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Kim Kardashian Sued Over Cryptocurrency Scheme

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Kim Kardashian Sued Over Cryptocurrency Scheme

the socialite Kim Kardashian and the boxer Floyd Mayweather became the target of a lawsuit in the United States for promoting a cryptocurrency considered suspicious. Throughout 2021, the duo mentioned investments in EthereumMax, an altcoin that had been created recently and has no formal relationship with the popular and trusted Ethereum.

The hype caused the cryptocurrency to skyrocket in value, and then several of the investors took advantage of the rise to sell their reserves. In a matter of a few months, the value had dropped by 97% and stabilized — a scheme known as “pump and dump” in the financial markets.

inflate to get rid

Kardashian would have received high fees for making a sponsored post about EthereumMax on her popular Instagram profile, while Mayweather practically became an ambassador for cryptocurrency, even promoting the brand in the fight against youtuber Jake Paul.

This isn’t the first time the boxer has gotten himself into trouble with the law over the matter: in 2018, he paid $600,000 in a settlement to evade a trial involving an also-controversial initial coin offering (ICO).

Those responsible for EthereumMax deny the accusations and say they are transparent and communicative about the project. The celebrities involved have not commented so far and the case should move forward, still without a resolution forecast.

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Wearables

Apple Declares 2013 and 2014 iMacs Obsolete and Watch Series 2 Smartwatches ‘Vintage’

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Apple Declares 2013 and 2014 iMacs Obsolete and Watch Series

Apple has added three models of iMacs to its list of obsolete products: a 21.5-inch screen from 2013, a 21.5-inch screen from 2014, and a 27-inch Retina 5K screen also from 2014.

Apple Declares 2013 and 2014 iMacs Obsolete and Watch Series 2 Smartwatches 'Vintage'

Apple typically deprecates products seven years after they were released, so it’s no surprise that the 2013 and 2014 iMacs are on the list.

As for smart watches Apple Watch Series 2, they are recognized as “vintage”. This category usually includes devices that have been released for five years. There may be problems with the official repair of the aforementioned iMacs.

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There are almost 1 billion 5G users. Ericsson report shows that operators often ask for more money for such tariffs.

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There are almost 1 billion 5G users Ericsson report shows

According to a report by Ericsson cited by The Verge, by the end of this year, the number of 5G subscribers in the world will reach 1 billion.

Of course, this is far from the performance of 4G networks, which are now used by about 5 billion people, but still this is a fairly significant part of the market.

There are almost 1 billion 5G users. Ericsson report shows that operators often ask for more money for such tariffs.

Of course, 5G adoption is far from uneven. In North America, about 35% of subscribers will use 5G networks by the end of this year.

At the same time, the report indicates that operators often ask for more money for the higher speeds offered by new networks. Dividing into corresponding tariffs is popular among operators in Western Europe, but overall, 25% of operators worldwide charge extra for 5G. And the average markup is 40%.

Ericsson believes that, unfortunately, this trend will continue for several more years, as operators need to compensate for the costs of developing a new network.

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Is Apple Helping the Chinese Government Fight Protests? The company cut the AirDrop function in the Middle Kingdom

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Is Apple Helping the Chinese Government Fight Protests The company

The history of protests in China is overgrown with new interesting details related to IT companies.

Is Apple Helping the Chinese Government Fight Protests?  The company cut the AirDrop function in the Middle Kingdom

Just weeks before the protests began, Apple reportedly made a major change to how AirDrop works, and only in China. After updating to iOS 16.1.1, AirDrop in the mode of receiving messages from everyone became possible only for 10 minutes, after which AirDrop simply turns off. In normal mode, AirDrop has no time limit, as there is none now and all over the world outside of China.

The fact is that AirDrop is one of the ways protesters communicate, and not only in China. AirDrop works locally in smartphone-to-smartphone mode, without relying on external networks, so it cannot simply be blocked or read data. But in this case, for some reason, Apple decided to seriously change the function, although it did not turn it off completely.

The CNBC resource also notes that the corresponding update was released a month after Chinese President Xi Jinping was re-elected for a third term.

Recall that Huawei smartphones have been noticed that they automatically delete videos that depict events related to protests in China.

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