News Stories

The Bahamas to launch its national Cryptocurrency, the Sand Dollar, in October 

The Caribbean archipelago of the Bahamas is well known for its beautiful beaches, but now the country is vying for the top...

Ripple CEO speaks out against India’s plans to ban cryptocurrency trading

Brad Garlinghouse, CEO of Ripple, a company behind XRP, voiced his disappointment with India's plan to ban cryptocurrency trading. In a tweet,...

Tencent Analysts: Nascent malware MrbMiner is infecting Microsoft SQL servers

A new malware has been prowling the web in the past few months and has infected several Microsoft SQL servers using harmful...

Thai Central Bank uses blockchain to issue digital bonds

Thai Central Bank, the Bank of Thailand, recently finished issuing government-backed digital bonds using blockchain technology to reduce costs of operation and...

NY attorney general asks Dunkin’ Donuts to upgrade Cybersecurity, pay $650,000 fine

Dunkin’ Donuts parent company faced legal action from the attorney general of New York, Letitia James, who penalised them $650,000 for lax...

Nikola faces DoJ and SEC investigation amid allegations of misleading investors

Arizona-based EV-maker Nikola Corp. is under investigation from the Securities and Exchange Commission and the Department of Justice into claims that the...

India plans to curb Cryptocurrency trading with new legislation

The Indian government is seeking to pass legislation which would ban cryptocurrency trading in the country. A new bill is reportedly in...

Apple Event 2020: AirTags could be the disruptive dark horse this year

2020 has been a year of ups and downs for everyone in the tech sector, and Apple Inc. is no exception. The...

Binance faces flak from Fisco over money laundering allegations

According to a legal document published by the California Northern District Court, Fisco Cryptocurrency Exchange filed a complaint against Binance Holdings on...

Klarna becomes Europe’s highest valued fintech at $10.6b after latest investment round

Swedish banking and payments institution Klarna claimed the spot of the highest valued fintech in Europe after a humongous funding round led...

More than 600 organizations become victim of Ransomware attacks, report says

Where there is the internet, there is the possibility of data leaks. This statement stands true today, with the advent of Ransomware...

ImmuniWeb: 97% of Cybersecurity firms face data leaks on Dark Web

Research by global IT security company ImmuniWeb showed that 97% of cybersecurity firms had faced data leaks on the Dark Web and...

Razer fintech teams up with Franklin Templeton to make digital wealth management platform

With a spotlight on youth and millennials, two large fintech companies have come together to develop a digital wealth management platform. Razer...

Switzerland passes Blockchain Act reform

Switzerland’s senate passed the ‘Blockchain Act’ on September 10. The legislation sailed through the House of Representatives unopposed but underwent reforms in...

Twitter boss Jack Dorsey takes a stand against online Crypto patent trolling

Jack Dorsey, founder of Twitter and head of financial services company Square has created a platform to increase accessibility to blockchain tech....

Thai Insurtech Sunday raises $9m from SCB 10X VC fund

Thai Insurtech company Sunday has raised $9m in a pre-Series B investment round from SCB 10X, which is the venture capital arm...

Leaked: EU to work on new financial watchdog for digital currencies 

The European Union (EU) is the first regional block all set to pioneer digital currency use. According to a leak posted online,...

Mastercard creates CBDC testing platform for all financial institutions

World leader in payments, Mastercard, has unveiled a brand new testing structure for CBDCs across the globe. With hordes of financial institutions...

NetWalker hits Karachi electricity company, hampers services

K-Electric, the company in charge of providing electricity to Karachi, Pakistan, faced a cyberattack this week. This attack involved NetWalker, for-hire ransomware,...

Cybersecurity provider Cygilant becomes victim of ransomware attack

Cygilant, a cybersecurity threat management company, was the latest victim of a ransomware attack. The attack reportedly involved a malware named 'NetWalker,'...

PSA-Total duo all set to pilot ‘Airbus Battery Project’ in Europe

The Airbus project is an effort to bring the E.V. battery market to Europe. It is backed by France, Germany, and the...

Bitcoin scam continues, Indian PM Narendra Modi is the latest victim

Indian Prime Minister Narenda Modi's website was the latest victim of a Twitter hack by Bitcoin scammers. PM Modi's personal website "narendramodi.in"...

Huawei shifts focus to Russia and Cloud Tech post-ban in US

Chinese electronics manufacturer Huawei faced a giant setback in 2019 when the US put the company on its 'Entity List.' This is...

Made-in-China Tesla Model Y is spotted on highway as production wraps up in Giga Shanghai

Tesla Motors all set to launch the made-in-China (MIC) version of the country's Model Y in Q1 2021. However, a test model...

Remitly sees more than 200% growth in its mobile wallet usage in 2020

Seattle-based fintech startup Remitly, which focuses on remittances by immigrants, recently saw a 200% growth in its mobile wallet usage in 2020...

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