PayPal allows crypto spending — is the rest of the world ready?

The shift from legacy finance is happening and firms like PayPal have the muscle to hasten things along The move may stimulate the global use of virtual coins and new digital currencies that may be developed by central banks and corporations READ NEXT Will crypto crack the mainstream in 2020? YOU MIGHT LIKE How ‘legitimizing’ cryptocurrency could benefit businesses Are
| Latest, Cryptocurrency, Innovation |

How ‘legitimizing’ cryptocurrency could benefit businesses

The European Commission aims to establish clear ground rules for the cryptocurrency industry The new proposal could help ‘legitimize’ cryptocurrency for businesses and bring a host of benefits with it READ NEXT Cryptocurrency exchanges act like banks, but not for the lawyers Benefits for business Raising funds Accurate valuations Encourages investment YOU MIGHT LIKE How will blockchain solidify 5G-inspired applications?
| Latest, Big Data, Blockchain |

Afrofuturistic AKON CITY Underway in Senegal

Business Development in Africa Akon City, the futuristic pan-African city named after and envisioned by Senegalese-American Hip hop R&B recording artist Akon, is officially underway. Located in Mbodiene, Senegal some 100 kilometres from the capital, the grammy-nominated star intends for this project to provide much-needed jobs to the Senegalese and serve as home to people of African ancestry in the
| News |

Africa: To Infinity and Beyond - the Rise of a Crypto Empire

[Daily Maverick] The cryptocurrency industry is beginning to see the rise of crypto empires -- expanding ecosystems created by early movers and original crypto businesses that aim to dominate the new industry. This is what makes the acquisition of cryptocurrency company Luno by the biggest of them all, the Digital Currency Group, so interesting.
| News |

How will blockchain solidify 5G-inspired applications?

5G is estimated to be at least 100 times faster than 4G and will be radically different from other generations Blockchain has outgrown the niche world of cryptocurrency and can serve a myriad of 5G applications READ NEXT Can a blockchain timestamp help rebuild trust in web content? YOU MIGHT LIKE Amazon, Verizon bring 5G edge to US businesses with
| Latest, 5G, Blockchain |

Virus-hit Hong Kong says it with face masks, not flowers, on Valentine’s Day

Hong Kong’s flower markets are lamenting dismal Valentine’s Day sales as the city battles the deadly coronavirus outbreak, with admirers joking that a box of face masks is a better way to say “I love you” than a bouquet. Aman Fong, an art director at a flower shop in the district of Mong Kok, says the usually bumper week leading
| Business, Hong Kong, 2020 coronavirus |

Hong Kong Free Press Editorial: Our new Annual Report

Downlo a d a copy  of our latest Annual Report – it includes a Transparency Report based on our latest yearly, independent audit. Letter from the Editor: Last year, Hong Kong’s pro-democracy movement sought to “blossom everywhere,” with protesters vowing to “be water” and act with fluidity, speed and flexibility. The HKFP team had
| HKFP Editorials, Hong Kong, Hong Kong Free Press |

Silicon Valley 2.0? Dubai to develop 'Crypto Valley' ... and it'll be tax-free

Silicon Valley 2.0? Dubai to develop 'Crypto Valley' ... and it'll be tax-free Dubai's Crypto Valley will be supporting startups on their path to blockchain glory. January 31st, 10:47 am January 31st, 10:49 am Reem Mehio [ Travelzoo ] The Dubai Multi Commodities Centre (DMCC), the emirate's free zone,
| News |

Hong Kong Free Press Editorial: Our new Transparency Report

We are proud to be Hong Kong’s  most transparent  news outlet and, as a non-profit company, HKFP is  externally audited  every year. Be assured that, when you donate to HKFP , every cent is put to careful use and goes directly towards frontline journalism and original reporting.  Income for our latest audited year
| HKFP Editorials, Hong Kong, Hong Kong Free Press |

Akon targets Senegal's tourism in latest African project

Tourism is the latest sector that Senegalese-American singer and songwriter Akon has identified as a potential area of investment on the African continent. Best known for his R&B hits such as “Locked Up” and “Smack That,” the singer whose real name is Aliaume Thiam has over the years championed different projects notably Lighting Africa that aims to provide electricity to
| News |

Fugitive Businessman Carlos Ghosn Puts Spotlight on Japanese Justice

TOKYO—Though former Nissan Chairman Carlos Ghosn is unlikely to stand trial in a real court, he has made himself a key witness in putting Japan’s justice system on trial. In his first public appearance after fleeing to Lebanon, Ghosn lambasted what he called unfair detention and bail conditions, saying he was presumed guilty and had “zero chance” of a fair
| 15-year prison term, 99% conviction rate, former nissan chairman carlos ghosn |

Arab Region’s Largest Youth Gathering Focuses on New Tech

At the Global Youth Forum in Egypt thousands of youth attend a session on Artificial Intelligence and to hear Sophia — a humanoid robot capable of displaying humanlike expressions and interacting with people. Credit: Stella Paul/IPS By Stella Paul SHARM-EL-SHEIKH, Egypt, Dec 18 2019 (IPS) On late Monday morning, a motley group of more than
| Conferences, Economy & Trade, Featured |

Twitter chief Jack Dorsey announces plans to move to Africa

Tech executive declared plan to move temporarily in 2020 following a month-long visit to entrepreneurs on the continent Twitter chief Jack Dorsey said this week that he plans to move to Africa for up to six months next year. The tech executive announced the planned move following a month-long trip visiting entrepreneurs on the continent.
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Debunking the Binance Police Raids with OSINT

This investigation is an excerpt from the weekly CryptOsint, Brenna Smith’s newsletter which digs into the intersection of open source research and cryptocurrency. You can subscribe to the newsletter here . Crypto-twitter was abuzz this weekend over a rumor of police raids at one of the world’s most popular and most influential exchanges, Binance.
| Rest of World |

Smart cities have to be cyber-smart cities

As cities turn to IoT to address long-standing urban problems, Andrew Lee, ESET Government Affairs Liaison discusses the risks of leaving cybersecurity behind at the planning phase. You’ve probably heard the term “smart cities” – that is, the idea that extensive use of Information and Communications Technology (ICT) to monitor energy, utilities and transportation infrastructure can lead to cost savings,
| Expert Speak, Andrew Lee, ESET |

Sign Up For CryptOsint Today!

Issue #2: “What does Libra mean for open source investigators?” CryptOsint is a news round-up dedicated to covering who is using blockchain technology and how they’re doing it. Think of it as the intersection between open source investigations and the crypto world. Through CryptOsint, you will discover weekly content that will help you make sense... The post Sign Up
| Events, Resources, cryptocurrency |

Pavel Durov tangles with US regulators: the travails of Russian internet whizz kid new cryptocurrency

Hello! This week we examine the travails of Russian internet whizz kid Pavel Durov’s new cryptocurrency, Gram, which has been blocked by the U.S. regulator. We also look at Russia’s conflicting messages on climate change; the top officials summoned to testify at a $12 billion case against Russia in Paris; what Russia stands to gain […] The post Pavel
| Weekly |

Pavel Durov tangles with US regulators: the travails of Russian internet whizz kid new cryptocurrency

Hello! This week we examine the travails of Russian internet whizz kid Pavel Durov’s new cryptocurrency, Gram, which has been blocked by the U.S. regulator. We also look at Russia’s conflicting messages on climate change; the top officials summoned to testify at a $12 billion case against Russia in Paris; what Russia stands to gain […] The post Pavel
| Weekly |

HTC join hands with Bitcoin

Leading smartphone manufacturer, HTC and one of the world’s oldest and most established cryptocurrency, Bitcoin have announced the beginning of a long-term, mutually beneficial partnership to drive innovation and adoption of crypto technologies. HTC is known for pushing the boundaries of technology with cutting edge, futuristic smartphones, and they have done it again. HTC’s flagship EXODUS 1 smartphone is now
| Cryptocurrency, News, Smartphones |

The Evolution Of Bitcoin In Terrorist Financing

Terrorists have been tinkering with bitcoin as early as 2012 — but today, jihadi crowdfunding campaigns have been on the rise. Some think that since most of these campaigns haven’t raised significant funds, there isn’t much to worry about. I will explain why this is wrong. Terrorists’ early attempts at using cryptocurrencies were filled with... The post The Evolution
| MENA, News, bitcoin |

Smart TVs makes attractive target for cybercriminals

Denise Giusto Bilić, Security Researcher at ESET explains how internet-enabled Smart TVs have become a attractive target for cyberattacks and how cybercriminals can ruin more than your TV viewing experience by spying on users with the cameras and microphone or act as jumping-off points for attacks at other devices in home and corporate networks. With their high-resolution screens, cameras, microphones
| Expert Speak, Televisions, cyberattacks |

New Android ransomware found by ESET

Android ransomware may be on the decline since 2017 – but recently, ESET researchers discovered a new ransomware family, Android/Filecoder.C. Using victims’ contact lists, it attempts to spread further via SMSes with malicious links. The new ransomware was seen distributed via porn-related topics on Reddit. The malicious profile used in the ransomware-distributing campaign was reported by ESET but is still
| News, Security, Android/Filecoder.C. |

Bahrain’s Rain closes $2.5 million seed round, becomes first licensed cryptocurrency exchange in the Middle East

Rain, a Bahrain-based cryptocurrency exchange has closed its $2.5 million seed round, it announced in a statement to MENAbytes. The round was co-led by BitMEX Ventures, the investment arm of the BitMEX, which is a cryptocurrency derivatives trading platform and Kuwait-based cryptocurrency fund, Blockwater. Some other regional investors including Vision Ventures, 500 Startups (MENA), and Taibah Valley also […] The post Bahrain’s
| Investments, News, Startups |

Facebook takes on the world of cryptocurrency with ‘Libra’ coin

FACEBOOK unveiled plans Tuesday for a new global cryptocurrency called Libra, pledging to deliver a stable virtual money that lives on smartphones and could bring over a billion "unbanked" people into the financial system. The post Facebook takes on the world of cryptocurrency with ‘Libra’ coin appeared first on Asian Correspondent .
| Business, Insights, News |

Facebook announces its cryptocurrency ‘Libra’, to launch next year

Facebook has finally confirmed its plans to launch a cryptocurrency called Libra. As the previous reports suggested, Libra won’t be controlled by Facebook alone. The cyptocurrency is being launched by Libra Association, a governing body (being established not-for-profit organization) that has 27 founding members to oversee Libra and its development. Facebook will be having one […] The post Facebook
| News, Global |

How To Track Illegal Funding Campaigns Via Cryptocurrency

After posting a tutorial on tracking GRU agents’ bitcoin (BTC) transactions, I’ve received numerous responses asking how to find out even more. I aim to please, so I’ve put together another tutorial using Izz ad-Din al-Qassam Brigades’ bitcoin funding campaign as a case study. What You’ll Need To effectively analyze any bitcoin address, I rely... The post How To
| Guides, bitcoin |

Bitcoin: Cryptographic Tool That Can Secure Civil Liberties

Over a half-century ago, President Dwight Eisenhower recognized a force that threatens democratic government. In his farewell address on January 17, 1961, he alerted the American people about a "permanent armaments industry of vast proportions" and its impact in shaping the very structure of our society. He called it the military-industrial complex and urged the … Continue reading "Bitcoin:
| Uncategorized |

Why is the Russian economy growing despite Western sanctions?

Hello! This week we kick-off with an explainer on Russia’s impressive economic performance in 2018 (sanctions notwithstanding) and whether the growth data could been doctored. Then we have stories on Durov’s very optimistic valuation for his new cryptocurrency project, how a propaganda chief fared when he went on a popular YouTube show, billionaire Mikhail Fridman’s […] The post Why
| Weekly |

Dubai-based luxury ecommerce platform The List now accepts Bitcoin payments

Dubai-based luxury ecommerce platform The List that raised $1.7 million in seed funding last year now accepts Bitcoin as a payment method, the company announced in a statement yesterday. The payment method is only available on The List’s iOS app. The startup claims to be the first luxury fashion mobile platform to offer the Bitcoin […] The post Dubai-based
| News, Technology, Crypto |

Tracking Illicit Transactions With Blockchain: A Guide, Featuring Mueller

In recent years, cryptocurrencies such as Bitcoin have been used by terrorists to conduct funding campaigns, authoritarian governments to subvert its citizens’ human rights, and GRU agents to hack the Democratic National Committee as well as the Clinton campaign. Though many people utilize virtual currencies for legitimate purposes, the technology is an enticing tool for... The post Tracking Illicit
| Guides, bitcoin, GRU |

Is blockchain all hype? A financier and supply chain expert discuss

Iaremenko Sergii/Shutterstock.com This is an article from Head to Head , a series in which academics from different disciplines chew over current debates. Let us know what else you’d like covered – all questions are welcome. Details of how to contact us are at the end of the article. Arturo
| News |

How to train 21st century engineers for tech discoveries

Engineering education needs to keep up with technological advances. Shutterstock The year is 1985. Portable CD players like the Sony Discman are the epitome of consumer technology: a battery-operated device that allows you to listen to music anywhere (provided you brought the CDs as well). A recent graduate
| News |

Despite delay, Durov on track to launch his cryptocurrency in March

The founder of Telegram and Vkontakte, Pavel Durov, is preparing to launch TON, his blockchain platform and cryptocurrency, for which Telegram raised $1.7 billion a year ago. A key meeting with major investors should take place within a month, sources familiar with the plans told The Bell. Durov’s team had previously said that the TON […] The post Despite
| Scoop |

The media outlet that exposed Prigozhin is sold to a magazine magnate

Hello! Our top story this week is about why a glossy magazine magnate bought a small media outlet that punched above its weight with blockbuster investigations into a controversial businessman close to Putin. We also look at a billionaire’s son and his investment in the world’s first cryptocurrency exchange (which opened this week in Belarus), […] The post The
| Weekly |

Transparency and privacy: Empowering people through blockchain

Blockchain technologies can empower people by allowing them more control over their user data. Shutterstock Blockchain has already proven its huge influence on the financial world with its first application in the form of cryptocurrencies such as Bitcoin . It might not be long before its impact is felt everywhere.
| News |

Cryptojacking will continue to grow in 2019

Cases of cryptocurrency mining and cryptojacking will continue to grow in 2019, as attackers target smart devices and home assistants to build cryptomining farms, according to ESET’s latest trends report. Along with cryptomining, Cybersecurity Trends 2019: “Privacy and intrusion in the global village” details the predictions of top experts from the global cybersecurity firm, revealing the cybersecurity trends set to
| Cryptocurrency, News, cryptojacking |

Cryptojacking will continue to grow in 2019

Cases of cryptocurrency mining and cryptojacking will continue to grow in 2019, as attackers target smart devices and home assistants to build cryptomining farms, according to ESET’s latest trends report. Along with cryptomining, Cybersecurity Trends 2019: “Privacy and intrusion in the global village” details the predictions of top experts from the global cybersecurity firm, revealing the cybersecurity trends set to
| Cryptocurrency, News, cryptojacking |

Dark Markets for cybercriminals are thriving

Stephen Cobb, Senior Security Researcher at ESET reviews the business of cybercrime that is thriving in the absence of counter-effective measures thereby undermining the benefits of digital technology. Are you in the market for stolen data? How about some tools to help you steal data or make money by hijacking other people’s computers? Well you’re in luck. It is now
| Expert Speak, Security, cryptojacking |

Google top searches revealed

This year’s most trending queries in Saudi Arabia, Egypt, and the UAE had a few things in common, especially between Egypt and Saudi Arabia where the more traditional songs dominated the top songs list. Football was also a common theme between Saudi Arabia and Egypt, who both competed in this year’s World Cup. Most searched words – UAE 1. World
| News, Egypt, Google Search |

Afghan voting, Ugandan mudslides and Burundi’s rusty old signs: The Cheat Sheet

Here’s the IRIN team’s weekly take on humanitarian news, trends, and developments from around the globe. */ On our radar A vote for stability in Afghanistan   This weekend, analysts will be keeping an eye on voter turnout for parliamentary elections – seen as a harbinger of
| News |

Afghan voting, Ugandan mudslides and Burundi’s rusty old signs: The Cheat Sheet

Here’s the IRIN team’s weekly take on humanitarian news, trends, and developments from around the globe. */ On our radar A vote for stability in Afghanistan   This weekend, analysts will be keeping an eye on voter turnout for parliamentary elections – seen as a harbinger of public confidence ahead of presidential
| News |

Zambia central bank warns against use of cryptocurrencies

Bank of Zambia (BoZ), the country’s central bank has cautioned members of the public against cryptocurrencies. BoZ says cryptos are not legal tender in the Republic of Zambia, local portal Mwebantu reports. The bank stressed that persons who involve in such transactions will be doing so at their own risk because cryptocurrencies are not issued by the bank or any
| News |

How to avoid falling victim to fake financial apps

Lukas Stefanko, Malware Researcher at ESET highlights that cybercrooks have used fake finance apps on Google Play to phish six online banks and cryptocurrency exchange worldwide. The writer also shares tips to secure yourself against such crimes. Another set of fake finance apps has found its way into the official Google Play store. This time, the apps have impersonated six banks
| News |

Opera PC Browser now with built-in crypto wallet

Opera, the popular browser announced that it is adding a built-in crypto wallet to its PC Browser and all the user will need to do is to connect their Opera PC browser with the crypto wallet-enabled Opera mobile browser by simply scanning a QR code on their Opera PC browser. This will grant them access to their mobile wallet with
| Apps ,Cryptocurrency ,News |

Watts Miners launches new line of mining rigs

Watts Miners, a company that develops and sells cutting edge cryptocurrency mining rigs equipped with ASIC chip technology, launched its line of mining rigs for BTC, ETH, LTC, DASH and XMR with unprecedented hash rates as a result of advanced ASIC chip technology. The rigs are equipped with industrial power for mining farms as well as retail household consumers and are
| Cryptocurrency ,News ,ASIC chip |

HTC launches first blockchain phone

HTC announced the launch first major blockchain phone – the Exodus and expand the blockchain ecosystem by creating the world’s first phone dedicated to decentralized applications and security. With the release of the HTC Exodus, which includes an all-important cold storage wallet, we can now make this a reality. “In the new internet age people are generally more conscious about their
| News ,Smartphones ,Animoca |

South Africa kidnappers demand ransom in bitcoin to free teenager

A criminal gang in South Africa who kidnapped a teenage boy on Sunday are demanding a ransom in bitcoin crytocurrency of nearly $120,000, police said. Katlego Marite, 13, was dragged into a car while playing with two friends near his home in Witbank, a town in the eastern province of Mpumalanga, on Sunday afternoon, police spokesman Leonard Hlathi said. “They
| News |

Dubai-based crypto exchange BitOasis to suspend dirham transactions amid issues with local banks

BitOasis, the leading digital asset exchange of United Arab Emirates that allows customers to buy different cryptocurrencies including Bitcoin and Ripple is suspending dirham deposits and withdrawals from 4th June onwards. The company had announced the decision last week in an email sent to its users, giving them 24 hours to complete any dirham transaction […] The post Dubai-based
| News ,Technology ,Crypto |