Hackers steal $305M from DMM Bitcoin crypto exchange
Japanese crypto exchange DMM Bitcoin confirmed on Friday that it had been the victim of a hack resulting in the theft of 4,502.9 bitcoin, or about $305 million. According to crypto security firm Elliptic, this is the eighth largest crypto theft in history. DMM Bitcoin said it detected “an unauthorized
Read MoreDisrupt 2024 early-bird prices end at midnight
This is not a drill! Today marks the final day to secure your early-bird tickets for TechCrunch Disrupt 2024 at a significantly reduced rate. At midnight tonight, May 31, ticket prices will increase, so act now to save up to $800 on admission to one of the most anticipated technology
Read MoreHow Does Generative AI Reinvent the Way We Work?
After capturing the public’s imagination in 2022, generative Artificial Intelligence (gen AI) began to permeate the business landscape in 2023. 2024 remains a crucial year for the future of AI, with researchers and organizations pushing the boundaries by developing new algorithms and models to tackle increasingly complex tasks. According to
Read More600,000 routers were bricked in a single cyberattack
Photo by Amelia Holowaty Krales / The Verge A cyberattack was behind an incident last year that disabled over 600,000 internet routers across several Midwest states between October 25th and 27th, according to new research published by Lumen Technologies’ threat research arm, Black Lotus Labs. The incident wasn’t disclosed at
Read MoreANC Wanes, Coalition Uncertainties: IEC Dashboard Results
According to the HSBC’s- Hongkong and Shanghai Banking Corporation’s latest report and update from the IEC’s live results Online Dashboard on SA’s NPE 2024, the ANC- African National Congress appears poised to lose its three-decade-long parliamentary majority following a significant decrease in support during South Africa’s seventh democratic elections. At
Read MoreA Transformative Milestone for the Crypto Industry
The U.S. Securities and Exchange Commission (SEC) has approved the first spot Ethereum (ETH) exchange-traded funds (ETFs), a landmark decision that marks a significant step forward for the cryptocurrency industry. Announced on May 23, 2024, this approval allows major exchanges such as NYSE Arca, Nasdaq, and CBOE BZX to list
Read MoreChinese e-commerce marketplace Temu faces stricter EU rules as a ‘very large online platform’
Temu is to face Europe's strictest rules after being designated as a "very large online platform" under the Digital Services Act (DSA). © 2024 TechCrunch. All rights reserved. For personal use only.
Read MoreSpain bans Meta from launching election features on Facebook, Instagram over privacy fears
Meta has been banned from launching features on Facebook and Instagram that would have collected data on voters in Spain using the social networks ahead of next month’s European Elections. The local data protection authority, the AEPD, has used emergency powers to protect local users’ privacy. Meta confirmed to TechCrunch
Read MoreKey Cyberthreats- Trojan Spy, Ransomware: African Industries
According to statistics from Kaspersky, in the first quarter of 2024, the percentage of Industrial Control Systems- ICS computers globally on which malicious objects were blocked decreased by 1.3 percentage points- pp from the first quarter of the previous year, to 24.4%. However, in Africa, the prevalence of malware remained
Read MoreStripe curbs its India ambitions over regulatory situation
Stripe, the world’s most valuable fintech startup, said on Friday that it will temporarily move to an invite-only model for new account sign-ups in India, calling the move “a tough decision” as it navigates the country’s evolving regulatory landscape. In a statement posted on its website, Stripe said businesses in
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