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Crypto News & Tech Updates

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Crypto News & Tech Updates

Twitter succumbed to one of its largest outages ever, after months of cost cutting and tortured testing by Elon Musk.

On Wednesday, the ability to tweet, retweet, quote tweet, and direct message on Twitter, each core functions of the platform, stopped for many users on Wednesday.

The outage led Musk to send a brief email to Twitter staff, directing them to “pause” the testing of new features, according to a person who received the email.

The outage was not fully resolved as of late Wednesday afternoon.

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Crypto News & Tech Updates

Zoom is eliminating 15% of its workers as the service that became ubiquitous during the pandemic adapts to slower growth.

The company will cut about 1,300 jobs as part of a restructuring, CEO Eric Yuan said Tuesday in a blog post.

Yuan called himself “accountable” for the company’s issues and said he would cut his salary and forgo his bonus.

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Crypto News & Tech Updates

Google is getting its ChatGPT competitor ready for primetime.⁣

The company said on Monday that its new conversational AI service, called Bard, would be opening up to trusted testers, and that it is readying the service for the public “in the coming weeks.” The service aims to generate detailed answers when given simple prompts, such as what to make for lunch or how to plan a friend’s baby shower.⁣

Bard will be powered by LaMDA, a large language model developed by Google that stirred controversy in May when a Google software engineer publicly asserted that the AI was “sentient” — a claim that has since come under scrutiny.

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Crypto News & Tech Updates

👀 Michael Saylor: FTX's meltdown was painful but necessary for the industry to grow up.

👉🏻 This is a common view among those in the industry, as it highlights the importance of having robust infrastructure and systems in place to handle high levels of volatility and trading volume❗️

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Crypto News & Tech Updates

Over the past 24 hours, Sandbox has started unlocking an estimated total of 170 million SAND coins, of which 78 million SAND ($60 million) has been transferred directly to the Binance deposit address.

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Crypto News & Tech Updates

It's about to get a lot harder to share a Netflix account.

In an FAQ on Wednesday, Netflix described the strategy which is currently being trialed in Chile, Costa Rica, and Peru, and it all centers around your home WiFi network.

The trial, which started in May, currently charges between $2 to $3 per month to add an extra person living elsewhere to a household's Netflix account.

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Crypto News & Tech Updates

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Crypto News & Tech Updates

🔵🥇 Twitter begins applying for regulatory licenses to introduce payments across the platform, which will "potentially" include Bitcoin and crypto.

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Crypto News & Tech Updates

🇵🇭 Strike users can send to The Philippines.

Instant remitance payments across the world for less than 1 cent fees by using new bitcoin and lightning technology.

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Crypto News & Tech Updates

🪙 Nigeria's Bitcoin market skyrockets with a 63% premium ($37,869).

This demand comes just weeks after the Central Bank's cash withdrawal restrictions.

The country now leads the world in "Buy Bitcoin" searches.

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Crypto News & Tech Updates

Uber Eats is introducing a new feature that shows users how much of their personal information is shared with their delivery person when they place an order on the app. The feature, which is called “View as Delivery Person,” is designed to add a level of transparency when ordering food via the app.

The feature will show how much of your information is shared with your courier at every stage of the delivery. For instance, when you request a delivery, the courier will see your approximate delivery location. When the courier accepts the delivery, they will see your first name and last initial, along with your exact delivery location and any customer notes you may have added regarding your order. Once the delivery is complete, the courier will see your delivery location, but not your house number or unit number.

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Crypto News & Tech Updates

Chrome is rolling out an update for Android users that lets them lock their incognito sessions with a password code or biometric info when they exit the app. The feature has been available for iOS users for some time, but now it’s being made available to folks using Chrome on Android.

Users can activate this feature by going to Chrome Settings > Privacy & Security and turning on the “Lock incognito tabs when you close Chrome” toggle. So next time when a user exits Chrome, their incognito session will automatically be locked. To unlock the incognito tabs, you can use the biometric unlock on the phone such as a fingerprint unlock or lock code.

This feature works well when searching for a topic that you don’t want to appear in your recommendations or history.

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Crypto News & Tech Updates

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⚡️Visa will launch Stablecoin settlements

Kai Sheffield, head of the company's cryptocurrency division, made the announcement when he spoke at the StarkWare Sessions 2023 conference.

Visa is now testing settlements based on the USD Coin Stablecoin (USDC)💰. In the future, blockchain technology will be integrated into existing transfer systems📈

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Crypto News & Tech Updates

⚡️​​The top 100 largest companies in the world, and what blockchain projects they have already invested in in 2022

💭Most of these companies are investing in projects that offer solutions and services in the form of non-exchangeable tokens (NFTs)📈

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Crypto News & Tech Updates

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New references in Instagram’s code suggest the company could be developing a paid verification feature following the rollout of a similar system at Twitter under Elon Musk. Recently discovered code snippets reference explicitly refer to a “paid blue badge” and a new subscription product, a developer has discovered. The same reference also appears in the latest build of the Facebook app, indicating paid verification could be offered across Meta’s platforms if the product continued to be developed.

The discovery was made by developer and reverse engineer Alessandro Paluzzi, who has previously spotted a number of new Instagram features before they launched, including the in-app scheduling tool that launched in November and the newer QR code sharing features. He’s also regularly spotted other internal prototypes, like Instagram’s Candid Challenges and features in development with Twitter.

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Crypto News & Tech Updates

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Crypto News & Tech Updates

🟡 There are still 32,800 people in the world who continue to actively trade transactions on the Terra network.

🟠 BNB Chain leads with a 20 million user army.

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Crypto News & Tech Updates

Despite the population being roughly split about breaking from Britain, Australia plans to drop Queen Elizabeth II from it's A$5 banknote. The note's design will be replaced with a tribute to First Australians, rather than the anticipated image of King Charles III.

Australia, which still has the British Monarch as head of state, previously announced it will shift coins to feature Charles at some point in 2023.

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Crypto News & Tech Updates

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Chinese internet giant, Baidu, is planning to debut an artificial intelligence chatbot service in March, according to sources. The tool, which remains unnamed at this point in time, will allow users to receive conversation-style search results similar to OpenAI’s ChatGPT, marking China's most prominent entry in the race to adopt AI.

The news comes after ChatGPT gained interest in China, with some users sharing conversations over social media despite internet censorship.

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Crypto News & Tech Updates

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Crypto News & Tech Updates

🇺🇸 Bill to establish Bitcoin & crypto as a form of payment in state agencies has been introduced to the New York Senate.

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Crypto News & Tech Updates

Tesla just beat Wall Street revenue estimates for the fourth quarter of 2022. The company closed out Q4 with $24.3 billion in revenue, a 37% increase from the same quarter last year and a 13% bump quarter-over-quarter. Analysts had expected the company to earn around $24.2 billion, according to Yahoo Finance data.

The electric vehicle maker had $1.4 billion in free cash flow at the end of Q4, which is down from the $3.3 billion the company had in the bank at the end of the third quarter.

Tesla’s stock saw a 3.2% spike to $149 per share immediately after earnings dropped and continued to rise to $151.52 in after-hours trading.

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