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March 3, 2022, 2:35 PM
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| Andrew Rummer / The Block: |
Ukraine's Mykhailo Fedorov abruptly cancels the government's crypto airdrop plan, saying the country will instead sell NFTs “to support Ukrainian Armed Forces” — Ukraine's government abruptly canceled its planned crypto airdrop and said it would instead sell NFTs to raise funds following last week's Russian invasion.
Source:
@fedorovmykhailo. More:
CoinDesk, The Block, Washington Post, Protocol, CoinDesk, SiliconANGLE, Blockworks, CoinDesk, CoinDesk, Coinspeaker, CoinDesk, Blockworks, Financial Times, VICE, The Independent, Decrypt, The Independent, Bloomberg, CoinDesk, CoinQuora, The Block, VICE, Decrypt, and Cryptonews
| Scott Chipolina / Decrypt: |
Elliptic: crypto users have donated $50M+ to Ukraine across 89K+ assets since February 26; the government's wallet addresses show $10M in BTC and $16M in ETH — The Ukrainian crypto crowdfunding effort has now exceeded $50 million, through almost 90,000 separate donations.
More:
Elliptic Blog, Bitcoin News, iPhone in Canada Blog, MUO, Cointelegraph, Forkast, and Cryptonews
| Olga Kharif / Bloomberg: |
A group of 35 former employees at crypto startup incubator ConsenSys alleges serious asset transfer “irregularities” in a Swiss court, and demands an audit — A group of former employees of the ConsenSys AG is alleging “serious irregularities” at the startup incubator that owns … | MK Manoylov / The Block: |
MetaMask users in Venezuela say they can't access the crypto wallet; a support page says MetaMask and Infura services are unavailable “due to legal compliance” — Users of MetaMask based in Venezuela say they can no longer access the popular digital asset wallet.
More:
MetaMask Support, CoinDesk, VICE, and CryptoSlate
| Cecilia D'Anastasio / Bloomberg: |
Analysis: Twitch has lost at least six executives alongside 60+ employees during 2022; sources say Twitch is losing touch with its core focus on streamers — Twitch, the popular site where people go to watch other people play video games, has lost at least six top employees since the beginning of the year …
More:
Dexerto. Tweets: @cecianasta, @tomaxwell, @cecianasta, @ascendantnomad, @cecianasta, and @ascendantnomad
| New York Times: |
A look at Friends With Benefits, an a16z-backed DAO with a buzz-fueled social club, which attracts artists and investors but faces problems with its elitism — Friends With Benefits is a V.I.P. lounge for crypto's creative class. Is it empty hype or the future of friendship?
More:
TIME. Tweets: @bymeg, @mattzeitlin, @johnwilson, @erinkwoo, @maxwellstrachan, @nahhhlina, @lizthegrey, @jnd3001, @edmundlee, @ldrogen, @sachajudd, @alexnpress, and @rally_io
| Mary Jo Foley / ZDNet: |
Prominent open source advocate Miguel de Icaza is leaving Microsoft, which he joined in 2016 when it acquired Xamarin — Former Xamarin cofounder Miguel de Icaza is leaving Microsoft, the company he joined through acquisition just over six years ago. — Well-known open source advocate …
More:
Thurrott, GeekWire, Daring Fireball, Windows Central, and WinBuzzer
Tweets: @bdsams, @tomwarren, @terrajobst, @dalmaer, @robconery, @kaitlinmckinnon, @dustinmoris, and @matvelloso
| Sarah Perez / TechCrunch: |
Twitter will expand its Birdwatch fact-checking feature to “a small and randomized” set of US users for feedback, after testing it since January 2021 — Twitter says it's expanding access to Birdwatch, its community-based fact-checking initiative first revealed in October 2020.| Sam Schechner / Wall Street Journal: |
Many Ukrainian tech workers, unable to leave the country, have relocated to the Lviv tech hub, with some volunteering for Ukraine's ad hoc hacking army — Many companies in Ukraine's IT industry relocate staff, who have continued to ship code for clients — Amid an increasingly violent … | Anita Ramaswamy / TechCrunch: |
Lido, which has an estimated 80%+ market share in Ethereum liquid staking, raises $70M from Andreessen Horowitz; assets staked on Lido are worth $10B+ — The world's most-used blockchain, Ethereum, is switching to a new validation system this summer called proof-of-stake (PoS).
More:
Andreessen Horowitz and CoinDesk
| Thomas Claburn / The Register: |
SAP will be “stopping business in Russia aligned with sanctions” and pausing sales of products and services in Russia following a Ukrainian vice PM's request — As Moscow tries to retain IT talent with military exemption, a three-year tax suspension for biz
More:
CyberScoop, ZDNet, SAP, BGR India, Reuters, Dow Jones Newswires, The Economic Times, iTnews, Slashdot, and Washington Post
Tweets: @fedorovmykhailo, @chrstnklein, @fedorovmykhailo, @abarbashin, and @oracle
| Katie Deighton / Wall Street Journal: |
Google Maps and Tripadvisor block users from posting reviews to some listings in Russia, Ukraine, and Belarus after activists used them to share Ukraine news — Alphabet Inc.'s Google Maps and the travel search platform Tripadvisor Inc. temporarily blocked users from posting new reviews …
More:
CNET, Reuters, Insider, PYMNTS.com, Quartz, and Pocketables
Tweets: @youranonnews, @hkikkert, @kentgerman, and @davidhogg111
| David Yaffe-Bellany / New York Times: |
A look at anonymity in crypto, as some VCs back founders without learning their names and pseudonymous entrepreneurs control hundreds of millions of dollars — Investors give money to pseudonymous developers. Venture capitalists back founders without learning their real names.| Joseph Cox / VICE: |
The GitHub repository for Meta's open source library React is being spammed with anti-US and anti-Ukrainian comments in English and Mandarin — “False liberty and democracy make me sick!” one message written in Mandarin reads. — Joseph Cox — The Github repository for React …
Tweets: @shortformernie, @chronotope, @akryum, @monday_chen, @magicalmrc, @lidangzzz, @sunbuhui7, @wongmjane, @josephfcox, and @carnage4life
| Kellen Browning / New York Times: |
Twitch says it will ban “harmful misinformation superspreaders” that persistently share debunked misinfo, including about vaccines and election fraud — The new policy will target channels that persistently lie about vaccines and election fraud, as well as Russian state-run media.
More:
Engadget, Reuters, and Dot Esports
| Eli Tan / CoinDesk: |
Some OpenSea users with Iran-based IP addresses say their accounts were terminated on Thursday, likely due to US sanctions against the Iranian government — Twitter users complained about their accounts being deactivated without notice. — OpenSea users with Iran-based internet protocol addresses … | Jon Fingas / Engadget: |
Reddit bans links to Russian state media outlets across its entire service for all users worldwide — Reddit isn't done clamping down on misinformation following Russia's invasion of Ukraine. The social hub has banned links to state-supported Russian media outlets across the entire site, and for all users worldwide.| Jennifer Elias / CNBC: |
Google tells staff in the Bay Area and other US locations to return to physical offices three days a week starting on April 4, in a shift to a hybrid work model — - Google told employees on Wednesday that it expects them to begin returning to physical offices April 4.
More:
Reuters, CRN, Wall Street Journal, Silicon Republic, ZDNet, Android Police, Forbes, BGR India, WRAL TechWire, GeekWire, CNN, Pocketnow, Bloomberg, Insider, New York Business Journal, androidcentral.com, MacRumors, The Verge, Silicon Valley Business …, New York Post, The Hill, Engadget, and Washington Post
Tweets: @jenn_elias, @richard_florida, @ixdavidsb, @ryanoneill, @tmfjmo, and @markgurman
| Todd Spangler / Variety: |
Spotify closes its office in Russia “indefinitely” and removes all content from RT and Sputnik in the EU and other markets, except for Russia — Spotify has taken several steps in response to Russia's military attack on Ukraine, including closing its offices in Russia “indefinitely.”| Kyle Wiggers / VentureBeat: |
Luminous Computing, which is making a light-based AI accelerator chip, raises a $105M Series A from Bill Gates and others at a $200M-$300M post-money valuation — According to some experts, the growth in the compute power necessary to develop future AI systems might run up against a wall with mainstream chip technologies.| Bloomberg: |
Grab reports a $1.1B net loss in Q4 as revenue declined 44% YoY to $122M; after going public via SPAC in December, Grab has lost $15B+ in market value — Grab Holdings Inc., Southeast Asia's ride-hailing and delivery giant, reported a wider loss after the company spent more on incentives …
More:
DealStreetAsia, Grab SG, and Dow Jones Newswires
| MIT Technology Review: |
An investigation details Operation Safety Net, a sprawling surveillance operation in Minnesota to track protesters and journalists after George Floyd's murder — An investigation by MIT Technology Review reveals a sprawling, technologically sophisticated system in Minnesota designed for closely monitoring protesters.
Tweets: @ilhanmn, @aoc, @ziibiing, @daciatakesnote, @philjimeneznyc, @taterymo, @mat, @minneapolisam, @mat, @mat, @ziibiing, @niallfirth, @mat, and @mat
| Dean Takahashi / VentureBeat: |
Thatgamecompany, which makes the popular mobile game Sky: Children of the Light, raises $160M from TPG and Sequoia Capital — Thatgamecompany has built amazing and emotional game worlds such as Sky and Journey, and today it is announcing it has raised $160 million in funding.
More:
Game Developer, GamesIndustry.biz, and Pocket Gamer.biz
| Georgina Lee / South China Morning Post: |
Perfect, maker of YouCam Makeup, an AR camera app that lets users “try on” virtual makeovers from top brands, to go public via a SPAC merger at a $1B valuation — Perfect is known for ‘YouCam’ app that allows users to try on make-up and hair dye virtually As part of the deal …
More:
DealStreetAsia, PYMNTS.com, and Bloomberg
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