| CoinDesk: |
Toronto-based crypto lender Voyager Digital files for Chapter 11 bankruptcy protection in New York, estimating it has 100,000+ creditors and $1B-$10B in assets — The Toronto-based lender filed for Chapter 11 bankruptcy in New York late Tuesday. — Crypto lender Voyager Digital filed … | Ryan Browne / CNBC: |
| Ingrid Lunden / TechCrunch: |
Amazon partners with Just Eat Takeaway to offer a free one-year Grubhub+ subscription to Prime members in the US; Amazon also receives equity in Grubhub — Amazon tried but then ultimately stepped away from building its own cost-intensive Grubhub and DoorDash competitor in the U.S. back in 2019.| Javier Espinoza / Financial Times: |
Sources: Amazon will share more data with rivals and offer buyers a wider choice of products to assuage EU antitrust regulators, ending two high-profile probes — Agreement set to give more information to online platform's third-party sellers and close two probes| Sky News: |
The UK's CMA opens an investigation into whether Amazon distorts competition by favoring its own retail business or sellers that use its Prime services — Amazon is being investigated by Britain's antitrust watchdog over concerns that some of its practices in the UK may be anticompetitive and result in a worse deal for customers.| Bloomberg: |
Sources: the US is lobbying the Netherlands to ban ASML from selling its older deep ultraviolet lithography systems for making less-advanced chips to China — The US is pushing the Netherlands to ban ASML Holding NV from selling to China mainstream technology essential in making a large chunk … | Ryan Browne / CNBC: |
The UK's CMA opens an antitrust investigation into Microsoft's proposed Activision Blizzard acquisition, setting a September 1 deadline for its initial decision — - It marks one of the first probes by a major antitrust enforcer into the $68.7 billion deal, which was announced in January.| Ryan Weeks / The Block: |
Sources: a senior Axie Infinity engineer was duped by a fake LinkedIn job ad before downloading a PDF containing spyware, leading to the $600M+ Ronin hack — - Hackers duped a senior engineer at Axie Infinity into applying for a job at a fictitious company.| Derek B. Johnson / SC Media: |
NIST selects four encryption algorithms designed to withstand future quantum computing hacking threats and underpin its future cryptography standards by 2024 — For years, the National Institute for Standards and Technology have been working on a project to identify and vet a handful … | Hannah Murphy / Financial Times: |
Meta fintech head Stephane Kasriel says the company still plans to add NFT support to let creators monetize via cross-platform “memberships” and “subscriptions” — Social media group not adjusting ambitions ‘in any way’ despite crypto crash, says head of fintech| Leah Nylen / Bloomberg: |
The DOJ hires former Microsoft chief economist Susan Athey as its top antitrust economist; sources say Athey will likely be recused from Apple and Google cases — Susan Athey, a Stanford University professor and former chief economist at Microsoft Corp., is joining the Justice Department as its top antitrust economist.| Yueqi Yang / Bloomberg: |
Crypto exchange Bitstamp plans to charge a monthly €10 fee for non-US accounts that are inactive for one year with a balance below €200, starting on August 1 — Crypto exchange Bitstamp plans to charge a monthly “inactivity fee” for certain users, as the market downturn weighs on trading volume in the industry.| Dan Milmo / The Guardian: |
The UK proposes an Online Safety Bill amendment forcing tech companies to remove CSAM or Ofcom will fine them up to £18M or 10% of their annual turnover — Amendment to online safety bill would require tech firms to make their ‘best endeavours’ to deploy new technology| Foo Yun Chee / Reuters: |
| Emily Flitter / New York Times: |
As crypto markets tumbled, strict US regulatory rules on risky assets mostly insulated Wall Street from the chaos, while retail investors had no such safeguards — As cryptocurrency prices plunged and funds failed, strict rules on risky assets helped Wall Street companies sidestep the worst.
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| James Vincent / The Verge: |
| Aditya Kalra / Reuters: |
| Emily Baker-White / Forbes: |
| David Pan / Bloomberg: |
| Munsif Vengattil / Reuters: |
| Sarah Zheng / Bloomberg: |