Respect can be a rare commodity online, depending on what Twitter threads or Facebook groups you are in. But the word was used firmly by the UK government last month when it said it would resist attempts to water down its proposed powers over the internet.<\/p>\n
The mannered language belies a legislative wolf in sheep\u2019s clothing, say critics of the online safety bill. This much-contested legislation<\/a> returns to parliament on 12 July, and MPs made it clear this week that they think the culture secretary will have too much power over the internet as it stands.<\/p>\n The so-called \u201ccrypto queen\u201d Ruja Ignatova has been added to the FBI\u2019s ten most wanted list<\/a>.<\/p>\n Non-fungible tokens became a $40bn (\u00a333bn) market out of nothing last year and have already exceeded that total only halfway through 2022. But sales have slumped<\/a> to a 12-month low, in line with the wider collapse of the cryptocurrency market, according to crypto research firm Chainalysis. Collections such as the Bored Ape Yacht Club have held up well, but it doesn\u2019t look good for NFT offerings below that level.<\/p>\n The cryptocurrency slump has had an even deeper impact on black investors in the US, the Financial Times reports (\u00a3)<\/a>. \u201cBlack Americans\u2019 higher exposure to cryptocurrencies has left them more vulnerable to the financial downturn.\u201d<\/p>\n Soaring prices, supply chain problems and years-long wait times: the many problems<\/a> facing the electric car market. \u201cDemand will likely far outweigh supply for at least the next few years,\u201d reports Nick Bilton of Vanity Fair.<\/p>\n TikTok is reportedly abandoning plans to expand its ecommerce initiative<\/a>, saying: \u201cThe market just isn\u2019t there yet\u201d.<\/p>\n By the end of August, UK subscribers to Amazon Prime will be able to leave with just two simple clicks<\/a>.<\/p>\n The families of two girls in the US who allegedly died as a result of a viral TikTok challenge<\/a> have sued the platform. \u201cTikTok needs to be held accountable for pushing deadly content to these two young girls,\u201d said Matthew P Bergman, the attorney representing the families.<\/p>\n
![](\"https:\/\/i.guim.co.uk\/img\/media\/7df8a0606dd6a4f9ba2ff709d7890878fdef2af7\/0_0_3500_2100\/master\/3500.jpg?width=140&quality=85&auto=format&fit=max&s=979583d001d6ed113cc44925afe9e65c\" "\\"Scammers")
The much-contested legislation is about to get its day in parliament \u2013 but MPs are still fighting over who gets control