German agrees 100% depreciation of digital assets as part of economic stimulus measure

According to a statement from German Finance Minister Olaf Scholz, Germany will provide an annual tax relief of around 2.3 billion euros as part of part of a new measure to support purchases of digital assets, including computer software hardware. German state government and the federal government agreed on Tuesday, that digital assets could be…

British Airways’ IT issues continue to plague the airline

Customers at London Gatwick and at Newcastle airports have reported that they are unable to check-in. Flight departures have also been disrupted. On Wednesday, issues in British Airways’ IT systems led to stranded passengers, flight delays and long queues at airports. International Airlines Group owned-British Airways apologized to customers for the disruption in service saying…

South Korean cryptocurrency exchange Coinrail hacked

The hack occurred over the weekend. Coinrail has temporarily suspended trading in the virtual currency exchange. On Monday, with Coinrail, a South Korean cryptocurrency exchange, disclosing that it was hacked during the weekend, there followed an extended sell-off of bitcoin which saw it touch its 2-month low. In recent given the number of hacks involved…

Hackers gains access to millions of payment card details from Hudson’s Bay Co

JokerStash, a well known criminal group, has managed to breach Hudson’s Bay Co’s security systems and gain access to its payment cards data. Having penetrated the security systems of Hudson’s Bay Co, hackers have gained access to data on payment cards used at Saks and Lord & Taylor stores in North America, said Hudson’s Bay…