Miami’s mayor Francis Suarez is trying to attract tech talent to his city. (The New York Times recently noted he’s joined by “a few venture capital influencers trying to tweet the city’s startup world into existence.”) So he’s still pushing a proposal to use bitcoin in a few city operations as “part of a larger play if you will to position…
Tag: reuters
Canadian Regulator Clears Launch of World’s First Bitcoin ETF
Canada’s main securities regulator has cleared the launch of the world’s first bitcoin exchange traded fund, an investment manager said on Friday, providing investors greater access to the cryptocurrency that has sparked an explosion in trading interest. Reuters reports: The Ontario Securities Commission has approved the launch of Purpose Bitcoin ETF, Toronto-based asset management company Purpose Investments Inc. said in a…
Darknet Crypto Kingpin JokerStash Retires After Illicit $1 Billion Run
The kingpin or kingpins of the world’s biggest illicit credit card marketplace have retired after making an estimated fortune of over $1 billion in cryptocurrency, according to research by blockchain analysis firm Elliptic shared with Reuters. From the report: The “Joker’s Stash” marketplace, where stolen credit cards and identity data traded hands for bitcoin and other digital coins, ceased operations this…
Mastercard To Open Up Network To Select Cryptocurrencies
Mastercard announced on Wednesday it was planning to offer support for some cryptocurrencies on its network this year. Reuters reports: Mastercard already offers customers cards that allow people to transact using their cryptocurrencies, although without going through its network. “Doing this work will create a lot more possibilities for shoppers and merchants, allowing them to transact in an entirely new form…
Reddit User Claiming To Be Tesla Insider Appeared To Reveal Bitcoin Buy a Month Ago
A Reddit user claiming to be a Tesla insider appeared to announce the carmaker’s purchase of bitcoin a month ago, according to a January post on the platform that said the electric carmaker had bought $800 million worth of Bitcoin. Reuters reports: The post here received little attention when it appeared, with the date on it reading Jan. 2, but it…
The iPhone 12 Mini Was Apple’s 2020 Sales Flop
An anonymous reader quotes a report from Ars Technica: Bad news for lovers of smaller phones: the iPhone 12 mini has sold poorly compared to other phones in the iPhone 12 lineup — poorly enough that analysts wonder whether Apple will remain committed to the smaller phone design moving forward. A data firm called Counterpoint Research found that the iPhone 12…
Evading Censors, Chinese Users Flock To U.S. Chat App Clubhouse
“The U.S. app Clubhouse erupted among Chinese social-media users over the weekend,” reports Bloomberg, “with thousands joining discussions on contentious subjects…undisturbed by Beijing’s censors.” On the invite-only, audio-based social app where users host informal conversations, Chinese-speaking communities from around the world gathered to discuss China-Taiwan relations and the prospects of unification, and to share their knowledge and experience of Beijing’s crackdown…
How the NSA’s Hubris Left America Vulnerable
A new book promises “the untold story of the cyberweapons market — the most secretive, invisible, government-backed market on earth — and a terrifying first look at a new kind of global warfare.” Its author — a New York Times cybersecurity reporter — shares the book’s story about David Evenden, a former National Security Agency analyst who later worked in Abu…
Robinhood Stops Limiting GameStop Shares
Robinhood has lifted all the buying curbs imposed at the height of the battle between amateur investors and Wall Street hedge funds. The change comes one week after the online broker limited clients to only buying a single share of GameStop and expanded its list of restricted stocks from 13 to 50. Reuters reports: The videogame retailer, the initial trigger for…
Samsung Considers Austin For $17 Billion Chip Plant
Samsung is considering Austin, Texas, as the site for a new $17 billion chip plant that the South Korean firm said could create 1,800 jobs, according to documents filed with Texas state officials. Reuters reports: The documents say the project would involve building out 7 million square feet (650,000 square meters) of new space on a 640-acre (259-hectare) site that the…