Techmeme
June 13, 2022, 5:35 PM

Top News

Celsius:
DeFi lending platform Celsius pauses “all withdrawals, Swap, and transfers between accounts”, due to “extreme market conditions” and citing its Terms of Use  —  We are writing with a very important message for our community.  —  Due to extreme market conditions …
More: tether.to, TechCrunch, CoinDesk, VICE, CNBC, The Block, Bloomberg, Metaverse Post, The Register, Financial Times, Australian Financial Review, New York Times, Cointelegraph, Bitcoin Magazine PRO, American Banker, Bloomberg, stego crypto, Watcher Guru, Web3 Digest, CAP News, CoinJournal, Crunchbase News, The Logic, Reuters, crypto.news, The Guardian, Quartz, Myth of Money, The Daily Hodl, ExtremeTech, Politico, HotHardware.com News, Input, Axios, Coinpedia, CoinQuora, CryptoPotato, Cryptonews, Crypto's Newsletter, GamesTX, Bitcoinist.com, web3lunch, Fortune, Bitcoin Magazine, CryptoSlate, TechSpot, Insider, Defillama round-up🦙, Coinspeaker, Crowdfund Insider, CoinGeek, CryptoGlobe, Off to Lunch, Bitcoin News, Engadget, Heretic Speculator, The Economic Times, Blockworks, Cryptopolitan, Mashable, The Crypto Lobby, Crypto Briefing, Newslit Daily, Fast Company, Protos, and Blockchain News
Brandy Betz / CoinDesk:
Bloomberg:
Major cryptocurrencies crash as the crypto market cap falls below $1T: bitcoin drops 16%+ to ~$23K, ether drops 18%+ to ~$1.2K, and Solana drops 16%+ to ~$28  —  Bitcoin plunged to the lowest in about 18 months in Asia trading Monday as the impact of Friday's shock US inflation data continued to reverberate through global risk assets.
Matt Turner / Bloomberg:
As cryptocurrencies tumble, MicroStrategy, which owns 129K+ bitcoins, drops up to 28%; Coinbase, Riot Blockchain, and Marathon Digital each drop as far as 15%+  —  Cryptocurrency-related stocks plunged on Monday as Bitcoin tumbled to its lowest level in 18 months amid a deepening selloff …
Gary Marcus / The Road to AI We Can Trust:
Despite differences within the AI community, pretty much all AI experts find the notion that Google's LaMDA might be sentient completely ridiculous  —  No, LaMDA is not sentient.  Not even slightly. … Blaise Aguera y Arcas, polymath, novelist, and Google VP, has a way with words.
Sarah Lord / CNET:
Amazon plans to test drone deliveries in Lockeford, California, after receiving FAA approval to service the town, for products ordered through Amazon Prime Air  —  The service will be called Prime Air and will use drones with sense-and-avoid systems to deliver packages safely.  —  Sarah Lord
Tom Warren / The Verge:
Microsoft updates Teams to improve echo cancellation and room acoustics on calls using ML models, resulting in less clipping when callers interrupt each other  —  Your Teams calls should sound a lot better  —  Microsoft has spent the past two years adding flashy new productivity features to Teams …
New York Times:
Microsoft and the CWA union announce a deal that would make it easier for Activision Blizzard's ~7,000 US employees to unionize after the acquisition closes  —  The accord could ease the path for thousands of workers to unionize at the game company Microsoft is acquiring and addresses an antitrust objection.
Muyao Shen / Bloomberg:
A look at Ethereum staking service Lido Finance, which holds 4M+ ETH or 32% of the total staked, raising centralization-related security concerns about Eth2  —  A cryptocurrency project touted as helping to democratize the Ethereum blockchain is coming under criticism for potentially taking …
Molly White:
A skeptical look at whether crypto can offer self-sovereign identity services without dystopian outcomes, as Buterin, Dorsey, and others explore the idea  —  Anonymity and trustlessness are central to the crypto world.  People don't have to attach real-world identities to crypto wallets …

Sponsor Posts

Google:
Try Gemini 3 Pro  —  Google's newest and most intelligent AI model that helps you bring any idea to life
Shopify:
Transform ML Experimentation with Tangle  —  Save months of compute time with Tangle, built by Shopify.  Try this open-source platform to simplify ML workflows, ensure reproducibility, and seamlessly share with collaborators.
Zoho:
Contract Signed.  Project Ready.  Tasks Created.  —  Every project begins with a promise; a contract that outlines the deliverables, the timelines, and the terms.  But for most businesses …
IDrive:
Protecting your Cloud Applications Data  —  Backing up Office 365, Google Workspace, Dropbox & Box data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.

Featured Podcasts

Grit:
The Pull to Build: Joubin Mirzadegan on Grit and Starting Roadrunner
Grit explores what it takes to create, build and scale world-class organizations.
Subscribe to Grit.
Lenny's Podcast:
The 100-person AI lab that became Anthropic and Google's secret weapon | Edwin Chen (Surge AI)
Interviews with world-class product leaders and growth experts to uncover actionable advice to help you build, launch, and grow your own product.
Subscribe to Lenny's Podcast.
Big Technology Podcast:
AI Device Wars Heat Up, RIP Metaverse?, Netflix Acquires Warner Brothers
The Big Technology Podcast takes you behind the scenes in the tech world featuring interviews with plugged-in insiders and outside agitators.
Subscribe to Big Technology Podcast.
Channels with Peter Kafka:
"Hollywood is Truly Freaked Out." Inside the Netflix/WBD Deal with Lucas Shaw
Media and tech aren't just intersecting - they're fully intertwined. To understand how those worlds work, Peter Kafka talks to industry leaders, upstarts and observers.
Subscribe to Channels with Peter Kafka.
Hard Fork:
OpenAI Calls a 'Code Red' + Which Model Should I Use? + The Hard Fork Review of Slop
The future is already here. Each week, journalists Kevin Roose and Casey Newton explore and make sense of the latest in the rapidly changing world of tech.
Subscribe to Hard Fork.
Access:
Is Roblox making the internet better or worse? We asked the CEO
A show about the tech industry's inside conversation, hosted by tech reporter Alex Heath and founder whisperer Ellis Hamburger.
Subscribe to Access.
 

About This Page

This is a Techmeme archive page. It shows how the site appeared at 5:35 PM ET, June 13, 2022.

The most current version of the site as always is available at our home page. To view an earlier snapshot click here and then modify the date indicated.

More News

Earlier Picks