Monthly Archives: August, 2022

A former Coinbase product manager has been arrested along with his brother and a friend, accused by the US Department of Justice (DOJ) of running a cryptocurrency insider trading scheme.

If you've been one of the nearly 77 million people affected by T-Mobile's security breach last year, you might find some bucks along the way. The company has announced the terms of a settlement in a consolidated class action lawsuit, and it's not cheap: $350 million to be divided among clients, attorneys, and more than $150 million "for data security and related technology."

Hyundai has said it will start making electric vehicles under its high-performance N brand created to compete with luxury sports cars from Mercedes-Benz and BMW.

Some estimates put the future mobility market at $178.7 billion by 2026, up from $78.1 billion two years ago. Over the past decade, $400 billion worth of investments have been made in the sector and $100 billion invested since 2020. But most VC funds are not specialists in this area. Thus, space has opened up to look specifically at electric powertrains, batteries, and broader electric and fuel cell solutions for mobility.

Fabric, a New York-based micro-compliance company focused on robotics technology for last-mile operations, has cut staff and named a new CEO: Avi Jacoby.

No industry is immune to litigation, but for the tech sector, it appears that intellectual property (IP) and patent disputes, followed by cybersecurity and data protection issues, are among the top legal issues holding wake up the managers of these companies.

The headlines about the start of the "crypto winter" are unstoppable. Nonetheless, many founders and venture capitalists are doubling down on the promise of largely decentralized blockchain-based teams, and to that end, "one of the most exciting parts of cryptocurrency right now is the intersection of social media." , messaging and web3," says renowned entrepreneur and investor Elad Gil. In short, he believes that current messaging tools are not enough and that there will be new opportunities for native cryptocurrency startups to do well.

With global markets down, increased adoption is anticipated in crypto markets as people view the digital asset sector as a hedge against inflation, although some prices are currently below their 52-week highs.