Callan Quinn / CoinDesk:
FTX sues crypto trader “Humpy the Whale” alleging margin trading market manipulation from January 2021 to September 2022, leading to FTX and Alameda losing $1B — The suit also links him to organized crime in Eastern Europe and terrorist groups.
a16z says it is “very optimistic” that the US government will “foster innovation” in crypto and there is a “pathway for constructive engagement” with regulators (a16z crypto)
a16z crypto:
a16z says it is “very optimistic” that the US government will “foster innovation” in crypto and there is a “pathway for constructive engagement” with regulators — Miles Jennings Michele Korver Brian Quintenz — We’ve been flooded with crypto founders asking us …
Sources: Elon Musk’s US government advisory role will be structured to ensure he keeps control of Tesla, X, xAI, and others by installing acolytes and allies (Financial Times)
Financial Times:
Sources: Elon Musk’s US government advisory role will be structured to ensure he keeps control of Tesla, X, xAI, and others by installing acolytes and allies — Billionaire likely to push for government roles for acolytes and allies to cut regulation and protect his businesses
FTX sues Binance and former CEO Changpeng Zhao, seeking to claw back almost $1.8B it alleges was fraudulently transferred by Sam Bankman-Fried in a 2021 deal (Emily Nicolle/Bloomberg)
Emily Nicolle / Bloomberg:
FTX sues Binance and former CEO Changpeng Zhao, seeking to claw back almost $1.8B it alleges was fraudulently transferred by Sam Bankman-Fried in a 2021 deal — Binance, Zhao and other Binance executives received the funds as part of a July 2021 share repurchase deal with Bankman-Fried, the FTX co-founder who is now in prison.
How Swiggy beat Amazon to fast grocery deliveries in India by using an army of gig workers, mini-warehouses, and notable investors, ahead of its November 13 IPO (Bloomberg)
Bloomberg:
How Swiggy beat Amazon to fast grocery deliveries in India by using an army of gig workers, mini-warehouses, and notable investors, ahead of its November 13 IPO — It has an army of gig workers, a fleet of mini-warehouses and big-name investors. But a knockout trading debut isn’t a guarantee.
Lumikai projects India’s gaming market to grow from $3.8B in 2024 to $9.2B in 2029; the number of gamers in India reached 591M in 2024, up from 568M in 2023 (Dean Takahashi/VentureBeat)
Dean Takahashi / VentureBeat:
Lumikai projects India’s gaming market to grow from $3.8B in 2024 to $9.2B in 2029; the number of gamers in India reached 591M in 2024, up from 568M in 2023 — India’s game market could grow from $3.8 billion in 2024 to $9.2 billion by 2029, according to a report by Lumikai.
Q&A with Foursquare co-founder Dennis Crowley on his startup Hopscotch Labs, which uses AI and headphones to give information as a person walks by a location (Om Malik/Crazy Stupid Tech)
Om Malik / Crazy Stupid Tech:
Q&A with Foursquare co-founder Dennis Crowley on his startup Hopscotch Labs, which uses AI and headphones to give information as a person walks by a location — Dennis Crowley has built his career at the intersection of emerging technologies and human behavior.
Research integrity specialists and scientific publishers raise concerns about the ease with which scientific data can be fabricated using generative AI tools (Diana Kwon/Nature)
Diana Kwon / Nature:
Research integrity specialists and scientific publishers raise concerns about the ease with which scientific data can be fabricated using generative AI tools — From scientists manipulating figures to the mass production of fake papers by paper mills, problematic manuscripts have long plagued the scholarly literature.
An interview with Mozilla interim CEO Laura Chambers about Firefox’s 20th birthday, growth due to EU’s DMA, focus on privacy, Google search deal, AI, and more (Frederic Lardinois/TechCrunch)
Frederic Lardinois / TechCrunch:
An interview with Mozilla interim CEO Laura Chambers about Firefox’s 20th birthday, growth due to EU’s DMA, focus on privacy, Google search deal, AI, and more — Exactly 20 years ago, Mozilla started shipping version 1.0 of its Firefox browser. At the time, you could download it or buy …
Threads becoming inundated with liberal election fraud conspiracies highlights a shift towards a “post-truth” online landscape across the political spectrum (Taylor Lorenz/User Mag)
Taylor Lorenz / User Mag:
Threads becoming inundated with liberal election fraud conspiracies highlights a shift towards a “post-truth” online landscape across the political spectrum — Thousands of users have amplified baseless claims of hacked voting machines as Democrats become more comfortable embracing denialism
