The global market for legal cannabis is anticipated to register a growth of CAGR of 21.1% between 2017 and 2024 according to a market research report published by Ameri Research Inc. The report states that the market was valued at a total of $14.3 billion in 2016. In 2024, that market would be worth $63.5 billion.…
With much of its exports to China being blocked by U.N sanction, an impoverished and increasingly cornered North Korea has taken the cyber route to enriching itself. With the recent surge in the price of bitcoins, cyber security experts opine the net worth of its stolen tokens amount to $82 million. With more international sanctions…
While the 1st attack has been linked to North Korea’s spy agency, South Korea’s KISA along with local law enforcement agencies have begun investigating the hack in which 4,000 bitcoins were stolen. On Tuesday, Youbit, a South Korean cryptocurrency exchange disclosed, it was shutting down for bankruptcy following a second hacking attack this year. The…
The U.K Justice secretary of the view that there should be banning of the sale of miniature mobile phones by online retailers because the design of the phones is such that is easy to be smuggled into prisons. The body orifice security scanners that are used in England and Wales would not be able to…
Uber Technologies collaborates with Creative Media Works to allow users across the globe to book rides through the popular BBM Messenger. On Monday, Uber Technologies stated it is collaborating with Creative Media Works, which operates as BBM Messenger, to allow users around the globe to book rides via the messenger service. ”With this partnership, BBM…
The cryptocurrency is making steady gains towards legitimacy, a move which is likely to draw attention of institutional investors. The bitcoin hit yet another milestone with the CME Group, the world’s largest derivatives exchange operator, launching trading in bitcoin futures. This step towards legitimacy is likely to attract large institutional investors towards it. Trading on…
BP had made significant investments in renewable energy and was in a leading position among industry peers at a time when companies were going green. It was amongst the first oil majors to accept the linkage between fossil fuel burning and global warming. And it had coined the slogan “Beyond Petroleum.” But the Gulf of…
SpaceX marched another step closer to its aim of achieving complete reusability of rockets after the company recently launched and landed a used rocket as part of a delivery mission for NASA. SpaceX’s robotic Dragon capsule was sent on a resupply mission to the International Space Station (ISS) with the help of the company’s two-stage Falcon…
For BMW AG, striking compelling deals for the long term supply of cobalt in a market where there is a growing shortage of the most important material for battery production for electric vehicles, is crucial as the German auto maker believes that by the middle of the next decade, its need for cobalt and lithium…
Cryptocurrencies are being unwittingly mined by the users of four popular video sites every month. According to a report on the practice of the so called cryptojacking, the number of visitors in this case is almost one billion. According to security firm Adguard, tokens for the bitcoin-like cryptocurrency Monero are being created as cryptocurrency mining…
