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THE DAILY INDEX

Technology, AI, software, security, crypto and business

Across today’s newsletters

Today’s Index

URGENCY’ AT X, FORMERLY TWITTER

Walter Isaacson's biography of Elon Musk is set to be published today. This article contains a story adapted from the book about how X moved its server farms from Sacramento to Portland. Musk's advisors told him that it would take many months to move the servers, but Musk decided that they were wrong and opted to move the servers using cheap contractors. They managed to move the servers in under a week, but the exercise destabilized X for the next two months. Musk later admitted that the rushed move was a mistake.

FTX LOOKS TO OFFLOAD BILLIONS IN CRYPTO: HERE’S WHAT IT MEANS

The estate of the defunct crypto exchange FTX is looking to sell $3.4 billion in assets, pending approval from the Delaware Bankruptcy Court. Galaxy Digital, led by Mike Novogratz, is managing the sale. FTX's holdings include significant amounts of Solana, Bitcoin, Ethereum, and altcoins. The potential sell pressure these liquidations could put on the market has been weighing heavily on the charts over the past week.

SCIENTISTS FIGURED OUT HOW TO WRITE IN WATER

A team of German physicists has figured out a method for writing on water. The method involves putting ink directly into water using a microbead made of an ion-exchange material as a pen. The bead writes by altering the local pH value of the water, attracting ink particles to those areas. The method is at a proof of concept stage - future iterations may be able to generate highly complex patterns in fluids. Examples of images drawn in water using the method are available in the article.

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