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June 24, 2022, 1:25 PM
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| Brian Newar / Cointelegraph: |
Harmony stops its Horizon bridge between Ethereum, Binance Chain, and Bitcoin after a theft of ~$100M in altcoins; Harmony says its BTC bridge was not impacted — The layer-1 blockchain's main bridge between Ethereum, Binance Chain, and Bitcoin has been exploited for nine figures, but says its BTC bridge has not been affected.| Wall Street Journal: |
Sources: FTX is in talks to acquire a stake in BlockFi but no equity agreement has been reached; FTX gave the crypto lender a $250M credit line this week — FTX gave crypto lender a $250 million credit line this week — Crypto billionaire Sam Bankman-Fried has become a lender of last resort to his beleaguered industry.
More:
Decrypt, The Block, CoinDesk, Fortune, GRIT CRYPTO, and CryptoSlate
Tweets: @mayazi, @mslopatto, and @silvermanjacob
| Lauren Feiner / CNBC: |
Zendesk agrees to be acquired by an investor group in an all-cash deal valuing the company at ~$10.2B and will go private once the deal closes; stock is up 25%+ — - Customer experience software company Zendesk agreed to be acquired by an investor group in an all-cash transaction valuing it around $10.2 billion.
More:
Silicon Republic, TechCrunch, Business Wire, Crunchbase News, TechCrunch, San Francisco Business Journal, Axios, and seeking disruption
Tweets: @julianklymochko and @chrija
| Aaron Tilley / Wall Street Journal: |
Walmart says its hybrid cloud system now has 10K “edge nodes” across the US, cutting annual cloud spending by 10%-18% and lessening its reliance on cloud giants — Retailer says new hybrid system allows the company to switch between cloud providers and its servers, saving time and money| Jonathan Greig / The Record: |
The CISA and the US Coast Guard Cyber Command warn companies of Log4Shell exploits in the wild, citing one incident of threat actors exfiltrating 130GB+ of data — The Cybersecurity and Infrastructure Security Agency (CISA) and the United States Coast Guard Cyber Command (CGCYBER) …
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CISA, Cybersecurity Dive, SecurityWeek, Security Affairs, Petri IT Knowledgebase, The Hacker News, Help Net Security, and BleepingComputer
Tweets: @uscert_gov and @therecord_media
| Oliver Knight / CoinDesk: |
Axie Infinity developer Sky Mavis plans to restart its bridge and reimburse ~$216.5M in USDC and ether on June 28 to the victims of the $625M Ronin bridge hack — A total of $216.5 million in USDC and ethereum at today's prices will be returned to users. — Sky Mavis, the developer behind …
More:
Bloomberg, Finbold, Gizmodo, Decrypt, CoinQuora, Tech in Asia, CryptoSlate, and Cryptonews
| Aoyon Ashraf / CoinDesk: |
Coinbase Derivatives Exchange plans to launch its first crypto derivatives product, Nano Bitcoin futures (BIT), at 1/100th of the size of a Bitcoin, on June 27 — Coinbase Derivatives Exchange hopes to capitalize on a market that is $3 trillion in volume worldwide and provide hedging options for traders.
More:
The Coinbase Blog, The Block, Bloomberg, crypto.news, CryptoPotato, Bitcoin News, Crypto Briefing, Blockworks, Cryptonews, and Decrypt. Tweets: @coindesk
| Davey Alba / Bloomberg: |
Source: in February, Meta started an official internal process to shut down CrowdTangle, but paused the plan as the EU's Digital Services Act gained traction — On May 17, as several states held their primary elections, Jesse Littlewood searched the internet using a tool called CrowdTangle …
More:
Fossbytes, Waivly, Protocol, and The Verge
| Cameron Thompson / CoinDesk: |
Binance launches Binance Institutional to let VIP and institutional investors trade digital assets; the service is not available to Binance.US customers — The exchange's release of Binance Institutional aligns with CEO Changpeng Zhao's commitment to expand and hire during the bear market.
More:
crypto.news, Decrypt, and Binance
| Natasha Lomas / TechCrunch: |
Italy's data watchdog finds a local web publisher's use of Google Analytics violates EU data protection rules due to the privacy risk of data transfer to the US — Another strike against use of Google Analytics in Europe: The Italian data protection authority has found a local web publisher's use …
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The Register, gpdp.it, PYMNTS.com, Slashdot, Silicon Republic, Bestgamingpro, Bloomberg Law, International Association …, and Euractiv
Tweets: @benedictevans, @carnage4life, @privacydigest, @jeffjarvis, @hrbrmstr, @gavinsblog, @seyitaylor, @punk6529, and @slim404
| Manish Singh / TechCrunch: |
Zomato acquires instant delivery service Blinkit, formerly Grofers, for $568.1M; Blinkit raised about $700M in total and was valued at $1B+ in 2021 — Zomato has acquired Blinkit, a struggling 10-minute grocery delivery startup, in a $568.1 million deal as the loss-making food delivery firm looks …
More:
Entrackr, The Economic Times, DealStreetAsia, and Nikkei Asia
| Mack DeGeurin / Gizmodo: |
Report: Twitter gave Elon Musk more data, including real-time API access, after he complained last week that the large historical data he received wasn't enough — The company reportedly provided Musk with a new tranche of data after his team claimed they couldn't properly run tests to discover evidence of bots.| Leo Schwartz / Rest of World: |
Facebook has emerged in Mexico City as a low-cost alternative to food delivery services like Uber Eats and Rappi, as restaurateurs seek to avoid high fees — The platform has emerged as a hack around Uber Eats and Rappi's high fees. — • XOCHIMILCO, MEXICO
Tweets: @khushbuoshea, @anirvan, @leomschwartz, @lenton_chris, @cowvala, @kayla_s_stewart, @asayf, @mrstephendeng, and @brendawambui
| Ben Schoon / 9to5Google: |
OSOM, founded by ex-Essential employees, scraps its OV1 phone and partners with Solana to produce Saga, a $1,000 Web3-focused Android phone launching in Q1 2023 — The OSOM OV1 was a new Android smartphone built from the bones of Essential, but it's now being rebranded as a crypto/web3 device, the “Solana Saga.”Sponsor Posts
Subquadratic:
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.
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.
Cloudflare:
Cloudflare Connect 2026: The Agentic Conference — Stop preparing for agents. Start running them. 100+ sessions, workshops, and speakers from OpenAI, Arm, and Cloudflare across AI, security, and performance.
Cloudflare Connect 2026: The Agentic Conference — Stop preparing for agents. Start running them. 100+ sessions, workshops, and speakers from OpenAI, Arm, and Cloudflare across AI, security, and performance.
Zoho:
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Automate your scheduling workflows with Zoho Calendar — Your calendar can do more than schedule meetings Creating a calendar event takes only a few seconds. But scheduling is rarely just about creating the event.
IDrive:
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.
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.Featured Podcasts
Big Technology Podcast:
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Channels with Peter Kafka:
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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.
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Invest Like the Best:
Michael Moritz - Lessons From 40 Years of Investing and Writing
The leading destination to learn about business and investing. We do this by showcasing exceptional talent and ideas.
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Sources:
Baseten's CEO on why every company will want to own its AI
Candid conversations with the leaders shaping what's next in AI and the broader tech industry. Hosted by Alex Heath, who has covered Silicon Valley for more than a decade.
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Training Data:
Box's Aaron Levie: On Reinventing Yourself in the AI Age and Enterprise Diffusion
Sequoia Capital partners host conversations with leading AI builders and researchers to develop a deeper understanding of the evolving technologies and their implications.
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Uncapped with Jack Altman:
Andrew Feldman from Cerebras
Conversations with people I admire about things I'm genuinely interested in.
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