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May 16, 2022, 8:05 AM
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| Sam Kessler / CoinDesk: |
Luna Foundation Guard says its bitcoin reserves have depleted from ~80K to ~300 and the remaining UST and LUNA tokens will be used to compensate investors — The announcement comes after reports that over a billion dollars of Terra's bitcoin reserves are unaccounted for.
Source:
@lfg_org. More:
Bloomberg, Finbold, The Economic Times, The Block, New Money Review, The Block, Crypto Briefing, ZyCrypto, Ethereum World News, and Bitcoin Magazine
Tweets: @terra_money, @lfg_org, @stablekwon, @cz_binance, @cyounessi1, @venturecoinist, @cz_binance, @persiancapital, @stablekwon, @lfg_org, @twobitidiot, @jeuasommenulle, @mhonkasalo, @axel_bitblaze69, @fatmanterra, @justinsuntron, @0xmurloc, @daancrypto, @cobie, @robustus, @cz_binance, @lawmaster, @lfg_org, @lawmaster, @wublockchain, @cz_binance, @stablekwon, @maxberger, @wublockchain, @christine_dkim, @markgutman9, @0x_messi, @laurashin, @yodaresearch, @lex_node, @mikefellman, @sanjiva, @nischalshetty, @dandolfa, @mikeburgersburg, @altcoinpsycho, and @cov_duk
| Hannah Miller / Bloomberg: |
The knock-on effects of the TerraUSD and LUNA collapse will be felt across the crypto industry and could chill VCs' enthusiasm for investing in crypto startups — This week's undoing of the TerraUSD algorithmic stablecoin and its sister token Luna has ramifications for all of crypto.
More:
Elliptic Blog, MIT Technology Review, The Drunken Tapir, Subuddh's Newsletter, Fintech Inside, Crypto Monkey Blog, and With TAI
Tweets: @crypto, @schuldensuehner, @bqprime, and @koryodynasty
| Kellen Browning / New York Times: |
Twitch confirms the Buffalo gunman livestreamed Saturday's attack on its platform, saying it took his channel down within two minutes of the violence starting — Officials said the gunman broadcast the attack live on Twitch, the livestreaming site owned by Amazon that is popular with gamers.
More:
Associated Press, New York Times, NBC News, Kotaku, Buffalo News, CNN, International Business Times, BNO News, Bloomberg, TheGamer, ABC News, Dexerto, The Hill, Rolling Stone, Variety, Wall Street Journal, Mediaite, Insider, Deadline, and Associated Press
Tweets: @rmac18, @rmac18, @mmasnick, @taylorlorenz, @drewharwell, @rashadrobinson, @kellen_browning, @bobbyallyn, @oneunderscore__, @rmac18, @hasanthehun, @quatoria, @cwarzel, @kazweida, @raycondones, @sheeraf, @rmac18, @sewpheeyuh, @romeisnotokay, @eoinhiggins_, @chadloder, @rmac18, @questauthority, @shambamtymaam, @charlesadler, @secretgamergrrl, @anildash, @cwarzel, @rmac18, @lucidfoxx, @mmasnick, @xpatriciah, @vahn16, @kotaku, @bpdalerts, @ghosted_sound, @kellen_browning, @iwriteok, and @bobbyallyn
| New York Times: |
Live broadcasts and shared videos of mass shootings again raise questions about social networks' responsibilities in curbing violent and hateful content — Gunmen say they are influenced by online screeds and broadcasts of past shootings. Do social media sites have a responsibility to rein in hateful and violent content?
More:
Axios, The Guardian, Engadget, Associated Press, and Media Matters for America
| Peter White / Deadline: |
Sources: Netflix is exploring live streaming for its unscripted shows and stand-up specials, alongside live voting for competition series and talent contests — EXCLUSIVE: Netflix is going live for the first time. — Deadline understands that the streamer is exploring the launch of live streaming.
More:
PhoneArena, Wall Street Journal, ExchangeWire.com, Gizchina, Phandroid, t3.com, Neowin, The Signal, TechCabal, iPhone in Canada Blog, Digital Trends, TechRadar, Benzinga, AppleInsider, BGR, Engadget, The Verge, Mashable, PCMag, Tom's Guide, and iMore
| Joshua Oliver / Financial Times: |
FTX CEO Sam Bankman-Fried says bitcoin has no future as a payments network because of its inefficiency and high environmental costs — Bankman-Fried criticises biggest digital asset over inefficiency and high environmental costs — Bitcoin has no future as a payments network …
More:
Decrypt, Benzinga, Cointelegraph, Cryptonews, CoinJournal, and CryptoPotato
Tweets: @sbf_ftx, @mayazi, @jack, @wublockchain, and @lopp
| Mark Gurman / Bloomberg: |
Opinion: Apple should acquire EV startup Canoo, which says it is running out of cash to operate and whose former CEO is a top executive on Apple's car project — Apple could take a look at struggling electric-vehicle startup Canoo to help it build up its car project.
More:
The Mac Observer, AppleTrack, Notebookcheck.net, iLounge, Philip Elmer‑DeWitt, GSMArena.com, Forbes, and Wired
Tweets: @richontech, @apple_tomorrow, @drbfg, @mikeelgan, and @markgurman
| Caitlin Harrington / Wired: |
A look at the Apple Together solidarity movement that emerged from #AppleToo to provide support for Apple employees organizing in retail, AppleCare, and more — A solidarity movement called Apple Together has provided tools and support as the company's retail employees organize.
More:
Wall Street Journal and 9to5Mac
Tweets: @moreperfectus, @zoeschiffer, @banana_genius, @stevekovach, @emmakinema, @mjh_txt, @johnlegere, @applelaborers, @cherthedev, @applelaborers, @wsj, @greg_shill, @jannekeparrish, @jones_lucia, @acoreunion, @allinoniphone, @katiebindley, @aparanjape, @fatemehx2, @dannygroner, @carnage4life, @evanderburg, @tnewmstweet, @machinistsunion, @sunrisemvmt, @wgawest, @caitharr, and @applelaborers
| Mia Sato / The Verge: |
OpenSea tries “improving authenticity” by revamping account verification and debuting a system to detect, remove, and prevent copies of authentic NFT content — The updates are an attempt to cut down on plagiarism and fakes — OpenSea is rolling out features to “improve authenticity” …
Source:
OpenSea Blog and OpenSea Blog. More:
Engadget, Gizmodo, Protos, and Blockonomi
Tweets: @carnage4life, @krrishd, @mdudas, @jonshelleyio, @shivar, @brianromero, @sneakerboxclyde, @opensea_support, @seanbonner, @opensea, @kis_iri, @rjcc, @opensea, and @opensea_support
| Rebecca Bellan / TechCrunch: |
Uber Eats to launch two autonomous delivery pilots in Los Angeles with robotic sidewalk delivery startup Serve Robotics and autonomous tech startup Motional — Uber Eats is launching two autonomous delivery pilots in Los Angeles on Monday with Serve Robotics, a robotic sidewalk delivery startup …
More:
Protocol, The Economic Times, Fossbytes, and Engadget
| Ryan Weeks / The Block: |
Elwood Technologies, a crypto-focused market access and trading service for institutional investors, raises a $70M Series A led by Goldman Sachs, Dawn Capital — Quick Take — Goldman Sachs, Barclays and CommerzVentures invested in the Series A round alongside venture capital firms.| Kevin Helms / Bitcoin News: |
Germany's Ministry of Finance confirms that selling crypto assets is tax-free if they are held for over a year, even if they are used for staking and lending — The German Ministry of Finance has published a letter officially confirming that the sale of crypto assets is tax-free after one year …
More:
CoinDesk, CoinGeek, and Cointelegraph
Tweets: @btctn, @johnedeaton1, @artusvanfrahm, @diogomonica, @epro, and @btctn
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