Her Majesty’s Revenue and Customs (HMRC), the British tax department, revealed it has seized in a $1.9 million fraud case an NFT, leading to the arrest of three individuals. The concerned authorities managed to seize around $6,760 (£5,000) worth of cryptocurrency assets, in addition to three non-fungible tokens (NFT) artworks. This comes at a time […]
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The platform which sold an NFT of Jack Dorsey’s first tweet for $2.9 million has halted most transactions because people were selling tokens of content that did not belong to them, its founder said, calling this a “fundamental problem” in the fast-growing digital assets market. Sales of NFTs, or non-fungible tokens, soared to around $25 […]
The cryptocurrency industry is young and constantly changing. It is a whole new front, the wild west of the internet, barely regulated and unchecked. This will not be the case forever; it hasn’t stopped the industry from reaching 2.3 trillion in overall market value as of December 2021, according to CoinGecko, as people rush to make […]
In its latest iOS update on Thursday, Apple fixated its attention on the battery drain issue targeting some Mac users since macOS 12.2 update. The Big Tech giants revealed its latest version, 12.2.1. contains critical fixes for “an issue for Intel-based Mac computers that may cause the battery to drain during sleep when connected to […]
Dubai (UAE): In today’s hybrid IT environments, organisations are accelerating digital transformation for long-term growth and profitability. This transformation, however, comes at a cost for enterprises. According to Gartner, this journey is taking twice as long and costing twice as much than initially anticipated. To address this challenge, organisations must be able to understand their […]
The U.S. Justice Department said on Monday it has criminally charged China-based telecommunications company Hytera for conspiring with former Motorola Solutions Inc employees to steal the American company’s digital mobile radio technology. In a partially redacted indictment unsealed in the North District of Illinois, the government alleges that Hytera Communications Corp recruited Motorola employees to […]
Following Washington’s decision to ban China Unicom from providing service in the U.S., Beijing has condemned the move as baseless, vowing to protect its operations’ “legitimate rights and interests” in the U.S. market. The U.S. Federal Communications Commission (FCC) made a bold move to revoke the Chinese-backed telco’s license, prohibiting it from delivering further services […]
Shaping the future of digital payment in the Gulf region. Join the biggest stage for the most unique payments agenda. We are excited to announce that ePay GCC will return for its 4th edition on the 1st November 2022 in Dubai. Once again, delivering unparalleled discussions led by the most senior leaders in the industry today, including our unrivalled annual C-Suite panel sessions, […]
Cloud services to lower TCO by over 40 percent over five years Abu Dhabi, 31 January 2022: Etisalat Digital has announced that Transguard Group, the UAE’s leading business support and outsourcing provider, has selected Oracle Cloud Infrastructure (OCI) to migrate their on-premises solutions. This will lower the total cost of ownership (TCO) while giving Transguard the […]
The Biden administration plans to spare everyday Russians from the brunt of U.S. export controls if Russia invades Ukraine, and focus on targeting industrial sectors, a White House official said. “Key people” will also face “massive sanctions,” a top Commerce official said in a separate speech on Friday. The comments narrow the scope of potential […]