How Elon Musk uses X to back right-wing world leaders like Argentina's Javier Milei and India's Narendra Modi, who can help secure advantages for his businesses
Minutes after it became clear that Javier Milei had been elected president of South America's second-largest nation in November … Threads: @karaswisher , @motorcityadam , @karaswis...
Sources and messages: Binance compliance officer Tigran Gambaryan told executives and Nigerian contacts of a ~$150M crypto bribe request, prior to his arrest
A compliance officer for the cryptocurrency exchange told senior executives and Nigerian contacts that the company had been asked to pay $150 million in crypto.
A US AT&T call center worker details working with AI, which generates call transcripts and provides suggestions, and wonders if she is training her replacement
To many people, chatbots and other technology feel like a ticking time bomb, sure to explode their work. But to some, the threat is already here. LinkedIn: Stephen Loynd . Bluesky...
A look at the mounting US pressure on Binance: the DOJ's money laundering division leading its criminal investigation, CZ hiring Latham & Watkins, and more
The scrutiny on Binance, the giant cryptocurrency exchange, has sent new tremors through a market that is still bruised by the implosion of FTX.
Sources: Google released Bard despite staff concerns; one employee called the chatbot “a pathological liar” and one said its answers may cause “injury or death”
Shortly before Google introduced Bard, its AI chatbot, to the public in March, it asked employees to test the tool.
SVB's collapse is a tale of ambition, management mistakes, and focusing on innovation over the mundane work of managing risk and ensuring financial prudence
Maureen Farrell / New York Times :
Interviews with 20 people detail the Biden admin's response to SVB's and Signature's collapse, as tech executives and investors lobbied to protect all deposits
It seemed like a simple question: Did the treasury secretary have any concerns about the economic risks posed by Silicon Valley Bank?
As the “Bank of Startups”, Silicon Valley Bank collapsed from its exposure to interest-rate risk, a lack of diversity among depositors, and VC herd mentality
an unsecured illiquid claim on a failed bank. Absent @jpmorgan @citi or... https://twitter.com/... Bob Elliott / @bobeunlimited : Fed/FDIC decisions on SVB determine whether they r...
As the “Bank of Startups”, Silicon Valley Bank collapsed from its exposure to interest-rate risk, a lack of diversity among depositors, and VC herd mentality
an unsecured illiquid claim on a failed bank. Absent @jpmorgan @citi or... https://twitter.com/... Bob Elliott / @bobeunlimited : Fed/FDIC decisions on SVB determine whether they r...
Twitter says only Blue subscribers will be able to use SMS-based 2FA after March 20, 2023; all users can use an authenticator app or a physical security key
In fact, if you don't start paying for Twitter Blue ($8 a month on Android; $11 a month on iOS) or switch your account to use a far …
Twitter says only Blue subscribers will be able to use SMS-based 2FA after March 20, 2023; non-Blue users can use an authenticator app or physical security key
In fact, if you don't start paying for Twitter Blue ($8 a month on Android; $11 a month on iOS) or switch your account to use …
A look at Sam Bankman-Fried's $400M investment in obscure hedge fund Modulo, shortly before FTX collapsed; Modulo's executives had close ties to SBF and FTX
After the collapse of FTX, prosecutors and lawyers have scrutinized its discredited founder's huge investment in Modulo Capital. Tweets: @niubi , @niubi , @jessicakmathews , @macro...
Crypto investors say Sam Bankman-Fried frequently promoted and manipulated “Samcoins”, including Solana, Serum, FTT, and Maps, to benefit FTX and Alameda
or did it? Developers complained for years that @SBF_FTX preyed on their projects for his own gain. And investors say they saw red flags in his funraising techniques https://www.ny...
Coinbase settles with New York regulators over breaking money-laundering laws for $100M, comprising a $50M fine and $50M for compliance; COIN closes up 12.2%
New York Times :
Coinbase agrees a $100M settlement with NY regulators over breaking anti-money-laundering laws, comprising a $50M fine and $50M for compliance; COIN jumps 9%+
The U.S. crypto exchange will pay a $50 million fine for letting customers open accounts with few background checks and spend $50 million to improve compliance.
Coinbase agrees a $100M settlement with NY regulators over breaking anti-money-laundering laws, comprising a $50M fine and $50M for compliance; COIN jumps 9%+
The U.S. crypto exchange will pay a $50 million fine for letting customers open accounts with few background checks and spend $50 million to improve compliance.
Sources: US prosecutors are investigating whether Sam Bankman-Fried manipulated TerraUSD and LUNA markets, leading to the cryptocurrencies' collapse in May 2022
Federal prosecutors are investigating whether Sam Bankman-Fried and his hedge fund orchestrated trades in a way that led to the collapse of two cryptocurrencies in May.
Interviews and messages show how SBF used PACs, nonprofits, and consulting firms to woo politicians, regulators, and others to support his crypto goals
with as much money & as little apparent regard for the lines between corporate lobbying, political & nonprofit spending — as @FTX_Official. https://twitter.com/... Reed Galen / @re...
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 , @g...
A hacktivist claims DALL-E-like Craiyon, formerly DALL-E mini, generated portraits of brown-skinned women in saris almost every time he ran a blank request
The images represent a glitch in the system that even its creator can't explain. — Like most people who are extremely online … Tweets: @mtrc , @nilchristopher , @sub8u , @flitter...