Month: November 2022
‘CZ’ Zhao on why Binance bet big on Twitter despite Musk’s machinations
It’s hard to imagine committing to invest $500 million in someone’s vision for a company, only to watch that individual almost immediately try to distance himself from it. But Changpeng “CZ” Zhao told an audience tonight at Web Summit in Lisbon that he wasn’t bothered when, after committing to invest $500 million in Elon Musk’s … Read more
First Mover Asia: Ripple’s APAC Policy Chief Sees Hopeful Shift in Hong Kong Crypto Statement; Dogecoin Soars Again
But Rahul Advani told CoinDesk the industry needs more details about the city’s plans.
Hong Kong Wants to Be a Crypto Hub Again
Hong Kong says it welcomes virtual asset companies, but a lot of details still need to be ironed out.
FTX exec revealed as big donor to Oregon Democrats following misidentification
The FTX director of engineering reportedly contributed $500,000 to the Democratic Party of the American state of Oregon.
Google’s putting its Lens image search right on its home page
Google Lens is now built into its search bar. Google has been integrating its Lens image recognition tech into several of its products for quite a while now, including Google Photos and Chrome, but now it’s putting it front and center. As 9to5Google points out, Google’s added a Lens button right to its home page, … Read more
Stablecoin Issuer Paxos Receives Operating License From Singapore Regulator
Paxos, issuer of the USDP stablecoin, can offer crypto products and services in Singapore after securing the license under the nation’s Payment Services Act.
Twitter CMO is the latest to leave in a string of exec departures
Twitter CMO Leslie Berland is the latest executive leaving the social network, just days into its Elon Musk era, Bloomberg and the New York Times report. Citing unnamed sources, Bloomberg also writes that Jean-Philippe Maheu, the vice president of global client solutions, is leaving the company. Berland hasn’t said anything publicly about the job change … Read more
Black Friday and Cyber Monday 2022: deals, news, and more
Illustration by Alex Castro / The Verge We’re rounding up all of the best deals from across the internet to help you cross some names off your holiday shopping list. Continue reading…
Google is discontinuing support for the standalone Street View app and pulling it from app stores
Did you know Google had a separate Street View Map? I didn’t. | Illustration: The Verge Google will be pulling the standalone Street View app from app stores in the “coming weeks” and discontinuing support for the app in March 2023, spokesperson Madison Gouveia confirmed in a statement to The Verge. 9to5Google first spotted evidence … Read more
Research report outlines why the crypto market might be on the verge of a reversal
The bottom might not be in, but a report from Arcane Research outlines how the crypto market could perform in the short, medium and long-term.
Lightning Network releases emergency update after critical bug on LND nodes
The bug led LND nodes to fail to sync chain in the second critical bug in less than a month.
Terra-Victim Invictus Capital Defaults on $1M TrueFi Loan
This is the second time in a month that a lender defaulted on an unsecured loan on decentralized lending protocol TrueFi.
South African grocery giant ‘Pick n Pay’ intends to accept Bitcoin in all stores nationwide
The company said it will allow customers to pay with any bitcoin lightning-enabled app and QR codes for speedy payments.
Gibraltar Will Focus on Stablecoins and DeFi Lending After Market Turmoil
The country wants to develop its regulatory framework for crypto, Albert Isola MP, Minister for Digital and Financial Services said in an interview with CoinDesk.
Crypto regulation is 1 of 8 planned priorities under India’s G20 presidency, says finance minister
Nirmala Sitharaman’s comments came amid the Reserve Bank of India launching its digital rupee pilot program for the wholesale segment.
White House Convenes Summit for Stopping the Spread of Ransomware
Among other moves, the President’s office plans to share information with partners about crypto wallets used for laundering extorted funds.
They’re not going to ban TikTok (but…)
We’ve been hearing for years how TikTok hoovers up data globally and presents it to its parent company in China, and potentially thence to the powers that be. But despite renewed calls today from FCC Commissioner Brendan Carr, the popular app is very unlikely to be outright banned. That doesn’t mean it will be allowed … Read more
Daily Crunch: Amazon expands music catalog from 2M to 100M songs for Prime subscribers
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. The discussion is on in the newsroom as to whether folks are eager to pay between $8 and $20 per month for their blue checks on Twitter. Alex’s take was particularly sharp… … Read more
Lockheed Martin increases its bet on satellite manufacturer Terran Orbital with $100 million investment
Aerospace giant Lockheed Martin is deepening its investment in satellite manufacturer Terran Orbital with a $100 million investment and a cooperation agreement for the development and sale of smallsats through 2035. Terran also announced that it will now build its massive, $300 million space vehicle manufacturing facility in Irvine, California, not Florida as originally planned. … Read more
Crypto Exchange Binance to Use Twitter as Web 3 ‘Sandbox,’ Help Musk Fend Off Bots: Exec
Patrick Hillman, chief strategy officer at Binance, discusses the crypto exchange’s goals to help new boss Elon Musk fend off internet bots on Twitter and why the crypto exchange sees the potential for Web3 innovation following its $500 investment in the social media company.
Microsoft makes it easier to use pictures from your Android phone in Word or PowerPoint
Image: Microsoft Microsoft’s rolling out a feature to Office Insiders that lets you insert images from your Android smartphones directly into a web-based Word or PowerPoint file. While Microsoft already offers ways to transfer content between Windows PCs and Android devices via the Phone Link app Microsoft revamped back in March, this marks the first … Read more
AMD’s profits have cratered as the PC and crypto miner markets slow down
Image: AMD AMD was riding high last year as consumers bought computers in droves and cryptocurrency miners snapped up every GPU they could get, but this year, the company has come crashing down to the ground. While it’s bringing in more money than it was before, thanks in part to better sales in the data … Read more
NFTs Get a New Place to Live, With Ripple Aiming for Mass Adoption
Ripple community members voted in XLS-20 Monday, the standard for NFTs, that will facilitate scalability, efficiency, and protected royalties for creators.
Bitcoin Miner Stronghold Digital Completes Debt Restructuring
The company over the past 10 weeks has returned 26,200 miners to NYDIG in exchange for the extinguishment of $67.4 million of debt.