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š CRYPTO
SBF Speaks
Former crypto kingpin SBF is a man who likes risk. How else can you describe a man who was running possibly the biggest scam since Madoff?
But deciding to testify in his trial was risky even for his crazy ass. Sure, the trial hasnāt been going great for him with every member of the FTX inner circle testifying against him, but still. Opening yourself up to cross-examination? Iāve seen enough Suits to know how this one goes. Poorly. Very poorly.
And to the surprise of literally nobody, thatās exactly how it went.
Speaking before a courtroom without jurors (the judge wants to see if the testimony is admissible first), SBF:
Blamed FTXās lawyers for everything from FTXās reliance on Signal to the arrangement with Alameda that ultimately sank the ship.
Couldnāt identify where it says that Alameda is allowed to spend the money of FTXās customers.
Answered questions in such a confusing manner that the presiding Judge said he has an āinteresting way of answering questionsā.
After 3 long and painful hours, SBF stepped off the stand. So now itās up to the Judge to determine what is admissible ahead of round 2 on Friday.
Too Little, Too Late: The legal community consensus is that SBF is screwed. Heās going to need to pull a miracle tomorrow if he wants to see freedom again anytime soon.
š¤ THE LATEST INā¦
TECH
The AirPods roadmap is out.
Apple employees want to use the Vision Pro to help with your mental health.
X usage has absolutely plummeted.
Starship might be taking flight again in November. Letās hope it doesnāt blow up this time.
AI
OpenAI has formed a team to study ācatastrophicā AI risks.
Not gonna lie, Humaneās AI Pin looks pretty damn cool.
An AI executive order looks to be coming next week.
Googleās bug bounty program now includes generative AI attacks.
SCIENCE
Google founder Sergey Brinās airship got FAA clearance.
Allulose might be the low-calorie sugar weāve been looking for.
We now have a cloud computer.
Can we have babies in space? SpaceBorn United is going to find out.
CRYPTO
JPMorganās coin now handles $1B in transactions daily.
Mastercard and MoonPay have teamed up.
Tokenized treasuries are growing quickly.
Memecoin fever, hello old friend.
šāāļø QUICKIES
Raise: Cionic has raised $12M to develop its neural sleeve.
Stat: $18B: How much Google pays Apple every year to be Appleās default search engine. Worth every penny.
Rabbit hole: The TikTok Girl Is Right (Kyla Scanlon)
š ļø FOUNDERS CORNER
The best resources we recently came across that will help you become a better founder, builder, or investor.
š„Ā FocuSee turns screen recordings into stunning product videos.
š These are the best websites on the internet.
š¤ Come and get smarter with me.
š FINAL JEOPARDY!
This Final Jeopardy! question stumped every contestant. Can you get it right?
Category: Historic Letters
Clue: A letter from him begins, āOn the thirty-third day after I had left Cadiz, I reached the Indian Oceanā
š DOPAMINE HIT
Bill, I know you have room for one more kid.
@phoebegates Father-daughter bubble tea time.
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FINAL JEOPARDY! ANSWER
Christopher Columbus