📱 Apple Unveils New iPhone 16e

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Hey Waivly Crew! 🌊 In today’s edition, we’ve got a variety of topics to explore.

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Here’s what’s on the horizon today:

• Apple launches iPhone 16e and ditches home button

• Instagram adds DM scheduling, pinning, and music sharing

• Binance faces $81.5 billion lawsuit from Nigerian government

• Trump credits Bitcoin’s record highs to his pro-crypto stance

Let’s dive in!

STORIES MAKING A SPLASH

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Apple launches iPhone 16e and ditches home button

Apple’s latest launch, the iPhone 16E, marks the end of the home button era. With a starting price of $599, this new model ditches Touch ID and introduces a Face ID-enabled notch, powered by the latest A18 chip and Apple Intelligence. The 16E takes design cues from the iPhone 14, offering a sleek 6.06-inch OLED display and a modernized look without the Dynamic Island.

The 16E features a customizable Action Button, swaps Lightning for USB-C, and supports Qi wireless charging at 7.5W. However, it lacks MagSafe and fast wireless charging. It doesn’t have the new Camera Control found in the iPhone 16 series, but it does bring cutting-edge AI capabilities.

Preorders start Friday, and the phone ships on February 28th. At $599, it offers 128GB storage as the baseline, significantly up from the $429 iPhone SE in 2022. Despite the price hike, the 16E offers more storage and a refreshed design, making it a compelling option.

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Instagram adds DM scheduling, pinning, and music sharing

Instagram is rolling out a set of new messaging tools designed to compete with rivals like iMessage and other third-party platforms. A key feature is music-sharing, allowing users to send 30-second song clips in DMs or group chats. To share music, simply tap the "Music" sticker and choose from Instagram’s audio library, though only available tracks can be shared.

Another notable addition is a translation tool supporting 99 languages. Users can easily translate messages by holding and tapping "Translate," with the translated text appearing right below the original message for seamless communication.

Instagram also introduces the ability to pin up to three messages, images, or Reels in conversations, schedule messages up to 29 days ahead, and invite people to group chats via QR codes. These updates are rolling out now for iOS and Android users worldwide.

WEB3 SPECIAL

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Binance faces $81.5 billion lawsuit from Nigerian government

Nigeria is suing Binance for $81.5 billion, claiming $2 billion in back taxes and $79 billion in economic damages for allegedly destabilizing the Nigerian naira. The Federal Inland Revenue Service (FIRS) accuses Binance of having a significant economic presence in Nigeria and failing to pay taxes for 2022 and 2023. They also demand a 26.75% interest on the unpaid taxes.

In February 2024, Nigerian authorities detained Binance executives Tigran Gambaryan and Nadeem Anjarwalla during a routine meeting, accusing them of tax fraud and money laundering. The government later dropped the charges but halted naira trading on Binance in response to the currency’s instability.

U.S. diplomats pressured Nigeria to release Gambaryan, highlighting his health issues while in custody. After months of legal battles, Gambaryan was freed in October 2024, marking the end of a complicated saga.

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Trump credits Bitcoin’s record highs to his pro-crypto stance

At the Future Investment Initiative conference in Miami, U.S. President Donald Trump attributed Bitcoin’s record highs to his commitment to making America the "crypto capital." He emphasized his efforts to keep the U.S. at the forefront of cryptocurrency, with Miami emerging as a hub for crypto activity.

Bitcoin reached an all-time high of over $108,000 earlier this year, currently hovering near $96,700. Trump has long supported digital assets, appointing crypto-friendly leaders like Paul Atkins to head the SEC and launching the TRUMP memecoin with his wife, Melania.

Trump also highlighted his executive order to strengthen U.S. leadership in digital financial technology, which includes creating a regulatory framework and banning central bank digital currencies. He framed this as part of his broader push to protect Bitcoin and other crypto innovations from government restrictions.

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THE WAVES

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