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As an underrepresented venture fund CEO, I believe in meritocracy—and I invest in underrepresented entrepreneurs for a reason
They have outsized disruptive potential, says Leslie Feinzaig, because they’ve been forged in fire—something she can relate to. more
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Seedless Keys And DLCs: How Lava Is Making Bitcoin Custody Easy
Shezan Maredia, founder and CEO of Lava, is working to create an easy-to-use and secure Bitcoin financial app. Lava Vault, a state-of-the-art self-custody wallet, is its newest feature, while Lava … more
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The IRS is right to scrutinize pandemic-era employee retention credit claims—but legitimate filers can’t afford more delays
The IRS has closely examined ERC claims in backlog and determined that 10-20% were low-risk, 60-70% had unacceptable risk, and 10-20% had high risk. more
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South Africa issues 63 new VASP licenses, launches probe into 30 unlicensed firms
The FSCA has now licensed 138 VASPs from an initial 383 applications, and the FATF has warned that 97% of Africa struggles with digital currency-related compliance. [...] Read More... The post … more
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Amazon CEO Andy Jassy says whether you’re ‘ravenous’ about one thing will determine if your career is a success or stagnates
In Amazon’s CEO Andy Jassy’s experience, those who seek to improve themselves continuously are the ones who see their careers fly. more
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EU, UK regulators launch consultations on digital asset data reporting and wallets
The call for information is open until September 13; after that, the regulators will analyze all responses received and provide an update by Q1 2025. [...] Read More... The post EU, UK … more
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After water pistols in Barcelona and hunger strikes in Spain, cruise ships may avoid European hotspots where ‘passengers will not be well-treated’
The world's biggest cruise trade body says it may move to protect passengers' safety amid a wave of overtourism protests. more
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The Mirage is disappearing from the Las Vegas strip—but new operators Hard Rock will reinvent it as a massive guitar-shaped hotel
New operators Hard Rock International plan to add 600 rooms to an existing 3,044 in a bright new guitar-shaped hotel. more
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From street vendors to large stores, Indian merchants adopt digital payments: survey
India is seeing a spike in the adoption of digital payments among merchants operating small stores and consumers paying items valued over $6, but the rise in fraud may hamper this development. … more
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Zetly case study
Zetly is making a real difference in shaping the future of sports and entertainment through its technological and strategic efforts to integrate blockchain, NFTs, and other emerging technologies. … more
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Germany’s DekaBank issues digital bond in ECB’s wholesale digital euro trial
DekaBank issued the ‘crypto’ security on its SWIAT blockchain infrastructure, with the buyer—Metzler Bank—making the payment in the wholesale digital euro. [...] Read More... The post … more
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Musk is moving SpaceX and X to Texas
The departure comes after the EV CEO moved Tesla’s headquarters from California to Austin in 2021. more
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Dell employees torpedoed the company’s annual report card after it withheld remote workers’ promotions and tracked attendance
"No matter what, I've never seen a score move that fast in the wrong direction," an anonymous employee told BI.  more
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Everyday Users Contributed Less Than 1% of Trump’s Crypto Donations
The vast majority of Donald Trump’s $3.3 million worth of on-chain donations came from top industry executives—not ordinary crypto holders. more
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On Prime Day, Amazon workers like me pay a high price 
Amazon’s relentless push for speed is mentally draining and physically dangerous, says warehouse worker Wendy Taylor. more
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Amazon Prime Day causes an ‘outrageous level’ of workplace injuries, says Bernie Sanders
“Amazon should be the safest place to work in America, not one of the most dangerous,” Sanders spokesperson says. more
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Bitcoin Mining Stock Values Rising Faster Than the BTC They Produce: JPMorgan
Mining stocks have exploded 29% this month, but they now trade fairly high compared to the BTC they’re likely to mine. more
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Nvidia’s market cap will soar to $50 trillion—yes, trillion—says early investor in Amazon and Tesla
In the next 10 years, Nvidia’s value could be worth more than the entire S&P 500 today, tech investor James Anderson predicted. more
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Apple opens NFC tap-and-go payments tech to third parties in EU
The company had restricted its NFC features on its iPhones to Apple Pay users, but European Union regulators have broken the monopoly with threats of a $40 billion fine. [...] Read More... The … more
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Bitso to Bring Bitcoin Lightning to its 8 Million Users via Lightspark
Leading Latin American crypto exchange Bitso has partnered with Lightspark to bring faster, cheaper Bitcoin Lightning transactions to Bitso's 8 million users. more
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COPIED Act proposed in US to protect content creators
The COPIED Act would require AI content to come with watermarks and prohibit AI companies from using content with provenance info in training AI models. [...] Read More... The post COPIED Act … more
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Elon Musk blames robotaxi delay on ‘important design change’, but he claims to have a surprise up his sleeve
The announcement of an Aug. 8 robotaxi reveal helped form a bottom in the stock right when Musk needed shareholders to approve his record pay package. more
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Craig Wright barred from further Satoshi lawsuits
The judgment contained rulings on several injunctions that were requested by the Crypto Open Patent Alliance (COPA) following their victory in March’s blockbuster Satoshi identity trial. … more
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Airbus is slashing costs and halting hiring after a potential bounce back from Boeing and tough Chinese competition on the cards
Airbus will now "concentrate our efforts on the fundamentals" as rising costs, supply chain snarls and competition catch up with it. more
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Tesla is looking to hire 800 new employees 3 months after Elon Musk ordered mass firings of thousands
The roles have steadily popped up on Tesla’s careers page in recent weeks, with positions spanning artificial intelligence specialists to more run-of-the-mill service jobs. more
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