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Sensitive DeepSeek Data Exposed to Web, Says Cyber Firm 'Wiz'
Wiz said that scans of DeepSeek's infrastructure showed that the company had accidentally left more than a million lines of data available unsecured. Those included digital software keys and chat logs that appeared to capture prompts being sent from users to the company's free AI assistant.
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Budget 2025: Crypto Industry Seeks Digital Asset Innovation, Simple Tax Structure and More
The Union Budget for 2025 is set to be announced on February 1. Apart from reiterating the need for a revision in crypto tax rates, Indian crypto firms have asked the government to prioritise steps that keep the country in competition with other regions, especially with regard to emerging technologies.
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OpenAI To Face Indian Digital News Firms In Copyright Battle: Report
Digital news units and other outlets like the Indian Express and the Hindustan Times have mounted a legal challenge against OpenAI's improper use of copyright content, legal papers show.
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India Delays UPI Payments Market Share Cap in Relief for PhonePe, Google Pay
India has pushed back the implementation of market share caps for UPI apps like Google Pay and PhonePe. According to the proposal, first made in November 2020, digital payment firms would not be allowed to hold more than 30 percent share of the volume of transactions processed via India's popular unified payments interface (UPI).
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Dubai-Based Bybit Faces Regulatory Action in Malaysia Over Alleged Unlicensed Operations
The Securities Commission Malaysia (SC) has directed Bybit to disable its services in the Southeast Asian nation. According to an official statement released by the SC, the Dubai-based exchange has been operating its digital asset exchange service (DAX) illegally in Malaysia.
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Nokia Could Be Developing a Digital Asset Encryption Device, Patent Filing Suggests
Nokia's patent filing reveals plans to develop a system aimed at securing valuable cryptocurrencies. The company intends to achieve this by harnessing recent advancements in encryption technology.
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India Blockchain Alliance Partners With RAK-DAO to Promote Cooperation in Web3
On Monday, December 16 India Blockchain Alliance (IBA) announced a partnership with UAE’s free zone for Web3 firms – the Ras Al-Khaimah Digital Assets Oasis (RAK DAO). The aim of this partnership is to take collaborations on Web3 related education, research, and development initiatives on a global level.
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Goldman Sachs Plans to Spin Out Blockchain-Based Digital Assets Platform : Report
Goldman Sachs is working to create a crypto platform. The company, presently, is in talks with various other fintech and Web3 firms which, it feels, have the potential to become partners and load the crypto platform with various features.
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EBA Establishes Stricter Oversight for Firms Handling Crypto-Assets and Payments: Details
The European Banking Authority (EBA) has directed payment service providers to screen all firms seeking to register their businesses in EU member states. Additionally, EU lawmakers have mandated that virtual digital asset service providers (VASPs) conduct comprehensive due diligence, including detailed risk assessments.
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India, Qatar's Financial Intelligence Units Partner to Combat Money Laundering through Virtual Digital Assets
This week, the Financial Intelligence Units of India and the UAE met in New Delhi to finalise an agreement. The two nations committed to collaborating in efforts to prevent the misuse of crypto assets by unlawful entities for illicit financial transfers.
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Crypto Firms Including Robinhood, Kraken Launch Global Stablecoin Network
The aim of the newly formed Global Dollar Network is to accelerate usage of stablecoins worldwide and promote an asset that provides proportionate economic benefits to its partners, the companies said.
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Crypto-Friendly Dubai Issues Cease-and-Desist Orders Against Seven Entities, Here’s Why
Dubai is now identifying illegal crypto entities operating within its region. VARA released a statement on the situation this week, claiming that this move is aimed at strengthening its enforcement programme against law evaders. The authority, however, has not disclosed the names of the entities in question.Â
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Qatar Financial Centre Activates Digital Assets Lab Nearly a Year After Announcement
The Qatar Financial Centre (QFC), located in Doha, has activated the ‘Digital Assets Lab’ that is aimed at enabling the development, testing, and commercialisation of Web3 services. As part of this initiative, leading Web3 firms such as Polygon, Partior, and ALT Realtech have been selected to develop blockchain-based solutions tailored to their...
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HMD 105 4G, HMD 110 4G With YouTube and UPI Support Launched in India: Price, Specifications
HMD 105 4G and HMD 110 4G were launched in India as the latest feature phones by Human Mobile Devices. They come in multiple colour options and offer YouTube access. The HMD 105 4G and HMD 110 4G have a preloaded UPI application that can be used for digital transactions without internet access. The HMD 105 4G and HMD 110 4G pack a 1,450mAh battery ...
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North Korean Hackers Intensifying Attacks on Crypto Sector, FBI Warns
The FBI has said that North Korean hackers are increasingly deploying sophisticated hack attacks over the crypto sector. The aim of these hackers, as per the FBI, is to steal hefty crypto reserves from firms that are operating services around digital assets.
-
Sensitive DeepSeek Data Exposed to Web, Says Cyber Firm 'Wiz'
Wiz said that scans of DeepSeek's infrastructure showed that the company had accidentally left more than a million lines of data available unsecured. Those included digital software keys and chat logs that appeared to capture prompts being sent from users to the company's free AI assistant.
-
Budget 2025: Crypto Industry Seeks Digital Asset Innovation, Simple Tax Structure and More
The Union Budget for 2025 is set to be announced on February 1. Apart from reiterating the need for a revision in crypto tax rates, Indian crypto firms have asked the government to prioritise steps that keep the country in competition with other regions, especially with regard to emerging technologies.
-
OpenAI To Face Indian Digital News Firms In Copyright Battle: Report
Digital news units and other outlets like the Indian Express and the Hindustan Times have mounted a legal challenge against OpenAI's improper use of copyright content, legal papers show.
-
India Delays UPI Payments Market Share Cap in Relief for PhonePe, Google Pay
India has pushed back the implementation of market share caps for UPI apps like Google Pay and PhonePe. According to the proposal, first made in November 2020, digital payment firms would not be allowed to hold more than 30 percent share of the volume of transactions processed via India's popular unified payments interface (UPI).
-
Dubai-Based Bybit Faces Regulatory Action in Malaysia Over Alleged Unlicensed Operations
The Securities Commission Malaysia (SC) has directed Bybit to disable its services in the Southeast Asian nation. According to an official statement released by the SC, the Dubai-based exchange has been operating its digital asset exchange service (DAX) illegally in Malaysia.
-
Nokia Could Be Developing a Digital Asset Encryption Device, Patent Filing Suggests
Nokia's patent filing reveals plans to develop a system aimed at securing valuable cryptocurrencies. The company intends to achieve this by harnessing recent advancements in encryption technology.
-
India Blockchain Alliance Partners With RAK-DAO to Promote Cooperation in Web3
On Monday, December 16 India Blockchain Alliance (IBA) announced a partnership with UAE’s free zone for Web3 firms – the Ras Al-Khaimah Digital Assets Oasis (RAK DAO). The aim of this partnership is to take collaborations on Web3 related education, research, and development initiatives on a global level.
-
Goldman Sachs Plans to Spin Out Blockchain-Based Digital Assets Platform : Report
Goldman Sachs is working to create a crypto platform. The company, presently, is in talks with various other fintech and Web3 firms which, it feels, have the potential to become partners and load the crypto platform with various features.
-
EBA Establishes Stricter Oversight for Firms Handling Crypto-Assets and Payments: Details
The European Banking Authority (EBA) has directed payment service providers to screen all firms seeking to register their businesses in EU member states. Additionally, EU lawmakers have mandated that virtual digital asset service providers (VASPs) conduct comprehensive due diligence, including detailed risk assessments.
-
India, Qatar's Financial Intelligence Units Partner to Combat Money Laundering through Virtual Digital Assets
This week, the Financial Intelligence Units of India and the UAE met in New Delhi to finalise an agreement. The two nations committed to collaborating in efforts to prevent the misuse of crypto assets by unlawful entities for illicit financial transfers.
-
Crypto Firms Including Robinhood, Kraken Launch Global Stablecoin Network
The aim of the newly formed Global Dollar Network is to accelerate usage of stablecoins worldwide and promote an asset that provides proportionate economic benefits to its partners, the companies said.
-
Crypto-Friendly Dubai Issues Cease-and-Desist Orders Against Seven Entities, Here’s Why
Dubai is now identifying illegal crypto entities operating within its region. VARA released a statement on the situation this week, claiming that this move is aimed at strengthening its enforcement programme against law evaders. The authority, however, has not disclosed the names of the entities in question.Â
-
Qatar Financial Centre Activates Digital Assets Lab Nearly a Year After Announcement
The Qatar Financial Centre (QFC), located in Doha, has activated the ‘Digital Assets Lab’ that is aimed at enabling the development, testing, and commercialisation of Web3 services. As part of this initiative, leading Web3 firms such as Polygon, Partior, and ALT Realtech have been selected to develop blockchain-based solutions tailored to their...
-
HMD 105 4G, HMD 110 4G With YouTube and UPI Support Launched in India: Price, Specifications
HMD 105 4G and HMD 110 4G were launched in India as the latest feature phones by Human Mobile Devices. They come in multiple colour options and offer YouTube access. The HMD 105 4G and HMD 110 4G have a preloaded UPI application that can be used for digital transactions without internet access. The HMD 105 4G and HMD 110 4G pack a 1,450mAh battery ...
-
North Korean Hackers Intensifying Attacks on Crypto Sector, FBI Warns
The FBI has said that North Korean hackers are increasingly deploying sophisticated hack attacks over the crypto sector. The aim of these hackers, as per the FBI, is to steal hefty crypto reserves from firms that are operating services around digital assets.
