Markets

Following a recent ransomware attack conducted against a software company known as Tietoevry, Swedish central bank Riksbank had its own IT systems knocked out. The bank has since filed a police report, bringing the matter to light. https://twitter.com/ExtremaRatio4/status/1751852178673713504 Tietoevry clients’...

The UK’s National Crime Agency (NCA) recently issued amber alert due to concerns regarding money laundering in the art storage sector. According to the agency, money laundering in the sector, alongside other similar crimes, has reached a concerning level, and...

The Atlantic Council, a well-known think tank, recently commented on the United States’ position in the central bank digital currency (CBDC) arena. The think tank warned that the US is significantly falling behind other major competitors, specifically China, India, and...

Following the impersonation of Pocketpair’s office account, the Palworld developer is taking steps to sue the impersonator. The account promised fake in-game rewards in a malicious advertising campaign using an office account similar to Pocketpair. Palworld Developer Pocketpair is considering...

Multi-asset investment firm eToro is changing its crypto trading services in France and Australia, especially for non-leveraged CFD trading. The broker wants its clients to finish any non-leveraged long trades with these instruments before February 21 for France and February...

Integral, a company that assists other companies with trading technology, received $30 million from Vistara Growth in Canada to support its expansion and product development.  Last week, the company shared that it's planning to employ more people and make its...

OKX has placed a hold on its crypto mining pool and similar services. New users won't be able to sign up starting from January 26, 2024. Following a declaration made by the crypto exchange, current users can still access their...

Fintech startup Brex has laid off 282 members of its workforce.  This is around 20% of its employees. The company said it had to make this hard decision, considering the harsh market realities it is facing. Brex which used to...

BaFin, the German financial watchdog, is paying attention to the dangers of outsourcing IT services, especially cybersecurity. The company is concerned that this could be a massive problem for the financial sector. In the latest report, BaFin discussed seven main...

DailyPay has provided 293 job opportunities with a significant investment of £24 million for individuals in Belfast, Northern Ireland. DailyPay, a well-known player in Pay-as-you-go technology, allows employees to manage and decide when to receive their earnings. Northern Ireland is the first...

Citi has launched a helpful tool named Citi Shop to assist people in finding great deals. It's a free tool that works on computers and is designed for Citi's credit card holders in the U.S. When users install Citi Shop...

Global FinTech provider Objectway has announced the acquisition of Canadian-based digital wealth solutions provider  Nest Wealth. The company specializes in Software-as-a-service, which assists businesses with their software requirements. Following this special deal, Objectway will expand its presence in North America....

The Office of the Communications Authority (OFCA), the telecom overseer in Hong Kong, plans to introduce the SMS Sender Registration. This move is meant to tackle fake messages and scams by making it easier for people to confirm who is...

Qatar-based fintech startup KARTY has successfully concluded a significant seed funding round. Over $2 million (7.3M Qatari Riyals) was raised from the latest funding. This remarkable achievement, raised by a diverse group of local investors, marks a pivotal milestone in...

NAB has collaborated with Microsoft to help small companies protect themselves from cyber-attacks. The two companies want to halt the rising danger of online attacks on small businesses. Together, they're introducing a cyber assessment tool, a device that can check...