Tag: technews

Just Walk Out (Walk Out) at Lumen Field Just Walk Out shopping is both extremely cool and extremely complicated. Just grab what you want and walk out the door is the new way to do it. Before, shoppers had to go through a bunch of steps to make sure they got what they wanted out…

US v. Google vs. Google The Justice Department has removed some of the online exhibits from the US v. Google trial because of a dispute over whether documents should be made available online. The Verge reports that the decision will come back in the morning. Earlier, the Big Tech On Trial newsletter reported on the…

Software Engineers: The End of Software Engineers The concept of generative AI may seem to threaten the job of software engineers, but previous generations of coders have faced similar threats before. Zeb Larson is a writer and software engineer based in Columbus, Ohio. He believes that ChatGPT will not replace all software engineers because there…

Paint 11.2308.18.0 (Windows Insiders) Microsoft is on a slow-burn path to making Paint a useful tool for actual creators . Today, it rolls out an update that adds support for layers and transparency. These features have been available in Adobe Photoshop, but now they’re coming to the free version of the Windows app. In the…

Bitcoin Fee Blunder: Paxos Paxos, a US-regulated company that sells and services various crypto-related services, is the company responsible for overpaying a transaction fee of around $500,000. The fee was sent from what many at the time believed to be an experienced Bitcoin user. Now it has been revealed that the sender has been identified…

Bitcoin Jungle (Costa Rican Bitcoin Exchange) In a press release on Sept 14, Bull Bitcoin announced a partnership with SINPE Movil, the country’s main payment system, and local wallet provider, Bitcoin Jungle. The exchange noted that it marks the first time Costa Ricans and foreigners will convert local fiat to the largest cryptocurrency without relying…

The Digital Yuan and One Belt, One Road China is getting more and more excited about the potential of the digital yuan and its role in the Belt-Road Initiative, also known as the BRI. A Vice President of the Central University of Finance and Economics at one of China’s leading universities spoke about the e-CNY’s…

Stoner Cats NFTs 2 LLC The company behind the non-fungible tokens, NFTs, has to pay a $1 million fine and destroy all of them as part of a settlement with the SEC. The SEC had accused Stoner Cats 2 LLC of conducting an unregistered offering of cryptoasset securities in the form of nFTs that raised…

Directive on Administrative Cooperation 8 (DAC8) The European Parliament overwhelmingly approves an eighth iteration of the Directive on Administrative Cooperation (DAC8) for tax reporting requirements for crypto transactions. This will help tax authorities to more easily track and assess cryptocurrency transactions within EU member states. DAC8 aligns with the existing Crypto-Asset Reporting Framework (CARF) and…

Binance US CRO Sidney Majalya As regulatory issues intensify, Binance US loses several key executives. Today, Sidney Majalya, the Chief Risk Officer, and Krishna Juvvadi, the head of legal, both resign. This comes amid increasing scrutiny from the SEC and the U.S. Securities and Exchange Commission. The company’s market share in the United States has…