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July 3, 2022, 4:20 PM
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| Jeremy Hill / Bloomberg: |
Three Arrows Capital files for Chapter 15 bankruptcy, protecting its US assets from creditors while a British Virgin Islands court carries out a liquidation — Crypto hedge fund Three Arrows Capital has filed for Chapter 15 bankruptcy, a move that protects its US assets while a liquidation is carried out in the British Virgin Islands.
More:
CoinDesk, The Block, The Verge, The Daily Hodl, Reuters, ETH Daily, Coinmonks, crypto.news, Crypto Spotlight and Notes, Bitcoin News, Financial Times, Decrypt, Inside Bitcoins, CoinDesk, Ethereum World News, Cryptopolitan, TechCrunch, CryptoPotato, and Broadcast
Tweets: @petition, @thestalwart, @fintechfrank, @coindesk, @crypt0e, @miningmiranda, @djohnson_cpa, @ummjackson, @itsmarkmoran, and @scottmelker
| Michael McSweeney / The Block: |
Voyager Digital suspends trading, deposits, withdrawals, and rewards citing market conditions, after issuing a default notice to 3AC in June over a ~$650M loan — - “This was a tremendously difficult decision, but we believe it is the right one given current market conditions,” CEO Stephen Ehrlich said in a statement.| Arthur Hayes / Entrepreneur's Handbook: |
More:
Blockworks, Axios, Vault, Yard Couch, The Economic Times, Decrypt, and Cryptonews
Tweets: @cryptohayes, @mdudas, @mayazi, @ernestocontrer, @matthuang, @stacyannj, @lukeyoungblood, @bwertz, @garrytan, @pt, and @wublockchain
| Mitchell Clark / The Verge: |
Google plans to auto-delete visits to abortion clinics, domestic violence shelters, weight loss centers, and other sensitive places from users' location history — Along with visits to other potentially sensitive locations — Google says it'll start automatically deleting visits to abortion clinics …
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The Keyword, Bloomberg, New York Times, CNBC, TechCrunch, The Guardian, Politico, TIME, Android Central, Reuters, MobileSyrup, TheStreet, Mashable, PCMag, Washington Post, Deadline, Variety, The Register, BetaNews, Neowin, The Hill, Hollywood Reporter, USA Today, Wall Street Journal, and Protocol
| Alex Barinka / Bloomberg: |
In a letter to nine GOP senators, TikTok says China-based employees who clear internal security protocols can access certain information on TikTok's US users — TikTok, the viral video-sharing app owned by China's ByteDance Ltd., said certain employees outside the US can access information …
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New York Times, NPR, 9to5Mac, Reuters, Financial Times, Insider, BuzzFeed News, The Guardian, Gizmodo, PhoneArena, Gizchina, iMore, Deadline, The Hacker News, The Register, ChinaTechNews.com, Michael Tsai, MacRumors, The Mac Observer, South China Morning Post, Variety, PYMNTS.com, and NBC News
| Dan Primack / Axios: |
BlockFi agrees to an option to be acquired by FTX for up to $240M, plus a $400M revolving credit facility; BlockFi CEO: “we continue to see a healthy ecosystem” — Troubled crypto lender BlockFi said Friday that it agreed to an option to be acquired by FTX for up to $240 million.
More:
BlockFi, Bloomberg, The Block, Blockworks, Bitcoin News, CryptoPotato, Inside Bitcoins, CryptoSlate, Decryptor0 Newsletter, watcher.guru, Crowdfund Insider, Fortune, TechCrunch, Forbes, and Protocol
Tweets: @blockfizac, @blockfizac, @concodanomics, @brett_ftx, @sbf_ftx, @pt, @zguz, @buckycantor, @blockworks_, @iamwallst10, @nobsbitcoin, @pitdesi, @frances_coppola, @crypto, @ummjackson, @byrnehobart, @tomaxwell, @krugermacro, @stephanlivera, @haseeb, @northrocklp, @forexlive, @tomaxwell, @twobitidiot, @coindesk, @tomaxwell, @danprimack, @danprimack, @tomaxwell, @ryanlawler, and @benhuh
| Olga Kharif / Bloomberg: |
Meta plans to shut down Novi, its digital wallet pilot, on September 1, 2022; users will no longer be able to add money to their accounts starting on July 21 — The remainder of the cryptocurrency project that Meta Platforms Inc.'s Founder Mark Zuckerberg took a beating over from Congress is officially shutting down.
More:
CoinDesk, The Verge, CNET, Engadget, CNBC, TheGamer, Fintech Business Weekly, TechCircle, Mashable, Novi, PCMag, CryptoPotato, CryptoSlate, Protocol, The Block, and Slashdot
Tweets: @jamesplloyd, @web3isgreat, @business, @pii77ggkcmp, @miraf123, @georgedonnelly, @danheld, @keithdsouza, and @novi
| Ionut Ilascu / BleepingComputer: |
HackerOne says an employee stole vulnerability reports submitted through its bug bounty platform and disclosed them to seven companies for financial rewards — A HackerOne employee stole vulnerability reports submitted through the bug bounty platform and disclosed them to affected customers to claim financial rewards.
Source:
HackerOne. More:
PCMag, Bob's Newsletter, and Slashdot
Tweets: @campuscodi, @_no__, @wpalant, @_mg_, @secretlyhidden1, @gossithedog, @k8em0, @ionut_ilascu, @j_opdenakker, @jespow, @hellnbak_, @jonathandata1, and @malwarejake
| Wall Street Journal: |
Sources: Klarna is nearing a deal to raise ~$650M mostly from existing investors led by Sequoia Capital at a ~$6.5B valuation, down from $45.6B in June 2021 — The deal would be a huge comedown for the company, which investors valued at $45.6 billion in 2021
More:
TechCrunch, Bloomberg, Giro's Newsletter, Financial Times, Observer, Crowdfund Insider, PYMNTS.com, TechCrunch, Protocol, Finextra, and Slashdot
Tweets: @jeffnolan, @eghosao, @stoneatwine, @pip_net, @timsteno, @joemccann, @lesliepicker, @dalygavin, @alderlaneeggs, @carnage4life, @danprimack, @stevekovach, @kr00ney, and @nope_its_lily
| Mark Gurman / Bloomberg: |
As Apple ramped up Mac chip investments, improvements in its other chips slowed down; sources: Apple Watch Series 8 may be able to tell if users have a fever — When it comes to Apple's chip advancements, the company's iPhone and watch are taking a back seat to the Mac.
More:
9to5Mac, MacRumors, 9to5Mac, 9to5Mac, Engadget, iPhone in Canada Blog, Softpedia News, The Verge, AppleInsider, iMore, Philip Elmer‑DeWitt, and AppleInsider. Tweets: @megaconstellati
| Yiwen Lu / Washington Post: |
RadioShack, purchased by private equity firm REV in 2020, reintroduces itself as a crypto exchange trying to attract users with a stream of often profane tweets — Gen Z may not be familiar with the RadioShack of their grandparents, but they're getting to know its replacement.
More:
Mashable, HotHardware, NBC News, and The Hill
| Chance Miller / 9to5Mac: |
Biden to award a posthumous Medal of Freedom to Steve Jobs for changing the way the world communicates and transforming the computer, music, and film industries — The Biden Administration has announced the recipients of the Presidential Medal of Freedom for this year.
More:
The White House, CNET, AppleInsider, San Francisco Chronicle, PhoneArena, Gizmodo, Cult of Mac, CNBC, BGR India, Agence France-Presse, Al Jazeera, PCMag, The Independent, WebProNews, Insider, Wall Street Journal, Fox News, Metro.co.uk, TheStreet, iMore, SlashGear, BetaNews, CRN, iPhone in Canada Blog, Digital Trends, Neowin, Appleosophy, Tom's Hardware, Bloomberg, Daring Fireball, The Mac Observer, Engadget, MacRumors, TechCrunch, The Verge, CNET, and iClarified
| Nelson Rauda Zablah / New York Times: |
How El Salvador President Nayib Bukele weaponized bitcoin to whitewash his government's growing authoritarianism on the world stage and spread local propaganda — SAN SALVADOR — Bitcoiners — enthusiasts of the world's most popular cryptocurrency — aren't supposed to trust government.Sponsor Posts
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