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November 11, 2022, 9:25 AM
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Mediagazer
memeorandum
WeSmirchTop News
| Sam Bankman-Fried / @sbf_ftx: |
[Thread] FTX CEO Sam Bankman-Fried apologizes, says he “fucked up” and his priority is “doing right by users”, plans to raise funds and close Alameda, and more — 1) I'm sorry. That's the biggest thing. I fucked up, and should have done better.
More:
Reuters, The Block, The Information, Axios, CoinDesk, Poker.org, CryptoPotato, CNBC, Wall Street Journal, On my Om, VICE, Bloomberg, That Was The Week, CryptoGlobe, The Digital Assets Newsletter, and Inside Bitcoins
Tweets: @brian_armstrong, @handlerrich, @jespow, @sbf_ftx, @sbf_ftx, @autismcapital, @sbf_ftx, @tackettzane, @sbf_ftx, @cz_binance, @genesistrading, @sbf_ftx, @stoolpresidente, @grdecter, @sbf_ftx, @bondhack, @ercwl, @levie, @dsquareddigest, @daveleeft, @laurenberson, @bitboy_crypto, @joemccann, @p3b7_, @teo_leibowitz, @dogetoshi, @sbf_ftx, @jqt_web3vc, @doombergt, @jgarzik, @wublockchain, @marionawfal, @tackettzane, @loganbartlett, @danprimack, @cobie, @wassielawyer, @felixsalmon, @cobie, @noahpinion, @ianthetechie, @hsakatrades, @sbf_ftx, @ryansadams, @longshorttrader, @foldablehuman, @tackettzane, @autismcapital, and @moorehn
| Nikhilesh De / CoinDesk: |
FTX US tells users to close out positions as it may halt trading in days, hours after SBF said FTX US is “100% liquid”; some Tron-linked tokens can be withdrawn — Sam Bankman-Fried said the FTX US entity's users would be able to withdraw all their funds.
More:
The Block, Wall Street Journal, Coinspeaker, Bloomberg, Axios, and Cointelegraph
Tweets: @justinsuntron, @genesistrading, @ftx_official, @ftx_official, @tackettzane, @justinsuntron, @kateclarktweets, @sbf_ftx, @ftx_official, @ftx_official, @ftx_official, @crypto_noddy, @ftx_official, @austerity_sucks, @lawmaster, @inversebrah, @dogetoshi, @tier10k, @statelayer, @tree_of_alpha, @lmatsakis, @defiyst, @dogetoshi, @dogetoshi, @gainzy222, @nic__carter, @fatmanterra, @mdudas, @mrjasonchoi, @zoomerjd, @elitwilliams, @crypto_notte, @jasonyanowitz, @ki_young_ju, @davidiach, @asvanevik, @hosseeb, @statelayer, @rnr_0, @aradg11, @loopifyyy, @lookonchain, @macrocephalopod, @arthur_0x, @loopifyyy, @cryptomanran, @fatmanterra, and @ledgerstatus
| Nikhilesh De / CoinDesk: |
BlockFi pauses withdrawals and asks users not to deposit to its wallet or interest accounts, saying it can't operate normally amid “lack of clarity” around FTX — BlockFi had made a deal with FTX earlier this year. — Crypto Lender BlockFi said it could not conduct business …
More:
PYMNTS.com, The Information, Bloomberg, Fortune, and Trustnodes
| Bloomberg: |
More:
The Information, Fortune, CoinDesk, The Block, Coinpedia Fintech News, Bitcoin News, Coinspeaker, Australian Financial Review, tribune242.com, CoinDesk, Micky, The Guardian, CryptoPotato, and Financial Times
Tweets: @guardiannassau, @allnick, @kadhim, and @lowstrife
| Zane Tackett / @tackettzane: |
Tweets: @tackettzane, @tackettzane, @hsakatrades, @cobie, @tree_of_alpha, @cobie, @cobie, @stackersatoshi, @tree_of_alpha, @tackettzane, @adamscochran, @asiahodl, @lawmaster, @lawmaster, @ivangbi_, @0xhamz, @bongcapital, @alexandergerko, @bergealex4, @nathanlevy10, @timccopeland, @bitbitcrypto, @yannigiannaros, @awice, @ldrogen, @kale_abe, @sicarious_, and @wublockchain
| Wall Street Journal: |
More:
Finbold, CoinDesk, Blockonomi, IPE with SBB, Fortune, and Financial Times
| Alex Heath / The Verge: |
Sources: Twitter's chief privacy officer, CISO, and chief compliance officer have resigned; legal now asks engineers to “self-certify” compliance with FTC rules — Twitter's privacy and security teams are in turmoil after Elon Musk's changes to the service bypassed its standard data governance processes.
More:
Platformer, Coinspeaker, The Register, Metacurity, Politico, and Reuters
| New York Times: |
Interviews with 36 current and former Twitter employees detail the excruciating chaos during Elon Musk's first two weeks in charge — Mr. Musk ordered immediate layoffs, fired executives by email, laid down product deadlines and has transformed the company.
More:
The Verge and Aaron's Newsletter
| Bloomberg: |
More:
CNN and TechCrunch
Tweets: @robinw, @caseynewton, @kurtwagner8, @sarahfrier, @digiphile, @sarafischer, @jessicalessin, and @martinsfp
| Washington Post: |
Twitter employees are concerned by the rapid rollout of features without the security reviews required by the FTC's consent decree reached with Twitter in May — Yoel Roth had become the public face of Twitter's efforts to reassure users and advertisers the service would not become a ‘free-for-all’| Elizabeth Lopatto / The Verge: |
Twitter reactivates its gray “Official” badge for select high-profile accounts, after a wave of impersonators bought blue checks — Okay, so Twitter broke its own verification system by making the blue check — previously a signal that the account had provided information …
More:
TechCrunch, Gizmodo, Gizmodo, Android Headlines, Memeburn, TechCrunch, Bloomberg, Fortune, and Associated Press
| James Vincent / The Verge: |
More:
Engadget, AppleInsider, 9to5Mac, and Android Headlines
Tweets: @wongmjane, @jarjarfan69, @emeyersson, @schillingc, @mikesington, @digiphile, @morrison, @zhugeex, and @evan_greer
| Taylor Hatmaker / TechCrunch: |
More:
The Verge, Ars Technica, Wired, and The Daily Dot
Tweets: @elonmusk, @petefrasermusic, @drewharwell, @misterratt, @mcuban, @jsrailton, @andr6wmale, @jqt_web3vc, @kyleorl, @kyleorl, @sarahnadav, @vxunderground, @cstross, @enichan, @tomwarren, @patblanchfield, @asawinstanley, @twitchparody, @stanzipotenza, @dangeredwolf, @alexvtunzelmann, @joonlee, @davidmackau, and @mattbinder
| Financial Times: |
A look at Sam Bankman-Fried's rise and fall in DC: becoming the face of crypto regulation, proposing bills, and testifying to Congress before FTX collapsed — Sam Bankman-Fried sought digital asset legislation and donated heavily to Democrats — In less than four years …
More:
The Block, CoinDesk, and Cointelegraph
Tweets: @halocrypto, @reptomemmer, @lex_node, @niubi, @artofbagholding, @nic__carter, @bitboy_crypto, @mayazi, and @brucefenton
| Tracy Wang / CoinDesk: |
Current and former FTX and Alameda staff describe rampant conflicts of interest, nepotism, and a lack of oversight while SBF ran the companies with housemates — “The whole operation was run by a gang of kids in the Bahamas,” a person familiar with the matter told CoinDesk on condition of anonymity.
More:
Bloomberg, Financial Times, Ethereum World News, forum.effectivealtruism.org, Wall Street Journal, and The Block
Tweets: @howiebtc, @teddyschleifer, @0xstaxro, @edzitron, @wublockchain, @adamscochran, @ajs, @katie_martin_fx, @shiraovide, @coindesk, @webdevmason, @webdevmason, @cryptocred, @grindingpoet, @alphaketchum, @odddiligence, @inversebrah, @wassielawyer, @tier10k, @marchochstein, @bigblackjacobin, @backpackerfi, @edzitron, @ailseeingeyes, @jagoecapital, @timevalueofbtc, and @silvermanjacob
| Jason Del Rey / Vox: |
How Amazon's shopping experience, saturated with sponsored products, impacts sellers and consumers, as its ad revenue surpassed revenue from Prime in 2022 — Inside the under-the-radar business that makes more money than Amazon Prime. — Type any random product into Amazon's search bar and look closely at the results.
Tweets: @jeffnolan, @mbuguanjihia, @johnatmorales, @eric_seufert, @astaniscia86, and @delrey
| Erin Woo / The Information: |
Sources: at an all-hands, Elon Musk told staff that Twitter may have a “net negative cash flow” of billions in 2023 and “bankruptcy is not out of the question” — Elon Musk told Twitter employees on Thursday the company may have a “net negative cash flow of several billion dollars” …
More:
The Verge, Financial Times, and Gizchina
Tweets: @mikeisaac, @parismartineau, @zoeschiffer, @sacca, @dril, @mikeisaac, @shaun_vids, @oneunderscore__, @zoeschiffer, @amir, @pkafka, @lib_crusher, @jonrog1, and @tvietor08
| The Verge: |
More:
New York Times, Associated Press, CNBC, and hanwoolymammoth
Tweets: @zoeschiffer, @gergelyorosz, @kantrowitz, and @joshuatopolsky
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