Monthly Archives: August 2022

Solana is the latest target of a crypto hack just days after nearly $200 million was swiped in the Nomad bridge heist

solana Nurphoto Hackers targeted the Solana ecosystem early Wednesday, hitting over 8,000 wallets.  The company said on Twitter its engineers were investigating the origins of the hack.  The heist comes just days after hackers swiped nearly $200 million from the Nomad crypto bridge.  Solana was the latest target of hackers early Wednesday, just days after…

Michael Saylor to step down as MicroStrategy CEO as the software maker records $917 million charge on bitcoin investment

MicroStrategy CEO Michael Saylor Joe Raedle/Getty Images MicroStrategy founder Michael Saylor will give up the role of CEO as of August 8.  The upcoming move comes after the software company posted a Q2 impairment charge of $917 million related to its investment in bitcoin.  Saylor will focus more on the company’s bitcoin strategy in the…

Google is making it easier to find and support Asian-owned businesses

Google is making it easier for people to find and support Asian-owned businesses in their communities. Starting today, US merchants can now add an “Asian-owned” label to a verified Google business profile, which will appear in Search and Maps queries. The move is part of Google’s efforts to support historically marginalized communities. It previously rolled…

Tinder scales back its plans for dating in the metaverse

Don’t expect to find a Tinder date in the metaverse any time soon. The Vergereports Match Group chief Bernard Kim has asked Tinder’s Hyperconnect unit (acquired in 2021) to scale back its metaverse dating plans. In his shareholder letter, Kim said “uncertainty” about success with virtual worlds required that the team “not invest heavily” in…