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June 24, 2022, 1:25 PM
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| Brian Newar / Cointelegraph: |
Harmony stops its Horizon bridge between Ethereum, Binance Chain, and Bitcoin after a theft of ~$100M in altcoins; Harmony says its BTC bridge was not impacted — The layer-1 blockchain's main bridge between Ethereum, Binance Chain, and Bitcoin has been exploited for nine figures, but says its BTC bridge has not been affected.| Wall Street Journal: |
Sources: FTX is in talks to acquire a stake in BlockFi but no equity agreement has been reached; FTX gave the crypto lender a $250M credit line this week — FTX gave crypto lender a $250 million credit line this week — Crypto billionaire Sam Bankman-Fried has become a lender of last resort to his beleaguered industry.
More:
Decrypt, The Block, CoinDesk, Fortune, GRIT CRYPTO, and CryptoSlate
Tweets: @mayazi, @mslopatto, and @silvermanjacob
| Lauren Feiner / CNBC: |
Zendesk agrees to be acquired by an investor group in an all-cash deal valuing the company at ~$10.2B and will go private once the deal closes; stock is up 25%+ — - Customer experience software company Zendesk agreed to be acquired by an investor group in an all-cash transaction valuing it around $10.2 billion.
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Silicon Republic, TechCrunch, Business Wire, Crunchbase News, TechCrunch, San Francisco Business Journal, Axios, and seeking disruption
Tweets: @julianklymochko and @chrija
| Aaron Tilley / Wall Street Journal: |
Walmart says its hybrid cloud system now has 10K “edge nodes” across the US, cutting annual cloud spending by 10%-18% and lessening its reliance on cloud giants — Retailer says new hybrid system allows the company to switch between cloud providers and its servers, saving time and money| Jonathan Greig / The Record: |
The CISA and the US Coast Guard Cyber Command warn companies of Log4Shell exploits in the wild, citing one incident of threat actors exfiltrating 130GB+ of data — The Cybersecurity and Infrastructure Security Agency (CISA) and the United States Coast Guard Cyber Command (CGCYBER) …
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CISA, Cybersecurity Dive, SecurityWeek, Security Affairs, Petri IT Knowledgebase, The Hacker News, Help Net Security, and BleepingComputer
Tweets: @uscert_gov and @therecord_media
| Oliver Knight / CoinDesk: |
Axie Infinity developer Sky Mavis plans to restart its bridge and reimburse ~$216.5M in USDC and ether on June 28 to the victims of the $625M Ronin bridge hack — A total of $216.5 million in USDC and ethereum at today's prices will be returned to users. — Sky Mavis, the developer behind …
More:
Bloomberg, Finbold, Gizmodo, Decrypt, CoinQuora, Tech in Asia, CryptoSlate, and Cryptonews
| Aoyon Ashraf / CoinDesk: |
Coinbase Derivatives Exchange plans to launch its first crypto derivatives product, Nano Bitcoin futures (BIT), at 1/100th of the size of a Bitcoin, on June 27 — Coinbase Derivatives Exchange hopes to capitalize on a market that is $3 trillion in volume worldwide and provide hedging options for traders.
More:
The Coinbase Blog, The Block, Bloomberg, crypto.news, CryptoPotato, Bitcoin News, Crypto Briefing, Blockworks, Cryptonews, and Decrypt. Tweets: @coindesk
| Davey Alba / Bloomberg: |
Source: in February, Meta started an official internal process to shut down CrowdTangle, but paused the plan as the EU's Digital Services Act gained traction — On May 17, as several states held their primary elections, Jesse Littlewood searched the internet using a tool called CrowdTangle …
More:
Fossbytes, Waivly, Protocol, and The Verge
| Cameron Thompson / CoinDesk: |
Binance launches Binance Institutional to let VIP and institutional investors trade digital assets; the service is not available to Binance.US customers — The exchange's release of Binance Institutional aligns with CEO Changpeng Zhao's commitment to expand and hire during the bear market.
More:
crypto.news, Decrypt, and Binance
| Natasha Lomas / TechCrunch: |
Italy's data watchdog finds a local web publisher's use of Google Analytics violates EU data protection rules due to the privacy risk of data transfer to the US — Another strike against use of Google Analytics in Europe: The Italian data protection authority has found a local web publisher's use …
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The Register, gpdp.it, PYMNTS.com, Slashdot, Silicon Republic, Bestgamingpro, Bloomberg Law, International Association …, and Euractiv
Tweets: @benedictevans, @carnage4life, @privacydigest, @jeffjarvis, @hrbrmstr, @gavinsblog, @seyitaylor, @punk6529, and @slim404
| Manish Singh / TechCrunch: |
Zomato acquires instant delivery service Blinkit, formerly Grofers, for $568.1M; Blinkit raised about $700M in total and was valued at $1B+ in 2021 — Zomato has acquired Blinkit, a struggling 10-minute grocery delivery startup, in a $568.1 million deal as the loss-making food delivery firm looks …
More:
Entrackr, The Economic Times, DealStreetAsia, and Nikkei Asia
| Mack DeGeurin / Gizmodo: |
Report: Twitter gave Elon Musk more data, including real-time API access, after he complained last week that the large historical data he received wasn't enough — The company reportedly provided Musk with a new tranche of data after his team claimed they couldn't properly run tests to discover evidence of bots.| Leo Schwartz / Rest of World: |
Facebook has emerged in Mexico City as a low-cost alternative to food delivery services like Uber Eats and Rappi, as restaurateurs seek to avoid high fees — The platform has emerged as a hack around Uber Eats and Rappi's high fees. — • XOCHIMILCO, MEXICO
Tweets: @khushbuoshea, @anirvan, @leomschwartz, @lenton_chris, @cowvala, @kayla_s_stewart, @asayf, @mrstephendeng, and @brendawambui
| Ben Schoon / 9to5Google: |
OSOM, founded by ex-Essential employees, scraps its OV1 phone and partners with Solana to produce Saga, a $1,000 Web3-focused Android phone launching in Q1 2023 — The OSOM OV1 was a new Android smartphone built from the bones of Essential, but it's now being rebranded as a crypto/web3 device, the “Solana Saga.”Sponsor Posts
Meta:
Open Source AI: Available to all, not just the few — Meta's open source AI enables small businesses, start-ups, students, researchers and more to download and build with our models at no cost.
Open Source AI: Available to all, not just the few — Meta's open source AI enables small businesses, start-ups, students, researchers and more to download and build with our models at no cost.
Tribe AI:
Build AI products that matter — Tribe AI helps organizations rapidly deploy AI solutions that have real business impact. We bring together world class AI talent and tooling to drive differentiated results.
Build AI products that matter — Tribe AI helps organizations rapidly deploy AI solutions that have real business impact. We bring together world class AI talent and tooling to drive differentiated results.
Zoho:
5 common accounting mistakes — This is a guest post by Yaali Bizappln Solutions. A lot of businesses manage their customers and finances on separate platforms. This disconnect often leads to missed invoices …
5 common accounting mistakes — This is a guest post by Yaali Bizappln Solutions. A lot of businesses manage their customers and finances on separate platforms. This disconnect often leads to missed invoices …
Hamming:
Make AI Voice Agents trustworthy — Hamming AI automatically tests AI voice agents and continuously monitors them in production.
Make AI Voice Agents trustworthy — Hamming AI automatically tests AI voice agents and continuously monitors them in production.Who's Hiring In Tech?
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