Should we release 0.70.12?

[cipolleschi]

Released, please refer to #79

Current Release: 0.70.11

Conversations on this thread are limited:

• major release issues.
• qualified cherry-pick requests of commits on main that did not make the previous patch version.

Please include a link to the specific commit on main to be cherry-picked, for example: facebook/react-native@bd2b7d6

In other words, if you cannot point to a particular commit on main, then your request likely belongs as a new issue.
If the issue is a major release issues, please reference the issue here.

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List of qualified picks

1. facebook/react-native@671ea38

Local commits to backport to main