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Tech Brew Ride Home

Thu. 03/03 – Epic Buys Bandcamp; Amazon Retrenches From Physical Retail

Tech Brew Ride Home

Amalgamated Internets, LLC

News, Tech News, Technology

4.71K Ratings

🗓️ 3 March 2022

⏱️ 18 minutes

🧾️ Download transcript

Summary

The story of the young Ukrainian Minister who has bent the conscience of western tech companies, and coordinated the reachout to crypto. Is regulation coming for NFTs? Epic Games acquired Bandcamp. Amazon pulls back from its IRL retail experiments. And a big update on the return to the office watch. Links: Ukraine cancels crypto airdrop, plans to sell NFTs instead (The Block) The Ukrainian leader who is pushing Silicon Valley to stand up to Russia (Washington Post) Crypto Powerhouse ConsenSys Faces Action by Former Employees (Bloomberg) SEC Scrutinizes NFT Market Over Illegal Crypto Token Offerings (Bloomberg) Epic Games Acquires Bandcamp as ‘Fortnite’ Maker Expands Into Music (Variety) Amazon is shutting 68 retail stores, ending Amazon Books, 4-star and Pop Up shops (CNBC) Apple Event Announced for March 8: 'Peek Performance' (MacRumors) Google tells employees in Bay Area and other U.S. locations to return to offices in April (CNBC) Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Welcome to the Tech Main Right Home for Thursday, March 3rd, 2022.

0:07.0

I'm Brian McCullough today, the story of the young Ukrainian minister who has bet the conscience of Western tech companies while also

0:13.9

coordinating the reach out to crypto is regulation coming for

0:17.2

NFTs. Epic Games, acquires Bandcamp, Amazon pulls back from its

0:22.0

IRL retail experiments and a big update on the return to the

0:25.3

Office Watch.

0:26.3

Here's what you missed today in the world of Tech.

0:29.3

According to an elliptic report, Ukraine has thus far received over $50 million in

0:37.7

crypto donations across more than 89,000 assets since February 26th.

0:44.2

Blockchain data shows around $10 million in BTC and $16 million in Eath donations have rolled

0:50.1

in.

0:51.1

However, Ukraine's Michaelo Federov abruptly canceled a planned crypto air drop saying that Ukraine

0:58.7

will sell NFTs to raise funds instead, quotingamers had earlier appeared to target Ukraine's fundraising attempts by issuing a fake

1:08.1

token designed to look official.

1:10.6

News sites reported that this token was official and it gathered significant

1:13.7

trading volume on decentralized exchanges. Yet there were multiple red flags that

1:17.6

showed it was likely fake including the way the token was made to look like it was

1:21.0

issued from Ukraine's public Ethereum address when it was instead

1:24.6

issued by a third party.

1:26.6

While the Airdrop is no longer happening, it was a successful marketing tool in gaining further

1:30.7

donations after the Airdrop was announced donations to Ukraine

1:34.1

ramped up in anticipation of a future token with millions of dollars flowing into its coffers.

...

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