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Tech World Sees New Developments in Stablecoins, E-Readers, Drones, and Government Appointments
The tech world saw a flurry of activity this week, ranging from new stablecoin offerings and drone discounts to controversies surrounding Bill Gates and power struggles within the National Institutes of Health (NIH).
Tether CEO Paolo Ardoino embarked on a media blitz this week, appearing in Fortune, Bloomberg, Reuters, and TechCrunch. This coincided with Tether's launch of USAT, a U.S.-regulated stablecoin issued through Anchorage Digital Bank, designed to comply with new federal rules and compete with Circle's USDC, according to TechCrunch. The stablecoin market is becoming increasingly competitive, with Fidelity Investments launching a competing stablecoin on Wednesday, joining JPMorgan Chase and PayPal, TechCrunch reported.
In other news, accusations regarding Bill Gates's connections with Jeffrey Epstein continued to surface. Emails suggested Epstein may have been drafting emails on behalf of someone named Boris, who worked at the Bill & Melinda Gates Foundation, according to The Verge. Gates responded to the accusations contained in the Epstein files as "absolutely absurd," The Verge reported. The emails included claims about Gates contracting an STD and wanting to surreptitiously give Melinda antibiotics.
For gadget enthusiasts, Antigravity's A1 360-degree drone was offered at a 15 percent discount through February 9th, according to The Verge. The discount was available across all bundles, with the most affordable option dropping from $1,599. Meanwhile, The Verge also reviewed the Xteink X4, a tiny pocket-friendly e-reader, noting its potential despite the challenges of using buttons instead of a touchscreen. "With buttons instead of a touchscreen, the Xteink X4 can be a challenge to use, but a growing community is fixing that," The Verge reported.
Finally, Ars Technica reported on a power struggle at the NIH over institute directorships. The article noted that when a new presidential administration takes office, it is responsible for filling around 4,000 jobs across the federal government. Science agencies like NASA and the NIH tend to have fewer political appointees than other parts of the government, according to Ars Technica.
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