Monthly Archives: August 2022

Serena Williams is leaving tennis to become a full-time venture capitalist. Here’s why.

Serena Williams. Getty/Clive Brunskill Serena Williams announced that she was leaving tennis to focus on venture capital investing. Williams launched VC firm Serena Ventures in 2014 and has invested in over 60 companies.  Serena Ventures announced that it had raised an inaugural fund of $111 million in March.  Serena Williams announced on Tuesday that she…

The Taliban still wants the $7 billion in frozen funds held by the US. Top economists say it’s ‘morally condemnable’ and ‘reckless’ for Biden not to hand it over.

Photo taken on Aug. 1, 2022 shows a money exchange market in Kabul, Afghanistan. Photo by Saifurahman Safi/Xinhua via Getty Images Top economists are urging the Biden administration to give Afghanistan its frozen funds back. The US is holding $7 billion from the country’s central bank that was frozen after the Taliban re-took power.  Many…

Dutch police arrested a suspected developer of the US-sanctioned Tornado Cash crypto mixer and are looking into potentially more arrests

Dado Ruvic/Reuters A developer of the sanctioned Tornado Cash platform has been arrested by Dutch Police.  The platform was sanctioned by the US Treasury this week over connections to North Korean money laundering.  Dutch police say that more arrests are possible as they look into decentralized fintech firms. The Netherlands Crime Agency (FIOD) said it…

Videos show Las Vegas casinos underwater again following flash floods, the latest in a string of extreme weather events

The Bellagio Water Fountain Show on Las Vegas Strip is viewed from a tower at Caesars Palace Hotel & Casino, on July 14, 2022 in Las Vegas, Nevada. George Rose/Getty Images Flash floods hit Las Vegas for the second time in two weeks on Thursday. Videos from social media show water rushing into casinos from…

Dutch authorities arrest alleged developer of crypto mixing service Tornado Cash

An alleged developer of the Tornado Cash cryptocurrency mixing service has been arrested in the Netherlands. The Fiscal Information and Investigation Service (FIOD), a government agency that investigates financial crimes, said the 29-year-old man is suspected of “involvement in concealing criminal financial flows and facilitating money laundering through the mixing of cryptocurrencies.” The suspect was…

Hogwarts Legacy: Release date, platforms and everything we know so far about the Harry Potter RPG

Hogwarts Legacy is a forthcoming role-playing game set in the world of Harry Potter that will be released in early 2023 for console and PC. Here’s everything we know about it so far. What is Hogwarts Legacy? Hogwarts Legacy was officially announced as part of the PlayStation 5 Showcase in September 2020. It is a…

What is Geekbench 5?

What does the Geekbench 5 benchmarking system actually measure? Everything you need to know is explained in this article. You may have seen Geekbench 5 mentioned when the performance of a device is measured, perhaps even in the reviews published on this website. But what do the scores actually mean for you? What is Geekbench…