Alameda-linked wallets traded Lido, Polygon, Uniswap, and other tokens for ether and USDT, before swapping for bitcoin, taking their holdings to 47.6 BTC
- Wallets linked to Alameda Research have sold several crypto tokens. — These swaps happened barely days after Sam Bankman-Fried posted bail.
Filings: the US charges Avraham Eisenberg with commodities fraud and manipulation for trying to steal ~$110M in October by rigging DeFi platform Mango Markets
U.S. prosecutors have filed criminal charges of commodities fraud and manipulation against a man accused of trying to steal …
Court filings: Sam Bankman-Fried said in an affidavit that he and Gary Wang borrowed $546M+ from Alameda to buy a nearly 8% stake, or ~56M shares, in Robinhood
FTX founder Sam Bankman-Fried said he and former executive Gary Wang borrowed more than $546 million from Alameda Research to buy …
Source: the DOJ launched a criminal investigation into the alleged $370M+ in assets stolen as FTX declared bankruptcy, separate from its fraud case against SBF
DOJ are investigating an alleged cybercrime that drained more than $370 million out of FTX just hours after the cryptocurrency exchange filed for bankruptcy last month. Ava Benny-Morrison / @avabmorri...
Solana drops ~10% to around $10, as bitcoin and ether saw modest declines, over concerns that large holders could offload the token; SOL is down 94% in 2022
Solana, the cryptocurrency backed by fallen crypto mogul Sam Bankman-Fried, tumbled on Wednesday amid concerns that large holders may be about to offload the token.
Bitcoin miner Argo Blockchain will avoid bankruptcy after agreeing to sell its Helios mining facility in Texas to Galaxy Digital for $65M and a $35M loan
Galaxy will buy Argo's Helios facility for $65 million and provide $35 million loan to help the miner amid restructuring.
Kraken plans to close its cryptocurrency exchange services in Japan, operated by Payward Asia, on January 31, 2023, weeks after cutting its workforce by 30%
Kraken is closing its cryptocurrency exchange services in Japan as the company restructures to navigate the fallout from this year's meltdown in digital assets.
SEC filing: MicroStrategy acquires ~3,205 BTC for ~$56.4M between November 1 and December 24, taking its holding to 135K BTC, and sells 704 BTC to offset gains
The software company also sold a small amount of the cryptocurrency for the first time. — MicroStrategy (MSTR) …
Kuo: Apple plans to ship an updated iPad mini in late 2023 or H1 2024 with a new chip as its main selling point; a foldable iPad is unlikely to replace the mini
Joe Rossignol / MacRumors :
Investors sue Gemini and Tyler and Cameron Winklevoss over offering Gemini Trust Earn interest-bearing accounts, which Gemini failed to register as securities
Gemini Trust Co. and its founders, Tyler and Cameron Winklevoss, were sued by investors who claim the crypto asset exchange sold …
Source: Amazon is working on a standalone app for watching sports, decluttering the Prime Video app; Andy Jassy recently reaffirmed Amazon's video ambitions
Amazon is working on a stand-alone app for watching sports content, a source with direct knowledge of the plan told The Information.
A look at North Dimension, a little-known Alameda Research subsidiary, where the SEC says FTX told customers to wire funds to trade without disclosing the ties
Among the 130 or so companies in Sam Bankman-Fried's sprawling crypto empire, North Dimension Inc. assumed a low profile.
The US House bans TikTok on all House-managed devices, citing a “high risk due to a number of security issues”, following similar bans for US government devices
Moira Warburton / Reuters :
Southwest Airlines says an operational meltdown over the holiday weekend was partly caused by its scheduling software, which a union rep called “outdated”
New York CNN — A punishing winter storm … Los Angeles Times : Far from a shock, Southwest meltdown was ‘perfect storm’ of well-known vulnerabilities Scott Neuman / NPR : The blizzard is just one rea...
LastPass' breach update was full of lies, omitted damning info, tried to present the August 2022 incident and the data leak as two separate events, and more
Mastodon CEO Eugen Rochko says he rejected more than five US investors offering “hundreds of thousands of dollars” to preserve the platform's nonprofit status
Fast-growing open-source microblogging site has seen a surge of interest since Elon Musk took over Twitter Tweets: @suji_yan , @barbariancap , @wilbanks , @tariqkrim , @astaniscia86 , @davewiner , @ma...
ZipRecruiter: 37% of laid off or fired tech workers were able to find a job within a month of starting their search and ~79% were able to within three months
Wall Street Journal :
China's online game regulator approves 45 foreign video games, including Nintendo's Pokémon Unite, effectively marking the end of Beijing's crackdown
Josh Ye / Reuters :
TSMC's planned Arizona chip plant is catalyzing real estate development in northern Phoenix, bringing in hundreds of skilled workers from Taiwan, and more
Taiwan chipmaker's new high-tech plant has ‘catalyzed’ development in Phoenix — TSMC is building an advanced chip plant in northern Phoenix, Arizona.
Shadowbanning is real and social media platforms should be more transparent; a survey shows nearly one in 10 US social media users report being shadowbanned
and who it really hurts. … Will Oremus / @willoremus@mastodon.social : Another reason to appreciate Mastodon: no shadowbanning. https://www.washingtonpost.com/ ... Tweets: Dave Lee / @daveleeft : @Wil...
Some telehealth companies are running social media ads promoting drugs for unapproved uses, showing benefits and paid testimonials but not risks or side effects
Wall Street Journal :
After Amazon workers in Staten Island voted to unionize in April, similar movements at other US warehouses fizzled out, stymied by turnover and company efforts
Sebastian Herrera / Wall Street Journal :
After China lifted its COVID-19 rules, leading to surging cases, social media censors relax some rules, allowing criticism of protestors but not the government
Austin Ramzy / Wall Street Journal : Tweets: @joshchin , @orsoraggiante , and @crehage Tweets: Josh Chin / @joshchin : As Covid-19 sweeps across China following the end of its strict pandemic control...
As the Nasdaq closes its worst year since 2008, IBM was a bright spot for tech companies with a $50B+ market cap, rising 6% in 2022, as investors sought safety
but one server maker soared almost 90%, beating all its peers Tweets: Tuvia Elbaum / @tuviae : Lol. “No one ever got fired for buying IBM”. Too literal 😂 https://twitter.com/... Barry Schwartz / @rust...
A look at Embracer Group, which owns more video game studios than any other company in the world, overseeing 237 games being developed across 132 studios
Jaweed Kaleem / Los Angeles Times : Tweets: @_danilo , @latimes , and @martinlindell Tweets: @_danilo : Embracer is on a game IP shopping spree, and there's some wisdom in their strategy Interactive ...
India's government-backed nonprofit Open Network for Digital Commerce is holding trials in over 85 cities, including Bengaluru, after raising $22M
Benjamin Parkin / Financial Times : Tweets: @tomvalletti , @johnthornhillft , @jamesplloyd , and @prasannavishy Tweets: Tommaso Valletti / @tomvalletti : Current trials in India. An open-source netwo...
Sources: Instacart cuts its internal valuation to ~$10B, down ~75% from $39B in March 2021; the company slashed its valuation every quarter in 2022
again PYMNTS.com : Instacart Valuation Cut for Fourth Time in 2022 Reuters : Instacart cuts internal valuation to $10 billion: report Daniel Levi / Tech News : Grocery delivery startup Instacart cuts ...
Court filing: Intel and VLSI Technology agreed to end a patent dispute in Delaware where Intel previously said VLSI had asked for more than $4B in damages
Blake Brittain / Reuters :
Researchers discuss AI expectations for 2023: continued problematic art-generating apps, incoming regulations, open-source and decentralized efforts, and more
Kyle Wiggers / TechCrunch :
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