Tag Archives: Avi Asher-Schapiro

16Sep/22

As ether adopts energy-saving ‘merge’, will bitcoin follow?

  • No. 2 cryptocurrency to adopt energy-saving protocol
  • ‘The merge’ could cut ethereum’s power use by 99%
  • Move seen piling climate pressure on bitcoin

By Avi Asher-Schapiro

LOS ANGELES, Sept 12 (Thomson Reuters Foundation) – Ethereum, the blockchain underpinning the world’s second-largest crypto token ether, is poised for a software upgrade that will slash the amount of energy it uses – a step that could pile pressure on bitcoin to take similar climate-friendly action. Continue reading

11Aug/22

Scam loan apps extorting Mexicans thrive in Google Play Store

  • Menacing messages, threats spiral along with debt
  • Legal loophole creates Wild West for lending apps
  • Complaints mount but regulators powerless to act

By Diana Baptista and Avi Asher -Schapiro

MEXICO CITY, Aug 11 (Thomson Reuters Foundation) – A week after Pedro Figueroa borrowed 10,000 pesos ($500) from José Cash, a popular Mexican lending app, the barrage of online abuse began.

A slew of WhatsApp messages swamped his phone, threatening harm – to him and his reputation – if he did not pay. Continue reading