Tech Meme

Akanksha Khushi / Reuters: Binance halted bitcoin withdrawals for an hour late on May 7 and for several hours on May 8, blaming heavy volumes and an unanticipated rise in network gas fees  —  Cryptocurrency exchange Binance halted bitcoin withdrawals for several hours on Monday, citing heavy volumes and a surge in processing fees … Lees verder op Tech Meme

Bloomberg: Despite China banning crypto in September 2021, citizens, industry insiders, and FTX’s creditor lists suggest Chinese residents continue to trade digital assets  —  Nineteen months after China banned crypto, more signs have emerged that its citizens continue to buy and sell digital assets. Lees verder op Tech Meme

Ryan Browne / CNBC: After Arm shunned a London listing in favor of NYC, some VCs in the UK blame Brexit and local institutional investors who lack a good understanding of tech  —  – British chip designer Arm recently decided to list in New York, leading to worries that London will miss out on more blockbuster tech IPOs. Lees verder op Tech Meme

Josh Taylor / The Guardian: An interview with Jürgen Schmidhuber, whose neural network work in the 1990s went on to be used in Google Translate and Siri, on why many AI fears are misplaced  —  Jürgen Schmidhuber believes AI will progress to the point where it surpasses human intelligence and will pay no attention to people Lees verder op Tech Meme

Benjamin Mullin / New York Times: Texas mall mass shooting images go viral on Twitter, fueling criticism of lower moderation; Twitter allows some graphic images, like of Russia’s war in Ukraine  —  Graphic images of the attack went viral on the platform, which has made cuts to its moderation team. Lees verder op Tech Meme

Ryan Browne / CNBC: Coinbase CEO Brian Armstrong says the US SEC is on “a lone crusade”, rows back on his suggestion the company may leave the US, and expresses interest in the UAE  —  – The SEC earlier this year served Coinbase with a Wells Notice.  — Brian Armstrong, Coinbase’s CEO … Lees verder op Tech Meme

Reuters: Sources: Alibaba’s logistics arm Cainiao Network Technology plans to raise $1B to $2B via a Hong Kong IPO in early 2024; Alibaba has a 67% stake in Cainiao  —  Alibaba’s (9988.HK) logistics arm aims to raise up to $2 billion via a listing in Hong Kong likely early next year … Lees verder op Tech Meme

Josh Taylor / The Guardian: An interview with Jürgen Schmidhuber, whose neural network work in the 1990s went on to be used in Google Translate and Siri, on why many AI fears are misplaced  —  Jürgen Schmidhuber believes AI will progress to the point where it surpasses human intelligence and will pay no attention to people Lees verder op Tech Meme

David Pierce / The Verge: How Google’s attempt to create a better, faster mobile web for media companies with the AMP standard ended up ruining publishers’ trust in the internet giant  —  Google promised to create a better, faster web for media companies with a new standard called AMP.  In the end, it ruined the trust publishers had in the internet giant. Lees verder op Tech Meme

Ryan Weeks / The Block: Sam Altman’s Worldcoin debuts World App, a self-custodial app that lets users manage their World ID and coins, in 80+ countries, ahead of its 2023 token launch  —  – The World App launches today in over 80 countries after a beta testing phase.  — It will allow users to manage their World ID … Lees verder op Tech Meme