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February 22, 2025, 5:20 PM
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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.
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, DL News, CoinDesk, Decrypt, The Trail of Bits Blog, The Block, Cryptopolitan, Blockchain.News, TechCrunch, PC Gamer, Sky News, Security Boulevard, Bitcoin Insider, CoinGape, Wired, Coinpedia Fintech News, crypto.news, The Coin Republic, NullTX, Crypto Briefing, The Sun, Chainwire, 10x Market Updates, Yahoo Finance, PCMag, Türkiye Today, The Hacker News, CNBC, The Block, CryptoNinjas, ZyCrypto, BleepingComputer, Agence France-Presse, The Verge, Tech in Asia, PYMNTS.com, 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: @bybit_official, @benbybit, @benbybit, @benbybit, @benbybit, @cz_binance, @mudit__gupta, @cryptohayes, @hasufl, @ethena_labs, @jconorgrogan, @gauthamzzz, @0xcygaar, @0xngmi, @a1lon9, @0xcygaar, @gracybitget, @benbybit, @adamscochran, @tradermayne, @salsatekila, @trading_axe, @zachxbt, @martybent, @kaiz3ns, @darkcryptolord, @deltaxbt, @cz_binance, @0xracist, @heyibinance, @cryptodonalt, @nearcyan, @litecoin, @justinsuntron, @divine_economy, @panamaxbt, @functi0nzer0, @beausecurity, @arthur_0x, @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
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
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.
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
Francisco Rodrigues / CoinDesk:
DefiLlama: Bybit experienced a “bank run” of over $4B after the ~$1.5B hack, leading to a ~$5.5B total outflow; CEO says “about 50%” of funds were withdrawn  —  Major cryptocurrency exchange Bybit has seen total outflows of over $5.5 billion after it suffered …
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.
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
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 …

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About This Page

This is a Techmeme archive page. It shows how the site appeared at 5:20 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

Lucia Moses / Business Insider:
WaPo opinion editor Adam O'Neal says he's stepping down after a year in the role; his hiring was part of a push to promote “personal liberties and free markets”

Minho Kim / New York Times:
Sarah B. Rogers, Trump's nominee to lead USAGM, says she would reinstate some agency employees; if confirmed, she would still serve in the State Department

Matt Stout / The Boston Globe:
The Massachusetts Senate passes an amendment that would in many instances bar judges, grand juries, and others from forcing reporters to identify their sources

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
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

Earlier Picks

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
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
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, Benzinga, The Gateway Pundit, 9to5Mac, Washington Post, Tech Policy Press, Daily Mail, Human Events, TechSpot, Metro.co.uk, Security Affairs, Ubergizmo, TidBITS, EasternEye, Bloomberg, Forbes, Telegraph, MacRumors, PCMag, Electronic Frontier Foundation, Reuters, Daring Fireball, MacTrast, Redmond Pie, Android Headlines, mjtsai.com, Financial Times, PhoneArena, Six Colors, 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: @aditi_muses, @philrodgers, @zooko, @ggreenwald, @tomhfh, @matthew_d_green, @wcathcart, @timsweeneyepic, @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/technology, r/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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