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November 21, 2022, 9:05 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, Bitcoinist.com, Wccftech, Ethereum World News, Cryptopolitan, Coinpedia Fintech News, Crypto Daily, Cryptonews, CoinGape, Forkast, Daring Fireball, and The Daily Hodl
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
| 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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Wall Street Journal, The Block, Reuters, TheStreet, CoinDesk, Decrypt, TechCrunch, Cointelegraph, CryptoSlate, CryptoPotato, NewsBTC, Bitcoinist.com, Coinspeaker, and Tech News
Tweets: @fintechfrank, @sonalibasak, and @lucasmtny
| 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, CoinDesk, CoinDesk, Cryptopolitan, Bitcoinist.com, TheStreet, CNBC, The Block, CNBC, NewsBTC, CoinGape, Decrypt, The Block, Barron's Online, Inside Bitcoins, 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
| Alex Heath / The Verge: |
Elon Musk holds relaunch of Blue Verified until “there is high confidence of stopping impersonations” and floats using different colors for orgs and individuals — Elon Musk told Twitter employees on Monday that the company won't relaunch its paid verification subscription …
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TechCrunch, The Information, Reuters, Bloomberg, and GovTech
Tweets: @elonmusk, @elonmusk, @mikeelgan, @alexeheath, @xpangler, @alexeheath, @zaleskiluke, @rileytestut, @mmasnick, @wbm312, and @alexeheath
| 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.| 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, NBC News, The Forbidden Texts, Observer, Gizmodo, Reclaim The Net, CNBC, NBC Bay Area, Bloomberg, 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, CNN, New York Post, Fortune, Insider, CoinGape, and Insider
| 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, AppleInsider, The Verge, iThinkDifferent, Digital Trends, The Mac Observer, Engadget, Appuals.com, and MacRumors
| 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 … | 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.
More:
Blockworks, The Daily Hodl, Cointelegraph, Ronin Report, Cryptoinsight.pro, and Cryptopolitan
Tweets: @vitalikbuterin, @cz_binance, @brian_armstrong, @nityn, @pankaj, @balajis, @phil_kelly_nyc, @jerallaire, and @cz_binance
| 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.| 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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BBC, The Information, Forbes, and Noahpinion
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