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February 22, 2025, 10:55 AM
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WeSmirchTop 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
Bluesky: @orobharris. X: @benbybit, @bybit_official, @benbybit, @benbybit, @benbybit, @cz_binance, @hasufl, @ethena_labs, @cryptohayes, @zachxbt, @jconorgrogan, @kaiz3ns, @0xcygaar, @0xngmi, @a1lon9, @0xcygaar, @gracybitget, @arthur_0x, @heyibinance, @benbybit, @darkcryptolord, @justinsuntron, @jconorgrogan, @deltaxbt, @cz_binance, @martybent, @cryptodonalt, @divine_economy, @litecoin, @gauthamzzz, @adamscochran, @nearcyan, @tradermayne, @panamaxbt, @0xracist, @functi0nzer0, @trading_axe, @salsatekila, @beausecurity, @lorenzofb, @0xgaut, @pythianism, @theflowhorse, @0xgaut, @devchart, @defisurfer808, @byzgeneral, @cousincrypt0, @wolfms_, @langeriuseth, @ashcryptoreal, @jacobkinge, @bitbitcrypto, @bitmexresearch, @mdudas, @spreekaway, @zhusu, @cobie, @0xfinish, and @mdudas. LinkedIn: Todd H Baker
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
More: Shtetl-Optimized, Popular Mechanics, Wired, Wall Street Journal, The Conversation, The Indian Express, and ZDNET
Bluesky: @stagefright, @castelvecchi, @lizziegibney, and @annamerlan
| 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 …
More: The Kyiv Independent, Mediaite, Euromaidan Press, Washington Post, Benzinga, Notes From The Circus, The Guardian, Raw Story, The Counteroffensive …, and Voice of America
Bluesky: @jim-stewartson. X: @ianbremmer, @yarotrof, @prestonstew_, @phildstewart, @antonlaguardia, and @kevinbankston
Forums: r/politics, r/news, r/Starlink, r/Destiny, r/AnythingGoesNews, r/europe, r/france, r/neoliberal, r/technology, r/BoycottUnitedStates, r/worldnews, and r/ukraine
| Bloomberg: |
The Hang Seng Tech Index, which tracks the top 30 Hong Kong-listed tech firms, rose 6.5% on February 21, hitting its highest level since early 2022 — - Alibaba, Bilibili, Lenovo surge in HK after reporting results — Xi's meeting with sector leaders is another catalyst: analyst| 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 …
More: Reclaim The Net, The Rio Times, Reuters, Associated Press, and Fox News
Bluesky: @daphnek. X: @ggreenwald, @chrispavlovski, @allumbokhari, @chrispavlovski, @ggreenwald, @ggreenwald, @nikolas_dm, @marionawfal, and @scrowder
| Sigal Samuel / Vox: |
A look at the debate about whether AI models can truly reason, as some researchers describe the current pattern of reasoning as “jagged intelligence” — The AI world is moving so fast that it's easy to get lost amid the flurry of shiny new products.| 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 …
More: CoinDesk, Decrypt, CryptoNinjas, Cryptopolitan, Blockchain.News, Cointelegraph, Axios, The Block, and Crypto Briefing
Bluesky: @carnage4life. X: @dfinzer, @prestonjbyrne, @_jikim, @xanderatallah, @nategeraci, @katiebiber, and @soro
| Erin Griffith / New York Times: |
Many SV startups are using AI to boost productivity in research, coding, and more, reducing reliance on VC money for hiring, fueling “tiny team” success stories — Tech start-ups typically raised huge sums to hire armies of workers and grow fast.
Bluesky: @aaronosaur.us. Mastodon: @jchyip@mastodon.online. X: @gjain, @bittingthembits, @stevelohr, and @tmrohan
LinkedIn: James Fox, Grant Lee, Ryan Sapper, Kristin Fracchia, and Erin Griffith
| 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| Daniel Cancel / Bloomberg: |
Latin American e-commerce giant MercadoLibre's stock reached a record high on February 21 after it reported a record $639M net income on $6.1B in revenue in Q4 — - Latin America e-commerce, fintech giant blows away estimates — MercadoLibre extends lead as most valuable Latin American firm
More: MercadoLibre, Inc., Yahoo Finance, and Motley Fool
| 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 …
More: San Francisco Business Times, Bloomberg, Reuters, and Capital Brief
X: @patelshrey01, @giganticbananas, @jevgenijs, and @buccocapital
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LinkedIn: Samantha Simms, Jessica Shurson, Peter Slack, Matt Abrams, Abid Patel, Joe Jones, Brian Honan, Marc Lawn, and Nigel Smart
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