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June 30, 2022, 4:45 PM
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| Kate Rooney / CNBC: |
Sources: FTX is close to finalizing a term sheet to buy BlockFi for ~$25M and a deal could be signed by July 1; PitchBook: BlockFi was valued at $4.8B in 2021 — - Crypto exchange FTX is close to finalizing a term sheet to buy BlockFi and a deal is expected to be signed by the end of this week …
More:
The Block, CoinDesk, Finextra, Bloomberg, Benzinga, Protocol, Blockworks, New York Post, Cointelegraph, NewsBTC, Crypto Briefing, Simply Bitcoin Unfiltered, beToken my Friend ES, 0xSnak3, beToken my Friend EN, Fortune, Ethereum World News, CryptoPotato, Crowdfund Insider, CryptoGlobe, and Coinspeaker
Tweets: @blockfizac, @tier10k, @stonks_dot_com, @danprimack, @0xfoobar, @altcoinsherpa, @howardlindzon, @covered_call, @adamscochran, @davidbelle_, @caspiancey, @iamlluciana, @chatwithcharles, @kylesamani, @loopifyyy, @kylesamani, @chainlinkgod, @route2fi, @coinbureau, @zguz, @hellspawncrypto, @qwqiao, @intangiblecoins, @sgbarbour, @0xsisyphus, @coryklippsten, @autismcapital, @skesslr, @laurashin, @dystopiabreaker, @dcsilver, @followtheh, @tier10k, @tuurdemeester, @kadhim, @jreem, @twobitidiot, @autismcapital, @ledgerstatus, @seyitaylor, @jseyff, @theskyhopper, @riddle245, @jenndefer, @adamscochran, @defimafia_, @lopp, @lookner, @twicrates, and @ryanwatkins_. Thanks:@mattrosoff
| Yogita Khatri / The Block: |
Source: FTX walked away from a deal with Celsius after finding the crypto lender had a $2B hole in its balance sheet and was difficult to deal with — - FTX was interested in making a deal with Celsius but walked away because of the state of its finances, two sources told The Block.
More:
blog.celsius.network, Bloomberg, PYMNTS.com, CoinDesk, Benzinga, Ethereum World News, and Coinspeaker
| Yueqi Yang / Bloomberg: |
CoinFlex postpones resuming withdrawals; CEO says they will return “as soon as possible, upon a successful raise” but won't share how much its token has raised — Cryptocurrency exchange CoinFlex won't resume withdrawals Thursday as it had planned as it continues to raise funds …
More:
CNBC, CoinDesk, CoinFLEX, MarketWatch, Insider, Cointelegraph, Inside Bitcoins, and CryptoSlate
Tweets: @rogerkver, @tier10k, @wallstreetsilv, @thomastthai, @gmorton512, @arjunkharpal, and @caseynewton
| CoinDesk: |
More:
SiliconANGLE, Axios, Cointelegraph, The Daily Hodl, Kaiko, Blockonomi, crypto.news, Blockchain News, Financial Times, and CoinGeek
Tweets: @leahwald, @jeffjohnroberts, @felixsalmon, @seldo, @matthuang, @rnr_0, and @thestalwart
| Rita Liao / TechCrunch: |
OpenSea warns all its users of email phishing attempts after an employee at email vendor Customer.io downloaded and sent email details to an external party — Opensea, the popular NFT marketplace that hit a colossal $13 billion valuation in January, is warning users of email phishing after a data breach.
Source:
OpenSea Blog. More:
PCMag, The Guardian, HackRead, CoinDesk, BleepingComputer, Cybernews.com, Graham Cluley, Mashable, BetaNews, KnowTechie, Tech in Asia, Crypto Briefing, The Economic Times, Bitcoinist.com, Newslit Daily, Cryptopolitan, and Decrypt
Tweets: @opensea, @opensea, @cz_binance, @alexhern, @opensea, @opensea, @eclecticmethod, @officer_cia, @troyhunt, @screentimes, @gcluley, @punk6529, @opensea, @irinaheaver, @ryancarson, @ahiddensociety, and @joetidy
| Joanna Ossinger / Bloomberg: |
Bitcoin is on track for its worst quarter since Q3 2011, plunging 58%, after sliding 6%+ to fall below $19,000 on Thursday, the second time in a fortnight — Bitcoin is on track for its worst quarter in more than a decade, as more hawkish central banks and a string of high-profile crypto blowups hammer sentiment.
More:
Barron's Online, BNN, CoinDesk, CNBC, and Cryptonews
Tweets: @saylor, @cz_binance, @grady_booch, and @ercwl
| Stephen Nellis / Reuters: |
Apple's CarPlay update, demoed at WWDC 2022, will let users tap an app to navigate to a pump and buy gas from its dashboard as early as this fall — Apple Inc (AAPL.O) wants you to start buying gas directly from your car dashboard as early as this fall, when the newest version …
More:
9to5Mac, Gizchina, iPhone Hacks, Apple Must, iPhone in Canada Blog, BGR, The Mac Observer, MacDailyNews, iMore, iDownloadBlog.com, and MacRumors
Tweets: @adrianweckler, @hoodieonveshti, @chrismessina, @alexeheath, @brianroemmele, @tcpeter, and @carlquintanilla
| Mitchell Clark / The Verge: |
Raspberry Pi announces the Pico W, a $6 microcontroller equipped with an 802.11n Wi-Fi radio, powered by an Infineon CYW43439 chip with Bluetooth disabled — It's the Pico, but it knows about the network — Raspberry Pi has introduced a successor to last year's Pico …
More:
Raspberry Pi, PCMag, TechCrunch, Ars Technica, Liliputing, BetaNews, and TechPowerUp. Tweets: @raspberry_pi
| Ari Notis / Kotaku: |
Unity lays off “slightly more than 200 people”, or 4% of its workforce, two weeks after the CEO said at an all-hands meeting that there would not be any layoffs — Management at the company behind the free game development engine has been a ‘shit show’ recently, sources say
More:
Protocol, Bloomberg, The Information, VICE, Engadget, Input, TechSpot, MCV/DEVELOP, Fossbytes, and GamesIndustry.biz
Tweets: @nickstatt, @nickstatt, @nickstatt, @kylebrussell, and @iwgb_gw
| Filipe Espósito / 9to5Mac: |
Apple says South Korean app developers can now use external payment methods from KCP, Inicis, Toss, and NICE by submitting a new app version, saving 4% in fees — Earlier this year, Apple announced that it would comply with a new law in South Korea that required the company to allow third-party payment providers in App Store apps.
Source:
Apple Developer. More:
The Verge, AppleInsider, MacRumors, TechSpot, CNBC, Michael Tsai, MacStories, iPhone Hacks, iDownloadBlog.com, PYMNTS.com, Neowin, Protocol, The Korea Herald, Philip Elmer‑DeWitt, iPhone in Canada Blog, The Mac Observer, PhoneArena, Engadget, iMore, and TechCrunch
Tweets: @techwontsaveus, @vladsavov, @johnvoorhees, @bzamayo, @timsweeneyepic, and @appfairness
| Jon Porter / The Verge: |
Google updates its built-in password manager for Chrome and Android with the option to manually add passwords across all platforms, a unified design, and more — A ‘simplified and unified management experience’ is also on the way — Google is updating its built-in password manager … | Joyce Lee / Reuters: |
Samsung becomes the first company to mass produce 3nm chips, beating TSMC, touting up to 45% lower power usage over 5nm chips, 23% more performance, and more — Samsung Electronics Co Ltd (005930.KS) said on Thursday it has begun mass producing chips with advanced 3-nanometre technology … | Bloomberg: |
Filing: ex-Apple retail chief Ron Johnson's at-home tech setup company Enjoy files for bankruptcy, less than a year after its SPAC merger, and sells to Asurion — Enjoy Technology Inc., a retail startup founded by former Apple Inc. executive Ron Johnson, filed for bankruptcy on Thursday …
More:
CNBC, Crunchbase News, Reuters, MacRumors, and SPACInsider
Tweets: @laurenthomas, @eringriffith, @rstephens, @rsgnl, and @thekenyeung
| Reuters: |
An investigation details an Indian hacking-for-hire scheme to obtain documents in legal cases, starting in 2013 and targeting 100+ US and European organizations — A trove of thousands of email records uncovered by Reuters reveals Indian cyber mercenaries hacking parties involved …
More:
The Keyword, Tech Monitor, Dark Reading, and BleepingComputer
Tweets: @razhael, @reuters, @msuiche, @josephmenn, @razhael, @howelloneill, @iblametom, @shanehuntley, @shanehuntley, @feikehacquebord, @shashj, @billyleonard, and @razhael
| Katie Paul / Reuters: |
Internal memo: Meta Chief Product Officer Chris Cox expects “slower growth” in H2 2022 and “teams should not expect vast influxes of new engineers and budgets” — (Reuters) - Facebook-owner Meta Platforms Inc is bracing for a leaner second half of the year … | Karen Weise / New York Times: |
Documents show Amazon has restricted items and search results related to LGBTQ people and issues in the UAE, after the Emirati government threatened penalties — Sales of items including flags and books were blocked in the country, where homosexuality is criminalized. — Give this article- - - Read in app
More:
The Guardian, Fortune, Engadget, The Verge, and ExchangeWire.com
Tweets: @jldastin, @rgay, @reckless, @the_lefty1945, @oliharris808, and @kyweise
| Danny Nelson / CoinDesk: |
CFTC charges South Africa-based bitcoin pool operator Mirror Trading International with a $1.7B fraud, in its “largest ever fraud scheme case involving bitcoin” — MTI's self-described CEO was recently detained in Brazil on an Interpol warrant, the regulator said.
More:
CFTC, The Block, Cointelegraph, and Crowdfund Insider
| Brody Ford / Bloomberg: |
Zoom is returning to its business software roots to revive growth, after two years of trying to monetize consumers, many of whom stuck with free 40-minute calls — Zoom Video Communications Inc. is navigating life after the pandemic by acting like the past two years never happened.
Tweets: @sarahfrier
| Taylor Hatmaker / TechCrunch: |
YouTube says channels can't hide subscriber counts starting on June 29 to fight fake accounts, and rolls out an “increase strictness” comment moderation setting — Spam isn't a new problem for social media, but everyone seems to agree that it's gotten a lot worse lately.
More:
The Verge, XDA Developers, PCMag, 9to5Google, Tubefilter, Digital Trends, and Engadget
| TechCrunch: |
Meta rolls out NFT support on Facebook, letting select US creators display NFTs under a new tab on their profiles, after adding support to Instagram in May 2022 — After debuting NFT support on Instagram in May, Meta has launched digital collectibles support on Facebook with select creators.
Tweets: @larakiara
| Kyle Wiggers / TechCrunch: |
April, which personalizes and autofills tax filings by using AI to analyze tax code, raised a $30M Series A led by Treasury, bringing its total funding to $40M — Most Americans dread doing their taxes. Surveys show as much. But as many as 40% rely on money from tax refunds to satisfy some financial obligation.| Financial Times: |
An investigation details an operation by Chinese hacking group APT40 to lure graduates who studied English into translating stolen documents via a front company — FT investigation reveals student translators were targeted by front company for Beijing-backed hacking group APT40
More:
Bob's Newsletter and Malwarebytes Labs
Tweets: @maxseddon, @lehtior2, @greenmiranda, @mattgarrahan, @howelloneill, @razhael, @jchengwsj, and @lukolejnik
| Wired: |
Section 230 is the last line of defense for abortion speech online, without which platforms could face legal liability for distributing abortion information — Dobbs should be a wake-up call for anyone seeking to undercut the immunity protections afforded by Section 230 of the Communications Decency Act.
More:
Fight for the Future and Vanity Fair
Tweets: @jkosseff, @chrisdavislens, @daphnehk, @evan_greer, @culturejedi, @carnage4life, @adamkovac, @wexler, @mx_annelise, @rightsdissent, @evan_greer, @ronwyden, and @kendraserra
| Nikhilesh De / CoinDesk: |
Grayscale Investments sues the US SEC after the agency rejected its application on Wednesday to convert its flagship Grayscale Bitcoin Trust product to an ETF — The SEC rejected Grayscale's application to convert its Grayscale Bitcoin Trust to an exchange-traded fund earlier Wednesday.
More:
GlobeNewswire News Room, CoinDesk, Decrypt, Financial Times, The Block, Inside Bitcoins, Protocol, Coinspeaker, ZyCrypto, Crypto Owl's newsletter, CryptoGlobe, Crypto Briefing, Bitcoin Magazine, CryptoSlate, TheStreet, and Finbold
Tweets: @sonnenshein, @smdiehl, @jbsdc, @adam3us, @smtuffy, and @bitboy_crypto
| Bloomberg: |
Interviews detail Didi's fall due to China's crackdown, losing $60B+ in market cap in one year and blindsiding executives, after its $4.4B US IPO in June 2021 — It was an unusually frigid December weekend when Cheng Wei summoned his inner circle to his Beijing office.
Tweets: @cocojournalist, @donweinland, and @karisoo1
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