Cardano Alonzo upgrade sees 100 smart contracts in first 24 hours September 16, 2021 Cardano's Alonzo upgrade has seen more than 100 'smart contracts' processed within its first 24 hours.
Small Caps: Resurrection November 11, 2020 Volatility resurgence? Despite the recent shift in focus on the positive news relating to Pfizer’s Covid-19 vaccine, macro driven volatility may yet resurface. The latest reports indicate that US President Donald Trump’s campaign on Monday filed a lawsuit in a Pennsylvania federal court, seeking to block state officials from certifying President-elect Joe Biden’s victory in [...]
Ethereum 2 goes LIVE November 24, 2020 The 1st of December 2020 at 12pm UTC has been selected as the exact moment when the Ethereum 2 beacon chain can go live – but there are conditions to be met first. One of these is that there must be 16,384 validators, each putting up a stake of 32 ETH. That is a total [...]
European Commission gives the green light on data adequacy agreement with UK February 19, 2021 The European Commission has said the UK’s data protection laws are in line with the EU’s, paving the way for a long-term adequacy decision. Article 44 of GDPR prohibits the transfer of personal data from the EU/EEA to recipients in jurisdictions outside the bloc, unless specific conditions are met. One of the conditions is an [...]
Europol takes down dark web’s ‘largest illegal marketplace’ January 13, 2021 An illegal marketplace on the darkweb which boasted almost half a million users has been taken down in an international operation led by Europol. Darkmarket, which is said to be the world’s largest illegal darknet platform, had more than 2,400 people selling drugs, counterfeit money and anonymous sim cards to the sum of more than [...]
Wall Street joins FTSE in the red following gloomy jobs data February 18, 2021 Wall Street faced a sea of red this morning as shares slid across the board after an unexpected rise in weekly jobless claims highlighted the fragile labour market recovery. A report from the US Labor Department showed initial claims for state unemployment benefits were 861,000 last week, compared with 848,000 in the prior week. The [...]
Twitter hack bail hearing ‘Zoombombed’ with porn August 6, 2020 A virtual bail hearing for the American teenager accused of hacking Twitter in a high-profile bitcoin scam last month was interrupted by participants “Zoombombing” the court with pornography. Graham Ivan Clark, the 17-year-old from Florida who is accused of masterminding the biggest Twitter hack in history, appeared in court via Zoom yesterday to appeal his [...]
Let’s be clear – Blockchain is not the same as Bitcoin April 10, 2019 Confusion that blockchain is the same thing as bitcoin – often found in boardrooms around the country – is a real problem. Blockchain education is sorely needed at a corporate level in order for large enterprise to understand the business model transformation coming from blockchain – possibly without them even knowing. Let’s get clear on [...]
Wall Street slips as banking stocks and stronger pound weigh on FTSE 100 May 17, 2021 Wall Street opened lower this afternoon, reversing a strong recovery late last week as investors turned their attention back to inflation worries. The Dow Jones slipped 0.02 per cent and the S&P 500 opened lower by 0.09 per cent, while the tech-heavy Nasdaq dropped 0.46 per cent at the opening bell. It came after London’s [...]
FCA boss vows transformation after MPs slam historic ‘culture’ failings over mini-bond collapse June 24, 2021 The Financial Conduct Authority said it was embarking on a “wide-ranging transformation programme” after MPs lambasted it for historic failings relating to the collapse of London Capital & Finance (LCF). A report from the influential Treasury Select Committee of MPs said that a change in the FCA’s “culture” was required to protect consumers from a [...]