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February 22, 2025, 9:10 AM
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memeorandum
WeSmirchTop News
| Bloomberg: |
Crypto exchange Bybit says a hacker took control of one of its cold Ethereum wallets, resulting in what analysts estimate was the loss of ~$1.5B worth of tokens — - North Korean group Lazarus suspected by industry researchers — Prices of Ether, Bitcoin and other tokens decline after theft
More: TechCrunch, Cryptopolitan, New York Times, Hindustan Times, PCMag, crypto.news, CoinJournal, Yahoo Finance, The Independent, The Block, CoinDesk, BleepingComputer, Wired, Coinpedia Fintech News, CoinGape, Blockchain.News, CNBC, The Coin Republic, Gulf Business, 10x Market Updates, Türkiye Today, The Verge, ZyCrypto, CryptoNinjas, The Economic Times, APA.AZ, Crypto Briefing, DL News, Agence France-Presse, Bitcoin Insider, The Hacker News, PYMNTS.com, Associated Press, Wall Street Journal, TheStreet, Forbes, TheStreet, TradingView, Cointelegraph, Forbes, CryptoPotato, Bitcoin Insider, USA Insurance News …, SlashGear, Hackread, NewsBTC, Engadget, Fortune, Blockworks, Watcher Guru, CryptoPotato, The Crypto Times, Tech in Asia, The Record, Financial Times, The Block, Bloomberg, Decrypt, Finextra, The Coin Republic, Decrypt, Blockchain News, Reuters, The Crypto Times, ZeroHedge News, Cryptopolitan, NFTgators, Bitcoinist.com, CoinJournal, Web3 is Going Just Great, Benzinga, CryptoSlate, DL News, crypto.news, Coinpedia Fintech News, The Block, CoinGape, Crypto Briefing, and CoinDesk
Bluesky: @orobharris. X: @benbybit, @bybit_official, @benbybit, @benbybit, @benbybit, @cz_binance, @hasufl, @ethena_labs, @cryptohayes, @jconorgrogan, @zachxbt, @kaiz3ns, @0xcygaar, @0xngmi, @a1lon9, @0xcygaar, @gracybitget, @arthur_0x, @heyibinance, @benbybit, @darkcryptolord, @justinsuntron, @jconorgrogan, @deltaxbt, @cz_binance, @martybent, @cryptodonalt, @divine_economy, @litecoin, @gauthamzzz, @adamscochran, @nearcyan, @tradermayne, @panamaxbt, @0xracist, @functi0nzer0, @trading_axe, @salsatekila, @beausecurity, @lorenzofb, @0xgaut, @pythianism, @theflowhorse, @0xgaut, @devchart, @defisurfer808, @byzgeneral, @cousincrypt0, @wolfms_, @langeriuseth, @ashcryptoreal, @jacobkinge, @bitbitcrypto, @bitmexresearch, @mdudas, @spreekaway, @zhusu, @cobie, @0xfinish, and @mdudas. LinkedIn: Todd H Baker
Forums: r/news, r/technology, and Slashdot
| RT Watson / The Block: |
Arkham says ZachXBT submitted proof that North Korea's Lazarus Group is behind Bybit's $1.5B hack, which is the largest single theft in crypto history — - Arkham Intelligence said Lazarus Group hacked Bybit for over $1.5 billion, citing information provided by online sleuth ZachXBT.| Davide Castelvecchi / Scientific American: |
Some physicists are skeptical about Microsoft's claims of achieving a quantum computing breakthrough with Majorana 1, citing the lack of detailed evidence — With its ‘topological’ quantum computers, Microsoft aims to reach useful scales faster than competing technologies
More: Shtetl-Optimized, Popular Mechanics, Wired, Wall Street Journal, The Conversation, The Indian Express, and ZDNET
Bluesky: @stagefright, @castelvecchi, @lizziegibney, and @annamerlan
| Reuters: |
Sources: US negotiators pressing Ukraine for access to its minerals raised the possibility of cutting the country's access to Starlink if a deal is not reached — U.S. negotiators pressing Kyiv for access to Ukraine's critical minerals have raised the possibility of cutting the country's access …
More: The Kyiv Independent, Euromaidan Press, Mediaite, Washington Post, Benzinga, Raw Story, The Guardian, and Voice of America
Bluesky: @jim-stewartson. X: @ianbremmer, @yarotrof, @prestonstew_, @phildstewart, @antonlaguardia, and @kevinbankston
Forums: r/news, r/Starlink, r/Destiny, r/AnythingGoesNews, r/france, r/neoliberal, r/BoycottUnitedStates, r/technology, r/worldnews, r/ukraine, and r/politics
| Bloomberg: |
The Hang Seng Tech Index, which tracks the top 30 Hong Kong-listed tech firms, rose 6.5% on February 21, hitting its highest level since early 2022 — - Alibaba, Bilibili, Lenovo surge in HK after reporting results — Xi's meeting with sector leaders is another catalyst: analyst| Ricardo Brito / Reuters: |
Brazilian Supreme Court Justice Alexandre de Moraes orders the immediate and full suspension of Rumble in the country due to noncompliance with court orders — Brazilian Supreme Court justice Alexandre de Moraes ordered U.S. video-sharing platform Rumble (RUM.O) immediate and full suspension …
More: Reclaim The Net, The Rio Times, Reuters, Associated Press, and Fox News
Bluesky: @daphnek. X: @ggreenwald, @chrispavlovski, @allumbokhari, @chrispavlovski, @ggreenwald, @ggreenwald, @nikolas_dm, @marionawfal, and @scrowder
| Cade Metz / New York Times: |
OpenAI says it found evidence of an AI-powered surveillance tool used by a Chinese security operation to identify anti-China posts on social media in the West — The company said a Chinese operation had built the tool to identify anti-Chinese posts on social media services in Western countries.
More: Engadget, OpenAI, Bloomberg, Axios, OpenAI, Livemint, The Hacker News, Loeb & Loeb LLP, WinBuzzer, eWeek, and Neowin
Bluesky: @sambiddle.com, @caseynewton, @skynetandchill.com, @chicagomike, @wpmacmason, @hypervisible, and @davelee.me. Mastodon: @HoustonDog@mastodon.world
Forums: r/technology and Slashdot
| Mark Gurman / Bloomberg: |
Apple removes Advanced Data Protection for iCloud in the UK after the government ordered it to build a backdoor, something the company says it will never do — - Company removes Advanced Data Protection feature for UK users — “We never will” build backdoor to user data, iPhone maker says
More: TechCrunch, BBC, The Verge, 9to5Mac, Security Affairs, Washington Post, Tech Policy Press, MacRumors, Daily Mail, Bloomberg, TidBITS, TechSpot, PCMag, Reuters, Electronic Frontier Foundation, Daring Fireball, Forbes, Telegraph, EasternEye, Financial Times, MacTrast, Android Headlines, Redmond Pie, mjtsai.com, Six Colors, PhoneArena, The Indian Express, SiliconANGLE, iDownloadBlog.com, Wall Street Journal, mobilenewscwp.co.uk, The Standard, ZeroHedge News, UPI, Engadget, Breitbart, Thurrott, Neowin, Gizmodo, and Philip Elmer‑DeWitt
Bluesky: @brunojnavarro, @carnage4life, @aricohn.com, @northamptonian, @radiobeartime.com, @chancemiller.me, and @martinsfp
Mastodon: @matt@isfeeling.social, @mshelton@mastodon.social, @ErikJonker@mastodon.social, @zackwhittaker@mastodon.social, @RabBrucesSpider1 …, and @FirewallDragons …
Threads: @benedictevans, @timothybucksf, and @parkert
X: @timsweeneyepic, @matthew_d_green, @timsweeneyepic, @wcathcart, @aditi_muses, @scott_helme, @markgurman, @matthew_d_green, @ggreenwald, @philrodgers, @zooko, @matthew_d_green, @tomhfh, @bryanglick, @vxunderground, @jamesrbuk, @davidtpegg, @willguyatt, @profwoodward, @shellenberger, @uk_daniel_card, @martynday, @migueldeicaza, @mysk_co, @jamestitcomb, @kimzetter, @bzamayo, @timsweeneyepic, @matthew_d_green, @bzamayo, @matthew_d_green, @matthew_d_green, @matthew_d_green, @dcurtis, @markgurman, @leokelion, and @markgurman
LinkedIn: Samantha Simms, Jessica Shurson, Peter Slack, Matt Abrams, Abid Patel, Joe Jones, Brian Honan, Marc Lawn, and Nigel Smart
Forums: Hacker News, r/privacy, r/iphone, r/europe, r/technology, r/hardware, r/technology, r/anime_titties, r/applesucks, r/apple, r/worldnews, r/tech, r/iphone, r/technews, Slashdot, and MacRumors Forums
| Bloomberg: |
NetEase CEO William Ding has cut hundreds of jobs, closed game studios, and reduced international investment as he refocuses on a smaller portfolio of titles — - Hundreds of staffers and about a dozen games have been cut — Founder William Ding sets elevated expectations for results
More: Game File, Push Square, TheGamer, PC Gamer, Eurogamer.net, Kotaku, Polygon, Game Rant, Game Developer, The Game Post, and IGN
X: @whitefangrex and @crownified
LinkedIn: Stephen Totilo and Cecilia D'Anastasio
| Bloomberg: |
Trump says Tim Cook told him that Apple “stopped two plants in Mexico” and will build products in the US instead, a move Apple hasn't publicly discussed — - President says tariff threat prompted move from planned plants — Cook, Trump held private meeting Thursday at the White House| Kyle Wiggers / TechCrunch: |
Sakana AI walks back claims that its new AI CUDA Engineer can speed up AI training by up to 100x, after complaints about worse-than-average training performance — This week, Sakana AI, a Nvidia-backed startup that's raised hundreds of millions of dollars from VC firms, made a remarkable claim.
Bluesky: @carnage4life and @easyphloem
X: @_apoorvnandan, @sakanaailabs, @miru_why, @main_horse, @giffmana, and @miru_why
| Erin Griffith / New York Times: |
Many SV startups are using AI to boost productivity in research, coding, and more, reducing reliance on VC money for hiring, fueling “tiny team” success stories — Tech start-ups typically raised huge sums to hire armies of workers and grow fast.
X: @gjain, @bittingthembits, @stevelohr, and @tmrohan
| Daniel Cancel / Bloomberg: |
Latin American e-commerce giant MercadoLibre's stock reached a record high on February 21 after it reported a record $639M net income on $6.1B in revenue in Q4 — - Latin America e-commerce, fintech giant blows away estimates — MercadoLibre extends lead as most valuable Latin American firm
More: MercadoLibre, Inc., Yahoo Finance, and Motley Fool
| Reuters: |
President Trump signs a memorandum to consider retaliatory measures, including tariffs, on countries that impose digital service taxes on US tech companies — President Donald Trump has signed a memorandum to impose tariffs on countries that levy digital service taxes on U.S. technology companies, a White House official said.
More: Bloomberg, Reuters, Benzinga, The Verge, Cryptopolitan, Entertainment Weekly, Livemint, Financial Times, Washington Times, The White House, and Crypto Briefing
Bluesky: @phdskat.org. X: @carlholshouser, @carlholshouser, @atrupar, @justinhaydenm, @carlholshouser, @stan_p_bluepill, and @carlholshouser
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