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November 21, 2022, 7:25 PM
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| 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, Bloomberg, CoinDesk, CryptoSlate, CNBC, Web3 is going just great, Crowdfund Insider, Coinpedia Fintech News, Bitcoinist.com, Cryptopolitan, Wccftech, Ethereum World News, Crypto Daily, Cryptonews, CoinGape, Forkast, Daring Fireball, The Daily Hodl, and WTF happened in bitcoin …
Tweets: @grayscale, @grayscale, @ergobtc, @ap_archpublic, @grayscale, @twobitidiot, @twobitidiot, @freemrktcptlst, @silvermanjacob, @nategeraci, @btc_charlie, @chainlinkgod, @real_vijay, @ltcfoundation, @doveywan, @thecryptolark, @sobylife, @jordanschachtel, @dylanleclair_, @alphaketchum, @wublockchain, @twobitidiot, @mtrl_scientist, @jordanschachtel, @ergobtc, @hodlkryptonite, @zhusu, @rewkang, @gurgavin, @stockgeektv, @mayazi, @dylanleclair_, @ap_archpublic, @btc_archive, @miyuki__eto, @kimdotcom, @devchart, @hodlkryptonite, @endorsen, @coffeebreak_yt, @patregnier, @autismcapital, @smtuffy, @hodlkryptonite, @twobitidiot, @poordart, @bradmillscan, @0xfoobar, @apedurden, @0xfoobar, @julianhosp, @tradinglatino, @odell, @byzgeneral, @adamscochran, @ldrogen, @jseyff, @davidbelle_, @newsasset, @hodlkryptonite, @joshbobrowsky, @ap_archpublic, and @bradmillscan
| Sunil Jagtiani / Bloomberg: |
Crypto prices sink, with bitcoin down 5%+ to under $16K and ether down ~7% to ~$1.1K, rocked 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, CoinDesk, Cryptopolitan, TheStreet, The Block, CoinDesk, CNBC, CNBC, NewsBTC, CoinGape, CoinDesk, Decrypt, The Block, Inside Bitcoins, Barron's Online, and The Block
Tweets: @paulg, @vitalikbuterin, @arkhamintel, @thestalwart, @pmarca, @sassal0x, @lookonchain, @allnick, @leadlagreport, @peckshieldalert, @peckshieldalert, @coinmamba, @mcopelov, @pollo2x, @amasad, @fatmanterra, @markets, @cburniske, @macnbtc, @blockgraze, @patrikakis, @umbrella_uni, @thestalwart, @btc_jacksparrow, @peckshieldalert, @tree_of_alpha, and @carnage4life
| Bloomberg: |
Sources: Genesis is struggling to raise funding for its lending unit and warns potential investors that it may need to file for bankruptcy if its efforts fail — Digital-asset brokerage Genesis is struggling to raise fresh cash for its lending unit, and it's warning potential investors …
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The Block, TheStreet, CoinDesk, Reuters, Decrypt, TechCrunch, CryptoSlate, Bitcoinist.com, NewsBTC, Coinspeaker, and Tech News
Tweets: @fintechfrank, @sonalibasak, and @lucasmtny
| 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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Gizmodo, The Hill, NBC News, Observer, CNBC, Reclaim The Net, NBC Bay Area, CoinGape, and Livemint
Tweets: @kanyewest, @kanyewest, @elonmusk, @elonmusk, @project_veritas, @mollyjongfast, @mattgertz, @karaswisher, and @juddapatow
| 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
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The Guardian, Axios, BBC, Reclaim The Net, The Hill, Fortune, CNN, New York Post, Insider, CoinGape, Insider, and SlashGear
| Mark Niquette / Bloomberg: |
| Thomas Germain / Gizmodo: |
Researchers: Apple analytics data include a unique ID for a user's iCloud account, despite Apple saying usage data does not include personally identifiable info — Your iPhone's analytics data includes an ID number tied to your name, email, and phone number, say researchers who uncovered other holes in Apple' promises.
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9to5Mac, The Verge, AppleInsider, Engadget, iThinkDifferent, Digital Trends, The Mac Observer, Appuals.com, and MacRumors
| 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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Forbes, The Information, and Noahpinion
| Vitalik Buterin's website: |
How centralized crypto exchanges could offer “proof of solvency” while protecting depositors' privacy by using ZK-SNARKs, a type of zero-knowledge proof — Special thanks to Balaji Srinivasan, and Coinbase, Kraken and Binance staff for discussion.
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Blockworks, The Daily Hodl, Cointelegraph, Ronin Report, Cryptoinsight.pro, Cryptopolitan, and crypto.news
Tweets: @vitalikbuterin, @cz_binance, @brian_armstrong, @nityn, @pankaj, @balajis, @phil_kelly_nyc, @jerallaire, and @cz_binance
| Alex Heath / The Verge: |
Sources: at an all-hands, Elon Musk said Twitter is done with layoffs and actively recruiting for roles in engineering and sales; Twitter has 2,700+ employees — After purging nearly two-thirds of Twitter's 7,500-person workforce in three weeks, Elon Musk is hiring again.| Cheyenne Ligon / CoinDesk: |
US DOJ says two Estonians were arrested for a $575M cryptocurrency fraud and money laundering scheme that allegedly defrauded hundreds of thousands of investors — According to the Department of Justice, the two men used shell companies to launder the proceeds of their fraudulent schemes and buy luxury cars and real estate in Estonia.
More:
U.S. Department of Justice, PYMNTS.com, BleepingComputer, Associated Press, Reuters, Federal Bureau …, The Record, and Financial Times. Tweets: @wendysiegelman
| Ron Amadeo / Ars Technica: |
Report: Amazon's hardware group may lose $10B in 2022, as many Echo devices are sold at cost and plans to monetize Alexa have failed — Layoffs reportedly hit the Alexa team hard as the company's biggest money loser. — Amazon is going through the biggest layoffs in the company's history right now …
More:
Insider
| Jordan Novet / CNBC: |
Zoom reports Q3 revenue up 5% YoY to $1.1B, Enterprise customers up 14% YoY to ~209.3K, and a FY 2023 revenue guidance below estimates; stock drops 7%+ — - Zoom made a slight downward revision to its revenue guidance, and investors responded by pushing the stock lower.| 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 …
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Insider, Plagiarism Today, 9to5Mac, Tech Advisor, Newser, TechCircle, Mashable, Gizchina, Appuals.com, The Verge, TheGamer, Yahoo Lifestyle, Twitter is Going Great!, and Insider
| Mark Gurman / Bloomberg: |
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MacRumors, Daily Mail, iPhone in Canada Blog, iMore, 9to5Toys, FOSS Patents, Philip Elmer‑DeWitt, and The Independent
Tweets: @markgurman, @anthony, @kinsellawarren, @digitallybones, @samifathi_, @jowyang, and @newsynick
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