Parker, a well-funded startup offering corporate credit cards and banking services for e-commerce businesses, has filed for bankruptcy and is widely reported to have shut down. The startup was part of Y Combinator’s winter 2019 cohort, and its Series A was led by Valar Ventures. Parker came out of stealth in 2023, touting a corporate…
Despite the headline loss, the company emphasized that it continued accumulating Bitcoin rather than selling into weakness. American Bitcoin (ABTC), the Trump family-backed BTC company, released its Q1 2026 financial results earlier in the week, and they showed a nearly $82 million net loss for the period. This was despite the firm mining a…
Windows 10 support has ended. These four products and alternatives can help older PCs stay useful with ChromeOS Flex, SSDs, RAM upgrades, or Linux Mint. The post 4 Products That Could Keep Old PCs Useful After Windows 10 appeared first on TechRepublic. Source link
Key Takeaways Coinbase CEO Brian Armstrong called the AWS-linked exchange outage unacceptable for customers. Trading, account access, and customer account information were disrupted across several Coinbase exchange services. Coinbase plans to revisit resilience tradeoffs to reduce future outage duration and customer impact. Armstrong Says Resilience Tradeoffs Will Be Reviewed Crypto exchange Coinbase (Nasdaq: COIN) has…
The US banking lobby is mounting a last-minute push to stall the CLARITY Act just days before its scheduled Senate Banking Committee markup on May 14. Summary Five major banking groups jointly rejected the Tillis-Alsobrooks stablecoin yield compromise, calling it insufficient days before the May 14 markup. Senators Lummis and Tillis publicly defended the deal,…
Regardless of whether or not anyone wanted such a thing, Prime Video is turning into TikTok. Amazon announced in a press release on Friday that the Prime Video mobile app has a new feed for Clips, which are short, shareable video clips taken from Prime Video content. This feature was first created with NBA games…
Pennsylvania just drew a line in the sand for AI companies playing doctor. The state’s Department of State filed a lawsuit on May 5 against Character Technologies Inc., the company behind Character.AI, alleging its chatbots impersonated licensed medical professionals and handed out mental health advice without any credentials to back it up. The case represents…
Cramming for finals is bad enough without the platform you use to do your schoolwork suddenly shutting down. Unfortunately for countless students across the US, that’s exactly what they faced on Thursday after Canvas went into “maintenance mode” following a ransomware attack on education tech firm Instructure. Hackers using the name ShinyHunters claimed responsibility for…
Key Takeaways ECB President Lagarde called euro-denominated stablecoins a financial stability risk on May 8, 2026. Lagarde mentioned that USDC depegged to $0.877 during SVB’s 2023 collapse, exposing $3.3 billion in Circle reserves. The ECB’s Pontes project launches in September 2026 to anchor DLT settlement in central bank money. Lagarde Warns European Banks That Euro…
Over six years ago, BTC plummeted by 50% within a few days as COVID spread like wildfire. It’s like a few wars, rising inflation, and global uncertainty are not enough these days. Now, the world needs to pay attention to another health hazard that made the news in the past few weeks: the Hantavirus,…
