June 7, 2023, 6:45 AM

Top News

Austin Weinstein / Bloomberg:
The SEC sues Coinbase, alleging the exchange operated as an unregistered broker since at least 2019 and broke SEC rules with its “staking”; COIN drops 12%+  —  The Securities and Exchange Commission sued Coinbase Global Inc. in federal court in New York on Tuesday, alleging the crypto firm for years broke its rules.
More: Wall Street Journal, USDC SDNY, U.S. Securities …, CNBC, Reuters, Ars Technica, Metaverse Post, New Jersey Office …, New York Times, Quartz, The Block, CoinDesk, The Block, Cointelegraph, Financial Times, The Verge, CoinDesk, CoinGape, Watcher Guru,, Finbold, The Department …, The Block, NBC 7 San Diego, NewsBTC, The Block, New York Times,, Cryptonews, Cryptopolitan, DL News, Chamber of Progress, Reuters, TechCrunch, The Block, and Cointelegraph
Tweets: @brian_armstrong, @secgov, @cameron, @garygensler, @tier10k, @tuongvyle12, @cz_binance, @elonmusk, @jchervinsky, @tier10k, @jack, @iampaulgrewal, @buccocapital, @jimcramer, @tier10k, @barrysilbert, @jacksonrperry, @wublockchain, @meattc_, @cz_binance, @jack, @mayazi, @crypto_mckenna, @dystopiabreaker, @adamscochran, @ki_young_ju, @coinbase, @newjerseyoag, @jqt_web3vc, @eleanorterrett, @jason, @9gagceo, @mcuban, @lulumeservey, @smdiehl, @senatorhagerty, @adamscochran, @smtuffy, @matthuang, @matthuang, @tuurdemeester, @iamdcinvestor, @qwqiao, @0xmert_, @davidgura, @progresschamber, @functi0nzer0, @grummz, @ben_mckenzie, @thecryptolark, @garygensler, @autismcapital, @cryptowendyo, @mdudas, @adamscochran, @alexandergrieve, @lsukernik, @antoniomjuliano, @joshgiersch, @erikvoorhees, @udiwertheimer, @leomschwartz, @twobitidiot, @tphillips, @bamabonds, @nathandeandc, @spreekaway, @jacqmelinek, @dogetoshi, @mptherealmvp, @calvinayre, @ldrogen, @hsakatrades, @dogetoshi, @sh_brennan, @abu9ala7, @theemilyaccount, @dlauer, @dlauer, @toptickcrypto, @wclementeiii, @lopp, @thestalwart, @mdudas, @odell, @robustus, @jwverret, @dylanleclair_, @smtuffy, @thestalwart, @degenspartan, @eleanorterrett, @stephanlivera, @ryansadams, @quantian1, @cryptoalle, @ki_young_ju, @pt, @mrjasonchoi, @ramahluwalia, @awawat_trades, @functi0nzer0, @ap_abacus, @trustlessstate, @mdudas, @tree_of_alpha, @defiyst, @leomschwartz, @katie_martin_fx, @thestalwart, @nycsouthpaw, @sassal0x, @sino_market, @deitaone, and @mayazi
Matt Levine / Bloomberg:
A look at the similarities and differences between the SEC's lawsuits against Coinbase and Binance, as the SEC views every crypto exchange in the US as illegal  —  SEC v. Crypto  —  “A decent rule of thumb,” I wrote in March, “is that all cryptocurrency exchanges are doing crimes …
Michael Potuck / 9to5Mac:
Apple makes iOS 17, iPadOS 17, watchOS 10, and macOS Sonoma developer betas free for anyone with an Apple ID, not just users with $99/year developer accounts  —  For years, access to the iOS developer beta and other developer builds has only been available through a $99/year developer account.
XDA Developers:
Nikhilesh De / CoinDesk:
Court filing: the SEC asked a DC court to grant a temporary restraining order that would freeze assets tied to Binance.US' holding and operating companies  —  The filing comes a day after the SEC sued Binance.  —  The U.S. Securities and Exchange Commission (SEC) asked a court to grant …
The Verge:
Apple acquires Los Angeles-based Mira, which makes AR headsets for companies and the US military; the startup had raised ~$17M and was once advised by Jony Ive  —  Apple has acquired Mira, a Los Angeles-based AR startup that makes headsets for other companies and the US military …
Casey Newton / Platformer:
How Twitter, YouTube, and Meta gave up on removing lies about the 2020 US Presidential elections, having briefly banded together to do the right thing  —  For a time, they fought the good fight — but not any more  —  I.  —  On tech platforms these days you can get away with just about anything …
Maghan McDowell / Vogue Business:
Louis Vuitton announces “Treasure Trunk” NFTs costing €39K each and granting access to future products and experiences, in a hard pivot from an NFT-based game  —  The collection of phygital “Treasure Trunks” marks the first time that the luxury brand will sell NFTs …
Financial Times:
Nigeria-based Tingo, which offers mobiles and credit to farmers, fell ~80% after Hindenburg alleged the Nasdaq-listed fintech is an “exceptionally obvious scam”  —  Report alleges that Nasdaq listed company is an ‘exceptionally obvious scam’  —  Shares in Tingo Group more than halved …
Sabrina Ortiz / ZDNet:
Instagram appears to be testing an AI chatbot feature, similar to Snapchat's My AI, that offers 30 AI personalities for answering questions and giving advice  —  Meta rapidly adopted generative AI technology and incorporated it into various features across its platforms, including ads.
Marc Andreessen / Andreessen Horowitz:
A look at why AI will “save the world”, such as by augmenting human intelligence, a case against the moral panic about AI, and the China risk of not pursuing AI  —  The era of Artificial Intelligence is here, and boy are people freaking out.  —  Fortunately, I am here to bring …
Mark Gurman / Bloomberg:
Apple Vision Pro may take at least five years before it's seen as an iPhone alternative, let alone a product killer, as Apple still needs to address its quirks  —  Hey everyone, it's Mark.  Apple introduced the Vision Pro on Monday at WWDC, looking to an era beyond the iPhone, iPad and Mac.
Ben Thompson / Stratechery:
Matthew Panzarino / TechCrunch:

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