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Binance announces its exit from Canada, saying the country's “new guidance related to stablecoins and investor limits” makes the market “no longer tenable” (Tracy Wang/CoinDesk) 12-05-2023

Tracy Wang / CoinDesk: Binance announces its exit from Canada, saying the country’s “new guidance related to stablecoins and investor limits” makes the market “no longer tenable”  —  The world’s largest crypto exchange by volume said new guidance related to stablecoins and investor limits prompted the exit. Lees verder op Tech Meme

Local media: a Montenegro court plans to release Terraform Labs co-founder Do Kwon from jail on a €400K bail, pending a trial; the prosecution can appeal (Andrew Rummer/The Block) 12-05-2023

Andrew Rummer / The Block: Local media: a Montenegro court plans to release Terraform Labs co-founder Do Kwon from jail on a €400K bail, pending a trial; the prosecution can appeal  —  – Terraform Labs co-founder Do Kwon is set to be freed from jail pending trial after a court agreed to a €400,000 ($436,000) … Lees verder op Tech Meme

Doc: the EU plans to lay a €45M internet cable in the Black Sea to improve connectivity to Georgia and reduce its “dependency” on lines running through Russia (Financial Times) 12-05-2023

Financial Times: Doc: the EU plans to lay a €45M internet cable in the Black Sea to improve connectivity to Georgia and reduce its “dependency” on lines running through Russia  —  Move to improve connectivity to Georgia amid global concerns over spying and sabotage Lees verder op Tech Meme

Binance announces exit from Canada, saying the country's “new guidance related to stablecoins and investor limits” makes the Canadian market “no longer tenable” (Tracy Wang/CoinDesk) 12-05-2023

Tracy Wang / CoinDesk: Binance announces exit from Canada, saying the country’s “new guidance related to stablecoins and investor limits” makes the Canadian market “no longer tenable”  —  The world’s largest crypto exchange by volume said new guidance related to stablecoins and investor limits prompted the exit. Lees verder op Tech Meme

A former ByteDance executive in the US sues the company for wrongful termination, saying ByteDance stole its rivals' content and gave the CCP “supreme access” (New York Times) 12-05-2023

New York Times: A former ByteDance executive in the US sues the company for wrongful termination, saying ByteDance stole its rivals’ content and gave the CCP “supreme access”  —  The former executive sued ByteDance, which owns TikTok, for wrongful termination and accused the company of lifting content … Lees verder op Tech Meme

Local media: a Montenegro court plans to release Terraform Labs co-founder Do Kwon from jail on a €400K bail, pending a trial; the prosecution can appeal (Andrew Rummer/The Block) 12-05-2023

Andrew Rummer / The Block: Local media: a Montenegro court plans to release Terraform Labs co-founder Do Kwon from jail on a €400K bail, pending a trial; the prosecution can appeal  —  – Terraform Labs co-founder Do Kwon is set to be freed from jail pending trial after a court agreed to a €400,000 ($436,000) … Lees verder op Tech Meme

Sources: Binance.US and Changpeng Zhao are exploring ways to reduce Zhao's majority company stake, hoping to improve Binance.US' standing before US regulators (Aidan Ryan/The Information) 12-05-2023

Aidan Ryan / The Information: Sources: Binance.US and Changpeng Zhao are exploring ways to reduce Zhao’s majority company stake, hoping to improve Binance.US’ standing before US regulators  —  Binance.US and Changpeng Zhao, the crypto exchange’s founder, majority owner and chair, have been exploring ways to reduce his stake … Lees verder op Tech Meme

Elon Musk names ex-NBCUniversal ad chief Linda Yaccarino as Twitter's CEO, to focus on business operations; Musk will focus on “product design & new technology” (Lillian Rizzo/CNBC) 12-05-2023

Lillian Rizzo / CNBC: Elon Musk names ex-NBCUniversal ad chief Linda Yaccarino as Twitter’s CEO, to focus on business operations; Musk will focus on “product design & new technology”  —  – Former NBCUniversal advertising chief Linda Yaccarino will be Twitter’s next CEO. Lees verder op Tech Meme

Local media: a Montenegro court plans to release Terraform Labs co-founder Do Kwon from jail on a €400K bail, pending a trial; the prosecution can appeal (Andrew Rummer/The Block) 12-05-2023

Andrew Rummer / The Block: Local media: a Montenegro court plans to release Terraform Labs co-founder Do Kwon from jail on a €400K bail, pending a trial; the prosecution can appeal  —  – Terraform Labs co-founder Do Kwon is set to be freed from jail pending trial after a court agreed to a €400,000 ($436,000) … Lees verder op Tech Meme

Doc: the EU plans to lay a €45M internet cable in the Black Sea to improve connectivity to Georgia and reduce its “dependency” on lines running through Russia (Financial Times) 12-05-2023

Financial Times: Doc: the EU plans to lay a €45M internet cable in the Black Sea to improve connectivity to Georgia and reduce its “dependency” on lines running through Russia  —  Move to improve connectivity to Georgia amid global concerns over spying and sabotage Lees verder op Tech Meme