NYC Comptroller rejects Mayor Adams’s proposal for Bitcoin-backed bonds

NYC Comptroller rejects Mayor Adams’s proposal for Bitcoin-backed bonds

New York City Comptroller Brad Lander has criticized Mayor Eric Adams’s proposal to issue municipal bonds backed by Bitcoin, warning that such a move would introduce financial risk and undermine investor confidence. In a May 29 statement, Lander said he would not allow the New York City to issue the crypto-tied debt instrument while he…

Eight things we learned from WhatsApp vs. NSO Group spyware lawsuit

Eight things we learned from WhatsApp vs. NSO Group spyware lawsuit

On May 6, WhatsApp scored a major victory against NSO Group when a jury ordered the infamous spyware maker to pay more than $167 million in damages to the Meta-owned company. The ruling concluded a legal battle spanning more than five years, which started in October 2019 when WhatsApp accused NSO Group of hacking more…

The latest Android 16 beta now has Advanced Protection

The latest Android 16 beta now has Advanced Protection

Joe Maring / Android Authority TL;DR Google is beginning to introduce the Advanced Protection mode feature to users on Android 16 QPR1 Beta 1. Advanced Protection is a one-click toggle for enhanced security measures on the entire device, including theft protection, network security, app restrictions, and more. Once Advanced Security is enabled, individual settings cannot…

Ethereum network growth, bullish ETH futures support $2.4K

Ethereum network growth, bullish ETH futures support $2.4K

Key takeaways: Ether (ETH) has repeatedly failed to break above $2,700 since May 13, but despite this short-term weakness, Ether’s price has outperformed the broader cryptocurrency market capitalization by 17% over the past 30 days, raising the likelihood of a correction as macroeconomic uncertainty continues. Investors are concerned that declining interest in decentralized applications (DApps)…

How a decade-old patent dispute could upend Uber’s business

How a decade-old patent dispute could upend Uber’s business

A little-known patent infringement lawsuit could have big implications for Uber — and potentially dozens of other companies. Carma Technology, a company formed in 2007 by serial entrepreneur and SOSV founder Sean O’Sullivan, filed a lawsuit earlier this year against Uber alleging the company infringed on five of its patents that are related to the…

ETH, SOL ‘very rare’ staking ETFs may launch imminently — Analysts

ETH, SOL ‘very rare’ staking ETFs may launch imminently — Analysts

The first Ethereum and Solana staking ETFs could debut in the United States within weeks, following a recent filing by ETF provider REX Shares that used “regulatory workarounds,” ETF analysts say. The staking component has been highly anticipated for spot Ether (ETH) ETFs since their launch in July 2024, with some industry executives arguing the…

Startups Weekly: AMD acquisition and other moves to scale AI startups

Startups Weekly: AMD acquisition and other moves to scale AI startups

Welcome to Startups Weekly — your weekly recap of everything you can’t miss from the world of startups. Want it in your inbox every Friday? Sign up here. This week brought more than just Nvidia’s earnings reports; startups and VCs also had some news — quieter perhaps, but still worth paying attention to, especially where…

Galaxy Tab S11 leak suggests the Ultra is getting a major battery upgrade

Galaxy Tab S11 leak suggests the Ultra is getting a major battery upgrade

Ryan Whitwam / Android Authority TL;DR The battery specifications for the Galaxy Tab S11 and S11 Ultra have leaked. The base model may come with a typical capacity of 8,400mAh. The Ultra could have an advertised capacity of 11,700 or 12,000mAh. Samsung is currently working on the next additions to the Galaxy Tab line. Not…

Ethereum’s ‘own Saylor’ SharpLink Gaming plans $1B ETH purchase

Ethereum’s ‘own Saylor’ SharpLink Gaming plans $1B ETH purchase

US sports betting platform SharpLink Gaming has filed with the Securities and Exchange Commission (SEC) to offer up to $1 billion in shares of common stock in an effort to increase the holdings of its newly launched Ether treasury. “We intend to use substantially all of the proceeds from this offering to acquire Ether, the…