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WWDC is now just two months away, and we're starting to hear a bit more about what we might see with upcoming iOS 17 and watchOS 10 updates that should be unveiled during the keynote.

This week also saw the release of an iOS 16.4.1 bug fix update, another rumor about Apple's timeline for transitioning some of its Mac notebooks to OLED display technology, and a curious Bitcoin-related discovery in macOS, so read on for all the details on these stories and more!

iOS 17 will feature "major" changes to Control Center on the iPhone, according to a MacRumors Forums member with a proven track record.

It was also claimed that iOS 17 and iPadOS 17 would drop support for the iPhone X, first-generation iPad Pro models, and some other devices, but this rumor was later disputed.

Apple released the 24-inch iMac with the M1 chip and a colorful ultra-thin design in April 2021. Later this month, it will have been two years since the all-in-one desktop computer was last updated.

The upcoming watchOS 10 update for the Apple Watch will include "notable changes" to the user interface, according to Bloomberg's Mark Gurman.

Earlier this week, we learned that Apple had an iOS 16.4.1 update in the works, and on Friday that update was released to the public with emoji and Siri bug fixes.

In every version of macOS that has shipped since 2018, Apple has included the original Bitcoin whitepaper by Satoshi Nakamoto within the filesystem, and no one seems to know why.

Apple is unlikely to release high-end MacBook Pro models with OLED displays until 2026, according to display industry analyst Ross Young.

Each week, we publish an email newsletter like this highlighting the top Apple stories, making it a great way to get a bite-sized recap of the week hitting all of the major topics we've covered and tying together related stories for a big-picture view.

So if you want to have top stories like the above recap delivered to your email inbox each week, subscribe to our newsletter!

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Top Stories: iOS 17 and watchOS 10 Rumors, When to Expect a ... - MacRumors

When Jeff Bezos started Amazon.com Inc. as an online bookseller in 1994, he thought his company would probably fail.

And he was upfront about it with Amazons investors starting with his parents.

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As Bezos told an interviewer in 2000, three years after Amazon went public, I thought there was a 30% chance that we might build a successful company. I never thought wed build what Amazon has turned into, and Im the most surprised on the planet.

He told his parents it was very likely they would lose all of the $245,573 they were investing in Amazon.

Bezos calls his approach regret minimization. Yes, the odds were against him, but there were only two possible negative outcomes.

One was the risk Amazon failing after he launched it. That failure would cost him time and money, along with losses for his investors.

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Or worse, in Bezos eyes he would never take the plunge on Amazon and spend his life not knowing what he could have achieved. That would have been a bigger source of regret than trying and failing so he tried while being clear-eyed about the risks.

Its realism and humility that should speak to investors. Even in 1994, when Amazon was just an idea, Bezos had much to boast about. He had risen from flipping burgers at a McDonalds to a stable job at a hedge fund. He could have emphasized Amazons many advantages while downplaying risks.

Instead, he was upfront about the long odds his company faced. And happily, the investment worked out well for his parents.

And the principle of regret minimization applies to investors, too. If you have money you can afford to lose risk capital you may be able to minimize regret by investing it rather than keeping it on the sidelines.

Examples of this abound, but the most famous is probably crypto.

Even if the odds against Bitcoin succeeding to this degree are slim, are they really 100 million to 1 against?

Take the story of Hal Finney, the computer programmer who was likely the second person in history to mine Bitcoin, after its pseudonymous founder Satoshi Nakamoto himself.

Upon mining a block of Bitcoins 50 in total he sent a congratulatory email to Satoshi Nakamoto along with some musings.

Before sending, he capped his congratulations with a final thought.

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Even if the odds of Bitcoin succeeding to this degree are slim, are they really 100 million to 1 against? Something to think about.

At the time, Bitcoins were officially worth nothing. Only a handful of people knew they existed, and they could easily mine 50 Bitcoins for just a few cents worth of electricity.

And the principle of regret minimization applies to startup companies most of all.

Like Amazon and crypto in their earliest stages, startup companies are risky. For many of them, the most likely outcome is that investors lose 100% of their money.

So investors should tread cautiously and never invest more than they can afford to lose.

But startups are the same way Bezos and many of the other richest people on the planet made their fortune. Thanks to changes in federal law, anyone can invest in startups on platforms like StartEngine and Wefunder. For example, Gameflip has already raised over $900,000 from retail investors for its gaming marketplace.

See more on startup investing from Benzinga.

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How Jeff Bezos' Principle of Regret Minimization Can Make ... - Benzinga

Source / Sam Cooling x MidJourney x CNBC

A recent development in the cryptocurrency world has sparked considerable interest: billionaire entrepreneur Peter Thiel has hinted that he may have met the individual or group behind the pseudonym Satoshi Nakamoto, the creator of Bitcoin.

Thiel asserts that this encounter took place at a financial cryptography conference in Anguilla 23 years ago.

This revelation comes as Thiel's associate, Balaji Srinivasan, speculates that Bitcoin could achieve a value of $1 million.

Given Thiel's connections at the time, which included Elon Musk, the PayPal Mafia, E-Gold founders, Srinivasan, and Vitalik Buterin, it is plausible that Thiel crossed paths with Satoshi.

The extent of their connection, however, remains uncertain.

Thiel reminisced, "I met them on the beach in Anguilla in February of 2000. We were initiating a revolution against central banks... We intended to make PayPal compatible with E-Gold and overthrow all central banks."

E-Gold came to an end in 2007 when the US Justice Department shut down the project and arrested its founders for unregistered money transmission. The fallout and forfeitures from E-Gold persisted for over seven more years.

The Financial Cryptography conference, a long-standing gathering for cypherpunks, could have offered abundant inspiration for Nakamoto's Bitcoin vision.

Researchers at the conference presented papers like "Electronic Cash Technology Will Denationalise Money" and "Efficient Electronic Cash with Restricted Privacy."

Thiel posits that Satoshi must have gleaned insights from E-Cash, such as circumventing formal organizational structures and adopting MIT's Open Source Licence for Bitcoin.

Thiel was a member of the 'PayPal Mafia' that formed in the early 2000s, consisting of FinTech start-up entrepreneurs who accumulated significant wealth through dot-com startups and IPOs.

Prominent individuals included Elon Musk, X.com founder and early supporter of Bitcoin and Dogecoin, and Balaji Srinivasan, former Coinbase CTO and General Partner at Andreessen Horowitz (a16z).

Srinivasan has recently attracted attention for wagering that Bitcoin will reach $1 million due to potential US hyperinflation, although some suggest this might be a publicity stunt.

Longtime friends Srinivasan and Thiel share a mutual disdain for the US Banking System and an interest in Seasteading. Both contend that Bitcoin requires a sovereign nation to avoid regulation.

Thiel's Founders Fund astutely relocated billions of dollars from SVB mere days before its catastrophic bank run in an attempt to avoid the crisis.

While some dismiss Thiel's assertions, others highlight reports of him selling his Bitcoin holdings. Regardless of his current involvement in cryptocurrency, Thiel undeniably played a part in the early Financial Cryptography community and continues to criticize banks.

At the 2022 Bitcoin Miami conference, Thiel publicly demonstrated his distrust of the US dollar by tearing up $100 bills while berating the banking system.

Read more from the original source:

New Report Suggests Billionaire Peter Thiel is Connected to Bitcoin ... - Cryptonews

In 2009,Satoshi Nakamotofounded the cryptocurrency Bitcoin BTC/USD.Here's alook back at the pseudonymous creator and the price history of the leading cryptocurrency.

What Happened: In October 2008,Nakamotopublished a whitepaper titled Bitcoin: A Peer-to-Peer Electronic Cash System. It provided many key details and explained why Bitcoin was being created.

In January 2009, Nakamoto mined thegenesis block of Bitcoin, and the first 50 Bitcoins were mined.

When Bitcoin was released, there were only two ways to get the cryptocurrency: You could either mine theBitcoin yourself or usea peer-to-peer transaction. Bitcointalk, a forum created by Nakamoto tohost discussions on Bitcoin,was used for several transactions, which were deemed risky at the time becausethey required trust from both parties that were mostly anonymous.

In October 2009, one of the first ever recognized Bitcoin transactions happened whena Finnish computer science student sold5,050 Bitcoin for $5.02 (which representeda value of $0.0009 for each Bitcoin), according toForbes. The transaction took place on PayPal PYPL.

Less than ayear later, in May 2010, one of the most famous Bitcoin transactions of all-time and what is widely believed to be the first retail transaction took place when programmer Laszlo Hanyecz sought out a person to buy him pizza in exchange for Bitcoin. Aperson in England subsequently spentaround $41 to buy Papa Johns PZZA pizza in exchange for 10,000 Bitcoin.

Ill pay 10,000 bitcoins for a couple of pizzas, like maybe 2 large ones so I have some left over the next day, Hanyecz said in the infamousonline post.

Now known as Bitcoin Pizza Day, May 22 pays tribute to the day of that veryfamous Bitcoin transaction. At the time, Bitcoin had a value of around $0.0041.

It wasn't until 2011 and after the launch of several major crypto exchanges that the cryptocurrencyhit a price of $1.

Related Link: How To Buy Bitcoin

Investing $1,000 in Bitcoin: Using the early transactions referenced above, a hypothetical investment in Bitcoin in the early days could have provided quite the return for its holder, or in this case a hodler.

A $1,000 investment in Bitcoin at the time of the first transaction on PayPal would have netted1,111,111.11 Bitcoin, even though that amount of cryptocurrency probably wouldn't have been available due to mining constraints.That$1,000 investment would be worth $30,949,777,746.80 today based on a price of $27,854.80 for Bitcoin at the time of writing.

In contrast, a$1,000 investment in Bitcoin at the time of the Bitcoin-pizza transaction would have netted 243,902.44 BTC. That investment would be worth $6,793,853,685.71 today based on the sameprice of $27,854.80 at the time of writing.

Read Next: 13 Fun Facts You May Not Know About Bitcoin

Read more:

If You Invested $1000 In Bitcoin When It Launched, Here's How ... - Benzinga

The initial generation of blockchain is called Blockchain 1.0 which was a simple form of decentralized ledger. The first generation of blockchain relies on the Proof-of-Work (PoW) consensus mechanism and helps in making digital transactions while storing transaction details across several nodes (computers) on the blockchain. This first generation includes cryptocurrencies like Bitcoin, Dogecoin, and Litecoin, etc.

This decentralized financial (DeFi) system was successful and served as the base for other cryptocurrency projects. Dogecoin and Litecoin are two early forks of Bitcoin. They simply changed the logo and hash function (it is a cryptographic algorithm that converts any digital data into an output string with a fixed number of characters) from SHA256 to a more memory efficient scrypt algorithm.

The main motive of the first generation was to replace or improve the existing traditional financial systems. Instead of relying on third parties, users could directly transfer funds by paying a small amount as transaction fees (or gas fees). The network is a decentralized system, without any central authority, and helps in keeping the network transparent.

Bitcoin also played an essential role in the development of cryptocurrency exchanges like Coinbase, Kraken and Binance, apart from processing transactions on the digital network. The developer of Bitcoin is Satoshi Nakamoto, who brought this revolutionary technology to replace financial systems. Blockchain was set up on a shared public ledger that supported Bitcoin.

However, the first generation was only limited to simple trading and it was difficult to add terms and conditions to the transaction. The second generation of cryptocurrency, Ethereum, addressed this problem by introducing the concept of smart contracts. Smart contracts make transactions more safe and secure, and function in an organized manner. Smart contracts are actually protocols for automated transactions that are stored on a blockchain. The contract is triggered after a certain condition is met. This innovative technology helps in faster payments, is more secure and less expensive.

Ethereum turned out to be a game-changer against Bitcoin, as it is based on Javascript codes and provides a much wider range of functionalities. Ethereum was created by Vitaly Dmitrievich Buterin, popularly known as Vitalik Buterin. The Ethereum blockchain supports the creation of decentralized applications (dApps) and smart contracts that enable trust agreements to be safely processed.

Ethereum has created a trustless way to transact through smart contracts and has expanded its support to the development of several NFT projects. One key feature is that it offers a complete programming language named Solidity, which can be used by developers to create and deploy their own dApp. Ethereum has also allowed developers to launch their own cryptocurrency projects, creating an entire digital ecosystem.

Previously, Ethereum had a PoW consensus mechanism which required intensive computational energy to validate transactions. In September 2022, Ethereum officially shifted to Proof-of-Stake (PoS) consensus because its less energy intensive. Ethereum is set to launch the Shanghai upgrade on 12th April, 2023, to give users access to their staked ether funds for the very first time.

Cryptocurrencies were initially developed to make transactions faster, secure and transparent on the blockchain.

Andrew is a blockchain developer who developed his interest in cryptocurrencies while his post-graduation. He is a keen observer of details and shares his passion for writing along with being a developer. His backend knowledge about blockchain helps him give a unique perspective to his writing

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The Differences Between 1st and 2nd Generation Cryptocurrencies - The Coin Republic