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German, U.S. authorities seize world's largest darknet marketplace

75% Left coverage: 4 sources
Authorities in Germany and the U.S. seized and shuttered Hydra Market Tuesday. The market was the world's largest and longest-running darknet marketplace. It was accused of being a criminal trading platform for narcotics, money laundering and other goods. U.s. Treasury unveiled sanctions against the marketplace and a cryptocurrency exchange.See the Story

Tether to launch sterling pegged stablecoin

Stablecoin issuer Tether Operations Limited has announced plans to launch Tether tokens ("GBP�") pegged to the British Pound Sterling in early July. The pound-pegged coin is called GBP� (GBPT), and will initially live on the Ethereum (ETH) blockchain, Tether's announcement said.See the Story

Netflix lays off 300 employees in cost-cutting drive

Coverage: 2 sources
Netflix has laid-off an additional 300 staff, the latest move as the company tries to reduce expenditures in the face of a shrinking audience. The majority of the 300 jobs have been lost in the US, and have affected many of the company's departments. The company has been struggling to reorient itself since April, when the company revealed that it had lost 200,000 subscribers, its first net loss in a decade.See the Story

Eurovision 2022 was targeted by Russian hackers

67% Left coverage: 3 sources
Pro-Russian cybercriminals attempted to attack a number of targets during the recent Eurovision Song Contest 2022, including the show itself, organizers have confirmed. Italian police said its cybersecurity department blocked several attacks against national network infrastructure. The attacks came from the notorious "Killnet" hacker group and its affiliate "Legion," police said.See the Story

As the most imitated brand in phishing attempts, is LinkedIn really safe for professional networking?

LinkedIn has been identified as the most commonly-imitated brand in phishing attempts, according to research from Check Point. Attacks imitating LinkedIn now account for 52% of all phishing attacks globally, marking a significant increase on the previous quarter. Experts warn that the latest report points to an emerging trend whereby threat actors leverage social networks to lure unsuspecting victims into giving up personal data.See the Story

Scottish EDGE invests £1.5 million into 40 early stage businesses

A total of 40 businesses with entrepreneurial potential have benefited to the tune of over �1.5 million after being named winners at the Scottish EDGE Awards. The event also featured guest speakers and previous EDGE winners Darina Garland and Kristian Tapaninaho of Ooni pizza ovens.See the Story

First bus opens UK's largest rapid EV charging hub at Glasgow depot

Caledonia depot, located in Glasgow's southside, has competed its nine-month overhaul, unveiling 160 new EV rapid-charging points. First Bus is also trialling the use of its charging infrastructure to third-party businesses during the day when its buses are out on service. The company now plans to expand the depot further, in partnership with Ofgem and Scottish Power Energy Networks.See the Story

FanDuel and xDesign partner for tech jobs boost

XDesign, the owner-operated digital development partner based in Scotland and across the UK, has signed a multi-year partnership with FanDuel. The new partnership hopes support new entrants to the technology industry and create high-value jobs. Both organisations will commit to creating a total of 400 new jobs by the end of 2022.See the Story

Edinburgh's Kythera AI named one of the UK’s top tech start-ups

Kythera AI was selected as the Rising Stars 4.0 winner from Scotland. The Edinburgh startup is one of just 10 winners chosen from regions across the UK. Seven out of 10 winners originate from outside London and the South East. More than half of the companies participating in the competition have a female founder or co-founder.See the Story

How can we encourage young people to report online harms?

Ofcom has found that two thirds of teens and young adults encountered harmful content, by many fail to report online harms.See the Story

Glasgow Uni to develop biodegradable sensors for agriculture

University of Glasgow will lead new agritech project to use biodegradable sensors to monitor crop growth. Project partners will work together to develop a new type of environmentally friendly modular sensor system. They will find ways to create devices built from sustainable and degradable materials with the aim of cutting down on the growing problem of electronic waste.See the Story

Scottish Startup Survey looks to examine ecosystem opportunities

The University of Edinburgh's Bayes Centre has officially launched the 2022 EIE Scottish Startup Survey. The survey targets a sample of Scottish tech companies drawn from EIE alumni and the wider startup community. This year's survey will examine how startups are navigating their way out of the pandemic.See the Story

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