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February 23, 2025, 2:20 PM
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Top News

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a “bank run” of over $4B after the ~$1.5B hack, leading to a ~$5.5B total outflow; CEO says “about 50%” of funds were withdrawn  —  Major cryptocurrency exchange Bybit has seen total outflows of over $5.5 billion after it suffered …
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
Mark Gurman / Bloomberg:
Apple abandons the budget phone market with the iPhone 16e; sources: the M4 MacBook Air may launch in March and Apple may eventually meld the modem and main CPU  —  Last week, Apple introduced the long-awaited successor to the iPhone SE: the iPhone 16e.  In doing so, it all but abandoned the budget smartphone market.
Sean Hollister / The Verge:
Nvidia confirms a “rare” manufacturing issue affecting under 0.5% of RTX 5090 and 5070 Ti GPUs, which are missing render units, the latest hitch since launch  —  Where did the ROPs go? … In the grand scheme of things, that doesn't sound like a lot of affected GPUs …
Evan Ratliff / Wired:
A deep look at “the Zizians”, a cult-like group of young tech people exiled from Silicon Valley's rationalist community and allegedly linked to a killing spree  —  A handful of gifted young tech people set out to save the world.  For years, WIRED has been tracking each twist …
Julie Jargon / Wall Street Journal:
Some US school districts are adopting Sonny, an AI “wellbeing companion,” to provide mental health support to students when there aren't enough counselors  —  Is a human-AI texting service the future of mental-health care for students?  —  Teens around the country are confiding …
Enock Nyariki / Poynter:
A Maldita study of nearly 1.2M Community Notes on X published globally in 2024 shows that professional fact-checkers are among the three most cited sources  —  Notes that cite fact-checkers earn more trust from X users and combat misinformation faster  —  When Meta CEO Mark Zuckerberg announced …
Scroll.in:
A look at India's Svamitva Scheme, which has digitally mapped out landholdings using drones in 300K+ villages as of January 2025, as concerns mount over errors  —  The Svamitva scheme seeks to use drones to map out landholdings in inhabited rural areas.  But so far, work has been opaque and riddled with errors.
Andrew Deck / Nieman Lab:
Some journalists are taking freelance jobs with AI training data companies like Scale AI, which recruit them for tasks such as fact-checking and prompt drafting  —  The gig work platform Outlier is one of several companies courting journalists to train large language models (LLMs).
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

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About This Page

This is a Techmeme archive page. It shows how the site appeared at 2:20 PM ET, February 23, 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

Daniel Thomas / Financial Times:
As the BBC fights Trump's $10B lawsuit and ITV plans to combine its broadcasting business with Sky in 2026, a look at the slow death of the UK's TV channels

Alex Ritman / Variety:
In Channel 4's 2025 Alternative Christmas Message, Jimmy Kimmel said “tyranny is booming” in the US and, on his ABC suspension, “We won, the president lost”

Henry Blodget / Regenerator:
Bari Weiss' 60 Minutes decision may have been a way to both signal that she's serious about shifting CBS' sensibility to the right and “improve” a story

More News

Kendra Barnett / Adweek:
X is rolling out Grok-powered AI tools for advertisers to generate ready-to-use ad copy and imagery and provide campaign performance analysis
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

Earlier Picks

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
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