Bitcoin is on track for its worst quarter since Q3 2011, dropping 56%, after falling as much as 4.4% to just above $19K on Thursday
Bitcoin is on track for its worst quarter in more than a decade, as more hawkish central banks and a string of high-profile crypto blowups hammer sentiment.
Sources: digital asset trading firm Genesis is potentially facing “hundreds of millions” of dollars in losses, partly through exposure to 3AC and Babel Finance
The DCG-owned trading colossus is said to have suffered nine-figure losses partly through exposure to Three Arrows Capital and Babel Finance.
Unity lays off over 200 people, or 4% of its workforce, two weeks after the CEO said at an all-hands meeting that there would not be any layoffs
Management at the company behind the free game development engine has been a ‘shit show’ recently, sources say
Apple says South Korean app developers can now use external payment methods from KCP, Inicis, Toss, and NICE by submitting a new version, reducing fees by 4%
Earlier this year, Apple announced that it would comply with a new law in South Korea that required the company to allow third-party payment providers in App Store apps. Source: Apple Developer .
OpenSea tells customers that an employee at email vendor Customer.io downloaded and sent email details to an external party, impacting almost all users
Opensea, the popular NFT marketplace that hit a colossal $13 billion valuation in January, is warning users of email phishing after a data breach. Source: OpenSea Blog .
Grayscale Investments sues the US SEC after the agency rejected its application on Wednesday to convert its flagship Grayscale Bitcoin Trust product to an ETF
The SEC rejected Grayscale's application to convert its Grayscale Bitcoin Trust to an exchange-traded fund earlier Wednesday.
Amazon documents show it will restrict items and search results related to LGBTQ people and issues in the UAE, after the Emirati government threatened penalties
Sales of items including flags and books were blocked in the country, where homosexuality is criminalized. — Give this article- - - Read in app
Samsung becomes the first to mass produce 3nm chips, beating TSMC, touting 45% lower power usage compared to 5nm chips, a 16% smaller surface area, and more
Samsung Electronics Co Ltd (005930.KS) said on Thursday it has begun mass producing chips with advanced 3-nanometre technology …
Apple's CarPlay update, demoed at WWDC, lets users navigate to a pump and buy gas from its dashboard
Apple Inc (AAPL.O) wants you to start buying gas directly from your car dashboard as early as this fall, when the newest version of its CarPlay software rolls out, accelerating …
EU lawmakers provisionally agree on anti-laundering rules for crypto, requiring verified customer identities for transfers between regulated digital wallets
The European Parliament and Council reached a provisional agreement to force crypto providers to provide identifying information …
Niantic, the company behind Pokémon Go, lays off 8% of its staff, around 85 to 90 people, and cancels four projects; Niantic was valued at $9B in November 2021
Gaming company Niantic Inc., which has struggled to find another big hit following its 2016 game Pokémon Go …
Section 230 is the last line of defense for online abortion speech, without which platforms could face legal liability for distributing abortion information
Dobbs should be a wake-up call for anyone seeking to undercut the immunity protections afforded by Section 230 of the Communications Decency Act.
Source: FTX walked away from a deal with Celsius after finding the crypto lender has a $2B hole in its balance sheet
- FTX was interested in making a deal with Celsius but walked away because of the state of its finances, two sources told The Block. — Celsius had a $2 billion hole in its balance sheet, one source s...
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
An investigation details an Indian hacking-for-hire scheme to obtain documents in legal cases, starting in 2013 and targeting 100+ US and European organizations
A trove of thousands of email records uncovered by Reuters reveals Indian cyber mercenaries hacking parties involved …
MarkSight: as crypto tumbles, the average price of Nvidia's GeForce 3080 on eBay dropped from $1,140 on April 30 to $710 on June 27
Bloomberg :
Researchers warn that some businesses exaggerate AI's capabilities, brewing misunderstanding and distorting policymakers' views of AI's power and fallibility
Google, Meta and OpenAI are investing heavily in the technology, which is increasingly capturing the public imagination
A Taiwanese minister and TSMC board member urges US Congress to pass the Chips Act, saying the pace of building TSMC's Arizona chip factory depends on subsidies
Ming-Hsin Kung, minister of Taiwan's National Development Council and a TSMC board member. https://www.washingtonpost.com/ ...
Filing: ex-Apple retail chief Ron Johnson's at-home tech setup company Enjoy files for bankruptcy less than a year after a SPAC merger and sells to Asurion
Enjoy Technology Inc., a retail startup founded by former Apple Inc. executive Ron Johnson, filed for bankruptcy on Thursday …
YouTube says channels can't hide subscriber counts starting on June 29 to fight fake accounts, and rolls out an “increase strictness” comment moderation setting
Spam isn't a new problem for social media, but everyone seems to agree that it's gotten a lot worse lately.
Experts say using period tracker apps does not necessarily put women at additional risk of prosecutions in the wake of SCOTUS overturning Roe v. Wade
London-based Snowplow Analytics, which helps companies collect and analyze customer data, raised a $40M Series B led by NEA, bringing its total funding to $55M
Snowplow Analytics Ltd., a startup that helps businesses collect and own their customer data, said today it has closed …
An in-depth look at the 2016 Bitfinex hack and US government's case against Ilya Lichtenstein and Heather Morgan, aka Razzlekhan, over alleged money laundering
The hackers had been inside the Bitfinex servers for weeks before attempting the heist. They'd watched users on the cryptocurrency exchange buy and sell Bitcoins. Tweets: @kaileyleinz , @chafkin , @c...
Firefox now offers a feature to strip some web trackers of Meta, HubSpot, and Marketo from URLs, following similar functionality in Brave
Release Notes tell you what's new in Firefox. As always, we welcome your feedback. Pieter Arntz / Malwarebytes Labs : Update now! Mozilla fixes security vulnerabilities and introduces a new privacy f...
Qurium report: 1M+ bots are targeting Iranian #MeToo activists on Instagram in a coordinated harassment campaign using social media marketing firms in Pakistan
Andrew Deck / Rest of World : Source: Qurium Media Foundation .
Google Workspace head Javier Soltero, who managed Google's productivity and collaboration tools including Gmail and Meet, is leaving the company on July 15
Aisha Counts / Protocol :
Interviews detail Didi's fall due to China's crackdown, losing $60B+ in market cap in one year and blindsiding executives, after its $4.4B US IPO in June 2021
It was an unusually frigid December weekend when Cheng Wei summoned his inner circle to his Beijing office. Tweets: @cocojournalist , @karisoo1 , and @donweinland Tweets: Coco Liu / @cocojournalist : ...
Researchers detail sophisticated malware targeting various routers and taking over Windows, macOS, and Linux devices, in North America and Europe for ~2 years
Dan Goodin / Ars Technica : Source: Lumen .
An investigation details an operation by Chinese hacking group APT40 to lure graduates who studied English into translating stolen documents via a front company
Thursday, June 30, 2022 // (IG): BB //Weekly Sponsor: Dataminr Tweets: Max Seddon / @maxseddon : “Chinese students have been lured to work at a secretive technology company that masked the true nature...
Mumbai-based GetVantage, which uses ML to offer $10K to $500K in revenue-based, equity-free capital to startups, raised $36M, bringing its total funding to $40M
Catherine Shu / TechCrunch :
London-based Shop Circle, which acquires and grows merchant e-commerce software, emerges from stealth with $65M across three rounds led by NFX and QED Investors
Christine Hall / TechCrunch :
Sources: Byju's laid off 1,500+ staff from Toppr and WhiteHat Jr, companies it acquired over the past two years, and nearly 1,000 from its core operations teams
Moneycontrol :
Elliptic: North Korea-backed hacking group Lazarus could be behind Harmony's ~$100M altcoin theft; the hack bore similarities to the $600M Ronin bridge attack
Margi Murphy / Bloomberg : Source: Elliptic Connect .
Sources: Tencent, ByteDance, and others lay off thousands of employees, after Chinese internet companies cut tens of thousands during regulatory crackdowns
Latest round of job cuts at Chinese tech giants comes even as Beijing signals easing of its regulatory campaign against the sector
Shares in SenseTime, China's most valuable AI company, fell 50%+ to HK$2.90, or $0.37, an all-time low and below the IPO price, after a lock-up period expired
Cheng Leng / Financial Times :
Officials in Zhengzhou, China, used a location-based health code system to prevent protests by forcing 1,000+ depositors of failing rural banks to quarantine
Financial Times : Tweets: @chinabeigebook , @ftchina , @mmaunder , @wessiedutoit , @empo11on , @dr_ulrichsen , @financialtimes , @alexisak , and @1br0wn Tweets: @chinabeigebook : “Just buying cold me...
Documents: Coinbase sold its intelligence-gathering tool Coinbase Tracer to ICE, letting the agency track bitcoin, ether, tether, and other crypto transactions
Sam Biddle / The Intercept :
Modular, which aims to simplify building AI systems by using “composable” common components, raised a $30M seed led by GV
Kyle Wiggers / TechCrunch :
Tel Aviv-based Cyolo, maker of zero trust security tech for employees connecting to their workplaces, raised a $60M Series B, bringing its total funding to $85M
Meir Orbach / CTech :
A look at YouTube “media critics”, who use humor to dissect the output of more popular YouTubers, discuss the absurdities of influencers, and more
South Korea's chip stockpile jumped 53.4% YoY in May 2022, the most in more than four years, suggesting a slowdown in demand for memory chips worldwide
Sam Kim / Bloomberg :
Shopify's new AI commerce stack
Their VP of Product digs into just-launched products to help entrepreneurs and developers build with the latest AI.
Email fatigue is real: Here's how smart email tools help you regain control
Picture this: It's Monday morning. You walk into the office feeling energized and ready to take on the week.
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.