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February 22, 2025, 1:25 PM
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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: DL News, BBC, The Trail of Bits Blog, The Block, The Block, Cryptopolitan, TechCrunch, Decrypt, The Crypto Basic, CoinGape, The Sun, The Coin Republic, PCMag, NullTX, crypto.news, The Block, BleepingComputer, Bitcoin Insider, Coinpedia Fintech News, Wired, Gulf Business, 10x Market Updates, Türkiye Today, CoinDesk, Blockchain.News, The Economic Times, Crypto Briefing, Chainwire, Yahoo Finance, CryptoNinjas, The Hacker News, ZyCrypto, CNBC, Agence France-Presse, The Verge, PYMNTS.com, Tech in Asia, Associated Press, Wall Street Journal, TheStreet, Forbes, TheStreet, TradingView, Cointelegraph, Forbes, CryptoPotato, Bitcoin Insider, USA Insurance News …, 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, @mudit__gupta, @cz_binance, @hasufl, @ethena_labs, @cryptohayes, @zachxbt, @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, @jconorgrogan, @lorenzofb, @0xgaut, @pythianism, @theflowhorse, @0xgaut, @devchart, @defisurfer808, @byzgeneral, @cousincrypt0, @wolfms_, @langeriuseth, @ashcryptoreal, @jacobkinge, @bitbitcrypto, @bitmexresearch, @mdudas, @spreekaway, @zhusu, @cobie, @0xfinish, and @mdudas
LinkedIn: Anastasios Papadopoulos and Todd H Baker
Forums: r/news, r/technology, and Slashdot
David Yaffe-Bellany / New York Times:
Even as Trump embraces crypto, attracting millions of new investors, the Bybit hack and memecoins show how crypto remains the wild West of the financial world  —  Hours after Coinbase said the S.E.C. was dropping a lawsuit against it, another major cryptocurrency exchange reported a potentially record-setting theft.
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
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
Brian Krebs / Krebs on Security:
An investigation details how Chinese cybercrime groups are turning phished payment card data into new Apple or Google wallets for online and in-store use  —  Carding — the underground business of stealing, selling and swiping stolen payment card data — has long been the dominion of Russia-based hackers.
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
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 …
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.
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 …
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 …

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This is a Techmeme archive page. It shows how the site appeared at 1:25 PM ET, February 22, 2025.

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

Paul Glynn / BBC:
HarperCollins UK drops children's author and comedian David Walliams following allegations of inappropriate behavior toward young women

Ken Vogel / @kenvogel:
Politico ends its print edition after 19 years, as its early reliance on print ad revenue fades and its audience relies more on digital platforms

Nicholas Henriquez / New Yorker:
The New Yorker has digitized its full archive covering 100 years, including covers and adding upgraded search capabilities; subscribers get unlimited access

More News

Ryan Christoffel / 9to5Mac:
iOS 18.4 dev beta adds Apple Intelligence-powered Priority Notifications, to show important alerts in a separate lock screen section at the top, off by default
Reuters:
President Trump signs a memorandum to consider retaliatory measures, including tariffs, on countries that impose digital service taxes on US tech companies
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
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

Earlier Picks

Bloomberg:
NetEase CEO William Ding has cut hundreds of jobs, closed game studios, and reduced international investment as he refocuses on a smaller portfolio of titles
Kyle Wiggers / TechCrunch:
Sakana AI walks back claims that its new AI CUDA Engineer can speed up AI training by up to 100x, after complaints about worse-than-average training performance
Cade Metz / New York Times:
OpenAI says it found evidence of an AI-powered surveillance tool used by a Chinese security operation to identify anti-China posts on social media in the West
David Heaney / UploadVR:
Apple releases visionOS 2.4 developer beta, adding Apple Intelligence, a guest mode, a Spatial Gallery app, an iPhone app for remote installs, and more
Mark Gurman / Bloomberg:
Apple removes Advanced Data Protection for iCloud in the UK after the government ordered it to build a backdoor, something the company says it will never do
More: TechCrunch, BBC, The Verge, 9to5Mac, Washington Post, Tech Policy Press, Metro.co.uk, Human Events, Ubergizmo, MacRumors, Bloomberg, PCMag, Security Affairs, Daily Mail, Reuters, Forbes, TechSpot, Telegraph, EasternEye, TidBITS, Electronic Frontier Foundation, Daring Fireball, MacTrast, Redmond Pie, Android Headlines, Financial Times, mjtsai.com, Six Colors, PhoneArena, The Indian Express, SiliconANGLE, iDownloadBlog.com, Wall Street Journal, mobilenewscwp.co.uk, and Philip Elmer‑DeWitt
Bluesky: @brunojnavarro, @carnage4life, @aricohn.com, @northamptonian, @radiobeartime.com, @chancemiller.me, and @martinsfp
Mastodon: @matt@isfeeling.social, @mshelton@mastodon.social, @ErikJonker@mastodon.social, @zackwhittaker@mastodon.social, @RabBrucesSpider1 …, and @FirewallDragons …
Threads: @benedictevans, @timothybucksf, and @parkert
X: @timsweeneyepic, @aditi_muses, @ggreenwald, @philrodgers, @zooko, @matthew_d_green, @tomhfh, @wcathcart, @timsweeneyepic, @scott_helme, @matthew_d_green, @matthew_d_green, @markgurman, @bryanglick, @vxunderground, @jamesrbuk, @davidtpegg, @willguyatt, @profwoodward, @shellenberger, @uk_daniel_card, @martynday, @migueldeicaza, @mysk_co, @jamestitcomb, @kimzetter, @bzamayo, @timsweeneyepic, @matthew_d_green, @bzamayo, @matthew_d_green, @matthew_d_green, @matthew_d_green, @dcurtis, @markgurman, @leokelion, and @markgurman
LinkedIn: Samantha Simms, Jessica Shurson, Peter Slack, Matt Abrams, Abid Patel, Joe Jones, Brian Honan, Marc Lawn, and Nigel Smart
Forums: Hacker News, r/privacy, r/iphone, r/europe, r/technology, r/hardware, r/technology, r/anime_titties, r/applesucks, r/apple, r/worldnews, r/tech, r/iphone, r/technews, Slashdot, and MacRumors Forums
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