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Techmeme
February 23, 2025, 2:50 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a “bank run” of over $4B after the ~$1.5B hack, leading to a ~$5.5B total outflow; CEO says “about 50%” of funds were withdrawn  —  Major cryptocurrency exchange Bybit has seen total outflows of over $5.5 billion after it suffered …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).

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This is a Techmeme archive page. It shows how the site appeared at 2:50 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

A.J. Katz / The Wrap:
NYT introduces The Local: Twin Cities, a pilot newsletter with original reporting, a goal of promoting local outlets, and an August launch date

Anthony D'Alessandro / Deadline:
Analysis: the 2026 Emmy nominations for acting and hosting hit an 11-year low with only 22 performers of color recognized, down 21% from the nominees in 2025

Mark Stenberg / Adweek:
USA Today CEO Mike Reed says the company is prepared to opt out of Google Search in the next 6 to 12 months because it has no licensing agreement with Google

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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