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June 24, 2022, 1:10 PM
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| Brian Newar / Cointelegraph: |
Harmony stops its Horizon bridge between Ethereum, Binance Chain, and Bitcoin after a theft of ~$100M in altcoins; Harmony says its BTC bridge was not impacted — The layer-1 blockchain's main bridge between Ethereum, Binance Chain, and Bitcoin has been exploited for nine figures, but says its BTC bridge has not been affected.| Wall Street Journal: |
Sources: FTX is in talks to acquire a stake in BlockFi but no equity agreement has been reached; FTX gave the crypto lender a $250M credit line this week — FTX gave crypto lender a $250 million credit line this week — Crypto billionaire Sam Bankman-Fried has become a lender of last resort to his beleaguered industry.
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Decrypt, The Block, CoinDesk, Fortune, GRIT CRYPTO, and CryptoSlate
Tweets: @mayazi, @mslopatto, and @silvermanjacob
| Lauren Feiner / CNBC: |
Zendesk agrees to be acquired by an investor group in an all-cash deal valuing the company at ~$10.2B and will go private once the deal closes; stock is up 25%+ — - Customer experience software company Zendesk agreed to be acquired by an investor group in an all-cash transaction valuing it around $10.2 billion.
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TechCrunch, Silicon Republic, Business Wire, Crunchbase News, TechCrunch, Axios, and seeking disruption
Tweets: @julianklymochko and @chrija
| Aaron Tilley / Wall Street Journal: |
Walmart says its own hybrid cloud system now has 10K “edge nodes” across the US, helping to reduce costs by 10%-18% annually and lessen reliance on cloud giants — Retailer says new hybrid system allows the company to switch between cloud providers and its servers, saving time and money| Jonathan Greig / The Record: |
The CISA and the US Coast Guard Cyber Command warn companies of Log4Shell exploits in the wild, citing one incident of threat actors exfiltrating 130GB+ of data — The Cybersecurity and Infrastructure Security Agency (CISA) and the United States Coast Guard Cyber Command (CGCYBER) …
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CISA, Cybersecurity Dive, SecurityWeek, ZDNet, Security Affairs, Petri IT Knowledgebase, The Hacker News, Help Net Security, and BleepingComputer
Tweets: @uscert_gov and @therecord_media
| Oliver Knight / CoinDesk: |
Axie Infinity developer Sky Mavis plans to restart its bridge and reimburse ~$216.5M in USDC and ether on June 28 to the victims of the $625M Ronin bridge hack — A total of $216.5 million in USDC and ethereum at today's prices will be returned to users. — Sky Mavis, the developer behind …
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Bloomberg, Finbold, Gizmodo, Decrypt, CoinQuora, CryptoSlate, Tech in Asia, and Cryptonews
| Aoyon Ashraf / CoinDesk: |
Coinbase Derivatives Exchange plans to launch its first crypto derivatives product, Nano Bitcoin futures (BIT), at 1/100th of the size of a Bitcoin, on June 27 — Coinbase Derivatives Exchange hopes to capitalize on a market that is $3 trillion in volume worldwide and provide hedging options for traders.
More:
The Coinbase Blog, The Block, Bloomberg, crypto.news, Bitcoin News, CryptoPotato, Crypto Briefing, Blockworks, Cryptonews, and Decrypt. Tweets: @coindesk
| Cameron Thompson / CoinDesk: |
Binance launches Binance Institutional to let VIP and institutional investors trade digital assets; the service is not available to Binance.US customers — The exchange's release of Binance Institutional aligns with CEO Changpeng Zhao's commitment to expand and hire during the bear market.
More:
Decrypt, crypto.news, and Binance
| Natasha Lomas / TechCrunch: |
Italy's data watchdog finds a local web publisher's use of Google Analytics violated EU data protection rules due to privacy risks over data transfers to the US — Another strike against use of Google Analytics in Europe: The Italian data protection authority has found a local web publisher's use …
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gpdp.it, PYMNTS.com, Slashdot, Silicon Republic, Bestgamingpro, Bloomberg Law, International Association …, and Euractiv
Tweets: @benedictevans, @carnage4life, @privacydigest, @jeffjarvis, @hrbrmstr, @gavinsblog, @seyitaylor, @punk6529, and @slim404
| Davey Alba / Bloomberg: |
Source: in February, Meta started an official internal process to shut down CrowdTangle, but paused the plan as the EU's Digital Services Act gained traction — On May 17, as several states held their primary elections, Jesse Littlewood searched the internet using a tool called CrowdTangle … | Manish Singh / TechCrunch: |
Zomato acquires instant delivery service Blinkit, formerly Grofers, for $568.1M; Blinkit raised about $700M in total and was valued at $1B+ in 2021 — Zomato has acquired Blinkit, a struggling 10-minute grocery delivery startup, in a $568.1 million deal as the loss-making food delivery firm looks …
More:
Entrackr, The Economic Times, DealStreetAsia, and Nikkei Asia
| Leo Schwartz / Rest of World: |
Facebook has emerged in Mexico City as a low-cost alternative to food delivery services like Uber Eats and Rappi, as restaurateurs seek to avoid high fees — The platform has emerged as a hack around Uber Eats and Rappi's high fees. — • XOCHIMILCO, MEXICO
Tweets: @khushbuoshea, @anirvan, @leomschwartz, @lenton_chris, @cowvala, @kayla_s_stewart, @asayf, @mrstephendeng, and @brendawambui
| Maddie Ellis / Wall Street Journal: |
Instagram begins testing tools to verify ages, starting with 17 and under, using either Yoti's facial video analysis, photo IDs, or adults vouching for users — Meta's new policy will make it tougher for teens to update to adult accounts. But they can still lie about their age in the first placeSponsor Posts
TELUS Digital:
See how your customer experience priorities compare — TELUS Digital surveyed leaders about the tech they're investing in, the KPIs they're tracking and their plans for outsourcing. Get the results. No form fill required!
See how your customer experience priorities compare — TELUS Digital surveyed leaders about the tech they're investing in, the KPIs they're tracking and their plans for outsourcing. Get the results. No form fill required!
Intel:
Intel Delivers powerful CPUs for AI and Networking — With the onset of AI, businesses demand powerful and efficient CPUs. Explore new Intel Xeon 6 processors, for the broadest set of workloads with leadership performance and lower TCO.
Intel Delivers powerful CPUs for AI and Networking — With the onset of AI, businesses demand powerful and efficient CPUs. Explore new Intel Xeon 6 processors, for the broadest set of workloads with leadership performance and lower TCO.
Zoho:
The rise of AI in recruitment — Note: This is a guest post by our integration partner Ringover.AI has already begun transforming recruitment, but in the coming years, it will reach new heights.
The rise of AI in recruitment — Note: This is a guest post by our integration partner Ringover.AI has already begun transforming recruitment, but in the coming years, it will reach new heights.
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
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