Germany Closes 47 Crypto Exchanges Linked to Illicit Activities
The German government has taken decisive action against 47 cryptocurrency exchanges, accusing them of facilitating an underground economy that allows cybercriminals to launder money. This crackdown is part of a…
Apple Given Six Months to Address Interoperability Gaps in the EU
Apple is under pressure to comply with the European Union’s Digital Markets Act (DMA), as the European Commission initiated two proceedings aimed at ensuring the tech giant adheres to new…
Epic Games Store Launches on iPad in the EU
Epic Games has announced the availability of the Epic Games Store on iPadOS in the European Union. This follows the recent implementation of the Digital Markets Act (DMA), which requires…
China Criticizes EU EV Tariffs, Citing Harm to German Economy
China’s commerce minister, Wang Wentao, has expressed concerns over the European Union’s impending tariffs on electric vehicles (EVs), warning that the move will harm both China and Germany. He argued…
Scientists Create Microscopic Robots to Treat Brain Aneurysms Safely
Scientists have developed microscopic robots capable of treating brain aneurysms with unprecedented precision, offering a potential alternative to invasive brain surgeries. An international team, including researchers from the University of…
Videogame Firms Face EU Complaint Over Consumer Misdirection
Several major videogame companies, including Epic Games, Electronic Arts (EA), and Roblox, were accused of misleading consumers into spending money in a complaint filed by the European Consumer Organisation (BEUC)…
Portugal Maintains Ban on Chinese 5G Equipment Under New Government
The Portuguese government has announced its decision to maintain the ban on the use of Chinese equipment in 5G networks, continuing the stance set by the previous administration. Infrastructure Minister…
Owner of Unlicensed UK Crypto ATM Network Faces Criminal Charges
The Financial Conduct Authority (FCA) of the United Kingdom has initiated criminal proceedings against Olumide Osunkoya, marking the first case in the UK involving charges related to operating a network…
Porsche-Backed Startup Builds Largest EV Battery Recycling Plant in Germany
Cylib, a Porsche-backed startup, has begun constructing a large battery recycling plant in Dormagen, Germany, aimed at supporting Europe’s electric vehicle (EV) industry by reducing battery waste. With investments totaling…
Chinese Car Industry Pushes Global Expansion at Frankfurt Trade Fair
Chinese auto suppliers and electric vehicle (EV) manufacturers have made a strong presence at the Automechanika trade fair in Frankfurt, Germany. Nearly 900 Chinese suppliers, along with major carmakers such…
Apple Ordered to Pay €13 Billion in Back Taxes to Ireland After EU Court Ruling
Apple has been ordered by the European Court of Justice (ECJ) to pay €13 billion ($14.4 billion) in back taxes to Ireland, marking the conclusion of a 10-year legal dispute…
Skype Founder’s Atomico Raises $1.24 Billion to Support European Startups
Atomico, the venture capital firm founded by Skype’s co-creator Niklas Zennström, has raised $1.24 billion to invest in emerging and growth-stage tech startups across Europe. This marks a substantial increase…
Latvia’s Central Bank Initiates Pre-Licensing Consultations for Crypto Companies
The European Union’s comprehensive crypto regulation, known as the Markets in Crypto-Assets (MiCA) Regulation, is beginning its phased implementation across member states, prompting various local responses. In Latvia, the central…
Investigations Reveal Telegram as a Hub for Extremism and Crime
Telegram founder Pavel Durov was arrested in France last month, accused of failing to cooperate with law enforcement and being complicit in crimes committed through his platform. These crimes include…
Visa Launches New Tool to Make It Safer to Pay Merchants Directly From Your Bank Account
Visa has announced plans to introduce a new product aimed at enhancing the security and flexibility of account-to-account (A2A) payments, bypassing the traditional direct debit system, as reported by CNBC.…
Global Downtrend: Over 600 Bitcoin ATMs Decommissioned in Recent Months
In the first two quarters of Q3 2024, the global network of Bitcoin ATMs saw a significant reduction, with more than 600 units going offline. This trend, particularly pronounced in…
Major Swiss Bank ZKB Initiates Trading Services for Bitcoin and Ether
Zurich Cantonal Bank (ZKB), one of Switzerland’s largest banking institutions, has officially launched cryptocurrency trading and custody services, broadening its financial offerings to include Bitcoin and Ether. This move marks…
X Adheres to EU Regulations, Halts AI Chatbot Data Usage
The European Union‘s scrutiny of the social media platform X concluded successfully after the platform pledged compliance with the mandates set forth by the European Data Protection Commission (DPC). As…
Durov Says French Authorities Mishandled Telegram Investigation, But Vows to Improve Moderation
Telegram CEO Pavel Durov has criticized French authorities for detaining him, stating they should have contacted his company through established channels instead of holding him personally responsible for illegal activities…
Volkswagen Brings ChatGPT Voice Assistant to U.S. Vehicles
Volkswagen is set to introduce its AI-powered ChatGPT voice assistant to vehicles sold in the United States, starting September 6, 2024. This new feature, known as Plus Speech, will initially…