ID.me, the Virginia-based digital identity network, has secured $132 million in a recent funding round led by Viking Global Investors. The investment brings the company’s total funding to $240 million, making it one of the most well-funded identity authentication platforms in the market. The funding round also received participation from other investors such as CapitalG, Morgan Stanley Counterpoint, FTV Capital,
Bitcoin Depot, a US-based Bitcoin ATM operator, has signed an agreement with Jacksons Food Stores that will see the installation of more than 80 Bitcoin ATMs across Idaho, Nevada, Oregon, Utah, California, Washington, and Arizona. The installation is expected to occur in the coming months. The partnership between the two companies will allow Bitcoin Depot users to convert cash into
Cryptocurrency has emerged as a popular and exciting new technology in recent years. It has brought with it new opportunities and possibilities for investment, commerce, and financial transactions. However, with all new technologies come new challenges and concerns, particularly when it comes to issues of safety and security. The cryptocurrency space has been riddled with controversies and scandals, from the
In the past decade, cloud computing has become an increasingly popular option for many organizations looking for scalable, flexible, and cost-effective IT solutions. Cloud technology enables businesses to store their data and applications remotely, making them accessible from anywhere with an internet connection. However, this convenience has also introduced new security challenges, with cyber attackers targeting organizations’ cloud-based data and
Yum! Brands, the international corporation that operates fast-food chains such as KFC, Taco Bell, and Pizza Hut, recently issued a notice regarding a cybersecurity incident. The company warned that individuals’ personal information was compromised in January 2023. In this article, we will cover what occurred, what information was taken, how Yum! Brands is responding, and what individuals should do to
As our world becomes increasingly reliant on technology, the risk of cybercrime and data breaches also continues to rise. In the first quarter of 2022, cyberattacks caused 92% of all data breaches, highlighting the pressing need for businesses and individuals alike to prioritize cybersecurity measures. As we look ahead to 2023, new trends and challenges are emerging in the cybersecurity
India’s digital infrastructure has come a long way since the launch of the Aadhaar initiative in 2009. The country now boasts a network of interoperable platforms that enable digital identity, payments, and data exchange, collectively referred to as the Digital Public Infrastructure (DPI). This infrastructure has evolved to become a sovereign, self-owned technology stack aimed at providing essential services to
The rise of cryptocurrency as a popular digital money system has greatly benefited from the capabilities of blockchain technology. It provides a secure and decentralized way to store and transfer digital assets without the intervention of intermediaries such as banks. However, as the market for cryptocurrencies continues to grow, so does the risk of theft and scams. In this article,
The rise of digital convenience has paved the way for non-banking financial providers to take giant leaps in the financial services industry. With the purposeful design of their strategies to meet changing customer needs, neobanks, digital payment apps, and other non-banking financial companies (NBFCs) are outpacing traditional banks. In this article, we will discuss the reasons behind this shift in
The world of cryptocurrencies and blockchain technology has taken the world by storm, becoming one of the most innovative industries in the past decade. With the rise of blockchain advancements, investors are seeking out new opportunities to invest in web3 startups. Recently, a new $100 million venture fund has been launched, targeting startups in Asia. This article will delve into
In recent months, cybersecurity researchers have discovered an alarming trend of threat actors using the popular messaging platform Telegram to peddle phishing kits and set up phishing campaigns. This new methodology of exploiting messaging apps is a worrying development and a reminder that cybercriminals are not just relying on traditional email phishing attacks to steal personal data. Statistics According to
Cryptocurrencies are gaining more and more popularity worldwide. As a result, crypto wallets have become an essential tool for any investor. When it comes to choosing the right cryptocurrency wallet, two main factors must be considered: security and convenience. Many cryptocurrency holders prefer wallets with high security and anonymity, while others seek comfort and ease of use. It can be
