Techmeme
March 1, 2022, 8:10 AM

Top News

Maxwell Strachan / VICE:
Binance, Coinbase, and others deny Ukrainian requests to freeze Russian and Belarusian accounts, citing “economic freedom”, but will comply with sanctions  —  Binance, the world's largest exchange, said “unilaterally” banning users “would fly in the face of the reason why crypto exists.”
Bloomberg:
Sources: the Biden administration is asking crypto exchanges globally to help thwart Russian individuals and organizations from using crypto to avoid sanctions  —  The Biden administration is asking crypto exchanges to help ensure that Russian individuals and organizations aren't using virtual currencies …
Sam Reynolds / CoinDesk:
Ivana Saric / Axios:
Meta says it “will be restricting access to RT and Sputnik across the EU at this time” following requests from several governments and the EU  —  Facebook parent Meta will restrict access to Russian state media on its platforms across the EU in response to Russia's unprovoked invasion of Ukraine …
Washington Post:
TikTok confirms it has shut down access to Russian sites RT and Sputnik in Europe following requests from individual governments and the European Union  —  Facebook and TikTok said Monday that the companies would shut down access to Kremlin-controlled media sites RT and Sputnik in Europe, setting the stage for retaliation from Russia.
Mark Scott / Politico:
YouTube will block Kremlin-backed RT and Sputnik in Europe, following similar bans by Meta and TikTok, citing the Ukraine invasion  —  Google's YouTube said Tuesday that it would block Kremlin-backed media outlets RT and Sputnik from Europe following similar bans by Facebook and TikTok.
Joe Flint / Wall Street Journal:
Netflix won't add any Russian channels in the country “given the current situation” despite a regulation requiring it to add 20 federal channels from March 1  —  Russian rule requires services with more than 100,000 subscribers to carry some 20 Russian channels
Casey Newton / Platformer:
Social networks and the internet have been a valuable force multiplier for Ukraine and the allies of democracy during the early days of Russia's invasion  —  How much will it matter?  Notes on the platforms in wartime  —  Over the past decade, the biggest tech companies came to feel less …
Taylor Hatmaker / TechCrunch:
Bill Toulas / BleepingComputer:
Symantec details China-linked backdoor Daxin, a Windows kernel driver that can hijack TCP connections to stealthily connect with command-and-control servers  —  Security researchers have discovered Daxin, a China-linked stealthy backdoor specifically designed for deployment in hardened corporate networks …
Jordan Novet / CNBC:
Microsoft says cyberattacks using new malware hit Ukraine hours before Russia's invasion began; the company added new signatures to Defender within three hours  —  - Brad Smith, Microsoft's president, wrote in a blog post on Monday about the company's efforts to keep Ukraine informed of cyberattacks.
Washington Post:
Financial Times:
An Israeli judge lifts reporting restrictions on the arrest of former Celsius Network CFO Yaron Shalem in 2021 for suspected fraud, as Celsius raised $400M  —  Yaron Shalem was one of 10 detained in connection with alleged fraud at other cryptocurrency ventures
Yaacov Benmeleh / Bloomberg:
Israeli startup MDClone, which creates synthetic medical databases for research, raises $63M led by Warburg Pincus and Viola Growth  —  MDClone, a synthetic medical data startup, raised $63 million from investors led by Warburg Pincus and Viola Growth to fund global expansion.

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