In a surprising turn of events, Justin Sun, a prominent figure within the Tron (TRX) ecosystem, has revealed that First Digital Trust (FDT), a tech-driven financial institution based in Hong Kong, is effectively insolvent and unable to cover its obligations. In an X post on April 2nd during the late Western financial markets, Sun noted … Read more
A South Korean court temporarily lifted the partial business suspension on crypto exchange Upbit that had prohibited the trading platform from servicing new clients for three months. On Feb. 25, South Korea’s Financial Intelligence Unit (FIU) sanctioned the exchange, imposing a three-month ban on deposits and withdrawals for new clients. The FIU previously said the … Read more
Veteran sysadmin and tech blogger Rachel Kroll posted a cryptic warning yesterday about a popular Linux system monitoring tool. Maybe it’s better to be safe than sorry. The post is titled: “You might want to stop running atop.” No details, no context – just a few paragraphs that have set off alarm bells in corners … Read more
WASHINGTON (AP) — A federal judge on Thursday temporarily blocked billionaire Elon Musk’s Department of Government Efficiency from Social Security systems that hold personal data on millions of Americans, calling their work there a “fishing expedition.” The order also requires the team to delete any personally identifiable data in their possession. U.S. District Judge Ellen … Read more
Image: TechCrunch (CC BY 2.0)French authorities have allowed Pavel Durov, Telegram’s CEO and founder, to temporarily leave the country while criminal activity on the messaging platform is still under investigation. Earlier today, Durov revealed in a Telegram post that he had returned to Dubai after reportedly leaving France from Le Bourget Airport outside Paris. An … Read more
Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world A US judge has temporarily blocked the White House from ordering federal agencies to fire probationary staff in a blow to efforts by Donald Trump and his billionaire ally Elon Musk to slash … Read more
The XRP Ledger halted block production for about an hour on Tuesday before spontaneously recovering, marking a rare disruption for one of crypto’s oldest networks. Network activity froze at ledger height 93927173, prompting an immediate investigation from validators. The XRP Ledger (XRPL) has since resumed normal operations, with no loss of assets or transactions reported. … Read more
Reddit has temporarily banned the subreddit r/WhitePeopleTwitter after Elon Musk complained about the community. The subreddit is with a message from Reddit stating that the community has been banned for 72 hours due to “a prevalence of violent content.” The popular subreddit is known for posting funny tweets and memes from X. On Monday, an … Read more
Stay informed with free updates Simply sign up to the Technology sector myFT Digest — delivered directly to your inbox. TikTok told its 170mn US users on Saturday that it will no longer be available “temporarily” after the expiry of a deadline requiring its Chinese parent company Bytedance either to sell its stake in the … Read more
The Apple Intelligence features rolled out as part of iOS 18 are cool on paper. Like all generative AI, though, it’s not perfect—especially not at first. Apple’s AI summaries have produced weird results, and it seems like the issues are so widespread Apple is actually just choosing to pull them for now. Apple is temporarily … Read more