Governance

Top tech news stories today: July 12, 2024

Fintech 1. Firms launch options on swap-based Bitcoin ETF Options on just-launched leveraged products that track the spot price of bitcoin via derivative swaps began trading on Thursday, a first for the cryptocurrency exchange-traded fund (ETF) universe. (Aol) 2. Block investors need more to gauge c…

07-12-TOP-TECH

Headline

Fintech 1. Firms launch options on swap-based Bitcoin ETF Options on just-launched leveraged products that track the spot price of bitcoin via derivative swaps began trading on Thursday, a first for the cryptocurrency exchange-traded fund (ETF) universe. (Aol) 2. Block investors…

Context

Options on just-launched leveraged products that track the spot price of bitcoin via derivative swaps began trading on Thursday, a first for the cryptocurrency exchange-traded fund (ETF) universe. ( Aol ) Jack Dorsey-led payments technology firm Block could become a formidable player in the crypto mining industry, but Wall Street will need details on profit margins to gauge the earnings tailwind from this business, analysts said. ( Yahoo Finance )

Evidence

Pending intelligence enrichment.

Analysis

By now, we’re all pretty familiar with cybersecurity for computers. But what would happen if a robotic arm on a production line was hacked and instructed to kill its human co-worker? That “device security” is the kind of thorny problem that Rome-based startup Exein is tackling. ( Tech Crunch ) Apple has issued a new round of threat notifications to iPhone users across 98 countries, warning them of potential mercenary spyware attacks. It’s the second such alert campaign from the company this year, following a similar notification sent to users in 92 nations in April. ( Tech Crunch ) MicroStrategy MSTR.O said on Thursday its board of directors has decided in favor of a 10-for-1 stock split of its class A and class B common stock, sending shares of the software company that invests in bitcoin up 4% before the bell. ( XM ) Several Macau government websites were hacked and police have launched a criminal investigation to trace the source of the crime, Chinese state media reported late on Wednesday. ( Aol )

Key Points

  • Fintech
  • 1. Firms launch options on swap-based Bitcoin ETF
  • 2. Block investors need more to gauge crypto unit’s earnings potential, analysts say
  • IT infrastructure
  • 3. Exein raised $15M Series B to stop robotic arms going haywire

Actions

Pending intelligence enrichment.

Author

Tuna Tu