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August 2, 2022, 3:30 PM
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| Brian Newar / Cointelegraph: |
Hackers drain nearly the entire $190.7M in crypto from the Nomad token bridge, which raised an April 2022 seed from Coinbase, OpenSea, and five other companies — Hundreds of potential exploiters appear to have drained all of the bridge's $190 million in TVL in just a matter of hours. — 57 Total views
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Web3 is going just great, Bloomberg, TechCrunch, Read and Share Twitter …, The Record, InfoRiskToday.com, Gizmodo, Protocol, The Verge, Inside Bitcoins, Bitcoin News, CNBC, Security Boulevard, Decrypt, Chainalysis, FXStreet, Crypto Briefing, CryptoSlate, and CoinDesk
Tweets: @samczsun, @nomadxyz_, @0xfoobar, @nomadxyz_, @samczsun, @mg_486662, @fatmanterra, @xiliangchen, @el33th4xor, @paradigmeng420, @0xfoobar, @moonbeamnetwork, @notifi_xyz, @mudit__gupta, @moonbeamnetwork, @silvermanjacob, @samczsun, @chainlinkgod, @nassyweazy, @moonbeamnetwork, @0xfoobar, @andysayler, @0xmisaka, @dzack23, @mmasnick, @cl207, @quantstamp, @cointelegraph, @jonrog1, @nickadobos, @0xfoobar, @benedictevans, @benedictevans, @levicook, @bradwilson, @matthuang, and @fatmanterra
| Mengqi Sun / Wall Street Journal: |
New York's State Department of Financial Services fines Robinhood's crypto unit $30M for allegedly violating anti-money laundering and cybersecurity regulations — The New York State Department of Financial Services alleges that Robinhood violated anti-money-laundering and cybersecurity regulations
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The Block, The Verge, GovInfoSecurity.com, Decrypt, PYMNTS.com, InfoRiskToday.com, Finbold, Protocol, CryptoPotato, Finextra, Fast Company, Bloomberg, Bitcoinist.com, CNBC, Cointelegraph, CryptoSlate, CoinGape, CoinDesk, Crypto Briefing, Four Eyes Finance, and Tech News
Tweets: @lex_node and @wsjmarkets
| Mitchell Clark / The Verge: |
Samsung launches its iFixit repair program, covering Galaxy S20, S21, and Tab S7+ devices; S22 flagships are not supported and the number of repairs are limited — But not its latest phones and tablets — Samsung and Fixit have launched their repair program that lets Galaxy S20, S21 …
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Samsung Newsroom, iFixit News, TechCrunch, CNET, PCMag, Engadget, ZDNet, XDA Developers, and 9to5Google
| Washington Post: |
Legal docs: in its Elon Musk lawsuit, Twitter subpoenaed info about Chamath Palihapitiya, David Sacks, Steve Jurvetson, Marc Andreessen, Jason Calacanis, others — Twitter has subpoenaed information about elite Silicon Valley investors Chamath Palihapitiya, David Sacks, and Steve Jurvetson
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Bloomberg, Insider, and Wccftech
Tweets: @jtlonsdale, @lizzadwoskin, @buccocapital, @faizsays, @arainert, @eriz35, @davidsacks, @pt, @eghosao, @davidsacks, @damianpaletta, @taylorlorenz, @xeni, @jason_kint, and @quinnypig
| Sofia Pitt / CNBC: |
Uber reports Q2 revenue rose 105% YoY to $8.1B, above $7.39B estimates, a $2.6B net loss, and mobility gross bookings up 55% YoY to $13.4B; stock jumps 15%+ — - Uber reported a net loss of $2.6 billion for the second quarter, $1.7 billion of which was attributed to investments and a revaluation of stakes in Aurora, Grab and Zomato.
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Bloomberg, PYMNTS.com, Fortune, Wall Street Journal, Financial Times, Bloomberg, New York Times, TechCrunch, The Verge, Finbold, Fast Company, Washington Post, The Guardian, Coinspeaker, and Reuters
Tweets: @thestalwart, @dondekojo, @eliotwb, @thestalwart, @ldignan, and @sub8u
| Bloomberg: |
The Chips and Science Act bars companies that get US federal funding from adding production of advanced chips in China, impacting Intel, TSMC, and others — As the US Congress passed an historic $52 billion federal program to boost domestic chipmaking capabilities, it included one significant caveat …
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Nikkei Asia, Tom Merritt Tech Newsletter, TechSpot, Appuals.com, Tom's Hardware, and TechNode
| Financial Times: |
Sources: Adam Mosseri plans to temporarily relocate to London and build out Instagram's presence over the coming months at Meta's King's Cross offices — UK capital will effectively become social media app's base as parent Meta battles TikTok — Instagram head Adam Mosseri is moving to London …
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The Guardian, Telegraph, CNBC, Digital Trends, and Protocol
Tweets: @oliverjhaslam, @jjvincent, @mmasnick, @atbwebb, @jamesglynn, @atbwebb, @janinegibson, @acookiecrumbles, @leokelion, @quinnypig, and @aulia
| Kyle Wiggers / TechCrunch: |
SEC filing: e-commerce marketing automation service Klaviyo raised $100M from Shopify; Klaviyo has raised ~$775M to date and was valued at $9.5B in May 2021 — Ecommerce marketing automation platform Klaviyo has received a $100 million strategic investment from Shopify … | Insider: |
As TikTok grows in the Middle East and North Africa, its regional content moderators complain of psychological distress and pay of around $2 to $3 per hour — - As TikTok gains in popularity in the Middle East and North Africa, it's ramping up its content moderation operation in the region.
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Newslit Daily. Tweets: @_rosiebradbury, @paleofuture, @zennie_fic, @eibroscheva, @frederickmelo, @ava_l_, @blackamazon, @scottnover, @cori_crider, @rinachandran, @benjanun_s, @niamh_mcintyre, @marleyjaybiz, @_rosiebradbury, @profdaveandress, @dmonett, @foxglovelegal, @wolfiechristl, and @shonaghosh
| Bill Toulas / BleepingComputer: |
CloudSEK researchers find 3,207 mobile apps exposing Twitter API keys to the public, potentially letting hackers take over associated users' Twitter accounts — Cybersecurity researchers have uncovered a set of 3,207 mobile apps that are exposing Twitter API keys to the public …
Source:
CloudSEK. More:
The Register, 9to5Mac, The Mac Observer, The Hacker News, Silicon Republic, Cybernews.com, Bob's Newsletter, fpt., Infosecurity, and SiliconANGLE
| TechCrunch: |
LA-based MarqVision, which uses AI to monitor marketplaces for counterfeits, including of NFTs, raised a $20M Series A led by DST Global and Atinum Investment — As of 2020, the clothing sector lost about $27 billion in annual sales due to counterfeits, an illicit trade that results in huge losses to both brands and buyers.
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SiliconANGLE, The Block, FinSMEs, and Waivly
| Shubham Saharan / Bloomberg: |
Parafin, which helps companies build financing arms to lend to SMBs, raised a $60M Series B led by GIC, bringing its valuation to $520M and total raised to $94M — Parafin, a financial-technology startup run by former Robinhood Markets Inc. staffers, raised $60 million in its second funding round.
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PYMNTS.com
| Reuters: |
Sources: Unity has sought investors to spin off its China unit, valued at $1B+ in the talks, to help it expand in the country, the world's biggest games market — Unity Software Inc(U.N), the U.S. developer best known for software used to design video games, is in talks to spin off …
Tweets: @therealjoshye
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