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June 20, 2022, 3:40 PM
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| Yogita Khatri / The Block: |
After suspending withdrawals on June 17, Babel Finance reaches “preliminary agreements on the repayment period of some debts”, helping ease liquidity pressure — - Babel Finance says it has reached “preliminary agreements” with major counterparties “on the repayment period of some debts.”
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Babel Finance, The Economic Times, Blockworks, Crypto Adventure, CoinDesk, Myth of Money, and CryptoSlate
Tweets: @wublockchain, @3anoncompany, @bitfinexed, @emilyjnicolle, @mayazi, @muyaoshen, @wublockchain, @bitfinexed, and @muyaoshen
| Celsius Blog: |
After pausing withdrawals, Swap, and transfers last week, Celsius asks for more time to stabilize its liquidity and operations and halts Twitter Spaces and AMAs — It has been one week since we paused withdrawals, Swap, and transfers. We want our community to know that our objective continues …
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Ed Zitron's Where's Your Ed At, BnkToTheFuture, New York Post, The Daily Hodl, CoinDesk, Crypto Adventure, Ethereum World News, Cryptopolitan, Coinspeaker, Blockworks, CNBC, watcher.guru, CNBC, Inside Bitcoins, Decrypt, The Block, Cointelegraph, CryptoPotato, Blockchain News, Bloomberg, and Cryptonews
Tweets: @simondixontwitt, @celsiusnetwork, @ahcastor, @mayazi, @golikehellmachi, and @luciacholakian
| Bloomberg: |
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CoinDesk, Yahoo Finance, Attack of the 50 Foot …, The Guardian, Financial Times, CoinJournal, Cryptopolitan, Decryptor0 Newsletter, Micky, Inside Bitcoins, The Daily Moon, Bloomberg, Reuters, Decrypt, The Daily Hodl, Mashable, MarketWatch, The Crypto Connection, Ethereum World News, CNN, and Wall Street Journal
Tweets: @nayibbukele, @cameron, @pjacaytonphd, @saylor, @briannawu, @levinepmc, @ercwl, @robertwiblin, @sasha35625, @alfonslopeztena, @ben_mckenzie, @jason, @ericlaw, @sbf_ftx, @brianlfrye, @mikeolson, @ianbetteridge, @bigseanharris, @dlacalle_ia, @sdonnan, @bqprime, @fintechintern, @katienotopoulos, @business, @twobitidiot, @bigtechalert, @bigblackjacobin, @smdiehl, @mrinaldesai, @pr0blematicswag, @tomgara, @grady_booch, @kylebrussell, @cengizyar, @charlesarthur, @levie, @tomgara, @noahpinion, @charlesarthur, @asilbwrites, @simonw, @levie, @grady_booch, @tommackenzietv, @gossithedog, @alexhern, and @charlesarthur
| David Gura / NPR: |
FTX CEO Sam Bankman-Fried blames the Federal Reserve's decision to raise interest rates for 2022's crypto crash, resulting in an investor risk “recalibration” — Cryptocurrencies are going through a spectacular crash and the head of one of the largest crypto exchanges …
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CoinQuora, CoinJournal, CryptoSlate, CryptoPotato, Decrypt, Ethereum World News, Coinspeaker, Cryptonews, Cryptocracy, Cointelegraph, and Cryptopolitan
Tweets: @davidgura, @howardlindzon, @ivanthek, @sbf_ftx, and @fttdao
| Emily Nicolle / Bloomberg: |
Crypto broker Voyager Digital secures a $485M loan from FTX CEO Sam Bankman-Fried's Alameda Research, including $200M credit and 15,000 bitcoins, worth ~$285M — Crypto broker Voyager Digital Ltd said it secured loans from Alameda Research, the trading outfit from FTX founder Sam Bankman-Fried …
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PR Newswire, Blockworks, Cryptonews, CoinJournal, and Ethereum World News
| Vishal Chawla / The Block: |
Solend Labs, a “decentralized” lending protocol on Solana, overturns a controversial DAO vote to take over a whale's account that had deposited ~$5.7M SOL — - Solend has invalidated yesterday's controversial DAO decision to take over its largest user account.
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Solend, Solend, Bloomberg, Cointelegraph, CoinDesk, CNBC, Amy Castor, The Register, Decrypt, watcher.guru, Coinspeaker, crypto.news, Crypto Briefing, CoinJournal, NFT Evening, Blockworks, The Block, Pandaily, and CoinDesk
Tweets: @business, @silvermanjacob, @blockanalia, @_dean_machine, @coop_daniels, @lloydmiller, @vikingxbt, @austinj, @kentoinami, @solendprotocol, @algofamily, @arrington, @swenlink, @kennwhite, @lex_node, @larry0x, @erratarob, @johnalanwoods, @aaronwise5147, @nsapproductions, @thormaximalist, @richayotte, @jgamblin, @solendprotocol, @solendprotocol, @cdespinosa, @fomoby, @milimalism, @swenlink, and @danny_mx
| Adi Robertson / The Verge: |
Mark Zuckerberg demos prototype VR headsets from Reality Labs, none of which will ship, that Meta refers to as “time machines” used to test one specific feature — Meta's Reality Labs division has revealed new prototypes in its roadmap toward lightweight, hyper-realistic virtual reality graphics.
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VentureBeat, HotHardware.com News, UploadVR, Road to VR, SiliconANGLE, CNET, PC Gamer, PCMag, TechRadar, TechCrunch, UploadVR, Protocol, Washington Post, Mashable, and Slashdot
| Financial Times: |
NetEase delays Diablo Immortal's China release after the game's Weibo account alluded to Winnie the Pooh, a way to derisively refer to President Xi Jinping — Cartoon bear is often used to criticise President Xi Jinping and has been blacklisted by censors — Shares in NetEase dropped …
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Reuters, South China Morning Post, GamesIndustry.biz, CNBC, PC Gamer, Game Developer, South China Morning Post, IGN, Dexerto, Coinspeaker, GamesRadar, Kotaku, Pocket Gamer.biz, Video Games Chronicle, and Bloomberg
Tweets: @zhugeex, @epro, @jmzbeijing, @zhugeex, @pingroma, @therealjoshye, @yaling_jiang, and @chaossmurf
| ProPublica: |
Analysis: despite claiming to reject gun ads, Google accepted ads from the 15 top US firearms sellers between March 9 and June 6, generating 120M+ impressions — ProPublica is a nonprofit newsroom that investigates abuses of power. Sign up to receive our biggest stories as soon as they're published.
Tweets: @craigsilverman, @craigsilverman, @chrisfralic, @propublica, @brettmmurphy, @craigsilverman, and @chrishendel
| Olga Kharif / Bloomberg: |
A look at crypto “shark traders”, who scour blockchain records for information on traders with highly leveraged positions and try to push them into liquidation — With crypto prices tumbling precipitously, traders have begun increasingly turning against one another to eke out ever-elusive profits.
Tweets: @jeffstone500 and @olgakharif
| Kyle Wiggers / TechCrunch: |
Paris-based Platform.sh, which helps companies build, run, and scale their apps and websites, raises a $140M Series D and says its ARR is up 50% YoY to $45M — The growing complexity of web infrastructure is a challenge that many organizations face today. When building and deploying web apps …
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Tech.eu
| Sankalp Phartiyal / Bloomberg: |
Profile of China's Realme as Counterpoint says it had a 16% share of India's smartphone market in Q1'22, up from 11% YoY, behind Xiaomi's 23% and Samsung's 20% — Last year, when a global chip shortage forced many smartphone makers to delay launches, upstart Chinese brand Realme took a gambit in India.
Tweets: @neiltwitz and @sankalp_sp
| Wall Street Journal: |
JD.com reports its June 18 shopping festival revenue rose 10.3% to $56.6B, the slowest growth since disclosing numbers in 2017, as China's lockdowns hurt demand — Consumers hit the brakes in latest indication of damaged sentiment from macroeconomic headwinds and lengthy lockdownsSponsor Posts
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