Technology Financial News

08.01 / 20:17

Technology CES Ukraine war: Kyiv aid 'money laundering scheme', Christmas truce fails, Ukrainians honour war dead

Western aid to Ukraine is a "scheme for laundering money", the leader of Russia's Chechen Republic said on Sunday.

08.01 / 19:15

Technology Health CES Turkey 'wants things we can't give them', says NATO hopeful Sweden

Turkey has demands that NATO hopeful Sweden cannot -- and does not -- want to meet, said the Swedish Prime Minister on Sunday.

08.01 / 15:41

Technology CES Fighting rages on in eastern Ukraine despite Putin's 36-hour ceasefire order

There was no respite in Ukraine over the weekend, as some artillery exchanges continued in eastern Ukraine. That's despite Russian President Vladimir Putin calling for a ceasefire to mark the Orthodox celebration of Christmas.

07.01 / 19:15

Technology CES Why is Portugal's government in crisis?

When Carla Alves took office as Secretary of State for Agriculture on Wednesday, little did she know that, a mere 25 hours later, she would be out of a job.

07.01 / 19:15

Technology CES In pictures: Europe's snowless ski resorts

Winter resorts are fearing for their future, as unseasonal mild weather has left many regions of Europe snow-free.

07.01 / 17:27

Technology Adoption Gaming Immutable OpenAI will lead to better art and narration in Web3 games — Immutable exec

The creation of smart contracts and Web3 interfaces has led to an entirely new play-to-earn or nonfungible token (NFT) genre of video games. But during the 2021 crypto bull market and subsequent crash of 2022, many of the games in this niche went through incredible ups and downs in terms of player count and transaction volume.

07.01 / 17:17

Technology CES Ukraine war: Zelenskyy hails US aid, Abramovich wealth 'reorganisation', Orthodox Christmas

Ukraine's president praised the US on Friday for promising to supply it with tank-killing armoured vehicles, as part of a new multibillion-dollar package of military aid.

07.01 / 14:13

Technology CES Record food prices in 2022 due to Ukraine war and drought

Food prices hit record highs in 2022 due to the outbreak of war in Ukraine and droughts linked to climate change.

07.01 / 13:01

Technology CES Iran hangs two more men amid anti-government protests

Iran said it executed two men on Saturday, amid anti-government protests sparked by the death of a 22-year-old Kurdish woman.

07.01 / 09:41

Technology US Republican Kevin McCarthy elected as House Speaker after 15 rounds of voting

After 15 excruciating rounds of voting, Kevin McCarthy has finally been named as the House Speaker of the US Representatives.

06.01 / 23:45

Government Technology Adoption Bitcoin Strategy El Salvador’s Bitcoin strategy evolved with the bear market in 2022

Cryptocurrency adoption has been on the rise in El Salvador in recent years, with the country becoming the first in the world to adopt Bitcoin (BTC) as a legal tender. This landmark decision has attracted the attention of the global cryptocurrency community and has sparked discussions on the potential benefits and challenges of widespread adoption.

06.01 / 20:05

business Blockchain Technology banking Marathon Marathon Digital experiments with overclocking to increase competitive advantage

One of the largest Bitcoin mining operations in North America, Marathon Digital Holdings, has shared in an update that it has been experimenting with overclocking to increase its competitive advantage in the Bitcoin mining industry.

06.01 / 04:27

Technology cryptocurrency Rocky Crypto firms off to rocky start in 2023 with outflows, layoffs and a lawsuit

The crypto industry's woes continued on Thursday as plunging deposits, layoffs and a lawsuit added to the tumult of 2022, which was dominated by sinking prices and high-profile bankruptcies.

06.01 / 00:31

business Blockchain Technology Defi Security DeFi security losses rose 47.4% in 2022 to hit $3.64B: Report

According to a Jan. 5 report published by Chinese blockchain security firm LianAn Technology, decentralized finance (DeFi) exploits across blockchains worldwide totaled $3.64 billion in 2022. This represented a rise of 47.4% compared with the loss of $2.44 billion in 2021. The incidents increased in quantity despite a steep 80% loss in the total value locked in DeFi during the year.

05.01 / 22:51

Blockchain Technology defi Quantum computers may soon breach blockchain cryptography: Report

According to a recent paper, Chinese researchers claimed to have discovered a novel method to break the Rivest–Shamir–Adleman 2048 bit (RSA-2048) signing algorithm present in blockchains and other security protocols. RSA is a cryptographic technique that utilizes a public key to encrypt information and a private key to decrypt them.

05.01 / 00:29

business Blockchain Technology Metaverse LG Electronics' latest partnership seeks to bring interoperable metaverse platforms to TVs

South Korean tech giant LG Electronics announced that it has teamed up with Oorbit, a cloud-based technology platform and PIXELYNX, a company building an integrated music, gaming, and Web3 ecosystem, to bring the metaverse directly into the living rooms of viewers.

05.01 / 00:11

business Blockchain Technology Cake DeFi reserves Cake DeFi publishes Merkle tree-based Proof of Reserves

Singapore-based decentralized finance (DeFi) services firm, Cake DeFi, has announced the release of its Proof of Reserves using the cryptographically-audited Merkle tree method.

04.01 / 20:03

business Technology Investments Trading Time How time-weighted average price can reduce the market impact of large trades

Time-weighted average price is an algorithmic trade execution strategy commonly used in traditional finance tools. The goal of the strategy is to produce an average execution price that is relatively close to the time-weighted average price (TWAP) for the period that the user specifies.

04.01 / 02:45

Blockchain Technology Law Adoption events Crypto adoption in 2022: What events moved the industry forward?

It’s no secret that the crypto market was gripped by bearish pressure for the entirety of 2022. However, amid all the volatility and chaos, many positive news stories appeared as well — especially regarding the global adoption of digital assets and crypto-related technologies in general.

04.01 / 02:07

Technology Adoption defi Internet Users need to go under the engine in Web3 — HashEx CEO

Hacking in Web3 is easy because it uses the same pattern that’s been used since the inception of the internet — pretending to be someone else.

02.01 / 09:55

business Technology Ethereum Vitalik Buterin highlights what he's bullish about for 2023

Ethereum co-founder Vitalik Buterin has shared some bullishness for the year ahead, including reaching a new milestone for rollup scaling as per the Ethereum roadmap.

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