Bitcoin analysts and traders say BTC’s low volatility is ‘a calm before the storm’
Stocks markets slide toward yearly lows, while Bitcoin price remains range-bound. Here’s why crypto analysts expect a sharp move from BTC soon.
CNN to shut down its NFT marketplace and issue 20% refund
The nonfungible token venture, originally scheduled with a half-year road map, lasted little under four months.
Here’s what you missed at Meta Connect 2022
Last year at Meta Connect, the company then known as Facebook dropped a bombshell: it would now be known as Meta and focus on building the “metaverse.” After investing billions of dollars into the future of virtual reality, the rebranded Meta came back this year for its next big announcement: legs. Yes, avatars are going … Read more
The best anti-Prime Early Access Sale deals happening at Best Buy
Illustration by Kristen Radtke Amazon’s Prime Early Access Sale isn’t the only place where you can find marked-down tech products. Best Buy is participating with deals of its own, many of which price-match what we’re seeing at Amazon’s Prime member-exclusive event. By and large, searching on Best Buy for any of the deals currently live … Read more
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Financial Stability Board opens proposed crypto regulatory framework for public comments
“Effective regulatory and supervisory frameworks should be based on the principle of ‘same activity, same risk, same regulation,’” said the FSB proposal.
Google Chat upgrades for threading, custom emoji, and security are coming soon
Google finally has release dates for its Workspace upgrades. | Illustration: The Verge Google has steadily upgraded Workspace throughout the pandemic, and supporting the hybrid workplace took center stage during its Google Cloud Next event this week with new tweaks like an API @ tagging that can pull info from a third-party app into your … Read more
Crypto Mixers Haven’t ‘Slowed’ DOJ Investigations, Director Says
U.S. Department of Justice Crypto Enforcement Team Director Eun Young Choi said mixers cause a “multiplier effect” but aren’t “necessarily” slowing investigations down.
TempleDAO exploit results in $2M loss
The hack was allegedly caused by “a missing onlyMigrator check.”
Valkyrie to Liquidate Bitcoin Balance Sheet ETF After Limited Uptake
The crypto native investment shop’s Nasdaq-listed fund never really caught on with investors.
CNN Shutters Vault NFT Marketplace Prompting Rug Pull Accusations
Holders of the cable news network’s NFTs said they were disappointed by promises of long-term utility.
City of Niagara Falls orders Blockfusion facility to cease and desist crypto mining
The city notice effectively stopped the facility from conducting “any cryptocurrency mining or related operations” until Blockfusion was in compliance with local zoning ordinances.
This startup is building a web3-friendly app store for developers
Apple’s 30% tech tax on developers has not just antagonized consumer tech giants like Epic Games and Spotify but is also turning web3 startups against it. Major NFT marketplaces OpenSea and Magic Eden noticeably only let users browse listings on their iPhone apps without enabling trading to avoid the steep fees. But doing so bars … Read more
Asteroid-smashing planetary defense test was a success, NASA confirms
An image of asteroid Didymos (bottom left) and its moonlet, Dimorphos, about 2.5 minutes before the impact of NASA’s DART spacecraft on Monday, September 26th, 2022. | Image: NASA/Johns Hopkins APL When a spacecraft slammed into an asteroid last month, it pushed it closer to its companion and sped up its orbit by about 32 … Read more
Stellar Development Foundation launches $100M fund to support native smart contract adoption
The Soroban Adoption Fund incentivizes developers to begin building products and tools on the new smart contract platform.
Federal gig worker proposal tanks Uber, Lyft and DoorDash stocks
The stock prices of Uber, Lyft and DoorDash slid on Tuesday after the Department of Labor announced proposed changes to how workers should be classified. The prospective guidance is intended to “combat employee misclassification,” the federal agency said. In response, investors drove Uber’s share price down by more than 10% to $24.61, while Lyft’s tanked … Read more
Market Wrap: Bitcoin Remains in a Quiet Place Ahead of FOMC Minutes
The largest cryptocurrency by market capitalization continues in a tight range, a little over $19,000. Market Wrap is CoinDesk’s daily newsletter diving into what happened in today’s crypto markets.
Marvel’s delaying Blade, Deadpool 3, Fantastic Four, and Avengers: Secret Wars
Marvel’s Multiverse Saga logo. | Image: Marvel Studios The Marvel Cinematic Universe’s Multiverse Saga is still in full swing, but as tends to be the case with Marvel projects, a number of the studio’s upcoming release dates for its tentpole movies are being pushed back — some rather significantly. Disney announced today that its new … Read more
The best tablet and phone deals from Amazon’s Prime Early Access Sale
It doesn’t get much better than the Pixel 6A selling for $329. | Photo by Vjeran Pavic / The Verge You don’t want to sleep on Amazon’s Prime Early Access Sale if you’re looking for deals on tech products, particularly phones or tablets. Now through tomorrow, October 12th, you’ll be able to save a good … Read more
The profit divide running through the neobanking sector
Neobanks are wagers that modern, digitally native services can supplant the traditional banking landscape. Founders flocked to the idea, investors wrote myriad checks, and despite how far along we are in the neobanking boom, startups are still being formed today to attack the problem space. Lately, we’ve seen neobanks focused on targeted niches, often segmented … Read more
BNB Smart Chain to hard fork following $100M exploit
The upgrade is intended to fix the exploit that drained the platform of $100 million.
Kraken’s Jesse Powell on why he’s stepping down as CEO of the crypto exchange
Jesse Powell is stepping down from the CEO role at U.S.-based crypto exchange Kraken, The Wall Street Journal reported last month. Co-founded by Powell and Thanh Luu in 2011, Kraken is now the fourth-largest crypto exchange by volume, according to CoinMarketCap. It’s a critical inflection point for the company, which was valued at $10 billion … Read more
South African Non-Profit Bitcoin Ekasi Opens Education Center
The center will educate residents in Mossel Bay on bitcoin, finances and other subjects.
Mark Zuckerberg takes a shot at Apple’s closed ecosystem
Illustration by Nick Barclay / The Verge Mark Zuckerberg is making it clear that he’s ready for a fight with Apple. During Meta’s Connect conference today and in an interview with The Verge, he said that Apple’s currently unannounced VR platform is going to be worse for consumers because it’ll be a “closed ecosystem” while … Read more
Major European airlines mislead customers with carbon offset credits, report says
A Lufthansa Boeing 747-430 landing in Barcelona on September 30th, 2022. | Photo by Urbanandsport/NurPhoto via Getty Images Airlines are selling passengers false hope that they can cancel out their flight’s negative impact on the environment, according to a new report. It probed eight of the biggest airlines in Europe and found that many of … Read more