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Binance SWIFT banking partner set to ban USD transfers below $100K
Binance stressed that credit and debit card payments will continue to be accepted and that non-USD bank transfers would still be processed through the SWIFT payment system. News Own this piece of history Collect this article as an NFT Binance has informed its retail customer base of a potential incoming service disruption that may halt on and off-ramp bank payment transfers. The service disruption will impact users of U.S Dollar-held bank accounts that are looking to buy or sell cryptocurrencies for less than $100,000 via the SWIFT payment system. The disruption will take effect on Feb. 1. Binance announced the news to its “Binancians” by email on Jan. 21, stressing that they’re now “actively seeking” a new SWIFT (USD) partner to avoid service disruptions for future bank payment transfers....
YouTube to bring picture-in-picture to iPhones and iPads
The YouTube app on iOS will be getting picture-in-picture support, allowing all users to watch videos while doing other things on their iPhones and iPads. A YouTube spokesperson told the media that the feature is currently rolling out to Premium subscribers, and that a launch for all iOS users (including the free ones) in the US is in the works. Apple added support for picture-in-picture video for iPads with iOS 13, and brought it to iPhones with iOS 14. Since then, YouTube’s support for the feature on iPhones and iPads has been spotty — it works for iPad if you’re using Safari (though some have reported it doesn’t work for non-Premium subscribers); iPhone users have only been able to access the feature periodically. That complication seems to be going away, at least for those in the US: i...
Spotify launches Clubhouse competitor Greenroom
Spotify’s live audio app, Greenroom, formally launches today on iOS and Android, marking the company’s first real attempt at creating a social media platform. The social audio app, which is similar to Clubhouse, allows users to host live conversations about sports, music, and culture. Today’s launch doesn’t come with a marquee creator announcement or specific event planned, but instead, the company is taking the opportunity to encourage people to sign up and figure out how they’ll want to use the app. Some of its core functionality, a person close to the situation says, will eventually make its way to the actual Spotify app, so the team will monitor what happens in Greenroom closely. The app is built on Locker Room, which Betty Labs created and Spotify acquired in March. That app focused s...
Lagos governor: Twitter should have an office in Nigeria to resolve issues
Lagos State Governor Babajide Sanwo Olu said if Twitter had an office in Nigeria, resolving the current Twitter ban initiated by the Buhari government would have been easier. The governor made the suggestion in an interview with Arise TV on Monday. Mr Sanwo-Olu noted that he cannot categorically say if the federal government’s action against Twitter is wrong or right because he does not have the same prognosis as the President and Commander in Chief. “I cannot sit down here with all of the responsibilities that I have and fly (sic) the commander in chief of the armed forces. Even had (sic) a prognosis and security information that I do not have. I cannot begin to say that was it done is right or wrong” he asserted. He alluded that the government had only suspended Twitter operations in Nig...
India warns Twitter of consequences if it fails to follow new rules
India’s government has told Twitter it could face “unintended consequences” if it fails to comply with the country’s new social media rules, Reuters reported. India’s technology minister wrote in a June 5th letter to Twitter that the company’s responses to previous government letters about the new rules did not confirm whether Twitter was in full compliance, according to Reuters. Under India’s Intermediary Guidelines and Digital Media Ethics Code, which took effect in May, social media companies could be subject to legal action if they fail to follow the code’s provisions, which are aimed at regulating the platforms’ content. The new rules call for platforms like Twitter, Facebook, and WhatsApp to remove content within 36 hours of receiving a legal order. The rules also require the compani...
Twitter pushes back on ban by Nigerian government
Micro blogging social platform, Twitter, has pushed back on ban by the Federal Government. It described it as brazen affront on citizens fundamental human rights and advised its users and other social media platforms in the country to download virtual private networks (VPNs) to enable them continue to use the platforms for their economic survival and social and political engagements while the “push back on this draconian order by the Nigerian government.” In a statement, Twitter said: “Today, the 4th of June 2021, the Federal Government of Nigeria announced its suspension of Twitter operations, that the application can be used as a platform for activities capable of undermining Nigeria’s corporate existence. “Many Nigerians read the announcement of the ban on Twitter as a reflection of the...
Facebook hit with campaign by pro-Palestinian activists leaving 1-star app store ratings
A social media campaign by pro-Palestine activists has pushed down the ranking for Facebook’s app in Apple and Google’s app stores, NBC News reported. The activists are seeking to protest Facebook’s alleged censorship of Palestinian accounts on its platform, and are instructing people to leave Facebook’s app a one-star review. According to NBC News, Facebook is treating the situation as a high-priority issue internally; one software engineer wrote in a post on an internal Facebook message board that “users are upset with our handling of the situation,” adding that the users “have started protesting by leaving 1-star reviews.” Facebook has reached out to have the reviews removed, but so far, Apple has declined the request to remove the reviews. It’s not clear how or if Google responded to t...
21 runners dead as extreme weather hits China ultramarathon
Twenty-one people were killed after hail, freezing rain and high winds hit runners taking part in a 100-kilometre (62-mile) cross-country mountain race in China, state media said Sunday. The extreme weather struck a high-altitude section of the race held in the scenic Yellow River Stone Forest near Baiyin city in northwestern Gansu province Saturday afternoon. Among the dead were elite Chinese long-distance runners, local media reported. Official news agency Xinhua confirmed the death toll had risen to 21, citing the local rescue command headquarters. State broadcaster CCTV also reported the final missing competitor had been found dead. Baiyin city mayor Zhang Xuchen said that at around midday Saturday a section of the rugged ultramarathon course — between kilometres 20 and 31 — was “sudde...
CISLAC raises concerns over Nigeria’s debt profile, coronavirus accountability
The Civil Society Legislative Advocacy Centre (CISLAC), has expressed concerns over $2.18 billion foreign loan request to the Nigerian Senate to fund the 2021 Appropriations Act, by President Muhammadu Buhari. It has therefore urged the National Assembly to insist on an analysis of debt repayment strategy to be in place as its key priority to approvals. In a statement by Executive Director, CISLAC and Head of Transparency International – Nigeria, Auwal Ibrahim Musa Rafsanjani, he said national public finance management regime is meant to save the nation’s economic system from collapse: rescuing jobs, supporting livelihoods and bailing out many businesses on the brink. He warned the government to avoid the catastrophe that the international finance institutions forced on Greece: destroying ...
Google Photos adds locked folder for private images
Google is introducing a new feature to Google Photos that lets you hide specific pictures so they won’t show up in your photo feed or in other apps. The feature, called Locked Folder, will put whatever sensitive pictures you’d rather not share behind a password. In its I/O presentation, Google used the example of parents trying to keep a puppy purchase secret from their kids — though the feature should be useful for any sensitive images that you don’t want to share with others. It’s easy to see how this feature could be useful: who hasn’t handed their phone to someone to show off one or two pictures, then suddenly realized, “Wow, I hope they don’t scroll too far to the left or right”? Locked Folder will help Photos users avoid that fear by keeping whatever sensitive pictures you’ve got on ...
Apple Music pays one penny per stream
Engadget Apple Music’s payment rate for artists and labels is fundamentally a penny per stream, according to a letter from the company posted on its artist dashboard and first reported by the Wall Street Journal. That payment rate is higher than Spotify, which has a confusing variable rate scheme that basically tops out at a half-penny per stream. Announcing a penny-per-stream rate is a nice PR win for Apple Music, since it is 1. very simple and 2. Spotify hates talking about its per-stream payments, which the company insists are a misleading figure. Seriously, it just launched an entire website called Loud&Clear last month designed to help artists and fans understand how payments work, and a good chunk of it is devoted to explaining why per-stream rates are not the right thing to focu...
Clubhouse’s new direct payments let users pay creators
Social audio app Clubhouse will let all users pay other creators starting Monday. It’s the first monetization tool built right into the app. Clubhouse says it won’t take a cut of payments, meaning that creators get the entirety of what somebody sends them. Not everyone will be able to receive payments just yet, though; that will be rolling out in waves, “starting with a small test group,” Clubhouse says. To pay a Clubhouse creator who can receive payments, tap on their profile, then tap on the “Send Money” button, and then choose how much you send them. You’ll also have to pay a “small card processing fee” that goes to Stripe, which is Clubhouse’s payments processing partner. The first time to try to pay someone, Clubhouse will ask you to add a credit or debit card. The news of direct paym...
