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August 23, 2021, 11:40 AM
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| Ryan Browne / CNBC: |
After criticism, Centre, the consortium founded by Circle and Coinbase, says its stablecoin USDC will now back reserves with only cash and US treasuries — - Digital currency company Circle says it's changing the makeup of its dollar-pegged stablecoin USD Coin to just cash and U.S. Treasury bonds.
Source:
Centre Blog. More:
The Block, CoinDesk, Decrypt, and Coinspeaker
Tweets: @emiliemc, @emiliemc, @tylergellasch, @emiliemc, @centre_io, @jp_koning, @jp_koning, and @emiliemc
| Sami Fathi / MacRumors: |
Mark Gurman: high-end M1X Mac mini with an updated design and more ports than the current M1 Mac mini should replace the Intel model in the next several months — Apple can be expected to launch an updated high-end Mac mini with a new design and a faster “M1X” Apple silicon processor in the …
Source:
Bloomberg. More:
Softpedia News, 9to5Mac, Engadget, Digital Trends, AppleInsider, Pocket-lint, Trusted Reviews, KnowTechie, iMore, iDownloadBlog.com, MacDailyNews, Macworld, 9to5Mac, techadvisor.com, iPhone in Canada Blog, Tom's Guide, Cult of Mac, SlashGear, Pocketnow, Ubergizmo, The Verge, Neowin, Mashable, Wccftech, Philip Elmer‑DeWitt, iThinkDifferent, AppleInsider, iClarified, and AppleTrack
Tweets: @leaksapplepro, @drbarnard, @drbarnard, @lukemiani, @jon_prosser, @brianfagioli, and @samifathi_
| Ben Lovejoy / 9to5Mac: |
Apple confirms it has been scanning iCloud Mail for CSAM since 2019 but has not been scanning iCloud Photos or iCloud backups — Apple has confirmed to me that it already scans iCloud Mail for CSAM, and has been doing so since 2019. It has not, however, been scanning iCloud Photos or iCloud backups.| Lily Hay Newman / Wired: |
Researchers find 1K+ web apps, from Ford, American Airlines, and others, mistakenly exposed 38M records stored on Microsoft's Power Apps service — Misconfigured Power Apps from Microsoft led to more than a thousand web apps accessible to anyone who found them.
Source:
UpGuard Data Breach Research. More:
Windows Central, OnMSFT.com, and StateScoop
Tweets: @brfreed, @upguard, and @kennwhite
| Ryan Browne / CNBC: |
PayPal will launch its cryptocurrency service in the UK this week, the product's first international expansion since it debuted in the US in 2020 — - PayPal will let British customers buy, hold and sell digital currencies, starting this week. — It marks the first international expansion …
Source:
PayPal Newsroom. More:
The Economic Times, Engadget, Silicon Republic, TechCrunch, CNET, The Guardian, FinSMEs, Finextra, Forbes, PYMNTS.com, Decrypt, New York Times, Neowin, BitcoinExchangeGuide, altfi.com, The Block, Silicon Canals, Coinspeaker, Crypto Briefing, Finbold, TechRadar, Cointelegraph, and CoinDesk
Tweets: @bloqport and @ryan_browne_
| Gillian Tan / Bloomberg: |
Nigerian mobile payments service OPay raises $400M led by Vision Fund 2 at a $2B valuation, marking SoftBank's first investment in Africa — - Sequoia Capital China and Redpoint China also participated — Investment marks Vision Fund 2's first bet in Africa
More:
TechCrunch, TechCabal, Finextra, Total Telecom, and Tech News
Tweets: @bosuntijani, @fatuogwuche, and @alex
| Lawrence Abrams / BleepingComputer: |
A bug in Razer's Synapse software, which Windows fetches and installs when a Razer accessory is plugged in, lets anyone with a Razer mouse gain admin privileges — A Razer Synapse zero-day vulnerability has been disclosed on Twitter, allowing you to gain Windows admin privileges simply by plugging in a Razer mouse or keyboard.| Yogita Khatri / The Block: |
Visa says it acquired CryptoPunk 7610, one of the 3,840 female punk NFTs, for around $150K last week, adding it to its art collection — Quick Take — Visa has bought CryptoPunk 7610 as it enters into the world of NFT commerce. — “NFTs are an intersection of culture and commerce … | Alex Wilhelm / TechCrunch: |
Shelf.io, which helps companies organize info to quickly find answers and respond to customers, raises $52.5M Series B led by Tiger Global and Insight Partners — Covering public companies can be a bit of a drag. They grow some modest amount each year, and their constituent analysts pester … | David McLaughlin / Bloomberg: |
Sources: before its acquisition by Facebook, Giphy paid investors a dividend, reducing its value and ensuring antitrust officials did not need to be notified — - Mergers that raise competition concerns are going unreported — Findings complicate Biden plan to boost antitrust enforcement
Tweets: @bdsams, @saraforden, and @kajrozga
| Cecilia D'Anastasio / Wired: |
Report says Roblox exploits young game developers, many of them children, including by making it difficult to withdraw money earned through microtransactions — A new report claims that the massive video game platform can exploit young developers. — ROBLOX has become a video game titan …
More:
MCV/DEVELOP, thegamer.com, Input, and Gamasutra
| Amy Thomson / Bloomberg: |
London-based payments company Zepz, formerly WorldRemit, raises $292M from Farallon Capital, Accel, and others at a $5B valuation — - Company has raised $292 million to invest in its platform — Round includes new investors such as Farallon Capital
More:
Business Wire and Silicon Republic
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