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November 21, 2022, 1:10 PM
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WeSmirchTop News
| Stephanie Murray / The Block: |
DCG's Grayscale refuses to share proof of reserves, citing “security concerns”, as Grayscale Bitcoin Trust reaches new lows and DCG's Genesis halts withdrawals — Grayscale will not show proof of reserves due to “security concerns,” after its bitcoin and ether products fell to all-time lows this week.
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Grayscale, Coinbase, Web3 is going just great, CoinDesk, CNBC, Ethereum World News, Bitcoinist.com, CryptoSlate, Daring Fireball, Wccftech, Crypto Daily, CoinGape, Coinpedia Fintech News, Cryptopolitan, Cryptonews, Forkast, The Daily Hodl, and WTF happened in bitcoin …
Tweets: @grayscale, @grayscale, @ergobtc, @ap_archpublic, @grayscale, @twobitidiot, @freemrktcptlst, @silvermanjacob, @btc_charlie, @nategeraci, @chainlinkgod, @twobitidiot, @bradmillscan, @real_vijay, @ldrogen, @doveywan, @thecryptolark, @hodlkryptonite, @sobylife, @joshbobrowsky, @jordanschachtel, @dylanleclair_, @alphaketchum, @wublockchain, @adamscochran, @twobitidiot, @mtrl_scientist, @jordanschachtel, @ergobtc, @hodlkryptonite, @zhusu, @rewkang, @gurgavin, @ap_archpublic, @stockgeektv, @mayazi, @dylanleclair_, @ap_archpublic, @btc_archive, @miyuki__eto, @kimdotcom, @devchart, @hodlkryptonite, @endorsen, @coffeebreak_yt, @patregnier, @autismcapital, @smtuffy, @hodlkryptonite, @davidbelle_, @twobitidiot, @jseyff, @poordart, @bradmillscan, @0xfoobar, @apedurden, @0xfoobar, @julianhosp, @tradinglatino, @odell, @newsasset, and @byzgeneral
| Sunil Jagtiani / Bloomberg: |
Crypto prices sink, with bitcoin dropping ~4% to ~$16.1K and ether ~7% to ~$1.1K, dragged down by the FTX saga, hacker offloading ether, and potential contagion — Cryptocurrency prices struggled Monday in the ongoing crisis sparked by the downfall of Sam Bankman-Fried's once powerful FTX empire.
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CNBC, Barron's Online, CoinDesk, CNBC, Cryptonews, Bitcoinist.com, Coinspeaker, CoinDesk, The Block, Decrypt, CoinGape, NewsBTC, The Block, Forkast, Crypto Adventure, and Cryptopolitan
Tweets: @paulg, @vitalikbuterin, @arkhamintel, @thestalwart, @pmarca, @patrikakis, @lookonchain, @allnick, @leadlagreport, @peckshieldalert, @peckshieldalert, @coinmamba, @mcopelov, @pollo2x, @tree_of_alpha, @amasad, @fatmanterra, @sassal0x, @markets, @cburniske, @macnbtc, @blockgraze, @carnage4life, @umbrella_uni, @thestalwart, @btc_jacksparrow, and @peckshieldalert
| Ryan Lovelace / Washington Times: |
Twitter reinstates the accounts of Ye, Project Veritas, and others, despite Musk's pledge to delay such decisions until forming a content moderation council — Several banned Twitter users are making their return to the social media platform, following new owner Elon Musk clearing a path …
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The Hill, The Forbidden Texts, Reclaim The Net, NBC News, CNBC, NBC Bay Area, CoinGape, and Livemint
Tweets: @elonmusk, @kanyewest, @elonmusk, @project_veritas, @mollyjongfast, @juddapatow, and @mattgertz
| Matt Novak / Gizmodo: |
In a tweet reply, Elon Musk says Alex Jones will not be unbanned as he has “no mercy for anyone who would use the deaths of children for gain, politics or fame” — Keeping the Sandy Hook conspiracy theorist off Twitter is personal for Musk. — Alerts| Mark Niquette / Bloomberg: |
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Bloomberg, Techdirt, KnowTechie, TIME, CNBC, New York Times, New York Post, MUO, The Shortcut, International Business Times, The Daily Beast, MacDailyNews, Bloomberg, Fortune, The Hill, Barron's Online, PCMag, Semafor, BBC, Deadline, Reuters, and Newser
| Alex Weprin / The Hollywood Reporter: |
The Walt Disney Company's board announces Bob Chapek will step down as CEO and be replaced by Bob Iger for two years effective immediately; stock jumps 5%+ — Disney's board of directors announced the move Sunday evening.
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Wall Street Journal, The Walt Disney Company, TechCrunch, CNBC, Deadline, Insider, Bloomberg, Bloomberg, New York Post, CNN, crypto.news, Financial Times, Insider, The Wrap, CNBC, The Wrap, Coinspeaker, The Guardian, Variety, Engadget, Transistori, Dexerto, Reuters, The Hill, Fortune, iPhone in Canada Blog, The Information, GameSpot, Gizmodo, BGR, and Fossbytes
Tweets: @jacobrubashkin, @bchesky, @reedhastings, @joannastern, @carnage4life, @panzer, @dkthomp, @rickporter, @caseynewton, @gtwscar, @levie, @dkthomp, @sdkstl, @sub8u, @farhip, @gritgrowthcap, @thr, @kimmasters, @deadlinedominic, @karaswisher, @carnage4life, @benfritz, @scottgustin, @lucas_shaw, @mdudas, @davejorgenson, @big_business_, @scottgustin, @jeff_delgado, @bchesky, @bdsams, @reckless, @stevekopack, @modestproposal1, @karaswisher, @eugenewei, @jbflint, and @thatrebecca
| Alexa Corse / Wall Street Journal: |
Elon Musk's Twitter starts the FIFA World Cup, traditionally one of the platform's busiest periods, with a depleted staff, potentially leading to serious issues — Employees have been working for weeks to prepare for the soccer extravaganza, a Twitter executive says
More:
The Guardian, The Guardian, Game Rant, Washington Post, Digital Trends, Android Police, and Deadline
Tweets: @elonmusk, @elonmusk, @zoeschiffer, @rmac18, @marinahyde, @stokeyyg2, @lolacoaster, @elonmusk, @siddarthpaim, and @carnage4life
| Bloomberg: |
Mass tech layoffs leave hundreds of H-1B visa holders scrambling for new jobs to stay in the US; Amazon, Meta, and others sponsored 45K+ in the last three years — Mass tech layoffs have left hundreds of workers living in the US on temporary visas with little time to find another job, or they'll have to leave the country.
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The Information and Noahpinion
| Washington Post: |
US government officials worry over Twitter's potential demise, arguing the platform is one of the most effective emergency communication tools — LOS ANGELES — Kate Hutton was watching a Dodgers game one Friday night when she saw something strange in the outfield: The foul poles swayed, her TV feed trembled.
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Gizmodo, Associated Press, and Contrarian Boston
Tweets: @bri_sacks, @akinunver, @augensteinwtop, @mollytaft, and @calimapnerd
| David Yaffe-Bellany / New York Times: |
A look at Gary Gensler's plan to regulate most crypto as securities and questions over the SEC's handling of FTX, which met the regulator before its implosion — Gary Gensler, the chair of the S.E.C., is at the center of a reckoning over the future of cryptocurrency after the implosion of FTX.
More:
Politico. Tweets: @digitalassetbuy, @sentosumosaba, @brucefenton, @cultexpert, @johnedeaton1, @johnedeaton1, @scottmelker, and @jeffjohnroberts
| Hannah Murphy / Financial Times: |
An interview with Brian Armstrong on crypto and economic freedom, Coinbase's “no politics in the workplace” policy, the crypto downturn, regulation, and more — Ahead of my lunch with crypto exchange chief Brian Armstrong, his team tell me they had tried to find a decent restaurant …
More:
Protos, CoinJournal, and Life in the 21st Century
Tweets: @pt, @joshspero, @mshannahmurphy, @petersgoodman, @adamsinger, @adamlashinsky, @kylebrussell, @johnthornhillft, and @henryfarrell
| Paul Sawers / TechCrunch: |
The UK's CMA plans to investigation Broadcom's proposed $61B VMware acquisition, following similar investigations by the European Commission and FTC — The U.K.'s Competition and Markets Authority (CMA) has initiated a so-called “phase 1” investigation into Broadcom's proposed $61 billion deal …
More:
GOV.UK, Network World, Tech Monitor, and Reuters
| New York Times: |
Online sports betting companies are cutting big deals with US colleges to promote gambling to students, like Caesars Sportsbook's $8.4M deal with Michigan State — In order to reap millions of dollars in fees, universities are partnering with betting companies to introduce their students and sports fans to online gambling.
More:
Legal Sports Report. Tweets: @nytimes, @mattzeitlin, @arpitrage, @kenvogel, @carnage4life, @mattbrownep, @julibriskman, @timothypmurphy, @jeffjohnroberts, @nkulw, @_zeets, @jbarro, @austen, @reignofapril, @rtmannjr, @davidenrich, @jonbernhardt, @savan_kotecha, @michaelrwear, @davidenrich, @conor64, @ibjiyongi, @joshtpm, @fordm, @smbrnsn, and @jordanzakarin
| Maria Deutscher / SiliconANGLE: |
Meta rolls out its Precision Time Protocol to its data centers, upgrading on the Network Time Protocol, aiming to sync its networks down to nanoseconds — Meta Platforms Inc. today detailed an internal initiative years in the making that focused on upgrading its data centers' timing protocol …
More:
Meta, DCD, and BigTechWire
| Paul Tassi / Forbes: |
Twitter's automated copyright strike system appears to be broken, as users upload full movies; some accounts with viral tweets were later suspended — While Twitter, the website, remains online and has not simply collapsed after the vast majority of workers were fired or resigned under Elon Musk …
More:
Thurrott, 9to5Mac, Plagiarism Today, Insider, The Verge, Newser, TechCircle, Tech Advisor, Gizchina, Mashable, Appuals.com, TheGamer, Yahoo Lifestyle, Twitter is Going Great!, and Insider
| Mark Gurman / Bloomberg: |
More:
MacRumors, Philip Elmer‑DeWitt, FOSS Patents, 9to5Toys, iPhone in Canada Blog, The Independent, and iMore
Tweets: @markgurman, @anthony, @kinsellawarren, @digitallybones, @samifathi_, @jowyang, and @newsynick
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