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November 13, 2022, 9:55 AM
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Nikhilesh De / CoinDesk:
The Securities Commission of The Bahamas says it didn't order FTX to reopen withdrawals for Bahamas-based customers, refuting FTX's statement  —  FTX said last week it had allowed Bahamas-based customers to withdraw funds at its regulators' request.  —  Crypto exchange FTX was not required …
Financial Times:
FTX's balance sheet shows $900M in liquid assets the day before bankruptcy, including $470M in Robinhood shares owned by an SBF entity not in bankruptcy filings  —  Vast gap highlights the dire state of Sam Bankman-Fried's exchange before it collapsed into bankruptcy
Bradley Saacks / Semafor:
Sources: Sam Bankman-Fried and most of his inner circle are still in the Bahamas but many senior FTX employees left for Hong Kong and elsewhere in recent days  —  Nassau, Bahamas — Many of the dozens of senior employees who work at FTX in the Bahamas, where the embattled crypto exchange is headquartered …
CoinDesk:
FTX claims the company was hacked, telling users to delete FTX apps, not install app updates, and not to visit FTX.com, after $600M+ in crypto left its wallets
More: The Block, CoinDesk, Finbold, CryptoSlate, Kiffmeister Chronicles, Cryptopolitan, Financial Times, The Topic.Ai, The Block, Wall Street Journal, International Business Times, Stephen Diehl, Financial Times, Elliptic Connect, crypto.news, Watcher Guru, Crypto Spotlight and Briefs, Coinpedia Fintech News, CoinDesk, Security Affairs, Reuters, New York Times, Neowin, Fortune, Bloomberg, Bitcoin News, CNBC, Gizmodo, Mashable, The Hill, New York Post, Engadget, SlashGear, TechCrunch, Bloomberg, Washington Post, CoinGape, The Block, The Verge, Axios, The Teardown, Blockworks, CoinJournal, CryptoPotato, CNBC, Heretic Speculator, Insider, Financial Times, Bloomberg, Decrypt, CoinGeek, Crypto Adventure, Like What you see? …, Crypto Briefing, Crowdfund Insider, The Block, CryptoGlobe, Web3 is going just great, The Daily Hodl, Crypto Daily, Cointelegraph, Australian Financial Review, CoinDesk, The Block, CNBC, Slashdot, and CoinDesk
Tweets: @c7five, @jump_, @_ryne_miller, @_ryne_miller, @0xfoobar, @elonmusk, @meghankreynolds, @stephen_geiger, @concodanomics, @elonmusk, @zachxbt, @willmacaskill, @robdenbleyker, @bgurley, @zachxbt, @devchart, @autismcapital, @phil_lewis_, @0xtre, @zachxbt, @autismcapital, @edzitron, @dsquareddigest, @grdecter, @mudit__gupta, @spreekaway, @dogetoshi, @milkroaddaily, @wublockchain, @cryptoub, @vitalikbuterin, @autismcapital, @im_goomba, @grady_booch, @joshtpm, @caseynewton, @davidmweissman, @edvis100, @carnage4life, @rmac18, @matthew_d_green, @kuroxlb, @cd_hooks, @asanwal, @0xfoobar, @0xfoobar, @alexhern, @profjeffjarviss, @harryh, @menlobear, @dollarsanddata, @travisyost, @mattballen4791, @cz_binance, @lookonchain, @milesjennings, @weldpond, @levie, @jchervinsky, @ericjackson, @grdecter, @mathewi, @cgasparino, @gergelyorosz, @ashleevance, @jordanschachtel, @cryptodonalt, @justinbennettfx, @ericliptonnyt, @levie, @buccocapital, @route2fi, @autismcapital, @7im, @modestproposal1, @edzitron, @davidgokhshtein, @hunterwalk, @wallstreetsilv, @teroterotero, @rmac18, @cloud_opinion, @zachweinberg, @profjeffjarviss, @wublockchain, @autismcapital, @gergelyorosz, @carnage4life, @fintechfrank, @scupytrooples, @gordongoner, @erikvoorhees, @marionawfal, @jason, @ki_young_ju, @coinbureau, @nekoztek, @0xfoobar, @conejocapital, @bantg, @zachxbt, @marionawfal, @dylanleclair_, @dmitryopines, @iamdcinvestor, @functi0nzer0, @adamscochran, @mhonkasalo, @autismcapital, @noahpinion, @adamscochran, @219_eth, @cryptovinco, @0xwave, @tradermayne, @crypto_chase, @adamscochran, @iamnoahmiller, @themlpx, @tradermayne, @thedata_nerd, @219_eth, @abu9ala7, @tradermayne, @0xfbifemboy, @davidfbailey, @octal, @valueandtime, @whale_alert, @sassal0x, @jillrgunter, @josephpolitano, @asvanevik, @srpeterseth, @coinmamba, @ryansadams, @msuiche, @mrjasonchoi, @route2fi, @jonwu_, @minigrogu, @enjoyoor, @camirusso, @qtrresearch, @altcoinpsycho, @sobylife, @the_delysium, @punk6529, @0xquit, @nycsouthpaw, @titanxbt, @dannydiekroeger, @wassielawyer, @0xradar, @titanxbt, @azidynamics, @marionawfal, @gurgavin, @tittyrespecter, @statelayer, @arkhamintel, @beastlyorion, @loopifyyy, @jasonfurman, @altcoindailyio, @drericding, @loopifyyy, @peckshieldalert, @icebergy_, @degenspartan, @arthur_0x, @zachxbt, @tree_of_alpha, @219_eth, @generativist, @cryptokaleo, @statelayer, @robustus, @dtrain22k, @richerd, @rnr_0, @mhonkasalo, @investmentshulk, @peckshieldalert, @sassal0x, @marionawfal, @lawmaster, @richerd, @lefterisjp, @tree_of_alpha, @punk6529, @wublockchain, @stunlikes, @salsatekila, @gordongoner, @hsakatrades, @zackvoell, @jeffjohnroberts, @edzitron, @0xfoobar, @cryptotony__, @captaindefi2, @tszzl, @leonidasnft, @tradermayne, @magicaltux, @tree_of_alpha, @altcoinpsycho, @altcoinpsycho, @litcapital, @kdenkss, @sheldonevans, @davidinglestv, @quant_network, @parikpatelcfa, @tayvano_, @hsakatrades, @zachxbt, @bitboy_crypto, @watcherguru, @rmac18, @raypaxful, @cointelegraph, @coindesk, @altcoindailyio, @harrymccracken, @novogratz, @adamscochran, @mikeisaac, @stackersatoshi, @spectatorindex, @thecryptolark, @mikeisaac, @dogetoshi, @dogetoshi, @bitfinexed, @0xfoobar, @dylanleclair_, @bitboy_crypto, @dogetoshi, and @tackettzane
MacKenzie Sigalos / CNBC:
Report: FTX's legal and finance teams learned that SBF implemented a “back door” in FTX's bookkeeping system to alter financial records without alerting others
Molly White / Web3 is going just great:
Crypto.com CEO admits the company accidentally sent 320K ETH, or ~$416M, to another crypto exchange, Gate.io, later clarifying that all the funds were returned  —  A Twitter user posted Etherscan screenshots showing a massive flow of crypto from the Crypto.com cryptocurrency exchange to another exchange, Gate.io.
Ina Fried / Axios:
Sources: Twitter starts cutting an unspecified number of contractors in various fields, including content moderation, real estate, marketing, and others  —  After laying off half its staff earlier this month, Twitter on Saturday started culling its vast ranks of contract staff, sources confirmed to Axios.
Adrienne LaFrance / The Atlantic:
Elon Musk is failing to convince people that Twitter is a town square, telling users what they can and can't say for a laugh and charging $8 for the privilege  —  Recently, comedy clubs have begun doing this thing that seemed, when I first encountered it, both wildly hypocritical and more than a little sad.
Aisha Malik / TechCrunch:
YouTube is introducing a new “Live Q&A” feature to make it easier for creators to select and manage questions from viewers in the chat during livestreams  —  YouTube is introducing a new “Live Q&A” feature that is designed to make it easier for creators to interact with viewers during livestreams.
Kari McMahon / The Block:
London-based Archax, the UK's only digital asset exchange licensed by the Financial Conduct Authority, raised a $28.5M Series A led by investment firm abrdn  —  Archax, the UK's only digital asset exchange to be licensed by the Financial Conduct Authority, has raised $28.5 million in a Series A fundraising round.

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From Mediagazer

Amy Hawkins / The Guardian:
China sentences journalist Dong Yuyu, an ex-Nieman Fellow whose work has appeared in Chinese editions of the NYT and FT, to seven years in prison for espionage

Bron Maher / Press Gazette:
Publishers at The Guardian, The Boston Globe, and other outlets report more referral traffic from Bluesky than from X despite fewer followers on the former

Dominic Ponsford / Press Gazette:
Renewable energy exec Dale Vince says he's interested in buying The Observer to protect UK media plurality as there are “too many right-wing media barons”

More News

Clive Thompson / UX Collective:
A look at Mastodon's “antiviral” design and culture, where users push back at features and behaviors that promote virality, and embrace things that add friction

Earlier Picks

Jon Victor / The Information:
Source: the three co-founders of AI startup Laserlike, which Apple acquired in 2018, rejoined Google, including Apple search team lead Srinivasan Venkatachary
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