Techmeme
June 10, 2023, 10:00 AM

Top News

Karissa Bell / Engadget:
In an AMA on API changes, Reddit CEO Steve Huffman says the company can't “subsidize commercial entities”, criticized the Apollo developer's behavior, and more  —  “We'll continue to be profit-driven until profits arrive,” he said.  —  Reddit CEO Steve Huffman has finally spoken publicly …
Bloomberg:
A comparison between US data and 5,100 Stable Diffusion-generated images related to job title and crime finds the tool amplifies gender and racial stereotypes  —  Heather Hiles, chair of Black Girls Code  —  At Canva, whose visual communication platform has 125 million active users …
Sarah Zheng / Bloomberg:
In a virtual address to a conference in Beijing, OpenAI's Sam Altman called for global cooperation on AI safety and said China should help shape the guidelines  —  China should play a key role in shaping the artificial intelligence guardrails needed to ensure the safety of transformative new systems …
David Yaffe-Bellany / New York Times:
Colin Wilhelm / The Block:
A US judge ruled in favor of the CFTC after Ooki DAO failed to respond to an enforcement action, setting a precedent that DAOs are liable for legal violations  —  - The Commodity Futures Trading Commission won a default judgement against Ooki DAO after the group failed to respond.
James Cirrone / Blockworks:
Crypto.com plans to shut down its institutional exchange service for US customers on June 21, citing “limited demand”; the closure doesn't affect retail users  —  The decision was made in light of “limited demand” among US institutions because of the “current market landscape”
Vitalik Buterin:
Ethereum must undergo three transitions while evolving from a young experimental technology into a mature tech stack: L2 scaling, wallet security, and privacy  —  Special thanks to Dan Finlay, Karl Floersch, David Hoffman, and the Scroll and SoulWallet teams for feedback and review and suggestions.
Nikhilesh De / CoinDesk:
The US DOJ unseals a 2019 indictment charging two Russians with stealing ~647K BTC in the Mt. Gox hack and a 2016 filing charging one of them with running BTC-e  —  One of the individuals also operated BTC-e, the DOJ alleged.  —  The U.S. Department of Justice charged Russian nationals Alexey Bilyuchenko …
Wall Street Journal:
An interview with Gary Gensler after the SEC's Binance and Coinbase lawsuits, which have existential stakes for the companies and could define Gensler's legacy  —  Agency chair focuses enforcement power on exchanges after earlier failures to subdue industry  —  WASHINGTON—Gary Gensler had seen enough.
Rosie Perper / CoinDesk:

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More News

Jason Schreier / Bloomberg:

Earlier Picks

MK Manoylov / The Block:
Isabella Simonetti / Wall Street Journal:
Jon Porter / The Verge:
Rahat Sandhu / Reuters:
Ina Fried / Axios:
Sam Sabin / Axios: