UPDATE: A single Amazon job listing helped push Bitcoin back above $35,000 After dipping below $30,000 last week, Bitcoin and other cryptocurrencies have enjoyed a sharp increase in value thanks in part to signs that Amazon may be preparing to accept crypto as payment. Danny Konstantinovic 7.26.21 6:30 PM Crypto
"Stablecoins, not crypto" is the new "blockchain, not bitcoin" The striking thing about the latest efforts to ditch cryptocoins in favor of “blockchain technology” is the increasing recognition that cryptocurrencies are here to stay. Joon Ian Wong 7.23.21 2:46 PM Crypto
This week in Business Twitter: Bezos in space, VCs with FOMO, and a guide to crypto for beginners This week, the billionaire space race led to some heavy criticism of Jeff Bezos. Meanwhile, investor Frank Rotman’s unpopular opinion on VCs being fueled by FOMO had some supporters. Ivan De Luce 7.23.21 2:11 PM People
A 110% jump in hiring shows that Apple may be working on its long-rumored self-driving car Job listings for Apple’s Special Projects Group have jumped 110% in the past year, which could mean that an Apple Car is in the works, though Apple has not confirmed this. Ivan De Luce 7.22.21 5:36 PM Tech
Tesla will let other cars use its Superchargers, Musk says Tesla is making all its U.S. Superchargers available to other electric vehicles while competitors play catchup. Danny Konstantinovic 7.22.21 2:00 PM Markets
Everything we know about the business titan accused of spying on the White House for the UAE Colony Capital founder Tom Barrack was an advisor to Trump and, perhaps, a mole for a foreign government. Christie Smythe 7.22.21 12:33 PM Outcasts