News - page 207

Finance & Economics

IRS to Increase 401(k) Contribution Limit

Americans can add thousands of USD to their savings in tax-advantaged retirement plans in 2023

Blockchain & Crypto

Scammers promote fake Gate.io giveaway on hacked Twitter account 

The official Twitter account of crypto exchange Gate.io was hacked. Scammers now advertise a fake giveaway of 500,000 USDT 

Science & Technology

Apple stores sell Level Lock+ opened by Apple Watch or iPhone

The exterior door lock is the first Home Key-supported appliance sold in Apple stores

Blockchain & Crypto

Hong Kong presents unique CBDC project

The Hong Kong Monetary Authority presented Aurum retail central bank digital currency (CBDC) prototype, reflecting unique monetary policies of the special administrative region

Blockchain & Crypto

The majority of Salvadorans believe the government should ‘stop spending public money’ on Bitcoin

77.1% of the survey respondents want the Salvadoran government to stop investing in Bitcoin

Science & Technology

Remittances drive crypto adoption in Latin America: report

Latin America makes up for a 9.1% of the global 2022 crypto transaction value, while remittances and high inflation are the highest drivers of adoption

Science & Technology

Financial sector will lack employees with tech skills: report

Recent report predicts a potential shortage of skilled technologists and data analysts over the next five years

Finance & Economics

UBS expands cloud partnership with Microsoft

Half of UBS applications will move to the Microsoft Azure cloud environment over the next five years

Finance & Economics

Asset manager Fidelity to offer ETH custody and trading

The crypto wing of $4.5 trillion asset manager Fidelity Investments offers its institutional clients Ether custody and trading services

Science & Technology

US to rate the security of IoT devices in 2023

The Biden administration announced that a cybersecurity labelling program for consumer Internet of Things (IoT) devices will start next year

Finance & Economics

Nubank to develop a cryptocurrency

Brazilian challenger Nubank is currently working on its own cryptocurrency for the new rewards program

Finance & Economics

JP Morgan makes a strategic investment in Second Life’s payment platform Tilia

Tilia, the payments platform initially built to power the economy of Second Life metaverse, has secured an investment from JP Morgan

Finance & Economics

Goldman Sachs is going through major changes

Strong trading results and complete restructuring: what’s happening to Goldman Sachs?

Finance & Economics

ECB expected to set forth another 75 bps rate hike on Oct. 27: Reuters poll

Reuters surveyed 60 economists during October 12-18, 2022 to find out their opinions about the future of interest rates in the EU

Blockchain & Crypto

BTC energy use surges 41%, urging regulations

The environmental impact of crypto mining is rising regulatory alert, as BTC energy use sees a significant increase year-on-year

Finance & Economics

German crypto bank Nuri shuts down 

Nuri management requested its 500,000 customers to withdraw funds before mid-December