Cryptocurrency Mining Malware Targets PostgreSQL Databases with Weak Passwords
A newly identified malware, dubbed PG_MEM, is compromising PostgreSQL databases by exploiting weak passwords to install cryptocurrency mining software. According to Aqua, a cloud-native cybersecurity firm, this malware could potentially…
India’s Cryptocurrency Regulation: Forthcoming Government Consultation Paper Crucial for Future Policy
India stands on the brink of a pivotal moment in the regulation of cryptocurrencies as the Department of Economic Affairs (DEA) prepares to release a critical consultation paper. This document,…
Hong Kong Regulator Cracks Down on Noncompliant Cryptocurrency Exchanges Amid Licensing Efforts
Hong Kong is intensifying its regulatory oversight on cryptocurrency exchanges that are still in the process of being fully licensed, following initial approvals. This move is part of the city’s…
China Tests Cargo Drone with Record-Breaking Payload Capacity
China marked a significant development in aviation technology with the successful test flight of an unmanned civilian drone capable of carrying up to 3.2 metric tons of cargo. The SA750U,…
Infineon Settles Qimonda Legal Dispute for $837 Million
Infineon Technologies AG, a German chipmaker, has agreed to pay 753.5 million euros ($837.21 million) to settle a long-standing legal dispute with Qimonda AG’s insolvency administrator. This settlement concludes a…
SOS Limited Notified by NYSE of Noncompliance Due to Low Stock Prices
SOS Limited, a company specializing in blockchain-based services, has encountered a significant regulatory hurdle as it received a noncompliance notice from the New York Stock Exchange (NYSE). The notice was…
Valve Cracks Down on Keyboard Automation in Counter-Strike 2
Valve has officially banned the use of keyboard automation in Counter-Strike 2, targeting features that could give players an unfair advantage. This decision comes in response to the controversy surrounding…
Lip-Bu Tan Steps Down from Intel Board Amid Strategic Challenges
Intel has announced the resignation of Lip-Bu Tan, a seasoned veteran of the semiconductor industry, from its board of directors. Tan, who joined Intel’s board in September 2022 to assist…
Neuralink Second Patient Reports No Retraction Issues
Neuralink has reported positive progress in its early human trials, with no thread retraction observed in the brain implant of its second patient, named Alex. This marks a significant improvement…
Tesla Recalls 9,136 Model X SUVs Over Roof Adhesion Issue
Tesla is recalling 9,136 Model X SUVs from 2016 due to a potential issue with the roof that could increase the risk of a crash. This recall is notable because,…
Bitfarms Secures $125 Million Acquisition of Stronghold Digital Mining
Bitfarms, a prominent player in the Bitcoin mining sector, has announced its acquisition of Stronghold Digital Mining for approximately $125 million, a deal that includes the assumption of about $50…
Chinese Firms Seek Advanced AI Capabilities via Amazon Cloud Services
State-linked Chinese entities are increasingly turning to cloud services, including those provided by Amazon Web Services (AWS), to gain access to high-end U.S. chips and artificial intelligence capabilities that are…
Kamala Harris’s Campaign Indicates Support for Crypto Industry Growth
In a recent update from the Harris campaign, an aide to Democratic presidential nominee Kamala Harris has articulated a supportive stance towards the digital asset industry. Brian Nelson, a senior…
Hackers Net $700K from McDonald’s Instagram Account by Promoting Grimace Memecoin
On August 21, the official Instagram account of McDonald’s fell victim to a sophisticated scam operation that leveraged the fast-food giant’s social media influence to promote a fraudulent cryptocurrency. The…
China’s WeRide Postpones U.S. IPO Due to Documentation Delays
WeRide, a China-based self-driving technology company, has delayed its initial public offering (IPO) in the U.S., citing delays in completing necessary transaction documents. The company indicated in a Thursday statement…
Voyafly eSIM unveils unlimited travel data plans to avoid bill shock while traveling overseas
Voyafly, an international eSIM provider, has launched its latest offering: unlimited travel data plans across 150+ countries. This innovative solution allows digital nomads, frequent travelers, and tourists to enjoy uninterrupted…
Starliner or Dragon: NASA to Announce Astronaut Return Decision on Saturday
NASA will announce on Saturday, August 24 whether astronauts Butch Wilmore and Sunita Williams will return to Earth aboard Boeing’s Starliner spacecraft or use SpaceX’s Dragon capsule instead. This decision…
JBL Upgrades Wireless Earbuds with Larger Touchscreen and Audio Transmission
JBL has unveiled an enhanced version of its wireless earbuds, the JBL Tour Pro 3, featuring a significantly larger touchscreen on its charging case. The new model boasts a 1.57-inch…
Ford Ends Electric SUV Project, Delays Futuristic Truck
Ford has announced the cancellation of its electric three-row SUV and the delay of its highly anticipated futuristic electric truck, signaling a strategic shift in its approach to vehicle electrification.…
Amazon and Flipkart Face Allegations of Predatory Pricing in India
India’s Commerce Minister Piyush Goyal has accused Amazon and other e-commerce firms of engaging in predatory pricing practices, which he believes are disrupting millions of traditional retail stores in the…