| Edward Ongweso Jr / VICE: |
Q&A with retail traders after Terra's crash: some lost their life savings, others shared suicidal ideation on forums, some now acknowledge it's a Ponzi scheme — It took less than a week for the third largest stablecoin and its ecosystem to become virtually worthless, wiping out countless traders' savings.| Yogita Khatri / The Block: |
Over $1.2B of Luna Foundation Guard's bitcoin reserves remains unaccounted for; LFG had $2B+ in bitcoin reserves and loaned $750M to OTC firms and market makers — Quick Take — Luna Foundation Guard accumulated over $2 billion in bitcoin reserves and provided a loan of $750 million in bitcoin.| Sunil Jagtiani / Bloomberg: |
| Mike Masnick / Techdirt: |
Texas' content moderation law is clearly unconstitutional and forces social media services to allow a torrent of spam or face a deluge of frivolous litigation — So, I already had a quick post on the bizarre decision by the 5th Circuit to reinstate Texas' social media content moderation law … | Cat Zakrzewski / Washington Post: |
| Sohee Kim / Bloomberg: |
Sources: Samsung is talking to clients about hiking chipmaking prices by up to 20% in 2022, joining TSMC and UMC, who are planning another round of price hikes — Samsung Electronics Co. is talking with foundry clients about charging as much as 20% more for making semiconductors this year … | Taylor Lorenz / Washington Post: |
A look at My Friends My Data, a group of startup founders pushing for legislation to force tech giants like Meta to let creators transfer followers between apps — A new coalition of start-ups is calling on tech giants to allow creators to reach followers on more platforms.| Nivedita Balu / Reuters: |
Elon Musk says his Twitter deal is “temporarily on hold” till a review of “spam/fake accounts”, but is “still committed to acquisition”; stock closes down 9.67% — Elon Musk said on Friday his $44-billion deal for Twitter Inc (TWTR.N) was temporarily on hold … | Matt Levine / Bloomberg: |
| Dimuthu Attanayake / Rest of World: |
Experts say hacked data shared by Anonymous from various Sri Lankan governmental and other websites has put regular citizens at severe risk of cybercrimes — Leaked data by the hacker collective has put regular Sri Lankans at severe risk of cybercrime. — • COLOMBO, SRI LANKA| Joshua Oliver / Financial Times: |
Interview with Sam Bankman-Fried on the crypto hype, blockchain's potential to build a fairer financial system, philanthropy, and more — When an aide told me that “one of our drivers” would pick me up for my lunch with Sam Bankman-Fried, I imagined a hulking black SUV of the kind … | Benjamin Pimentel / Protocol: |
A Q&A with SEC commissioner and “Crypto Mom” Hester Peirce, on her criticisms of the SEC's approach to crypto, chairman Gary Gensler's leadership, and more — SEC Commissioner Hester Peirce is celebrated in memes as “Crypto Mom.” She's considered crypto's staunchest ally … | Sam Nussey / Reuters: |
Tokyo- and Bangkok-based Opn, formerly Synqa, a digital payments and blockchain tech provider, raises a $120M Series C+ at a $1B+ valuation — Digital payments processor Opn, formerly known as Synqa, said it had raised $120 million in a Series C+ funding round, becoming a rare unicorn, or startup worth more than $1 billion, in Japan.| Brian Heater / TechCrunch: |
A Q&A with Reggie Fils-Aimé, former Nintendo of America president and COO, on his time at the company, plans for a $200M SPAC, the future of gaming, and more — The former Nintendo of America president and COO discusses his journey with the gaming giant| The Economic Times: |
Sources: Amazon, Flipkart, and Reliance Retail are in talks to join India's open e-commerce network, which aims to break the dominance of large e-commerce firms — Logistics providers Ekart, Dunzo sign up on network; PhonePe in final stages of integration — Bengaluru: Ecommerce majors … | Ciara O'Brien / The Irish Times: |
Irish DTC e-commerce services company ESW to acquire Los Angeles-based Scalefast, which helps DTC brands launch online stores quickly, sources say for $300M+ — American online store software specialists gives ESW access to new business sectors — Irish-based ecommerce company ESW …
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| David Jones / Cybersecurity Dive: |
| Mark Gurman / Bloomberg: |