British snacks producer Kenyon Produce (KP) Snacks has fallen victim to a ransomware attack that caused some disruptions to its manufacturing and distribution operations.

The German-owned company says it became aware of the attack on January 28, and that it immediately took the necessary steps to contain the incident.

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The Financial Sector Conduct Authority (FSCA) has warned the investing public to be cautious when trading on the cryptocurrency platforms FTX and Bybit. The FSCA alleges that neither entity has been licensed to trade in Contracts for Difference (CFD) or to provide financial advisory and intermediary services in South Africa. FTX Not Authorized to Give […]

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A Quantum Economics chief says he believes crypto is key to the future of gaming.

Her Majesty’s Revenue and Customs Office has updated the tax rules that govern decentralized finance and staking.

This article was published as a part of the Data Science Blogathon. In this article, we shall discuss the upcoming innovations in the field of artificial intelligence, big data, machine learning and overall, Data Science Trends in 2022. Times change, technology improves and our lives get better. Deep learning, natural language processing, and computer vision are examples […]

The post Top 10 AI and Data Science Trends in 2022 appeared first on Analytics Vidhya.

Leading exchanges, polled by the Russian press, have indicated they are not afraid of the upcoming strict crypto regulations. A requirement for coin trading platforms to establish a local office is one of the proposals in a regulatory roadmap drafted by the government in Moscow. Cryptocurrency Exchanges to Set Up Shop in Russian Federation Some […]

Japan-headquartered crypto exchange company Liquid Group and all of its operating subsidiaries including Quoine Corporation, today announced it is being acquired by FTX Trading Ltd, a crypto asset exchange offering spot, derivatives, NFTs, and other services. Following FTX’s acquisition of Liquid, Quoine will gradually integrate FTX’s products and services into its own offering, and FTX’s […]

The post Crypto exchange company FTX acquires Japan exchange Liquid.com appeared first on CryptoNinjas.

The Web3 analytics platform Dune Analytics has announced it has closed a $69.4 million Series B fundraise led by Coatue. The firm’s latest fundraise follows the company’s Series A last August when Dune Analytics raised $8 million. With the Series A and B combined, the firm has been propelled to unicorn status with a post-money […]

Meta's disappointing Q4 2021 report caused a massive plunge in its stock, currently down over 22% in the after-hours trading session.

Crypto exchange FTX is acquiring Japan’s Liquid Group and its operating subsidiaries to bolster up its Asia expansion. The acquisition comes less than 48 hours after FTX raised $400 million at a $32 billion valuation in the latest Series C funding round. According to an official press release, the acquisition deal includes Quoine Corporation and its Singapore subsidiary. In 2017, Quoine was one of the first cryptocurrency exchanges to register with Japan’s Financial Services Agency, the country’s top financial regulator. Liquid said the deal with FTX is set to conclude by the end of March 2022 subject to regulatory and shareholder approval. Once the acquisition is completed, Quoine will gradually start integrating FTX’s products and services into its own platform and thereafter serve all of FTX’s Japanese clients. “Following FTX’s acquisition of Liquid, Quoine will gradually integrate FTX’s products and services into its own offering, and FTX’s existing Japanese customers will be migrated to Quoine’s platform,” the announcement release reads. “In connection with this acquisition, FTX has also entered into an agreement with Liquid to provide its existing Japanese users with services in compliance with Japanese laws, and will transfer its existing Japanese users to Quoine.” Liquid-FTX Connections Founded in 2014, Liquid is one of the world’s largest crypto exchanges in daily trading volume, with nearly $72 million, according to CoinMarketCap. The platform offers both spot trading and financial derivatives. FTX is one of the leading centralized crypto exchanges with a daily trading volume above $10 billion across spot and derivatives markets, per CoinGecko. FTX is already familiar with Liquid. In August 2021, when Liquid was hacked for more than $90 million, FTX came to its rescue and provided $120 million in debt financing to help cover its losses.

The post FTX Buys Japanese Crypto Exchange Liquid Group for Asia Expansion appeared first on Cryptoknowmics-Crypto News and Media Platform.

Revolut, a London-based digital bank, has entered into the insurtech sector through the launch of a pet insurance product to help pet-owning customers to maintain the good health of their furry fri...