MICROSOFT HITS $3BILLION MARKET CAP FOR THE FIRST TIME IN 48 YEARS
Microsoft has just reached a major milestone in its history, becoming the second company right after apple to achieve a 3 billion dollar valuation in the stock market. On Wednesday,…
AUSTRALIA’S REGULATOR COMBATS INVASIVE DATA COLLECTION WITH NEW LAWS FOR DIGITAL PLATFORMS
With the massive expansion of global digital platforms such as google, Microsoft, Amazon, Meta, Amazon and Apple, Australia’s foremost regulator for competition and consumer protection, ASCC, has expressed concerns as…
AUSTRALIA STRENGHTENS CYBERSECURITY WITH RANSOMEWARE REPORTING
In light of the multiple cybersecurity attacks and data breaches suffered by major institutions including healthcare, finance companies, government agencies, security firms and multinational institutions, the Australian government has resolved…
PAYPAL SLAMMED WITH CLASS ACTION SUIT OVER ANTI-STEERING RULES
The fintech giant faces strong legal backlash following an investigation by consumer rights attorneys at top law firm, Hagens Berman after alleging that the company’s recent anti-steering rules has not…
PIZZA HUT AUSTRALIA SUFFERS CYBER ATTACK
The fast-food franchise earlier this month discovered a breach to their database, leading to the leak of the information of 193,000 of its customers, a small number when compared to…
FTX GAINS REGULATORY APPROVAL TO LIQUIDATE ASSETS IN ORDER TO REPAY CREDITORS
Since the collapse of FTX in November of 2022 when the company filed for bankruptcy, its founder, Sam Bankman Fried has been in and out of court due to federal…
ETHEREUM CO-FOUNDER VITALK BUTERIN LOSES $690,000 TO TWITTER ACCOUNT HACKER
Russian-Canadian programmer and co-founder of second most valuable cryptocurrency in the world suffered a hack to his twitter account this Saturday which led to the loss of nearly a million…
COINBASE LAUNCHES CRYPTO LENDING SERVICE
Coinbase made a genius move this month as it capitalized on the giant gap left behind by major bankrupt exchanges; FXT, Genesis Global and BlockFi, seizing a golden opportunity in…
COINBASE USERS SET TO ACCESS FUTURES TRADING FOLLOWING REGULATORY APPROVAL
A major buzz in the cryptoverse this past month has been the news regarding Coinbase exchange regulatory pass to carry out futures trading specifically on its U.S base. The exchange…
BANKRUPT BITTEREX SET TO PAY A $24MILLION SETTLEMENT TO THE SEC
Bankrupt crypto exchange Bitterex to pay SEC $24 million