Month: November 2022
Elon Musk could cut half of Twitter’s workforce
Musk and his advisers are weighing cuts that would affect nearly 4,000 people. | Illustration by Kristen Radtke / The Verge; Getty Images Twitter employees have been bracing for layoffs since Elon Musk officially took over the company, and details are starting to trickle out about how many people could be affected. Wednesday evening, The … Read more
India metro smart cards vulnerable to ‘free top-up’ bug
India’s mass rapid transit systems — or metro, as it’s known locally — rely on commuter smart cards that are vulnerable to exploitation and allow anyone to effectively travel for free. Security researcher Nikhil Kumar Singh discovered a bug impacting Delhi Metro’s smart card system. The researcher told TechCrunch that the bug exploits the top-up … Read more
A Layoff Guide for Tweeps
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Meta is testing a way to mint and sell NFTs on Instagram
Illustration by Nick Barclay / The Verge Meta has announced that it’s testing minting and selling NFTs on Instagram, like you can with many traditional NFT marketplaces, with a “small group of creators in the US” getting access to the feature first. The company’s also expanding Instagram’s NFT showcase feature, which it recently made available … Read more
Elon Musk could enable Twitter’s edit button for everyone
Musk might be charging for verification, but he’s reportedly going to give the edit feature to all users. | Illustration by Kristen Radtke / The Verge; Getty Images Twitter’s edit feature only turned from myth to something people could actually use in October, but it might be available to everyone very soon. In what might … Read more
Aurora says it has enough cash to commercialize autonomous trucks by 2024
Autonomous vehicle technology company Aurora Innovation released its third-quarter earnings report after the bell Wednesday. The company closed out the quarter with about $1.2 billion in cash and short-term investments, which Aurora says will be enough to make it to commercial launch in mid-2024. Those statements were made just days after former competitor Argo AI … Read more
SVGs as Elm Code
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Fisker bumps up production for all-electric Ocean SUV
Fisker is raising its manufacturing forecast two weeks before its first electric vehicle, the Ocean SUV, enters production. The automaker plans to produce 42,400 Ocean SUVs by the end of 2023, up from an initial forecast of 40,000, due to strong demand in the U.S. and Europe. The company said it has received 62,000 reservations … Read more
First Mover Asia: Arbitrum Sees Transactions Skyrocket as Traders Anticipate Potential ‘ARBI’ Airdrop; Ether, Dogecoin Tumble Following FOMC Rate Hike
Weekly transactions on Arbitrum have soared over 555% since August. Crypto traders see huge potential for the ecosystem.
Saying ‘not financial advice’ won’t keep you out of jail: Crypto lawyers
Australian and U.S. digital asset lawyers told Cointelegraph that by and large, the words on their own as “pretty useless.”
Instagram Users Will Soon Be Able to Mint and Sell NFTs
The latest update to the platform’s Digital Collectibles feature will first be tested among a small group of creators.
Skyward finance exploit allegedly results in $3 million loss
The hacker appears to have drained the platform of 1.1M NEAR tokens, worth an approximate $3 million dollars USD at time of publication.
Crypto Miner Marathon Digital Mines Record 615 Bitcoin in October
Marathon increased its hashrate by 84% in October.
Switzerland’s financial regulator extends reporting requirements for crypto transactions
FINMA said it stood by an AML ordinance requiring identity checks for transactions of virtual currencies to cash or “other anonymous means of payment” exceeding 1,000 Swiss francs.
‘Great cryptocurrencies have to go through several collapses,’ says Cardano founder
According to Charles Hoskinson, projects that have survived both bull and bear markets over the years were “resilient under an adversarial load” — and many DeFi protocols weren’t.
Daily Crunch: Former Googlers raise more than $90M to scale alternative asset fintech startup
To get a roundup of TechCrunch’s biggest and most important stories delivered to your inbox every day at 3 p.m. PDT, subscribe here. Hellooooo, guess what? It’s November! We guess it was actually November yesterday, too, but we failed to notice, because LOL what even is time, amirite. Anyway, put away your Halloween costumes and … Read more
Apple’s own 5G modems might come to iPhones later than expected
Qualcomm will be making a bunch of chips for iPhones next year. | Photo by Amelia Holowaty Krales / The Verge Apple will once again rely on Qualcomm modems for its 2023 iPhones, Qualcomm said on its Q4 2022 earnings call, meaning that we’ll be waiting a little while longer for Apple to introduce its … Read more
Instagram will soon allow select creators to make and sell NFTs directly in its app
Meta announced today that it is introducing a number of new creator updates across Instagram and Facebook. Most notably, the company revealed that creators on Instagram will soon be able to create their own NFTs and sell them directly to fans, both on and off Instagram. With this update, creators will have access to a … Read more