Here's everything Samsung announced at its August Unpacked event (3 minute read)
Samsung announced four new devices at its August 11 Unpacked event. The Galaxy Fold 3 will feature an under-display camera that attempts to blend with the screen, compatibility with the S Pen stylus, a more capable Cover Display, and IPX8-rated waterproofing. The Galaxy Z Flip 3 has a Cover Display four times larger than its predecessor. Wear OS powered by Samsung has the same features as the company's previous OS, with the added advantage of better third-party app support. The Galaxy Watch 4 has a new BioActive sensor, a new processor, and 50 percent more RAM. The Galaxy Buds 2 features active noise cancellation, with three ambient sound levels. They have a machine learning feature that filters out noises when talking. More details, pictures, and videos are available in the article.
Coinbase removes ‘backed by US dollars’ claim for USDC stablecoin (3 minute read)
Coinbase has made an important update on the USD Coin page following an audit. The page previously stated that all of the coin's reserves were held in cash, but the audit found that USDC's reserves were not fully backed by US dollars held in a bank account. Coinbase's USDC page now states that each USDC is backed by one dollar or asset with equivalent fair value. Users can always redeem one USDC for one US dollar. Circle, the company that oversees USDC, recently announced plans to become a full-reserve national digital currency bank in the US.