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December 5, 2022, 9:45 AM
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| Joshua Oliver / Financial Times: |
In an interview, SBF admits involvement in Alameda's largest uses of funds: spending $3B to buy out Binance's stake in FTX and pouring $4B into venture capital — Exchange's former CEO says he was close to key decisions at nominally separate trading firm — Speaking from his bed in Nassau …
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Wall Street Journal, The Guardian, Bloomberg, Decrypt, CryptoPotato, Wall Street Journal, Mailchimp, crypto.news, Inside Bitcoins, Axios, Bloomberg, Coinspeaker, Cointelegraph, The Block, Micky, Forkast, and CryptoGlobe
Tweets: @repmaxinewaters, @sbf_ftx, @autismcapital, @brian_armstrong, @billackman, @brian_armstrong, @autismcapital, @ivanthek, @bryvkin, @jbarro, @aosipovich, @warrendavidson, @wclementeiii, @adamsamson, @billackman, @tree_of_alpha, @interfluidity, @doombergt, @smdiehl, @bitfinexed, @chrismasterjohn, @birdyword, @doubleeph, @lilmoonlambo, @khalafroula, @kadhim, @twobitidiot, @wallstcynic, @alistairmilne, @theblock__, @smtuffy, @jbarro, @adamscochran, @ldrogen, @zerohedge, @tobi, @punk6529, @johnedeaton1, @adamscochran, @tomfitton, @iamdcinvestor, @mayazi, @twobitidiot, @byronyork, @danprimack, @basedkarbon, @coryklippsten, @intocryptoverse, @kadhim, @nntaleb, @brianstelter, @altcoindailyio, @doubleeph, @jimiuorio, @thedragonfeeder, @cgasparino, @sdatika1, @zerohedge, @caspiancey, @keubiko, @smtuffy, @mechmarkets, @antoniogm, @trungtphan, @ericbalchunas, and @nkulw
| Ankush Khardori / New York Magazine: |
Unlike Bernie Madoff, SBF has not confessed to any criminal conduct, arguing FTX's collapse was purely sloppiness, meaning a US prosecution could take some time — On December 11, 2008, Bernie Madoff was arrested and criminally charged with one of the biggest financial frauds in history … | Stephanie Murray / The Block: |
SBF says John Ray III is not working with him or responding to messages, claims Ray made false statements, and dodges questions on Alameda and loaning funds — - Sam Bankman-Fried is taking aim at John Ray, the new CEO of FTX, claiming he's been iced out after the firm filed for bankruptcy protection.
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The Block, Bloomberg, TheStreet, The Block on YouTube, crypto.news, and CoinGape
Tweets: @fintechintern, @jgreco, @fintechintern, @fintechfrank, @0xshual, @thescooppod, @jameswester, @adamscochran, @adamscochran, @adamscochran, @jchervinsky, @fintechintern, @du09btc, @philgomes, @caspiancey, @coinbureau, @josharnoldoh, @stephanie_murr, @alexisohanian, @senatorshoshana, @davidzmorris, @mylesudland, @mylesudland, @teanataylor, @altcoingordon, @crypto_crib_, @smtuffy, @smtuffy, @regulatoryjason, @degenspartan, @mdudas, @timccopeland, and @smtuffy
| James Vincent / The Verge: |
Stack Overflow temporarily bans users from sharing responses generated by ChatGPT, pending a final ruling; the site's mods say most ChatGPT answers are wrong — Stack Overflow, the go-to question-and-answer site for coders and programmers, has temporarily banned users from sharing responses generated by AI chatbot ChatGPT.
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Meta Stack Overflow and Tao of Mac
Tweets: @castillo__io, @halvarflake, @matthewcobb, @twenseleers, @monkchips, @caseyrosenthal, @strwbilly, @garymarcus, @psidium_, @jody_lecompte, @sameer_singh17, @harrisosserman, @m_nebra, @anildash, @tim_stevens, @hhariri, @jjvincent, @jjvincent, @v21, @0xabad1dea, @dcuthbert, @sina_lana, @halvarflake, @v21, and @vxunderground
| Ben Thompson / Stratechery: |
A look at the implications of OpenAI's ChatGPT, which has experienced an explosion of interest and led to questions about AI's impending impact on society — It happened to be Wednesday night when my daughter, in the midst of preparing for “The Trial of Napoleon” for her European history class …
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The Guardian, Moneycontrol, TechCrunch, ExchangeWire.com, Conversations with a Chat Bot, Mashable, and lcamtuf's thing
Tweets: @jdjkelly, @tqbf, @davidtsong, @goodside, @itstimconnors, @pmarca, @raphaelmilliere, @pwang, @levie, @sama, @gfodor, @michlbrmly, @elonmusk, @gfodor, @trungtphan, @markdistef, @ericrweinstein, @amasad, @anothercohen, @justinstorre, @carnage4life, @leyawn, @sama, @levie, and @autismcapital
| Simon Sharwood / The Register: |
Rackspace confirms a “security incident” impacted its hosted Microsoft Exchange services, leading to an “extended outage”; customers complain of poor support — Warns recovery could take several days and pledges better support after customer complaints
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DoublePulsar, Tech Monitor, DCD, Rackspace Email & …, InfoRiskToday.com, The Register, BleepingComputer, SecurityWeek, Search Engine Journal, iTnews, TechRadar, IT Management, Help Net Security, docs.rackspace.com, and DataBreaches.net
Tweets: @rackspace, @rackspace, @rackspace, @rackspace, @rackspace, @jwharris, and @rootsecdev
| Reuters: |
Source: Foxconn expects its Zhengzhou plant to resume full production in late December or early January, but plans may change; November revenue drops 11.4% YoY — Apple supplier Foxconn (2317.TW) expects its COVID-hit Zhengzhou plant in China to resume full production around late December to early January …
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9to5Mac, AppleInsider, Wall Street Journal, South China Morning Post, CNN, iPhone in Canada Blog, BGR, Philip Elmer‑DeWitt, Bloomberg, MacRumors, CNBC, Nikkei Asia, WRAL TechWire, Foxconn, Wccftech, The Information, Livemint, TechNode, and Wall Street Journal
Tweets: @peterhoskinstv and @sino_market
| Joe Rossignol / MacRumors: |
Kuo: mass shipments of Apple's AR/VR headset may be delayed until H2 2023, from the previously estimated Q2 2023, due to “software-related issues” — Mass shipments of Apple's long-rumored AR/VR headset may be delayed until the second half of 2023 due to unspecified …
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9to5Mac, iDownloadBlog.com, Wareable, Neowin, XDA Developers, iPhone in Canada Blog, Digital Trends, BGR India, iMore, SiliconANGLE, iThinkDifferent, Wccftech, Philip Elmer‑DeWitt, Appuals.com, AppleInsider, GSMArena.com, and Cult of Mac
Tweets: @mingchikuo, @mingchikuo, @mingchikuo, @rsgnl, @carnage4life, @mingchikuo, @rjonesy, @scobleizer, @rsgnl, and @mingchikuo
| Parikshit Mishra / CoinDesk: |
USDC stablecoin developer Circle terminates its plan to go public via a SPAC merger with Concord Acquisition Corp., announced in July 2021, by mutual agreement — The firm had announced plans to go public in July of 2021. — Circle, the company behind stablecoin USDC … | Tim Copeland / The Block: |
Orthogonal Trading defaults on eight loans to lending protocol Maple Finance totaling $36M, or ~30% of active loans on the protocol, likely due to FTX exposure — - Orthogonal Trading has defaulted on eight loans totalling $36 million on lending protocol Maple Finance.| Dan Milmo / The Guardian: |
A survey of 8,000 young people in nine European countries finds 34% say they have pirated content, 27% have trolled someone, 22% have incited violence, and more — EU-funded survey of people aged 16-19 finds one in four have trolled someone - while UK least ‘cyberdeviant’ of nine countries
Tweets: @dannyjpalmer, @rmcunliffe, @uel_news, @sarahchampionmp, @mattnavarra, @katebevan, and @_markmccormack
| Financial Times: |
Seeking to emulate BlackRock's Aladdin portfolio management system, State Street, Pimco, Amundi, and others are creating their own digital investment platforms — Companies including State Street and Pimco compete to capture slice of outsourced IT servicesSponsor Posts
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