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May 11, 2022, 1:40 PM
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WeSmirchTop News
| Tim Copeland / The Block: |
LUNA and the UST stablecoin continue to dive; LUNA dropped as low as $0.84, a ~97% slide in 24 hours, while UST dropped as low as $0.26, a ~70% fall in 24 hours — Quick Take — The price of Luna has dropped 82% in the last 24 hours. — Its related stablecoin UST has retreated …
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TechCrunch, Terra Research Forum, SiliconANGLE, The Guardian, VICE, The Block, Decrypt, Bloomberg, The Block, Bitcoin News, CryptoPotato, Vlad's dorky crypto newsletter, Wall Street Journal, Fortune, Decrypt, Fortune, and CoinDesk
Tweets: @stablekwon, @johnbrownlow, @katie_martin_fx, @justinsuntron, @darrenlautf, @stablekwon, @terrabitespod, @novogratz, @galois_capital, @laurashin, @cdixon, @davidgerard, @altcoinpsycho, @fintechintern, @stablekwon, @meatspacemaxima, @thestalwart, @loopifyyy, @kylesamani, @levie, @alexhern, @mikealfred, @pythianism, @malwaretechblog, @lawmaster, @mhonkasalo, @themooncarl, @buccocapital, @hasufl, @justinsuntron, @davidshares, @stablekwon, @twobitidiot, @speicherx, @davincij15, @thestalwart, @glimmerycoin, @epolynya, @lomahcrypto, @0x_emperor, @rj_killmex, @cz_binance, @algodtrading, @ryansadams, @emilyjnicolle, @mdudas, @0xmisaka, @terra_money, @0xsisyphus, @twobitidiot, @cobie, @chubbicorn219, @safetyth1rd, @emperorbtc, @0x_b1, @ryansadams, @thecryptolark, @saylor, @thinkingusd, @bongcapital, @web3isgreat, @thestalwart, @trustlessstate, @xrpcryptowolf, @twobitidiot, @tradebutwhy, @scooterxbt, @stacyherbert, @punk6529, @lsukernik, @beniaminmincu, @petermccormack, @ryansadams, @whalepanda, @adamsinger, @bennetttomlin, @punk6529, @altcoinpsycho, @thecryptodog, @ksicrypto, and @cwarzel
| CoinDesk: |
Sources: Terraform Labs CEO Do Kwon pseudonymously co-founded Basis Cash, a failed algorithmic stablecoin set up in 2020 that peaked at $174M total value locked — Basis Cash, an algorithmic stablecoin project founded by the anonymous “Rick” and “Morty” in 2020, was actually the work of Terraform Labs employees.
More:
The Block, Crypto Briefing, and Sam's Crypto Musings
Tweets: @iamdcinvestor, @sobylife, @devchart, and @fintechfrank
| Stacy-Marie Ishmael / Bloomberg: |
More:
Today in Tabs, The Block, Market Meditations, CoinDesk, Wolf's Newsletter, CryptoSlate, CoinGeek, Blog Tien So, LOL's Newsletter, CryptoPotato, and CoinJournal
Tweets: @stablekwon, @stablekwon, @stablekwon, @jason, @coindesk, @livercoin, @livercoin, and @crypstax
| Frank Chaparro / The Block: |
More:
Bloomberg, Something Interesting, TechCrunch, CNBC, and Cointelegraph
Tweets: @lawmaster, @justinaknope, @lawmaster, @wublockchain, @notsofast, @fintechfrank, @raaleh, @fintechfrank, @biancoresearch, @fintechfrank, and @lawmaster
| Kyle Bradshaw / 9to5Google: |
Google Maps brings a new “immersive view”, a combination of Street View and aerial shots, for select cities and will let third-party apps use Live View's AR — At Google I/O 2022, the company unveiled improvements for Google Maps including a new “immersive view” …
More:
The Keyword, XDA Developers, Engadget, Android Police, TechCrunch, and MobileSyrup
Tweets: @google, @rogerwcheng, @baxiabhishek, and @stshank
| The Verge: |
Live blog of the Google I/O keynote, where a new Pixel A-series smartphone, upgraded Pixel Buds, and a Pixel Watch are expected — Join us for all the news and announcements from Google's developer keynote — 2022's developer conference season is here, and, as usual, Google is the first of the major companies to host its event.| Damien Wilde / 9to5Google: |
Google Translate adds support for 24 additional languages, including regional dialects from India, South America, and Africa, used by 300M people — Google Translate has today confirmed support for a further 24 new languages and dialects on its online translation service.
More:
Google AI Blog, XDA Developers, Engadget, TechCrunch, Android Police, and The Keyword
Tweets: @googleindia, @googleai, @google, @techcrunch, and @stshank
| Sami Fathi / MacRumors: |
Kuo: Apple will ditch its proprietary Lightning port and switch to USB-C for the iPhone 15 in the second half of 2023, improving transfer and charging speeds — Apple will ditch its proprietary Lightning port and switch to USB-C on all or possibly some models of the iPhone 15 lineup destined …
Source:
@mingchikuo. More:
XDA Developers, Android Police, Gizmodo, Macworld, AppleInsider, Android Authority, Thurrott, iMore, ZDNet, CNET, PCMag, Digital Trends, Redmond Pie, BGR, Appleosophy, iDownloadBlog.com, Tom's Guide, Mashable, KnowTechie, and 9to5Mac
Tweets: @mingchikuo, @harrisonweber, @apple_tomorrow, @jeremyburge, @pt, @rauschma, @reneritchie, and @llsethj
| James Vincent / The Verge: |
The European Commission proposes regulation that would require tech companies to scan for CSAM and “grooming”, worrying privacy experts and threatening E2EE — The proposal has been called unworkable and invasive by privacy experts — The European Commission has proposed controversial …
Source:
European Commission. More:
dropsafe, Metacurity, TechCrunch, Euractiv, CNBC, Protocol, Silicon Republic, iThinkDifferent, Wired, Access Now, Politico, iMore, Bloomberg, AppleInsider, Phandroid, and MacRumors
Tweets: @matthew_d_green, @wcathcart, @matthew_d_green, @vmanancourt, @evacide, @matthew_d_green, @chrismessina, @alecmuffett, @sarahjamielewis, @jjvincent, @mattblaze, @matthew_d_green, @mmasnick, @mattblaze, @ylvajohansson, @jjvincent, @lukolejnik, @matthew_d_green, @mattblaze, @mattblaze, @aurasalla, @matthew_d_green, @matthew_d_green, and @mattblaze
| MacKenzie Sigalos / CNBC: |
Coinbase drops 30%+ after reporting $1.2B net revenue in Q1, down from $1.6B YoY, 9.2M MTUs, up from 6.1M YoY, and $309B trading volume, down from $335B YoY — - Coinbase reported first-quarter earnings after the bell on Tuesday. — The earnings come amid a major sell-off across the crypto market.| Bloomberg: |
SEC chair Gary Gensler says crypto exchanges are “commingling” services, which is not in clients' best interest, and notes their ties to popular stablecoins — Gary Gensler is ratcheting up his criticism of digital-asset exchanges, arguing that some platforms are shirking rules …
More:
Finbold, CryptoPotato, and Cryptonews
Tweets: @jeffjohnroberts, @jchervinsky, @bitfinexed, @smdiehl, @macroedge1, @defidefenselaw, and @dylanleclair_
| Paul Kiernan / Wall Street Journal: |
More:
Protocol, CryptoSlate, Crypto Briefing, and CoinDesk
Tweets: @onchainwizard, @tier10k, @dogetoshi, @scottmelker, @csuram88, @wublockchain, @ohgodagirl, @asvanevik, and @boredgenius
| Aisha Malik / TechCrunch: |
Twitter rolls out a new “Copypasta and Duplicate Content” policy to clarify how it combats spam and duplicative content, and what it considers to be a violation — Twitter announced today that it's rolling out a new “Copypasta and Duplicate Content” policy to clarify … | Jordan Crook / TechCrunch: |
Airbnb releases several updates, including searching by category, the ability to book two listings for stays over one week, and AirCover guest travel insurance — The company wants to get the world traveling again — Last year, Airbnb CEO Brian Chesky said that the single-biggest challenge …
More:
The Verge, Airbnb Newsroom, Engadget, TechCrunch, MobileSyrup, CNN, Protocol, TNW, Mashable, Fast Company, Bloomberg, CNBC, Financial Times, and skift.com
| Sarah Perez / TechCrunch: |
Google unveils a multisearch “near me” option that lets users add pictures of products and then find local retailers and restaurants that may provide them — In April, Google introduced a new “multisearch” feature that offered a way to search the web using both text and images at the same time.| Sara Fischer / Axios: |
In a first, Meta withdraws its policy guidance request from the Oversight Board about Russia's invasion of Ukraine, over “ongoing safety and security concerns” — Facebook-parent Meta on Wednesday said it would be withdrawing its earlier request for policy guidance … | Foo Yun Chee / Reuters: |
Google signs deals to pay 300+ outlets in Germany, France, Hungary, Austria, the Netherlands, and Ireland for news content and plans to roll out a sign-up tool — Alphabet (GOOGL.O) unit Google has signed deals to pay more than 300 publishers in Germany, France and four other EU countries … | Amy Feldman / Forbes: |
Parker Conrad's HR software startup Rippling raises a $250M Series D led by Kleiner and Bedrock at an $11.25B valuation, bringing its total funding to $700M — “I don't think Silicon Valley has ever seen a comeback like this before.” — Parker Conrad is fully back.
Tweets: @realgenekim and @paulg
| Leah Nylen / Bloomberg: |
Sources: DOJ antitrust chief Jonathan Kanter is barred from Google cases as the DOJ debates whether he must recuse himself after working for rivals like Yelp — The Justice Department's top antitrust official has been barred from working on monopoly investigations of Alphabet Inc.'s Google …
Tweets: @revolvingdoordc, @sarahmillerdc, and @matthewamiller
| Jay Peters / The Verge: |
YouTube starts testing Channel Memberships Gifting, letting users gift paid memberships to each other, with a small group of creators — It will be available at first for a small group of creators — YouTube is launching gifted memberships in beta, and they'll be available for select channels beginning Wednesday.| Olga Kharif / Bloomberg: |
BAYC, whose average sales price dropped 29% over the past week, and other blue-chip NFT collections, have been hit harder than bitcoin amid the deep crypto rout — Blue-chip NFT collections like Bored Ape Yacht Club, which for a while outperformed the rest of the crypto market …
More:
crypto.news. Tweets: @guy_freire, @mattbruenig, @cmsholdings, @tiggerscrypto, and @frances_coppola
| Matt Schifrin / Forbes: |
Chicken Soup for the Soul Entertainment plans to acquire DVD rental and streaming company Redbox Entertainment for $375M in an all-stock deal — New! Click on the conversation bubble to join the conversation Got it! — Among buggy whip businesses, Redbox Entertainment (RDBX) … | Dean Takahashi / VentureBeat: |
Unity Software's stock falls 35%+ amid the company's $1.35B to $1.425B full-year revenue guidance, below its earlier estimate of $1.485B to $1.50B — Unity's stock price fell 28% in after-hours trading after the company reported earnings that met analyst expectations but fell short on the outlook.
More:
MarketWatch
| Paul Sawers / VentureBeat: |
Reno-based CIQ, which develops Rocky Linux, an open-source CentOS-successor Linux distribution, raises a $26M Series A led by Two Bear Capital — Sign up here. — CIQ, a company that's setting out to commercialize a new open-source Linux distribution and CentOS-successor called Rocky Linux …
More:
The Register, FinSMEs, PR Newswire, and HPCwire
| Bloomberg: |
Helsinki-based Aiven, which helps companies build open-source projects, raises $210M led by Eurazeo at a $3B pre-money valuation — Finnish software startup Aiven has raised $210 million of new funding, giving the company cash to expand abroad and hire developers.Thanks:@ivanlevingston
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