Fri. 11/11 – A Summary Of This Crazy Week

Just two big stories, as it’s been all week, but instead of ONLY giving you the latest, I want to try to sum up where I think we’re at as this week ends. What, I think, in the end, actually happened with FTX. And are we SURE Elon isn’t trying to tank Twitter on purpose? And, of course, the weekend longreads suggestions.

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Links:

• Sam Bankman-Fried steps down as FTX CEO as his crypto exchange files for bankruptcy (CNBC)
• FTX US Warns of Trading Halt Hours After Bankman-Fried Says It's '100% Liquid' (CoinDesk)
• Crypto Lender BlockFi Pauses Withdrawals in Wake of FTX Collapse (CoinDesk)
• Does Twitter Have Any Employees Left Who Remember That The Company Is Under A Strict Consent Decree With The FTC? (TechDirt)

Weekend Longreads Suggestions:

• Basically everything on Amazon has become an ad (Vox)
• Can Crypto’s Richest Man Stand the Cold? (Bloomberg)
• Matter is here, but it’s still a long road to the simple smart home (The Verge)
• Twitter alternative: how Mastodon is designed to be “antiviral” (UXCollective)
• Unfollow? Block? And who gets custody of the WhatsApp groups? How to break up in the digital age (The Guardian)

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