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May 15, 2022, 3:40 AM
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| Edward Ongweso Jr / VICE: |
Retail traders after Terra's crash: some say they lost their life savings, others shared suicidal ideation on forums, and some now realize it's a Ponzi scheme — It took less than a week for the third largest stablecoin and its ecosystem to become virtually worthless, wiping out countless traders' savings.
More:
Terra Research Forum, CNET, Forkast, Benzinga, Wccftech, The Economic Times, and Bloomberg
| Yogita Khatri / The Block: |
Over $1.2B of Luna Foundation Guard's bitcoin reserves remains unaccounted for; LFG had $2B+ in bitcoin reserves and loaned $750M to OTC firms and market makers — Quick Take — Luna Foundation Guard accumulated over $2 billion in bitcoin reserves and provided a loan of $750 million in bitcoin.
More:
Elliptic Blog, CoinDesk, Bloomberg, Ethereum World News, Cryptopolitan, BuzzFeed News, Terra Research Forum, and TradingBTC.com
Tweets: @terra_money, @venturecoinist, @lfg_org, @stablekwon, @cz_binance, @12yearoldwithcc, @yodaresearch, @maxberger, @wublockchain, @laurashin, @lex_node, @spideycyp_155, @stablekwon, @georgeselgin, @stablekwon, @christine_dkim, @nischalshetty, @lawmaster, @pedroexplore1, @freddieraynolds, @adamscochran, @0xfr_, @iamdcinvestor, @twobitidiot, @eric20token, @katie_martin_fx, @altcoinpsycho, @davidgokhshtein, @bennetttomlin, @ncweaver, @wormholecrypto, @mewn21, and @trader_xo
| Mike Masnick / Techdirt: |
Texas' content moderation law is clearly unconstitutional and forces social media services to allow a torrent of spam or face a deluge of frivolous litigation — So, I already had a quick post on the bizarre decision by the 5th Circuit to reinstate Texas' social media content moderation law …
More:
CNN, Washington Post, Wired, PC Gamer, and Tubefilter
Tweets: @txag, @gaberivera, @david_ingram, @simonw, @espinsegall, @jelenawoehr, @jesselehrich, @soonergrunt, @kevinmkruse, @4l0ts, @4l0ts, @jesselehrich, @edroso, @agraybee, @bkabak, @antonio, @xor, @steveklabnik, @jamesrbuk, @haircut_hippie, @theophite, @anamardoll, @theophite, @hippiegeekgirl, @theophite, @law_comedy, @szhang_ds, @errantstrategry, @popehat, @enternodecs, @ericgarland, @willoremus, @jason_kint, @b_fung, @willoremus, and @mmasnick
| Cat Zakrzewski / Washington Post: |
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CNN, Reuters, PCMag, Engadget, NetChoice, The Verge, Axios, Politico, Protocol, Bloomberg, and Tom Merritt Tech Newsletter
Tweets: @aricohn, @steve_vladeck, @aricohn, @acedtect, @japantimes, @philnobilejr, @statesman, @reckless, @sethabramson, @aricohn, @jkosseff, @aricohn, @aricohn, @aricohn, @aricohn, @aricohn, @aricohn, @aricohn, @mmasnick, @ctatech, and @mpetricone
| Peter White / Deadline: |
Sources: Netflix is exploring live streaming for its unscripted shows and stand-up specials, which would enable live voting for competitions — EXCLUSIVE: Netflix is going live for the first time. — Deadline understands that the streamer is exploring the launch of live streaming.
More:
Wall Street Journal, Engadget, AppleInsider, The Verge, PCMag, BGR, iMore, and Mashable
Tweets: @hradzka, @feuenfeu, @myrmecos, @jaycaruso, @bryandfischer, @tomfitton, @tobiasogforrest, @quellevousno2, @brockm, @adamholisky, @cameron, @rockstar_stocks, and @therajgiri
| Kellen Browning / New York Times: |
Twitch confirms the Buffalo gunman livestreamed Saturday's attack on its platform, saying it took his channel down within two minutes of the violence starting — Officials said the gunman broadcast the attack live on Twitch, the livestreaming site owned by Amazon that is popular with gamers.
More:
Associated Press, Buffalo News, New York Times, BNO News, Kotaku, Wall Street Journal, Rolling Stone, Dexerto, Variety, The Hill, ABC News, Mediaite, TheGamer, Insider, Deadline, and Associated Press
Tweets: @bobbyallyn, @kellen_browning, @bpdalerts, @bobbyallyn, @ghosted_sound, @iwriteok, @kellen_browning, and @mmasnick
| Mia Sato / The Verge: |
OpenSea says it rolling out a new system to detect and remove copycat NFTs and verify accounts in an effort to “improve authenticity” on the marketplace — The updates are an attempt to cut down on plagiarism and fakes — OpenSea is rolling out features to “improve authenticity” …
Source:
OpenSea Blog and OpenSea Blog. More:
Engadget, Gizmodo, Protos, Blockonomi, and Scott D. Clary's Newsletter
Tweets: @rjcc, @opensea, and @opensea_support
| Sohee Kim / Bloomberg: |
Sources: Samsung is talking to foundry clients about hiking chipmaking prices by up to 20% in 2022, joining TSMC and UMC, which are planning more price hikes — Samsung Electronics Co. is talking with foundry clients about charging as much as 20% more for making semiconductors this year …
More:
Nikkei Asia, AppleInsider, iPhone in Canada Blog, Tom's Guide, Slashdot, Engadget, The Register, The Korea Herald, Tom's Hardware, and Android Authority
Tweets: @trengriffin, @trengriffin, @dylan522p, @nikkeiasia, @nikkeiasia, @deccanherald, @dnystedt, @pelstrom, @soheefication, and @pstasiatech
| Kenrick Cai / Forbes: |
Material Security, which helps enterprises protect sensitive info stored in email accounts even if they are hacked, raises a $100M Series C at a $1.1B valuation — A growing wave of tech layoffs have given rise to remorseful CEOs' lamentations that they hired too quickly during the pandemic.
More:
Material Security, GovInfoSecurity, and SecurityWeek
Tweets: @material_sec, @kenrickcai, and @traestephens
| Benjamin Pimentel / Protocol: |
A Q&A with SEC Commissioner Hester Peirce, on her criticisms of the SEC's approach to crypto, chair Gary Gensler's leadership, being called “Crypto Mom”, more — SEC Commissioner Hester Peirce is celebrated in memes as “Crypto Mom.” She's considered crypto's staunchest ally …
Tweets: @cryptolawus, @benpimentel, @wilber54x, @xrpcryptowolf, and @owenthomas
| Arielle Pardes / Wired: |
Several women who attended Miami's Bitcoin 2022 conference were harassed and say the conference didn't enforce its anti-harassment policies — For some women, inappropriate conduct from other conference-goers continued to haunt them online. — Miami's annual gathering of Bitcoin zealots began with a bull.
Tweets: @wired, @basedkarbon, @do82nic, @mslopatto, @morganmeaker, @jasonfugate98, @gregarious, @ralexjimenez, and @pardesoteric
| Charlize Alcaraz / BetaKit: |
Montreal-based Vention, which develops software to help companies automate their production floor, raises a ~$95M Series C led by Georgian Partners — Montréal-headquartered industrial tech startup Vention has raised $123.7 million CAD ($95 million USD) in Series C funding.| New York Times: |
As the possibility of Roe v. Wade overturn becomes a reality, pro-choice activists and nonprofits are looking at crypto and DAOs to speed up fundraising — Activists and nonprofits are considering digital currencies as a way to raise funds. But can they really do anything other payment methods can't?
Tweets: @rjcc, @bradmichelson, @neerajka, and @aaronwall
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