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June 24, 2022, 4:35 PM
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WeSmirchTop News
| 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.
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CNBC, Harmony, The Record, Bloomberg, Decrypt, PCMag, The Economic Times, PYMNTS.com, USA Today, Kiribto's Newsletter, TechCrunch, CryptoPotato, Defillama round-up🦙, Benzinga, Crypto Daily, crypto.news, CoinQuora, Micky, ZyCrypto, Cryptonews, Another Day in Crypto, San Francisco Business Journal, and Web3 is going just great
| Finextra: |
Crypto trading platform Bitpanda, which has 1,000+ staff per LinkedIn and raised $263M at a $4.1B valuation in 2021, says it is cutting its headcount to ~730 — Vienna-based Bitpanda is the latest crypto player to make job cuts, informing staffers that it will axe hundreds of positions as it face up to a dramatically altered market.
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blog.bitpanda.com, CoinDesk, Bloomberg, The Block, and Web3 is going just great
Tweets: @lukebk and @paddi_hansen
| 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) … | 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.
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PYMNTS.com, Decrypt, Benzinga, Cointelegraph, The Block, CoinDesk, Fortune, Ethereum World News, 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.
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Business Wire, TechCrunch, Silicon Republic, SiliconANGLE, Crunchbase News, TechCrunch, Silicon Valley Business …, Axios, and seeking disruption
Tweets: @julianklymochko and @chrija
| 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 …
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Bloomberg, Engadget, Finbold, Cointelegraph, Gizmodo, Tech in Asia, CryptoSlate, CoinQuora, and Cryptonews
| 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| Mack DeGeurin / Gizmodo: |
Report: Twitter gave Elon Musk more user data, including real-time API information, after he complained 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.| 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 …
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Fossbytes, Waivly, Protocol, and The Verge
| 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, CryptoPotato, Bitcoin News, Crypto Briefing, crypto.news, Cryptonews, and Decrypt. Tweets: @coindesk
| FinSMEs: |
Tapcheck, a financial wellness service that works with companies like McDonald's to let workers access their earnings before payday, raised a $20M Series A — Tapcheck, a Los Angeles, CA-based financial wellness benefit company, raised $20m in Series A funding. — The round was led by PeakSpan Capital.
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Business Wire and PYMNTS.com
| Zheping Huang / Bloomberg: |
How TikTok is cashing in on its exploding popularity; source: TikTok plans to grow its e-commerce gross merchandise volume to $2B in 2022 and $23B in 2023 — Alyssa McKay used to work part-time at a frozen yogurt store in Portland, Oregon, making minimum wage to cover her college tuition.
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Techdirt, Insider, and The New
Tweets: @hancocktom, @ericjackson, @zoescaman, @pelstrom, and @joshuatopolsky
| Manish Singh / TechCrunch: |
Zomato acquires instant delivery service Blinkit, formerly Grofers, for $568.1M in stock; Blinkit raised ~$700M in total and had a $1B+ valuation in June 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 … Sponsor Posts
Command Line:
Azure Content Understanding: Building on lessons from a decade of Document Intelligence — What a decade of teaching machines to read real-world documents taught us about what LLMs can and can't do.
Azure Content Understanding: Building on lessons from a decade of Document Intelligence — What a decade of teaching machines to read real-world documents taught us about what LLMs can and can't do.
Will Reed:
The best sales leaders aren't job hunting. Here's how to reach them without months of cold outreach. — Our team came from Box, Square, and Brex, so we already know the GTM leaders worth meeting.
The best sales leaders aren't job hunting. Here's how to reach them without months of cold outreach. — Our team came from Box, Square, and Brex, so we already know the GTM leaders worth meeting.
Zoho:
UK tax compliance with Zoho Books — The evolving tax landscape in the UK has added an additional responsibility to business owners, accountants, and bookkeepers to ensure their choice of accounting software supports compliance …
UK tax compliance with Zoho Books — The evolving tax landscape in the UK has added an additional responsibility to business owners, accountants, and bookkeepers to ensure their choice of accounting software supports compliance …
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.
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Cheeky Pint:
The company building underwater drones for $50,000
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Channels with Peter Kafka:
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Sources:
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