| Joe Warminsky / The Record: |
The US sanctions cryptocurrency mixing service Blender.io for allegedly laundering $20.5M from the Axie Infinity hack, the first time the US sanctioned a mixer — The U.S. Treasury Department on Friday sanctioned a cryptocurrency mixing service for the first time, citing evidence that it was used … | Kanishka Singh / Reuters: |
The SEC says Nvidia will pay $5.5M to settle charges it failed to disclose that cryptomining was a “significant element” of its FY 2018 gaming revenue growth — The U.S. Securities and Exchange Commission said Friday it had settled charges against technology company Nvidia Corporation … | Jordan Novet / CNBC: |
Google forms a new blockchain group, led by former Citigroup executive James Tromans, to make the Google Cloud Platform the first choice for Web3 developers — - Former Citigroup executive James Tromans will lead the new Google group that will build services to help developers construct Web3 applications.| Bloomberg: |
Sources: China ordered government agencies and state-backed companies to replace foreign-branded PCs with domestic alternatives running local OSes in two years — China has ordered central government agencies and state-backed corporations to replace foreign-branded personal computers … | Wall Street Journal: |
Some ex-TikTok US staff talk of long hours, tight deadlines, lack of work-life boundaries, sleep deprivation, weekend work, and secrecy uncommon in the industry — Former U.S. staffers tell of sleep deprivation, work on weekends and mandatory meetings with colleagues on the other side of the globe| Echo Wang / Reuters: |
Legal experts say Elon Musk's foreign funding for Twitter could draw scrutiny from CFIUS for potential national security risks, similar to the kind TikTok faced — Elon Musk's decision to accept some foreign investors as part of his $44 billion buyout of Twitter Inc (TWTR.N) … | Dan Primack / Axios: |
| Aisha Malik / TechCrunch: |
Spotify Stations, the service's lightweight listening app first launched in 2018 offering easy access to curated playlists, is shutting down on May 16 — Spotify Stations, the streaming service's lightweight listening app offering easy access to curated playlists, is shutting down on May 16.| Dan Strumpf / Wall Street Journal: |
Sources: Chinese tech companies like Lenovo and Xiaomi are quietly pulling back from Russia; China's tech exports to Russia fell sharply from February to March — Firms are pulling back under pressure from U.S. sanctions and suppliers, but stay mum in face of warnings from Beijing| Alexandra Garfinkle / Yahoo Finance: |
An interview with a part-time employee who earns $10/hour at RaterLabs, a Google subcontractor evaluating search and ad-placement results for accuracy — Google Search may feel like magic, but the engine's efficacy relies on hourly employees who work for a subcontractor.| Bloomberg: |
Sources say the UK is delaying Revolut's banking license over concerns about its crypto trading service and whether it can tackle money laundering and fraud — Nikolay Storonsky, once a championship swimmer in his native Russia, doesn't like to hang around in the slow lane.| Dean Takahashi / VentureBeat: |
SEC filing: Voodoo PC founder Rahul Sood's Irreverent Labs, which recently released the NFT robot cock fighting game MechaFightClub, raised $40M — Irreverent Labs has raised $40 million to further boost its efforts to create MechaFightClub, a robot cock fighting game that uses non-fungible tokens (NFTs).| Dan Primack / Axios: |
Retail crypto exchange Crypto.com says it now has over 50M users, up 5x from late 2020, and expects to hit 100M users by year-end — Retail crypto exchange Crypto.com tells Axios that it now has over 50 million users. — Why it matters: That's more than a fivefold increase …
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| James Clayton / BBC: |
| Aislinn Keely / The Block: |
| Michael Bellusci / CoinDesk: |
| Ian Sherr / CNET: |
| Kris Holt / Engadget: |
| Ian Sherr / CNET: |
| Stefanie Marotta / Bloomberg: |