A German law requiring social media platforms to promptly respond to reports of hate speech — and in some cases remove illegal speech within 24 hours of it being brought to their attention — looks like it will provide an early test for whether Elon Musk-owned Twitter will face meaningful legal consequences over how recklessly … Read more
Rostin Behnam, the chairman of the U.S. Commodity Futures Trading Commission (CFTC), will testify at a Senate hearing next week set to examine the “lessons learned from the FTX collapse,” according to a listing on the Senate Agriculture Committee’s website.
This past weekend, the world’s nations wrapped a meeting where they tried to figure out how to deal with climate change. It was the 27th time they’ve done it in as many years. Think about that. We’ve been at this for nearly three decades, and we’re still burning more fossil fuels than ever before. COP27, … Read more
The country’s first effort at crypto regulation amends the country’s Capital Markets Law to define crypto as a security and establish reporting, tax and other requirements.
In the wake of Elon Musk’s takeover of Twitter, users have been fleeing to other social apps like open-source microblogging platform Mastodon and niche communities like CounterSocial. Now, another social app called Hive is seeing a boost in sign-ups in response to the upheaval at Twitter. The app today finds itself in the top 20 … Read more
Image: Sega What the game does right is obscured under layer after layer of poor design, glitches, and an inscrutable story. Continue reading…
The far larger Grayscale Bitcoin Trust has declined to make sure information known for security reasons.
The 2022 Los Angeles Auto Show is in the rearview mirror, leaving us with one final task: sharing a roundup of the weird and wonderful, the awkward and eye-popping vehicle unveilings and new announcements that made this year’s show. The auto show didn’t quite capture the energy of those heady pre-COVID pandemic days, although it … Read more
With Elon Musk’s Twitter seeing a backlash, users are flocking to web3 alternatives. Will the trend last?
If you follow NASA’s many interplanetary and orbital missions, you’re no doubt familiar with Thomas Zurbuchen, the agency’s associate administrator of science. He also oversees NASA’s science program with a total budget approaching $7 billion a year. That’s a mighty big number, but there’s an even bigger reason why we’re thrilled that Dr. Zurbuchen will … Read more
The most prominent U.S. crypto exchange went public in 2021 in a high-profile public stock listing. But COIN shares has been down after since, and the FTX contagion represents the latest scare.
Illustration by Laura Normand / The Verge Elon Musk announced a new wave of layoffs affecting Twitter’s sales teams on Monday, according to a report from Bloomberg. Sources familiar with the situation told Bloomberg that Musk is cutting more workers to balance out each team, but it’s still not clear how many people lost their … Read more
The exploiter drained hundreds of millions of digital assets from FTX on the same day as the embattled crypto exchange filed for bankruptcy protection on Nov.
The portable power bank first came on the scene in 2001, and since then, on-the-go charging has been a possibility for most mobile device users. Now, a new space company wants to bring the concept of mobile charging to the moon — not for cell phones, of course, but for rovers and landers. Toronto-based Stells, … Read more
I asked the SEC to take public comments on issues related to cryptocurrency custodians and intermediary conflicts. The SEC declined to take my advice, and FTX fell apart soon after.
Japan’s Financial Services Agency requested the exchange suspend business orders on Nov. 10 prior to FTX Group declaring bankruptcy in the United States.
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If Genesis is forced to file for bankruptcy, creditors will have no claim on GBTC assets, the report said.
If you are building a startup today, it’s likely harder for you to raise money than it was a year ago. New data makes it clear, however, that not every startup stage is feeling the same headwinds. A lack of uniformity in the startup fundraising climate is not novel. We have seen, variously, a Series … Read more
Bitcoin bear market lows come in various shapes and sizes but BTC price is due to dip further, many analysts say.
The amendment could help Kenya’s regulators govern digital currency transactions.
