Innovation & Tools
AT&T winds down 3G networks - 02/23/2022
AT&T, the largest telecommunications company in the United States, is ending its third-generation (3G) network service. "For over 20 years, we've been providing a wide range of services across 3G networks. We will stop providing service as of today, February 22nd", the company said. AT&T users will be able to use more current networks, such as 4G and 5G, while the now-obsolete 3G networks...
Blue Origin sets to build more rockets for space tourism - 02/22/2022
Blue Origin CEO Bob Smith announced that the company plans to produce more New Shepard rockets in order to accommodate the growing demand for space tourism. He mentioned this at a seminar on commercial space transportation convened by the US Federal Aviation Administration in Washington, D.C. Mr. Smith stated: "I believe the primary challenge for Blue Origin at this point is that we can't meet...
China sets to conquer metaverses - 02/15/2022
The biggest Chinese tech firms have started to invest in metaverses. CNBC reports on a new technique of making money in China. Governmental censorship, state regulation of the technology industry, and the war against cryptocurrencies will decide the characteristics of Chinese meta-villages. A metaverse is a permanent virtual realm where people can interact utilizing virtual reality headsets and...
Analysts: Total amount of ransom received by hackers over two years amounts to $1.3B - 02/11/2022
In two years, ransomware hackers have received at least $1.3 billion from their victims, analysts estimated. According to their data, last year, because of the attackers' targeting of large businesses, the average ransom amount increased and exceeded $118,000. Over the past two years, cybercriminals have received a total of $1.3 billion in ransom payments from their victims, according to a report...
EU, US watchdogs warn banks of cyberattacks threats from Russia - 02/10/2022
European and American regulators warned banks about the threat of cyberattacks from Russia, Reuters learned. The European Central Bank (ECB) has warned banks about the risk of cyber attacks from Russia amid tensions with Ukraine, Reuters reported citing sources. According to one of them, the banks conducted cyber training to test their ability to repel hacker attacks. According to the...
Apple introduces contactless payments via iPhone - 02/09/2022
Apple Corp. is introducing "Tap to Pay" contactless payment acceptance feature on iPhone smartphones for the U.S. market. Now, payment can be accepted both by contactless bank card and through a payment platform, the company said in a press release. "Apple today announced plans to introduce the "Tap to Pay" feature for iPhones. The new feature will allow millions of merchants in the U.S. ... to...
Real estate sales in metaverses exceed $500M in 2021 - 02/02/2022
Virtual real estate sales in metaverses will exceed $500m in 2021, CNBC reported. Sales of virtual real estate in the four major metaverses reached $501 million last year, CNBC reported, citing data from analysts at MetaMetric Solutions. This amount is accounted for by the "big four" companies: Sandbox, Cryptovoxels, Decentraland and Somnium. Apart from them, dozens of companies are selling...
Lamborghini to switch to electric cars and hybrids - 01/24/2022
Lamborghini will stop producing only petrol cars next year and will introduce its first plug-in hybrid, the head of the group said. In 2024, the company intends to electrify the entire range, and after 2025, it will introduce a battery-powered car. The Italian automaker Lamborghini will stop producing only cars with internal combustion engines next year, the head of the company Stephan Winkelmann...
Cryptocurrency operator notes Bitcoin's share in cryptopayments down by a third - 01/17/2022
Bitcoin's share of cryptocurrency payments fell by about a third in 2021, a major operator noted. Bitcoin's share of cryptocurrency payments will fall by about a third in 2021, one of the largest platforms for such transactions, BitPay, told Bloomberg. Bitcoin's share of cryptocurrency payments in 2021 was 65%, down from 92% in 2020, Bloomberg reported. People and businesses are more likely to...
Largest darknet seller of stolen credit cards announces closure - 01/14/2022
UniCC, the largest seller of stolen credit cards on the darknet, has announced its closure. The site said goodbye to its audience. Earlier, several other similar shops had closed down. Experts attribute this to the US efforts to combat cybercrime. UniCC, the largest seller of stolen credit cards, has announced its closure on darknet forums, Bloomberg reports, citing blockchain analytics company...