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November 16, 2022, 2:30 PM
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| Washington Post: |
Elon Musk emails Twitter employees an ultimatum: commit to a new “hardcore” Twitter by 5pm ET on November 17 or leave with three months severance — It comes as Musk's first major feature, Twitter Blue Verified, was halted while the company probes issues that arose from its launch.
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Tweets: @gergelyorosz, @donie, @zoeschiffer, @paulg, @hopelesssurfer, @adamndsmith, @gergelyorosz, @zoeschiffer, @paulg, @katies, @mnateshyamalan, @sawyermerritt, @kfury, @faizsays, @spencerrascoff, @hamiltonnolan, @ditzkoff, @stevestreza, @markaschparody, @gergelyorosz, @can, @tante, @kurtwagner8, @migueldeicaza, @zsk, @moorehn, @joshscherr, @whiteroseafa, @mileskahn, @martinsfp, @jortsthecat, @emilygorcenski, @oliviasolon, @rossmccaff, @rottenindenmark, @riptari, @shiraovide, and @gergelyorosz
| Casey Newton / @caseynewton: |
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New York Times, Platformer, and iPhone in Canada Blog
| Reuters: |
A look at FTX and Alameda's financials, including showing investors balance sheets with some of the same assets, despite claiming they operated independently — As customers withdrew billions of dollars from crypto exchange FTX one frantic Sunday this month, founder Sam Bankman-Fried worked …
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Semafor, Bloomberg, Reuters, PYMNTS.com, Gizmodo, Bloomberg, Protocol, Inside Bitcoins, CoinDesk, Crypto Banter on YouTube, The Block, Gizmodo, crypto.news, and Bitcoinist.com
Tweets: @sbf_ftx, @sbf_ftx, @mims, @sbf_ftx, @matthuang, @sbf_ftx, @sbf_ftx, @mrcustomsuit, @sbf_ftx, @sbf_ftx, @statelayer, @zhusu, @cryptovinco, @semaforben, @ldelevingne, @matthewstoller, @ft__trading, @cz_binance, @statelayer, @rewkang, @andr3w, @epsilontheory, @farokh, @neontaster, @adamscochran, @koroushak, @austen, @0xdoug, @silvermanjacob, @fintwit_news, @mrchrisellis, @rwpusa, @paleofuture, @altcoinpsycho, @adamscochran, @autismcapital, @bitfalls, @runemirqi, @matthuang, @firstadopter, @ldelevingne, @zerohedge, @valueterminal, @adamscochran, @tree_of_alpha, @jason_howerton, @219_eth, @investmentshulk, @pdacosta, @harrygrobertson, @ashleevance, @rager, @gbrl_dick, @prestonjbyrne, @punk6529, @elisamartinuzzi, @andrewtghill, and @bitboy_crypto
| Wall Street Journal: |
Former employees detail the chaos after FTX's collapse: mass resignations, learning news from Twitter and the media, equity compensation evaporating, and more — Many say they learned of crypto exchange's deteriorating situation through media and lost access to their funds — How FTX Went Bankrupt: What Went Wrong
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Bloomberg, New York Post, crypto.news, and CryptoPotato
Tweets: @technology, @epro, @ceostroff, @mccarthyryanj, @tomgara, @velocitywong, @davidkeo, @niubi, @mattzeitlin, @tomgara, @aosipovich, and @daviduberti
| Milky Eggs: |
Everything we know about FTX's collapse: losses likely exceed $15B, trades became increasingly risky, SBF was erratic, rash, and relied on stimulants, and more — If you want to read a poorly researched fluff piece about Sam Bankman-Fried, feel free to go to the New York Times (PDF).
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Astral Codex Ten, New York Post, Bloomberg, and Cryptonews
| Sidhartha Shukla / Bloomberg: |
A wallet tied to the FTX hack swapped ~$49M of stablecoins for ether on November 15, increasing its haul to 228,523 ETH, or the 35th largest stash of the coin — The hacker who raided Sam Bankman-Fried's collapsed crypto exchange FTX is now one of the world's biggest holders of the token Ether.| Nelson Wang / CoinDesk: |
Genesis' crypto lending unit, which had $2.8B in Q3 2022 active loans, halts redemptions and new loan originations; trading and custody services are unaffected — The unit, known as Genesis Global Capital, serves an institutional client base and had $2.8 billion in total active loans as of the end of the third quarter of 2022.
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Gemini, CoinDesk, CoinDesk, Livemint, Fortune, Decrypt, Protos, Blockworks, The Block, tether.to, Bloomberg, newyorkfed.org, The Verge, TheStreet, The Block, The Information, crypto.news, CryptoSlate, CNBC, Wall Street Journal, CoinGape, Quartz, Crypto Briefing, Financial Times, Wccftech, and Bitcoinist.com
Tweets: @genesistrading, @gemini, @autismcapital, @dcgco, @fintechfrank, @grayscale, @pentosh1, @tree_of_alpha, @lawmaster, @gemini, @hodlwithledn, @grayscale, @dcgco, @dcgco, @tether_to, @adamscochran, @jordanschachtel, @jack_raines, @gurgavin, @adamscochran, @nneuman, @nouriel, @hodlonaut, @autismcapital, @adamscochran, @tree_of_alpha, @cryptocevo, @moonoverlord, @mdudas, @mrjasonchoi, @cobie, @seyitaylor, @mayhem4markets, @blockanalia, @ercwl, @zguz, @satoshiflipper, @prestonjbyrne, @adamscochran, @nexo, @functi0nzer0, @tree_of_alpha, @dylanleclair_, @gainzy222, @hsakatrades, and @blockanalia
| Oliver Knight / CoinDesk: |
An independent audit shows the Luna Foundation Guard spent $2.8B in crypto and Terraform Labs spent $613M trying to defend the UST stablecoin in May 2022 — Terraform Labs founder Do Kwon dismissed similarities with the collapse of FTX. — Luna Foundation Guard (LFG) …
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Terra, JS Held, Cointelegraph, Protos, ZyCrypto, Cryptopolitan, Crypto Briefing, CryptoPotato, and The Block
Tweets: @lfg_org, @punk9059, @riddle245, and @traderrocko
| Stephanie Condon / ZDNet: |
Nvidia and Microsoft plan to build an AI supercomputer in the cloud, making Azure the first public cloud to incorporate Nvidia's full AI stack — Nvidia and Microsoft announced Wednesday a multi-year collaboration to build an AI supercomputer in the cloud, adding tens of thousands of Nvidia GPUs to Microsoft Azure.
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Nvidia Newsroom, Reuters, SiliconANGLE, CNET, Thurrott, TechCrunch, Seeking Alpha, BigTechWire, and Petri IT Knowledgebase. Tweets: @kylebrussell
| CNBC: |
Despite Crypto.com CEO Kris Marszalek's assurances, customers worry about the exchange's solvency; Crypto.com's CRO token has fallen nearly 40% in the past week — - Crypto.com CEO Kris Marszalek has taken to Twitter, YouTube and the airwaves to try to reassure customers that their deposits …
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TheStreet. Tweets: @cz_binance, @kris, @kris, @martiniguyyt, @pentosh1, @bitboy_crypto, @kenziesigalos, @adamscochran, @jeffnolan, @evgenygaevoy, @matthew_pines, @jordannovet, @smtuffy, @cnbc, @dylanleclair_, @altcoindailyio, and @wickdnft
| Jess Weatherbed / The Verge: |
DuckDuckGo launches App Tracking Protection in public beta on Android, helping block third-party trackers within apps — DuckDuckGo's App Tracking Protection is now available for public beta testing on all Android devices after launching in a limited beta almost one year ago.
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Spread Privacy, BleepingComputer, Ars Technica, 9to5Google, Thurrott, IT Management, Liliputing, and CNET
| Jay Peters / The Verge: |
Elon Musk says the new Twitter Blue will relaunch on November 29 “to make sure that it is rock solid”, after pausing signups due to many fake verified accounts — Elon Musk says the new Twitter Blue, which lets you pay $7.99 per month for a blue verification check mark next to your name, will relaunch on November 29th.
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MobileSyrup, The Hill, Android Headlines, Pocket-lint, and KnowTechie
Tweets: @elonmusk, @elonmusk, @drownedinsound, @enichan, and @kittypurrzog
| Colin Wilhelm / The Block: |
The House Financial Services Committee plans a hearing on FTX's collapse in December and invites Sam Bankman-Fried and other executives — - The House Financial Services Committee will hold a hearing on FTX in December. — In a joint statement announcing the hearing, current Chair Maxine Waters …
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U.S. House Committee …, PYMNTS.com, CNBC, Reuters, Decrypt, The Hill, CoinDesk, Financial Services Committee, Fox Business, Wall Street Journal, CoinJournal, Crowdfund Insider, Cointelegraph, and Washington Post
Tweets: @jakesherman, @fscdems, @mikemadden, @stephanie_murr, @brendanpedersen, @repyoungkim, @carlquintanilla, and @cryptolawus
| Jess Weatherbed / The Verge: |
DoorDash expands its SafeDash in-app security toolkit, adding an automated SafeChat tool, improved safety reporting, real-time alerts, and porch light reminders — DoorDash has expanded its safety toolkit, rolling out new features that will automatically check in with delivery workers … | Mike Truppa / The Block: |
Matter Labs, which develops the Ethereum scaling protocol zkSync, raised a $200M Series C led by Blockchain Capital and Dragonfly, bringing its funding to $458M — - Matter Labs has raised $200 million in a Series C round led by Blockchain Capital and Dragonfly.
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Matter Labs, Decrypt, SiliconANGLE, TechCrunch, CoinDesk, Cointelegraph, and Fortune
| Mark Gurman / Bloomberg: |
Internal meeting: Tim Cook told German engineering and retail staff that Apple plans to start sourcing chips from a plant under construction in Arizona in 2024 — Apple Inc. is preparing to begin sourcing chips for its devices from a plant under construction in Arizona … | Mia Sato / The Verge: |
Linktree announces Payment Lock, which lets creators on its paid plans add a paywall and charge up to $150 for access to premium content, using PayPal or Square — Linktree, a popular tool used to link out to additional social channels and websites, is adding a way for users to monetize the content they share on their page.| Claire Woodcock / VICE: |
Some public libraries in the US and Canada are using open-source software MUSICat to offer their own music streaming services and boost their local music scenes — It's not Spotify, but some cities now host music platforms with their own local flavor. — Claire Woodcock| Max Chafkin / Bloomberg: |
A look at Alphabet X's Mineral project to build unmanned rovers with sensors and cameras for collecting data that helps agricultural companies improve yields — When Deb Menicos walks a strawberry field, she doesn't just look at the berries. Menicos, who holds a Ph.D. in plant breeding …
Tweets: @theteamatx, @chafkin, @rpethe, and @business
| Politico: |
German, French, and Norwegian data authorities warn against Qatar's World Cup app Hayya and infection-tracking app Ehteraz, citing privacy and security concerns — Two World Cup apps pose serious privacy and security risks, European privacy regulators say.| Nikhil Patwardhan / Moneycontrol: |
Simplilearn, which offers upskilling courses, bootcamps, and certifications, raised $45M led by GSV Ventures; Blackstone acquired a $250M majority stake in 2021 — The higher learning edtech platform will use the funds to boost its growth plans in India and international markets| Will Feuer / Wall Street Journal: |
Citing a weakened market, Micron says wafer production for DRAM and NAND memory chips will be down about 20% over the past quarter; Micron's stock falls 5%+ — Company cites market conditions for softening demand — Micron MU -5.04%decrease; red down pointing triangle Technology Inc …
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Tom's Hardware, Bloomberg, TrendForce, Blocks and Files, Reuters, and Micron Technology, Inc.
Tweets: @jeffnolan and @carlquintanilla
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