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June 20, 2022, 9:50 AM
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WeSmirchTop News
| Yogita Khatri / The Block: |
After suspending withdrawals on Friday, Babel Finance says it has reached “preliminary agreements” on repayments of “some debts”, helping ease its liquidity — - Babel Finance says it has reached “preliminary agreements” with major counterparties “on the repayment period of some debts.”
More:
CoinDesk, Bloomberg, and Babel Finance
Tweets: @wublockchain, @emilyjnicolle, @muyaoshen, @muyaoshen, @mayazi, @wublockchain, @3anoncompany, @bitfinexed, and @bitfinexed
| Wall Street Journal: |
The total value of all cryptocurrencies has gone down by roughly $2T, or two-thirds, since bitcoin hit its all-time high in November 2021 — The cryptocurrency industry was built on swagger, enthusiasm and optimism. All three are in short supply these days, as losses and layoffs mount. — 1x
Tweets: @imincorrigible, @mgsiegler, @hkanji, @nefrorantes, and @paulvigna
| Celsius Blog: |
After pausing withdrawals last week, Celsius asks for more time to stabilize its liquidity and operations and halts Twitter Spaces and AMAs — It has been one week since we paused withdrawals, Swap, and transfers. We want our community to know that our objective continues to be stabilizing our liquidity and operations.
More:
BnkToTheFuture, Decrypt, CNBC, Crypto Adventure, Coinspeaker, Ethereum World News, Cryptopolitan, Blockworks, Bloomberg, Cointelegraph, Inside Bitcoins, watcher.guru, The Block, CryptoPotato, Blockchain News, and Cryptonews
Tweets: @simondixontwitt, @celsiusnetwork, @golikehellmachi, @mayazi, and @ahcastor
| Bloomberg: |
Bitcoin fell to under $18K on Saturday, below its $19,511 high during its 2017 bull cycle, as ether dropped below $1K; both are down 70%+ since November 2021 — Bitcoin plunged through several closely watched price levels to the lowest since late 2020 as evidence of deepening stress within …
More:
Attack of the 50 Foot …, The Guardian, MarketWatch, Financial Times, Cryptopolitan, CoinJournal, Inside Bitcoins, Decrypt, Bloomberg, Reuters, Decryptor0 Newsletter, Micky, The Daily Moon, The Daily Hodl, CNN, Mashable, The Markup, Moneycontrol, Ethereum World News, The Crypto Connection, TechCrunch, Wall Street Journal, and Financial Times
Tweets: @cameron, @nayibbukele, @saylor, @ercwl, @cryptohayes, @jason, @pjacaytonphd, @sasha35625, @briannawu, @alfonslopeztena, @robertwiblin, @ericlaw, @ben_mckenzie, @levinepmc, @sbf_ftx, @brianlfrye, @mikeolson, @ianbetteridge, @bigseanharris, @dlacalle_ia, @sdonnan, @bqprime, @fintechintern, @katienotopoulos, @apompliano, @business, @chhopsky, @100trillionusd, @krisnova, @twobitidiot, @bigtechalert, @bigblackjacobin, @smdiehl, @mrinaldesai, @pr0blematicswag, @tomgara, @grady_booch, @kylebrussell, @charlesarthur, @levie, @tomgara, @noahpinion, @thestalwart, @charlesarthur, @asilbwrites, @simonw, @levie, @hblodget, @kylebrussell, @peterschiff, @allnick, @chhopsky, @poorlyagedstuff, @crypto_birb, @wifeyalpha, @ashwsbreal, @btc_archive, @bbtc, @bitcoinmagazine, @spectatorindex, @gainzxbt, @awice, @chubbicorn219, @cobie, @grady_booch, @tommackenzietv, @gossithedog, @loopifyyy, @liron, @nope_its_lily, @fintechfrank, @nope_its_lily, @emilyjnicolle, @davidgerard, @mspro, @lawmaster, @route2fi, @ashwsbreal, @wublockchain, @twobitidiot, @alexhern, @charlesarthur, and @liron
| Rest of World: |
More:
The Overspill. Tweets: @malekanoms, @luciacholakian, @cengizyar, @leomschwartz, @lobaestrangeira, @yinkawrites, @jason, and @briannawu
| Manish Singh / TechCrunch: |
Telegram passes 700M MAUs and unveils Telegram Premium, which will let users follow up to 1,000 channels, send files up to 4GB, and more, for $5 to $6 per month — Telegram has amassed 700 million monthly active users and is rolling out a premium tier with additional features …
More:
Telegram, PCMag, Android Authority, TechSpot, Mashable, ExchangeWire.com, Silicon Republic, SamMobile, iMore, The Register, Android Police, PhoneArena, XDA Developers, TechCircle, AppleInsider, Engadget, gHacks Technology News, SlashGear, The Verge, Neowin, Wccftech, and Pocketnow
Tweets: @mattnavarra and @wexler
| New York Times: |
Apple employees at a store in Towson, Maryland vote 65-33 to unionize, making it the company's first US store where employees voted in favor of unionizing — Roughly two-thirds of employees at the store in Towson, Md., voted to join the union. — Give this article- - - Read in app
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CNBC, Washington Post, IAMAW, PCMag, Reuters, Wall Street Journal, MacDailyNews, MacRumors, Bloomberg Law, International Business Times, iPhone in Canada Blog, iMore, The Independent, Associated Press, The Week, The Mac Observer, Quartz, iLounge, Al Jazeera, iThinkDifferent, Variety, Barron's Online, The Verge, The Guardian, Slashdot, CNN, Android Police, Wired, City A.M., Associated Press, TechCrunch, BBC, The Block, WRAL TechWire, 9to5Mac, HuffPost, The Economic Times, NBC News, Baltimore Sun, AppleInsider, CNET, Axios, Engadget, and The Hill
Tweets: @machinistsunion, @acoreunion, @moreperfectus, @machinistsunion, @applelaborers, @apple_union, @mjh_txt, @berniesanders, @moreperfectus, @lizshuler, @sbworkersunited, @t_distro, @infrophell, @uniontyler, @applelaborers, @applelaborers, @infrophell, @flaggedfordepot, @attilatyra, @machinistsunion, @variety, @jubartii, @applelaborers, @aliknez, @enrichinglivez, @appleworkers, @greenhousenyt, @iambobmartinez, @tevitauhatafe, @depotgenius, @speakerajones, @ashleygjovik, @jannekeparrish, @ashleygjovik, @infrophell, @rkgwork, @repdanmiller, @benquinn75, @greenhousenyt, @erikloomis, @notshenetworks, @stevekovach, @iankullgren, @afp, @parismarx, @jason_koebler, @tommieclarkwbal, @jamieson, and @zellieimani
| Elizabeth Dwoskin / Washington Post: |
Interviews with members of Peter Thiel's inner circle describe how he came to the decision to leave Meta's board, a departure that was years in the making — Inside the billionaire investor's journey from Facebook board member to an architect of the new American right| Emily Nicolle / Bloomberg: |
Crypto broker Voyager secures a $485M loan from FTX CEO Sam Bankman-Fried's Alameda, including $200M credit and 15,000 bitcoins, worth around $285M — Crypto broker Voyager Digital Ltd said it secured loans from Alameda Research, the trading outfit from FTX founder Sam Bankman-Fried … | David Gura / NPR: |
Sam Bankman-Fried says the Federal Reserve's decision to raise interest rates led to the current crypto crash, resulting in risk “recalibration” for investors — Cryptocurrencies are going through a spectacular crash and the head of one of the largest crypto exchanges …
More:
Decrypt, CryptoSlate, Coinspeaker, Cryptonews, CoinJournal, Cryptocracy, Cointelegraph, CryptoPotato, and Cryptopolitan
Tweets: @howardlindzon, @ivanthek, @sbf_ftx, @davidgura, and @fttdao
| Danny Nelson / CoinDesk: |
Solend Labs, a “decentralized” borrowing and lending protocol on Solana, voted to take over an account that deposited 5.7M SOL, over 95% of the pool's deposits — Solend users voted to “grant emergency power to Solend Labs to temporarily take over the whale's account.”
More:
Solend, Solend, Blockworks, CNBC, crypto.news, Coinspeaker, watcher.guru, Crypto Briefing, Bloomberg, Pandaily, NFT Evening, and The Block
Tweets: @_dean_machine, @coop_daniels, @lloydmiller, @austinj, @kentoinami, @solendprotocol, @algofamily, @arrington, @swenlink, @kennwhite, @lex_node, @larry0x, @erratarob, @johnalanwoods, @aaronwise5147, @nsapproductions, @thormaximalist, @richayotte, @jgamblin, @solendprotocol, @solendprotocol, @cdespinosa, @fomoby, @milimalism, @coindesk, @swenlink, and @danny_mx
| Financial Times: |
NetEase delays the release of Diablo Immortal after the game's Weibo account shared a reference to Winnie the Pooh, a way to derisively refer to President Xi — Cartoon bear is often used to criticise President Xi Jinping and has been blacklisted by censors
More:
South China Morning Post, GamesIndustry.biz, Reuters, GamesRadar, CNBC, Dexerto, South China Morning Post, Bloomberg, and Video Games Chronicle
Tweets: @zhugeex, @pingroma, @therealjoshye, @chaossmurf, @yaling_jiang, and @zhugeex
| Dan Seifert / The Verge: |
Microsoft's Surface Duo 2 is a compelling dual-screen phone after at least nine software updates and a $500 price cut, but it works best as a secondary device — It's exceedingly rare that a product actually gets better months after it was released. But Microsoft's oft-forgotten Surface Duo 2 …
Tweets: @pierce, @omardizer, @markpeak, @parkerortolani, @bencsin, @daniel_rubino, and @thesurfaceguide
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