| Andrew Asmakov / Decrypt: |
Crypto.com halted withdrawals and requires users to re-sign-in and reset 2FA; research shows Crypto.com lost 4,600+ ETH, worth $15M+, during a suspected hack — The crypto exchange has reportedly lost at least $15 million in Ethereum, and security experts believe the true losses could be much higher.| Ashley Rodriguez / Insider: |
Social Capital founder and CEO Chamath Palihapitiya says the “ugly truth” is “nobody cares about what's happening” to Uyghurs in China, himself included — - Chamath Palihapitiya said “nobody cares about what's happening” to Uyghur Muslims in China.| Cho Mu-Hyun / ZDNet: |
Samsung unveils its 4nm Exynos 2200 SoC with an Xclipse GPU using AMD's RDNA 2 architecture, offering hardware-accelerated ray tracing and variable rate shading — The processor packs Samsung's own Xclipse GPU based on AMD RDNA 2 architecture that the South Korean company says will offer … | Lucy Harley-Mckeown / The Block: |
The UK government will increase scrutiny of crypto ads, bringing the marketing in line with other financial promotions, citing risk to buyers — Quick Take — HM Treasury said it would ramp up scrutiny of crypto advertising in the UK. — The move will bring crypto marketing within … | Financial Times: |
| New York Times: |
Game publishers' plans to add NFTs to games have sparked a fierce backlash from gamers, who have long resented the growing number of micro transactions in games — Game publishers are offering NFTs, but skeptical gamers smell a moneymaking scheme and are fighting back.| Omkar Godbole / CoinDesk: |
Binance conducted its first Binance Coin (BNB) auto-burn last quarter, removing over 1.6M BNB tokens worth $750M from circulation — Cryptocurrency exchange Binance implemented its first-ever binance token (BNB) auto-burn program last quarter, removing over 1.6 million BNB tokens worth $750 million from circulation.| Hannah Murphy / Financial Times: |
Analysis: Meta has filed dozens of patents to monetize its metaverse, including a virtual store with sponsored items, eye and face tracking in headsets, more — Meta hopes to use tiny human expressions to create virtual world of personalised ads — Pupil movements, body poses and nose scrunching … | Ryan Browne / CNBC: |
Istanbul-based mobile game developer Dream Games, which makes Royal Match, raises $255M led by Index Ventures at a $2.75B valuation, up from $1B in June 2021 — - Istanbul-based mobile game developer Dream Games has raised $255 million in a new round of funding, the company told CNBC.| Cat Zakrzewski / Washington Post: |
The Tech Oversight Project, mainly funded by Pierre Omidyar and Chris Hughes' organizations, launches Tuesday to push for Big Tech antitrust regulation — Organizations with ties to eBay founder Pierre Omidyar and Facebook co-founder Chris Hughes are the primary funders of the Tech Oversight Project| Morgan Meaker / Wired: |
Just Eat outsources 6,000 of its riders and drivers working across six UK cities to Dutch staffing agency Randstad, to comply with stricter UK employment rules — A new subcontractor industry in Europe is benefiting from platforms' efforts to clean up their image and comply with stricter employment rules.| Stephanie Bodoni / Bloomberg: |
The EU levied €1.1B in GDPR fines during 2021, up from €158.5M in 2020, led by the €746M fine on Amazon and €225M fine on WhatsApp — European Union data protection fines targeting Amazon.com Inc. and Meta Platforms Inc.'s WhatsApp helped push penalties to record levels last year … | Tom Simonite / Wired: |
Despite high hopes, AI in health care hasn't been effective because medical data is more complex and scarcer than web data, causing misleading results — Medical information is more complex and less available than the web data that many algorithms were trained on, so results can be misleading.
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| Lauren Thomas / CNBC: |