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June 13, 2022, 8:40 AM
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memeorandum
WeSmirchTop News
| Celsius: |
DeFi lending platform Celsius pauses “all withdrawals, Swap, and transfers between accounts”, citing extreme market conditions — We are writing with a very important message for our community. — Due to extreme market conditions, today we are announcing that Celsius is pausing …
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Tweets: @celsiusnetwork, @mikeburgersburg, @mashinsky, @web3isgreat, @cobie, @tether_to, @prestonpysh, @claritytoast, @nic__carter, @0xkyle__, @wassielawyer, @cobie, @defiyst, @timccopeland, @matthewstoller, @qtrresearch, @zerohedge, @celsiusnetwork, @mayazi, @gcrclassic, @claritytoast, @lawmaster, @jimcramer, @wublockchain, @nic__carter, @ben_mckenzie, @wmiddelkoop, @patio11, @kr00ney, @bobbybigwheel, @johndiesattheen, @hgesol, @suhail, @carrascosacris_, @bondhack, @bakkooonn, @kasmiyouness1, @robustus, @econoar, @defiprime, @cobie, @cobie, @flynnjamm, @ryansadams, @ryansadams, @cobie, @0xfoobar, @lindy_yuppie, @felixsalmon, @peterschiff, @bneiluj, @firstadopter, @zachweinberg, @howardlindzon, @lopp, @litcapital, @wublockchain, @zachweinberg, @briannawu, @charlesarthur, @brian_frank, @zerohedge, @silvermanjacob, @pkedrosky, @convertbond, @firstadopter, @susanlitv, @chadsgx, @xtremetom, @zguz, @samuelhburke, @amlivemon, @liebermanaustin, @howardlindzon, @pt, @mdudas, @howardlindzon, @dicktugging, @mikeisaac, @howardlindzon, @jeffjohnroberts, @kurtwuckertjr, @mdudas, @silvermanjacob, @nobsbitcoin, @lawmaster, @teroterotero, @pt, @mattflannery, @readdanwrite, and @mdudas
| Bloomberg: |
Major cryptocurrencies are crashing: bitcoin drops by 10%+ to below ~$24K, ether drops by 20%+ to below $1.2K, Avalanche drops 20%+, and Solana drops 19%+ — Bitcoin plunged to the lowest in about 18 months in Asia trading Monday as the impact of Friday's shock US inflation data continued to reverberate through global risk assets.
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Decrypt, Decrypt, Insider, Financial Times, Coinspeaker, CNBC, CoinDesk, Crypto Daily, Cointelegraph, Cryptonews, Livemint, Cryptopolitan, and Bloomberg
Tweets: @cz_binance, @tracyalloway, @cz_binance, @ercwl, @refsrc, @twobitidiot, @saylor, @howardlindzon, @sdonnan, @mdudas, @fintechfrank, @jemimajoanna, @jp_koning, @campuscodi, @sassal0x, @cz_binance, @blockfizac, @hhorsley, @trustlessstate, @iamjosephyoung, @erikvoorhees, @digieconomist, @mdudas, @wublockchain, @twobitidiot, and @wublockchain
| Matt Turner / Bloomberg: |
As crypto tumbles, MicroStrategy, which owns 129K+ bitcoins, drops as much as 23%, while Coinbase, Riot Blockchain, and Marathon Digital each drop 14%+ — Cryptocurrency-related stocks plunged in premarket trading Monday as Bitcoin tumbled to its lowest level in 18 months amid a deepening selloff …
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Fortune, MarketWatch, and CoinGape
| Daniel Roberts / Decrypt: |
Celsius' token CEL fell 70% in one hour after the DeFi lending giant suspended withdrawals, dropping to about ¢20 amid a broader crypto market slump — On Sunday night, with crypto markets already in freefall, controversial crypto lender Celsius announced it was suddenly pausing all customer withdrawals, swaps, and transfers.
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CoinDesk, Silicon Republic, Finextra, CoinGape, Protocol, CoinQuora, QTR's Fringe Finance, and CryptoPotato
Tweets: @loomdart, @web3isgreat, @hotradero, and @ahcastor
| Nitasha Tiku / Washington Post: |
A look at advanced large language models, as Google places an engineer on paid leave after he became convinced that its LaMDA chatbot generator was sentient — AI ethicists warned Google not to impersonate humans. Now one of Google's own thinks there's a ghost in the machine.
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The Guardian, The Verge, Blake Lemoine, Silicon Republic, South China Morning Post, Engadget, HuffPost, The Independent, Insider, Bloomberg, The Economic Times, Infosecurity, TheGamer, TechSpot, Wall Street Journal, Off to Lunch, The Economist, ExchangeWire.com, Fossbytes, Bloomberg, The Terminal, HotHardware.com News, Financial Times, The Overspill, The Signal, PC Gamer, 9to5Google, Neowin, destination, SiliconANGLE, New York Post, Global Community Weekly, Reboot, TechnoLlama, Accionables, Interdependent Thoughts, and Benzinga
Tweets: @tomgara, @emilymbender, @cajundiscordian, @dkthomp, @erikbryn, @captain_mrs, @rkrigney, @abebab, @maxkreminski, @caseynewton, @jadelgador, @sifill_ldf, @melmitchell1, @fredbenenson, @zachweiner, @filmcow, @jim_edwards, @somebadideas, @lxeagle17, @alicefromqueens, @mattyglesias, @drkatedevlin, @tomgara, @donie, @ahess247, @mjrobbins, @tszzl, @molleindustria, @dlauer, @paulkrugman, @ramez, @bosslogic, @davidbrin, @feliciaday, @simondlr, @erinfulmer, @gordonkeith, @hackingbutlegal, @mer__edith, @trungtphan, @vgr, @jeffjarvis, @molleindustria, @jeffjarvis, @fredbenenson, @sifill_ldf, @davey_burke, @harikunzru, @cassieceleste, @sarahlane, @nickpopemod, @gerritd, and @jeffjarvis
| Gary Marcus / The Road to AI We Can Trust: |
Tweets: @erikbryn, @erocdrahs, @einsteinsattic, @garymarcus, @mott_lab_, @garymarcus, @garymarcus, @oliviasolon, @frankpasquale, @mmasnick, @garymarcus, and @comex
| Mark Gurman / Bloomberg: |
WWDC 2022 analysis: Stage Manager is a confusing mess, clues about an upcoming AR/VR headset, CarPlay's new interface as a precursor to an Apple car, and more — The next-generation CarPlay interface is a precursor to an eventual Apple-designed Tesla rival.
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Benzinga, MacRumors, Rene Ritchie/YouTube, iMore, Fossbytes, 9to5Mac, PhoneArena, autoevolution, MacDailyNews, Club MacStories, TechCrunch, Wired, Cult of Mac, CNET, AppleInsider, and Philip Elmer‑DeWitt
Tweets: @mingchikuo, @mingchikuo, @trentstech, @parkerortolani, @mtrostyle, @neilcybart, @cesarberardini, @viticci, @snazzyq, @dailytekk, @tanayj, @reneritchie, @tanayj, @tanayj, @sadlyitsbradley, @stroughtonsmith, @ajmcgr, @dimillian, @samifathi_, @tanayj, @tanayj, @rsgnl, @samifathi_, @markgurman, @danibittman, @tanayj, @paterfamilias, @saschasegan, @tanayj, and @theapplebizz
| Wall Street Journal: |
Study: some streaming devices keep playing content when TVs are off, leading to ~17% of ads being shown when users can't see them, costing brands $1B+ per year — Lack of communication between TV sets and streaming devices causes estimated waste of over $1 billion in ad dollars| Molly White: |
A skeptical look at crypto as a foundation for self-sovereign identity and some likely dystopian outcomes, as Buterin, Dorsey, and others explore the idea — Anonymity and trustlessness are central to the crypto world. People don't have to attach real-world identities to crypto wallets …
Tweets: @molly0xfff, @molly0xfff, @carnage4life, @molly0xfff, and @davidgerard
| Michael McSweeney / The Block: |
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TheStreet, Blockchain News, CryptoSlate, mixx.io en substack, watcher.guru, Read BTC, and Odyssey
Tweets: @tbd54566975, @jack, @namcios, @migoya, @jason_koebler, @bigblackjacobin, @miningmiranda, @cryptovium, and @shreef
| Annie Palmer / CNBC: |
How Amazon entices creators to join its Influencer Program, which launched in 2017 and pays a commission for generated sales, by flying them to resorts and more — - Last month, Amazon hosted more than a dozen Instagram, TikTok and YouTube stars at a glitzy Mexico resort.| Janko Roettgers / Protocol: |
Q&A with Unity CEO John Riccitiello, who thinks the metaverse will be compelling with millions of destinations but won't be dominated by users' 3D avatars — Unity CEO John Riccitiello thinks the metaverse is the future of the internet. He just doesn't believe it will look like Fortnite or Meta's Horizon Worlds.
Tweets: @avvyland and @nickstatt
| AnnaMaria Andriotis / Wall Street Journal: |
Sources: Apple plans to use Apple ID data for identity verification and fraud prevention in its BNPL service, alongside credit reports and FICO scores — Tech giant will approve borrowers and fund loans itself rather than rely on a bank — Apple Inc. tiptoed into finance with Apple Pay …
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9to5Mac, AppleInsider, The Verge, iMore, and Insider
Tweets: @tomsykes, @markgurman, @tomsykes, @hypervisible, @psb_dc, @asiffhirji, @azamsharp, and @david_moscrop
| Paul Alcorn / Tom's Hardware: |
Intel claims its Intel 4 node, its first to use EUV lithography, offers 21.5% higher frequencies or 40% power reduction vs Intel 7, up to 2x transistor density — Intel announced the first details of its ‘Intel 4’ process node and shared an image of a Meteor Lake processor's compute die at the 2022 IEEE VLSI Symposium.
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AnandTech, Forbes, VentureBeat, and TechSpot
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