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Techmeme
June 10, 2023, 5:00 PM
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Top News

Sandali Handagama / CoinDesk:
Nigeria's SEC orders that Binance halt operations in the country, deeming them illegal as the local unit is “neither registered nor regulated by the Commission”  —  The order against Binance Nigeria Limited follows U.S. SEC allegations that the exchange had violated federal securities laws.
Bloomberg:
A comparison between US data and 5,100 Stable Diffusion-generated images related to job title and crime finds the tool amplifies gender and racial stereotypes  —  Heather Hiles, chair of Black Girls Code  —  At Canva, whose visual communication platform has 125 million active users …
David Yaffe-Bellany / New York Times:
The founders of Three Arrows Capital spent the past year surfing, meditating, and traveling after their crypto hedge fund collapsed, while refusing to apologize  —  The implosion of Three Arrows Capital, a cryptocurrency hedge fund, devastated the industry.
Dietrich Knauth / Reuters:
A US bankruptcy judge rules FTX can permanently redact names of individual customers from its bankruptcy filings so that they don't fall victim to scams  —  Bankrupt crypto exchange FTX received court permission on Friday to remove customer names from all filings in its bankruptcy case …
Sarah Zheng / Bloomberg:
In a virtual address to a conference in Beijing, OpenAI's Sam Altman called for global cooperation on AI safety and said China should help shape the guidelines  —  China should play a key role in shaping the artificial intelligence guardrails needed to ensure the safety of transformative new systems …
Washington Post:
NHTSA data shows Tesla's FSD and Autopilot were involved in 736 US crashes since 2019, far more than reported; the most recent data includes 17+ fatal incidents  —  Tesla's driver-assistance system, known as Autopilot, has been involved in far more crashes than previously reported
Karissa Bell / Engadget:
In an AMA on API changes, Reddit CEO Steve Huffman says the company can't “subsidize commercial entities”, criticized the Apollo developer's behavior, and more  —  “We'll continue to be profit-driven until profits arrive,” he said.  —  Reddit CEO Steve Huffman has finally spoken publicly …
Wall Street Journal:
An interview with Gary Gensler after the SEC sued Binance and Coinbase, a fight that has existential stakes for the companies and could define Gensler's legacy  —  Agency chair focuses enforcement power on exchanges after earlier failures to subdue industry  —  WASHINGTON—Gary Gensler had seen enough.

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About This Page

This is a Techmeme archive page. It shows how the site appeared at 5:00 PM ET, June 10, 2023.

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.

From Mediagazer

New York Times:
Sources: Trump continues to push to replace the James S. Brady Press Briefing Room with a swimming pool, as the administration builds a buffer against the press

Axios:
WSJ EIC Emma Tucker defends attending a WH dinner with News Corp. executives, saying “I'm a journalist. I wasn't going to say no to a dinner with the president”

Margot Patrick / Wall Street Journal:
Filings: Larry Ellison put up shares in Tesla, SpaceX, Paramount Skydance, and Oracle in 2026 as collateral for loans to help pay for David Ellison's WBD deal

More News

Morgan Sung / TechCrunch:
A Bluesky moderation policy change strains its relationship with Black users who expect a crackdown on bigotry even if it conflicts with its decentralized goals
More: Associated Press.  LinkedIn: Rudy Fraser.  Bluesky: @carnage4life.bsky.social.  Tweets: @jeremiahlee and @cbouzy
Jason Schreier / Bloomberg:
The Summer Games Fest, organized by video game personality Geoff Keighley in place of E3, features Xbox, Ubisoft, and Capcom shows, but the vibe is different
Colin Wilhelm / The Block:
A US judge ruled in favor of the CFTC after Ooki DAO failed to respond to an enforcement action, setting a precedent that DAOs are liable for legal violations
Rosie Perper / CoinDesk:
Kraken launches Kraken NFT, a marketplace with 250+ NFT collections on the Ethereum, Solana, and Polygon blockchains, after a public beta debut in November 2022

Earlier Picks

Nikhilesh De / CoinDesk:
The US DOJ unseals a 2019 indictment charging two Russians with stealing ~647K BTC in the Mt. Gox hack and a 2016 filing charging one of them with running BTC-e
MK Manoylov / The Block:
Robinhood plans to end support for Solana, Polygon, and Cardano on June 27, following a company review in light of the SEC lawsuits against Coinbase and Binance
Isabella Simonetti / Wall Street Journal:
Antenna: Netflix gained more US subscribers from May 25 to May 28, after its password-sharing crackdown began, than in any other four days since at least 2019
Jon Porter / The Verge:
Spotify is testing Your Offline Mix, a new playlist feature that automatically saves a mix of users' recently played songs for offline listening
Rahat Sandhu / Reuters:
Binance.US suspends USD deposits and tells customers to withdraw their USD funds as its banking partners could stop fiat withdrawal channels as early as June 13
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