Tech Meme

Ingrid Lunden / TechCrunch: UK-based Fetch.ai, which uses blockchain technology and is building tools for communication and actions between AI applications, raised $40M from DWF Labs  —  AI is riding high on a curve of hype, which means some of the practical questions that might grow louder over time — the many costs … Lees verder op Tech Meme

Sam Reynolds / CoinDesk: A US court rules the bZx protocol meets the definition of a general partnership and finds the DAO’s token holders are liable for losses from a $55M hack in 2021  —  Decentralized Autonomous Organizations (DAOs) are beginning to look like general partnerships in the eyes of U.S. courts. Lees verder op Tech Meme

Reuters: The UK CMA launches an in-depth investigation, which can take up to six months, of Broadcom’s $61B VMware acquisition, after Broadcom failed to address concerns  —  Britain said it would investigate Broadcom’s (AVGO.O) acquisition of VMware (VMW.N) in depth after the U.S. chipmaker offered … Lees verder op Tech Meme

Christopher M. Matthews / Wall Street Journal: Court records and messages from purported hackers reveal a massive hacking campaign targeting thousands of environmental activists, dating back at least to 2017  —  Charity of Rockefeller heirs among groups targeted by hackers; oil giant not accused of wrongdoing Lees verder op Tech Meme

Bill Toulas / BleepingComputer: Researchers find a flaw in WiFi protocol IEEE 802.11 that could be exploited to inject malicious content into TCP packets and more; many routers are affected  —  Cybersecurity researchers have discovered a fundamental security flaw in the design of the IEEE 802.11 WiFi protocol standard … Lees verder op Tech Meme

Sarah Wynn / The Block: SEC sues shuttered crypto exchange Beaxy and execs, alleging it was unregistered, and the founder and Beaxy Digital for raising $8M via unregistered token BXY  —  – The SEC brought charges against crypto platform Beaxy on Wednesday for allegedly not registering as an exchange, broker or a clearing agency. Lees verder op Tech Meme

Nilay Patel / The Verge: Q&A with Mastodon CEO Eugen Rochko on open-source governance, business models, rejecting VC firms, running an instance, ActivityPub, content moderation, more  —  CEO Eugen Rochko on running — and growing — a decentralized social network. … Eugen Rochko is the CEO of Mastodon … Lees verder op Tech Meme

Forbes: Sources: Sam Bankman-Fried is paying his legal fees from a $10M+ gift he gave his father with money borrowed from Alameda  —  While still CEO of now-collapsed FTX, Bankman-Fried transferred millions of dollars to his father.  Some of those funds have since been used to pay for his mounting legal fees … Lees verder op Tech Meme

Wall Street Journal: Nansen: Binance saw net outflows of $2.1B over seven days as of 27 March, as it raised fees, suffered software issues, and faced a CFTC lawsuit  —  In a tumultuous few days, crypto giant raises fees, suffers software issues and faces regulator lawsuit  —  Crypto’s Crash Has Been Swift but Largely Self-Contained. Lees verder op Tech Meme

Scott Chipolina / Financial Times: Docs: Binance CEO and other execs hid its links to China for several years, including an office until 2019, despite saying in 2017 that Binance left China  —  Company documents show crypto exchange relied on country long after it said it had left in 2017  —  Binance hid substantial links … Lees verder op Tech Meme