Month: May 2022

Samsung Group will invest KRW 450 trillion (roughly Rs. 27,60,920 crore) in the next five years to accelerate growth in semiconductors, biopharmaceutical, and other next-generation technologies, Samsung Electronics said. South Korea’s top conglomerate said on Tuesday the investments through 2026 are expected to help Samsung drive long-term growth in strategic areas such as the chip sector, while
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We are excited to bring Transform 2022 back in-person July 19 and virtually July 20 – 28. Join AI and data leaders for insightful talks and exciting networking opportunities. Register today! Through cyberspace, all organizations are potentially part of the war. In an effort to prevent detrimental cyberattacks, US president Biden recently signed legislation requiring
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After unprecedented revenue growth last year, digital platforms including Alphabet, Meta Platforms, Snap and Twitter now face a sobering reality as pandemic-driven advertising trends dissipate, according to an analyst report on Thursday. Research firm MoffettNathanson cut its 2025 revenue estimates for each of the four companies by double-digit percentages. US digital ad spending surged 38
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Zyxel has released patches to address four security flaws affecting its firewall, AP Controller, and AP products to execute arbitrary operating system commands and steal select information. The list of security vulnerabilities is as follows – CVE-2022-0734 – A cross-site scripting (XSS) vulnerability in some firewall versions that could be exploited to access information stored
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Bitcoin (BTC) could still see a major price capitulation, but more whales need to start selling first, data suggests. In one of its daily QuickTake market updates on May 27, on-chain analytics platform CryptoQuant highlighted increasingly bearish whale behavior. Small whale selling should spark “absolute capitulation” Amid widespread consensus that BTC/USD should put in a
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Ethereum co-founder Vitalik Buterin has shared two thought experiments on how to evaluate whether an algorithmic (algo) stablecoin is sustainable. Buterin’s comments were sparked by the multi-billion dollar losses caused by the collapse of the Terra (LUNA) ecosystem and its algo-stablecoin TerraUSD (UST). In a May 25 blog post, Buterin noted that the increased amount
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One of the key features of cryptocurrency is the ease of cross-border payment. Tether seems to have taken this concept a step further in order to explore the multibillion-dollar remittance market in Latin America by creating a Mexican Peso-pegged stablecoin. Tether announced on Thursday that it has added Mexico to its list of stablecoins, announcing
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From expressing disappointment to criticizing the euro, the community fired back at European Central Bank (ECB) president Christine Lagarde for her recent anti-crypto remarks.  As crypto markets show signs of being stagnant, Lagarde reminded the world about her stance on cryptocurrencies. According to the ECB president, cryptos are “worth nothing” because the assets are “based
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A commissioner with the U.S. Securities and Exchange Commission (SEC) has warned that the securities market regulator has dropped the ball on crypto regulation. “We’re not allowing innovation to develop and experimentation to happen in a healthy way, and there are long-term consequences of that failure,” said the commissioner. SEC Commissioner Warns About the ‘Failure’
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