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January 12, 2023, 11:55 PM
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| Sarah Wynn / The Block: |
The SEC charges Genesis and Gemini with offering and selling unregistered securities to retail investors via a crypto lending program promising to pay interest — - The SEC charged both Gemini and Genesis with unregistered offering and sale of securities to retail investors, some of who were in the U.S.
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U.S. Securities …, Barron's Online, New York Times, Bloomberg, Washington Post, PYMNTS.com, Financial Times, Bloomberg, CoinDesk, Decrypt, The Information, CryptoPotato, Reuters, Fortune, Watcher Guru, Blockworks, CryptoSlate, BTC Times, United States District Court, Southern District of New York, Cointelegraph, SiliconANGLE, Crowdfund Insider, Trustnodes, xuanling11's Free Newsletter, and CoinGape
| Nikou Asgari / Financial Times: |
Sources: crypto broker Genesis owes creditors over $3B, leading DCG to explore selling parts of its venture capital holdings, estimated at ~$500M, to raise cash — Barry Silbert's conglomerate weighs offloading venture assets to help wholly owned digital asset lender
More:
Protos, NBC News, CNBC, The Daily Hodl, Reuters, The Block, Fortune, Watcher Guru, and CryptoPotato
Tweets: @tier10k, @ap_abacus, @deitaone, @dylanleclair_, @ap_abacus, @coinbureau, @wublockchain, @nikasgari, @stevesokolowsk2, @neiljacobs, and @ramahluwalia
| Lucinda Shen / Axios: |
Sam Bankman-Fried publishes a Substack post offering his account of how FTX collapsed, sticking to his claims of innocence even after ex-executives pled guilty — Disgraced FTX founder Sam Bankman-Fried on Thursday published his account of how the crypto company collapsed.
More:
SBF's Substack, The Block, Decrypt, Wall Street Journal, Wall Street Journal, Cointelegraph, Bitbanter, Wccftech, CoinDesk, Mashable, Engadget, and CryptoSlate
Tweets: @sbf_ftx, @sbf_ftx, @0xquit, @billackman, @cryptohayes, @compound248, @ceostroff, @mattgoldstein26, @sbf_ftx, @unusual_whales, @degen_julian, @castrotech, @ivanthek, @0xquit, @bowtiednightowl, @kadhim, @anthony, @sbf_ftx, @byrnehobart, @bee_are_, @defiyst, @om, @crypthoem, @compound248, @ryansadams, @daveweisberger1, @kantrowitz, @tiffanyfong_, @wassielawyer, @mgsiegler, @degeneratenews, @scottnover, @dlauer, @chrisbloomstran, @umbrella_uni, @nope_its_lily, @smtuffy, @digitallawrence, @wassielawyer, @wassielawyer, @compound248, @davidgerard, @kylascan, @hotepjesus, @danprimack, @dlauer, @kofinas, @veh0rny, @compound248, @renato_mariotti, @udiwertheimer, @raamana_, @gergelyorosz, @josephpolitano, @iamdcinvestor, @ceostroff, @zerohedge, @teddyschleifer, @ivanthek, @kirbylarp, @smtuffy, @cameronmoulene, @austen, @asemota, @defiyst, @kadhim, @basedkarbon, @caspiancey, @0xshittrader, @smdiehl, @bondhack, @macrocrg, @loopifyyy, @tiffanyfong_, @kantrowitz, @wublockchain, @functi0nzer0, @pierre_crypt0, @xyzqcrypto, @stoicsavage, @alex, @alexandrascaggs, @compound248, @pledditor, @metalawman, @seyitaylor, @degeneratenews, @kadhim, @davidgura, @autismcapital, @xamanap, @hactar0, @caitlinlong_, @christorreslugo, @iamdcinvestor, @compound248, @mylesudland, @smilinglllama, @coloradotravis, @emptywheel, @avcrypto_, @bigblackjacobin, @joepwilliams31, @jessicanutt96, @hany, @silvermanjacob, @wublockchain, @thestalwart, @iamdcinvestor, @sruhle, @evan_lorenz, @smtuffy, @jamespmcleod, @trungtphan, @leomschwartz, and @gergelyorosz
| Gareth Corfield / Telegraph: |
Sources: a Russia-linked LockBit ransomware gang infected the UK's Royal Mail customs label printers, forcing the postal service to stop overseas deliveries — Lockbit's ransomware scrambled software on machines used to send international post — A Russia-linked ransomware gang was behind …
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BBC, BBC, BleepingComputer, BBC, The Independent, Reuters, BleepingComputer, The Guardian, TechCrunch, InfoRiskToday.com, Bloomberg, Financial Times, and The Verge
Tweets: @telegraph, @profwoodward, and @gazthejourno
| Tony Stubblebine / The Official Medium Blog: |
Medium launches a Mastodon instance on me.dm, promising members a service with reliable moderation, smoother onboarding, an interesting local feed, and more — The fediverse is a breath of fresh air for writers and social media — Today, Medium is launching a Mastodon instance at me.dm …
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Bloomberg and TechCrunch
Mastodon: @medium@me.dm, @miklo@fosstodon.org, @coachtony@me.dm, @biz@me.dm, @atomicpoet@mastodon.social, @coachtony@me.dm, @coachtony@me.dm, @dansinker@omfg.town, @ASegar@mastodon.social, @markhughes@mastodon.social, @happyborg@fosstodon.org, @werwolf@fosstodon.org, @aral@mastodon.ar.al, @raynor@raynor.haus, @coachtony@me.dm, @coachtony@me.dm, @anildash@me.dm, @nilesh@fosstodon.org, @tchambers@indieweb.social, @kissane@mstdn.social, @kissane@mstdn.social, and @Penguinflight@mastodon.online
Tweets: @carlquintanilla, @jlori, @kurtwagner8, @samro, @brittanyjezouit, @dimensionmedia, @kidehen, @mhbergen, @medium, @randfish, and @tonyajoriley. Thanks:@chrismessina
| Bloomberg: |
Sources: Google and Nvidia told the FTC that the Activision Blizzard deal could give Microsoft an unfair advantage in cloud, subscription, and mobile gaming — Alphabet Inc.'s Google and Nvidia Corp. have expressed concerns to the Federal Trade Commission about Microsoft Corp.'s acquisition …
More:
MarketWatch, Neowin, Reuters, IGN, TechSpot, GameSpot, Ars Technica, and BGR
Tweets: @nurodev, @italianclownz, @cecianasta, @nickstatt, and @fosspatents
| Mark Gurman / Bloomberg: |
SEC filing: Apple plans to cut Tim Cook's compensation by 40%+ to $49M in 2023, citing investor guidance and a request from Cook, who was paid $99.4M in 2022 — Apple Inc. is cutting Chief Executive Officer Tim Cook's compensation by more than 40% to $49 million in 2023 …
More:
SEC.gov, BBC, Silicon Valley Business …, 9to5Mac, MacRumors, MacRumors, CNET, Financial Times, MarketWatch, CNBC, The Hollywood Reporter, The Information, Reuters, Insider, iMore, Wall Street Journal, NBC News, Dow Jones Newswires, The Verge, 9to5Mac, AppleInsider, iPhone in Canada Blog, Deadline, Investing.com, Communications Workers …, and Philip Elmer‑DeWitt
Tweets: @markgurman, @chancehmiller, @sharkbiotech, @rsgnl, and @cwaunion
| John D. McKinnon / Wall Street Journal: |
Google argues that gutting Section 230 “would upend the internet” in a brief filed with the US Supreme Court ahead of a YouTube case involving terrorist content — Tech giant files brief in YouTube case brought by family of woman killed in Paris terrorist attacks
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The Keyword, The Information, MarketWatch, The Hill, Gizmodo, Bloomberg, CNN, The Hill, and Axios
Tweets: @axios, @timcohn, and @aregularjabroni
| Anthony Capaccio / Bloomberg: |
Congress rejects the US Army's request for $400M to buy as many as 6,900 Microsoft HoloLens goggles this fiscal year but approves $40M to develop a new model — Microsoft Corp. won't be getting more orders for its combat goggles anytime soon after Congress rejected the US Army's request …
More:
SiliconANGLE, The Verge, BigTechWire, Gizmodo, Engadget, The Register, Thurrott, OnMSFT.com, and Windows Central
Tweets: @counternotions, @fbbagholder, @dinabass, and @lexnfx
| Bloomberg: |
Bulgarian police raided London-based crypto lender Nexo's office in Sofia on January 12, seeking information on suspected money laundering and tax crimes — Crypto lender Nexo's office in Sofia was raided by Bulgarian police on Thursday as part of an investigation into suspected money laundering and tax crimes.
More:
CoinDesk, Reuters, Dirty Bubble Media, Decrypt, The Sofia Globe, Novinite.com, Cointelegraph, BestBrokers.com, The Crypto Basic, Crypto Adventure, Protos, and PYMNTS.com
Tweets: @nexo, @nexo, @emilyjnicolle, @arkhamintel, @wublockchain, @adamscochran, @mikeburgersburg, @ramahluwalia, @jconorgrogan, @cryptonator1337, @otteroooo, @kamikaz_eth, @frances_coppola, @inversebrah, @otteroooo, @matigreenspan, @silvermanjacob, @nexo, @arturo_p_a, @alderlaneeggs, and @davidgerard
| The Guardian: |
Meta sues to ban Voyager Labs from using Facebook and Instagram, alleging the investigative software startup created 38K+ accounts to scrape 600K+ users' data — The social media giant launched an investigation into Voyager's use of fake accounts after a Guardian investigation
More:
Meta, Brennan Center for Justice, Social Media Today, CNBC, United States District Court, and Adweek
Tweets: @rachelblevinson, @sociallydoesit, @jmbooyah, and @rachelblevinson
| Semafor: |
Sources: Tiger Global struggles to raise its latest fund after investors learned it secretly paid a senior female employee $10M to settle bullying allegations — Tiger Global, the $60 billion firm that's a major tech investor, has been struggling to raise its latest venture fund since investors learned …
Tweets: @saacksattack
| Kenrick Cai / Forbes: |
Butter Payments, which uses AI to help companies catch accidental subscription churn, raised a $21.5M Series A led by Norwest, sources say at a ~$100M valuation — A decade ago, Microsoft, Dropbox and Scribd were all leaking money. They were losing millions a year to subscriptions that were being … | Kenrick Cai / Forbes: |
Sources: low-code app development tool startup OutSystems raised $228.4M in October 2022 at a $4.3B valuation, 55% lower than February 2021's $9.5B valuation — OutSystems, a software firm which sells low-code app development tools, quietly raised a new financing round last October at less …
Tweets: @kenrickcai
| Connie Guglielmo / CNET: |
After a report, CNET explains its test for AI writing articles edited by humans, changes the byline on AI-written posts, and makes its disclosure more prominent — For over two decades, CNET has built our reputation testing new technologies and separating the hype from reality.| Sarah Perez / TechCrunch: |
TikTok is testing, with select agencies, a Talent Manager Portal that helps creators' agents and representatives to oversee, execute, and analyze brand deals — TikTok is making it easier for brands to work with its “megastar” creators with an update to its Creator Marketplace … | Chainalysis: |
Analysis: in 2022, illicit crypto transaction volume rose to an all-time high of $20.1B, of which 44% came from activity associated with sanctioned entities — Every year, we publish our estimates of illicit cryptocurrency activity to demonstrate the power of blockchains' transparency …
More:
Reuters, Tech Monitor, Fox Business, CyberScoop, Watcher Guru, Gizmodo, and Fortune
Tweets: @chainalysis, @leomschwartz, @clarkcoin1, and @ericgeller
| Financial Times: |
Sources: the Cyberspace Administration of China acquired a 1% stake, or “golden shares”, in an Alibaba subsidiary, and plans to do the same for a Tencent unit — Beijing changes tack in its efforts to secure a firmer grip on the country's tech giants
More:
The Information, Bloomberg, and Reuters
| Tonya Riley / CyberScoop: |
NSA Director Paul Nakasone urges Congress to renew the FISA's Section 702, set to expire in 2023, saying the surveillance law protects the US from cyberattacks — NSA Director and head of U.S. Cyber Command Gen. Paul Nakasone said in remarks on Thursday that intelligence authorities …
More:
The Record
| Gavin Bonshor / AnandTech: |
Intel unveils its Core i9-13900KS CPU, clocked at 6GHz out of the box, with eight performance cores, 16 efficiency cores, and a 150W TDP, available now for $699 — Initially mentioned during their Innovation 2022 opening keynote by Intel CEO Pat Gelsinger, Intel has unveiled … | TechCrunch: |
Sources: Tokyo-based aggregator website and app SmartNews, valued at $2B in 2021, laid off ~120 people, or 40% of US and China staff, with more coming in Japan — SmartNews, a Tokyo-headquartered news aggregation website and app valued at $2 billion as of 2021, today announced a 40% reduction …
Tweets: @seovillas
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