Wednesday, March 22, 2023

A look at Balaji Srinivasan's proposed $1M bitcoin bet, predicting one BTC will be worth $1M+ in 90 days, which makes little sense besides attracting attention (Matt Levine/Bloomberg)

Matt Levine / Bloomberg:
A look at Balaji Srinivasan's proposed $1M bitcoin bet, predicting one BTC will be worth $1M+ in 90 days, which makes little sense besides attracting attention  —  Credit Suisse  —  It is sometimes useful to think that the shareholders of a bank are not its owners; they are just renting it from its creditors.



Inside TSMC's facilities in Taiwan, where Fab 18 makes a quintillion transistors for Apple every six months, and an interview with Chairman Mark Liu (Virginia Heffernan/Wired)

Virginia Heffernan / Wired:
Inside TSMC's facilities in Taiwan, where Fab 18 makes a quintillion transistors for Apple every six months, and an interview with Chairman Mark Liu  —  As the US boosts production of silicon chips, an American journalist goes inside TSMC, the mysterious Taiwanese company at the center of the global industry.



Okcoin suspended trading of NYCCoin and MiamiCoin, developed by CityCoins on the Stacks protocol, citing low liquidity; both coins received mayoral endorsements (Carly Wanna/Bloomberg)

Carly Wanna / Bloomberg:
Okcoin suspended trading of NYCCoin and MiamiCoin, developed by CityCoins on the Stacks protocol, citing low liquidity; both coins received mayoral endorsements  —  A crypto exchange has suspended trading of cryptocurrencies dedicated to New York City and Miami, citing limited liquidity for the tokens.



Sources: facing a US ban, TikTok recently sought to reassure its advertisers and play down the threat of an outright ban, hoping brands would continue to spend (Wall Street Journal)

Wall Street Journal:
Sources: facing a US ban, TikTok recently sought to reassure its advertisers and play down the threat of an outright ban, hoping brands would continue to spend  —  Advertisers take wait-and-see approach after Biden administration demands that video app's Chinese owners sell stakes



Tuesday, March 21, 2023

How Elon Musk acquiring and running Twitter, adding to SpaceX and Tesla, became a headache for the Biden administration, which worries over foreign influence (Bloomberg)

Bloomberg:
How Elon Musk acquiring and running Twitter, adding to SpaceX and Tesla, became a headache for the Biden administration, which worries over foreign influence  —  Argentina was headed toward its thrilling victory over France at the World Cup in Qatar, and Elon Musk, the Tesla Inc. CEO and Twitter owner …



Two of Uranus' Moons may have active oceans: NASA study

One or two of Uranus' 27 moons -- Ariel and/or Miranda -- likely have oceans beneath their icy surfaces and are actively spewing material into the space environment, according to a study by NASA. https://ift.tt/vdQmEzP

Russian cryptocurrency payment network A7 expands to Africa, as Moscow builds an alternative payments system amid western sanctions after its Ukraine invasion (Financial Times)

Financial Times : Russian cryptocurrency payment network A7 expands to Africa, as Moscow builds an alternative payments system amid weste...