Estonia Financial News

how to keep artificial intelligence safe from rogue actors, pushing for companies to create AI systems that are "secure by design." In a 20-page document unveiled Sunday, the 18 countries agreed that companies designing and using AI need to develop and deploy it in a way that keeps customers and the wider public safe from misuse. The agreement is non-binding and carries mostly general recommendations such as monitoring AI systems for abuse, protecting data from tampering and vetting software suppliers.

Estonia’s ruling Reform Party has reelected Prime Minister Kaja Kallas as its chairperson and confirmed her staying on as the Baltic nation's leader

The company behind Atomic Wallet has asked a United States court to dismiss a class action suit seeking damages from a $100-million hack, arguing the claims should’ve been filed in Estonia, where it’s based.

The parent company of Atomic Wallet, a popular cryptocurrency wallet, has filed a motion in a United States court seeking the dismissal of a class action lawsuit. 

Nordic Baltic Eight (NB8) is a regional cooperation format that includes Denmark, Estonia, Finland, Iceland, Latvia, Lithuania, Norway and Sweden. The NB8 is an innovation and technological powerhouse, while India, with its increasingly strong focus on technology, offers immense opportunities for partnerships.

Netflix enthusiasts who chuckled their way through the debut season of 'Fisk,' the Australian comedy that premiered globally on August 1, 2023, are in for a treat. The highly anticipated Season 2 is poised to hit Netflix screens in December 2023, offering another dose of legal humor and witty banter for select regions.

Estonia’s Prime Minister Kaja Kallas is signaling that she's willing to put her name forward for NATO’s top job when it falls vacant next year

European cryptocurrency banking platform Bitwala, formerly known as Nuri, is coming back after ceasing operations and returning customer funds last year.

Rain Lõhmus, founder of Estonia-based LHV Bank, has lost the private key to his crypto stash consisting of 250,000 ETH, worth approximately $470 million.

The founder of Estonia-based LHV Bank, Rain Lõhmus, has been revealed as the owner of a massive 250,000 Ether (ETH) stash bought during the Ethereum ICO, which is now worth an eye-watering $470 million. 

Estonia's government says it will allow Taiwan to open a nondiplomatic representative office of Taipei in the Baltic country to boost economic and cultural ties with the self-governing island

BRUSSELS (Reuters) — Euro zone economic growth was weaker than expected in the third quarter, a flash estimate showed on Tuesday, with gross domestic product contracting slightly quarter-on-quarter and the year-on-year growth rate slowing sharply.

Tether, the preeminent stablecoin firm globally, has once again exemplified its resolve against illicit financial activities by freezing 32 cryptocurrency addresses, implicated in terrorism and warfare funding within Israel and Ukraine. The move showcases the intensifying collaboration between cryptocurrency establishments and global law enforcement to counteract the rising tide of digital-financed crime.

Romanian Air Force after thundering through the sky above the Fetesti air base, as NATO bolsters its military presence in member country Romania, bordering Ukraine. Following Russia's invasion of Ukraine in February 2022, NATO has stepped up its efforts to boost the alliance's southeastern flank defences by sending additional battlegroups to the region. NATO has also intensified its joint drills along the defence bloc's wider eastern flank — which encompasses eight member countries — spanning from Estonia and Latvia bordering Russia in the east to Romania and Bulgaria on the Black Sea. The most recent joint exercise in the region — held between October 16 to 20 — for the first time brought together French and Romanian airmen and their planes.

By Gabriela Baczynska and Jan Strupczewski

Finnish investigators say they believe an anchor of a Chinese container ship was dislodged and caused the damage to the undersea Balticconnector gas pipeline between Finland and Estonia on the Baltic Sea earlier this month

By Nerijus Adomaitis

COPENHAGEN (Reuters) — Nordic and Baltic seismologists said that they had detected blast-like waves on Sunday when a Baltic Sea gas pipeline ruptured but that the data was not strong enough to determine whether explosives were involved.

Finnish police say they have launched a criminal investigation into possible sabotage of an undersea gas pipeline between Finland and Estonia that was shut down over the weekend following a leak

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By Anne Kauranen and Terje Solsvik