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Walter Grand

Walter Grand

Tim Cook wants more of your money

The head of Apple has said that raising the price of iPhones is not a problem. Cook is convinced that consumers will be willing to pay even more for the flagship devices. This is not the first time Apple has raised the price of its flagship models. Since 2017, top-end

Bithumb CEO arrested in South Korea

The South Korean prosecutor's office has reported the arrest of Kang Jong-hyun, the de facto owner of cryptocurrency exchange Bithumb. He is charged with embezzlement and securities fraud. Authorities added that in addition to Hyun, they arrested another person. His identity was not disclosed (listed under the pseudonym Cho).

Meta shocked investors in a good way with its Q4 report

For the first time in a long time, Meta presented a good report. The giant's revenues fell by $1.5 billion, but exceeded analysts' expectations. CEO Mark Zuckerberg called 2023 the "Year of Efficiency". Meta announced a $40bn share buyback, with costs also projected to fall to the $89bn to

South Korea to roll out crypto-asset tracking system

Authorities in South Korea plan to roll out a digital asset tracking system. Such an initiative will help stop money-laundering and chargeback fraud in the industry. Deployment of the system is planned for the first quarters of this year, but the country's ministry says the independent mechanism will be implemented

Chinese stocks are in unprecedented demand at the start of 2023

There are plenty of reasons for foreigners to return to the Chinese market. Fundamentals are creating positive expectations: the abolition of COVID-Zero, the opening of the borders and a recovery in business activity. In addition, rating agencies are expecting strong GDP growth this year.

Moonbirds founder loses $1.1m to scammers

Moonbirds founder Kevin Rose was the victim of a phishing attack. In fact, he gave his data to the scammer himself due to negligence. As a result, Rose lost $1.1 million in NFT. The Moonbirds founder announced the hack on his Twitter page. He asked to refrain from buying

South Korea arrests Bithumb crypto-exchange owner

The Seoul prosecutor's office has issued an arrest warrant for the real owner of crypto exchange Bithumb, businessman Kang Jong-hyun. He is accused of financial fraud through partner companies. Local authorities have accelerated their investigation in the wake of the recent high-profile incident. Recall that Bithumb's largest shareholder committed suicide,

UK central bank seeks new head of CBDC department

The UK Treasury has published a vacancy on Linkedin. The Treasury is looking for someone to head the CBDC department. According to the vacancy, the head will lead a team of around 20 people. The team will be looking at the potential of CBDC, finding ways to integrate it into

Ethereum developers have successfully deployed a shadow fork

Ethereum developers have shared news about the Shanghai hardfork. The other day they launched a shadow fork of the blockchain to test it. The hardfork itself is scheduled for March. The testing proved successful - there were a few minor glitches during the tests, but the developers fixed all the

TMK sold its assets in Europe to a Serbian company.

Investment company Hefestos Capital has acquired the European assets of the Pipe Metallurgical Company: two plants in Romania and their sales units in Europe and the USA. This is stated in the press-release of TMK Artrom SA, a former subsidiary of TMK, which incorporated the Romanian plants.