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March 27, 2023, 6:05 PM
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memeorandum
WeSmirchTop News
| CFTC: |
The CFTC sues Binance, CEO CZ, and a former chief compliance officer, calling the company's compliance efforts “a sham” and its structure “intentionally opaque” — Washington, D.C. — The Commodity Futures Trading Commission today announced it has filed …
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Wall Street Journal, CNBC, Web3 is Going Just Great, CoinDesk, PYMNTS.com, Livemint, The Information, The Verge, SiliconANGLE, Bloomberg, TechCrunch, The Block, CNN, The Guardian, Financial Times, Blockworks, crypto.news, Reuters, CryptoSlate, Inside Bitcoins, Engadget, ZyCrypto, Crypto Daily, Forkast, Fortune, CoinGape, Wccftech, Coinpedia Fintech News, CryptoPotato, CoinDesk, Crowdfund Insider, Cointelegraph, Watcher Guru, Bitcoinist.com, Finextra, Crypto Briefing, Bitcoin News, The Daily Hodl, Cryptonews, Decrypt, and Nikkei Asia
LinkedIn:
John Reed Stark. Mastodon:
@GossiTheDog@cyberplace.social and @caseynewton@mastodon.social
Tweets:
@cz_binance, @tier10k, @tier10k, @adamscochran, @kadhim, @web3isgreat, @iampaulgrewal, @jesse_hynes, @aaberwick, @web3isgreat, @web3isgreat, @opinion, @imnotthewolf, @tier10k, @tree_of_alpha, @adamscochran, @dogetoshi, @kadhim, @kimdotcom, @nikhileshde, @ragingventures, @autismcapital, @tree_of_alpha, @cftc, @darealmilkbagz, @web3isgreat, and @thestalwart
| Matt Levine / Bloomberg: |
The CFTC's case vs. Binance is mainly about US clients, like high-frequency trading firms in NYC and Chicago, using an unregistered crypto derivatives exchange — Binance — A decent rule of thumb is that all cryptocurrency exchanges are doing crimes, and if you're lucky your exchange is doing only process crimes.
More:
The Information, Blockworks, Protos, The Block, and The Economic Times
Tweets:
@emilydparker, @web3isgreat, @web3isgreat, and @anthony
| Daniel Taub / Bloomberg: |
First Citizens agrees to acquire Silicon Valley Bank's commercial banking business from the FDIC, including all deposits and loans, at a $16.5B discount — First Citizens BancShares Inc. agreed to buy Silicon Valley Bank which was seized by regulators following a run on the lender.
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FDIC, TechCrunch, Axios, Silicon Valley Business …, Gizmodo, Associated Press, The Hill, News Release Archive, Associated Press, Watcher Guru, CNBC, Cointelegraph, Bitcoin News, Reuters, Financial Times, New York Times, ExchangeWire.com, Coinspeaker, Ethereum World News, WRAL TechWire, Bitcoinist.com, Livemint, Cryptopolitan, Business Post, CoinDesk, Washington Post, GeekWire, Inside Bitcoins, The Information, The Verge, and MarketWatch
LinkedIn:
Jon Winick, Zack Ellison, Alois Pirker, Andrea Lisi, and Trefor Bacon
Tweets:
@fdicgov, @business, @b6nbrown, @pitdesi, @ddayen, @matthewstoller, @mcbyrne, @bloombergtv, @axios, @firstcitizens, @washingtonpost, @om, @danprimack, @nmasc_, @om, @collins_belton, and @wideofthepost
| Frederic Lardinois / TechCrunch: |
Microsoft says Teams has 280M MAUs, up from 270M MAUs in January 2022, and the rebuilt Teams rolling out to Windows' Public Preview program is twice as fast — Teams, Microsoft's Slack rival, has always had a bit of a reputation for being slow and resource-hungry.
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Microsoft 365 Blog, Microsoft Tech Community, Microsoft Design, Windows Central, CRN, BleepingComputer, The Verge, SlashGear, PCWorld, iPhone in Canada Blog, Microsoft Learn, Petri IT Knowledgebase, Engadget, Computerworld, Neowin, Tech Monitor, Digital Trends, Directions on Microsoft, The new @MicrosoftTeams …, OnMSFT.com, MSPoweruser, WinBuzzer, BigTechWire, MobileSyrup, VentureBeat, CNBC, XDA Developers, Thurrott, and TechRadar
LinkedIn:
Stefan Nordkamp, Nicole Herskowitz, and Chris Barry
Tweets:
@jeffteper, @archiecoder, @maryjofoley, and @mtholfsen
| Alex Hern / The Guardian: |
Nvidia CTO Michael Kagan says crypto does not “bring anything useful for society” and other processing power uses like AI are more worthwhile than mining crypto — Tech chief says the development of chatbots is a more worthwhile use of processing power than crypto mining
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Decrypt, PYMNTS.com, GameSpot, Digital Trends, Crowdfund Insider, ExtremeTech, TechSpot, Bitcoinist.com, Tom's Hardware, PC Gamer, CryptoSlate, Cryptonews, Dexerto, Wccftech, TechPowerUp, TweakTown, Notebookcheck.net, VideoCardz.com, Blue's News, CryptoGlobe, and Cryptopolitan
Tweets:
@mattturck, @carnage4life, @_danilo, @jgarzik, @hkanji, and @investroiss
| Dustin Volz / Wall Street Journal: |
Biden signs an EO limiting US agencies' use of hacking tools from companies that are linked to human rights abuses or are deemed to pose national security risks — Officials say at least 50 U.S. personnel overseas had been compromised by commercial spyware
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New York Times, Washington Post, TechCrunch, CyberScoop, PCMag, The Record, The Verge, The White House, Reuters, Engadget, SC Media, Axios, Neowin, CircleID, Federal Computer Week, NBC News, The Hill, Associated Press, PaymentSecurity.io, Nextgov, and Slashdot
Mastodon:
@riana@mastodon.lawprofs.org and @howelloneill@infosec.exchange
Tweets:
@jsrailton, @wcathcart, @davidakaye, @nicoleperlroth, @ericgeller, @runasand, @jsrailton, @jsrailton, @dnvolz, @lorenzofb, @nicoleperlroth, @artemisseaford, @dnvolz, and @fpwellman
| Emma Roth / The Verge: |
Zoom partners with OpenAI to expand its Zoom IQ assistant with features to generate whiteboards from text prompts, recap meetings, summarize threads, and more — Zoom has become the latest productivity app to expand its use of artificial intelligence. In a blog post published on Monday …
More:
Zoom Blog, Gizmodo, CNET, Silicon Republic, ZDNet, Yahoo Finance, and Computerworld
| Rohan Goswami / CNBC: |
Lyft co-founders Logan Green and John Zimmer plan to step down as CEO on April 17 and president on June 30; ex-Amazon executive David Risher is set to be CEO — - Lyft's cofounders, Logan Green and John Zimmer, will step back from their day-to-day roles as CEO and president, respectively.
More:
Wall Street Journal, Lyft, TechCrunch, New York Times, Bloomberg, and Fast Company
Tweets:
@johnzimmer, @logangreen, @patphelan, and @eringriffith
| Sarah Zheng / Bloomberg: |
Kaspersky: some versions of Pinduoduo, which Google suspended from its app store, exploited Android vulnerabilities to install backdoors and access user data — Security researchers at Moscow-based Kaspersky Lab have identified and outlined potential malware in versions …
More:
Ars Technica, iPhone in Canada Blog, Candid.Technology, and Slashdot
| Juli Clover / MacRumors: |
Apple debuts iOS 16.4 with 21 new emoji, Safari push notifications for web apps on the Home Screen, Voice Isolation for calls, Crash Detection tweaks, and more — Apple today released iOS 16.4, the fourth major update to the iOS 16 operating system that initially came out last September. iOS 16.4 comes …
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Emojipedia, Apple Support, CNET, ZDNet, Insider, MacStories, The Verge, AppleInsider, KnowTechie, Cult of Mac, Tom's Guide, The Apple Post, Michael Tsai, The Mac Observer, 9to5Mac, AppleInsider, XDA Developers, Neowin, Forbes, Cult of Mac, iClarified, BGR, Wccftech, and Technical Ripon. Mastodon:
@simon@fedi.simonwillison.net
| Larry DiTore / The Block: |
Filing: MicroStrategy bought 6,455 BTC for ~$150M from February 16 to March 23 at an average price of $23,238; the company held ~$4.14B worth of BTC on March 23 — - MicroStrategy now has a little more than $4 billion worth of bitcoin in its corporate coffers.
More:
Bloomberg, ZyCrypto, Bitcoinist.com, BTC Times, Inside Bitcoins, Blockworks, Watcher Guru, Cryptopolitan, Ethereum World News, Bitcoin News, CryptoSlate, Decrypt, CoinJournal, CryptoPotato, Cointelegraph, and Forkast
Tweets:
@saylor, @coinmamba, and @mattzeitlin
| Kat Tenbarge / NBC News: |
A look at the non-consensual deepfake porn economy, from finding services in top Google results to boosting them via ad campaigns on social networks and Pornhub — The nonconsensual deepfake economy has remained largely out of sight, but it's easily accessible and some creators can accept major credit cards.
Tweets:
@jasonabbruzzese and @kattenbarge
| Richard Milne / Financial Times: |
Ammo maker Nammo says its growth is limited by a TikTok data center using all the spare electricity, as energy demand across industries grows in the Nordics — Norwegian group Nammo blames ‘storage of cat videos’ for threatening its growth as data centre corners spare electricity
More:
Insider, TechSpot, and PCMag
Tweets:
@maxseddon, @klonkitchen, @oajonsson, @emmavj, @emilygorcenski, @fbermingham, @stokel, and @christopherjm
| Joseph Menn / Washington Post: |
Many of the top VPN services and mobile apps, some with 100M+ downloads, have misled users about their practices or disguised their origins, like ties to China — SAN FRANCISCO — As Congress weighs an unprecedented ban of the wildly popular Chinese-owned TikTok over supposed security concerns …
Tweets:
@thisiswenhao
| Matt Burgess / Wired: |
Porn creators in Germany face fines and imprisonment as regulators use AI to spot porn not protected by age verification tech on social media and messaging apps — Regulators are using an AI system to scan websites and messaging apps to find pornography. Creators face fines and potential prison sentences.
Tweets:
@mikestabile and @gadgetlab
| Margaux Nijkerk / CoinDesk: |
Polygon launches the mainnet beta of its zkEVM layer 2 scaling solution for Ethereum, three days after rival Matter Labs released its own zkEVM, zkSync Era — The release of Polygon's zkEVM comes just days after competitor Matter Labs released its own zkEVM, zkSync Era.
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crypto.news, ZyCrypto, NFTgators, CoinJournal, NewsBTC, Blockworks, Fortune, The Block, Cryptopolitan, Coinspeaker, Cointelegraph, and Decrypt
Sponsor Posts
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| Chris Welch / The Verge: |
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| Sarah E. Needleman / Wall Street Journal: |
LinkedIn:
Rob Schoeppe. Tweets:
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| Bloomberg: |
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Cryptonews, Bitcoinist.com, Crypto Daily, crypto.news, Inside Bitcoins, Cryptopolitan, CryptoSlate, CoinGape, Cointelegraph, Forkast, and Financial Times
LinkedIn:
Kelvin Low, Eugene Ng, and Kiuyan Wong
Tweets:
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| Pranshu Verma / Washington Post: |
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| Samriddhi Sakunia / Rest of World: |
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| ProPublica: |
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MakeUseOf. Mastodon:
@Viss@mastodon.social. Tweets:
@craigsilverman, @bryson_m, @propublica, @loh, @propublica, @craigsilverman, @phil_lewis_, @craigsilverman, @craigsilverman, @craigsilverman, @propublica, @lynnearnold, @ianfrisch, @modernwood, @craigsilverman, @zulaqi, and @propublica