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June 29, 2022, 12:30 PM
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| Mark Kleinman / Sky News: |
Source: a British Virgin Islands court ordered the liquidation of Singapore-based Three Arrows Capital on June 27; Teneo will handle the insolvency process — A court in the British Virgin Islands has ordered the liquidation of Singapore-based Three Arrows Capital, underlining the crisis gripping …
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CoinDesk, The Block, Wall Street Journal, Protocol, The Block, CNBC, Bloomberg, Forbes, The Economic Times, Finbold, Cointelegraph, Blockworks, Coinspeaker, CryptoSlate, Decrypt, Crypto Briefing, Cryptonews, Ethereum World News, CoinDesk, and CryptoPotato
Tweets: @emilyjnicolle, @samrusani, @johnreedstark, @markkleinmansky, @john_acw, @twobitidiot, @dfjonsson, and @jamesplloyd
| Steven Ehrlich / Forbes: |
After providing $750M in credit lines, Sam Bankman-Fried says some crypto companies are “basically too far gone”, “bearish views on Tether are wrong”, and more — After throwing lifelines to troubled digital currency platforms BlockFi and Voyager Digital … | Evelyn Cheng / CNBC: |
The FCC's Brendan Carr writes to Apple and Google asking they remove TikTok from app stores over China-related security concerns or provide statements by July 8 — - Brendan Carr, one of the FCC's commissioners, shared Tuesday via Twitter a letter to Apple CEO Tim Cook and Alphabet CEO Sundar Pichai …
Source:
@brendancarrfcc. More:
Engadget, TechCrunch, Search Engine Land, PYMNTS.com, Silicon Valley Business …, Thurrott, Gizmodo, Computerworld, New York Times, The Hill, iMore, Telecoms.com, iPhone in Canada Blog, PCMag, Gizchina, 9to5Mac, Neowin, Fossbytes, Fortune, MacRumors, PhoneArena, TechSpot, The Economic Times, MacDailyNews, Patently Apple, AppleInsider, Dexerto, and Insider
Tweets: @jason, @ruima, @senrickscott, @joshuasteinman, @dancrenshawtx, and @blackamazon
| Josh Smith / Reuters: |
Experts say the crypto crash has wiped out millions of dollars stolen by North Korean hackers, threatening a key source of funding and its weapons programs — The nosedive in cryptocurrency markets has wiped out millions of dollars in funds stolen by North Korean hackers, four digital investigators say …
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Metacurity, PR Newswire, Coincub, Decrypt, Ethereum World News, CryptoSlate, CoinGape, Cointelegraph, Crypto Adventure, Benzinga, CoinQuora, Finbold, CryptoPotato, Cryptopolitan, and iTnews
Tweets: @kimzetter, @joshjonsmith, @joshjonsmith, @joshjonsmith, and @joshjonsmith
| Michael Bellusci / CoinDesk: |
CoinFlex CEO Mark Lamb says crypto investor Roger Ver owes the exchange $47M in USDC, after Ver denied “some rumors” he defaulted on a debt to a counterparty — The crypto exchange is launching a recovery token because of debt owed by a high-net-worth customer.
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CoinFLEX, CNBC, Fortune, Bloomberg, CoinQuora, Blockchain News, The Block, VICE, watcher.guru, Micky, Cointelegraph, and The Verge
Tweets: @rogerkver, @markdavidlamb, @fatmanterra, @markdavidlamb, @markdavidlamb, @markdavidlamb, @markdavidlamb, @pentosh1, @buttcoin, @bennetttomlin, @sniko_, @statelayer, @staringispolite, @0xfoobar, @autismcapital, @priapusiq, @thestalwart, @imnotthewolf, @lomahcrypto, @byzgeneral, @kevinmuir, @degenspartan, @buttcoin, @sunchartist, @iamroboneill, and @dejanroljic
| Bloomberg: |
Sources: Tesla laid off ~200 Autopilot workers, most of them hourly and focused on data labeling, and closes its San Mateo office, as part of broader reductions — Tesla Inc. laid off hundreds of workers on its Autopilot team as the electric-vehicle maker shuttered a California facility, according to people familiar with the matter.
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TechCrunch, Crunchbase News, CNBC, RTÉ, MobileSyrup, Wall Street Journal, Barron's Online, Insider, Coinspeaker, New York Times, The Verge, The Economic Times, Benzinga, Engadget, Silicon Valley Business …, and Los Angeles Times
Tweets: @ibd_ecarson, @carnage4life, @tslafanmtl, @scobleizer, @chrisabraham, @armano, @danahull, and @thestalwart
| Alex Heath / The Verge: |
Snap launches Snapchat+, offering exclusive, experimental, and pre-release Snapchat features for $3.99 per month, starting in nine countries — No, it doesn't let you turn off ads — Starting this week, Snap will begin offering an optional subscription called Snapchat Plus that unlocks exclusive and early access features.
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Daily Mail, Adweek, Reuters, PCMag, 9to5Google, Snap Newsroom, 9to5Mac, Engadget, TechCrunch, Bloomberg, Mashable, CNBC, TechSpot, and Variety
Tweets: @carnage4life and @alexeheath
| Raymond Wong / Input: |
Carl Pei says Nothing phone (1) will use the mid-range Snapdragon 778G+, not the high-end 8 Gen 1, citing a balance of cost, performance, and power consumption — By the time Nothing's July 12 launch event for the Phone (1) comes around, there won't be much (if anything) left to announce for the transparent Android smartphone.
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CNET, The Verge, Thurrott, Android Authority, Droid Life, 9to5Google, Android Headlines, Notebookcheck.net, PhoneArena, and Mashable
Tweets: @getpeid, @raywongy, @raywongy, @bengeskin, @ishanagarwal24, and @r3dash
| Stephen Alpher / CoinDesk: |
MicroStrategy purchased 480 bitcoins at a $20,817 average price from May 3 to June 28, bringing its holdings to 129,699, acquired for ~$3.98B or $30,664 each — The company disclosed the acquisition of another 480 bitcoins, bringing total holdings to 129,699 coins.
Source:
@saylor. More:
The Block, Cointelegraph, Bitcoin Magazine, Crypto Adventure, watcher.guru, CryptoSlate, Crypto Briefing, and CoinQuora
Tweets: @cz_binance, @cz_binance, @juthica, @bigcheds, @bitcoinbirch, @digitalassetbuy, @stephanlivera, @fomocapdao, @udiwertheimer, @ftx_access, @followtheh, and @hasufl
| Annie Armstrong / Artnet News: |
As crypto enters another winter, Jimmy Fallon, Serena Williams, Reese Witherspoon, Meek Mill, and other celebrities quietly remove their NFT profile pictures — Jimmy Fallon, Shonda Rhimes, Travis Barker, and Meek Mill are among the celebrities who have abandoned their NFT avatars.
Tweets: @sandofsky, @crypto_bobby, @ben_mckenzie, @thestalwart, @anthony, and @danielgothits
| Jonathan Stempel / Reuters: |
A federal judge rules former Uber CSO Joe Sullivan must face wire fraud charges for allegedly helping cover up a 2016 hack that exposed the data of 57 million — (Reuters) - A federal judge on Tuesday said a former Uber Technologies Inc security chief must face wire fraud charges …
More:
The Register, Silicon Republic, U.S. Department of Justice, iTnews, and Bloomberg
Tweets: @lorakolodny and @gossithedog
| Wall Street Journal: |
Internal documents from 2021 show Celsius issued large loans backed by little collateral while pitching itself as less risky than a bank with better returns — The lender had little cushion in the event of a downturn or mass withdrawals, investor documents show
More:
The Block, Finbold, Slashdot, and Crypto Briefing
Tweets: @wublockchain, @deitaone, @andrewscurria, and @goingparabolic
| Brendan Murray / Bloomberg: |
Experts express concerns over hackers commandeering ship controls, including automated steering and propulsion systems, despite efforts to address the issues — In February 2019, a large container ship sailing for New York identified a cyber intrusion on board that startled the US Coast Guard.
Tweets: @zschneeweiss, @jimpethokoukis, and @joshuasteinman
| David Yaffe-Bellany / New York Times: |
Forbes estimates the 16 richest crypto billionaires lost $59B+ between March and June, led by Binance's Changpeng Zhao, as retail investors suffer heavy losses — No cryptocurrency investor has been spared the pain of plunging prices. But the fallout from more than $700 billion in losses is far from even.
Tweets: @jnd3001, @yaffebellany, @emmabgo, @matthewstoller, and @andreasharsono
| Patrick McGee / Financial Times: |
Some VR developers express frustrations with Meta's Quest Store fees, a 30% cut for purchases and 15% to 30% for subscriptions, given Meta's criticism of Apple — Facebook parent faces backlash from developers and accusations of ‘hypocrisy’ over virtual reality store terms| Andrew Tarantola / Engadget: |
NOAA triples its weather modeling capabilities and doubles its storage by adding two General Dynamics supercomputers for $505M, each operating at 12.1 petaflops — Last year, hurricanes hammered the Southern and Eastern US coasts at the cost of more than 160 lives and $70 billion in damages.
More:
noaa.gov, The Next Platform, Nextgov, KMTV, Weatherboy, CNN, The Register, and FedScoop
Tweets: @ryanmaue, @nwscharlestonsc, and @pourmecoffee
| Jay Peters / The Verge: |
Meta tests Discord-like changes to Facebook Groups, adding a channels list in a left-aligned sidebar that can include audio rooms, text chats, and feed channels — New Groups changes seem inspired directly by Discord — Facebook Groups are about to get some big changes, and if you've used Discord …
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Meta, PCMag, MacRumors, BGR India, Never Fully Read, Android Central, Wccftech, Silicon Republic, Neowin, Android Headlines, Fossbytes, PhoneArena, TechRadar, Social Media Today, Search Engine Land, and 9to5Mac
Tweets: @metanewsroom, @alexeheath, @pierce, @alexvoica, @alexeheath, and @lucasmtny
| Megha Paul / Tech.eu: |
London-based Cleo, an AI-powered assistant that aims to help Gen Z users improve their financial health and wellbeing, raised an $80M Series C led by Sofina — The British company, which has a US-first growth strategy, will utilise the funding to continue its growth in the U.S., including a significant increase in employee headcount
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FinSMEs, UKTN | UK Tech News, Finextra, and Silicon Canals
| Bloomberg: |
A profile of ADT, which helps Google sell and install Nest smart home products, ahead of unveiling its ADT+ smart home security software and hardware in 2023 — Kneeling beneath a framed print of Thomas Kinkade's painting A Peaceful Retreat, Roli Chiu, alarm system installer …
Tweets: @austincarr
| Allyson Versprille / Bloomberg: |
Sources: the Treasury Department and IRS are likely to postpone a January 2023 starting date for crypto companies to track clients' captial gains and losses — The US government's bid to collect billions of dollars in taxes is hitting a snag, with the Biden administration poised to delay …
Tweets: @allyversprille
| Ingrid Lunden / TechCrunch: |
London-based Entrepreneur First, which invests in nascent startups, connects co-founders, and offers support, has raised a $158M Series C at a ~$560M valuation — Entrepreneur First made a name for itself a decade ago in its home base of London, and then further afield …
More:
Silicon Republic, FinSMEs, Tech in Asia, and Entrepreneur First
Tweets: @hzoete, @mattwichrowski, @seikatsu, @martinvars, and @matthewclifford
| Iain Martin / Forbes: |
A look at NGL, an app that lets Instagram users send anonymous DMs, and its content moderation challenges; Data.ai: NGL has 1.75M downloads since November 2021 — A new app that allows Instagram users to send anonymous messages is soaring in popularity - and renewing concerns about cyberbullying …
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TechCrunch, Mashable, and HITC
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