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March 2, 2023, 8:50 AM
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WeSmirchTop News
| David Z. Morris / CoinDesk: |
After a report said Binance misplaced ~$1.8B in USDC, Binance offered confused and sometimes contradictory responses, continuing its petulant and defensive tone — The FUD is coming from inside the building, says David Z. Morris, CoinDesk's chief insights columnist.
More:
Forbes, CoinDesk, Wall Street Journal, and Binance Blog
Tweets: @cz_binance, @unusual_whales, @cz_binance, @grdecter, @aaronrday, @bitboy_crypto, @gandalfcryptto, @patrickbyrne, @eltrade, @eltrade, @eltrade, @eltrade, @joeconsorti, @yoda, @adamscochran, @cz_binance, @cz_binance, @adamscochran, @silvermanjacob, @silvermanjacob, @leomschwartz, @leomschwartz, @sarahnemerson, and @eltrade
| CoinDesk: |
Filing: crypto-friendly US bank Silvergate delays its annual report, citing investigations from regulators, Congress, and the DOJ; SI plunges 30%+ — Shares fell over 10% in after-hours trading. — Christy Goldsmith Romero … Commissioner — U.S. Commodity Futures Trading Commission
More:
U.S. Securities and Exchange Commission, Decrypt, Bloomberg, CoinDesk, PYMNTS.com, Protos, Bloomberg, CoinDesk, Inside Bitcoins, Coinspeaker, Reverie, Wall Street Journal, CoinGape, Crowdfund Insider, MarketWatch, and Cointelegraph
Tweets: @tier10k, @adamscochran, @schwab_clarence, @tier10k, @jcoviedo6, @adamscochran, @emilyjnicolle, @tier10k, @davidjadler1991, @mikeburgersburg, @ahcastor, @thetranscript_, @travis_kling, @bitfinexed, @davidgerard, @rollinreisinger, @caspiancey, @level941, @bitfinexed, @dylanleclair_, @unusual_whales, @silvermanjacob, @markflowchatter, @bank_reg, @thestalwart, @bank_reg, @kamikaz_eth, @degenspartan, @goldtelegraph_, and @bitfinexed
| Christiana Loureiro / The Block: |
Coinbase switches banking partners for Prime accounts from Silvergate to Signature, after Silvergate reported being “less than well-capitalized” — - Coinbase is telling its Prime customers to use Signature bank. — Coinbase is telling its Prime customers to use Signature Bank instead …
More:
CoinDesk and CryptoPotato
Tweets: @coinbase, @coinbase, @ap_abacus, @tier10k, @jcoviedo6, @coinbase, @lawmaster, @tier10k, @levi_alterman, @silvermanjacob, @fintechfrank, @akadosang, @tier10k, @tier10k, @tier10k, @coinbase, and @adamscochran
| John Gruber / Daring Fireball: |
After Twitter cut off API access, Tapbots and The Iconfactory update Tweetbot and Twitterrific, asking subscribers to consider declining prorated refunds — Long story short: If you're a subscriber to either Tweetbot or Twitterrific, you can help them out with three simple steps:
More:
TechCrunch and Six Colors
Mastodon: @siracusa@mastodon.social, @overholt@glammr.us, @peternlewis@mastodon.social, and @marcoarment@mastodon.social
Tweets: @jeremylittau, @rands, @keleftheriou, @rogueamoeba, and @dmoren
| Kyle Wiggers / TechCrunch: |
Following criticism, OpenAI says the company won't use data submitted via its API for “service improvements” like AI model training, unless a customer opts in — As the ChatGPT and Whisper APIs launch this morning, OpenAI is changing the terms of its API developer policy …
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OpenAI, Speak, TechCircle, Ars Technica, The Verge, Watcher Guru, Search Engine Journal, and Fortune
Tweets: @sama, @sherwinwu, @sama, @ivan_bezdomny, and @brianroemmele
| Kyle Wiggers / TechCrunch: |
OpenAI launches a ChatGPT API for businesses, with dedicated capacity plans, priced at $0.002/~750 words, and says Snap and Shopify are among the early adopters — To call ChatGPT, the free text-generating AI developed by San Francisco-based startup OpenAI, a hit is a massive understatement.
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Silicon Republic, Computerworld, The Economic Times, Metaverse Post, GitHub, TechCrunch, Tom's Guide, TechRadar, gHacks Technology News, GSMArena.com, Techlusive, The Register, Voicebot.ai, Mostly Cloudy, iPhone in Canada Blog, BGR, Felipe's Substack, ZDNet, SiliconANGLE, CIO Dive, Synthedia, Neowin, Engadget, Appuals.com, CNN, and South China Morning Post
Tweets: @openai, @gdb, @sama, @granatallc, @alex, @sama, and @bentossell
| CyberScoop: |
The Biden administration releases its cybersecurity strategy, seeking to impose minimum standards, shift responsibility to larger software makers, and more — The strategy represents a shift in how Washington approaches cybersecurity, veering toward a more strictly regulated approach.
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WhiteHouse.gov, The White House, The Hill, CSIS, Associated Press, Wall Street Journal, NBC News, Washington Post, Reuters, Politico, CNBC, CBS News, Fox News, Bloomberg, Voice of America, DataBreachToday.com, SecurityWeek, New York Times, WRAL TechWire, and Nextgov
Tweets: @wavesblog, @ericgeller, @ericgeller, @nicolesganga, @nicolesganga, @joeconsorti, @shashj, @campuscodi, and @autismcapital
| Tom Warren / The Verge: |
Microsoft updates its Bing chatbot to let users toggle between creative, balanced, and precise tones, hoping to counter Bing's wild outbursts — Microsoft has added a new feature to its Bing chatbot that lets you toggle between different tones for responses.
More:
TechRadar, MSPoweruser, Insider, and OnMSFT.com
Tweets: @mparakhin, @mparakhin, @nearcyan, @mikeindustries, @kantrowitz, and @tomwarren
| Elizabeth Weil / New York Magazine: |
A profile of Emily M. Bender, a computational linguist at the University of Washington who co-wrote a paper in 2020 to illustrate what LLMs can and cannot do — Nobody likes an I-told-you-so. But before Microsoft's Bing started cranking out creepy love letters; before Meta's Galactica spewed racist rants … | Benj Edwards / Ars Technica: |
Microsoft researchers unveil Kosmos-1, a multimodal LLM they claim can understand image content, pass visual IQ tests, and accepts a variety of input formats — Microsoft believes a multimodal approach paves the way for human-level AI. — On Monday, researchers from Microsoft introduced Kosmos-1 …
More:
arXiv, ZDNet, and BigTechWire
Tweets: @alphasignalai, @omarsar0, @gerardsans, @pkedrosky, @tsendeemts, @xixidu, @cherrvak, @intuitmachine, @realhongyu_wang, @joshuasegeren, @aibreakfast, and @joedevon
| Financial Times: |
Sources: Chinese officials have declined to process Arm China's transfer to a new Vision Fund entity, holding up Arm's plan to exit the joint venture — Unresolved restructuring looms over SoftBank's plans for blockbuster listing of UK chip designer — China is holding up Arm's plan … | Martin Smolár / WeLiveSecurity: |
Researchers detail UEFI bootkit BlackLotus, capable of bypassing UEFI Secure Boot even on up-to-date Windows 11 systems and selling for $5K since October 2022 — The first in-the-wild UEFI bootkit bypassing UEFI Secure Boot on fully updated UEFI systems is now a reality| Ivan Mehta / TechCrunch: |
Snap plans to let Snapchat users pause Streaks by buying Streak Restores for $0.99 each time and will soon let Snapchat+ subscribers pause Streaks indefinitely — Maintaining Snap Streaks — where you send a snap to your friend once every 24 hours — is really important to a lot of Snapchat users.| John Koetsier / Forbes: |
Apptopia: so far in 2023, TikTok has generated $205M more in IAP revenue than Facebook, Instagram, Snapchat, and Twitter combined — Big social networks are pulling a massive revenue U-turn since Apple's introduction of App Tracking Transparency. The user privacy feature …
More:
Apptopia Blog and KnowTechie
Mastodon: @atomicpoet@mastodon.social. Tweets: @shiraovide, @johnkoetsier, @forbestech, and @tichitsinde
| Ainsley Harris / Fast Company: |
A profile of OpenAI CTO Mira Murati, who previously led Model X development at Tesla and has been at the helm of OpenAI's strategy to test its tools in public — OpenAI unlocked the generative-AI boom with tools like ChatGPT and Dall-E—and that's why it's our Most Innovative Company of the Year.
More:
Insider and Gradient Ascendant
Tweets: @imkarthikk, @npew, @mikehofman, @davidlidsky, and @ainsleyoc
| Chloe Xiang / VICE: |
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Vox. Tweets: @pt, @joeyquits, @nixcraft, @kylebrussell, @adam_k_levin, @pankajontech, @gergelyorosz, @gergelyorosz, and @grady_booch
| Alexander Osipovich / Wall Street Journal: |
A profile of former FTX engineering chief Nishad Singh; filings show Singh owned 7.8% of FTX US, 10% of FTX Ventures, and 44M shares in the main exchange — He is the latest member of FTX's inner circle to plead guilty to fraud — Nishad Singh followed Sam Bankman-Fried into the high-stakes world of cryptocurrency trading.
More:
Livemint, Cointelegraph, The Block, Crypto Briefing, and InfoRiskToday.com
Tweets: @aosipovich and @chuckrossdc
| Aaron Tilley / Wall Street Journal: |
Email app BlueMail's co-founder says Apple blocked an update that added ChatGPT-powered features over inappropriate content concerns, requiring a 17+ age limit — iPhone maker asks email app with AI-language capabilities to set a 17-and-older age restriction — Regulation of Metaverse and Artificial Intelligence
Tweets: @lisamateotv, @newley, @ivanthek, and @deitaone
| New York Times: |
A look at India's homegrown digital payments system UPI, run by a nonprofit organization NPCI, which is now used by ~300M individuals and 50M merchants — India's homegrown instant payment system has remade commerce and pulled millions into the formal economy. — Reporting from New Delhi, Mumbai and Kerala in India
Tweets: @mujmash, @amitabhk87, @neeleshmisra, @mujmash, and @mujmash
| Zeynep Geylan / CryptoSlate: |
Robinhood launches a standalone Robinhood Wallet app globally on iOS, with Polygon and Ethereum network support, and says an Android app is coming later in 2023 — Crypto exchange platform Robinhood's wallet application launched on the iOS application store on Mar. 1, according to the announcement published on the Robinhood blog.| Financial Times: |
Staff and analysts: the ~$43B FIS-Worldpay deal suffered from incompatibility, Worldpay's slow response to changing user needs, and more, resulting in the split — Integration was difficult but the deal itself had always been misguided — Since it was founded by former UK policeman Nick Ogden …
More:
Glenbrook Partners, LLC, Finextra, and PYMNTS.com
Sponsor Posts
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