Tech Brew Ride Home Wed. 08/03 – An Actual Use Case For NFTs And An Actual Flying Car
Aug 3, 2022
Hackers are now stealing crypto from individual wallets, raising alarms in the digital currency world. Robinhood has made significant layoffs as retail investor engagement drops. Meanwhile, there's an intriguing use case for NFTs emerging with Pearson selling textbooks as digital assets. On a futuristic note, a real flying car is now available for purchase, showcasing the potential for innovative transport solutions. Exciting times are ahead as the tech landscape continues to evolve!
AI Snips
Chapters
Transcript
Episode notes
Crypto Wallet Hack
- Hackers are stealing crypto from Solana and USDC wallets, impacting over 15,000 wallets.
- The exploit appears to compromise private keys, possibly due to reused seed phrases.
Robinhood Layoffs
- Robinhood is laying off 23% of its staff after a 9% layoff in April.
- Monthly active users have dropped significantly, and revenue has fallen 44%.
MicroStrategy and Bitcoin
- MicroStrategy CEO Michael Saylor is stepping down to focus on Bitcoin acquisition strategy.
- The company reported a billion-dollar loss largely due to its Bitcoin holdings.