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August 11, 2021, 7:50 AM
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| Tim Copeland / The Block: |
Group behind Poly Network, a cross-chain protocol used for DeFi applications, says a hacker has stolen $611M; one researcher blames the attack on a crypto flaw — Quick Take — Cross-chain protocol Poly Network has been hacked for $611 million. — The team behind the protocol …
More:
BleepingComputer, PYMNTS.com, The Record, CoinDesk, VICE, BBC, Silicon Republic, AppleInsider, Poly Network, The Register, New York Post, Yahoo Finance, CNBC, Mashable, Heimdal Security Blog, infosecurity-magazine.com, Cointelegraph, The Daily Hodl, Reuters, Fortune, The Hacker News, cryptodaily.co.uk, Financial Times, Medium, SecurityWeek, Coinspeaker, SiliconANGLE, Bloomberg, Crowdfund Insider, CryptoSlate, Blockworks, CyberNews, and Decrypt
| Wolfie Zhao / The Block: |
The attacker who stole $611M from Poly Network, used in DeFi apps, has returned over $2M in USDC and BTCB after posting that they were “ready to surrender” — Quick Take — Poly Network attacker has started returning the funds that were stolen in the largest DeFi hack to date.
More:
Decrypt, Forkast, CoinDesk, Crypto Briefing, and Blockworks
Tweets: @sniko_, @sniko_, @sniko_, @oscarwgrut, and @noelleinmadrid
| New York Times: |
A look at the multi-year effort by English soccer organizations to push Facebook to crack down on hate speech against players, intensifying during Euro 2020 — For more than two years, soccer officials pushed the social network to limit the invective. As a new season begins, the hate continues.| Steve Dent / Engadget: |
Instagram introduces anti-hate speech tools to let users limit comments and requests on popular posts, following abuse towards England soccer players — Instagram has introduced new features called Limits and Hidden Words designed to reduce hate and abuse on trending posts, the company — announced.
More:
Instagram, TechCrunch, 9to5Mac, About Facebook, The Irish Times, Silicon Republic, Mashable, SlashGear, Pocket-lint, iMore, and USA Today
| Elizabeth Culliford / Reuters: |
Facebook says it has removed a network of accounts from Russia linked to a UK marketing firm that pushed anti-vaccine content using Planet of the Apes memes — Facebook (FB.O) said on Tuesday it had removed a network of accounts from Russia that it linked to a marketing firm which aimed …
More:
About Facebook, Facebook, Forbes, BBC, Washington Post, The Daily Beast, Radio Free Europe/Radio …, CBS News, TechCrunch, Adweek, CNET, inews.co.uk, and Yahoo News
Tweets: @ruskin147, @charliehtweets, @ngleicher, @profcarroll, @mollyjongfast, @noupside, @arawnsley, @benimmo, @arawnsley, @darth, @campuscodi, and @dankostecki
| Reed Albergotti / Washington Post: |
Court docs: Apple settles its 2019 lawsuit against Corellium over Corellium's “virtualized” iPhone business; Corellium says it still sells virtual iOS devices — Apple accused Corellium of violating its copyrights with virtual iPhones used for security research
More:
Forbes, Engadget, 9to5Mac, iMore, Cult of Mac, MacRumors, MacDailyNews, AppleInsider, and iPhone Hacks
Tweets: @malwarejake, @dcuthbert, @counternotions, @reedalbergotti, @thegrugq, @migueldeicaza, and @tonyajoriley
| Frank Konkel / Nextgov: |
Source: the NSA awarded a secret cloud computing contract worth up to $10B to AWS; Microsoft has filed a bid protest with the GAO in response — Much of the NSA's most prized intelligence data may be moving to the cloud. — The National Security Agency has awarded a secret cloud computing contract worth …
More:
Engadget, The Verge, The Hill, PCMag, Windows Central, Insider, MSPoweruser, Seattle Business Journal, and SiliconANGLE
Tweets: @frank_konkel, @carnage4life, @patrickmoorhead, @quinnypig, @teedubya, and @frank_konkel
| MacKenzie Sigalos / CNBC: |
Coinbase reports $2.23B in Q2 revenue, vs $1.78B est., and net profit of $1.6B, up nearly 4,900% YoY, following volatile stretch of cryptocurrency trading — - In Q2, Coinbase brought in $2.23 billion of revenue vs. $1.78 billion expected by Refinitiv. — It also reported a profit per share of $6.42.
More:
Coinbase, TechCrunch, Blockworks, Yahoo Finance, CoinJournal, Coinspeaker, CryptoGlobe, Bloomberg, Cryptonews, blockchain.news, Bloomberg, SiliconANGLE, Cointelegraph, CoinDesk, TheStreet, Benzinga, MarketWatch, Investing.com, Barron's Online, New York Times, Bitcoin Magazine, Financial Times, ZDNet, CoinDesk, Reuters, and Decrypt
Tweets: @jonrussell, @jeffjohnroberts, @jeffjohnroberts, and @scottmelker
| Lawrence Abrams / BleepingComputer: |
Microsoft fixes 44 vulnerabilities, including seven flaws that are classified as critical and three zero-day flaws, with one actively exploited in the wild — Today is Microsoft's August 2021 Patch Tuesday, and with it comes fixes for three zero-day vulnerabilities and a total of 44 flaws … | Catalin Cimpanu / The Record: |
More:
Microsoft Security …, BetaNews, TechRadar, The Hacker News, and MSPoweruser
Tweets: @briankrebs, @dangillmor, @msftsecresponse, and @ajohnsocyber
| Packy McCormick / Not Boring: |
NFTs blur the line between social and financial capital and dismissing them is akin to missing the importance of status while analyzing social networks — Analyzing NFTs as Social Networks Using the Status-as-a-Service Framework — The DEAD followed me across Twitter all weekend.| Kyle Wiggers / VentureBeat: |
OpenAI debuts a private beta for Codex, an API for turning natural language into code of one of over a dozen coding languages; Codex powers GitHub's Copilot — Watch now. — OpenAI today released OpenAI Codex, its AI system that translates natural language into code, through an API in private beta.
More:
OpenAI, Axios, Futurism, MarkTechPost, SiliconANGLE, and ZDNet
Tweets: @maccaw, @kylebrussell, @varunmayya, and @blader
| Filipe Espósito / 9to5Mac: |
Internal iOS 15 code and animations show Apple will let users link AirPods to the Find My network; the headphones will use Bluetooth to show a location — Apple has announced multiple new features for AirPods users with iOS 15, which includes Conversation Boost for AirPods Pro and true Find My support for the first time.| TJ Denzer / Shacknews: |
Unity reports Q2 revenue of $273.6M, up 48% YoY, and says it will acquire remote desktop and streaming company Parsec for ~$320M — Unity boasted a massive increase in revenue year-over-year and has raised its guidance as a result. — As fiscal quarters close and companies report earnings results … | Todd Spangler / Variety: |
YouTube launches protections for kids: default private uploads, turning off autoplay, and adding “take a break” and “bedtime” reminders by default — Google, responding to critics urging the internet giant to improve child safety in its services …
More:
YouTube Official Blog, The Keyword, Washington Post, Silicon Republic, TechCrunch, MUO, and MediaNama
Tweets: @lilyraynyc, @mmitchell_ai, @viacristiano, and @colorofchange
| Manish Singh / TechCrunch: |
Zomato reports revenue of $113.4M, up ~3x YoY, and a net loss of $48M for the quarter that ended in June, in its first quarterly earnings report since its IPO — Zomato's losses more than tripled in its first quarterly earnings report since its listing last month as the company's expenses grew …
Source:
Zomato Blog and Zomato. More:
Entrackr, Tech in Asia, Reuters, Livemint, The Financial Express, Moneycontrol, Telegraph India, Business Standard, BloombergQuint, VCCircle, The Economic Times, and The Economic Times. Tweets: @deepigoyal
| Nikhilesh De / CoinDesk: |
Senate sends $1T infrastructure bill to the House after a 69-30 vote; the bill contains a controversial cryptocurrency tax provision critics see as too broad — The bill contains a broad definition of “broker” for crypto tax reporting requirements that lawmakers and industry advocates sought to change over the past week.
More:
Washington Post, Pirate Wires, Associated Press, Bloomberg, PYMNTS.com, Bloomberg, Bitcoin News, The Information, The Verge, Washington Post, Politico, Crowdfund Insider, and Light Reading
Tweets: @reptomemmer, @jakesherman, @senlummis, @apompliano, @brian_armstrong, @davidgokhshtein, @peterbakernyt, @kaitlancollins, and @potus
| Nikhilesh De / CoinDesk: |
BitMEX announces a $100M settlement with the CFTC and FinCEN over shortcomings in its anti-money laundering and know-your-customer oversight systems — Crypto derivatives trading platform BitMEX announced Tuesday it had reached a settlement on civil charges with U.S. authorities.
More:
CFTC, FinCEN.gov, South China Morning Post, BitMEX Blog, Cryptonews, Forkast, The Verge, Coinspeaker, Reuters, U.Today, Wall Street Journal, Bitcoinist.com, The Hill, Forbes, Crowdfund Insider, Crypto Briefing, Blockworks, Bloomberg, and Cointelegraph
Tweets: @cftc, @bitmex, @ahcastor, and @cointelegraph
| Tiernan Ray / ZDNet: |
NortonLifeLock says that it will merge with Avast in a cash and stock deal worth between $8.1B and $8.6B — The two companies said they will create a “new, industry-leading consumer Cyber Safety business.” — Antivirus vendor NortonLifeLock this afternoon said it will merge …
More:
The Verge, Tech.eu, BetaNews, Business Wire, The Record, CRN, Channel Futures, PCMag, SiliconANGLE, iTnews, Reuters, The Times, Wall Street Journal, MarketWatch, Barron's Online, Financial Times, and SecurityWeek
Tweets: @avast_antivirus and @patrickmoorhead
| Sam Byford / The Verge: |
Xiaomi announces the Mix 4 smartphone with a bezel-less design and an under-display selfie camera, launching in China for ~$770 — The first new Mi Mix in years — Xiaomi has announced the Mix 4, the first phone in the Mi Mix series to be announced in nearly three years.
Source:
Mi Blog. More:
Engadget, Android Authority, ZDNet, TNW, Firstpost Tech, Tom's Guide, Strategy Analytics, The Register, Pocketnow, BGR, Wccftech, The Robot Report, PetaPixel, phonearena.com, mobilesyrup.com, and iPhone Hacks
| The Information: |
Sources: FTC is reviewing Uber's partnership with delivery startup Gopuff and purchase of alcohol delivery firm Drizly on anti-competitive grounds — The Federal Trade Commission is scrutinizing a partnership struck in May between Uber and Gopuff that allows people to order items … | Tim Bradshaw / Financial Times: |
In its first post-IPO results, Deliveroo says its pre-tax loss narrowed to £104.8M in H1 2021 as revenue rose 82% YoY to £922.5M; MAUs rose 81% YoY to 7.8M — Food delivery group narrows six-month pre-tax loss as sales pick up 82% — Deliveroo narrowed its pre-tax losses …
More:
CNBC, Telegraph, Deliveroo Investor Relations, Reuters, BOLSAMANIA, and IG
| Joanna Ossinger / Bloomberg: |
Helium, a P2P 5G wireless network startup, raises $111M in an a16z-led token sale, says it has 116K+ wireless hotspots in 11K cities with 500K more back-ordered — - Napster's Shawn Fanning co-founded Helium with Amir Haleem — Ribbit, Alameda, Multicoin among participants in the round
More:
Andreessen Horowitz, blockchain.news, WebWire, FinSMEs, Blockworks, and Cointelegraph
| Ari Levy / CNBC: |
Doximity, a networking service for doctors, reports Q1 revenue of $72.7M, up 100% YoY, and net income of $26.3M in its first earnings report as a public company — - In its first earnings report as a public company, Doximity said revenue in the fiscal first quarter climbed to $72.7 million from $36.4 million a year earlier.Sponsor Posts
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