Snapchat says it is suitable for teens as young as 13, but Pennsylvania now alleges the app’s content and design tell a very different story. The state’s attorney general has sued the social media company, alleging Snapchat uses disappearing content, Snapstreaks, notifications, and other engagement features that encourage compulsive use among children. Pennsylvania says these…
WEEK IN REVIEW Key Takeaways Charles Schwab added SOL, AVAX and LINK as its $13T crypto push expands beyond BTC and ETH. Circle minted 5B USDC in 1 week, signaling stronger liquidity as stablecoin supply rebounds. Coinbase and Better launched BTC mortgages after a waitlist projected over $260M in demand. $13T Asset Manager Charles Schwab…
“Institutions increasingly want to work with a trusted partner that can support the full lifecycle of digital assets,” said BitGo’s CEO. Crypto company BitGo has officially acquired NYDIG’s Bitcoin-focused institutional trading business. The deal was signed and completed on Thursday and reported on Friday, paying $7 million in cash and about $35.5 million in stock…
Flock’s AI surveillance cameras are increasingly being targeted by its critics across the country. No, we’re not just talking about vigilantes who are taking the cameras down in their towns. We’re talking about politicians now, too. And it’s a bipartisan effort; an anti-Flock position is being taken up by both Republican and Democratic politicians. Case…
Ripple has hired London Metal Exchange treasury executive Joseph Thompson for its trading and markets team, according to an Aug. 28 report. Summary Ripple appointed Joseph Thompson to the trading and markets team, focusing on tokenization strategy and delivery. Thompson leaves LME on August 31 after nearly ten years working at the metals exchange. He…
Lake Ontario is no more on Google Maps in the US. Google changed the name of easternmost of the Great Lakes to “Lake America” late Saturday, days after President Donald Trump ordered its rebranding in official government databases. Trump issued the executive order on Thursday as part of an ongoing feud over tariffs with Canada,…
Key Takeaways Sberbank plans to accept bitcoin, ether, and tether as loan collateral. The expansion depends on Russia’s new crypto rules taking effect. Sber previously conducted a crypto-backed loan pilot with Intelion. Sberbank Plans to Expand Crypto-Backed Lending Sber, Russia’s largest bank, majority-owned by the government, plans to accept bitcoin, ether, and tether as collateral…
Bitcoin’s powerful breakout has lost some of its initial momentum after reaching the $80K region. With both spot price action and futures activity showing reduced conviction, BTC appears increasingly likely to enter a choppy consolidation phase before establishing its next major directional move. Bitcoin Price Analysis: The Daily Chart Bitcoin’s daily structure remains substantially stronger…
Elon Musk says he’s found a way to solve one of AI’s biggest bottlenecks by making a hard-to-manufacture turbine part himself. On Saturday, Musk confirmed what a secret foundry SpaceX has been building in Bastrop, Texas, is for — an apparent response to a story that was already closing in on the details. Earlier in…
Ripple pledged $300,000 on Aug. 29 to support emergency relief following catastrophic floods across Nepal and China’s Tibet region. Summary Ripple pledged $300,000 to World Central Kitchen and Mercy Corps for Nepal-Tibet flood relief operations. World Central Kitchen’s local restaurant partners are distributing meals across Nepal’s Rasuwa and Nuwakot districts. Mercy Corps is coordinating emergency…
