Hong Kong is the latest jurisdiction to regulate digital assets, as the Chinese special administrative region today introduced rules for funds who invest in cryptocurrencies while also offering to register exchanges. The rules, announced by Hong Kong’s Securities and Futures Commission, are claimed to bring virtual asset portfolio managers and distributors of virtual asset funds under its ...

The Fédération Internationale de Football Association, better known as FIFA, has been the victim of a phishing attack that resulted in data stolen. The hack of soccer’s world governing body is reported to have occurred in March and involved theft of private correspondence, including emails that have since been passed on to German magazine Der ...

Ford Motor Co., fresh from obtaining approval to test self-driving cars in Washington D.C., today announced that it has inked a deal with Chinese tech giant Baidu Inc. to test their autonomous vehicles in China. Under the “two-year joint autonomous vehicle test project,” Ford vehicles will be tested on the roads of Beijing with the ...

Troubled augmented and virtual reality startup Leap Motion Inc. turned down two acquisition offers from Apple Inc. on the basis that one of the company’s founders wasn’t a fan of the company Steve Jobs built, according to one report. Business Insider claimed that Apple first tried to acquire Leap Motion in 2013 before offering to acquire it ...

The cryptocurrency community today will be celebrating the 10th anniversary of the release of a Bitcoin Whitepaper, the document authored by Satoshi Nakamoto that led not only to the establishment of bitcoin but the broader implementation of blockchain-based cryptocurrencies. While not always popular in the broader tech community, 10 years on “bitcoin’s mark on this ...

A government employee has been blamed for infecting the computer network of the U.S. Geological Survey with malware thanks to his predilection for surfing porn on his work laptop. The activities of the unnamed and, not surprisingly, now former employee were detailed in a report published earlier this month by the Office of the Inspector ...

Waymo LLC has obtained a license from the California Department of Motor Vehicles to test its fully driverless cars in the state, the first company to be granted a license to do so. The DMV permit allows the company, previously known as Google LLC’s self-driving car project, to test a maximum of 40 vehicles of California roads day and ...

Coinbase Inc., the first cryptocurrency exchange to become a “unicorn,” is now multiple times bigger on paper, raising $300 million in new funding on an $8 billion valuation. The Series E round announced today was led by Tiger Global Management and included Y Combinator Continuity, Wellington Management, Andreessen Horowitz, Polychain and unspecified others. The newly raised ...

One of the oldest operating cryptocurrency exchanges, Bitstamp Ltd., has been acquired by Belgian investment firm NXMH. The price of the deal was not disclosed, but CCN reported Monday that Bitstamp was seeking as much as $400 million and was in the final stages of inking an agreement with a South Korean investment firm before the acquisition ...

The battle royale game Fortnite has continued to smash records in popularity, complete with a $1.25 billion investment for its parent company last week. Unfortunately, it’s also breaking records when it comes to scams and malware. A new report Monday from cybersecurity firm ZeroFOX reports 53,000 malicious activity alerts in relation to the game, with 86 percent of ...