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All Tinder Users Will Soon Have Access to ID Verification
As per a news release, Tinder will roll out its ID Verification feature to all its users worldwide in the coming quarters.
Once this feature is rolled out, Tinder users will have the ability to verify their identity by uploading their documents.
This feature is already available to Tinder users in Japan, where the platform allows users to upload a passport or license to verify their identity.
The type of documents that Tinder will require for identity verification will depend on the user’s location.
Tinder aims to get input from experts and Tinder users in various locations. It will factor in the feedback to fine-tune the process and make it privacy-friendly.
Blue Origin Drags NASA to Court Over Moon Lander Contract
Jeff Bezos’ Blue Origin has filed a lawsuit against NASA, accusing them of wrongful evaluation of their lunar lander proposal.
The lawsuit comes after Blue Origin’s months-long fight with NASA over the lunar lander funds, where SpaceX received a major share of the funding.
Blue Origin’s first protest over SpaceX winning a major share of the lunar lander funds was turned down by a federal watchdog agency.
But now, Bezos’ space company has filed a lawsuit against NASA, which may result in the Court pausing the SpaceX’s contract.
Blue Origin was among the three companies vying for the contract to land NASA’s first astronauts since 1972.
NASA chose SpaceX’s $2.9 billion Starship proposal over Blue Origin’s $5.9 billion Blue Moon landing system.
Banking on its Wearable Blood Glucose Tracker, Ultrahuman Raises $17.5 Million
The Bangalore-based health-tech startup, Ultrahuman, successfully raised $17.5 million in its Series B funding round.
Some leading early-stage funds like iSeed Ventures, Alpha Wave Incubation, Nexus Venture Partners, and Blume Ventures took part in this funding round.
Many founders and angel investors, too, participated in Ultrahuman’s Series B funding round.
It includes Deepinder Goyal (Zomato’s CEO), Kunal Shah (Cred’s CEO), Scott Schleifer, Unacademy’s Gaurav Munjal, and Roman Saini, among others.
With Series B funding of $17.5 million, Ultrahuman’s up-to-date funding has touched $25 million.
Before Retail Sale Data, Treasury Yield Trends Lower
Ahead of the release of July’s retail sales data, the United States Treasury yields continued trending on the lower side.
At 3.50 a.m. ET, there was a fall of nearly three basis points on the yield of 10-year Treasury to 1.23%.
On the other hand, the 30-year Treasury bond was down to 1.898%, falling by two basis points.
Experts expect a slowdown in July’s retail sales data because of concern about the spread of the delta variant.
The Dow Jones consensus forecast expects a fall of 0.3% in July’s retail sales.
The retail sales in July would have been up by 0.2% if auto sales would have been excluded from the Dow Jones consensus forecast calculations.
The Spanish Authorities Raise Red Flags Over Huobi & Bybit
Globally, regulators are taking strict measures to keep pressure on crypto businesses operating in their jurisdictions.
Recently, National Securities Market Commission (CNMV), Spain’s financial watchdog, issued a warning against 12 financial business entities.
It includes leading crypto platforms like Huobi and Bybit. As per CNMV, neither Huobi nor Bybit is authorized to offer investment services in Spain.
Technically, National Securities Market Commission has no powers to enforce a ban. But, the organization can appeal to the court to ban any companies operating without necessary permissions.
Around the Web
🌐 To Gain More Users, Facebook Joins the New Asia Pacific Subsea Cable Project: The social media giant Facebook has announced that it will provide investment to 12,000-kilometer-long new ‘Apricot’ subsea cable project. This project aims to improve web connectivity in the Asia-Pacific region. Considering that 2 billion users are living in the region without internet access, Facebook stands to gain a lot from this project.
👨💻 Bluesky, Twitter’s Ambitious Decentralized Social Network, Finally has a Crypto Developer Onboard: Twitter’s Bluesky, a decentralization social media network, took a crucial step on Monday. The company appointed Jay Graber in a role of a crypto project lead to direct the further steps of the protocol. Bluesky will operate independently of Twitter. But, so far, Twitter has provided the majority of its funding.