Techmeme
December 27, 2022, 8:05 PM

Top News

Jonathan Stempel / Reuters:
Filings: the US arrested and charged a man with commodities fraud and manipulation for trying to steal ~$110M in October by rigging DeFi platform Mango Markets  —  U.S. prosecutors have filed criminal charges of commodities fraud and manipulation against a man accused of trying to steal …
Eli Tan / CoinDesk:
Top Solana-based NFT projects DeGods and Y00ts plan to leave the Solana network for Ethereum and Polygon, respectively; DeGods had asked for $5M to stay on SOL  —  DeGods will bridge over to Ethereum while its sister project Y00ts will move to Polygon with a grant from the layer 2's partnership fund.
Financial Times:
BAYC, Cool Cats, Pudgy Penguins, Doodles, and other NFT projects are diversifying into real-world assets like toys, albums, and books to generate new revenue  —  Creators of best-selling internet collectibles have responded to a crash in the value of crypto and digital assets by seeking new revenues …
Wladimir Palant / Almost Secure:
LastPass' breach update was full of lies, omitted damning info, tried to present the August 2022 incident and the data leak as two separate events, and more  —  Right before the holiday season, LastPass published an update on their breach.  As people have speculated, this timing was likely …
Joe Rossignol / MacRumors:
Kuo: Apple plans to ship an updated iPad mini in late 2023 or H1 2024 with a new chip as its main selling point; a foldable iPad is unlikely to replace the mini  —  Apple is working on a new version of the iPad mini, with mass shipments expected to start towards the end of 2023 or in the first half of 2024 …
Ava Benny-Morrison / Bloomberg:
Source: the DOJ launched a criminal investigation into the alleged $370M+ in assets stolen as FTX declared bankruptcy, separate from its fraud case against SBF  —  Federal prosecutors are investigating an alleged cybercrime that drained more than $370 million out of FTX just hours …
K Oanh Ha / Bloomberg:
Investigation: Amazon blue-and-white plastic shipping envelopes that US and Canadian consumers discard for recycling end up being burned in Muzaffarnagar, India  —  Muzaffarnagar, a city about 80 miles north of New Delhi, is famous in India for two things: colonial-era freedom fighters …
New York Times:
German researchers bought a US military device, last used in Afghanistan in 2012, with fingerprints, iris scans, and other data on 2,632 people, for $68 on eBay  —  German security researchers studying biometric capture devices popular with the U.S. military got more than they expected for $68 on eBay.
Geoffrey A. Fowler / Washington Post:
Shadowbanning is real and social media sites should be more transparent about it; survey: nearly 1 in 10 US social media users think they've been shadowbanned  —  Elon Musk is right: Social media should tell you when you're shadowbanned  —  Art teacher Jennifer Bloomer has used Instagram …

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