Crypto platforms — and investors — have long suffered from hacker attacks and exploits. Now, artificial intelligence (AI) is making that threat even worse. That’s the view of Charles Guillemet, chief technology officer at crypto wallet provider Ledger, who said the economics of cybersecurity are breaking down as AI tools make it faster and cheaper…
Oman’s New Tiered Expat Work Permit Fees: Incentives for Omanisation Compliance The Sultanate of Oman is shaking up how companies hire foreign workers by introducing a tiered fee structure for expatriate work permits that directly ties costs to compliance with national employment targets known as Omanisation. The move, announced this week by the Ministry of…
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NEW DELHI: Among the key terms of the India-US joint statement is both sides’ agreeing to strengthen economic security alignment to enhance supply chain resilience and innovation through complementary actions, addressing “non-market policies of third parties, as well as cooperation on inbound and outbound investment reviews and export controls”. The tacit “non-market” reference to China…
At first glance, the $19 billion liquidity wipeout on Oct. 10 looked routine: a rapid chain of liquidations, or forced closures of trading positions, across major exchanges as bitcoin BTC$77,706.11, the largest cryptocurrency, tumbled. It’s what followed, and the lack of transparency over the day’s events, that’s made the largest single-day liquidation by dollar value…
As if continuing declines in the bitcoin price weren’t enough, shares of bitcoin miners who have shifted their business plan to focus on AI infrastructure were mostly sharply lower Monday following Nvidia’s $2 billion investment in CoreWeave. While the investment underscores growing demand for high-performance computing as AI applications expand, it also highlights the challenges…
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Himanta Biswa Sarma, Atul Bora (left); Gaurav Gogoi, Lurin Jyoti Gogoi, Akhil Gogoi (Right) NEW DELHI: As the people of the “tea state” prepare to elect a new government on April 9, “Asomiya jatiyotabad” (Assamese nationalism) remains a core issue for Assam. For decades, the state has wrestled with anxieties over protecting its cultural and…
Check out the companies making headlines before the bell. Oracle — Oracle shares jumped more than 9% after the cloud infrastructure company gave strong fiscal third quarter results and lifted its revenue guidance for fiscal 2027. Management lifted its fiscal 2027 revenue outlook up $1 billion to $90 billion. Analysts polled by LSEG sought $86.6…
