February, 2025

February, 2025

Office of Foreign Assets Control (OFAC) Sanctions Russian Ransomware Enabler Zservers
The US Department of the Treasury, Office of Foreign Assets Control (OFAC), has partnered with Australia and the UK to sanction Zservers as it is an enabler of LockBit, a Russian ransomware group. Loc...

Trustly and Kivra to Enhance Digital Payments in Sweden
Kivra and Trustly have reportedly developed a new generation of Autogiro, making automatic payments easier. The service allows users to register direct debit with a simple BankID confirmation, “lowe...

Fintech Ripple Brings Crypto-enabled Cross-Border Payments to Portugal
Ripple, the provider of digital asset infrastructure for financial institutions, announced a partnership with Portuguese currency exchange provider Unicâmbio to support instant cross-border payments ...

UK’s Lloyds Bank Faces Criticism from Union over IT Restructuring Program
Lloyds Bank is implementing a significant restructuring program that will result in the layoff of 300 engineering staff, according to reports. The program is said to be part of Lloyds’ broader trans...

Plaid Collaborates with Goldman Sachs on Tender Offer at Possible Lower Valuation: Report
Plaid, a company specializing in connecting bank accounts to financial applications, is reportedly working with Goldman Sachs (NYSE: GS) on a tender offer. This deal aims to enable early-stage investo...

Air taxis: the latest on the flying electric cars bringing the Jetsons dream to life
An Archer eVTOL. | Image: Archer There’s a future where we don’t need roads and regular folks like you and me can jump into a boat-sized electric pod and just fly anywhere on a whim. While we�...

EU mobilizes $200 billion in AI race against US and China
EU Commision President Ursula von der Leyen announced the news at the AI Action Summit in Paris. | Illustration: Cath Virginia / The Verge The European Union says it will channel €200 billion...

Meta wants to teach kids how to spot predators online
Meta has partnered with the nonprofit organization Childhelp to create a curriculum that will teach middle schoolers how to recognize forms of online exploitation, such as sextortion scams and gro...

Don’t wait around for Pebble founder’s Small Android Phone
In 2023, when I realized small phones were truly dead, I decided I couldn’t wait for the Small Android Phone Project to revive them. That project, from the founder of the Pebble smartwatch, just...

Bitcoin’s Diamond Hands Double Down, Targets All-Time High
Since the beginning of February, Bitcoin has had difficulty stabilizing above the $100,000 mark. Donald Trump’s tariff wars have triggered significant market volatility, keeping traders on edge. ...

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February