Crypto Currency

10 things in tech you need to know today

Summary List PlacementGood morning and welcome to 10 Things in Tech. If this was forwarded to you, sign up here. Let’s get started. 1. Hackers scraped data from 500 million LinkedIn users and posted it for sale online. In the wake of Facebook’s major data leak, LinkedIn is investigating a leak that affected two-thirds of…

Summary List PlacementGood morning and welcome to 10 Things in Tech. If this was forwarded to you, sign up here.
Let’s get started.
1. Hackers scraped data from 500 million LinkedIn users and posted it for sale online. In the wake of Facebook’s major data leak, LinkedIn is investigating a leak that affected two-thirds of its users. Here’s what kind of data was scraped.
2. Amazon union workers in Bessemer, Alabama, are on track to reject plans to unionize. The National Labor Relations Board paused its public counting of Amazon employees’ ballots shortly after 7 p.m. Eastern Time on Thursday with the anti-union votes leading 1,100 to 463.
3. Leaked Amazon documents detail a controversial employee-review system that ranks employees in tiers. Insiders say the opaque tier system requires that a certain percentage of employees rank at the bottom — even if they’re performing well. We took a deep dive into the contentious review system. 
4. Amazon Prime Day will reportedly be held in June instead of July this year. Bumping up the shopping event could be to give the company a second-quarter boost, Recode reports. More on that here.
5. Billionaire Peter Thiel said bitcoin could be a “Chinese financial weapon.” During a virtual seminar held by the Richard Nixon Foundation this week, the tech investor also warned the cryptocurrency threatens the US dollar. Here’s what else he said.
6. Boston Dynamics’ Spot robot was thrown into an army field test — but it ran out of battery mid-combat. The French military is testing Spot, the famous robot dog, in combat scenarios. See photos of Spot in combat.
7. Facebook is testing an app that’s similar to Clubhouse, but with video. The app, called Hotline, has a Q&A feature. Here’s what the app would — and wouldn’t — do.
8. Apple has reportedly delayed iPad and MacBook production due to the global chip shortage. Nikkei reported that Apple pushed back some component orders to the second half of this year — but iPhone production has not been affected. Here’s what else you should know.
9. The founders of Clubhouse had a revealing conversation on their unstoppable rise. In a recent interview, Paul Davison and Rohan Seth discussed how they built the ever-popular audio-only app. Read the nine key takeaways from the interview.
10. Fintech darlings Robinhood and SoFi want to democratize IPOs. The companies are looking to encroach on what’s typically been wealthier investors’ territory — opening up the IPO market to much smaller investors. Here’s how they’re trying to beat Wall Street at its own game.

Correction: Yesterday we misstated the cost of Best Buy’s new membership program, Best Buy Beta. It will cost $199.99 per year. More details on the program here.

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Compiled by Jordan Erb. Tips/comments? Email jerb@insider.com or tweet @JordanParkerErb.
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Crypto Currency

MicroStrategy Moves $30 Million in BTC to Coinbase Prime: Is the Bitcoin Sell-Off Already Here?

Strategy (formerly known as MicroStrategy), the largest corporate Bitcoin holder, has deposited 411.48 BTC worth roughly $30.3 million dollars into Coinbase Prime, sparking intense speculation about a potential sell-off across the crypto market. We break down what happened, what prediction markets now expect, and why the move matters for Bitcoin investors…

Strategy (formerly known as MicroStrategy), the largest corporate Bitcoin holder, has deposited 411.48 BTC worth roughly $30.3 million dollars into Coinbase Prime, sparking intense speculation about a potential sell-off across the crypto market. We break down what happened, what prediction markets now expect, and why the move matters for Bitcoin investors…
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Crypto Currency

U.S. Treasury: The United States Has Seized Nearly $1 Billion of Iran’s Crypto

Bitcoin Magazine U.S. Treasury: The United States Has Seized Nearly $1 Billion of Iran’s Crypto Treasury Secretary Scott Bessent said the U.S. has seized up to $1 billion in Iran-linked crypto. This post U.S. Treasury: The United States Has Seized Nearly $1 Billion of Iran’s Crypto first appeared on Bitcoin Magazine and is written by

Bitcoin Magazine

U.S. Treasury: The United States Has Seized Nearly $1 Billion of Iran’s Crypto
Treasury Secretary Scott Bessent said the U.S. has seized up to $1 billion in Iran-linked crypto.
This post U.S. Treasury: The United States Has Seized Nearly $1 Billion of Iran’s Crypto first appeared on Bitcoin Magazine and is written by Micah Zimmerman…
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Crypto Currency

JPMorgan Chase CEO Jamie Dimon Declares War on Clarity Act, Calls Coinbase’s Armstrong ‘Full of Sh*t’

Bitcoin Magazine JPMorgan Chase CEO Jamie Dimon Declares War on Clarity Act, Calls Coinbase’s Armstrong ‘Full of Sh*t’ JPMorgan Chase CEO Jamie Dimon has drawn a battle line in Washington: the Clarity Act, as written, is dead on arrival — and Coinbase CEO Brian Armstrong is the enemy driving it…

Bitcoin Magazine

JPMorgan Chase CEO Jamie Dimon Declares War on Clarity Act, Calls Coinbase’s Armstrong ‘Full of Sh*t’
JPMorgan Chase CEO Jamie Dimon has drawn a battle line in Washington: the Clarity Act, as written, is dead on arrival — and Coinbase CEO Brian Armstrong is the enemy driving it…
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Crypto Currency

Bitcoin perps just got a US green light, but one catch could decide everything

The CFTC has moved true Bitcoin perpetual futures from an offshore-liquidity debate into a US-regulated test case, with KalshiEX LLC now approved to list BTCPERP and Coinbase Financial Markets receiving separate staff-level relief for access to certain Deribit products. The Commission approved KalshiEX LLC’s BTCPERP contract as a futures contract…

The CFTC has moved true Bitcoin perpetual futures from an offshore-liquidity debate into a US-regulated test case, with KalshiEX LLC now approved to list BTCPERP and Coinbase Financial Markets receiving separate staff-level relief for access to certain Deribit products. The Commission approved KalshiEX LLC’s BTCPERP contract as a futures contract…
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