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Report: China Will Become a Metaverse Tech Leader During 2023

Report: China Will Become a Metaverse Tech Leader During 2023A report issued by Globaldata, a global consulting and data analysis company, predicts that China will become a leading country in metaverse tech during 2023. The firm believes that the development of other technologies like artificial intelligence (AI), virtual reality (VR), augmented reality (AR), and 6G will allow China to configure itself as a metaverse […]

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Binance Looking to Hire Developers, Support Staff in Romania

Binance Looking to Hire Developers, Support Staff in RomaniaGlobal crypto exchange Binance is now hiring IT specialists and customer service representatives for its operations in Romania. The leading coin trading platform is also engaged in a number of educational initiatives in collaboration with Romanian universities and authorities. Cryptocurrency Exchange Binance Recruiting Personnel for Romania Offices Binance, the largest crypto exchange by trading volume, […]

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Former Cohasset High School Employee Accused of Stealing Thousands in Electricity to Mine Bitcoin in School Campus Crawlspace

Former Cohasset High School Employee Accused of Stealing Thousands in Electricity to Mine Bitcoin in School Campus CrawlspaceA former school assistant facilities director in Cohasset, Massachusetts, has been accused of operating a cryptocurrency mining operation inside a crawlspace at Cohasset High School. The Cohasset Police Department alleges that Nadeam Nahas stole nearly $18,000 in electricity to power the crypto mining scheme. Former Cohasset School Employee Faces Charges for Electricity Theft in School […]

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Hive Ransomware Network Dismantled by American, European Law Enforcement

Hive Ransomware Network Dismantled by American, European Law EnforcementLaw enforcement authorities from over a dozen countries in Europe and North America have taken part in disrupting the activities of the Hive ransomware group, the U.S. Justice Department and Europol announced. Hive is believed to have targeted various organizations worldwide in the past couple of years, often extorting payments in cryptocurrency. Captured Decryption Keys […]

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Russian IT Firms Lobby for Crypto Payments in Software Exports

Russian IT Firms Lobby for Crypto Payments in Software ExportsCompanies developing software solutions for foreign customers are urging Russian authorities to allow them to accept crypto payments. The proposal is part of a package of measures aimed at supporting IT exports suggested by an industry organization to the executive power in Moscow. IT Businesses Call on Russian Government to Permit Cross-Border Crypto Settlements Russian […]

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Police in Kazakhstan Arrest Gang Forcing IT Specialists to Run Crypto Farms

Police in Kazakhstan Arrest Gang Forcing IT Specialists to Run Crypto FarmsLaw enforcement in Kazakhstan detained members of a crime group suspected of forcing IT experts into operating underground facilities for cryptocurrency mining with threats and blackmail. The racketeers allegedly made up to half a million U.S. dollars a month from their business. Kazakhstan Busts Illegal Crypto Mining Organization, Detains Dozens Authorities in Kazakhstan have arrested […]

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Fantom to pilot blockchain-based IT solutions in Uzbekistan

Fantom’s presence in Central and South Asia has expanded to Uzbekistan, with the partnership focusing on upscaling the country’s information technology infrastructure.

The Fantom Foundation has announced a joint venture with AG Mentors Group headed by former Uzbekistan Deputy Prime Minister Elyar Ganiev.

According to the announcement published on the Fantom Blog on Wednesday, the collaboration will use Fantom-based blockchain solutions to modernize the country’s IT infrastructure.

Fantom’s partnership with AG Mentors comes amid the Uzbekistan government’s digital transformation agenda. Back in 2020, President Shavkat Mirziyoyev laid out a plan to utilize digital technology to improve public services in the country dubbed “Strategy for Digital Uzbekistan.”

Fantom will reportedly provide tailored blockchain-based solutions in areas such as supply chain management, central bank digital currency and enterprise resource planning, among others.

According to the announcement, the Fantom Foundation plans to draw on its experience working with other governments in Central and South Asia.

Indeed, as previously reported by Cointelegraph, Fantom is currently engaged in a public-private partnership agreement with the government of Tajikistan. Fantom’s operations in Tajikistan are also tailored toward the IT sector with a focus on driving modernization in the country.

Apart from its partnership with the Tajik government, Fantom also has collaborative projects in Pakistan and Afghanistan. In Pakistan, Fantom is involved in developing blockchain-based solutions for the Punjab Prisons Department, while in Afghanistan, the blockchain project is working with the Ministry of Health to utilize decentralized technology in combating the spread of counterfeit pharmaceuticals.

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France Rejects Russian Request to Extradite BTC-e Operator Alexander Vinnik

France Rejects Russian Request to Extradite BTC-e Operator Alexander VinnikJudicial authorities in France have refused to grant the extradition request filed by Russia for Alexander Vinnik. According to the Russian Ombudsman, Vinnik is now ready to start a new hunger strike despite his health deteriorating after spending almost four years in detention. Court Case Against Vinnik Continues in France The operator of the infamous […]

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