Tesla’s stock fell 7% following its announcement that it invested $1.5 billion of its cash reserves in the cryptocurrency.
Apple Inc. is an American transnational IT company headquartered in Cupertino, California. Apple is famous for its products, with most recognizable being the Apple iPhone and Apple Macbook. Apple was founded by Steve Jobs, Ronald Wayne and Steve Wozniak in 1976 for the production and distribution of the Apple I personal computer. After successful sales of the Apple II, Apple went public and gained instant financial success. Apple changed the computer industry by providing user-friendly graphical interfaces, wide marketing programs and design features. Today, Apple has the world’s largest revenue for any IT company and is the second-largest mobile phone manufacturer. Apple is often referred to as the world’s most valuable brand, but is also criticized for its labor practices, anti-competitive behavior, the use of sweatshop labor and insufficient data security.
Mastercard will allow its almost one billion users to spend cryptocurrencies at more 30 million merchants, although it hasn’t specified which coins will be supported.32384
"The firm could unlock a multi-billion dollar opportunity with a few clicks," said analyst Paul Steves.31243
The GameStop pump may lead a number of amateur investors to finally learn about DeFi and the advantages it puts forth.33115
Coinbase’s head engineer is warning iOS users to update their mobile devices as soon as possible.14233
Implementing regular, consistent security checks and auditing mechanisms, as Apple does, will increase trust in the DeFi system as a whole.5018
Do you really know how your data is used and monetized? If you did, you’d probably think twice about giving your personal details away so freely.10584
“The Woz” makes a big impression in the crypto space as his newly launched token WOZX records 26-fold gains after just five days of trading.28107
The innovative cryptocurrency futures exchange FTX has launched fractionalized trading in stock derivatives.9370
The Antitrust Subcommittee looks for new legal tools to rein in Apple, Amazon, Facebook and Google — a clear opening for tech tools built to decentralize.7022
Brian Armstrong has taken Apple to task over its allegedly exclusionary policies towards crypto app developers.28114
New documents in Epic Games v. Google show the gaming company attacking Google for misusing the Android ecosystem — once touted for its openness — to muscle out competition.1307
One takeaway? Crypto appears to have a lot of room for growth.51172
The fight for dApps on the App Store continues.18967
The leaders in this week’s policy news focus on some case studies in power accumulation that more than anything show why decentralization tech matters.3947