News - page 372

North Korean Hacker Group Moves $63.5 Million in ETH
Blockchain & Crypto

North Korean Hacker Group Moves $63.5 Million in ETH

Infamous North Korean hacker group Lazarus moved 41,000 ETH, valued at $63.5 million, among over 350 accounts. The Lazarus Group has previously been implicated in Bitcoin theft, amounting to more than $2 billion.

Deutsche Bank’s Blue Water Fintech Lab Launches First Commercial Product
Finance & Economics

Deutsche Bank’s Blue Water Fintech Lab Launches First Commercial Product

Deutsche Bank’s Blue Water Fintech Lab developed a robotic process automation platform for processing and matching data in several banks.

Alibaba Sells Stake in Paytm
Finance & Economics

Alibaba Sells Stake in Paytm

Chinese e-commerce giant Alibaba Group has sold a 3.1% stake in Indian digital payments company Paytm.

China’s Official Wallet App Launches Offline Payments
Finance & Economics

China’s Official Wallet App Launches Offline Payments

The Chinese digital yuan app launched a new feature that allows users to make payments from mobile phones offline.

Neobank Kompasbank Raises €12 Million
Countries

Neobank Kompasbank Raises €12 Million

Kompasbank, the youngest bank in Denmark, has attracted new financing for 12 million euros.

US Regulators Fully Control Mechanisms of Securitization of Direct Investments
Countries

US Regulators Fully Control Mechanisms of Securitization of Direct Investments

In the USA, regulators apply the practice of strict control measures to direct investment instruments.

TikTok ByteDance Launches Payments With J.P. Morgan
Finance & Economics

TikTok ByteDance Launches Payments With J.P. Morgan

J.P. Morgan works with TikTok’s parent company ByteDance on payment technology.

Bank of Tanzania Explores Prospects for Implementing CBDC
Finance & Economics

Bank of Tanzania Explores Prospects for Implementing CBDC

The Central Bank of Tanzania will make a final decision on the CBDC after completing a study of the practice of using virtual national money.

BNPL Demand Soars in UK
Fintech & Ecommerce

BNPL Demand Soars in UK

Demand for BNPL (Buy Now Pay Later) solutions rose across all age groups in the UK, as living costs increase

Debates Around CBDCs Continue
Finance & Economics

Debates Around CBDCs Continue

Senior adviser at the Bank of England argues CBDCs are not worth the associated costs and risks

Chinese Exports Suffer Sharpest Fall in 3 Years
Finance & Economics

Chinese Exports Suffer Sharpest Fall in 3 Years

Exports of goods from China fell to the lowest level in the last three years due to the coronavirus pandemic.

Apple CEO Tim Cook to Take 40% Pay Cut
All materials

Apple CEO Tim Cook to Take 40% Pay Cut

Apple CEO Tim Cook has planned to cut his salary by 40% this year.

BigCommerce Partners Vyne for A2A Payments
Finance & Economics

BigCommerce Partners Vyne for A2A Payments

Vyne and BigCommerce partnered to enable e-commerce merchants to improve their sales in a cost-effective way

El Salvador Passes Bill To Fund Building ‘Bitcoin City’
Finance & Economics

El Salvador Passes Bill To Fund Building ‘Bitcoin City’

El Salvador’s National Bitcoin Office (NBO) has announced the passing of the Digital Assets Issuance bill. Passed by the El Salvador Congress on January 11, with 62 members voting for and 16 against, the bill will become law once signed by President Nayib Bukele.

Cardano Expands With Custom-Built Sidechains
Blockchain & Crypto

Cardano Expands With Custom-Built Sidechains

Cardano ecosystem creators are to release a software toolkit for developers to deploy custom-built sidechains on the parent blockchain

Emerging Market Governments Raise $40 Billion in Bonds in January
Finance & Economics

Emerging Market Governments Raise $40 Billion in Bonds in January

Since the beginning of 2023, governments of emerging markets have raised more than $40 billion in international bond markets.