Coinbase, a significant player in the cryptocurrency arena, has recently released a research report that paints a hopeful picture for the crypto market as we head into the latter part of the year. Despite the market turbulence experienced in recent times, the analysis suggests that a number of elements might lead to a positive upswing for digital currencies in the
The decentralized exchange platform FixedFloat has experienced yet another blow to its reputation and operations as it falls victim to another security breach. In what appears to be a sophisticated cyberattack, the platform has reportedly lost approximately $2.8 million. This sum was siphoned off from its hot wallet, which operated on the Ethereum chain. The hack was executed with precision
The UK and the US have jointly taken a historic step for AI’s future by signing a significant Memorandum of Understanding. The UK’s Technology Secretary, Michelle Donelan, along with US Commerce Secretary, Gina Raimondo, have agreed to pioneer AI safety measures. This partnership reflects the evolution of the “special relationship,” building upon the security collaboration akin to that of GCHQ
Gomble Games is pioneering the fusion of blockchain technology with casual gaming, setting itself apart in an age where technology reshapes entertainment. This forward-thinking approach uniquely blends the ease of casual games with the economic potential offered by Web3 technologies. As the intersection between digital economies and conventional gaming grows more intertwined, Gomble positions itself as a leader in this
Secure access service edge, or SASE, is swiftly becoming essential in the network security strategies of contemporary businesses. Merging network and security functions into a unified cloud-native service, SASE offers notable advantages like efficient management and enhanced access controls. To effectively implement a SASE framework, companies need to follow a well-thought-out plan. Key steps include evaluating current network and security
The debate over meme coins is highlighting a pivotal point for the blockchain community—a balance between the technology’s foundational ideals and its societal duties. These discussions, fueled by events such as the controversies at the BUIDL Asia conference in Seoul, have revealed deep divides among blockchain enthusiasts. At the heart of the matter is whether adherence to regulatory standards is
After a brief pause for Easter, US financial markets are back up and running, while their European and Asian counterparts extend the holiday break. This reopening is not a quiet one, as a slew of economic reports await investors who are eager to understand the implications for Federal Reserve policy. At the heart of this week’s scrutiny is a series
In an age where digital infrastructures have become the backbone of global business operations, World Cloud Security Day 2024 stands as an emblematic event prompting a profound dialogue on the safeguards governing our ethereal data realms. As organizations increasingly migrate to the cloud, reaping its myriad benefits of flexibility, scalability, and cost-effectiveness, the flip side of this technological boon surfaces—vulnerabilities
Johan Nord’s appointment as CRO at Montonio symbolizes a crucial step for the firm’s growth agenda. Nord, with his seasoned background from Trustly, is well-versed in amplifying revenues within the digital payment sphere, particularly in the diverse European financial sector. His role arrives at a pivotal juncture as Montonio seeks to intensify its reach and forge strategic alliances within regional
The fintech industry is transforming the management and conceptualization of finances globally. Central to this shift are innovative global payment solutions, which enable swift, secure, and often less expensive international transactions than traditional banks. Such advancements in financial technology not only streamline processes but also play a significant role in shaping the economic environment. They increase financial accessibility and stimulate
The crypto sector has begun 2024 on more stable ground, with financial losses from industry hacks and scams falling by 23% in Q1 compared to the same period in 2023, according to cybersecurity firm Immunefi. Losses totaled $336.3 million, down from $437.5 million the previous year, signaling that enhanced security measures may be taking effect. Despite this improvement, the industry
Diving into the world of Decentralized Finance (DeFi) can be overwhelming, with a vast array of protocols and blockchains to navigate. This complexity can intimidate even the keenest crypto investors, given the sharp learning curve associated with mastering various DeFi strategies. Velvet Capital is set to change this by offering an asset management platform that simplifies DeFi investment. The platform’s
