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Tech Beat · 7 AM Update

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Bitcoin is back above sixty-one thousand dollars after a rough overnight session that saw the cryptocurrency dip as low as fifty-nine thousand two hundred and twenty-seven dollars. The trigger was Friday's stronger-than-expected jobs report, which rattled markets broadly — the Nasdaq one hundred dropped roughly five percent, pulling stocks, bonds, and crypto down together. All told, the selloff wiped out one point six billion dollars in liquidations before buyers stepped back in.

Across the Atlantic, a very different kind of infrastructure story is unfolding. British telecom giant Openreach has partnered with a major metal recycling firm to combat what has become a four billion dollar a decade cable theft crisis in the United Kingdom. Thieves are stripping copper and fiber lines from communities nationwide, costing roughly five hundred million dollars every year. Openreach is now deploying DNA tracing technology and grid alarms to catch and prosecute offenders.

And for anyone who has ever called in sick when they weren't, there is now an open source Android app called FakeCall that simulates incoming calls on demand. The project lives on GitHub and requires no payment, though it raises fair questions about the line between a harmless social tool and something with more problematic uses.

That's your Tech Beat for now. Keep surfing. Tech Beat out.

Sources

  1. https://www.coindesk.com/markets/2026/06/06/bitcoin-back-above-usd61-000-after-rout-leads-to-usd1-6-billion-liquidations
  2. https://old.reddit.com/r/SeattleWA/comments/1ty5xsm/ethnic_nepotism_and_bias_in_seattle_tech_industry/
  3. https://news.ycombinator.com/item?id=48422004
  4. https://github.com/DDOneApps/FakeCall
  5. https://www.techradar.com/pro/communities-across-the-uk-are-paying-the-price-for-this-criminal-behaviour-openreach-teams-up-with-metal-recycling-giant-to-tackle-uks-gbp4bn-a-decade-cable-theft-problem
  6. https://www.techradar.com/pro/lacie-8big-pro5-das-review
  7. https://www.engadget.com/2188845/star-wars-zero-company-release-date-august-27/
  8. https://www.techradar.com/seasonal-sales/amazon-prime-members-can-already-get-usd135-in-free-perks-ahead-of-prime-day-2026-here-are-7-freebies-to-claim-right-now
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