The Dutch regulator on financial markets AFM wants to ban risky investments that are increasingly being marketed online, often from abroad.
Last year 3.4 million people in the Netherlands fell victim to cybercrime, according to a study by security company Symantec. That comes down to around one in five Dutch. The victims lost a total of around 1.3 billion euros. Symantec concludes that people overestimate their knowledge of digital security, RTL Nieuws reports.
Last year nearly two thousand Dutch people fell victim to scammers pretending to be Microsoft employees. In total the Dutch victims were swindled out of around 7 million euros. One victim was duped for 98 thousand euros, the police said on Tuesday.
Despite being called a currency, Bitcoin lacks many of the very important characteristics that currencies have, Steven Maijoor, chairman of the European Securities and Markets Authority (ESMA), said in an interview with Bloomberg. The extreme volatility of the biggest cryptocurrency alone undermines its use as an actual currency, and it is also not broadly accepted, Dutch man said.
Bitcoin's value fell about 25 percent on Tuesday. Since touching 20 thousand dollars on December 17th, the cryptocurrency's value dropped over 49 percent.
Dutch investors association VEB warns investors against companies that are using the cryptocurrency hype to attract investors and boost share prices by adding "bitcoin" or "blockchain" to their name. According to the association, this is very reminiscent of the dotcom bubble, when companies added '.com' to their names to suddenly increase their share prices without actually changing the company fundamentally, accountant.nl reports.
The Netherlands' Fraud Helpdesk is noticing a considerable increase in the number of fraud reports revolving around cryptocurrency Bitcoin. There are no exact figures yet about how many people reported Bitcoin fraud to the helpdesk, but that this type of fraud is increasingly common is very clear, Tanya Wijngaarden of the helpdesk said to BNR.
Alternative taxi platform Uber has been using a secret computer program to block access to its systems whenever the authorities raided their offices for an inspection. This way important information was hidden from the authorities for several years, according to news agency Bloomberg.
People in the Netherlands who want a way of recording their sexual partners' explicit consent to various sex acts can now utilize a new blockchain-based app called LegalFling. Launched by Amsterdam software development firm LegalThings on Thursday, the app requests and records explicit mutual consent to sexual contact between different users.
The Centrum Veilig Wonen (CVW), the Dutch official contact point related to earthquake damage, counted 1311 damage reports filed after the earthqueke that struck in Zeerijp last Monday. Around 200 damage reports come from the municipality of Zeerijp.
A 3.4-magnitude earthquake rattled the province of Groningen on Monday afternoon. It has been the hardest earthquake in Groningen since 2012. The KNMI meterology agency qualified the earthquake as "heavy".
A new analyst note produced by investment bank Morgan Stanley suggests that the world’s most used cryptocurrencies will consume significantly more energy globally than the entire amount of electricity produced in the Netherlands this year. As much as 140 terawatt-hours of electricity will be used in the cryptocurrency field next year, speculates analyst Nicholas Ashworth in a memo published on Wednesday.
Clients of the self-proclaimed "biggest Bitcoin factory of the Netherlands" have launched court proceedings against Koinz Trading, considered one of the first Dutch businesses to trade in Bitcoin. Based in Lelystad, the company is now facing off against a client who accuses them of fraud.
The client's attorney, Marco Kalmijn, believes others are planning to press legal action as well. He accuses the companies of giving excuse after excuse instead of contractual payments, Kalmijn told the Volkskrant.
The main airports in the Netherlands recorded a significant raise in the number of travelers flying to and from the country. Last year, 68.4 million travelers flew from, to or via Schiphol, representing a rise of 7.7% relative to 2016. Meanwhile, the airport's largest airline, KLM, welcomed a record 32.7 million passengers aboard its 2017 flights.
The Dutch Minister of Economic Affairs and Climate Policy Eric Wiebes announced that he intends to accelerate the process of decreasing the gas production in Groningen. The minister made the declaration shortly after a relatively strong earthquake, caused by removing natural gas from the ground in the region, shook the province Monday afternoon, according to FD.
In 2017 the police rescued 130 Dutch children involved in child pornography. The number of child pornography accusations keeps rising at a large extent, according to figures of the Bestrijding Kinderporno and Kindersekstoerisme teams.
Energy giant RWE is calling on the Dutch government to reconstruct the last five coal plants in the Netherlands to run on biomass, instead of closing them completely. According to the company, this will reduce CO2 emissions even more and make best use of existing infrastructure, NU.nl reports.
Six Dutch F-16 fighter jets, supported by a team of 150 people, were deployed this week to the Middle East as part of the international fight against terrorist organization ISIS. The jets departed from the Volkel Air Base on Wednesday morning, and will be stationed at an air base in Jordan.
A team of Dutch and international led by the Technical University - Eindhoven were putting the finishing touches on a gigantic tower of ice under construction since December 13 in Harbin, China. Dubbed the "Flamenco Ice Tower", the 30-meter tall structure was planned for the city's annual ice festival, and included six illuminated staircases made of transparent ice blocks to allow visitors to explore the shell structure.
Rail manager ProRail will start experimenting with self-driving trains on several routes next year. The first test involves freight trains on the Betuwe-line. And the first experiment with passenger trains will happen in the province of Groningen, NOS reports.
The freight trains tests will be done in cooperation with Alstom, a company that is developing a system for automatic train operation. The experiment in Groningen will be done in collaboration with transit company Arriva and the province of Groningen.
The first investment round of ICO HeadStart, a recently established crypto company headed by former DSB bank boss Dirk Scheringa, is now closed. This pre-ICO raised a total of 11.5 million euros. The company will issue its own token and launch the actual ICO in February, RTL Z reports.
Around 5.6 million people in the Netherlands steam videos on Netflix for an average of 84 minutes per day, according to a study by Multiscope among 6,700 respondents aged 18 and older. That amounts to around 8.3 million hours of Netflix video watching per day, Bright reports.
Netflix owns about a third of the video-on-demand viewing time in the Netherlands. YouTube is the second largest video-on-demand service in the country with 18 percent of the viewing time, followed by NPO Start with 9 percent and Ziggo GO with 9 percent.
A gang of Romanian cyber criminals suspected of infecting computers in the Netherlands, Belgium, Italy, and the United States with ransomware, was busted in Romania last week in coordinated investigations by the Dutch, Romanian, British, and American authorities and Europol, the Dutch police said in a statement.
The Finance Ministers of France and Germany are calling for the world's top economic powers to debate Bitcoin and cryptocurrency regulation at the G20 summit in Argentina next year. The Netherlands does not form part of the G20 - the 20 largest economies in the world - but was invited to participate in the summit by host country Argentina.
Last week a swarm of 300 luminescent drones flew over the sea and a beach in Miami. Studio Drift, an artist duo from Amsterdam, presented their flying artwork Franchise Freedom on the Art Basel in Miami Beach, Het Parool reports.
Through their art Lonneke Gordijn and Ralph Nauta, together Studio Drift, investigate the relationship between nature and technology. They started working on this project 10 years ago, studying the regular flight patterns of starlings and translated them into a software developed especially for drones.