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November 9, 2022, 1:10 AM
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Mediagazer
memeorandum
WeSmirchTop News
| Changpeng Zhao / @cz_binance: |
Binance CEO Changpeng Zhao says the company signed a non-binding letter of intent to acquire FTX.com and help cover its liquidity crunch, pending due diligence — This afternoon, FTX asked for our help. There is a significant liquidity crunch. To protect users, we signed a non-binding LOI, intending to fully acquire FTX.com and help cover the liquidity crunch. We will be conducting a full DD in the coming days.
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Semafor, CoinDesk, New York Times, coinbase.com, Financial Times, Bloomberg, The Block, Ed Zitron's Where's Your Ed At, Decrypt, The Block, Wall Street Journal, The Economic Times, CNBC, Inside Bitcoins, Forbes, Forkast, CoinGape, Cryptonews, Fintech Wrap Up, Pandaily, Tech in Asia, Cointelegraph, TechCrunch, Bitcoin News, BetaKit, Watcher Guru, ZyCrypto, Neowin, The Information, CryptoSlate, Mashable, NewsBTC, Blockworks, Coinpedia Fintech News, CryptoGlobe, Fortune, and Ethereum World News
Tweets: @sbf_ftx, @cz_binance, @shaanvp, @cz_binance, @sbf_ftx, @ericnewcomer, @sbf_ftx, @thestalwart, @sbf_ftx, @wassielawyer, @fintwit_news, @danprimack, @lizrhoffman, @arthur_0x, @sbf_ftx, @robinwigg, @ftx_official, @chrisfralic, @hsakatrades, @danprimack, @sbf_ftx, @lizrhoffman, @tuurdemeester, @robinwigg, @technology, @carnage4life, @hodlkryptonite, @cryptohayes, @lizrhoffman, @algodtrading, @spreekaway, @marketsmeowmeow, @hodlkryptonite, @cobie, @cobie, @patrickmcgee_, @tier10k, @autismcapital, @evan_lorenz, @stackhodler, @elliotrades, @asvanevik, @cryptoharry_, @bondhack, @coffeebreak_yt, @odell, @lex_node, @stoolpresidente, @matthewstoller, @bongcapital, @biancoresearch, @arpitrage, @matthewstoller, @peter_tl, @fintechfrank, @byzgeneral, @paul_griffiths, @shaanvp, @buccocapital, @cobie, @tomgara, @tracyalloway, @iamdcinvestor, @cryptodonalt, @tensaicapital, @cz_binance, @nope_its_lily, @219_eth, @jaypinho, @thinkingusd, @alistairmilne, @tylercowen, @claritytoast, @johnedeaton1, @lessin, @crypto_bitlord7, @nkulw, @mayazi, @adamscochran, @pitdesi, @erickschonfeld, @cz_binance, @ericnewcomer, @fiskantes, @jvillalobos, @abetrade, @dogetoshi, @zerohedge, @to, @aeyakovenko, @silvermanjacob, @thestalwart, @lhm1, @evgenygaevoy, @0xopaque, @ericnewcomer, @hsakatrades, @dylanleclair_, @buccocapital, @saylor, and @haralabob
| Tanaya Macheel / CNBC: |
Coin Metrics: on November 8, bitcoin fell 12.6% to $18,203 and briefly hit $17,300.80, its lowest level since November 2020; ether dropped 18.2% to $1,311.50 — FTX token plunges as Binance steps in to buy the crypto exchange's non-U.S. unit: CNBC Crypto World| Angus Berwick / Reuters: |
In a message to staff, FTX CEO Sam Bankman-Fried says withdrawals on FTX.com are “effectively paused” after FTX saw ~$6B of net withdrawals in 72 hours — Crypto exchange FTX saw around $6 billion of withdrawals in the 72 hours before Tuesday morning, according to a message …
More:
CoinDesk, CNBC, The Block, Malt Liquidity, and TechCrunch
| Daniel Kuhn / CoinDesk: |
How Binance exacerbated a bank run on FTX before offering to acquire the company, and why the potential deal represents a meteoric fall for Sam Bankman-Fried — Binance, after exacerbating a bank run on rival crypto exchange FTX, offered to buy out the jewel in SBF's crown. — By Daniel KuhnLayer 2
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Bloomberg, The Information, BBC, CryptoSlate, Inside Bitcoins, Fortune, xuanling11's Free Newsletter, Blockworks, Wccftech, NewsBTC, CoinGape, Watcher Guru, and Observer
Tweets: @lucasnuzzi and @silvermanjacob
| Matt Levine / Bloomberg: |
Questions about FTX's “liquidity crunch” and Binance's offer to buy the smaller exchange, likely for a fraction of its valuation of tens of billions of dollars — CZ vs. SBF — I kind of can't believe this worked? Here are Bloomberg's Philip Lagerkranser and Joanna Ossinger this morning:
More:
TechCrunch, Cointelegraph, AMC Theatres, Insider, Ars Technica, and CryptoSlate
Tweets: @davidsacks and @jordanuhl
| Sam Reynolds / CoinDesk: |
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BitDAO, Reuters, Bloomberg, CoinGape, Politico, TheStreet, NBC News, and Blockworks
Tweets: @cz_binance, @benbybit, @starokg, @carolinecapital, @cryptomanran, @vetlelunde, @alex_valaitis, @sbf_ftx, @lookonchain, @milesdeutscher, @claritytoast, @wublockchain, @cz_binance, @asvanevik, @dogetoshi, @sheldon_sniper, @wublockchain, @garyblack00, @inmortalcrypto, @cumberlandsays, @mayazi, @alex, @clara_medalie, and @runnerxbt
| Jay Peters / The Verge: |
Twitter plans to label select accounts “Official” when the new Blue launches; not all previously verified accounts will get the label, which won't be for sale — Twitter is rolling out another type of check mark to help distinguish accounts that users actually need to know are real.
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The Verge, Techdirt, Associated Press, Mashable, IGN, Mercury News, Neowin, Livemint, CNN, Pixel Envy, BGR India, The Guardian, New York Post, Android Central, Engadget, XDA Developers, CNBC, CNET, iPhone in Canada Blog, Digital Trends, and Comic Book
Tweets: @esthercrawford, @esthercrawford, @esthercrawford, @yoyoel, @caseynewton, @carnage4life, @tcarmody, @kristoforlawson, @moorehn, @parkermolloy, @docdre, @mistresssnowphd, @0kbps, @zoeschiffer, @dcseifert, @ow, @stevebartlettsc, @acedtect, @ozkaterji, @hunterwalk, @oalexanderdk, and @taylorlorenz
| Wall Street Journal: |
Sources: Mark Zuckerberg told Meta staff that layoffs begin on November 9, he is accountable for missteps, and his overoptimism about growth led to overstaffing — Meta Platforms Inc. will begin laying off employees on Wednesday morning, Chief Executive Mark Zuckerberg told hundreds of executives on Tuesday.| Thomas Germain / Gizmodo: |
Research suggests Apple collects data about iPhone usage even when the iPhone Analytics setting to “disable the sharing of Device Analytics altogether” is off — For all of Apple's talk about how private your iPhone is, the company vacuums up a lot of data about you. iPhones …
More:
Mysk on YouTube, The Mac Observer, and Gizchina
| Stephanie Bodoni / Bloomberg: |
The European Commission opens an in-depth investigation into Microsoft's proposed $69B Activision Blizzard acquisition and sets a March 23 decision deadline — Microsoft Corp.'s proposed $69 billion takeover of games developer Activision Blizzard Inc. faces an in-depth European Union probe …
More:
European Commission, The Verge, Reuters, Washington Post, MSPoweruser, The Jacob Wolf Report, TechCrunch, BigTechWire, FOSS Patents, Game Rant, SlashGear, and CNN
Tweets: @tomwarren and @charlieintel
| Lauren Forristal / TechCrunch: |
Disney hit 235.7M global streaming subscribers in its Q4, above Netflix's 223.1M in its Q3; Disney+ had 164.2M subscribers, Hulu had 47.2M, and ESPN+ had 24.3M — Disney reported results for the final quarter of its 2022 fiscal year today, revealing a total of 164.2 million Disney+ global subscribers … | James Batchelor / GamesIndustry.biz: |
Nintendo announces a new joint venture, called Nintendo Systems, with DeNA, which co-developed several Nintendo titles for mobile, including Fire Emblem Heroes — New subsidiary will open in April 2023, focusing on research and development to improve Nintendo's digital business — At a glance
More:
Pocket-lint, Video Games Chronicle, The Verge, Game Developer, Nintendo Corporation, GoNintendo, AppleInsider, iPhone in Canada Blog, GoNintendo, GameSpot, GamingBolt, and Appuals.com. Tweets: @gibiz
| Takashi Mochizuki / Bloomberg: |
More:
Nintendo Investor Relations, GoNintendo, Luke Miani on YouTube, and Reuters
Tweets: @6d6f636869, @6d6f636869, and @andresegers
| Umar Shakir / The Verge: |
Zoom releases Mail and Calendar clients in beta as part of its Zoom One interface, announces an AI-powered Zoom Virtual Agent chatbot coming in 2023, and more — Available as a beta release, the Outlook-like Mail and Calendar will slot neatly into the company's new unified Zoom …
More:
Zoom Blog, Zoom Blog, The Register, Rabbit Hole, Engadget, PCWorld, BGR, BigTechWire, and PYMNTS.com
Tweets: @zoom and @newsynick
| Lawrence Abrams / BleepingComputer: |
Microsoft releases 68 security fixes, including patches for six actively exploited Windows zero-day flaws and 11 vulnerabilities classified as Critical — Today is Microsoft's November 2022 Patch Tuesday, and with it comes fixes for six actively exploited Windows vulnerabilities and a total of 68 flaws.| Jon Keegan / The Markup: |
A look at data brokers selling “comprehensive” profiles of potential voters to campaigns, including phone geolocation data gleaned from real-time auctions — Before you got in line on Election Day, the emerging and largely unregulated political tracking industry was able to trace your movements| Ingrid Lunden / TechCrunch: |
NYC-based Laika, which offers companies an automated security compliance service, raised a $50M Series C led by Fin Capital, bringing its total funding to $98M — Compliance with privacy and security frameworks like SOC 2, HIPAA and GDPR has become a central component not just of how … | Sydney Morning Herald: |
Medibank, Australia's top health insurer, confirms a ransomware group has begun posting some stolen data of its 9.7M customers on a REvil-linked dark web forum — Normal text sizeLarger text sizeVery large text size — A ransomware group has begun posting customer data stolen …
More:
Associated Press, The Guardian, The Age, ABC, Dow Jones Newswires, 9News, Tech Xplore, and Bloomberg. Tweets: @medibank
| Kollen Post / The Block: |
The US Treasury's Office of Foreign Asset Control adds a designation to Tornado Cash that ties the crypto mixer to North Korea's nuclear weapons program — - The Treasury has re-designated Tornado Cash, tying the decentralized crypto mixer to North Korea's nuclear weapons program.Sponsor Posts
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