Author: LGX
Square and Twitter CEO Jack Dorsey announced the project in August with the goal of making Bitcoin the Internet’s native currency. . “In order to achieve this, the nature of financial institutions needs to evolve. We can either embrace this change — by investing in this future as a public good by rethinking our business models and ways to create value — or we can let this future happen to us,” according to a blog post by the company. Bridging the Gap between Fiat currency & Bitcoin tbDEX is projected to bridge the existing gap between fiat currency and Bitcoin…
Tesla’s app server went offline a few hours ago, resulting in an app outage that stopped owners from connecting to their cars. Tesla owners who depended on their phones instead of keycards found themselves locked out of their vehicles. The issue was first reported by Electrok on Friday night after drivers complained to them. Initially, it appeared to affect only North American drivers but this was confirmed to be not the case after an owner from Seoul, South Korea tweeted at Elon Musk about a server error on the Tesla app to which Mr Musk replied that he’s “checking” it…
As part of the new functionality, users will be able to “Rage Shake” their phones in order to report an issue, and after images have been uploaded, the app will allow users to delete individual images from a carousel. Instagram’s head, Adam Msseri announced the news in a video he posted to his Twitter account. According to Mosseri, users will easily be able to report any problems they may encounter on the app to the company. Instagram already have an option of reporting issues using the “Did something go wrong?” feature in the Settings which allows users to report issues…
Apple just made it easier for users to do their own repairs. With its Self Service Repair program, Apple will let you repair products using official Apple parts and tools. The service will be available in early 2022 in the US and will initially be able to fix an iPhone 12 or iPhone 13, with M1-based Macs eligible afterward. During the first “phase” of Self Service Repair, core components such as the battery, camera, and display will be available, with other parts becoming available later.Through an online self service repair store, Apple will provide customers with a repair manual, after…
Authorities in China contend cryptocurrencies disrupt economic order, facilitate asset transfers that are illegal, and lead to money laundering. The Chinese government is taking punitive measures to stop cryptocurrency mining, which they call an “extremely harmful” practice that undermines the effort to reduce carbon emissions. It comes as China’s central bank has banned all cryptocurrency-related transactions, including cryptocurrency trading and mining. Bloomberg reports that China has instructed its government companies to stop cryptocurrency mining and has threatened to raise electricity prices for institutions found to be abusing their access to subsidized power to participate in crypto mining. In a press…
A mysterious crypto wallet has transferred at least 15 Bitcoins, worth nearly $1 billion to an anonymous wallet. Bitcoin is the most valuable and largest cryptocurrency in the world. These large crypto accounts can potentially influence the value of a cryptocurrency, which is why these accounts are called crypto whales in the crypto world. $993,191,088 worth of Bitcoin According to Blokchain.com, $993,191,088 worth of Bitcoin has been transferred into another wallet. Just over a week ago, 1 Bitcoin reached an all-time high of $67,582.60, and is currently trading at a price of $59,953.290. Since Bitcoin relies on a Blockchain ledger…
GoDaddy has just announced the acquisition of Pagely, a pioneer in Managed WordPress. GoDaddy did not reveal the terms of the deal, but it did say it will continue to invest and enhance its existing WordPress and WooCommerce platforms to support small businesses and website designers. Enterprise, government, and media customers are still able to make use of the scalable Managed WordPress services from Pagely. According to Osama Bedier, GoDaddy’s president of commerce, the company is committed to helping small businesses grow by providing intuitive “omni commerce” solutions that enable them to sell anything, anywhere. He added “Pagely possesses the…
Research by Coinformant shows that Indonesia is the top “crypto hotspot” in the world for digital assets this year. According to Indonesia’s National Religious Council, Muslim should not use cryptocurrency because the digital currency does not follow Sharia tenets. Bloomberg reported that the head of Indonesian Ulema Council Asrorun Niam Sholeh describes the online currency as having “elements of uncertainty, wagering, and harm,” which violates Islamic law principles. Although Sholeh’s point does have broad implications and may influence the take up of cryptos by local institutions, it doesn’t mean cryptocurrency trading is officially banned in Indonesia. In Indonesia, the Ulema…
With close ties to China, Pakistan has called on TikTok to create effective mechanisms for dealing with illegal content. Media regulators in Pakistan lifted the ban on shot video apps again on Friday. Today is now four months that the popular Chinese video-sharing service has taken steps to control the spread of obscene material. This ban has been imposed and lifted four times in 15 months by the Pakistan Telecommunication Authority. TikTok deemed as “immoral, obscene and vulgar” TikTok, which is popular among Pakistani teens and young adults, was first blocked in Pakistan by the government over widespread complaints about…
The company behind the social media brand Facebook has changed its name to Meta and updated its logo to resemble an infinity loop. Founder Mark Zuckerberg announced the name change at the latest annual Facebook connect event. He also spoke about the company’s updated logo featuring a looping M. Representing the company’s venture into the metaverse, the brand’s aim is to create a parallel world to the real world where people can experience a parallel existence. The new name, which was designed with the company’s familiar 2019 typeface, has been incorporated into all company apps, including Whatsapp, Instagram and Messenger.…