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June 10, 2023, 10:20 AM
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Karissa Bell / Engadget:
In an AMA on API changes, Reddit CEO Steve Huffman says the company can't “subsidize commercial entities”, criticized the Apollo developer's behavior, and more  —  “We'll continue to be profit-driven until profits arrive,” he said.  —  Reddit CEO Steve Huffman has finally spoken publicly …
Bloomberg:
A comparison between US data and 5,100 Stable Diffusion-generated images related to job title and crime finds the tool amplifies gender and racial stereotypes  —  Heather Hiles, chair of Black Girls Code  —  At Canva, whose visual communication platform has 125 million active users …
Sarah Zheng / Bloomberg:
In a virtual address to a conference in Beijing, OpenAI's Sam Altman called for global cooperation on AI safety and said China should help shape the guidelines  —  China should play a key role in shaping the artificial intelligence guardrails needed to ensure the safety of transformative new systems …
David Yaffe-Bellany / New York Times:
The founders of Three Arrows Capital spent the past year surfing, meditating, and traveling after their crypto hedge fund collapsed, while refusing to apologize  —  The implosion of Three Arrows Capital, a cryptocurrency hedge fund, devastated the industry.
Colin Wilhelm / The Block:
A US judge ruled in favor of the CFTC after Ooki DAO failed to respond to an enforcement action, setting a precedent that DAOs are liable for legal violations  —  - The Commodity Futures Trading Commission won a default judgement against Ooki DAO after the group failed to respond.
James Cirrone / Blockworks:
Crypto.com plans to shut down its institutional exchange service for US customers on June 21, citing “limited demand”; the closure doesn't affect retail users  —  The decision was made in light of “limited demand” among US institutions because of the “current market landscape”
Wall Street Journal:
An interview with Gary Gensler after the SEC's Binance and Coinbase lawsuits, which have existential stakes for the companies and could define Gensler's legacy  —  Agency chair focuses enforcement power on exchanges after earlier failures to subdue industry  —  WASHINGTON—Gary Gensler had seen enough.
Vitalik Buterin:
Ethereum must undergo three transitions while evolving from a young experimental technology into a mature tech stack: L2 scaling, wallet security, and privacy  —  Special thanks to Dan Finlay, Karl Floersch, David Hoffman, and the Scroll and SoulWallet teams for feedback and review and suggestions.
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Rosie Perper / CoinDesk:
Kraken launches Kraken NFT, a marketplace with 250+ NFT collections on the Ethereum, Solana, and Polygon blockchains, after a public beta debut in November 2022  —  Now out of its public beta test, the platform has expanded to include over 250 NFT collections.
Nikhilesh De / CoinDesk:
The US DOJ unseals a 2019 indictment charging two Russians with stealing ~647K BTC in the Mt. Gox hack and a 2016 filing charging one of them with running BTC-e  —  One of the individuals also operated BTC-e, the DOJ alleged.  —  The U.S. Department of Justice charged Russian nationals Alexey Bilyuchenko …

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Newest

Sandali Handagama / CoinDesk:
Nigeria's SEC orders that Binance halt operations in the country, deeming them illegal as the local unit is “neither registered nor regulated by the Commission”Find
15 minutes ago
Bloomberg:
A comparison between US data and 5,100 Stable Diffusion-generated images related to job title and crime finds the tool amplifies gender and racial stereotypesFind
3½ hours ago
Ashley Belanger / Ars Technica:
A look at Realtek's lawsuit accusing MediaTek of paying a company a “bounty” to file meritless US patent lawsuits to drive Realtek out of the TV chip marketFind
5½ hours ago
Wall Street Journal:
An interview with Gary Gensler after the SEC's Binance and Coinbase lawsuits, which have existential stakes for the companies and could define Gensler's legacyFind
8 hours ago
Sarah Zheng / Bloomberg:
In a virtual address to a conference in Beijing, OpenAI's Sam Altman called for global cooperation on AI safety and said China should help shape the guidelinesFind
8 hours ago
Morgan Sung / TechCrunch:
A Bluesky moderation policy change strains its relationship with Black users who expect a crackdown on bigotry even if it conflicts with its decentralized goalsFind
9 hours ago
The Block:
Sources: MoonPay gifted celebrities BAYC NFTs at the height of the crypto craze in late 2021; MoonPay says the NFTs weren't free and celebrities paid full priceFind
9 hours ago
Full Time-Sorted List

From Mediagazer

Meg James / Los Angeles Times:
Los Angeles Times Executive Editor Kevin Merida's staff meeting details: no masthead layoffs, 30-day notices for 56 guild members, and buyout options for some

Anne Steele / Wall Street Journal:
Sources: the D'Amelios partner with music label Firebird, which has set aside $20M, to form a company called DamGood Mgmt to manage social media influencers

Ginia Bellafante / New York Times:
A profile of New York Focus, a nonprofit news site launched in 2020 that covers the state government with seven reporters and editors and a $1M+ budget in 2023

More News

Jason Schreier / Bloomberg:
The Summer Games Fest, organized by video game personality Geoff Keighley in place of E3, features Xbox, Ubisoft, and Capcom shows, but the vibe is different

Earlier Picks

MK Manoylov / The Block:
Robinhood plans to end support for Solana, Polygon, and Cardano on June 27, following a company review in light of the SEC lawsuits against Coinbase and Binance
Isabella Simonetti / Wall Street Journal:
Antenna: Netflix gained more US subscribers from May 25 to May 28, after its password-sharing crackdown began, than in any other four days since at least 2019
Jon Porter / The Verge:
Spotify is testing Your Offline Mix, a new playlist feature that automatically saves a mix of users' recently played songs for offline listening
Rahat Sandhu / Reuters:
Binance.US suspends USD deposits and tells customers to withdraw their USD funds as its banking partners could stop fiat withdrawal channels as early as June 13
Ina Fried / Axios:
Mark Zuckerberg shared with employees Meta's plan to add generative AI text, image, and video tools to its products, such as Messenger, WhatsApp, and Instagram
Sam Sabin / Axios:
Google releases a conceptual framework for companies to quickly secure their AI systems against hackers trying to manipulate AI models or steal AI training data
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