Russia to Legalize Cryptocurrency as Payment Method ‘Sooner or Later’, Minister says

Russia will sooner or later legalize cryptocurrencies as a means of payment, Industry and Trade Minister Denis Manturov said on Wednesday, May 18, implying that the government and central bank may possibly be moving closer to settling their differences. Just before Russia dispatched tens of thousands of its troops into Ukraine on February 24, the … Read more →

Saudi Aramco unseats Apple as World’s Most Valuable Company

Oil giant Saudi Aramco surpassed Apple to become the world’s most valuable company on Wednesday, May 11. Aramco’s market valuation settled at around $2.43 trillion on Wednesday. More than 5% of Apple shares fell on the same day, bringing the cap to $2.37 trillion. Energy prices and stocks continue to rise as investors sell off … Read more →

Apple to support Humanitarian Efforts in Response to Ukraine Crisis

Apple CEO Tim Cook expressed his concern about the ongoing crisis in Ukraine, announcing that the company shall be doing everything it can for its employees in the country as well as confirming to support local humanitarian efforts. Cook on February 25, Friday posted a tweet, sending his thoughts to those who found themselves in … Read more →

New Trojan Horse Could Take Your Internet Connection Hostage

The antivirus experts at CA have stumbled upon a new trojan horse in the “ransomware” category. That’s the category for software that will demand a ransom, as the name implies. This Russian trojan horse appears to be a download manager called “uFast Download Manager”. Once you launch it, a message will inform you that you’ve … Read more →