Latest Articles
Apple to Run Its Launch Event on September 7, New iPhones Are Expected
By Darya Rudz
• 3 mins read
The September event will be the first time since Covid-19 pandemic Apple will host it indoors. Apple website will stream it online as well.
Beijing Reveals Two-year Innovation and Development Plan for Metaverse
By Darya Rudz
• 3 mins read
In its metaverse initiative, Beijing follows the Shanghai city that revealed a five-year strategy that focuses on cultivating metaverse industry. By 2025, the local government is planning to create more than 100 companies that master core metaverse technologies.
China to Accept e-CNY Payment for Public Transport within CBDC Testing
By Darya Rudz
• 3 mins read
This year, the authorities have significantly expanded the use of the CBDC, and its adoption has been growing despite concerns that China might use it to violate the privacy rights of its citizens.
Brian Armstrong: Coinbase to Cut Costs and Shift Its Focus to Subscriptions
By Darya Rudz
• 3 mins read
In addition to deciding to cut costs, Coinbase might shift its focus to subsciption services that give 18% of the company’s revenue. Currently, the company offers Cloud services and a separate subscription product, Coinbase One.
Meta Officially Rolls Out Its New ID System for Metaverse
By Darya Rudz
• 3 mins read
The new ID system introduced by Meta provides users with “more flexibility and control.” The transfer will be gradual.
JD.com Beats Expectations in Q2 2022 but Reports Lowest Annual Revenue Growth on Record
By Darya Rudz
• 3 mins read
For Q3 2022, JD.com is predicting a decline in the revenue. But it is too early now to say how it will go, as the company’s performance will partially depend on the economic situation in China.
Tencent Secures Patent for Blockchain-Based Missing Person Poster
By Darya Rudz
• 3 mins read
Tencent has been one of the earliest adopters of blockchain in China, and the novel patent is a kind of experiment with the distributed ledger technology. It is especially topical now, when the Chinese regulators are watching blockchain and crypto-related businesses so closely.
Netflix Moving towards Cloud Gaming as It Looks for New Hires
By Darya Rudz
• 3 mins read
Notably, the current library of just under 20 mobile gaming titles offered by Netflix is not that popular as it was expected. But when it comes to cloud gaming, it is likely to open more growth opportunities for the company.
Hackers Stealing Crypto from General Bytes Bitcoin ATMs via ‘Zero Day’ Vulnerability
By Darya Rudz
• 3 mins read
Following the attack, General Bytes deactivated the ATMs and asked all users to reset passwords, modify and upgrade their servers and firewalls, as well as review access permissions before using its terminals again.
Ronin Attackers Transfer Stolen $625 Million to Bitcoin Network
By Darya Rudz
• 3 mins read
The latest findings show that the attackers converted the rest of the Ronin assets to renBTC using 1inch or Uniswap. Since Ren allows transferring value between blockchains, the hackers managed to bridge the assets from Ethereum to the Bitcoin network.