Techmeme
November 13, 2022, 3:09 AM

Top News

CoinDesk:
FTX claims the company was hacked, telling users to delete FTX apps, not install app updates, and not to visit FTX.com, after $600M+ in crypto left its wallets  —  FTX officials appeared to confirm rumors of a hack on Telegram, instructing users to delete FTX apps and avoid its website.
More: CoinDesk, CryptoSlate, Financial Times, Fortune, Financial Times, Wall Street Journal, Stephen Diehl, Bloomberg, CoinDesk, Security Affairs, Elliptic Connect, New York Times, TechCrunch, Bloomberg, Gizmodo, Reuters, The Hill, CNBC, Watcher Guru, Bitcoin News, New York Post, CNBC, Engadget, SlashGear, Cryptopolitan, Washington Post, CoinGape, The Verge, Axios, Financial Times, and The Block
Tweets: @_ryne_miller, @c7five, @jump_, @elonmusk, @0xfoobar, @concodanomics, @zachxbt, @elonmusk, @stephen_geiger, @willmacaskill, @meghankreynolds, @bgurley, @zachxbt, @devchart, @autismcapital, @0xtre, @zachxbt, @spreekaway, @dogetoshi, @mudit__gupta, @edzitron, @phil_lewis_, @wublockchain, @milkroaddaily, @vitalikbuterin, @grdecter, @robdenbleyker, @cryptoub, @dsquareddigest, @edvis100, @im_goomba, @kuroxlb, @autismcapital, @0xfoobar, @lookonchain, @jchervinsky, @0xfoobar, @edzitron, @cz_binance, @scupytrooples, @gordongoner, @autismcapital, @wallstreetsilv, @ki_young_ju, @marionawfal, @0xfoobar, @zachxbt, @coinbureau, @cd_hooks, @profjeffjarviss, @grady_booch, @grdecter, @caseynewton, @jordanschachtel, @carnage4life, @gergelyorosz, @mattballen4791, @mathewi, @joshtpm, @fintechfrank, @ashleevance, @levie, @travisyost, @wublockchain, @route2fi, @alexhern, @justinbennettfx, @cloud_opinion, @carnage4life, @rmac18, @davidmweissman, @cgasparino, @autismcapital, @teroterotero, @asanwal, @hunterwalk, @zachweinberg, @davidgokhshtein, @dollarsanddata, @ericjackson, @menlobear, @cryptodonalt, @gergelyorosz, @jason, @rmac18, @milesjennings, @modestproposal1, @matthew_d_green, @profjeffjarviss, @erikvoorhees, @levie, @7im, @buccocapital, @harryh, @ericliptonnyt, @weldpond, @nekoztek, @conejocapital, @bantg, @marionawfal, @dylanleclair_, @dmitryopines, @iamdcinvestor, @functi0nzer0, @adamscochran, @mhonkasalo, @autismcapital, @noahpinion, @adamscochran, @219_eth, @cryptovinco, @0xwave, @tradermayne, @crypto_chase, @adamscochran, @iamnoahmiller, @themlpx, @tradermayne, @thedata_nerd, @219_eth, @abu9ala7, @tradermayne, @0xfbifemboy, @davidfbailey, @octal, @whale_alert, @valueandtime, @sassal0x, @josephpolitano, @jillrgunter, @asvanevik, @srpeterseth, @coinmamba, @msuiche, @ryansadams, @mrjasonchoi, @route2fi, @jonwu_, @minigrogu, @enjoyoor, @camirusso, @qtrresearch, @altcoinpsycho, @sobylife, @the_delysium, @punk6529, @0xquit, @nycsouthpaw, @titanxbt, @dannydiekroeger, @wassielawyer, @0xradar, @azidynamics, @titanxbt, @marionawfal, @gurgavin, @tittyrespecter, @statelayer, @arkhamintel, @beastlyorion, @loopifyyy, @jasonfurman, @altcoindailyio, @drericding, @loopifyyy, @peckshieldalert, @icebergy_, @degenspartan, @arthur_0x, @zachxbt, @tree_of_alpha, @219_eth, @generativist, @cryptokaleo, @statelayer, @robustus, @dtrain22k, @richerd, @rnr_0, @mhonkasalo, @investmentshulk, @peckshieldalert, @sassal0x, @marionawfal, @richerd, @lawmaster, @lefterisjp, @tree_of_alpha, @punk6529, @wublockchain, @stunlikes, @salsatekila, @gordongoner, @hsakatrades, @zackvoell, @jeffjohnroberts, @edzitron, @0xfoobar, @cryptotony__, @captaindefi2, @bitboy_crypto, @tszzl, @leonidasnft, @tradermayne, @magicaltux, @tree_of_alpha, @altcoinpsycho, @altcoinpsycho, @litcapital, @kdenkss, @sheldonevans, @davidinglestv, @parikpatelcfa, @quant_network, @tayvano_, @hsakatrades, @watcherguru, @rmac18, @raypaxful, @cointelegraph, @coindesk, @altcoindailyio, and @harrymccracken
Financial Times:
FTX's balance sheet shows $900M in liquid assets the day before bankruptcy, including $470M in Robinhood shares owned by an SBF entity not in bankruptcy filings  —  Vast gap highlights the dire state of Sam Bankman-Fried's exchange before it collapsed into bankruptcy
Bradley Saacks / Semafor:
Sources: Sam Bankman-Fried and most of his inner circle are still in the Bahamas but many senior FTX employees left for Hong Kong and elsewhere in recent days  —  Nassau, Bahamas — Many of the dozens of senior employees who work at FTX in the Bahamas, where the embattled crypto exchange is headquartered …
Wall Street Journal:
Sources: Alameda Research CEO Caroline Ellison told staff on November 9 that she, SBF, and two FTX executives knew that FTX lent its customers' money to Alameda  —  Trading firm Alameda's troubles helped lead to the bankruptcy of crypto exchange FTX  —  Alameda Research's chief executive …
Nikhilesh De / CoinDesk:
The Securities Commission of the Bahamas says it didn't order FTX to reopen withdrawals for Bahamas-based customers, refuting FTX's statement  —  FTX said last week it had allowed Bahamas-based customers to withdraw funds at its regulators' request.  —  Crypto exchange FTX was not required …
Angus Berwick / Reuters:
Sources: spreadsheets Sam Bankman-Fried showed to FTX's regulatory and legal teams reveal $1B-$2B of client funds moved from FTX to Alameda are unaccounted for  —  At least $1 billion of customer funds have vanished from collapsed crypto exchange FTX, according to two people familiar with the matter.
Shaurya Malwa / CoinDesk:
FTX US General Counsel says the exchange expedited moving its remaining funds to cold wallets “to mitigate damage upon observing unauthorized transactions”  —  Millions of dollars started to mysteriously move from FTX late Friday U.S. hours.  —  FTX US General Counsel Ryne Miller …
Molly White / Web3 is going just great:
Crypto.com CEO admits the company accidentally sent 320K ETH, or ~$416M, to another crypto exchange, Gate.io, later clarifying that all the funds were returned  —  A Twitter user posted Etherscan screenshots showing a massive flow of crypto from the Crypto.com cryptocurrency exchange to another exchange, Gate.io.
Ina Fried / Axios:
Sources: Twitter starts cutting an unspecified number of contractors in various fields, including content moderation, real estate, marketing, and others  —  After laying off half its staff earlier this month, Twitter on Saturday started culling its vast ranks of contract staff, sources confirmed to Axios.
Aisha Malik / TechCrunch:
YouTube is introducing a new “Live Q&A” feature to make it easier for creators to select and manage questions from viewers in the chat during livestreams  —  YouTube is introducing a new “Live Q&A” feature that is designed to make it easier for creators to interact with viewers during livestreams.

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