Company News

Chat App Giant Kakao All Set to Promote Its Crypto Wallet “Klip” in 2020

By Sarah Lavallee December 2, 2019

Kakao, the Chat App Giant of Korea and also the developer of the Klaytn blockchain, has recently announced to launch its own crypto wallet called “Klip” as early as in the first quarter of 2020. It will allow 50 million active users of the existing KakaoTalk Chat app to experience the blockchain by linking the […]Continue Reading

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New South Wales to Install the World’s First Mobile Phone Detection Cameras on Roads

By Adrian Todaro December 2, 2019

New South Wales installed the world’s first mobile-phone detection camera on its roads to detect car drivers using mobile phones while driving. The cameras are built to operate 24×7 and withstand all weather conditions. The state plans to install 45 such cameras in the next three years. New South Wales Minister of Transport, Andrew Constance, […]Continue Reading

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Sri Lanka to Receive 450 Million USD as Line of Credit From India

By Sarah Lavallee November 30, 2019

According to the latest reports, India has announced total financial assistance of 450 million USD to Sri Lanka. The move was officially announced on Friday, November 29, 2019, by India’s Prime Minister Narendra Modi. The line of credit includes 50 million USD to help Sri Lanka fight terrorism. The remaining 400 million USD are set […]Continue Reading

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Bill in Germany Calls for Allowing Banks to Store Cryptocurrency From 2020

By Brian Stanley November 29, 2019

A new bill proposed in the German Parliament has provisions to allow customers to store their Bitcoin other cryptocurrencies in German banks from 2020. The bill will allow banks to treat cryptocurrency, just like any other traditional asset. Also, banks will enable transactions in cryptocurrency on their online banking platforms. The adoption of cryptocurrency has […]Continue Reading

Company News

Korea’s Wealth Funds of $145 Billion Moves Towards Fixed Income Assets

By Adrian Todaro November 29, 2019

In 2018, a sudden shift in the market conditions, South Korea’s wealth funds of worth $145 billion got ignited, and now, there is planning to add it to the bonds or fixed assets and globally cut the shares to secure the returns in double-digit in 2019. In 2005, Korea Investment Corp was founded. The chief […]Continue Reading

Trading News

US Supports Anti-government Protestors of Hong Kong in Response to the Fall in Oil Prices

By Norma Stanley November 28, 2019

The rise in the prices of US crude and gasoline stocks marked a sharp fall in prices of oil. The data published on Wednesday showed a fall in the price of Brent Crude oil by 19%, which is $63.87 a barrel by 0854 GMT, having dropped by 0.3%. Whereas, West Texas Intermediate crude fell by […]Continue Reading

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The United States Decides to Cut Down Nato Funding From Next Year

By Sarah Lavallee November 28, 2019

Trump Administration is all set to cut its contribution to NATO’s budget substantially from next year. The move comes at a delicate time because the president is going to be in London to attend the 70th anniversary of the transatlantic alliance. At this point, the US contributes 22% of the total NATO budget. Most of […]Continue Reading

Company News

Kaspersky Introduces a Holy Grail for Black Friday

By Evan Vaughn November 28, 2019

With Black Friday ready to jump-start, merchants are preparing to give out the best deals to their customers. In the midst of all the shopping rage, Kaspersky has geared up for the big day with its brand new interactive device to enable consumers to spot the differences between actual bargains and duplicate sites. The equipment […]Continue Reading

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Hackers Target Docker Systems With Exposed API Endpoints for Mining Monero

By Brian Stanley November 28, 2019

Cybersecurity firm Bad Packets LLC has found a group of hackers is actively scanning the internet for Docker accounts with exposed application programming interface endpoints (API) and use them for mining of the cryptocurrency Monero. The hacker group is currently scanning more than 59,000 IP networks for API vulnerability. Monero is a privacy coin, which […]Continue Reading

Trading News

Michigan’s Municipal Employees Retirement System Buys Shares of $319,000 in First Defiance Financial

By Adrian Todaro November 28, 2019

Recently, Michigan’s Municipal Employees Retirement System invests a sum of $319,000 and buys shares of First Defiance Financial during the third quarter in a recent 13F filing with SEC (Securities and Exchange Commission). According to the reports, the company purchases 11,000 saving shares and loans the company’s stocks worth $319,000. Now, Michigan’s Municipal Continue Reading