Techmeme
August 23, 2021, 5:15 PM

Top News

Lily Hay Newman / Wired:
Researchers find 1,000+ 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.
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.
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.
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.
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
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 👋,
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 …
Turner Wright / Cointelegraph:
Substack begins accepting bitcoin as payment for subscriptions, initially for a few crypto publications, using payments processor OpenNode  —  Substack has more than 500,000 paid subscribers, but Bitcoin payments will first be available to “a select group of crypto-focused publications.”
Sarah Perez / TechCrunch:
TikTok launches Effect Studio, which allows developers to build AR effects for use in the app, in private beta in select markets including the US  —  Both Facebook and Snap offer tools that allow developers to build out augmented reality (AR) experiences and features for their own respective family of apps.
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Cecilia D'Anastasio / Wired:
Edd Gent / IEEE Spectrum:
Ryan Browne / CNBC:
Sami Fathi / MacRumors:
Elizabeth Dwoskin / Washington Post:
Post-Culture / @postcultrev: