A hacker claiming to be the mastermind behind one of the largest cryptocurrency heists in history claims the theft did for fun. The malware, which targeted a decentralized banking network called Poly Network, resulted in more than $600 million in cryptocurrency. Decentralized finance is a rapidly expanding area of the cryptocurrency business that aspires to …
More than $600 million was stolen by theft in one of the largest cryptocurrency thefts in history. Hackers exploited a flaw in Poly Network, a platform aimed at connecting different blockchains so that they can collaborate. Poly Network announced the attack on Twitter, requesting communication with the hackers and requesting that the hacked assets return. …
On Monday, Apple defended its new method for scanning iCloud for illicit child sexual abuse materials, or CSAM, amid a debate over whether the technique diminishes Apple user privacy. Apple announced last week that it begun testing a technique that uses sophisticated cryptography to detect when users upload known child pornography collections to its cloud …
Shares of food delivery company Deliveroo rose more than 10% on Monday after announcing that enormous German rival Delivery Hero had purchased a 5.09 per cent interest in the company. On Monday, the company’s stock rose from £3.36 ($4.66) per share to £3.60 per share in early trading on the London Stock Exchange, marking its …
A code change Ethereum Improvement Proposal 3554, or EIP-3554 for short, is hidden in Ethereum’s major software overhaul. It has the potential to precipitate the demise of ethereum mining as we know it. Since its inception, the ethereum community has talked about changing the method it mints ether, the asset associated with the ethereum blockchain. …
Twitter may have discontinued its Fleets Stories feature, but the Stories format will continue to spread across other social sites. TikTok announced that it is testing a new tool called TikTok Stories. This new feature will allow it to explore new methods for its users to bring their creative ideas to life. The firm emphasizes …
According to a Moody’s analyst, it’s a question of national security” for more countries to develop their semiconductor chips, which are in limited supply globally. Memory chips are essential in the manufacture of a wide range of items. They can find in cellphones, gaming consoles like the PlayStation 5, household appliances such as refrigerators and …
After decades of dominance by the United States and Japan in the gaming industry, China’s influence is expanding as its tech behemoths acquire gaming companies worldwide. As a result, several experts believe video games will appear different in the following years. European game firms will try to influence or utilize their rounds to promote Chinese …
As businesses worldwide begin to accept bitcoins as a form of payment, it appears that e-commerce behemoth Amazon is exploring it as well. That is, according to a new job posting on the company’s official website. Amazon is looking for a competent individual to fill the Digital Currency and Blockchain Product Lead role, even though …
Amazon is looking for a digital currency payment lead Read More »
“We have conducted a thorough investigation, after an internal petition accused the corporation of having an underlying culture of pervasive discrimination, bullying, and bigotry towards women and under-represented groups,” Amazon stated. The Washington Post obtained a copy of the petition, which states that Amazon’s mechanisms for investigating discrimination claims are not fair, objective, or transparent. …
On Wednesday, American medical devices, pharmaceuticals, and consumer packaged goods developer Johnson & Johnson raised its 2021 revenue estimates and forecast. The firm announced that it would sell $2.5 billion worth of its coronavirus vaccine in 2021. As we know, Johnson and Johnson strives to quell production and safety problems and catch up with competitors …
J&J raised revenue estimate to $2.5b in vaccine sales Read More »
According to research published on Sunday by Amnesty International, Apple iPhones can hack. Their sensitive data steal using hacking software that does not require the user to click on a link. Amnesty International reported that iPhones belonging to journalists and human rights attorneys infected with NSO Group’s Pegasus virus give the attacker access to the …
The Asian giant, Japan, kept the overall assessment of its economy intact for a second straight month in July. Remarkably, that is retaining the view that conditions remain severe due to the impact of the COVID-19 pandemic. A monthly report, which was approved by Prime Minister Yoshihide Suga’s cabinet on July 19, revealed that the …
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Customers can now pay $199 per month to subscribe to Tesla’s premium driver assistance package rather than spending $10,000 upfront. The driver assistance technology, dubbed Full Self-Driving Capability (or FSD), does not make Tesla’s electric vehicles safe to drive without an attentive driver behind the wheel. A monthly subscription for full self-driving functionality is now …
The Bank of England is concerned about the growing influence of cloud computing in finance. The bank of England has called for new rules to govern the use of services such as Amazon (AMZN) Web Services and Microsoft (MSFT) Azure in industries such as banking and insurance. The central bank identified the rise of cloud …
Bank of England eyes power of Amazon and Microsoft Read More »
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