October 15, 2022, 9:30 PM

Top News

Osato Avan-Nomayo / The Block:
Hacker behind the Mango Markets exploit keeps $47M and returns $67M to the DeFi platform after a Mango community vote; he claims his actions were legal  —  - Eisenberg called the exploit a “profitable trading strategy” and said his actions were legal.  — The Mango exploiter said the deal …
Wall Street Journal:
Internal Meta docs detail its metaverse struggles; Horizon Worlds has ~200K MAUs vs. a 500K goal by the end of 2022; 9% of worlds are ever visited by 50+ people  —  Most visitors to Horizon Worlds generally don't return after first month; ‘an empty world is a sad world’
Mark Gurman / Bloomberg:
Sources: Apple plans to launch 11" and 12.9" iPad Pros with M2 in October and is working on a Mac mini with M2, Apple TV with A14, and a low-end iPad with USB-C  —  Apple's next product launch is just days away.  Also: The company withholds new employee benefits from its unionized retail store …
Sam Reynolds / CoinDesk:
Binance's mining service Binance Pool launches a $500M fund to provide 18-to-24-month loans for private and publicly listed Bitcoin miners  —  The entity is the latest to join the growing ranks of alternative lenders looking to provide capital to the distressed mining industry.
Victoria Gill / BBC:
The WEEE Forum research estimates that about 5.3B out of 16B mobile phones worldwide will be thrown away in 2022; e-waste will grow to 74M tons per year by 2030  —  This year, 5.3 billion mobile phones will be thrown away the international waste electrical and electronic equipment (WEEE) forum says.
The Wire:
In response to Meta's rebuttal of its XCheck report, The Wire shares a video of a source using a subdomain, DKIM signatures, and more, but experts are skeptical  —  A point-by-point response to Meta's statement questioning The Wire's story on the ease with which the BJP IT Cell head is able to get Instagram to delete posts he reports.
Hamish McKenzie / On Substack:
Instead of other newsletter platforms, Substack should be compared to services giving creators direct relationships with fans, like Shopify, Twitch, and Patreon  —  Or the creator economy, for that matter  —  When we started Substack in 2017, we told people that we made it simple to start a paid subscription publication.
Ashley Capoot / CNBC:
Elon Musk claims SpaceX will continue subsidizing Starlink in Ukraine “for free” even though the service is still losing money; SpaceX receives government funds  —  - Elon Musk said in a tweet Saturday that his company SpaceX would continue to fund Starlink satellite internet terminals …
Cameron Faulkner / The Verge:
Razer unveils Edge, its gaming handheld with Android 12, a 6.8" 144Hz screen, and Qualcomm's G3x Gen 1 chipset, available for $400 in January 2023 with Wi-Fi 6E  —  Razer is finally showing off the Edge, its portable Android gaming handheld.  Good news: it looks a lot better than the last time we saw it in December 2021.
Drew Harwell / Washington Post:
A look at TikTok's rise, as US viewers spend longer in the video app than Facebook and Instagram combined, and ongoing issues with its Chinese ownership  —  The world's most popular app has pioneered a new age of instant attention.  Can we trust it?  —  On the night Shelby Renae …

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