| Yogita Khatri / The Block: |
After suspending withdrawals on June 17, Babel Finance reaches “preliminary agreements on the repayment period of some debts”, helping ease liquidity pressure — - Babel Finance says it has reached “preliminary agreements” with major counterparties “on the repayment period of some debts.”| Celsius Blog: |
After pausing withdrawals, Swap, and transfers 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 … | Bloomberg: |
| David Gura / NPR: |
FTX CEO Sam Bankman-Fried blames the Federal Reserve's decision to raise interest rates for 2022's crypto crash, resulting in an investor risk “recalibration” — Cryptocurrencies are going through a spectacular crash and the head of one of the largest crypto exchanges … | Emily Nicolle / Bloomberg: |
Crypto broker Voyager Digital secures a $485M loan from FTX CEO Sam Bankman-Fried's Alameda Research, including $200M credit and 15,000 bitcoins, worth ~$285M — Crypto broker Voyager Digital Ltd said it secured loans from Alameda Research, the trading outfit from FTX founder Sam Bankman-Fried … | Adi Robertson / The Verge: |
Mark Zuckerberg demos multiple prototype VR headsets from Reality Labs, none of which will ship, as Meta continues working on VR and mixed reality devices — Meta's Reality Labs division has revealed new prototypes in its roadmap toward lightweight, hyper-realistic virtual reality graphics.| Vishal Chawla / The Block: |
Solend Labs, a “decentralized” borrowing and lending protocol on Solana, overturns a controversial vote to commandeer a whale's account and regain ~5.7M SOL — - Solend has invalidated yesterday's controversial DAO decision to take over its largest user account.| 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| ProPublica: |
Analysis: despite claiming to reject gun ads, Google accepted ads from 15 top US firearms sellers between March 9 and June 6, generating over 120M impressions — ProPublica is a nonprofit newsroom that investigates abuses of power. Sign up to receive our biggest stories as soon as they're published.| Olga Kharif / Bloomberg: |
A look at crypto “shark traders”, who scour blockchain records to find highly leveraged traders and try to push them into liquidation — With crypto prices tumbling precipitously, traders have begun increasingly turning against one another to eke out ever-elusive profits.| Kyle Wiggers / TechCrunch: |
Paris-based Platform.sh, which offers tools to build web apps, raises a $140M Series D, bringing its total raised to $187M, and says ARR is up 50% YoY to $45M — The growing complexity of web infrastructure is a challenge that many organizations face today.| 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 … | 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
Subquadratic: the LLM built for 12M-token reasoning — SubQ can reason across entire codebases and document sets in one pass with no RAG workarounds. Read how SubQ 1.1 Small holds near-perfect retrieval out to 12M tokens.
Most carriers track everything. Cape doesn't. — Unlimited talk, text & data, 24-hr metadata deletion, network ID rotation, SIM-attack defense, and more. Switch today and get 29% off for life.
App Spotlight: MessageWhiz SMS for Zoho CRM — App Spotlight brings you hand-picked solutions that enhance your Zoho apps and tools. Visit Zoho Marketplace to explore all of our apps, integrations …
Protecting your Cloud Applications Data — Backing up Office 365, Google Workspace, Dropbox & Salesforce data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.
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| Dan Seifert / The Verge: |
| New York Times: |