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November 11, 2024, 3:15 PM
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| Emily Nicolle / Bloomberg: |
FTX sues Binance and former CEO Changpeng Zhao, seeking to claw back almost $1.8B it alleges Sam Bankman-Fried fraudulently transferred in a July 2021 deal — Binance, Zhao and other Binance executives received the funds as part of a July 2021 share repurchase deal with Bankman-Fried, the FTX co-founder who is now in prison.
More: New York Post, Financial Times, RTÉ, Times of India, The Daily Hodl, Decrypt, Blockworks, The Times, UPI, Quartz, Coinspeaker, The Verge, crypto.news, Cryptopolitan, Crypto Briefing, City A.M., Protos, Coinpedia Fintech News, CryptoSlate, Nairametrics, Proactive, Cryptonews, Blockchain News …, CoinDesk, CCN.com, CoinGape, Watcher Guru, Bitcoin Insider, CNBC, CryptoPotato, Cointelegraph, The Crypto Times, and Benzinga
| Callan Quinn / CoinDesk: |
FTX sues crypto trader “Humpy the Whale” alleging margin trading market manipulation from January 2021 to September 2022, leading to FTX and Alameda losing ~$1B — The suit also links him to organized crime in Eastern Europe and terrorist groups.
More: DL News, Bloomberg, PYMNTS.com, crypto.news, Cryptonews, CCN.com, and Cointelegraph. X: @louisorigny
| Emma Roth / The Verge: |
iOS 18.2 public beta introduces Share Item Location, letting users share a link with the location of AirTags or Find My accessories with airlines and others — Apple will now let you share the location of a lost AirTag with other people. The Find My feature, called Share Item Location …
More: Apple, PCMag, MacRumors, Thurrott, How-To Geek, AppleInsider, 9to5Mac, Tom's Guide, Android Headlines, iDownloadBlog.com, iPhone in Canada Blog, SlashGear, Redmond Pie, and BGR
X: @aaronp613 and @thechrisflyer
Forums: r/privacy and MacRumors Forums
| Adam James / The Block: |
MicroStrategy says it bought 27,200 BTC for ~$2.03B in cash at ~$74,463 per coin from October 31 to November 10, 2024, taking its total holding to 279,420 BTC — - MicroStrategy added approximately 27,200 bitcoin for roughly $2.03 billion in cash at an estimated $74,463 per coin.| Greg Bensinger / Reuters: |
Sources: Amazon is developing smart glasses that would guide its delivery drivers to, around, and within buildings, but the tech may take years to perfect — Amazon (AMZN.O) is developing smart eyeglasses for its delivery drivers to guide them to, around and within buildings … | Financial Times: |
Sources: Elon Musk's US government advisory role will let him push for his acolytes and allies to fill roles that cut regulation and protect his companies — Billionaire likely to push for government roles for acolytes and allies to cut regulation and protect his businesses
X: @elonmusk and @stanphylcap
| Jowi Morales / Tom's Hardware: |
LG Display shows off a stretchable display prototype that can expand by up to 50%, more than doubling the previous record of 20% elongation — This stretchable display unlocks an infinite number of possibilities. — LG Display, one of the global leaders in display technologies …
More: LG Display, TechSpot, Android Authority, CNET, PCMag, PC Gamer, Android Headlines, PhoneArena, Digital Trends, Display Daily, TechRadar, Mashable, KED Global, Liliputing, Patently Apple, Tom's Guide, Gizmochina, and The Korea Herald. Forums: r/hardware
| a16z crypto: |
a16z says it is “very optimistic” that the US government will “foster innovation” in crypto and there is a “pathway for constructive engagement” with regulators — Miles Jennings Michele Korver Brian Quintenz — We've been flooded with crypto founders asking us … | Bloomberg: |
11x, which makes AI bots that help salespeople with common tasks, raised $50M led by a16z at a $320M valuation, after raising a $24M Series A in September 2024 — Artificial intelligence-powered sales startup 11x has raised $50 million in a new funding round led by Andreessen Horowitz …
More: Sifted
| Om Malik / Crazy Stupid Tech: |
Q&A with Foursquare co-founder Dennis Crowley on his startup Hopscotch Labs, which uses AI and headphones to surface local info when a user walks by a location — Dennis Crowley has built his career at the intersection of emerging technologies and human behavior.
X: @om
| Jamie Tarabay / Bloomberg: |
Sources: the US plans to support a controversial, legally binding cybercrime UN treaty this week despite concerns that authoritarian regimes could misuse it — - Critics fear it could be misused by authoritarian countries — Agreement would help pursuit of cybercriminals, official says| Bloomberg: |
How Swiggy beat Amazon to fast grocery deliveries in India using an army of gig workers, mini warehouses, and big-name investors, ahead of its November 13 IPO — It has an army of gig workers, a fleet of mini-warehouses and big-name investors. But a knockout trading debut isn't a guarantee.
More: Yahoo Finance, TechCrunch, Entrackr, Times of India, and Financial Times
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