The European Central Bank is preparing to implement a new law by warning European Union member states about the necessity of harmonizing regulations for crypto. The ECB is concerned about possible regulatory overlap between respective central banks in the EU and crypto companies as officials prepare to implement the Markets in Crypto-Assets framework.
Crypto lender Vauld on Monday paused all withdrawals, trading and deposits on its platform and is exploring potential restructuring options, the company said. Vauld said it is facing “financial challenges” due to “volatile market conditions” which has led to customers withdrawing more than $197.7 million from the platform since June 12. Vauld is the latest victim of the cryptocurrency price plunge this year that has exposed flaws in a number of digital coin projects and business models.
The Presidential Medal of Freedom is the highest award the US government can give to a civilian. The award is given at the discretion of the Commander in Chief. The list of nominees for this year's award class includes Steve Jobs, Gabby Giffords, Khizr Khan and Denzel Washington.
Minecraft YouTuber Technoblade dies at age 23. His father reads a goodbye statement in a video posted on his YouTube channel. "Those were the happiest years of my life," he says. "I hope you all go on to live long prosperous and happy lives. Because I love you guys"
NASA has set an aggressive launch target for its Artemis 1 Moon mission. The agency is working toward an August 23rd to September 6th launch window for the mission. This comes after a successful June 20th fueling test of the SLS rocket that will carry the mission to the Moon.
The next Apple Watch will reportedly include a body temperature sensor, according to Bloomberg's Mark Gurman. The feature could send a notification that prompts you to see a doctor or use a dedicated thermometer. Gurman says the feature is expected to arrive with the company's 2022 Watch upgrade.
Germany's traffic regulator is calling on Tesla to recall more than 59,000 vehicles over a software issue. The problem affects Model Y and 3 crossovers manufactured at the automaker's recently opened Berlin Gigafactory. The glitch prevents the eCall safety system from automatically calling first responders in the event of a serious accident.
Royal Caribbean Group is already providing SpaceX's Starlink internet to passengers. The company submitted a filing with the U.S. Federal Communications Commission (FCC) urging the regulatory agency to approve SpaceX Starlink for use on sea-going vessels. Royal Caribbean's Vice President of Operational Excellence, John Maya, wrote a letter asking the FCC to "expeditiously" grant the license.
Both the British Army’s Facebook and Twitter accounts were hacked and used to promote cryptocurrency scams, the UK Ministry of Defence confirmed on Sunday. It’s unclear when exactly hackers took over the two accounts, but they both appear to be back to normal now.
Tesla just reported second-quarter vehicle production and delivery numbers for 2022. A year ago, Elon Musk’s electric car business delivered 201,250 vehicles in the second quarter. Tesla was hamstrung during the period ending June 30, 2022, by parts shortages, supply chain snarls and Covid restrictions that forced China’s Shanghai factory to close or operate only partially for weeks.
But the demise of Novi and Diem doesn’t mean Meta won’t make another digital wallet. In fact, the company announced last month that it was rebranding Facebook Pay to Meta Pay. The executive said he envisioned a future where Meta Pay would function as a place to store all the digital items you buy or create in virtual worlds.