Hacker behind the Mango Markets exploit keeps $47M and returns $67M to the DeFi platform after a Mango community vote; he claims his actions were legal (Osato Avan-Nomayo/The Block)

Osato Avan-Nomayo / The Block: Hacker behind the Mango Markets exploit keeps $47M and returns $67M to the DeFi platform after a Mango community vote; he claims his actions were legal  —  – Eisenberg called the exploit a “profitable trading strategy” and said his actions were legal.  — The Mango exploiter said the deal …

Binance’s mining service Binance Pool launches a $500M fund to provide 18-to-24-month loans for private and publicly listed Bitcoin miners (Sam Reynolds/CoinDesk)

Sam Reynolds / CoinDesk: Binance’s mining service Binance Pool launches a $500M fund to provide 18-to-24-month loans for private and publicly listed Bitcoin miners  —  The entity is the latest to join the growing ranks of alternative lenders looking to provide capital to the distressed mining industry.

Elon Musk claims SpaceX will continue subsidizing Starlink in Ukraine “for free” even though the service is still losing money; SpaceX receives government funds (Ashley Capoot/CNBC)

Ashley Capoot / CNBC: Elon Musk claims SpaceX will continue subsidizing Starlink in Ukraine “for free” even though the service is still losing money; SpaceX receives government funds  —  – Elon Musk said in a tweet Saturday that his company SpaceX would continue to fund Starlink satellite internet terminals …

A look at Spotify’s podcast exclusivity strategy, which led to 75% audience drops for some Gimlet shows and caused others, like the Obamas, not to renew deals (Simon Owens/Simon Owens’s Media Newsletter)

Simon Owens / Simon Owens’s Media Newsletter: A look at Spotify’s podcast exclusivity strategy, which led to 75% audience drops for some Gimlet shows and caused others, like the Obamas, not to renew deals  —  The open podcast ecosystem isn’t dead yet.  —  Welcome!  I’m Simon Owens and this is my media newsletter.

Fewer than half of the US and European rapid delivery startups launched in the pandemic are still operating; they face huge losses, a funding drought, and more (Tim Bradshaw/Financial Times)

Tim Bradshaw / Financial Times: Fewer than half of the US and European rapid delivery startups launched in the pandemic are still operating; they face huge losses, a funding drought, and more  —  As nervous consumers avoided supermarkets during the Covid-19 pandemic, tech entrepreneurs spied a once-in-a-generation opportunity to reinvent the humble grocery run.

New York City-based IronVest, which uses biometric authentication and AI to verify the identity of users online, raised a $23M seed led by Accomplice (Tim Keary/VentureBeat)

Tim Keary / VentureBeat: New York City-based IronVest, which uses biometric authentication and AI to verify the identity of users online, raised a $23M seed led by Accomplice  —  The challenge of assuring identity is becoming more and more difficult.  According to the Federal Trade Commission (FTC) …

Doc: a shareholders’ agreement from Elon Musk for Twitter investors gives him “sole discretion” on an IPO decision, “exclusive authority” on board changes, more (The Information)

The Information: Doc: a shareholders’ agreement from Elon Musk for Twitter investors gives him “sole discretion” on an IPO decision, “exclusive authority” on board changes, more  —  Elon Musk may be relying on outside investors to help finance his $44 billion purchase of Twitter.

A look at TikTok’s rise, as US viewers spend longer in the video app than Facebook and Instagram combined, and ongoing issues with its Chinese ownership (Drew Harwell/Washington Post)

Drew Harwell / Washington Post: A look at TikTok’s rise, as US viewers spend longer in the video app than Facebook and Instagram combined, and ongoing issues with its Chinese ownership  —  The world’s most popular app has pioneered a new age of instant attention.  Can we trust it?  —  On the night Shelby Renae […]

IT teams are hiring more freelancers and slowing recruiting full-time staff; Freelancer.com says software developer job postings rose 54.7% YoY in Q3 2022 (Angus Loten/Wall Street Journal)

Angus Loten / Wall Street Journal: IT teams are hiring more freelancers and slowing recruiting full-time staff; Freelancer.com says software developer job postings rose 54.7% YoY in Q3 2022  —  New wave of IT freelancers prefer to tackle digital projects, then move on, recruiters say  —  Facing economic headwinds …

Study: Chinese netizens are permitted to air environmental concerns and criticize polluters on social media, resulting in lower emissions from some factories (Coco Liu/Bloomberg)

Coco Liu / Bloomberg: Study: Chinese netizens are permitted to air environmental concerns and criticize polluters on social media, resulting in lower emissions from some factories  —  In spite of China’s intensifying crackdown on political dissent, residents still have plenty of leeway to air their environmental concerns …

How cosmic rays can alter computers’ memory, a phenomenon understood since at least the 1970s, and why it is hard to tie specific errors to ionizing radiation (Chris Baraniuk/BBC)

Chris Baraniuk / BBC: How cosmic rays can alter computers’ memory, a phenomenon understood since at least the 1970s, and why it is hard to tie specific errors to ionizing radiation  —  The Earth is subjected to a hail of subatomic particles from the Sun and beyond our solar system which could be the cause […]

Filing: Twitter says Elon Musk is under a federal investigation related to his bid to acquire the company and asks for access to documents he gave authorities (Tom Giles/Bloomberg)

Tom Giles / Bloomberg: Filing: Twitter says Elon Musk is under a federal investigation related to his bid to acquire the company and asks for access to documents he gave authorities  —  Billionaire Elon Musk is being investigated by federal authorities related to his attempted acquisition of Twitter Inc. …

Meta files to dismiss the FTC’s attempt to block its acquisition of Within, arguing the FTC’s claims rely on “pure speculation of a hypothetical future state” (Ashley Gold/Axios)

Ashley Gold / Axios: Meta files to dismiss the FTC’s attempt to block its acquisition of Within, arguing the FTC’s claims rely on “pure speculation of a hypothetical future state”  —  Meta filed to dismiss the Federal Trade Commission’s attempt to block its acquisition of virtual reality fitness startup Within …

Studying floods to better predict their dangers

“My job is basically flooding Cambridge,” says Katerina “Katya” Boukin, a graduate student in civil and environmental engineering at MIT and the MIT Concrete Sustainability Hub’s resident expert on flood simulations.  You can often find her fine-tuning high-resolution flood risk models for the City of Cambridge, Massachusetts, or talking about hurricanes with fellow researcher Ipek […]

Building the self-flying future

Leon Villegas SM ’08, MBA ’08, a graduate of the MIT Leaders for Global Operations program, works on the cutting edge of autonomous aviation. At Wisk Aero, an advanced air mobility company dedicated to delivering safe, everyday flight for everyone, Villegas is responsible for the production of aircraft for a new market just coming into […]

China’s central bank: e-CNY transactions totaled ~$14B from December 2019 to August 2022, up 14% from ~$12.2B in December 2021, signaling slowing growth (Coco Feng/South China Morning Post)

Coco Feng / South China Morning Post: China’s central bank: e-CNY transactions totaled ~$14B from December 2019 to August 2022, up 14% from ~$12.2B in December 2021, signaling slowing growth  —  China’s central bank digital currency transactions totalled 100 billion yuan (US$14 billion) from the start of the e-CNY initiative …

Numerator: during Amazon’s second Prime Day, the average US order size was $46.44, down 23% from the July Prime Day, mostly comprising household essentials (Spencer Soper/Bloomberg)

Spencer Soper / Bloomberg: Numerator: during Amazon’s second Prime Day, the average US order size was $46.44, down 23% from the July Prime Day, mostly comprising household essentials  —  Amazon.com Inc. shoppers are largely skipping pricey purchases during the company’s Prime sale sequel — favoring pantry items …