Myanmar’s military published a draft bill on May 14 proposing life in prison for crypto scam operators. Summary Myanmar’s Anti-Online Scam Bill proposes life imprisonment for operating digital currency scam centers. The bill allows the death penalty for individuals using violence, torture or unlawful detention to force victims into scam work. Myanmar’s military-backed parliament is…
One of the most entertaining moments in VC this week was a piece of rage-bait marketing from General Catalyst. In a now-viral post on X that parodies the old Mac vs. PC commercials, the venture firm — better known as GC — posted a “VC vs GC” video on Wednesday. The VC was played by…
The $1,071 level was identified as a strong Ethereum buying zone. Ethereum (ETH) has now erased nearly all of the gains it posted earlier this month after facing renewed selling pressure across the market. Its latest weekly sell signal has also raised concerns that another sharp corrective phase, similar to previous declines, could be…
Microsoft is testing Cloud-Initiated Driver Recovery, a Windows Update feature designed to roll back bad drivers with less manual IT work. The post New Windows Update May Undo Bad Driver Updates on Its Own appeared first on TechRepublic. Source link
Key Takeaways Powell remains in place temporarily as Warsh awaits the final oath of office. Senate confirmation cleared Warsh legally, but the leadership transfer still requires formal steps. Board members raised concerns about extending the temporary chair structure without further action. Powell Holds Temporary Fed Post as Warsh Awaits Oath The Federal Reserve Board announced…
Revolut secured FCA approval on May 14 to offer private wealth services and leveraged products in the UK. Summary The FCA granted Revolut Trading a Variation of Permissions enabling managed investments and principal dealing for the first time. Revolut plans to launch a UK private banking unit this summer with a £500,000 deposit threshold. The…
TL;DR: Pok Pok’s lifetime subscription is on sale for $59.99 (reg. $250) and offers Montessori-inspired educational games and activities for kids ages 2 to 8. Not all kids’ apps are created equal. Some are loud, flooded with ads, and designed to keep kids tapping endlessly. Pok Pok is different due to its calmer approach and…
The global financial landscape reached a historic crossroads this week with the confirmation of a new Fed Chair, while the crypto industry navigates a “marketing winter” and the rise of tokenized real-world assets. Here are the crypto news you may have missed this week. 🏛️ Macro & Regulation Kevin Warsh Confirmed as Fed Chair in…
LAB allegedly used private OTC discounts, influencer deals, and coordinated exchange activity to support price growth, ZachXBT claimed in investigations. Crypto investigator ZachXBT has accused the team behind LAB of using opaque OTC deals, insider-controlled supply, coordinated market-making activity, and hidden unlock structures to drive the token’s recent rise to a nearly $6 billion…
It’s nearly summer. Birds are migrating, flowers are blooming, and REI is kicking off its annual anniversary sale. It’s the outdoor retailer’s biggest sale of the year. This year’s REI sale starts May 15 and runs through Memorial Day, May 25. Many items are up to 30 percent off, but REI Co-op members save up…
