Journals

Financial Times: Sources: Nigeria detains two senior Binance executives who flew to the country following its decision last week to ban several crypto trading websites  —  African state steps up pressure on exchanges as it tries to halt speculation on… Read More »Sources: Nigeria detains two senior Binance executives who flew to the country following its decision last week to ban several crypto trading websites (Financial Times)

Helene Braun / CoinDesk: Coinbase is investigating an issue causing some users to see a zero balance across their accounts, after BTC topped $60K for the first time since November 2021  —  Multiple users of Coinbase’s U.S. platform said on… Read More »Coinbase is investigating an issue causing some users to see a zero balance across their accounts, after BTC topped $60K for the first time since November 2021 (Helene Braun/CoinDesk)

Mark Gurman / Bloomberg: Tim Cook says Apple will “break new ground” on generative AI this year; Apple shareholders reject a request for report into whether Apple is using AI ethically  —  – Shareholders approve recommendations for board, executive pay … Read More »Tim Cook says Apple will “break new ground” on generative AI this year; Apple shareholders reject a request for report into whether Apple is using AI ethically (Mark Gurman/Bloomberg)

Kyle Wiggers / TechCrunch: Adobe unveils Project Music GenAI Control, a platform that can generate audio from text descriptions or a reference melody and let users customize the results  —  There’s plenty of GenAI-powered music editing and creation tools out… Read More »Adobe unveils Project Music GenAI Control, a platform that can generate audio from text descriptions or a reference melody and let users customize the results (Kyle Wiggers/TechCrunch)

Rachel Metz / Bloomberg: Toronto-based Ideogram, which is introducing a text-to-image AI model that generates images with legible text, raised an $80M Series A led by a16z  —  The startup excels at generating AI images that include legible text.  — … Read More »Toronto-based Ideogram, which is introducing a text-to-image AI model that generates images with legible text, raised an $80M Series A led by a16z (Rachel Metz/Bloomberg)

Caitlin Ostroff / Wall Street Journal: Memo: SBF’s lawyers suggest a short sentence of five to six years in prison, citing medical conditions, including autism, and his philanthropic giving  —  Lawyers for the FTX founder say he wasn’t motivated by… Read More »Memo: SBF’s lawyers suggest a short sentence of five to six years in prison, citing medical conditions, including autism, and his philanthropic giving (Caitlin Ostroff/Wall Street Journal)

Oliver Knight / CoinDesk: Ethereum liquid restaking protocol ether.fi raised a $23M Series A led by Bullish Capital and CoinFund, as the total value locked on the protocol rises to $1.6B  —  The total amount of capital on ether.fi has… Read More »Ethereum liquid restaking protocol ether.fi raised a $23M Series A led by Bullish Capital and CoinFund, as the total value locked on the protocol rises to $1.6B (Oliver Knight/CoinDesk)

Ben Lovejoy / 9to5Mac: Kuo: Vision Pro demand is higher than Apple originally expected, with US shipments expected to hit 200-250k units this year; return rates are now below 1%  —  Analyst Ming-Chi Kuo believes that Vision Pro demand is… Read More »Kuo: Vision Pro demand is higher than Apple originally expected, with US shipments expected to hit 200-250k units this year; return rates are now below 1% (Ben Lovejoy/9to5Mac)

Foo Yun Chee / Reuters: Axel Springer and 31 other media groups in Europe file a $2.3B lawsuit against Google, alleging that they suffered losses due to its digital ad practices  —  Alphabet’s (GOOGL.O) Google was hit with a 2.1-billion-euro… Read More »Axel Springer and 31 other media groups in Europe file a $2.3B lawsuit against Google, alleging that they suffered losses due to its digital ad practices (Foo Yun Chee/Reuters)

The Information: Sources: Meta plans to launch Llama 3 in July, as it tries to overcome a perceived problem that Llama 2 is too “safe” with its answers about contentious topics  —  As Google grapples with the backlash over the… Read More »Sources: Meta plans to launch Llama 3 in July, as it tries to overcome a perceived problem that Llama 2 is too “safe” with its answers about contentious topics (The Information)