Monthly Archives: July 2022

What is the FDIC?

The FDIC not only insures the money that you store in the bank, but it also regulates financial institutions and resolves failed banks. George Rose/Getty; Alyssa Powell/Insider The Federal Deposit Insurance Corporation (FDIC) is an independent government agency whose mission is to protect consumers’ money and regulate financial institutions. The FDIC insures up to $250,000…

US files its first criminal charges over insider trading of cryptocurrency

American authorities are continuing to crack down against insider trading of digital assets. The New York Timesreports that federal prosecutors in New York City have charged three people with wire fraud relating to an insider trading scheme for cryptocurrency, including former Coinbase exchange employee Ishan Wahi. This is the first time officials have levelled charges…

OnStar expands emergency response and roadside assistance to motorcyclists

General Motors has been putting its OnStar in-vehicle safety and security suite into its vehicles since 1997 with the system having undergone numerous evolutions, upgrades and expansions in the last quarter century. Soon its roadside assistance and crash monitoring services will be available to two-wheeled motorists and homebodies as well, the company announced on Thursday….

The World Meteorological Organization has ‘no immediate plans’ to name heatwaves

A woman cools herself by a water sprinkler installed in the city during the heatwave in Kraków, Poland, on July 21st, 2022. | Photo by Jakub Porzycki/NurPhoto via Getty Images As extreme heat stifles communities around the world this week, the World Meteorological Organization (WMO) said that it has “no immediate plans” to give heatwaves…

Android is ready for the Pixel Buds Pro’s AirPods-like audio switching trick

Image: Google Google’s latest and most advanced wireless earbuds yet, the Pixel Buds Pro, won’t be on store shelves for another week. But the company has announced that its Android software is already prepared for one of the earbuds’ most convenient new features: the Pixel Buds Pro will be able to switch between devices automatically…