Toronto-based crypto lender Voyager Digital files for Chapter 11 bankruptcy protection in New York, estimating it has 100,000+ creditors and $1B-$10B in assets
The Toronto-based lender filed for Chapter 11 bankruptcy in New York late Tuesday. — Crypto lender Voyager Digital filed …
NIST selects four encryption algorithms designed to withstand future quantum computing hacking threats and underpin its future cryptography standards by 2024
For years, the National Institute for Standards and Technology have been working on a project to identify and vet a handful …
The UK proposes an Online Safety Bill amendment forcing tech companies to remove CSAM or Ofcom will fine them up to £18M or 10% of their annual turnover
Amendment to online safety bill would require tech firms to make their ‘best endeavours’ to deploy new technology
Nexo, a crypto lender managing assets for ~4M users, says it signed a term sheet to explore buying Vauld, which halted withdrawals and manages assets for ~100K
Good morning! Welcome to The Daily Moon. TikTok's former gaming head Jason Fung … Wayne Jones / crypto.news : H2O Waters Securities Launches First Crypto Water Token, Sequoia China $9 Billion Fundin...
The UK's CMA opens an investigation into whether Amazon distorts competition by favoring its own retail business or sellers that use its Prime services
Amazon is being investigated by Britain's antitrust watchdog over concerns that some of its practices in the UK may be anticompetitive and result in a worse deal for customers.
EU lawmakers pass the Digital Services Act and the Digital Markets Act, seeking to regulate US tech giants, but limited resources could hamstring enforcement
Good morning. It's a good day to be an NZ cricketer. Chris Smith / BGR : EU antitrust laws might force Apple to allow third-party app stores on iPhone Dean Takahashi / VentureBeat : European Union re...
Sources: the US is lobbying the Netherlands to ban ASML from selling its older deep ultraviolet lithography systems for making less-advanced chips to China
The US is pushing the Netherlands to ban ASML Holding NV from selling to China mainstream technology essential in making a large chunk …
Sources: Amazon will share more data with rivals and offer buyers a wider choice of products to assuage EU antitrust regulators, ending two high-profile probes
Agreement set to give more information to online platform's third-party sellers and close two probes
Amazon partners with Just Eat Takeaway to offer a free one-year Grubhub+ subscription to US Prime members; Amazon gets equity in Grubhub; DoorDash drops 9%+
Amazon tried but then ultimately stepped away from building its own cost-intensive Grubhub and DoorDash competitor in the U.S. back in 2019.
The UK's CMA opens an antitrust investigation into Microsoft's proposed Activision Blizzard acquisition, setting a September 1 deadline for its initial decision
- It marks one of the first probes by a major antitrust enforcer into the $68.7 billion deal, which was announced in January.
An unidentified hacker on a forum is selling 23TB+ of allegedly stolen data on up to 1B Chinese residents for 10 BTC, after breaching a Shanghai police database
Sarah Zheng / Bloomberg :
Crypto exchange Bitstamp plans to charge a monthly €10 fee for non-US accounts that are inactive for one year with a balance below €200, starting on August 1
Crypto exchange Bitstamp plans to charge a monthly “inactivity fee” for certain users, as the market downturn weighs on trading volume in the industry.
The DOJ hires former Microsoft chief economist Susan Athey as its top antitrust economist; sources say Athey will likely be recused from Apple and Google cases
Susan Athey, a Stanford University professor and former chief economist at Microsoft Corp., is joining the Justice Department as its top antitrust economist. Tweets: @samuelstolton , @joshgans , @tomv...
Meta open sources its AI translation model, which works across 200 languages, as part of its ambitious R&D project to create a “universal speech translator”
James Vincent / The Verge :
Source: Twitter is seeking to overturn some Indian government content takedown orders through a judicial review, alleging abuse of power by officials
Munsif Vengattil / Reuters :
Meta fintech head Stephane Kasriel says the company still plans to add NFT support to let creators monetize via cross-platform “memberships” and “subscriptions”
Social media group not adjusting ambitions ‘in any way’ despite crypto crash, says head of fintech
Sources: a senior Axie Infinity engineer was duped by a fake LinkedIn job ad before downloading a PDF containing spyware, leading to the $600M+ Ronin hack
- Hackers duped a senior engineer at Axie Infinity into applying for a job at a fictitious company.
As crypto markets tumbled, strict US regulatory rules on risky assets mostly insulated Wall Street from the chaos, while retail investors had no such safeguards
As cryptocurrency prices plunged and funds failed, strict rules on risky assets helped Wall Street companies sidestep the worst. Tweets: @drewharwell , @ianguider , @tphillips , @glastris , @drfarls ,...
The Senate Intelligence Committee asks the FTC to investigate whether TikTok misled US lawmakers about China-based ByteDance employees accessing US user data
Emily Baker-White / Forbes : Source: Select Committee on Intelligence .
Core Scientific, a top bitcoin miner with nearly 10% of the network's hash rate, sold 7,202 mined BTC for $167M in June and now holds 1,959 BTC
Thanks for reading Digital Gamma Weekly Commentary! Crystal Kim / Axios : Big crypto mining shop sells almost all its bitcoin Turner Wright / Cointelegraph : Core Scientific sold $167M worth of Bitcoi...
FIFA plans to introduce semi-automated offside technology at the 2022 World Cup with a custom soccer ball and 12 cameras to track 29 points on players' bodies
Experts say a dashboard used to manage the Shanghai police database was left exposed from April 2021 to June 2022, letting a hacker steal details on ~1B people
Cybersecurity experts say error allowed theft of records of nearly 1 billion people, leading to $200,000 ransom note Tweets: @bhuvanbagga , @_karenhao , @_karenhao , @karynelevy , and @_karenhao Tweet...
Sources: India's Enforcement Directorate raided Chinese smartphone maker Vivo's offices on Tuesday as part of an investigation into suspected money laundering
Aditya Kalra / Reuters :
Munich-based Celus, which uses AI to automate the circuit board design process from ideation to PCB, raised a €25M Series A led by Earlybird
Paul Sawers / TechCrunch :
Authentic Brands Group, which runs Forever 21, settles with Bolt Financial over claims its payments tech was faulty; ABG gets an undisclosed stake in Bolt
Lizette Chapman / Bloomberg :
Report: Google halts Play Store updates to KakaoTalk, a popular messaging app in South Korea, after Kakao continued using an external payment link in its app
Kate Park / TechCrunch :
IBM acquires Tel Aviv-based Databand, which develops observability tools for data and ML pipelines; Databand raised a $14.5M Series A in December 2020
Kyle Wiggers / TechCrunch :
Blockchain data: Celsius paid down $183M of its debt to DeFi exchange Maker, freeing up 2,000 wrapped bitcoin tokens posted as collateral against the loans
Krisztian Sandor / CoinDesk :
Colorado-based Swimlane, which offers low-code cybersecurity automation service Turbine with a dashboard to track hacking attempts, raised $70M led by Activate
Maria Deutscher / SiliconANGLE :
The UK signs its first post-Brexit international data sharing deal, with South Korea, letting organizations in the countries transfer data without restrictions
Ingrid Lunden / TechCrunch :
Tel Aviv-based Voyantis, which develops AI-powered tools to help marketing teams estimate a customer's lifetime value, emerges from stealth with a $19M seed
Kyle Wiggers / TechCrunch :
How Ukraine's Kyivstar mobile network stays operational during Russia's invasion, despite killed employees, seized infrastructure, and relentless cyberattacks
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