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November 21, 2022, 8:40 AM
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memeorandum
WeSmirchTop News
| Sunil Jagtiani / Bloomberg: |
Crypto prices sink, with bitcoin dropping ~4% and ether ~7%, dragged down by the ongoing FTX saga, potential contagion, and the FTX hacker offloading ether — Cryptocurrency prices struggled Monday in the ongoing crisis sparked by the downfall of Sam Bankman-Fried's once powerful FTX empire.
More:
Decrypt, CNBC, The Block, CoinDesk, CoinGape, Cryptonews, Bitcoinist.com, Crypto Adventure, Coinspeaker, Forkast, The Block, and Cryptopolitan
Tweets: @paulg, @vitalikbuterin, @arkhamintel, @thestalwart, @allnick, @btc_jacksparrow, @blockgraze, @fatmanterra, @thestalwart, @coinmamba, @pmarca, @amasad, @cburniske, @umbrella_uni, @sassal0x, @macnbtc, @pollo2x, @leadlagreport, @lookonchain, @peckshieldalert, @peckshieldalert, @mcopelov, @tree_of_alpha, @markets, @carnage4life, and @peckshieldalert
| Stephanie Murray / The Block: |
DCG's Grayscale refuses to share proof of reserves, citing “security concerns”, as Grayscale Bitcoin Trust reaches new lows and DCG's Genesis halts withdrawals — Grayscale will not show proof of reserves due to “security concerns,” after its bitcoin and ether products fell to all-time lows this week.
More:
Grayscale, Web3 is going just great, Crypto Daily, Coinbase, Cryptonews, CoinGape, The Daily Hodl, and WTF happened in bitcoin …
Tweets: @grayscale, @grayscale, @ergobtc, @ap_archpublic, @twobitidiot, @freemrktcptlst, @nategeraci, @silvermanjacob, @miyuki__eto, @btc_charlie, @twobitidiot, @julianhosp, @tradinglatino, @kimdotcom, @endorsen, @poordart, @mtrl_scientist, @dylanleclair_, @ergobtc, @mayazi, @bradmillscan, @zhusu, @stockgeektv, @hodlkryptonite, @rewkang, @ap_archpublic, @odell, @byzgeneral, @sobylife, @alphaketchum, @gurgavin, @coffeebreak_yt, @real_vijay, @doveywan, @hodlkryptonite, @devchart, @0xfoobar, @0xfoobar, @hodlkryptonite, @jordanschachtel, @apedurden, @jordanschachtel, @twobitidiot, @wublockchain, @thecryptolark, @patregnier, @autismcapital, @smtuffy, @grayscale, @chainlinkgod, @bradmillscan, @ldrogen, @hodlkryptonite, @joshbobrowsky, @adamscochran, @ap_archpublic, @davidbelle_, @jseyff, and @newsasset
| Alex Weprin / The Hollywood Reporter: |
The Walt Disney Company's board announces Bob Chapek will step down as CEO and be replaced by Bob Iger for two years effective immediately; stock jumps 8%+ — Disney's board of directors announced the move Sunday evening.
More:
The Walt Disney Company, CNBC, Wall Street Journal, TechCrunch, Deadline, Bloomberg, New York Post, CNN, Financial Times, The Wrap, Coinspeaker, Variety, Bloomberg, CNBC, The Guardian, The Hill, Fortune, Reuters, Dexerto, Transistori, Engadget, The Verge, iPhone in Canada Blog, and The Information
Tweets: @jacobrubashkin, @dkthomp, @dkthomp, @scottgustin, @carnage4life, @panzer, @rickporter, @caseynewton, @gtwscar, @levie, @sdkstl, @sub8u, @bchesky, @farhip, @gritgrowthcap, @thr, @kimmasters, @deadlinedominic, @karaswisher, @carnage4life, @benfritz, @scottgustin, @lucas_shaw, @davejorgenson, @big_business_, @jeff_delgado, @bchesky, @bdsams, @reckless, @stevekopack, @karaswisher, @eugenewei, @reedhastings, @jbflint, and @thatrebecca
| Paul Tassi / Forbes: |
Twitter's automated copyright strike system appears to be broken, as users upload full movies; some accounts with viral tweets were later suspended — While Twitter, the website, remains online and has not simply collapsed after the vast majority of workers were fired or resigned under Elon Musk …
More:
The Verge, Insider, Tech Advisor, Mashable, Newser, TechCircle, Appuals.com, TheGamer, Yahoo Lifestyle, Twitter is Going Great!, and Insider
| Mark Gurman / Bloomberg: |
Elon Musk's changes at Twitter threaten to set up a showdown with Apple and Google over in-app purchases for subscriptions and content moderation issues — Elon Musk's plan to turn Twitter into more of a subscription service threatens to set up a showdown with Apple and Google.
More:
MacRumors, Philip Elmer‑DeWitt, FOSS Patents, iMore, The Independent, and iPhone in Canada Blog
Tweets: @markgurman, @kinsellawarren, @jowyang, @samifathi_, and @newsynick
| Alexa Corse / Wall Street Journal: |
Elon Musk's Twitter starts the FIFA World Cup, traditionally one of the platform's busiest periods, with a depleted staff, potentially leading to serious issues — Employees have been working for weeks to prepare for the soccer extravaganza, a Twitter executive says
More:
The Guardian, The Guardian, Game Rant, Washington Post, Digital Trends, Android Police, and Deadline
Tweets: @elonmusk, @elonmusk, @zoeschiffer, @elonmusk, @rmac18, @marinahyde, @stokeyyg2, @lolacoaster, @siddarthpaim, and @carnage4life
| Bloomberg: |
Court documents: FTX owes $3.1B to its 50 biggest unsecured creditors, with claims ranging from $21M to $226M; ten claims are over $100M each — Sam Bankman-Fried's bankrupt crypto empire owes its 50 biggest unsecured creditors a total of $3.1 billion, new court papers show, with a pair of customers owed more than $200 million each.
More:
Wall Street Journal, The Guardian, New York Post, Livemint, Decrypt, Reuters, Fox Business, BBC, Silicon Republic, CryptoPotato, Bloomberg, crypto.news, CoinDesk, Washington Post, Crypto Daily, Coinspeaker, Cointelegraph, Financial Times, The Information, Cryptopolitan, The Hill, Watcher Guru, TheStreet, Cryptonews, Insider, SlashGear, PYMNTS.com, Slashdot, The Block, and Forkast
| Mark Niquette / Bloomberg: |
Donald Trump says he sees “a lot of problems at Twitter”, doesn't see any reason to return, and plans to stick to Truth Social — Donald Trump said he sees “a lot of problems at Twitter” and will stick to his own social-media platform, offering an initial response to Elon Musk's poll … | Reuters: |
More:
Engadget, International Business Times, Insider, Axios, New York Times, TheStreet, The Atlantic, crypto.news, MUO, Android Headlines, WRAL TechWire, TechSpot, CNBC, Slate, BGR India, Euphoric Recall, CBS News, Social Media Today, Super-Probably Relevant …, Gizchina, Semafor, The James Macpherson Report, Appuals.com, The Hill, The Block, Bloomberg, The Daily, Forbes, Associated Press, Reclaim The Net, The Guardian, New York Post, The i Paper, and Barron's Online
Tweets: @elonmusk, @mikeisaac, @jgreenblattadl, @willoremus, @porter_anderson, @amanbatheja, @nerdpyle, @themaxburns, @qjurecic, @repjimmygomez, @loic, @micsolana, @mmasnick, @danprimack, @barbmcquade, @redsteeze, @realsaavedra, @shelbytalcott, @hankgreen, @mediaite, @micaheadowcroft, @brianstelter, @sivavaid, @bajarin, @dangillmor, @mikeelgan, @frankfigliuzzi1, @nouriel, @brianklaas, @dangolding, @alisonstewart, @karaswisher, @digiphile, @omarbaddar, @tedcruz, @jordanbpeterson, @wajahatali, @gruber, @maggienyt, @davidplouffe, @davidsacks, @mcuban, @kurtbardella, @karaswisher, @drufball, @markos, @bfriedmandc, @enertuition, @rmac18, @antoniogm, @brianbanks, @danprimack, @tomcoates, @nickbilton, @penamerica, @karaswisher, @karaswisher, @danprimack, and @willoremus
| Washington Post: |
US government officials worry over Twitter's potential demise, arguing the platform is one of the most effective emergency communication tools — LOS ANGELES — Kate Hutton was watching a Dodgers game one Friday night when she saw something strange in the outfield: The foul poles swayed, her TV feed trembled.
More:
Gizmodo and Associated Press
Tweets: @calimapnerd, @bri_sacks, @akinunver, and @augensteinwtop
| New York Times: |
Online sports betting companies are cutting big deals with US colleges to promote gambling to students, like Caesars Sportsbook's $8.4M deal with Michigan State — In order to reap millions of dollars in fees, universities are partnering with betting companies to introduce their students and sports fans to online gambling.
Tweets: @nytimes, @arpitrage, @mattzeitlin, @carnage4life, @mattbrownep, @julibriskman, @timothypmurphy, @jeffjohnroberts, @nkulw, @_zeets, @jbarro, @austen, @reignofapril, @rtmannjr, @davidenrich, @jonbernhardt, @savan_kotecha, @kenvogel, @michaelrwear, @davidenrich, @conor64, @ibjiyongi, @joshtpm, @fordm, @smbrnsn, and @jordanzakarin
| Hannah Murphy / Financial Times: |
An interview with Brian Armstrong on crypto and economic freedom, Coinbase's “no politics in the workplace” policy, the crypto downturn, regulation, and more — Ahead of my lunch with crypto exchange chief Brian Armstrong, his team tell me they had tried to find a decent restaurant …
More:
CoinJournal. Tweets: @joshspero, @mshannahmurphy, @petersgoodman, @adamlashinsky, @johnthornhillft, and @henryfarrell
| Laura Hazard Owen / Nieman Lab: |
A look at things journalism could lose if Twitter dies: real-time feedback on stories, news outlets being publicly called out, DMs as a reporting tool, and more — Goodbye to screenshotted best bits, DMs, “that tweet should be a story”... “If Twitter goes away my job would actually be really different,” I told my husband this week.Sponsor Posts
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