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The U.S. Treasury Department's researchers were watching out for crypto risks, but they found digital assets enthusiasts with otherwise low incomes were buying homes in recent years at a high rate.The high-crypto, poor areas have apparently used crypto gains to obtain mortgages and car loans, the Office of Financial Research found, but the delinquency rates on the debt have been low. This cohort of the population is still worth watching for emerging risks if the markets take a turn, the paper noted.
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PayPay and Alipay+ announced an extended partnership at the Singapore FinTech Festival 2024, to increasing merchant coverage across Japan. PayPay, Japanâs leading QR payment operator, and AliPay+, Ant Internationalâs mobile payment method that helps merchants reach shoppers in Asia, will now connect over three million local merchants to the global payment ecosystem. The extended partnership... Read more » Read more âș
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Bloomberg reports that Uber has started farming out independent contractors for data-labeling services as well as coders-for-hire. Uber describes its new Scaled Solutions division as a platform of âanalysts, testers and independent data operators,â according to the companyâs website. Scaled Solutions began life as an internal team, handling âlarge-scale annotation tasksâ for Uberâs other services. Now itâs been expanded to provide coders and data labelers for outside companies like PokĂ©mon... Read more âș
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The Tesla CEO went after the F-35, calling crewed fighter jets "obsolete in the age of drones," but uncrewed technology isn't there yet. Read more âș
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Image: Cath Virginia / The Verge These days, Black Friday isnât so much a single-day shopping holiday as it is an ever-expanding, monthslong event that often begins as early as October. The 24-hour deal blitz that once was the focus of newspaper headlines and mobs outside of stores is no more, which makes knowing when and where you should be spending your cash all the more confusing. Luckily, weâre here... Read more âș
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Trump's promise to impose a 25% tariff on all imports from Canada and Mexico mimics his old strategy of using tariff threats as a negotiating tool. Read more âș
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Cath Virginia / The Verge Spotify is getting support for Googleâs Gemini Extensions, which will allow users to search for and play music using the generative AI assistant with natural language requests. The extension was first spotted in the code of the Google app in June, and now itâs rolling out to compatible Android devices, as reported by 9to5Google. Gemini can play music found by song titles, artist names, album... Read more âș
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Eric Schmidt said the emotionally and physically "perfect" AI girlfriend may lead young male users to become obsessed with the chatbot. Read more âș
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You don't have to wait for the official sales to begin in order to score early Walmart Black Friday deals. Read more âș
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Since 2006, Apple has partnered with the (RED) brand to raise money for The Global Fund, an organization that aims to combat diseases such as HIV/AIDS, tuberculosis, and malaria in Africa. Through this partnership, Apple has long offered a (PRODUCT)RED color option for some products, but it has scaled back this effort over the past few years. The only current-generation (PRODUCT)RED product that Apple sells new is the iPhone SE... Read more âș
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A group of artists who say they were given early access to OpenAI's Sora video generation model released a version of the tool to the public. Read more âș
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A recent neo-Nazi rally in Columbus, Ohio drew national attentionâbut it was just one of dozens that increasingly emboldened white power groups have held this year. Read more âș
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Roku's ultracompact Streambar SE costs less than $70 during this week's Black Friday sale, and it is a nice upgrade over most built-in TV speakers. Read more âș
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BI's Workforce Innovation Board discusses how DEI can innovate by tapping artificial intelligence and focusing on outcomes. Read more âș
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The Drake vs. Kendrick Lamar beef took over the hip-hop world in 2024, but the rappers had been trading barbs for years before "Not Like Us." Read more âș
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Expanded tariffs on imports from China and other trade partners are part of President-elect Donald Trumpâs economic plans once he takes office in January. Though he claims his protectionist trade policy will bring jobs back to the US, Trumpâs tariffs will come at a steep cost to consumers and the economy as a whole. âWeâre [âŠ] Read more âș
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The Donald Trump-backed cryptocurrency platform World Liberty Financial got off to a sluggish start, with investors buying far fewer of its WLFI tokens than the project hoped for.But now, Chinese-born crypto billionaire Justin Sun has just given it a significant boost, buying $30 million worth of WLFI.World Liberty is a decentralized finance (DeFi) platform backed by the incoming U.S. president and all three of his sons. The project is run... Read more âș
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Phantom, a crypto wallet with a steeper learning curve, is way ahead of exchange giant Coinbase in the Apple App Store rankings. Read more âș
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Crypto Foe and SEC Chair Gary Gensler Will Quit When Trump Takes Office Read more âș
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IBIT options went live Tuesday in a first, a move that market participants widely expect to draw more institutional interest in bitcoin (BTC). Hereâs how they could impact the market. Read more âș
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ETH advanced 4% during the day, outperforming BTC's 1.5% loss and slight gains of the broader market benchmark CoinDesk 20 Index.The ETH/BTC ratio hit its weakest level in three years last week, but has rebounded since and is poised for more gains, observers noted.Bitcoin is likely to move sideways until year-end, said Paul Howard, senior director of Wincent. Read more âș
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Financial services giant Charles Schwab has plans to directly offer crypto investments to its clients, president and incoming CEO Rick Wurster told Yahoo Finance in an interview on Thursday. Read more âș
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MicroStrategy bought 55,500 more bitcoin over the past week for $5.4B, bringing its total holding to 386,700 BTC. MicroStrategy recently entered the top 100 U.S. publicly traded companies by market cap, briefly surpassing $100 billion valuation. The Nasdaq 100 Index begins its annual reranking this week, with results set to be announced on Dec. 13. Read more âș
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MicroStrategy Falls 16% Despite New Bitcoin Record as Some Question Valuation Read more âș
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Strength in BTC is leading to a rotation in other major tokens ahead of the weekend, buoyed by renewed bullish hopes about a crypto-friendly Trump administration that takes office in January. Read more âș
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Sky Mavis has laid off 21% of its workforceThe web3 firm said the decision was not related to its finances. Read more âș
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Most popular sources
Business Insider | 31% 3 |
Wired | 9% 6 |
Tech Wire Asia | 7% 4 |
Gizmodo | 5% 0 |
The Verge | 5% 2 |
View sources » |
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26.11.2024 19:31
Last update: 19:20 EDT.
News rating updated: 02:20.
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