The Federal Trade Commission (FTC) published a report about increasing fraud at Bitcoin ATMs. These ATMs allow people to turn their cash into crypto, but they’ve become a tool for scammers to perpetrate fraud. Since 2020, the FTC says, fraud at Bitcoin ATMs has ballooned nearly tenfold, and just in the first half of 2024, consumers have lost more than $66 million to these scams.
Scammers use tactics like fake phone calls, messages and security alerts to convince people that they’re in danger, and that they should deposit cash into a Bitcoin ATM to protect it. Then, the scammer may share a QR code to scan at the Bitcoin ATM, which deposits the cash into the scammer’s wallet.
Good news for Microsoft: The U.K.’s antitrust regulator says that the tech titan’s high-profile acquihire of the team behind AI startup Inflection doesn’t cause competition concerns, and thus it won’t…
In the summer of 2023, Lyft was contemplating the sale of its micromobility business after receiving strong interest from prospective buyers. Today, the ride-hail company is doubling down on its…
Spotify is launching daylist globally. It’s a personalized playlist that evolves throughout the day depending on your listening habits. This rollout comes after the company introduced it first to English-speaking…
Digital lending platforms have become an easy and swift alternative source of credit for microenterprises and individuals overlooked by traditional banking institutions. These platforms have turned into a lifeline for…
Indian online pharmacy startup PharmEasy, once valued at $5.6 billion, is still about 92% below its peak valuation, according to new estimates by its investor Janus Henderson. According to the…
Canva, the design platform, is increasing prices steeply for some customers. And it’s blaming the move in part on generative AI. In the U.S., some Canva Teams subscribers on older…
Snap is testing a “simplified version of Snapchat,” CEO Evan Spiegel wrote in a letter to employees published on Snap’s website Tuesday. The CEO says the simplified version aims to…
Prevention is better than cure, as the saying goes. Today, a splashy startup that has taken that concept to heart — literally and figuratively — is expanding. Neko Health was…
The Federal Trade Commission (FTC) published a report about increasing fraud at Bitcoin ATMs. These ATMs allow people to turn their cash into crypto, but they’ve become a tool for…
Volkswagen is taking its ChatGPT voice assistant experiment on the road. Or more specifically, to vehicles it sells in the United States. The German automaker announced in January at CES…
From idea to IPO, Disrupt charts startups at every stage on the roadmap to their next breakthrough. TechCrunch will gather some of the startup world’s leading companies — but our…
Android introduced five updates on Tuesday as part of its latest release of the mobile operating system. Available for smartphones, tablets and Wear OS watches, the new features include audio…
Google announced on Tuesday it’s releasing Android 15 and making its source code available ahead of the coming consumer launch, which will bring the new mobile operating system to supported…
As new users downloaded the app, Bluesky jumped to becoming the app to No. 1 in Brazil over the weekend, ahead of Meta’s X competitor, Instagram Threads.
Welcome to TechCrunch Fintech! This week, we’re looking at a new real estate startup that’s making big waves with its offering, Klarna and Affirm’s financials, a neobank focused on immigrants…
Instagram’s latest feature aims to boost user interaction within Stories. The social media platform now allows followers to comment on each other’s Stories, making the experience more community-focused, akin to…
Curious about how top venture capitalists are positioning themselves for the next wave in the crypto market? Dragonfly Capital’s Haseeb Qureshi, Galaxy Ventures’ Will Nuelle, and NFX’s Morgan Beller will…
Get ready for TechCrunch Disrupt 2024, our signature event for startups of all stages, happening at Moscone West in San Francisco from October 28-30. This year, we’re expecting a massive…
Spotter, the startup that provides financial solutions to content creators, announced Tuesday the launch of its new AI-powered creative suite. Dubbed Spotter Studio, the solution aims to support YouTubers throughout the…
This second fund is significant because Gupta expanded it beyond a corporate fund with one main LP — Prudential Financial — into one supported by a number of financial and…
The oil and fracking giant says it is “working to identify effects” of the ongoing cyberattack on its oil and fracking operations.
Is Elon’s rumble in the Amazonian jungle on course for a technical knockout? Over the weekend, the Brazilian high court voted to uphold a ban on X that another judge issued…
Flexible green methanol, which is made without fossil fuels, could rid carbon pollution from a range of industries.
French billionaire Xavier Niel is joining the board of directors of TikTok’s parent, ByteDance, the company told the South China Morning Post. It’s an interesting move as Niel isn’t a…
The Netherlands’ data protection authority has imposed a penalty of €30.5M on Clearview AI for GDPR violations.
X, the social network owned by Elon Musk, is finally rolling out one of the most sought-after features for direct messages: the ability to edit your message. Over the weekend,…
