Latam Gateway, the payment provider for Binance in Brazil, has been granted a license by the country’s central bank to operate as a payment institution and electronic money issuer on May 19, according to local media reports. Brazil is among Binance’s top global markets, the exchange said in a previous announcement. Latam Gateway helps foreign
Month: May 2023
The divorce proceedings of a New York couple took a turn after a forensic accountant helped track down the husband’s 12 Bitcoin (BTC) stash, which he intended to hide from his wife. The couple in question were married for 10 years, but the man’s wife suspected that her husband did not reveal all his assets,
Xiaomi Civi 2, which debuted last year in China, is all set to get a successor. The Chinese smartphone company confirmed the launch of Xiaomi Civi 3 as well as the information on its processor via a Weibo Post sometime back. Now, the smartphone has been spotted on Geekbench listing revealing its performance score. The
A nonfungible token (NFT) influencer has been served with a settlement demand via NFT – which casually dropped the “F bomb” several times – alleging that the influencer engaged in wire fraud “at a minimum,” on a recent $7 million token presale. Lawyer Mike Kanovitz, a partner at Loevy & Loevy, stated in a tweet
Sridhar Ramaswamy Krisztian Bocsi | Bloomberg | Getty Images Neeva, the privacy-focused search company co-founded by former Google executive Sridhar Ramaswamy, announced Saturday that it is shutting down its consumer search engine and will focus on exploring use cases for artificial intelligence. In a blog post on the company’s website, Ramaswamy and Vivek Raghunathan, another
May 20, 2023Ravie LakshmananCyber Crime / Ransomware The notorious cybercrime group known as FIN7 has been observed deploying Cl0p (aka Clop) ransomware, marking the threat actor’s first ransomware campaign since late 2021. Microsoft, which detected the activity in April 2023, is tracking the financially motivated actor under its new taxonomy Sangria Tempest. “In these recent
The Enforcement Directorate (ED) has seized Rs 8.26 crore in a case against Pigeon Education Technology India Private Limited under provisions of the Foreign Exchange Management Act (FEMA), 1999, according to an official statement issued on Friday. In its statement, the ED said that an investigation found that the company was owned by Chinese nationals
Twitter has alleged that Microsoft violated an agreement over using the social media company’s data, according to a letter seen by Reuters on Thursday. Twitter owner Elon Musk’s lawyer leveled accusations of “unauthorized” usage of Twitter’s data by Microsoft, including sharing data with government agencies without permission in some cases. In the letter addressed to
Banks want to reduce exposure to crypto businesses, just as crypto businesses are seeking to reduce exposure to the ongoing banking crisis. Tether’s latest audit report shows that the stablecoin issuer withdrew over $4.5 billion from banks in the first quarter to reduce counterparty risk following Circle’s troubles during the collapse of Silicon Valley Bank.
Top Stories This Week Hyperbitcoinization coming, says Bitcoin OG as ‘wholecoiners’ hit 1 million Bitcoin has crossed a significant threshold this month — there are over 1 million addresses that hold at least 1 BTC. Data from Glassnode shows an escalating pattern with regard to the amount of so-called Bitcoin “wholecoiners.” If the trend continues,
Nonfungible tokens (NFTs) are finally on the most infamous privacy-focused blockchain, but not everyone is happy about it. Mordinals, or Monero Ordinals, are similar to Bitcoin Ordinals in that they allow anyone to inscribe data alongside transactions stored on the Monero blockchain. From reduced privacy on the network to storing illegal content on an undeletable
Battlegrounds Mobile India (BGMI) is coming back and will be available for download soon in the country. Korean publisher Krafton has confirmed that the Indian government has allowed them to resume operations of the uber-popular battle-royale game, following its ban in July last year, owing to privacy and security concerns. The game was completely removed
A few months into her divorce proceedings, Sarita thought it was suspicious that her spouse, who earned $3 million annually, didn’t have many assets. After spending half a year on discovery and enlisting the help of a forensic accountant, the New York housewife eventually tracked down 12 bitcoins — then worth half a million dollars
Apple and Samsung Electronics are among companies interested in increasing electronics production in India, a minister said, a boon for the country’s push to challenge neighboring China as a manufacturing hub. The South Asian nation is seeking to expand its early success in smartphones to other product categories, Rajeev Chandrasekhar, India’s minister of state for
The identity of the second threat actor behind the Golden Chickens malware has been uncovered courtesy of a fatal operational security blunder, cybersecurity firm eSentire said. The individual in question, who lives in Bucharest, Romania, has been given the codename Jack. He is one of the two criminals operating an account on the Russian-language Exploit.in
Bitcoin (BTC) remained stuck inside a narrow range into May 20 as cryptocurrency markets shook off United States macro triggers. BTC/USD 1-hour candle chart on Bitstamp. Source: TradingView Powell leaves market with “tons of uncertainty” Data from Cointelegraph Markets Pro and TradingView showed BTC/USD trading just below $27,000. The pair had seen brief volatility after
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