North Korea-linked hackers stole $1.7b in 2022

North Korea-backed hackers stole $1.7bn (£1.4bn) of crypto in 2022, says blockchain analysis firm Chainalysis.This nearly quadruples the country's previous record for cryptocurrency theft - $429m in 2021. The loot also made up 44% of the $3.8bn…

Government promises robust crypto regulation

The government is announcing measures to "robustly" regulate the cryptocurrency industry. It says the proposals, being published on Wednesday, will give consumers confidence while allowing the sector to "thrive". Critics say ministers should take a…

Microsoft to cut 10,000 jobs as spending slows

Microsoft will cut 10,000 jobs in the latest round of staff redundancies to hit the tech industry. It will affect up to 5% of its global workforce and cost the business $1.2bn (£972m) in severance and reorganization costs.Microsoft chief executive…

WhatsApp to enable messaging in internet blackouts

Instant-messaging service WhatsApp is letting users connect via proxy servers so they can stay online if the internet is blocked or disrupted by shutdowns. The technology giant, owned by Meta, said it hoped blackouts such as those in Iran "never…

Logan Paul apologises for CryptoZoo project failure

YouTuber Logan Paul has apologised to fans who lost money after investing in his cryptocurrency game, CryptoZoo. The 27-year-old encouraged people to buy cryptocurrency collectables for what he called a "really fun game that makes you money".But…

Tech shares tumble amid supply issues

Apple and Tesla stocks have tumbled over growing concerns about delays in their production lines in China. Apple shares hit their lowest point since June 2021. Tesla's stock has dropped 73% from a record high in November 2021.Companies have…

Former FTX boss Sam Bankman-Fried agrees to be extradited to US

Sam Bankman-Fried, the former boss of the bankrupt cryptocurrency exchange FTX, has agreed to be extradited from the Bahamas to the US to face charges. US authorities have accused Mr. Bankman-Fried of committing "one of the biggest financial frauds…

Twitter blocks users from sharing Mastodon links

Twitter has blocked its users from sharing some links to its social media rival Mastodon. Mastodon is divided into groups, called servers, based on many topics including the UK, snooker, and security.Twitter has blocked links to some of the largest…

Telecommunications Commission (TCTC) completes its Emergency Preparedness Agreement with stakeholders

The Turks and Caicos Islands Telecommunications Commission (TCTC) has successfully completed its Emergency Preparedness Agreement (EPA) between the Islands' network operators, Digicel and Flow, with support from Cenerva. The EPA marks the final…

Ethereum change cut cryptocurrency power demand

A change in the way the cryptocurrency Ethereum works may have cut its power consumption by country-sized amounts. The amount of electricity saved is similar to that used by Ireland or even Austria, work published in the data-science journal…