Techmeme
June 13, 2022, 3:10 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, VICE, CoinDesk, CNBC, Financial Times, Bloomberg, Wall Street Journal, Australian Financial Review, Crunchbase News, New York Times, The Verge, The Block, The Block, American Banker, HotHardware.com News, TheStreet, Cointelegraph, Quartz, ExtremeTech, Finbold, Politico, watcher.guru, The Daily Hodl, Heretic Speculator, Reuters, GamesTX, web3lunch, The Guardian, Bloomberg, CoinQuora, CryptoGlobe, CryptoSlate, Input, Axios, CoinJournal, crypto.news, Crypto Adventure, Coinpedia, CryptoPotato, Cryptonews, Crypto's Newsletter, Ethereum World News, Bitcoinist.com, Blockchain News, Fortune, Bitcoin Magazine, TechSpot, Defillama round-up🦙, Coinspeaker, Protos, Crowdfund Insider, CoinGeek, Off to Lunch, Bitcoin News, Engadget, Tech in Asia, The Economic Times, Blockworks, Cryptopolitan, Mashable, The Crypto Lobby, Crypto Briefing, Newslit Daily, Fast Company, Meer of Mynder, CoinGape, TechCrunch, Decrypt, and Micky
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 …
Daniel Roberts / Decrypt:
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.
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.
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 …
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
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 …
Corin Faife / The Verge:
A look at the growing disparities between ad blocker browser extensions, as Google's Manifest V3 removes blocking via Web Request and Mozilla maintains support  —  There's a growing split over how much room browsers should leave for ad blocking — and Chrome and Firefox have ended up on opposite sides of the fight.

Sponsor Posts

Intel:
Managing a Complex Multi-Cloud Environment Requires a Reliable Ecosystem  —  To avoid vendor lock-in and effectively manage your mission critical workload needs, you need a reliable ecosystem and architecture
Brightspot:
Is your CMS solving your content problems, or creating new ones?  —  In a commissioned study written and conducted by Forrester, we revealed that 72% plan to change their CMS platform, is your organization one of them?
Sastrify:
SaaS Prices Are Going Up.  Here's Why (And What You Can Do about It)  —  From inflation issues to rock-bottom retention rates: get the latest industry updates and see how high-growth teams are preparing for 2023.
Zoho:
How Zoho Sign makes paperwork easy for enterprises  —  With today's rapidly advancing technology, everything from how we communicate to how we pay our bills can be carried out digitally.
Vesto:
The treasury management platform built for startups  —  Put your idle cash to work, earn higher yields, and extend your runway with Vesto.
Techmeme Ride Home:
Tue. 01/31 - Weird Gaming News
The day's tech news, every day at 5pm ET. Fifteen minutes and you're up to date.
Subscribe via Apple Podcasts, Spotify, or RSS.
 

About This Page

This is a Techmeme archive page. It shows how the site appeared at 3:10 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