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PayPal Links lets you send and receive money much faster now - even crypto

Silas Stein/picture alliance via Getty Images Follow ZDNET: Add us as a preferred source on Google. ZDNET's key takeaways PayPal Links lets you send and request money with other PayPal users. You can share the payment link in an email, direct message, or text. PayPal is also adding cryptocurrency as a payment method. Move over, Zelle. Watch out, CashApp. PayPal has unveiled a new type of peer-to-peer payment method that promises to be easier and simpler than other options. On Monday, the

Woman Sends Money to "Stranded Astronaut" So He Can "Buy Oxygen"

"In space on a spaceship right now." The sky's the limit for how outrageously implausible some scams can get. Actually, try beyond the atmosphere. An elderly woman in Japan sent thousands of dollars to a trickster who claimed to be an astronaut trapped in space and in danger of suffocating, Agence France-Presse reports. In fairness to the lady, though, she thought they were in love. The 80-year-old pensioner, who lives in Sapporo, the capital of Japan's northern island Hokkaido, met the scamm

Hike, once a unicorn, shuts down as India cracks down on real-money gaming

Hike, once one of India’s most valuable startups with unicorn status, has become the latest casualty of New Delhi’s recent real-money gaming ban, with the company — led by Kavin Bharti Mittal, son of Airtel founder Sunil Bharti Mittal — now shutting down. On Saturday, Hike founder Mittal (pictured above) said that the startup’s U.S. business, which launched nine months ago, was “off to a strong start.” But he said scaling it globally would require “a full recap, a reset that is not the best use

Heroic Gas Station Clerk Realizes Elderly Women Are Being Scammed at the Bitcoin ATM, Unplugs It to Save Them

One of the core appeals of cryptocurrency — other than providing a get-rich-quick scheme for famous people with huge sway over their followers, like a sitting president or an airheaded influencer — is that it's decentralized and largely unregulated. Of course, that also makes it a breeding ground for fraud. Just ask Boise, Idaho gas station clerk Avalon Hardy. As Inc reports, she ended up repeatedly intervening to stop old ladies from getting ripped off by using the establishment's Bitcoin ATM

Can we please keep our broadband money, Republican governor asks Trump admin

Louisiana Governor Jeff Landry has a simple request for the Trump administration: Don't take our broadband money away. Trump's Commerce Department rewrote the rules of the $42 billion Broadband Equity, Access, and Deployment (BEAD) grant program, forcing states to change how they spend money earmarked for expanding broadband access. The overhaul led states to reduce spending on fiber networks and increase spending on satellite—although not to the extent sought by SpaceX CEO Elon Musk, who is de

Where's the Fun in AI Gambling?

Michael Calore: You reported that most of the seasoned players in the online gambling space are sticking to the first model that you mentioned, which is just making an agent that does the research and can make tips for what would be a good bet, but it leaves the final step of actually placing the bet in the hand of you, the person who's putting their money on the line. But how is it going for the companies and the users that are taking the riskier step of letting the AI agent actually place the

Taking Buildkite from a side project to a global company

👋 Welcome to Valley of Doubt, a free weekly newsletter that goes deep into founder stories from the early days of startups. 🚀 Keith Pitt is the co-founder and former CEO of Buildkite, a devtools company that started in Melbourne and grew to have some of Silicon Valley’s biggest companies as clients. In this interview we dig into: Starting Buildkite as a side project Running out of money and having to go back to investors The challenges of growing into a venture capital valuation Finding yo

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A Sitting President Is Making Billions Off Crypto, Which Feels Like a Bit of an Outrage

Before his first presidential bid, TV personality and real estate tycoon Donald Trump was doing just fine, financially speaking. The benefactor of a $5.5 million trust fund, adjusted for inflation — not to mention a $20 million inheritance from his father, split with his siblings — Trump's actual net worth has always been a hazy target for estimates. As he left office in 2021, Trump's net worth seemed to be around $2.3 billion, according to Forbes, thanks to legal fallout and a real estate port

Ready to jump ship from T-Mobile Money? Here are 5 apps you should consider instead

Joe Maring / Android Authority The T-Mobile Money service was recently folded into the T-Life app, and as you might expect, the transition has been rough. Users have reported login failures, locked-out accounts, and incorrect balances. While T-Mobile is working to fix these issues, it is understandable if you are ready to move on. Below, we will cover five alternatives that offer a similar experience without the drama. Quick disclaimer: I am not a financial expert. These are simply apps with f

Director Jim Jarmusch ‘disappointed and disconcerted’ by Mubi’s funding from Sequoia

In Brief Veteran indie filmmaker Jim Jarmusch premiered his new movie “Father Mother Sister Brother” today at the Venice Film Festival, where journalists asked him about Mubi, the streaming platform that co-produced the film — specifically, about Mubi’s recent $100 million funding round led by Sequoia Capital. “I was disappointed and disconcerted by this relationship,” Jarmusch said, while noting that his own “relationship with Mubi started much before that, and they were fantastic to work wit

The 20 best Labor Day deals you can grab for $100 or less

writes about tech news, reviews gadgets, and helps readers save money by highlighting deals and product recommendations for The Verge. Posts from this author will be added to your daily email digest and your homepage feed. Labor Day weekend has finally arrived, and after a week of early discounts trickling in, the sales are now in full swing. From big-screen OLED TVs and outdoor gear to back-to-school essentials like the latest MacBook Air, we rounded up a guide of almost 100 deals we think ar

Microsoft and Uber alum raises $3M for YC-backed Munify, a neobank for the Egyptian diaspora

Khalid Ashmawy remembers the first time he wired money home while studying in Europe. He had just received his monthly stipend as a master’s student in Stuttgart and wanted to send part of it back to his family in Cairo. It was usually a slow and expensive process, he recalled. A $400 wire transfer, for instance, could cost $40 in fees and take three business days to arrive. Years later, while working at Microsoft and Uber in the U.S., and even after founding a startup, that experience hadn’t

T-Mobile Money’s move to the T-Life app is going as smoothly as expected

Joe Maring / Android Authority T-Mobile's T-Life app. TL;DR T-Mobile Money’s migration into the T-Life app has caused delays, access problems, and other issues for customers. Users report being locked out of accounts or left with negative balances, though many regain access after long waits. The frustration is compounded as the switch coincided with payday and month-end payment dates. T-Mobile’s plan to fold its Money service into the all-in-one T-Life app has officially kicked off, and the

AI super PACs, the hottest investment in tech

Posts from this author will be added to your daily email digest and your homepage feed. Hello and welcome to Regulator, a newsletter about the collision between Big Tech and Washington (last week of summer edition). If you enjoy this, consider subscribing to get this newsletter weekly and everything The Verge has to offer. Ever since the US Supreme Court ruled in Citizens United v. FEC that corporations had the right to free speech and therefore could make political donations, American billion

Regulators Say Binance Must Tighten Money Laundering, Terrorism Rules

Beleaguered crypto company Binance must tighten up its compliance controls covering anti-money laundering and counter-terrorism and add an independent auditor if it wants to keep doing business in Australia, regulators said this week. The Australian Transaction Reports and Analysis Centre (AUSTRAC) is mandating the crypto giant put outside auditors in place within 28 days of its decision. The watchdog said that the new rules are intended to address “serious concerns” it has about its oversight

Trump administration official says some CHIPS Act companies won't need to give up equity

Last week, the Trump administration said it might take a stake in Intel in exchange for the $10.86 billion in federal grants the company is receiving from the Chips and Science (CHIPS) Act. However, not all companies receiving funds under the same program will need to give up equity, The Wall Street Journal has reported. Companies like TSMC and Micron that increased their US investments won't have any additional obligations, according to a government official familiar with the matter. Ealier, c

As India bans real-money games, Dream Sports, MPL start pulling the plug

Top Indian startups in the real-money gaming space have begun shutting down operations after New Delhi effectively banned the sector through new legislation that’s now on the verge of becoming law. On Thursday, the upper house of the Indian parliament passed the Promotion and Regulation of Online Gaming Bill, 2025 — proposing to completely ban real-money gaming while aiming to promote casual online games and e-sports. The vote came just a day after the bill cleared the lower house, leaving only

India bans real-money gaming, threatening a $23 billion industry

India’s lower house of parliament on Wednesday passed a sweeping online gaming bill that, while promoting esports and casual gaming without monetary stakes, imposes a blanket ban on real-money games — threatening to disrupt billions of dollars in investment and significantly impact the real-money gaming industry, which could see widespread shutdowns. Titled the Promotion and Regulation of Online Gaming Bill, 2025, the legislation aims to prohibit real-money games nationwide — whether based on s

Lutnick says Intel has to give government equity in return for CHIPS Act funds

In this article INTC Follow your favorite stocks CREATE FREE ACCOUNT watch now Commerce Secretary Howard Lutnick said Tuesday that Intel must give the U.S. government an equity stake in the company in return for CHIPS Act funds. "We should get an equity stake for our money," Lutnick said on CNBC's "Squawk on the Street." "So we'll deliver the money, which was already committed under the Biden administration. We'll get equity in return for it." Shares of the struggling chipmaker climbed 8% on T

Giving people money helped less than I thought it would

U.S. singer Eartha Kitt is seen at the end of the Poor People March, on June 19, 1968, in Washington, D.C. (Photo by ARNOLD SACHS/AFP via Getty Images) Just give people money. It's the simple, brute-force solution to so many problems. In low-income countries, charities are sometimes measured against whether their interventions are better than simply giving people cash. Even in high-income countries like the U.S., when disaster strikes, often the best thing you can do is get money into the hands

Howard Lutnick Calls CHIPS Act a ‘Giveaway to Rich Companies’ Like Intel

The U.S. government could get a 10% equity stake in Intel in exchange for more funds from the CHIPS Act, according to Commerce Secretary Howard Lutnick, who appeared on CNBC Tuesday. Lutnick was pressed about whether that would be a worse deal than what Intel had previously received under the Biden-era manufacturing plan, and the commerce secretary seemed more than happy to acknowledge it was. “Of course it’s worse, of course it’s worse…” Lutnick said, laughing. CNBC host David Faber asked if t

India’s government to propose blanket ban on real-money gaming

Real-money gaming companies are reeling as India moves to propose a blanket ban on their operations under a new legislation. The Indian government plans to prohibit real-money games — whether based on skill or chance — under its proposed online gaming regulation, per a draft seen by TechCrunch, which was also verified by three sources, including one consultant with the Indian IT ministry and two people working closely with the Indian government and real-money gaming companies. Proposed to be c

Are We Creating Entrepreneurs or Just Privileged Risk-Takers?

We've all seen them — those impossibly young entrepreneurs gracing magazine covers, giving TED talks, and securing million-dollar funding rounds before they can legally drink. Mark Zuckerberg dropping out of Harvard, Evan Spiegel turning down billions for Snapchat, or countless other "wunderkind" stories that dominate our feeds. But here's the question nobody wants to ask: What role did their parents really play? A recent discussion on V2EX, China's equivalent of Hacker News, pulled back the c

'Chairmen' of $100 million scam operation extradited to US

The U.S. Department of Justice charged four Ghanaian nationals for their roles in a massive fraud ring linked to the theft of over $100 million in romance scams and business email compromise attacks. The defendants were allegedly high-ranking members of a major international fraud ring based in Ghana that targeted companies and individuals across the United States between 2016 and May 2023. Isaac Oduro Boateng (also known as "Kofi Boat"), Inusah Ahmed ("Pascal"), Derrick Van Yeboah ("Van"), an

Windsurf Gets Margin Called

the $82 million ARR product nobody wanted imagine you relaunch your company twice, and manage to become one of the fastest-growing saas companies in history — literally record-breaking. go from zero to $82m arr in eight months. get enterprise customers like nvidia and palantir. go on every single vc podcast to tell people about it. then give it all away for almost free. in 72 hours. over a weekend. that's exactly what the windsurf founders did last week. everyone's so busy talking about the t

Cryptomixer founders pled guilty to laundering money for cybercriminals

The founders of the Samourai Wallet (Samourai) cryptocurrency mixer have pleaded guilty to laundering over $200 million for criminals. ​Samourai CEO Keonne Rodriguez and CTO William Lonergan Hill admitted to their involvement in the Samourai money laundering operation, pleading guilty to conspiracy for operating a money transmitting business that handled criminal proceeds, and are now facing a maximum sentence of five years in prison. As part of their plea agreements, Rodriguez and Hill have a

Tornado Cash Developer Roman Storm Guilty on One Count in Federal Crypto Case

Roman Storm, one of the developers of crypto anonymizing tool Tornado Cash, has been found guilty of conspiracy to operate an unlicensed money transmitting business by a jury in a court in New York. He faces a maximum sentence of five years in federal prison. In 2023, the US Department of Justice charged Storm with three violations: conspiracy to commit money laundering, conspiracy to violate sanctions, and conspiracy to operate an unlicensed money transmitting business. On Wednesday, at the e

Yamaha’s New Soundbar Has More Up-Firing Dolby Atmos Speakers Than There Are ‘Fast and Furious’ Movies

Sometimes more is better. Case in point: money. I could really use more money, and if you gave me more money, I’d be happy about that—I think most would agree with that sentiment, and if you don’t, I have a favor to ask. Speakers, like money, are also a thing you may want more of, and while they’re not as important as money, they’re important for your ears, and Yamaha is here to take your money in exchange for satisfying your ears in a very maximalist way. Yamaha’s True X Surround 90A soundbar

Google proposes to open Play Store to more real-money games in India

Google has proposed sweeping changes to its Play Store and advertising policies in India, aiming to allow more real-money gaming apps onto its platforms in a bid to settle an ongoing antitrust case with a local online gaming platform WinZO. On Wednesday, India’s competition watchdog issued a public notice (PDF) inviting comments on a “commitment proposal” from Google, offering to expand access to its Play Store and advertising policy for more real-money gaming apps in the South Asian market. G

Cash App users can now pool money for group payments — even with non-users

Cash App launched a new peer-to-peer payment feature on Tuesday called “Pools” that allows users to pool money with friends or family members to pay for expenses like grocery bills, restaurant checks, vacations, and group gifts. Initially available to select users, it will expand more widely in the coming months. Users can create Pools through the payment tab by setting a target amount and inviting contributors via their $cashtag or texting a link to non-users to pay through Apple Pay or Google

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