Circle, fresh from its $18 billion IPO, has applied with the Office of the Comptroller of the Currency (OCC) for a national trust bank charter. Ripple has also announced its intention to apply for a similar banking license. Fidelity’s digital assets business is among others seeking approval. The sudden rush follows stablecoin legislation moving closer … Read more
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New York Yankees right-hander Clarke Schmidt is expected to undergo Tommy John surgery, according to manager Aaron Boone. The 29-year-old Schmidt’s season has ended due to a torn ulnar collateral ligament in his right elbow. Schmidt had been dealing with elbow soreness since June 4 and tried to pitch through the discomfort. However, on Thursday, … Read more
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China is constructing its first Legoland theme park, featuring a replica of the Great Wall of China, in an effort to attract under-pressure consumers. The move aims to boost tourism and economic growth in the country. A new Legoland park is expected to be completed soon, which will showcase various themes, including the iconic Great … Read more
Google’s search engine experienced a surge in traffic, causing a temporary overload that resulted in “429 Too Many Requests” errors for some users. The issue occurred due to an unexpected spike in searches, overwhelming the system. To resolve the problem, Google engineers worked diligently to scale up their infrastructure and distribute the workload more efficiently. … Read more
Amazon is offering discounts on its popular e-readers ahead of Prime Day. The deals include up to 42% off some of the best Kindles ever tested, including the new Kindle Colorsoft Signature Edition Essentials Bundle and the Kindle Scribe. The Kindle Colorsoft Signature Edition Essentials Bundle is now available for $211, its lowest price to … Read more
Instyle.com experienced a brief technical issue that required users to complete a verification process. The website, which provides fashion and lifestyle content, took down its primary site for several seconds due to security concerns. The problem was attributed to a connectivity verification step prompted by the site’s security software, Cloudflare. To resolve this, users were … Read more
Oasis kicked off a reunion tour in Cardiff, Wales on Friday after a 16-year hiatus, treating fans to a powerful and punchy setlist that drew heavily from its iconic songbook. The band, which was led by the famously feuding Gallagher siblings Noel and Liam, performed to a deafening roar in front of a crowd of … Read more