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? Sponsors: Babbel.com/ride for 60% off go.factor75.com/techmeme130 and code techmeme130 to get $130 off 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)