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March 3, 2022, 1:40 PM
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WeSmirchTop News
| Andrew Rummer / The Block: |
Ukraine's Mykhailo Fedorov abruptly cancels the planned crypto airdrop, saying the country will sell NFTs to raise funds instead — Ukraine's government abruptly canceled its planned crypto airdrop and said it would instead sell NFTs to raise funds following last week's Russian invasion.
Source:
@fedorovmykhailo. More:
Washington Post, The Block, SiliconANGLE, CoinDesk, Blockworks, CoinDesk, CoinDesk, CoinDesk, Coinspeaker, CoinDesk, Blockworks, CoinDesk, Financial Times, VICE, Bloomberg, The Independent, Decrypt, The Independent, CoinQuora, The Block, VICE, Decrypt, and Cryptonews
| Scott Chipolina / Decrypt: |
Elliptic: Ukraine has received over $50M in crypto donations across 89K+ assets since February 26; blockchain data shows $10M in BTC and $16M in ETH donations — The Ukrainian crypto crowdfunding effort has now exceeded $50 million, through almost 90,000 separate donations.
More:
Elliptic Blog, iPhone in Canada Blog, MUO, Cointelegraph, Bitcoin News, Forkast, and Cryptonews
| Olga Kharif / Bloomberg: |
A group of 35 former employees at crypto startup incubator ConsenSys allege “serious irregularities” in Swiss court over an asset transfer and demand an audit — A group of former employees of the ConsenSys AG is alleging “serious irregularities” at the startup incubator that owns … | MK Manoylov / The Block: |
MetaMask users in Venezuela say they can no longer access the crypto wallet; a MetaMask support page says it is unavailable due to “legal compliance” — Users of MetaMask based in Venezuela say they can no longer access the popular digital asset wallet.
More:
MetaMask Support, CoinDesk, and CryptoSlate
| Katie Deighton / Wall Street Journal: |
Google and Tripadvisor block users from posting new reviews to some listings in Russia, Ukraine, and Belarus after people used them to share news about Ukraine — Alphabet Inc.'s Google Maps and the travel search platform Tripadvisor Inc. temporarily blocked users from posting new reviews …
More:
CNET, Reuters, Insider, PYMNTS.com, and Quartz
Tweets: @youranonnews, @davidhogg111, @kentgerman, and @hkikkert
| Todd Spangler / Variety: |
Spotify closes its office in Russia “indefinitely” and removes all content from RT and Sputnik in the EU and other markets, except for Russia — Spotify has taken several steps in response to Russia's military attack on Ukraine, including closing its offices in Russia “indefinitely.”
More:
Protocol, TechCrunch, The Cadence, Reuters, iPhone in Canada Blog, The Verge, iMore, Pitchfork, The Wrap, and The Hollywood Reporter
Tweets: @johnnytwowheel1 and @tristansnell
| New York Times: |
A look at Friends With Benefits, an a16z-backed DAO with a buzz-fueled social club, which attracts artists and investors but faces problems with its elitism — Friends With Benefits is a V.I.P. lounge for crypto's creative class. Is it empty hype or the future of friendship?
More:
TIME. Tweets: @johnwilson, @erinkwoo, @maxwellstrachan, @nahhhlina, @lizthegrey, @jnd3001, @edmundlee, @ldrogen, @sachajudd, @alexnpress, and @rally_io
| Mary Jo Foley / ZDNet: |
Prominent open source advocate Miguel de Icaza is leaving Microsoft, which he joined in 2016 when it acquired Xamarin — Former Xamarin cofounder Miguel de Icaza is leaving Microsoft, the company he joined through acquisition just over six years ago. — Well-known open source advocate …
More:
GeekWire, Thurrott, Daring Fireball, WinBuzzer, and Windows Central
Tweets: @bdsams, @tomwarren, @terrajobst, @dalmaer, @robconery, @kaitlinmckinnon, @dustinmoris, and @matvelloso
| Cecilia D'Anastasio / Bloomberg: |
Analysis: Twitch has lost at least six executives alongside 60+ employees during 2022; sources say Twitch is losing touch with its core focus on streamers — Twitch, the popular site where people go to watch other people play video games, has lost at least six top employees since the beginning of the year …
Tweets: @tomaxwell, @cecianasta, @ascendantnomad, @cecianasta, @ascendantnomad, and @cecianasta
| Sarah Perez / TechCrunch: |
Twitter will expand its Birdwatch fact-checking feature to “a small and randomized” set of US users for feedback, after testing it since January 2021 — Twitter says it's expanding access to Birdwatch, its community-based fact-checking initiative first revealed in October 2020.
More:
Twitter, CNET, Washington Post, ZDNet, Adweek, Protocol, The Verge, Associated Press, International Business Times, Engadget, and Tubefilter
Tweets: @leojtravis10, @birdwatch, @twittersafety, @willoremus, @birdwatch, @twittersafety, @willoremus, @b_fung, @birdwatch, @chrismessina, @birdwatch, @birdwatch, and @birdwatch
| Sam Schechner / Wall Street Journal: |
Many Ukrainian tech workers, unable to leave the country, have relocated to the Lviv tech hub, with some volunteering for Ukraine's ad hoc hacking army — Many companies in Ukraine's IT industry relocate staff, who have continued to ship code for clients — Amid an increasingly violent … | Joseph Cox / VICE: |
The GitHub repository for Meta's open source library React is being spammed with anti-US and anti-Ukrainian comments in English and Mandarin — “False liberty and democracy make me sick!” one message written in Mandarin reads. — Joseph Cox — The Github repository for React …
Tweets: @shortformernie, @chronotope, @akryum, @monday_chen, @magicalmrc, @lidangzzz, @sunbuhui7, @wongmjane, @josephfcox, and @carnage4life
| Thomas Claburn / The Register: |
SAP will be “stopping business in Russia aligned with sanctions” and pausing sales of products and services in Russia following a Ukrainian vice PM's request — As Moscow tries to retain IT talent with military exemption, a three-year tax suspension for biz
More:
CyberScoop, SAP, Reuters, Dow Jones Newswires, The Economic Times, and iTnews
Tweets: @fedorovmykhailo, @fedorovmykhailo, @chrstnklein, @tomwarren, and @cat_zakrzewski
| @oracle: |
More:
ZDNet, Reuters, Silicon Republic, Computerworld, Polygon, Interfax, Axios, BBC, Bitcoin News, MIT Technology Review, Crowdfund Insider, and OnMSFT.com
| David Yaffe-Bellany / New York Times: |
A look at anonymity in crypto, as some VCs back founders without learning their names and pseudonymous entrepreneurs control hundreds of millions of dollars — Investors give money to pseudonymous developers. Venture capitalists back founders without learning their real names.| Jennifer Elias / CNBC: |
Google tells staff in the Bay Area and other US locations to return to physical offices three days a week starting on April 4, in a shift to a hybrid work model — - Google told employees on Wednesday that it expects them to begin returning to physical offices April 4.
More:
Reuters, CRN, Wall Street Journal, Silicon Republic, ZDNet, Android Police, Forbes, BGR India, WRAL TechWire, GeekWire, CNN, Pocketnow, Bloomberg, Insider, New York Business Journal, androidcentral.com, MacRumors, The Verge, Silicon Valley Business …, New York Post, The Hill, Engadget, and Washington Post
Tweets: @jenn_elias, @ryanoneill, @richard_florida, @ixdavidsb, @tmfjmo, and @markgurman
| Eli Tan / CoinDesk: |
Some OpenSea users with Iran-based IP addresses say their accounts were terminated on Thursday, likely due to US sanctions against the Iranian government — Twitter users complained about their accounts being deactivated without notice. — OpenSea users with Iran-based internet protocol addresses … | Kyle Wiggers / VentureBeat: |
Luminous Computing, which is making a light-based AI accelerator chip, raises a $105M Series A from Bill Gates and others at a $200M-$300M post-money valuation — According to some experts, the growth in the compute power necessary to develop future AI systems might run up against a wall with mainstream chip technologies.| Lauren Feiner / CNBC: |
Several US state AGs launch a probe into TikTok, focusing on whether the app's design and operations negatively impact young users' physical or mental health — - TikTok is under investigation by a bipartisan group of state attorneys general to determine if the popular short-form video …
More:
Wall Street Journal, Mass.gov, State of California, PCMag, 9to5Mac, New York Times, Reuters, Tubefilter, Input, Associated Press, Dexerto, Gizchina, androidcentral.com, The Verge, The Hill, WCSC-TV, Des Moines Register, WCCO | CBS Minnesota, CBS17.com, CT Insider, Missouri Independent, The Paper, WCTX-TV, TheDenverChannel.com, Newsweek, San Francisco Chronicle, abc10.com, WFXRtv, WCIV, News 12, CNN, Mashable, KnowTechie, New York Times, Los Angeles Times, dot.LA, Engadget, Washington Post, and Axios
Tweets: @newjerseyoag, @agellison, @carnage4life, @vtattorneygen, @scattygenoffice, @kyoag, @massago, @zamaan_qureshi, @massago, @agrobbonta, and @kantrowitz
| Anita Ramaswamy / TechCrunch: |
Lido, which has an estimated 80%+ market share in Ethereum liquid staking, raises $70M from Andreessen Horowitz; assets staked on Lido are worth $10B+ — The world's most-used blockchain, Ethereum, is switching to a new validation system this summer called proof-of-stake (PoS).| Bloomberg: |
Grab reports a $1.1B net loss in Q4 as revenue declined 44% YoY to $122M; after going public via SPAC in December, Grab has lost $15B+ in market value — Grab Holdings Inc., Southeast Asia's ride-hailing and delivery giant, reported a wider loss after the company spent more on incentives …
More:
DealStreetAsia, Grab SG, and Dow Jones Newswires
| Nilay Patel / The Verge: |
Q&A with Sonos CEO Patrick Spence and CLO Eddie Lazarus on the decision to sue Google for patent infringement, competing with tech giants, Web3, and more — Sonos has long accused other tech giants of stealing its patents and technology, but in 2020, it actually sued Google for patent infringement.| Matt Robinson / Bloomberg: |
Sources: the SEC is probing the NFT market to determine if tokens are securities, focusing on fractional NFTs, in which a token is broken into units for sale — The U.S. Securities and Exchange Commission is scrutinizing creators of NFTs and the crypto exchanges where they trade to determine …
More:
PYMNTS.com, CoinDesk, CoinQuora, Bitcoinist.com, CryptoPotato, Cryptonews, crypto.news, the mesha tribe, Decrypt, Protocol, and Cointelegraph
Tweets: @davetroy, @degenspartan, @mediumlargenft, @pavia_io, @wublockchain, @carnage4life, and @xrpcryptowolf
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