Techmeme
February 22, 2025, 10:55 AM

Top News

Bloomberg:
Crypto exchange Bybit says a hacker took control of one of its cold Ethereum wallets, resulting in what analysts estimate was the loss of ~$1.5B worth of tokens  —  - North Korean group Lazarus suspected by industry researchers  — Prices of Ether, Bitcoin and other tokens decline after theft
More: BBC, Decrypt, TechCrunch, Cryptopolitan, The Sun, NullTX, Chainwire, Hindustan Times, CoinGape, PCMag, Coinpedia Fintech News, crypto.news, Bitcoin Insider, Yahoo Finance, The Block, BleepingComputer, The Independent, New York Times, Wired, CNBC, The Coin Republic, Gulf Business, 10x Market Updates, Türkiye Today, CoinDesk, Blockchain.News, ZyCrypto, CryptoNinjas, The Economic Times, Crypto Briefing, Agence France-Presse, The Verge, The Hacker News, DL News, PYMNTS.com, Associated Press, Wall Street Journal, TheStreet, Forbes, TheStreet, TradingView, Cointelegraph, Forbes, CryptoPotato, Bitcoin Insider, USA Insurance News …, Tech in Asia, SlashGear, Hackread, NewsBTC, Engadget, Fortune, Blockworks, Watcher Guru, CryptoPotato, The Crypto Times, The Record, Financial Times, The Block, Bloomberg, Finextra, The Coin Republic, Decrypt, Blockchain News, Reuters, The Crypto Times, ZeroHedge News, Cryptopolitan, NFTgators, Bitcoinist.com, CoinJournal, Web3 is Going Just Great, Benzinga, CryptoSlate, DL News, crypto.news, Coinpedia Fintech News, The Block, CoinGape, Crypto Briefing, and CoinDesk
Forums: r/news, r/technology, and Slashdot
RT Watson / The Block:
Arkham says ZachXBT submitted proof that North Korea's Lazarus Group is behind Bybit's $1.5B hack, which is the largest single theft in crypto history  —  - Arkham Intelligence said Lazarus Group hacked Bybit for over $1.5 billion, citing information provided by online sleuth ZachXBT.
Davide Castelvecchi / Scientific American:
Some physicists are skeptical about Microsoft's claims of achieving a quantum computing breakthrough with Majorana 1, citing the lack of detailed evidence  —  With its ‘topological’ quantum computers, Microsoft aims to reach useful scales faster than competing technologies
Reuters:
Sources: US negotiators pressing Ukraine for access to its minerals raised the possibility of cutting the country's access to Starlink if a deal is not reached  —  U.S. negotiators pressing Kyiv for access to Ukraine's critical minerals have raised the possibility of cutting the country's access …
Ricardo Brito / Reuters:
Brazilian Supreme Court Justice Alexandre de Moraes orders the immediate and full suspension of Rumble in the country due to noncompliance with court orders  —  Brazilian Supreme Court justice Alexandre de Moraes ordered U.S. video-sharing platform Rumble (RUM.O) immediate and full suspension …
Muyao Shen / Bloomberg Tax:
NFT marketplace OpenSea says the US SEC has ended an investigation into the company, after OpenSea received a Wells Notice in August 2024  —  Nonfungible-token marketplace OpenSea said that it was informed by the US Securities and Exchange Commission that the regulator has ended an investigation …
Erin Griffith / New York Times:
Bloomberg:
Trump says Tim Cook told him that Apple “stopped two plants in Mexico” and will build products in the US instead, a move Apple hasn't publicly discussed  —  - President says tariff threat prompted move from planned plants  — Cook, Trump held private meeting Thursday at the White House
Lucinda Shen / Axios:
Renaissance Capital: 12 of 40 fintech firms that went public in the US since 2020 have given positive investor returns; only Shift4 and AppLovin are profitable  —  All topics  —  Situational awareness: OpenAI co-founder Ilya Sutskever is raising over $1 billion for his startup Safe Superintelligence …
MacKenzie Sigalos / CNBC:
Block shares closed down 17.69% on February 21, their steepest drop since 2020, after Q4 earnings missed est. and guidance for 2025 failed to reassure investors  —  Block shares plunged 18% on Friday, their steepest drop since 2020, after the company reported fourth-quarter earnings …

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