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station dot com code tech news this is tech crunch

here's your daily crunch.

Crypt currency exchange coin base has decided to shelve its lend product that would have provided

yield to investors who stake their crypto assets.

Why? The U.S. regulatory body involved with such products views the creation as a security

and said that it would sue coin base if it launched the product.

Coinbase CEO Brian Armstrong publicly made the case that the SEC was being silly,

which didn't seem to help much.

Next, in the wake of Facebook's announced Ray-Ban camera glasses, the lead privacy regulator in Europe has raised concerns about the hardware.

At issue is the small light indicating that they are recording.

Perhaps a bigger light would be better. That or we may be in another cycle of glasshole discourse, which I am sure

we'd all rather avoid. And a new report from Pew Research finds that around a third of US adults continue to get their news regularly from Facebook,

though the exact percentage has slipped from 36% last year to 31% this year.

Pugh's study found that the drop reflects an overall slight decline in the number of Americans

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