Governance
Top tech news stories today: February 28, 2024
Bitcoin scorches past $57,000 as big buyers flock in, Apple cancels work on electric car and other top tech news.

Headline
Bitcoin scorches past $57,000 as big buyers flock in, Apple cancels work on electric car and other top tech news.
Context
Explore the cutting-edge world of technology with us! Dive into our latest updates and stay ahead of the curve with groundbreaking innovations, intriguing insights, and captivating breakthroughs. Join us as we unravel the future of technology together! Bitcoin hit a two-year high on Tuesday, on track for its biggest two-day rally this year, on signs large players were buying the cryptocurrency, while smaller rival ether topped $3,200 for the first time since 2022. ( Reuters )
Evidence
Pending intelligence enrichment.
Analysis
The success of the recently launched Backpack cryptocurrency exchange was a testament to a maturing crypto industry that demands more trustworthy exchanges, Armani Ferrante, the founder and CEO of Backpack, told Cointelegraph in an exclusive interview on Feb. 27. ( Cointelegraph ) Decentralised exchange (DEX) Uniswap is launching a web extension for its native wallet. According to the Feb. 27 announcement, a waitlist is currently available for users who have claimed a uni. eth username. “We will be sharing access to the Uniswap Extension Beta in the order of username claims,” the DEX said. ( Cointelegraph ) This migration to a scalable cloud will help Co-op by enabling a foundation for future capabilities and growth while reducing energy usage and supporting sustainability goals. TCS will also manage the hybrid cloud and SaaS estate for enhanced resilience and agility. ( Cloud Computing News ) The European Union’s wind power target for 2030 is within reach due to a rebound in investment and improved permitting procedures, an industry association report showed on Tuesday. ( Reuters )
Key Points
- 1. Bitcoin scorches past $57,000 as big buyers flock in
- 2. Backpack crypto exchange’s success is a testament to a maturing industry
- 3. Uniswap DEX to launch web wallet extension
- 4. Co-op to transition from data centres to cloud with TCS
- 5. EU 2030 wind target within reach thanks to investment, improved permitting, industry body says
Actions
Pending intelligence enrichment.




