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Amid Amazon pressure, Seattle Mayor Jenny Durkan and city council president Bruce Harrell say they will repeal the business “head tax” law that passed weeks ago (Reid Wilson/The Hill)

Reid Wilson / The Hill:Amid Amazon pressure, Seattle Mayor Jenny Durkan and city council president Bruce Harrell say they will repeal the business “head tax” law that passed weeks ago  —  Just weeks after passing a new tax on big businesses, Seattle political leaders signaled late Monday they would reverse course and repeal [Read More...]

ZTE says its shares will resume trading on Wednesday, ending a two-month suspension, after the Chinese company agreed to pay up to $1.4B in penalties to US (Sijia Jiang/Reuters)

Sijia Jiang / Reuters:ZTE says its shares will resume trading on Wednesday, ending a two-month suspension, after the Chinese company agreed to pay up to $1.4B in penalties to US  —  HONG KONG (Reuters) – ZTE Corp (0763.HK) (000063.SZ) said trading in its shares would resume on Wednesday, ending a two-month suspension [Read More...]

At least 5% of all Monero currently in circulation has been mined using malware, based on an analysis of 629,126 malware samples from coin mining operations (Catalin Cimpanu/BleepingComputer.com)

Catalin Cimpanu / BleepingComputer.com:At least 5% of all Monero currently in circulation has been mined using malware, based on an analysis of 629,126 malware samples from coin mining operations  —  At least 5% of all the Monero cryptocurrency currently in circulation has been mined using malware, and about 2% of the total daily hashrate [Read More...]

Reserve Bank of India Admits Issuing Crypto Ban Without Research

RBI, the central bank of India, has not made a proper effort to thoroughly research the nature and usage of cryptocurrencies before issuing its crypto ban. This is according to a reply sent by the bank to a Right to Information query filed by a lawyer. Copies of the communication have been distributed on social media and published by local crypto [Read More...]

Korean Firm Keypair Launches Credit Card-Shaped NFC Hardware Wallet

A new hardware wallet has been launched by the South Korean financial tech firm Keypair. The company’s Keywallet Touch has an interesting design as it’s shaped like a credit card and utilizes NFC technology. The company says the device’s smart card chipset supports cryptocurrencies like bitcoin cash, ethereum, bitcoin core and litecoin, [Read More...]

The Fitbit Ace, a fitness tracker designed for kids, is now available for $100, with motion, step, and sleep trackers, activity reminders, and waterproofing (Ryan Whitwam/Android Police)

Ryan Whitwam / Android Police:The Fitbit Ace, a fitness tracker designed for kids, is now available for $100, with motion, step, and sleep trackers, activity reminders, and waterproofing  —  Fitbit has been in the business of making fitness trackers and wearables for years, but they’ve all been designed for [Read More...]

UK-based Memrise raises $15.5M Series B, says it reached profitability in Q1 this year and that its AI-based language learning app has passed 35M users globally (Ingrid Lunden/TechCrunch)

Ingrid Lunden / TechCrunch:UK-based Memrise raises $15.5M Series B, says it reached profitability in Q1 this year and that its AI-based language learning app has passed 35M users globally  —  Memrise, a UK startup whose eponymous language-learning app employs machine learning and localised content to adapt to users’ needs [Read More...]

Twitter Experience Worsens, Ether Fake Giveaways Taking Over

Fake ether token giveaways are clogging Twitter threads, and seemingly by the second. Targeting well-known ecosystem figures, doppelganger accounts are created, complete with matching avatars. A particularly active post can almost assuredly be counted on to receive seemingly organic calls for participation in free crypto programs hosted by the [Read More...]

Large funding rounds for Bird and Lime suggest strong economics, which means the potential for building moats for dockless scooter startups are relatively weak (Ben Thompson/Stratechery)

Ben Thompson / Stratechery:Large funding rounds for Bird and Lime suggest strong economics, which means the potential for building moats for dockless scooter startups are relatively weak  —  As I understand it, the proper way to open an article about electric scooters is to first state one’s priors [Read More...]

How the Connecticut State Police trains dogs to sniff out electronics, such as phones, hard drives, and microSD cards, to help out in cybercrime cases (Alfred Ng/CNET)

Alfred Ng / CNET:How the Connecticut State Police trains dogs to sniff out electronics, such as phones, hard drives, and microSD cards, to help out in cybercrime cases  —  Harley darts into a decrepit room in Connecticut.  She’s searching for evidence.  —  There are plenty of potential distractions in the room: Wires hang from the [Read More...]
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