon.lol, and @mmasnick@mastodon.social
Tweets: @elonmusk, @elonmusk, @emilygorcenski, @loopifyyy, @markdstrauss, and @stanlewis_
| Debby Wu / Bloomberg: |
TSMC begins mass producing its next-gen 3nm chips in Taiwan, which need ~35% less power than 5nm chips, following Samsung, and also promised to build 2nm plants — Taiwan Semiconductor Manufacturing Co. kicked off mass production of next-generation chips Thursday, ensuring the island remains …
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| Hannah Miller / Bloomberg: |
Solana cofounders Anatoly Yakovenko and Raj Gokal scramble to move past FTX's stain on their token, down 96% from November 2021; FTX and Alameda bought 58M+ SOL — Solana, the blockchain network once championed by Sam Bankman-Fried, is drawing immense scrutiny as industry watchers wonder whether …
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| Sam Kessler / CoinDesk: |
A hacker leaks 10K+ API keys belonging to users of crypto trading service 3Commas, which had 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.
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Tweets: @cz_binance, @ys_3commas, @3commas_io, @tier10k, @zachxbt, @zachxbt, @zachxbt, @coinmamba, @blackbeardxbt, @garlamwon, @cz_binance, @wiseanalyze, @zachxbt, @buda_kyiv, @zachxbt, @c7five, @coindesk, @star_okx, @functi0nzer0, @tree_of_alpha, @zachxbt, @okx, @zachxbt, @zachxbt, @jnun, @ys_3commas, @threadoor, and @zseano
| Cristina Criddle / Financial Times: |
OpenSea CEO Devin Finzer acknowledges “some setbacks” since FTX fell, argues NFTs could be “denominated in US dollars”, and says OpenSea has a “healthy runway” — Head of leading marketplace responds to digital assets slump following FTX scandal| MK Manoylov / The Block: |
CryptoSlam: NFT trading volume fell from $24M+ on December 20 to $12.9M on December 25, down for a second consecutive year; Yuga's BAYC rallied before Christmas — - NFT sales volumes fell in the lead up to Christmas in both 2021 and 2022. — However, Yuga Labs's Bored Ape Yacht Club's …
Tweets: @wublockchain
| Muyao Shen / Bloomberg: |
A look at the US case against Avraham Eisenberg, who claimed his “highly profitable trading strategy” was legal, over allegedly exploiting Mango Markets — Criminal charges against a crypto trader who claimed to have walked away with about $50 million worth of digital assets …
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Crypto Daily, CoinGeek, PYMNTS.com, The Record, Cryptonews, CryptoPotato, Financial Times, CoinDesk, Decrypt, The Block, CoinGape, NewsBTC, Web3 is Going Just Great, Cointelegraph, Reuters, and CryptoSlate
Tweets: @queenwartooth, @heerjeet, @asherlangton, @bradmillscan, @tomkysar, @silvermanjacob, @smtuffy, and @silvermanjacob
| Matt Burgess / Wired: |
2022 saw the re-emergence of hacktivism on a large scale, with some new tactics and approaches blurring the lines between hacktivism and state-sponsored attacks — Throughout 2022, geopolitics has given rise to a new wave of politically motivated attacks with an undercurrent of state-sponsored meddling.| Tabby Kinder / Financial Times: |
Brokers and investors: Silicon Valley workers are offloading shares in secondary markets, compounding a fall in valuations, amid layoffs and a slow IPO market — Workers forced into sales at sharp discounts amid job cuts and stalled IPO market — Silicon Valley workers are rushing …
Tweets: @juneangelides and @mpawlo
| Tracy Qu / South China Morning Post: |
After a 24+ hour Alibaba Cloud outage on December 18, Alibaba names Wu Zeming as CTO and says CEO Daniel Zhang Yong will oversee Cloud, effective immediately — Alibaba Group Holding's CEO has taken direct control over the Chinese tech giant's cloud computing business, a key growth driver …
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TechCrunch, Alizila, ZDNet, Nikkei Asia, Pandaily, Tech in Asia, and TechNode
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