Apple App Store Security Lawsuit Follows $1.8M Fake Wallet Bitcoin Theft
An Apple App Store security lawsuit filed in California accuses the company of negligence after three users lost more than $1.8 million in Bitcoin to a counterfeit wallet app. The complaint landed in the U.S. District Court for the Northern District of California. Plaintiffs James Ramirez, Christopher Ellis, and Jalen Delgado say they downloaded an […]
Kuwait Oil Company $16 billion pipeline lease opens door to global capital
The $16 billion pipeline lease signed by Kuwait Oil Company gives three of the world’s biggest investors a share of the oil arteries that have carried Kuwaiti crude for decades. Kuwait Petroleum Corporation announced the agreement on Saturday. Its subsidiary, KOC, leases usage rights to all 13 of its pipelines into a newly formed Kuwaiti […]
Yalla payment services approval brings the UAE closer to cashless finance
The Yalla payment services approval moves a growing fintech one step closer to serving customers across the UAE. On Monday, Yalla Financial Solutions said the Central Bank of the UAE (CBUAE) had granted it an In-Principle Approval for a Retail Payment Services Category II License. The nod falls under the CBUAE Retail Payment Services and […]