Rob Verger, Assistant Tech Editor at Popular Science, joins Cheddar to discuss the growing popularity in bitcoin. As of Tuesday morning, the cryptocurrency was inching towards trading at $12,000.
There is a lot of risk and volatility within this market, and Verger says if you're investing money, it's at your own risk. Since there is no central entity overseeing bitcoin, it's hard to regulate what it trades at. Verger says blockchain and the technology behind bitcoin won't ever change, but the value of its worth will.
Plus, there are concerns over liquidating bitcoin. He talks about buying and selling through an exchange, and the risk of that exchange not having the funds to back investments. It's edging closer to mainstream, and the technology behind the currency is becoming stronger and stronger.
A new complaint by an advocacy group is urging the Federal Trade Commission to open up an investigation into OpenAI, accusing it of violating part of an FTC Act that prohibits unfair and deceptive business practices.
With the release of Apple's iOS 16.4 on Monday, a new batch of 31 emojis are now available to those who like to spice up their texts. The line-up includes new animals such as a donkey, a moose, and a goose; new heart colors, including the much-requested plain pink heart; and other oddities such as a biting lip, a melting face, and a pregnant man.
Apple Pay is getting in on the buy now pay later boom with a feature allowing users to split purchases into four separate payments over six weeks at no additional cost or interest.
San Francisco-based technology startup Illumix just closed a $18 million Series A round of funding, and in a rare move for the Shark Tank star, Mark Cuban contributed.
