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August 23, 2021, 1:30 PM
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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, Bloomberg, BitcoinExchangeGuide, CoinDesk, Decrypt, and Coinspeaker
Tweets: @emiliemc, @emiliemc, @samkazemian, @migueldeicaza, @brian_armstrong, @lex_node, @emiliemc, @tylergellasch, @emiliemc, @centre_io, @jp_koning, and @jp_koning
| 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:
Engadget, AppleInsider, Windows Central, Neowin, OnMSFT.com, and StateScoop
Tweets: @brfreed, @upguard, and @kennwhite
| 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.
More:
iPhone in Canada Blog, KnowTechie, Pocketnow, Philip Elmer‑DeWitt, Ubergizmo, iPhone Hacks, and Cult of Mac. Tweets: @benlovejoy
| 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, FinLedger, TechCabal, afrotech.com, Finextra, Total Telecom, and Tech News
Tweets: @ophirgottlieb, @jessetheranter, @bosuntijani, @fatuogwuche, @eajene, and @alex
| 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 … | 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:
TechCrunch, The Economic Times, Engadget, Silicon Republic, Reuters, FinSMEs, CNET, Decrypt, New York Times, cryptodaily.co.uk, Finextra, Forbes, PYMNTS.com, Silicon Canals, Neowin, Crypto Briefing, Coinspeaker, Finbold, altfi.com, TechRadar, BitcoinExchangeGuide, The Block, Cointelegraph, and CoinDesk
Tweets: @ryan_browne_ and @bloqport
| 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.| 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| Packy McCormick / Not Boring: |
An in-depth look at Solana blockchain project: $0.0001/transaction and 65,000 transactions/second, well ahead of Bitcoin and Ethereum, and a $21.2B market cap — The $21B Blockchain and the Arrow of Time … Today's essay, the whole thing, is brought to you by... Solana — Hi friends 👋,
Tweets: @divine_economy, @packym, @mccannatron, @ldrogen, and @zoescaman
| 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 … | Tilly Kenyon / FinTech Magazine: |
London-based online payments company Paysafe will acquire LATAM-focused e-commerce payment service SafetyPay for $441M in cash — Paysafe's latest acquisition of SafetyPay enables it to further scale in the high-growth Latin American region Paysafe, a specialised payments platform …
More:
tech.eu, Dow Jones Newswires, and Business Wire
| Chris Welch / The Verge: |
Review of new $150 OnePlus Buds Pro: lightweight and water resistant with good controls, sound quality, and ANC, but no EQ adjustments in its app — The company's most refined earbuds yet — The new $150 OnePlus Buds Pro are the company's most elegant, polished set of true wireless earbuds so far.
More:
HotHardware.com News, phonearena.com, CNET, XDA Developers, Engadget, Mashable, SoundGuys, BGR, GSMArena.com, and ZDNet
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