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February 23, 2025, 1:05 PM
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| 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a “bank run” of over $4B after the ~$1.5B hack, leading to a ~$5.5B total outflow; CEO says “about 50%” of funds were withdrawn — Major cryptocurrency exchange Bybit has seen total outflows of over $5.5 billion after it suffered …
More: The Daily Hodl, DL News, Cryptopolitan, Bitcoin Insider, The Block, The Crypto Basic, Benzinga, CoinGape, Coinpedia Fintech News, Crypto Briefing, Gulf Business, CryptoNinjas, Cointelegraph, Blockworks, and The Record
Bluesky: @gerritd. X: @cz_binance, @benbybit, @paoloardoino, @coindesk, @simplykashif, @0xnoncesense, @benbybit, and @benbybit
Forums: Hacker News, r/Buttcoin, and r/CryptoCurrency
| 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.
More: DL News, Techreport, Bitcoinist.com, Security Affairs, PC Gamer, TechSpot, Hindustan Times, The Independent, Associated Press, Türkiye Today, The Verge, TradingView, SlashGear, and Fortune
Bluesky: @xantori-crypto. X: @bybit_official, @chainlinkgod, @iamdcinvestor, @muz_muzzles, and @edwardlriche. LinkedIn: Rebecca Patterson
| RT Watson / The Block: |
More: Etherscan, Etherscan, BBC, Blockchain.News, ZyCrypto, Cryptopolitan, Benzinga, crypto.news, Coinpedia Fintech News, 10x Market Updates, The Coin Republic, CryptoNinjas, CryptoPotato, Cointelegraph, Wccftech, Decrypt, NewsBTC, Cryptopolitan, Australian Financial Review, Watcher Guru, and CoinDesk
Bluesky: @alistaircoleman. X: @arkham, @zachxbt, @zachxbt, @zerohedge, @ercwl, @zachxbt, and @thedefisaint. Forums: r/CryptoCurrency
| 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.
More: AppleInsider, Engadget, The Verge, 9to5Mac, Digital Trends, Cult of Mac, Philip Elmer‑DeWitt, Appleosophy, and Pocket-lint
| 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 …
More: TechPowerUp, Tom's Hardware, Wccftech, XDA Developers, TechRadar, KitGuru, TweakTown, Game Rant, Destructoid, Neowin, Guru3D, XDA Developers, How-To Geek, Tom's Hardware, HotHardware, TechSpot, Digital Trends, HotHardware, and Neowin
Bluesky: @seanhollister and @tomwarren.co.uk
X: @harukaze5719 and @9550pro
Forums: Hacker News, r/linux_gaming, r/technews, r/hardware, and r/nvidia
| 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 …
More: Wall Street Journal, Los Angeles Times, Associated Press, Associated Press, BBC, San Francisco Chronicle, San Francisco Chronicle, New York Times, Links I Would Gchat …, and Politico
Bluesky: @pykea, @evrat, @marklittle, @sesmith, @zekefaux, @mpchlets, @olifranklinwallis, and @keithsenkowski.com. Mastodon: @teezeh@ieji.de
X: @zachwritesstuff, @wired, @olifranklin, @wired, @ev_rat, @calebhannan, @wired, and @ev_rat. Forums: r/Longreads
| 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 …
More: Ars Technica, Washington Times, Maldita.es, Digital Trends, and MediaPost
Bluesky: @ohmyshambles, @claesdevreese, and @caulfieldtim
Forums: r/politics, r/musked, and r/Twitter
| 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 … | Financial Times: |
Researchers estimate that air pollution related to data centers from Google, Microsoft, and Meta resulted in $5.4B in US public health costs from 2019 to 2023 — Research suggests the price of treating illnesses related to building of computing infrastructure in the US is on the rise| Stu Woo / Wall Street Journal: |
The iPhone 16e gives Apple a chance to get more competitive in China, where rivals like Huawei are becoming more sophisticated with the government's help — The less-expensive 16e model arrives in the world's biggest smartphone market, where local tech companies benefit from Beijing's help
More: Nikkei Asia, Yahoo Finance, CNN, and GSMArena.com
| Financial Times: |
Sources: Shein's 2024 sales were up 19% YoY to $38B, far below the forecasts made in 2023; some investors push Shein to cut pre-IPO valuation from $66B to ~$30B — Competition from Temu adds to pressure on fast-fashion group's valuation as it seeks approval for UK listing| 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).
Bluesky: @andrewdeck, @tylerborchers.com, @tonymartin, and @amywestervelt. Mastodon: @aulia@mementomori.social
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