Tue. 08/02 – What Is It With Bridges?

Seriously, what is it with crypto bridges? Why are they seemingly so easy to hack? New York cracks down on Robinhood. A bunch of Silicon Valley boldfaced names are going to be swept up into the Twitter/Elon trial. And if Chromebooks and gaming are suffering post-Covid hangovers, is Uber a post-covid Phoenix?

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Links:

• Nomad token bridge drained of $190M in funds in security exploit (CoinTelegraph)
• Robinhood’s Crypto Unit Fined $30 Million by New York’s Top Financial Regulator (WSJ)
• Twitter is probing Elon Musk’s social circle in broad legal requests (Washington Post)
• As worldwide tablet shipments grow, Chromebooks face a different reality (ZDNet)
• Activision Blizzard Sales Fall on Weak Call of Duty Release (Bloomberg)
• The Morning After: Did Microsoft just neg Activision Blizzard? (Engadget)
• Uber reports another big loss but beats on revenue, shares pop 14% (CNBC)