The launch of Towns, a blockchain-powered messaging platform, on October 15, 2024, stands out against the backdrop of ongoing issues with privacy and content moderation on social media. Led by Ben Rubin, co-founder of Houseparty and Meerkat, Towns aims to establish a new standard for digital communication that prioritizes transparency, security, and decentralization. Rubin and his team are seeking to
The intertwining of artificial intelligence (AI) and ethical hacking is rapidly transforming the cybersecurity landscape. With cyber threats evolving at unprecedented speeds, ethical hackers are increasingly turning to AI tools to bolster their defenses and enhance their offensive capabilities. This development isn’t without its challenges, but the consensus is clear: AI is reshaping the way hackers operate. The Rise of
In a brazen cyber attack, the Rhysida ransomware group has targeted Axis Health System, a nonprofit healthcare organization based in Colorado, and is demanding a ransom of 25 Bitcoin, roughly $1.5 million, to prevent the release of sensitive data. Known for their ruthless tactics, Rhysida is employing a "double extortion" strategy, threatening not only to encrypt the stolen information but
A significant development in the fintech industry surfaced recently as Apex Fintech Solutions Inc. announced its acquisition of FinTron, a financial technology and design agency renowned for its advanced digital experiences crafted for investors and advisors. This acquisition marks a strategic initiative by Apex to enhance its digital investment solutions by incorporating FinTron’s customizable and intuitive technologies. This integration is
The decentralized perpetual futures DEX Hyperliquid is making waves in the DeFi space with its upcoming HYPE token launch and the debut of its Ethereum Virtual Machine (EVM) on the mainnet. These initiatives mark crucial steps toward enhancing the platform’s ecosystem, transitioning to a proof-of-stake consensus model, and offering improved liquidity and trading tools. With the launch of the HYPE
A critical security vulnerability in SolarWinds Web Help Desk (WHD) software, identified as CVE-2024-28987, has become a significant concern as it has been actively exploited by malicious actors. This flaw, which involves hard-coded credentials, enables unauthorized access, allowing attackers to modify sensitive data and help desk ticket details, earning it a severe CVSS score of 9.1. The breach allows unauthenticated
In an alarming development, the notorious Astaroth banking malware has reemerged in Brazil through a meticulously crafted spear-phishing campaign. This sophisticated operation targets various industries, predominantly large manufacturing companies, retail firms, and government agencies, by leveraging obfuscated JavaScript to bypass security defenses. The resurgence of this potent malware underscores the continuous evolution and adaptability of cyber threats, posing significant risks
Coronation Fund Managers have recently listed the Coronation Global Opportunities Equity Prescient Feeder Actively Managed Exchange Traded Fund (AMETF) on the Johannesburg Stock Exchange (JSE), marking a significant milestone for investors eyeing global markets. This ETF trades under the share code COGOE and offers on-market investors a unique opportunity to access a diversified portfolio managed by top global equity fund
Cybersecurity threats are increasingly becoming a growing concern for educational institutions globally, particularly as they transition to more digital and virtual operations. Among these threats, cyberattacks driven by nation-state actors are of significant alarm, targeting sensitive data housed within schools and universities. Recent reports highlight a surge in attacks primarily originating from countries like Iran and North Korea, adding a
The FinTech industry is undergoing a significant transformation, driven by strategic collaborations aimed at fostering sustainable investment solutions. This dynamic sector is witnessing unprecedented advancements, leveraging the strengths of diverse players to provide sophisticated data, analytics, and technology-driven insights. As ESG (Environmental, Social, and Governance) considerations become more integral to investment decision-making, the synergy between FinTech firms is pivotal in
Farther, a technology-driven financial advisory firm, recently made headlines by successfully closing a $72 million Series C funding round. The funding round was co-led by CapitalG—Alphabet’s independent growth fund—and Viewpoint Ventures, raising Farther’s post-money valuation to an impressive $542 million. The firm’s growth trajectory and strategic approach have attracted significant market confidence, signaling its potential to disrupt the wealth management
The first half of 2024 revealed intriguing dynamics in the Latin American FinTech investment scene, characterized by a significant decrease in deal volume but an impressive increase in total funding. This dual trend marks a strategic shift in investor behavior and underscores the evolving maturity of the sector amidst broader economic uncertainties. Overview of LATAM FinTech Investment Growth The LATAM
