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June 5, 2023, 7:15 AM
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| Lawrence Abrams / BleepingComputer: |
Atomic Wallet investigates user reports of compromised accounts and tries to block stolen crypto from being sold; a researcher says the hack could exceed $35M+ — The developers of Atomic Wallet are investigating reports of large-scale theft of cryptocurrency from users' wallets, with over $35 million in crypto reportedly stolen.
More:
Unchained Crypto, Decrypt, Cointelegraph, crypto.news, CoinDesk, Infosecurity, CryptoSlate, CryptoGlobe, Coinpedia Fintech News, Web3 is Going Just Great, Coinmonks, Cryptopolitan, Bitcoinist.com, International Business Times, Watcher Guru, Micky, CoinGape, CryptoPotato, The Daily Hodl, and Cryptonews
Tweets:
@atomicwallet, @atomicwallet, @zachxbt, @atomicwallet, @zachxbt, @zachxbt, @zachxbt, @peckshieldalert, @bleepincomputer, and @anbessa100
| Forbes: |
Interviews, pitch decks, and internal documents suggest that Stability AI CEO Emad Mostaque's recent success was bolstered by exaggeration and dubious claims — Stability AI became a $1 billion company with the help of a viral AI text-to-image generator and — per interviews with more than 30 people …
More:
Emad's Blog, The Verge, Music Ally, The Information, and The Overspill
Tweets:
@emostaque, @kenrickcai, @kenrickcai, @sarahnemerson, @hhelafifi, @emostaque, @arnicas, @joanwestenberg, @emostaque, @kenrickcai, @kenrickcai, @erichallahan, @rhodekill_, @tomgara, @neilturkewitz, @yoda, @kullar, @garrytan, @garrytan, @sarthakgh, @kenrickcai, and @ravenben. Thanks:@thealexknapp
| Cristiano Lima / Washington Post: |
Instagram reinstates Robert F. Kennedy Jr.'s account after he launched his presidential bid; he was banned in 2021 over false claims about COVID-19 and vaccines — The prominent anti-vaccine campaigner was suspended in 2021 for spreading misleading health claims.
More:
Insider, CNN, RADAR, New York Post, Breitbart, The Hill, Reuters, The Daily Caller, and Deadline
Bluesky:
@carnage4life.bsky.social, @kenwhite.bsky.social, @alkapdc.bsky.social, @shellen.bsky.social, and @jetjocko.bsky.social
Tweets:
@jack, @jack, @robertkennedyjr, @elonmusk, @ebakerwhite, @viacristiano, @azi, @robertkennedyjr, and @schmutzie. Thanks:@viacristiano
| Bloomberg: |
Sources: Binance's Richard Teng is the frontrunner to become CEO if CZ steps aside, as the succession issue becomes more urgent amid US regulatory scrutiny — In mid-May, cryptocurrency exchange Binance got some bad news in a far-flung corner of its sprawling universe.
More:
CoinDesk, Reuters, Coinpedia Fintech News, Bitcoinist.com, CryptoSlate, Watcher Guru, Cryptopolitan, Bitcoin News, and CoinGape
Tweets:
@wublockchain and @markets
| Reuters: |
Bank records: Binance executive Guangying Chen controlled five Silvergate Bank accounts from 2019 to 2020 belonging to its purportedly independent US affiliate — A senior Binance executive was the main operator for five bank accounts belonging to the giant cryptocurrency exchange's purportedly … | New York Times: |
Internal document: Twitter's US ad revenue from April 1 to the start of May dropped 59% YoY to $88M; sources say that performance is unlikely to improve soon — In internal forecasts, the company projected that ad sales would keep declining, handing a tough challenge to its new chief executive.| Marietje Schaake / Financial Times: |
Policymakers should not let tech executives shape the narrative that companies are best placed to regulate AI and should instead rely on independent oversight — Policymakers must not let complexity stop them from doing their job — The writer is international policy director …
More:
Foreign Affairs and Gizmodo
Tweets:
@wayneholmes, @histoftech, @garymarcus, @hackylawyer, @yannickmeneceur, @moonalice, @1br0wn, @craigjcalhoun, @martinsfp, and @lksriv
| Will Douglas Heaven / MIT Technology Review: |
A look at The Frost, a 12-minute movie created by Waymark using DALL-E 2, as startups like Waymark and Runway make AI tools for fast and cheap video production — Exclusive: Watch the world premiere of the AI-generated short film The Frost. — The Frost nails its uncanny, disconcerting vibe in its first few shots.
LinkedIn:
Theo Priestley and Niall Firth
Tweets:
@siggraph, @labenz, @d_id_, @tariqkrim, @gdalmiathinks, @stephen_parker, @bildoperationen, @juliewdesign_, @rainisto, and @fabianmosele
| Alyssa Mercante / Kotaku: |
A profile of Rachel Kowert, a video game research psychologist who believes games are a net good for society and its future due to “unintentional learning” — Dr. Rachel Kowert is a research psychologist who has been studying video games for 15 years — Dr. Rachel Kowert is a busy woman.
Tweets:
@drkowert, @danieljkelley, and @ralphjodicejr
| Madhumita Murgia / Financial Times: |
An interview with sci-fi writer Ted Chiang on AI's limits, how current machines lack consciousness, his 2010 book The Lifecycle of Software Objects, and more — The visionary author on the limits of AI, the uses of science fiction — and why there's a ‘market opportunity for volleyballs’| Yvonne Lau / Fortune: |
As TSMC plans to hire 4,500 workers at its two Arizona fabs, recruiters say the company's culture, rigid standards, and overseas training turn off candidates — On the Glassdoor profile of Taiwan Semiconductor Manufacturing Company, or TSMC—the world's biggest manufacturer of semiconductor chips …
More:
ChinaTechNews.com. Bluesky:
@carnage4life.bsky.social. Tweets:
@davenewworld_2 and @pstasiatech
| Tsubasa Suruga / Nikkei Asia: |
Preqin: in 2023 to May 31, VC funding in Southeast Asia reached $4B, down 65% compared to the first six months of 2022, as Grab and GoTo continue to slow down — Wary venture capital investors slash valuations of startups as interest rates rise — SINGAPORE — Funding for Southeast Asian startups …
Tweets:
@tito and @nikkeiasia
Sponsor Posts
Google:
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Generate videos with Veo 3 in Google Gemini — Create high-quality, 8-second videos with Veo 3, our state-of-the-art AI video generator. Try it with a Google AI Pro plan or get the highest access with the Ultra plan.
UiPath:
UiPath Unveils 10 Innovations that Will Shape the Agentic Future — Orchestration engine, API workflows and agentic testing among key features of new UiPath Platform™ for agentic automation, launched at UiPath DevCon 2025
UiPath Unveils 10 Innovations that Will Shape the Agentic Future — Orchestration engine, API workflows and agentic testing among key features of new UiPath Platform™ for agentic automation, launched at UiPath DevCon 2025
Zoho:
6 Tips to Unlock Revenue with Transactional Emails — This is a guest post by Tabular.You might think of transactional emails as boring necessities, but the truth is, they're far more powerful than you realize.
6 Tips to Unlock Revenue with Transactional Emails — This is a guest post by Tabular.You might think of transactional emails as boring necessities, but the truth is, they're far more powerful than you realize.
IDrive:
Protecting your Cloud Applications Data — Backing up Office 365, Google Workspace, Dropbox & Box data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.
Protecting your Cloud Applications Data — Backing up Office 365, Google Workspace, Dropbox & Box data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.Featured Podcasts
Acquired:
The Steve Ballmer Interview
Learn the playbooks that built the world's greatest companies - and how you can apply them as a founder, operator, or investor.
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Lenny's Podcast:
Why Uber's CPO delivers food on weekends | Sachin Kansal
Interviews with world-class product leaders and growth experts to uncover actionable advice to help you build, launch, and grow your own product.
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Techmeme Ride Home:
Big Meta/Anduril Deal Is A Big Deal
The day's tech news, every day at 5pm ET. Fifteen minutes and you're up to date.
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The Social Radars:
Ron Conway, Founder, SV Angel Part 4 (Bonus)
Come be a fly on the wall as Y Combinator's Jessica Livingston and Carolynn Levy talk to some of the most successful founders in Silicon Valley about how they did it.
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Hard Fork:
The A.I. Jobpocalypse + Building at Anthropic with Mike Krieger + Hard Fork Crimes Division
The future is already here. Each week, journalists Kevin Roose and Casey Newton explore and make sense of the latest in the rapidly changing world of tech.
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The Logan Bartlett Show:
Rick Smith (CEO, Axon): The Wild Ride From Near-Bankruptcy to $50B+
A podcast hosted by Logan Bartlett, an investor at Redpoint Ventures, covering tech with industry insiders.
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