Apple limits AirDrop ‘everyone’ option to 10 minutes in China
A change in the iOS 16.1.1 update for Chinese users is turning some heads. Apple is restricting the “Everyone” option in AirDrop to ten minutes on iPhones purchased in mainland China, according to online user reports. That means people can no longer keep their Airdrop on for an unlimited time, including for strangers and contacts. … Read more
Ftx.com Has Probably Collapsed
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Without Details, Tron’s Justin Sun Says He’s ‘Putting Together Solution’ for FTX
Justin Sun tweeted he was putting together some sort of solution for FTX, though he provided no details.
Concerns about Trustcor
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Auto sales ‘overshoot’ will make it impossible to prevent the worst effects of climate change
Photo credit should read CFOTO/Future Publishing via Getty Images Toyota, Volkswagen, Hyundai, and other major automakers are on track to sell 400 million more diesel and petrol vehicles than is feasible to stave off the worst effects of climate change, Greenpeace Germany concludes in a new report. Transportation currently makes up a quarter of fuel-related … Read more
First Mover Asia: Crypto Exchange BitMEX Publishes Proof of Reserves Ahead of Friday’s BMEX Listing; Bitcoin Rebounds After Dropping Below $16K
On Wednesday, Binance, Gate.io, KuCoin and Huobi were among the exchanges that said they would publish Merkle tree reserve certificates. Their announcements came amid the mounting crisis involving FTX.
SBF tells investors FTX needs $8B in emergency funding: WSJ
According to reports, FTX CEO Sam Bankman-Fried asked investors for emergency funding to cover an $8 billion shortfall during a Nov. 9 investors call.
FTX website comes back online with message advising against deposits
Neither FTX CEO Sam Bankman-Fried nor any FTX official has provided its users with clarity as to why FTX’s website was taken down.
FTX Exposure Limited, Says Venture Capital Giant Sequoia
In a note to Limited Partners, Sequoia says it invested just over $200 million in FTX via two funds.
Waymo can now charge for fully driverless services in San Francisco
The California Department of Motor Vehicles approved an amendment to Waymo’s existing deployment permit Wednesday to include driverless, as well as drivered, operations. Now, Waymo will be able to charge for usage of its autonomous vehicles, which will operate without anyone in the driver’s seat, for services like food and grocery delivery. The upgraded DMV … Read more
Sequoia Capital marks its FTX investment down to zero dollars
Sequoia Capital just marked down to zero the value of its stake in the cryptocurrency exchange FTX — a stake that, as of last week, likely represented among the most sizable unrealized gains in the venture firm’s 50-year history. When Sequoia invested in the Series B round of the Bahamas-based outfit in July 2021, FTX … Read more
Helium Network Founder Pledges to Stick with Solana After Bloody Day for SOL
The wireless hotspot network voted to move to Solana in September.
Solana TVL drops 32.4% as FTX turmoil rocks ecosystem
Cryptocurrencies understood to have exposure to Sam Bankman-Fried, FTX, and Alameda Research appear to have been impacted the most.
I guess you can (officially) use your fancy Canon camera as a webcam studio now
When the pandemic slammed into our shores a couple of years ago, many of us were shoo-ed inside, doomed to endless Zoom meetings. At the time, Canon released a beta of its EOS Webcam Utility, and then seemed to pretty much forget about it. Until today. In a ‘geez, Canon, this would have been helpful … Read more
Tron Network USDD Stablecoin Wobbles from Dollar Peg Amid Latest Crypto Crisis
The Tron network’s algorithmic stablecoin, the $700 million USDD, fell to 97 cents from its supposed $1 anchor.
Lyft-backed plan to fund electric cars flops in California
California voters shot down a plan to make electric vehicles more affordable for some residents, dealing a blow to Lyft and the EV industry alike. Proposition 30 would have taxed residents making more than $2 million a year to subsidize electric cars and public charging stations as well as funded wildfire prevention programs. Even with … Read more
Crypto Stocks Continue Drop as Binance Walks Away from FTX Deal
Concerns around FTX’s health along with the broader crypto ecosystem spilled into the stock market Wednesday.
Canoo to buy vehicle manufacturing facility in Oklahoma City
Commercial electric vehicle company Canoo entered into an agreement to acquire a vehicle manufacturing facility in Oklahoma City, the company announced Wednesday along with its third-quarter earnings. The news comes a week after Canoo said it would build an EV battery module manufacturing facility in Pryor, Oklahoma. The new facility will be dedicated to producing … Read more
FTX Faces US Justice Department Probe: Report
The U.S. Department of Justice is looking into crypto exchange FTX after its apparent collapse, the Wall Street Journal reported Wednesday.
Mario flipped off Twitter for nearly two hours with the blessing of Musk’s ‘verification’
Image: “nIntendoofus” on Twitter Twitter verification used to mean “Twitter has checked you are who you say you are.” As of this morning, the only thing it means is that you’re coughing up eight dollars to join the club because Elon Musk decided that anyone can buy a “verified” check mark without any verification at … Read more
DeFi Exchange Platform dYdX Places Solana in “Close Only” Mode
The move comes after Solana has plummeted 40% in 24-hours due to its link with the beleaguered Sam Bankman-Fried empire.
Kurt Vonnegut at 100
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