The so-called “Crypto King of Congress” blames over-centralization and old-fashioned fraud for FTX’s collapse (not crypto). As Congress considers new crypto legislation, can he persuade his colleagues – including the combative Elizabeth Warren – of the same?
Price takers have been placing large market buy orders at the same pace as market sell orders, data from Kaiko Research show. However, overall liquidity remains thin, implying a high risk of sudden price crash.
Apple’s latest silicon innovations shine in the Mac Mini. The tiny desktop computer is the latest Apple computer fitted with the M2 chipset. For $599, buyers can opt for the M2 or spend $1299 for the impressive M2 Pro, which features unique benefits. For the last several days, my M1 Mac Mini sat on the … Read more
Everyone is excited for Final Fantasy XVI, but in an age of endless sequels the fresh and original action RPG Forspoken has gamers hoping that a fun new franchise is being minted. Unfortunately, Square-Enix’s risky bet doesn’t quite pay off: it’s an ambitious but disjointed experience that feels for all the world like none of … Read more
Several senior executives have been arrested in Spain, Europol announced, following founder Anatoly Legkodymov’s arrest in Miami.
Image: Square Enix There’s a fascinating story and incredible parkour action buried under lackluster combat and a game lacking technical polish. Continue reading…
The M2 Air is as close as Apple has ever come to the perfect MacBook. It’s a kind of platonic ideal for the category, and the culmination of key updates to the product line, including the arrival (and upgrade) of Apple silicon and the company’s acceptance that some things (bad keyboards, Touch Bar) simply weren’t … Read more
Apple’s new MacBook Pro 16 with M2 Max has exactly one significant upgrade from the 2021 model: a more powerful chip. Continue reading…
Slightly worse battery life aside, I’m a big fan of almost everything Sony did to improve on the already-great DualSense. Continue reading…
With two processor choices — one for everyday computing, the other for conquering creative work — Apple’s littlest Mac has never been more appealing. Continue reading…
There is yet no opportunity to know whether US dollar-backed stablecoins like USDT or USDC will be allowed in Japan by June 2023, the FSA said.
Veteran tech giant PayPal is facing an antitrust investigation in Germany — where the Federal Cartel Office (FCO) has announced it’s looking into its rules on surcharges. The regulator is concerned that restrictions PayPal imposes on merchants could be harming competitors and inflating costs for consumers by restricting price competition. Clauses in PayPal’s terms the … Read more
A new feature is in development that will allow WhatsApp users to send images at their original size and resolution. | Illustration: The Verge WhatsApp could soon allow users to send photos at full quality without having to worry about image compression, if code discovered in the latest beta version of the Android app is … Read more
There is no law that bans U.S. banks from issuing paper or digital private banknotes, American Institute for Economic Research economist Thomas Hogan argues.
Bitcoin mining firm Argo regained compliance with Nasdaq’s listing rule, which requires a company to maintain its common stock’s minimum bid price of $1 for 30 consecutive trading days.
U.S. lawmakers must prevent the further erosion of our privacy rights by defending our right to use privacy-preserving tech and passing laws against unreasonable and constant digital surveillance.
SBF was crypto’s number one influencer in Washington. Now the collapse of FTX is fueling a crackdown, says Jesse Hamilton.
India’s central bank has directed SBM Bank India to stop all outward remittance transactions in a blow to the bank and many of its fintech partners that offer services allowing users to invest in foreign services. The Reserve Bank of India said in a brief statement Monday that it has ordered SBM Bank India to … Read more
Music streaming service Spotify has announced that it will be conducting a round of layoffs that will impact around 6% of its global workforce. In its most recent earnings release, the company said that there were 9,808 full-time employees working for Spotify. Today’s move will impact around 600 employees. “Like many other leaders, I hoped … Read more
The latest price moves in bitcoin (BTC) and crypto markets in context for Jan. 23, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Earlier this month, OpenAI said it was exploring ways to monetize its AI chatbot ChatGPT, giving users the opportunity to sign up for early access to “ChatGPT Professional.” Now, some users say they’ve been granted access to a pro tier which costs $42 a month. OpenAI hasn’t confirmed this is an official test or made … Read more
Luis Rubén Chávez, founder and CEO of Zenfi, says consumer finance in Mexico and across Latin America “is basically broken.” “Achieving basic financial health in Mexico for around 50 to 60 million people is really hard,” he told TechCrunch. “Two out of three Mexicans have a subprime credit score with basically no tools to improve.” … Read more
Eugene Y. Mar Contributor Share on Twitter Eugene Y. Mar is a partner with Farella Braun + Martel LLP in San Francisco, leading the firm’s Technology Industry Group. Thomas J. Pardini Contributor Thomas J. Pardini is a senior associate with Farella Braun + Martel LLP in San Francisco, representing clients in intellectual property litigation. Tech … Read more
Under a new brand called “Afeela,” the Japanese electronics and media conglomerate is partnering with Honda to produce a new electric vehicle from 2026 onward, which will more than likely be built at Honda’s facilities in the US to take advantage of new EV tax credit rules. | Image: Getty It’s easy to be cynical … Read more
Recent gains are unlikely to presage a sustained advance, the report said.
Ark’s GBTC weight in the portfolio actually increased despite the fund selling 500,000 shares in the past month.
Illustration by Nick Barclay / The Verge Spotify will lay off 6 percent of its workforce globally, the company’s CEO Daniel Ek announced in an all-staff memo today. Spotify had just over 9,800 full time employees as of its last earnings report, meaning today’s layoffs affect a little under 600 staff. Dawn Ostroff, head of … Read more