Changpeng Zhao, founder of the world's largest cryptocurrency exchange Binance, could be sentenced to three years in prison after US prosecutors argued for a harsher sentence due to the severity of his crimes. Zhao, also known by his initials CZ…
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DAO Maker, a cryptocurrency fundraising platform, is facing renewed scrutiny over its handling of a 2021 hack that left investors millions out of pocket. Despite initial assurances of compensation, victims say they've been left empty-handed, rai…
Streaming giant X is poised to take a major step towards platform accessibility with the reported launch of a dedicated television application. This move signifies a significant shift for the company, traditionally focused on mobile and web-based co…
The United Arab Emirates (UAE) is rapidly becoming a leader in cryptocurrency adoption within the Middle East, according to a recent report by Bitget Research. The report highlights a surge of 166% in the average daily number of crypto traders acros…
Ethereum, the world's second-largest cryptocurrency by market capitalization, has exhibited signs of potential recovery after a slump in the past two years. The token's price has displayed a recent uptick, buoyed by a surge in network activi…
Password manager LastPass finds itself entangled in a deceptive scheme by cybercriminals. Perpetrators are impersonating LastPass staff to infiltrate user accounts, a tactic raising concerns about multi-factor authentication's (MFA) effectivenes…
The once steady heartbeat of commuting crowds and bustling business districts has become a faint murmur in major cities across the globe. The widespread shift to remote work, spurred by the pandemic, is now triggering a wave of economic and social t…
A Nigerian court has postponed the tax evasion trial involving cryptocurrency giant Binance until May 17th. This delay stems from a procedural hurdle: Binance has not been formally served with the charges. The Nigerian Federal Inland Revenue Service…
In a move designed to lure investors seeking lower costs, cryptocurrency giant Grayscale Investments unveiled plans for a new exchange-traded fund (ETF) – the Bitcoin Mini Trust – boasting the lowest expense ratio of any Bitcoin ETF currently availa…
The burgeoning realm of interconnected devices, the Internet of Things (IoT), and the rise of artificial intelligence (AI) are revolutionizing how we live and work. However, this newfound connectivity presents a double-edged sword for data security.…
An explosion ripped through a base belonging to the Popular Mobilization Forces (PMF), an Iran-backed paramilitary group, in southern Iraq on Saturday, leaving one dead and eight injured. The cause of the blast at the Kalsu military base, located ro…
The much-anticipated Bitcoin halving event, which cuts the number of new bitcoins miners receive in half, has come and gone, leaving some enthusiasts disappointed by the lack of an immediate price surge. Analysts, however, remain divided on the long…
Buckling up for a new era of transportation, Boeing is setting its sights on Asian skies. The aviation giant reportedly plans to launch its flying car business in the region by 2030, aiming to alleviate traffic woes in megacities with electric verti…
Tech giant Google terminated the employment of 28 staff members following a protest that disrupted operations at their offices in Sunnyvale, California and New York City. The demonstration, which involved a prolonged sit-in, stemmed from employee di…
The Saudi Arabian petrochemical industry, a linchpin of the kingdom's economic diversification plans, is confronting a confluence of headwinds in 2024. A sluggish global economy, coupled with a projected growth rate of less than 2%, is dampening…
The Bitcoin network is hurtling towards a pivotal moment – the fourth ever Bitcoin halving. This pre-programmed event, expected to occur within the next 48 hours, will see the block reward for miners slashed in half, from 6.25 bitcoins to 3.125 bitc…
Global cryptocurrency exchange Binance is reportedly seeking to re-enter the Indian market, according to a report by The Economic Times. This move comes after the exchange exited the Indian market in 2021 following a regulatory crackdown on cryptocu…
In a move aimed at bolstering the reliability of its emergency reserves, cryptocurrency exchange giant Binance announced today the conversion of its entire Secure Asset Fund for Users (SAFU) into USDC. Previously, the SAFU fund held a combination of…