December 28, 2022, 6:55 PM

Top News

Osato Avan-Nomayo / The Block:
Alameda-linked wallets traded Lido, Polygon, Uniswap, and other tokens for ether and USDT, before swapping for bitcoin, ending with a combined total of 47.6 BTC  —  - Wallets linked to Alameda Research have sold several crypto tokens.  — These swaps happened barely days after Sam Bankman-Fried posted bail.
Gretchen Morgenson / NBC News:
A look at North Dimension, a little-known Alameda Research subsidiary, where the SEC says FTX told clients to wire funds for trading without disclosing the ties  —  Among the 130 or so companies in Sam Bankman-Fried's sprawling crypto empire, North Dimension Inc. assumed a low profile.
Jonathan Stempel / Reuters:
Court records: SBF is expected to enter a plea before a new judge on January 3; the original judge recused herself because her husband's law firm advised FTX  —  Sam Bankman-Fried is expected to enter a plea next week to criminal charges he defrauded investors and looted billions of dollars …
Court filings: Sam Bankman-Fried said in an affidavit that he and Gary Wang borrowed $546M+ from Alameda to buy a nearly 8% stake, or ~56M shares, in Robinhood  —  FTX founder Sam Bankman-Fried said he and former executive Gary Wang borrowed more than $546 million from Alameda Research to buy …
Oliver Knight / CoinDesk:
Filing: MicroStrategy bought ~3,205 BTC for ~$56.4M from November 1 to December 24 and sold ~704 BTC on December 22 to offset gains, amassing ~132.5K BTC total  —  The software company also sold a small amount of the cryptocurrency for the first time.  —  MicroStrategy (MSTR) …
Theo Wayt / The Information:
Source: Amazon has discussed a standalone app for watching sports, decluttering the Prime Video app; Andy Jassy recently reaffirmed Amazon's streaming ambitions  —  Amazon has discussed doing a stand-alone app for watching sports content, people briefed on the conversations told The Information.
Sidhartha Shukla / Bloomberg:
Solana drops 10%+ to under $10, as bitcoin and ether fall 1% to 2%, over concerns that large holders may be about to offload the token; SOL is down 94%+ in 2022  —  Solana, the cryptocurrency backed by fallen crypto mogul Sam Bankman-Fried, tumbled on Wednesday amid concerns that large holders may be about to offload the token.
Joe Schneider / Bloomberg:
Investors sue Gemini and Tyler and Cameron Winklevoss for offering Gemini Trust Earn interest-bearing accounts, which the company didn't register as securities  —  Gemini Trust Co. and its founders, Tyler and Cameron Winklevoss, were sued by investors who claim the crypto asset exchange sold …
Ian Johnston / Financial Times:
Mastodon CEO Eugen Rochko rejected more than five Silicon Valley VC offers for “hundreds of thousands of dollars” to protect the platform's nonprofit status  —  Fast-growing open-source microblogging site has seen a surge of interest since Elon Musk took over Twitter
Moira Warburton / Reuters:
The US House bans TikTok on all House-managed devices, citing a “high risk due to a number of security issues”, after similar bans by US state governments  —  The popular Chinese video app TikTok has been banned from all U.S. House of Representatives-managed devices …
Jonathan Vanian / CNBC:
CCS Insight: global shipments of VR and AR devices fell 12%+ YoY to 9.6M in 2022; NPD: US annual sales of VR headsets fell 2% YoY to $1.1B as of early December  —  - Sales of virtual reality headsets in the U.S. declined 2% year over year to $1.1 billion as of early December, according to NPD Group.
Sam Kessler / CoinDesk:
A hacker leaks 10K+ API keys belonging to users of crypto trading service 3Commas, which had said its users were “phished”; 3Commas CEO confirms the leaked data  —  The leak comes after 3Commas repeatedly told users that they had been “phished” after widespread hacks.
Aoyon Ashraf / CoinDesk:
Bitcoin miner Argo Blockchain avoids bankruptcy after agreeing to sell its Helios mining facility in Texas to Galaxy Digital for $65M and taking a $35M loan  —  Galaxy will buy Argo's Helios facility for $65 million and provide $35 million loan to help the miner amid restructuring.

Sponsor Posts

Sustainable from the ground up  —  Discover eco-friendly cloud solutions powered by advanced water-cooling technology.  Join a trusted cloud leader and transform your digital landscape.
Tribe AI:
Build AI products that matter  —  Tribe AI helps organizations rapidly deploy AI solutions that have real business impact.  We bring together world class AI talent and tooling to drive differentiated results.
Kulkan Security:
Hire Kulkan as your penetration testing partner  —  Kulkan prioritizes deep-dive manual security reviews, dissecting your software and infrastructure to find issues that once remediated can truly reduce security risk.
What are no-code chatbots and how do you create them?  —  In recent years, businesses across multiple industries have been leveraging chatbots to step up their customer engagement.
Introducing Tadpole: the tiny webcam for laptops  —  With a mirrorless Sony sensor, directional microphone, and tap-to-mute feature, the Tadpole works with both Mac and PC and is the perfect webcam to take with you everywhere.
The Logan Bartlett Show:
EP 110: How Eric Glyman (CEO, Ramp) Runs One of The Fastest Growing Startups
A podcast hosted by Logan Bartlett, an investor at Redpoint Ventures, covering tech with industry insiders.
Subscribe to The Logan Bartlett Show!
Techmeme Ride Home:
(First Ones) Josh Wolfe Of Lux Capital
The day's tech news, every day at 5pm ET. Fifteen minutes and you're up to date.
Subscribe via Apple Podcasts, Spotify, or RSS.

About This Page

This is a Techmeme archive page. It shows how the site appeared at 6:55 PM ET, December 28, 2022.

The most current version of the site as always is available at our home page. To view an earlier snapshot click here and then modify the date indicated.

More News

Benjamin Parkin / Financial Times:
Josh Ye / Reuters:
Wall Street Journal:

Earlier Picks

Wall Street Journal:
Taylor Rains / Insider:
Jonathan Stempel / Reuters:
Joe Rossignol / MacRumors: