The Netherlands seems to be an interesting option for companies arranging for a crypto currency token sale and initial coin offering, or ICO. Speaking to NL Times at the ICO Event Amsterdam on Wednesday, a number of ICO founders said they are interested in setting up shop in the country, and in bringing more jobs to the Netherlands. The event was attended by 400 people from a variety of industries, all interested in a burgeoning field that allowed organizations to raise over $3.6 billion in 2017 alone.
Amsterdam is the best tech city to work in in Europe, according to a study into Europe's tech scene by Hubspot, a leading CRM and customer experience platform. Compared to other leading startup cities Berlin, Dublin and London, Amsterdam has the highest average net salary, the fastest mobile internet speeds and the highest standard of living, the study found.
Bitcoin fever is reaching great heights in the Netherlands. Over the first nine months of this year trading platform BTC Direct registered 44 thousand bitcoin transactions by Dutch customers in which a total of over 25 million euros was spent, buying 11 thousand bitcoins, AD reports.
The Netherlands has an established tradition of being at the forefront of innovation, and it is following this same path when it comes to blockchain and ICO development, according to Emanuele Francioni, founder of Web 3 Ventures - a Netherlands' based incubator for new businesses developing services with blockchain.
The technology sector in Amsterdam accounts for around 60 thousand jobs - 11 percent of the total number of jobs in the Dutch capital, according to a study by business analysis company Dealroom on behalf of municipal organization StartupAmsterdam, Het Parool reports.
The believed to be Dutch man behind an Ethereum-based startup called Confido, who disappeared last week with over 300 thousand euros in cryptocurrencies raised in an ICO, wants to refund his investors, according to a letter Amsterdam law firm Jonkers en Van Gemert posted on the startup's website.
Initial Coin Offerings are a very risky, but potentially very rewarding form of capital raising provided that it is allowed to develop properly, according to Edan Yago, CEO and founder of Epiphyte. And for this to happen, the Dutch government and authorities should let ICOs develop unhindered, without stymieing innovation by applying new regulations onto this young field. "They should stand to the side and allow ICOs to develop", Yago said to NL Times.
The Dutch Personal Data Protection Authority is launching an investigation into a massive data breach at Uber last year. The authority only "very recently" received a report from Uber about the hack, in which personal data of 57 million people were stolen, the Volkskrant reports.
Late last year Uber was hacked and the personal data of 50 million customers and 7 million drivers were stolen. Whether any Dutch customers or drivers were among them, a spokesperson for Uber Nederland refused to say to RTL Nieuws. According to the spokesperson, the company is currently "in conversation with various authorities", and the Uber will not publish any more details about the hack until these talks are done.
Joost van Doorn - believed to be a Dutch man behind an Ethereum-based startup called Confido - apparently disappeared with around 318 thousand euros of his investors money. It is not quite clear whether Joost van Doorn actually exists, but it seems increasingly clear that the people who paid for the Confido launch will not see their money again, RTL Nieuws reports.
Most young people in the Netherlands overestimate their digital skills and have trouble judging fake news and finding information online, according to studies by Kennisnet and Mediawijzer.net, RTL Nieuws reports.
A new Android virus aimed at stealing usernames and passwords for online banking infected some 3,000 Dutch Android devices. The virus was discovered by Slovakian cyber security company ESET. It was spread through various apps in Google Play, RTL Nieuws reports.
From next week KLM will be diverting tourists away from the busiest places in Amsterdam with a new gadget called the Care Tag - a talking luggage tag containing tips about the Dutch capital. The Care Tag contains over 300 tips about the Dutch capital, triggered by its GPS location. If a visitor finds himself in a notoriously crowded spot, the Care Tag will advice him about a less busy place to visit, Het Parool reports.
A team of researchers organized by the Central Bank of the Netherlands (DNB) is going to try to hack the IT infrastructure of Dutch financial institutions. Secret test attacks will target banks, stock exchange providers, and clearing houses so that the DNB and the financial sector can improve the industry's cybersecurity, according to FD.
An Apache helicopter crashed into an electricity transmission tower and high-voltage cables Monday evening, before making an emergency landing near Zoelmond, Gelderland. Neither of the two crew members onboard were injuries in the incident, nor were there any injuries on the ground.
It left roughly 24 thousand customers without power in the region.
The painting scanner used by the Rijksmuseum in Amsterdam to analyze masterpieces may also help police detectives find trace evidence in present-day crime scenes. The investigators of the Dutch Forensic Institute (NFI) and the national art gallery of the Netherlands have formed a new collaboration to use the new technique to find bodily fluids.
New digital cryptocurrency coins that some start-ups use as a form of investment fundraising are vulnerable to deception, fraud, and manipulation, the Dutch financial markets authority AFM cautioned. Investors in the Netherlands were formally warned by the authority, as well as the Dutch central bank, that they should avoid Initial Coin Offerings, or ICOs, as they are not unreliable.
There is a consistent increase in the police helicopters deployment as a support to the police forces on the ground. According to police statistics acquired by BNR, the police helicopters were mobilized 2,082 times in 2015, while this year they were deployed over 3,121 times to date, an increase of about 50 percent.
The Dutch police have eight helicopters flying mainly from Schiphol Amsterdam and Rotterdam-The Hague Airport. They are mostly used over the Randstad megaregion.
A police training session has prompted an internal investigation after live ammunition suddenly exploded when a bullet cartridge was removed from a weapon. The incident sent shrapnel from the cartridge into a police officer's protective equipment, though there were no injuries.
The accident happened last week as an Amsterdam tactical unit was training in Ossendrecht, Noord-Brabant. The explosion took place when a clip fell to the ground, police confirmed to both nu.nl and newspaper AD.
An increasing number of house fires in the Netherlands is caused by overheating chargers, according to the Home Fire Risk Monitor by the Netherlands Fire Brigade and Dutch association of insurers VNV. Do not leave a laptop, cellphone or tablet on charge overnight or when no one is at home, they warn, according to the Telegraaf.
The Netherlands must take the lead in developing the hyperloop by making sure that the country gets the first test track for this high speed transport system, a number of Dutch companies wrote in a letter to the Ministry of Infrastructure and Water Management, which covers Transport, NU.nl reports.
Dutch companies are finally again investing more money into research and development. In 2017 R&D investment will amount to 4.3 percent of revenue, the highest level since 2012, according to figures Erasmus University released on Wednesday. Investment into IT will increase to 4.8 percent of revenue, the highest level since 2009. Last year R&D- and IT investment amounted to 2.1 and 2 percent of revenue respectively, NU.nl reports.
According to the university, the R&D and IT branches are important indicators of technological innovation.
The biggest threat to the future of the baking world is not startups, but major technology platforms like Google, Apple and Amazon - Amazon in particular, ING CEO Ralph Hamers said to Financieele Dagblad.
Two teenagers from Oosterhout were arrested for breaking into bank accounts using a fake version of ABN Amro's refund app Tikkie. According to the Public Prosecutor, the teenagers - both born in 1999 - stole over 20 thousand euros from at least 42 people, Brabants Dagblad reports.