Greenpeace, the well known environmental NGO, has unveiled the “Skull of Satoshi,” an art installation intended to spark debate about the impact of Bitcoin on the environment. The 11-foot skull was constructed with electronic waste materials and features smokestacks and Bitcoin logos. However, its creator, Benjamin Von Wong, explained it was not meant to be
Month: March 2023
The recent banking crisis in the United States seems to have shaken the belief of some customers in the legacy banking system. According to Federal Reserve data, customers pulled nearly $100 billion in deposits in the week ending March 15. American venture capital investor and entrepreneur Tim Draper said in a March 25 report that
The next G7 meeting might bring a push from the seven biggest democracies for tougher regulations on cryptocurrencies around the world, Kyoto news agency reports on March 25. Together, leaders from Japan, the United States, the United Kingdom, Canada, France, Germany, and the European Union will outline a cooperative strategy to increase crypto transparency and
ACCRA, GHANA — Block CEO Jack Dorsey and his top brass descended on Accra for the inaugural Africa Bitcoin Conference in December to talk about one of the most potentially disruptive and transformative alternatives to the continent’s existing financial system: bitcoin. Since its inception in 2008, this unfamiliar form of money has alternatively been disdained
Redmi Note 12 Turbo — the company’s most powerful smartphone in the Note 12 lineup — is set to make its debut in China next week. The Chinese phone manufacturer recently launched the other Redmi Note 12 series handsets in global markets, months after they were introduced in China and India. Ahead of the launch event for the
Mar 25, 2023Ravie LakshmananArtificial Intelligence / Data Security OpenAI on Friday disclosed that a bug in the Redis open source library was responsible for the exposure of other users’ personal information and chat titles in the upstart’s ChatGPT service earlier this week. The glitch, which came to light on March 20, 2023, enabled certain users
A federal judge on Friday set a fast-paced schedule in the U.S. Justice Department’s antitrust lawsuit challenging Google LLC’s digital advertising technology practices, moving the case along more quickly than either side had proposed. U.S. Magistrate Judge John Anderson in Alexandria, Virginia, after a brief hearing, issued an order setting Jan. 18, 2024, as the
Nasdaq intends to launch its custody services for digital assets like bitcoin by the end of this year’s second quarter. The exchange operator is among those traditional financial firms that want to play a role as intermediaries in the crypto sector which saw the collapse of some major players. Stock Exchange Nasdaq Seeks Regulatory Approval
American venture capital investor and entrepreneur Tim Draper advised founders to keep at least two payrolls worth of cash in Bitcoin (BTC) or alternative cryptocurrencies, in response to the uncertainty created by the collapse of Silicon Valley Bank (SVB). In a March 25 report directed at business founders, Tim Draper stated that Bitcoin is a
Following his arrest in Montenegro while attempting to fly using fake documents, Terraform Labs co-founder Do Kwon will reportedly appeal the court’s decision to extend detention time for up to 30 days. A legal representative of Kwon confirmed the appeal against the Montenegrin court’s decision to detain the entrepreneur for longer than usual, according to
TikTok CEO Shou Zi Chew testified before the House Energy and Commerce Committee on March 23, 2023, amid a chorus of calls from members of Congress for the federal government to ban the Chinese-owned video social media app and reports that the Biden administration is pushing for the company’s sale. The federal government, along with
Microsoft on Monday won the dismissal of a private consumer antitrust lawsuit over its $69 billion (about Rs. 5,70,300 crore) proposed purchase of Call of Duty maker Activision Blizzard, but the plaintiffs were given 20 days to refine their legal challenge. A federal judge in San Francisco ruled that the lawsuit from a group of
China and U.S. flags are seen near a TikTok logo in this illustration picture taken July 16, 2020. Florence Lo | Reuters BEIJING — China says it would “strongly oppose” a forced sale of TikTok, making clear the government’s involvement with the social media giant that’s trying hard to distance itself from Beijing authorities. The
AirPods Pro (2nd Gen) — the company’s successor to the first generation AirPods Pro that were launched in 2019 — could be released as a new model with a USB Type-C port later this year. According to information shared by an industry analyst, the Cupertino company could be working on a new AirPods Pro model that features
Mar 25, 2023Ravie LakshmananEnterprise Security / Microsoft Microsoft on Friday shared guidance to help customers discover indicators of compromise (IoCs) associated with a recently patched Outlook vulnerability. Tracked as CVE-2023-23397 (CVSS score: 9.8), the critical flaw relates to a case of privilege escalation that could be exploited to steal NT Lan Manager (NTLM) hashes and
Billionaire Barry Sternlicht, chairman and CEO of Starwood Capital Group, has warned that the U.S. economy is going to implode, emphasizing that interest rates have to fall. He further stressed that the economy “will have a hard landing.” Barry Sternlicht on Hard Landing, Economic Implosion The chairman and CEO of Starwood Capital Group, billionaire Barry
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