Techmeme
September 20, 2022, 11:32 AM

Top News

Tim Copeland / The Block:
Crypto market maker Wintermute says hackers stole $160M from its DeFi operations but the firm remains solvent; in total, 90 assets were stolen, most worth <$1M  —  - Crypto market making firm Wintermute has been hacked.  — The firm maintains that it is solvent.
Filipe Espósito / 9to5Mac:
Apple plans to increase the price of apps and IAP on the App Store in all territories that use the euro and some Asian countries, starting October 5  —  Apple announced on Monday that it will soon raise App Store prices in multiple countries, including Japan, South Korea, and many others in Europe.
Mia Sato / The Verge:
A study by Mozilla using YouTube recommendation data from 20,000+ users and 500M+ videos finds the “dislike” and “not interested” buttons have little impact  —  Even when users tell YouTube they aren't interested in certain types of videos, similar recommendations keep coming, a new study by Mozilla found.
Benjamin Mayo / 9to5Mac:
Chance Miller / 9to5Mac:
J. Clara Chan / The Hollywood Reporter:
Spotify launches an audiobooks service in the US with 300,000 titles, letting users purchase and download individual books to play in its app  —  The audio giant, which is offering 300,000 audiobooks for purchase at launch, is positioning its books service as separate from its Premium subscription for music and podcasts.
Sander Lutz / Decrypt:
In a federal lawsuit against crypto influencer Ian Balina, the SEC claims the entire Ethereum network falls under the US government's purview  —  In a civil complaint against a crypto influencer, the SEC suggested that it believes the U.S. government has jurisdiction over all Ethereum transactions.
Frank Chaparro / The Block:
Sources: Nasdaq is exploring an institutional crypto custody service, pending regulatory approval, and a crypto-focused division called Nasdaq Digital Assets  —  - Nasdaq has been plotting a move into crypto custody, according to several sources.  — The move is in line with its broader mission …
David Pierce / The Verge:
Slack announces Canvas, a collaborative tool that presents contextual information for each channel, helps users edit documents in-app, and more, coming in 2023  —  Slack is becoming a document editor.  The Salesforce-owned company announced today at its developer conference that it is building …
Ryan Weeks / The Block:
Court filing: Alameda Research plans to repay ~$128M in bitcoin and ~$70M in ether to bankrupt crypto lender Voyager and will reclaim ~$160M in collateral  —  - Crypto trading firm Alameda Research will repay two large loans demoninated in bitcoin and ether.  — Once repaid, Alameda will reclaim some $160 million in collateral.
Divya Balji / Bloomberg:
Chamath Palihapitiya plans to shutter two SPACs, the $1.15B Social Capital Hedosophia VI and $460M Social Capital IV, after failing to find acquisition targets  —  Chamath Palihapitiya said he is winding down two special purpose acquisition companies, including his largest ever …
Ingrid Lunden / TechCrunch:
London-based Sequence, which offers APIs and other tools for pricing, billing, and related services, raised a $19M seed led by a16z  —  When it comes to fintech, consumers have commanded the most attention in the last decade, with banking, credit, investing and other legacy services getting the disruption treatment.
More: AltFi and UKTNThanks:@ingridlunden

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