Top tech news today: February 24, 2025

1. Hackers steal $1.5 billion from Bybit exchange

Bybit suffers the largest crypto heist in history, with $1.5 billion stolen by hackers exploiting a security vulnerability. Source

2. UK government seeks £49m payment services provider

The UK government issues a tender for a payment services provider to support its Gov.uk Pay platform. Source

3. Former Revolut UK chief joins Volopa as CEO

James Radford, ex-Revolut UK chief, takes the helm at Volopa to drive its growth strategy. Source

4. Bybit releases blacklisted wallets API for recovery

Bybit introduces a blacklisted wallets API to aid recovery efforts following its recent $1.5 billion hack. Source

5. Project Gigabit adds 11,000 homes in Scotland

Project Gigabit expands its high-speed broadband coverage to 11,000 additional homes in Scotland. Source

6. India and UK collaborate on telecom and AI

India and the UK announce a partnership to explore initiatives in telecom, AI, Open RAN, and 6G technologies. Source

7. Chunghwa Telecom and Ericsson advance 5G slicing

Chunghwa Telecom and Ericsson collaborate to enhance 5G network slicing for industrial digitalisation. Source

8. Roularta boosts digital shift with NTT Data’s 5G

Roularta accelerates its digital transformation using NTT Data’s 5G solutions for enhanced connectivity. Source

9. Fast and flexible approach in AI world

Companies adopt agile strategies to navigate the rapidly evolving landscape of artificial intelligence. Source

10. Tech industry layoffs in 2025: the full list

A comprehensive list of tech companies that have announced layoffs in 2025 due to economic challenges. Source

11. Gamma completes acquisition of Starface

Gamma Communications finalises its acquisition of Starface to strengthen its cloud communications portfolio. Source

12. AWS powers Proximus’ digital transformation

Proximus leverages AWS to enhance its digital infrastructure and improve customer experiences. Source

13. Sweden investigates Baltic Sea cable breach

Swedish authorities probe a breach of a Baltic Sea cable, following similar incidents in recent months. Source

14. Telefónica deploys GenAI at Prosegur

Telefónica integrates generative AI into operations at security firm Prosegur to enhance efficiency. Source

15. India and UK explore telecom and AI initiatives

India and the UK announce joint efforts to advance telecom, AI, Open RAN, and 6G technologies. Source

16. Deutsche Telekom tests drone as flying base station

Deutsche Telekom trials a drone-based flying base station to provide temporary network coverage in remote areas. Source

17. Microsoft’s Majorana-1 chip advances quantum computing

Microsoft unveils its Majorana-1 chip, a breakthrough in quantum computing technology. Source

18. Nokia, NTT, and Anritsu validate elastic networking

Nokia, NTT, and Anritsu demonstrate the energy-saving potential of elastic networking in Japan. Source

Mandy-Li

Mandy Li

Mandy Li is an Community Engagement Specialist at BTW Media, having studied English at Chengdu University. Contact her at m.li@btw.media.

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