Airbnb CEO Brian Chesky. John van Hasselt | Corbis | Getty Images A short-term rental vacation host has filed a proposed class action lawsuit against Airbnb, alleging that the tech company violated its contract with hosts when the company offered full refunds to guests in the wake of the coronavirus pandemic in March. The lawsuit
Month: November 2020
Apple has reportedly placed its initial production order of 25 lakh MacBook laptops powered by the rumoured in-house CPU. The suppliers are asked to fulfil the requirements by early 2021. Just like the iPhone, Apple is looking to introduced in-house silicon central processing units on its MacBook range of laptops. A report suggests that new
Cash App, the Bitcoin-friendly mobile payments app from U.S. financial services firm Square, has reported Bitcoin (BTC) has overtaken all other revenue sources, making up almost 80% of its entire revenue in the third quarter. In Square’s third-quarter report, Cash App’s Bitcoin-derived revenue of $1.63 billion in Bitcoin marked a massive increase of more than
Some $1 million in Ethereum tokens is locked in a new DeFi app after its developers made changes to the protocol’s interest rate smart contracts. DeFi lending platform PercentFinance, a fork of Compound Finance, wrote in a blog post on Nov. 4 that “that some of [its] money markets experienced an issue that can result
The long awaited deposit contract for Ethereum 2.0 has finally been deployed opening the doors to staking opportunities for ETH holders. Deposits began in earnest with over $1 million in ETH landing in the contract within the first half an hour according to observers like The Crypto Cactus. “$1,000,000 locked in $ETH 2.0 in 30
According to a Wednesday filing, the U.S. Justice Department seized $24 million in virtual currency pursuant to an official request from the Brazilian government. The Department of Justice, or DoJ, said that the government of Brazil requested its assistance in connection to a crypto fraud scheme called “Operation Egypto.” Authorities in the South American nation
Maintain your employer brand in a pandemic Read the VentureBeat Jobs guide to employer branding Download eBook Ushur, a company developing conversational AI and business automation solutions, today raised $25 million. In a press release, the company said the fresh capital would be used to accelerate its sales and marketing efforts. With customer representatives increasingly
Social media companies put warning labels on multiple posts by President Donald Trump that falsely claimed victory in the US election and pushed unfounded allegations about the counting of legitimate ballots. The companies differ in how directly they challenge false statements. Twitter labelled tweets as “misleading” and limited how they could be shared and seen. Facebook acted
A cyberespionage campaign aimed at aerospace and defense sectors in order to install data gathering implants on victims’ machines for purposes of surveillance and data exfiltration may have been more sophisticated than previously thought. The attacks, which targeted IP-addresses belonging to internet service providers (ISPs) in Australia, Israel, Russia, and defense contractors based in Russia
On Nov. 4 the open interest on Bitcoin (BTC) options reached a new all-time high. As this occurred an even more curious case emerged. On Nov. 6, a total of $470 million in open interest is set to expire. This is rather unusual as usually monthly and quarterly concentrate the liquidity. At the moment, Deribit
With the price of bitcoin jumping to fresh 2020 highs last month, those running the digital currency’s underlying infrastructure are pondering the consequences. Namely, the routing node operators at the heart of Bitcoin’s Lightning Network are busily bracing for the curious new users that usually come with a bull run. Bitcoin’s Lightning Network promises faster
Ethereum (ETH) has hit multiple records amid news that ETH 2.0 could launch as early as Dec 1, according to crypto analytics firm Glassnode. Today’s launch of the deposit contract introduced the ability for users to deposit 32 Ether required to participate in staking. ETH 2.0’s beacon chain genesis will take place on Dec. 1
In a filing from Wednesday, the Department of Justice asked to seize $1 billion from an unnamed hacker. Specifically, the DoJ is asking the court of the Northern District of California to lock down on: “Approximately 69,370.22491543 Bitcoin (BTC), Bitcoin Gold (BTG), Bitcoin SV (BSV), Bitcoin Cash (BCH), obtained from 1HQ3Go3ggs8pFnXuHVHRytPCq5fGG8Hbh.” The court document did
The Many Facts Pointing to John Nash Being Satoshi Nakamoto Six years ago, a number of theories spread across the internet that claimed the famed American economist and mathematician John Forbes Nash Jr. was Satoshi Nakamoto. There’s a bunch of circumstantial evidence that has invoked some research into the possibility … read more. Southeast Asia’s
There are very few gaming laptops in the market right now that can strike the perfect balance between crazy high specs and portability. Dell’s Alienware M15 R3 seems to have hit the sweet spot between the two. It is essentially an Area 51 after six months of cardio — it’s got similar looks and styling
Sony A8H Ultra-HD HDR OLED TV has been launched in India, priced at Rs. 2,79,990 for the 65-inch version. The new OLED TV is the latest in Sony’s premium television range, and has an Ultra-HD (3840×2160-pixel) OLED display, with support for HDR up to the Dolby Vision format. The TV is available now through Sony
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