European Investment Bank Advocates for Enhanced Innovation Financing in the EU
The European Investment Bank (EIB) has recently emphasized the urgent need for increased innovation financing within the European Union. A detailed report released on July 24, 2024, outlines the significant…
Ferrari Expands Cryptocurrency Payment System to Europe Following Success in the U.S.
Ferrari, the renowned Italian luxury sports car manufacturer, is set to broaden its cryptocurrency payment options to its European dealerships starting from the end of July 2024. This expansion follows…
UK School Under Fire for Unlawful Facial-Recognition Use
An English school has faced criticism from the U.K.’s data protection regulator for using facial recognition technology without obtaining explicit consent from students. The incident highlights ongoing concerns about privacy,…
Spain Launches Antitrust Probe into Apple’s App Store
Spain’s competition authority, the Comisión Nacional de los Mercados y la Competencia (CNMC), has initiated an investigation into Apple’s App Store, citing concerns that the tech giant may be imposing…
Vitalik Buterin Unveils Circle STARKs to Enhance Blockchain Efficiency
Ethereum co-founder Vitalik Buterin has recently introduced a groundbreaking cryptographic protocol known as Circle STARKs. This new development promises to enhance both the security and efficiency of blockchain technology significantly.…
AI and Tech Innovations Revolutionize Paris 2024: A Game-Changer in Sports
With applications ranging from athlete safeguarding to enhanced broadcast experiences and efficient energy management, artificial intelligence (AI) and technology innovations are set to transform some aspects of the Olympic Games…
Revolut Receives UK Banking License After Three-Year Wait
Revolut, the prominent British fintech company, announced on Thursday, July 25 that it has obtained a banking license with restrictions from the U.K.’s Prudential Regulation Authority (PRA). This achievement concludes…
HIVE Digital Technologies Initiates Expansion into Paraguay
HIVE Digital Technologies, a prominent Bitcoin mining company, has announced its ambitious plans to establish a 100-megawatt mining facility in Paraguay. This move marks the company’s first foray into the…
Paraguay’s Miners Appeal to National Electricity Provider to Rethink Imminent Rate Increase
On July 19, Paraguay’s national electricity provider, Administración Nacional de Electricidad (ANDE), confirmed the continuation of a planned electricity price increase for legal cryptocurrency miners set to commence on August…
Apple Celebrates 2024 Olympics with New App Features
Apple has updated the Apple Maps app in Paris in preparation for the 2024 Summer Olympics, starting on Friday, July 26. The update includes custom, hand-built 3D landmarks for permanent…
Fractal ID’s Data Breach Linked to 2022 Password Reuse Incident
Fractal ID, a blockchain identity verification platform, recently published a detailed postmortem on a data breach that compromised user information. The breach occurred on July 14, 2024, but its origins…
Illicit Chip Flows to Russia Decline, But China and Hong Kong Persist as Key Transshipment Hubs
Semiconductors and other restricted goods shipped through China and Hong Kong to support Russia’s war efforts have decreased by a fifth this year, according to previously undisclosed U.S. Commerce Department…
Italian State-Owned Bank Tests Digital Bonds on Polygon Blockchain
Italy’s state-owned bank, Cassa Depositi e Prestiti SpA, in collaboration with the trillion-dollar investment bank Intesa Sanpaolo, has successfully completed a digital bond issuance valued at $27.2 million using the…
Kraken Custody Extends Services to UK and Australia
Kraken, a leading cryptocurrency exchange, has officially announced the expansion of its Kraken Custody services to institutional clients in the United Kingdom and Australia. This strategic move marks Kraken Custody’s…
Greek Government Set to Enforce Cryptocurrency Taxation by 2025
As reported by the Greek daily paper Ekathimerini on July 15, the Greek government is taking decisive steps to incorporate cryptocurrencies and digital assets into its national tax framework. This…
Ubisoft Pushes Back Mobile Releases for Rainbow Six and The Division
Ubisoft has announced delays for the mobile versions of its popular franchises, Rainbow Six and The Division, pushing their release until at least April 2025. This update was shared in…
UK Government Sets Sights on Regulating Advanced AI Models
Britain’s newly elected Labour government announced plans to explore effective regulation of artificial intelligence models. However, they stopped short of proposing specific laws. In a speech on Wednesday, King Charles…
OKX Chooses Malta as MiCA Hub to Ensure EU Crypto Compliance
OKX, a prominent crypto exchange and Web3 technology company, has announced that it will establish Malta as its Markets in Crypto-Assets (MiCA) hub. This decision aims to ensure compliance with…
Meta Won’t Launch Its AI Models in Europe Due to Uncertain Regulations
Meta will withhold its multimodal AI models from the EU amid regulatory uncertainty. This decision could prevent services using Meta’s AI models from being offered in Europe. Meta announced that…
EU Blockchain Initiatives Progress from Hype to Practical Implementation, Report Reveals
The International Association for Trusted Blockchain Applications (INATBA) has released an insightful report indicating a significant shift in the nature of blockchain projects within the European Union. According to the…