SBF says FTX had ~$60B in collateral in spring 2022, but a credit squeeze, market selloff, and "run on the bank" reduced it to $9B ahead of the bankruptcy (Nikhilesh De/CoinDesk)

Nikhilesh De / CoinDesk: SBF says FTX had ~$60B in collateral in spring 2022, but a credit squeeze, market selloff, and “run on the bank” reduced it to $9B ahead of the bankruptcy — The former FTX CEO did not address concerns about customer funds being misappropriated or other recent revelations about the company.
https://bit.ly/3AFKu4F

Sources: the US is exploring whether it has legal authority to review Elon Musk's Twitter deal, which gives large foreign investors access to confidential data (Washington Post)

Washington Post: Sources: the US is exploring whether it has legal authority to review Elon Musk's Twitter deal, which gives large foreign investors access to confidential data — Terms of the deal give large foreign investors access to confidential information about the social media platform https://bit.ly/3TYS0ix

SK Hynix says it has started mass producing its 238-layer 3D NAND flash memory chips, promising speeds of 2400MT/s, up from last gen's 176 layers and 1600MT/s (Anton Shilov/Tom's Hardware)

Anton Shilov / Tom's Hardware: SK Hynix says it has started mass producing its 238-layer 3D NAND flash memory chips, promising speeds of 2400MT/s, up from last gen's 176 layers and 1600MT/s — The new memory promises speeds of up to 2,400 MT/s. — SK hynix said late on Wednesday that it had begun mass production of its 238-layer … http://www.techmeme.com/230607/p39?utm_source=dlvr.it&utm_medium=blogger#a230607p39

The Pentagon argues that a proposal from satellite company Ligado to meld satellite spectrum with a terrestrial 5G IoT network would interfere with GPS signals (Marguerite Reardon/CNET)

Marguerite Reardon / CNET: The Pentagon argues that a proposal from satellite company Ligado to meld satellite spectrum with a terrestrial 5G IoT network would interfere with GPS signals — Even as major players like Verizon and AT&T are rushing to roll out 5G, a little-known company is looking to build … https://bit.ly/2zFGmVA

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