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Strategy, the software firm that turned itself into a bitcoin holding company, is sitting on a paper loss of thirteen billion dollars — a figure so large it exceeds the entire market capitalization of hundreds of individual crypto tokens. It's a stark reminder of just how concentrated risk has become in digital asset markets, and how a single bet can dwarf entire ecosystems.
Shifting to the roads, Polestar is facing a ban on selling vehicles in the United States beginning with model year two thousand twenty seven. The Swedish electric vehicle maker, majority-owned by Chinese automaker Geely, is caught in the crosshairs of ongoing trade and national security tensions that have been reshaping the auto industry's relationship with Washington for months now.
And on the human side of cybersecurity, The Register's On Call column this week tells the story of a security manager who decided that multi-factor authentication was simply too much friction for staff to bother with. The predictable fallout that followed is a case study in how organizational culture can quietly undo even the most straightforward security upgrades.
Those are the stories driving the conversation today. Keep surfing. Tech Beat out.
