Securities and Exchange Commissioner (SEC) Hester Peirce voiced concerns over the United States lagging behind global jurisdictions in adopting cryptocurrency exchange-traded funds (ETF). During an online appearance at the Bitcoin (BTC) conference “The B Word,” Peirce pinpointed that many other countries like Canada have already been trading crypto ETFs so far, while the U.S. is still
Month: July 2021
Ethereum’s native crypto Ether (ETH) rebounded sharply on Thursday after Elon Musk disclosed for the first time that his private rocket firm SpaceX holds Bitcoin (BTC), and Tesla would probably resuming the bitcoin payment option for its electric cars. The BTC/USD exchange rate was below $30,000 but bounced by more than 5% after the big
Snap on Thursday beat Wall Street estimates for users and revenue in the second quarter, notching the highest growth rates since late 2017 as new features on its messaging app Snapchat attracted more users. Shares of Santa Monica, California-based Snap rose about 10 percent to $69.20 (roughly Rs. 5,150) in extended trading, after its forecast for
Paxos, a regulated blockchain company, recently presented the basket of resources that back its stablecoins. Paxos Standard (PAX) and Binance USD (BUSD) are reportedly backed almost 100% by cash and cash equivalents. Dan Burstein, CCO of Paxos, harshly criticized Tether and Circle, issuers of other stablecoins, stating their products we’re not really stablecoins. Paxos Reveals
Cross-chain decentralized exchange THORChain has suffered its second multi-million-dollar hack in as many weeks, with $8 million worth of Ether impacted. However, the attack appears to have been carried out by a white-hat hacker, with THORChain announcing the perpetrator had requested a 10% bounty. ETH will be halted until the code has been audited. Liquidity
Google has launched its largest ever Doodle game, Doodle Champion Island, to celebrate the commencement of the Tokyo Olympics 2020. The game begins when you click the doodle on the search homepage, and it transports you to an island where a sports festival is underway. The main character is called Lucky, a feline character that
Amazon Prime Day Sale 2021 is starting from Monday, July 26, and will run through July 27, with a lot of deals and discounts, and offers on smart home gadgets and other appliances like air conditioners and vacuum cleaners as well. This sale is bringing heavy discounts up to 70 percent in the Home and
Zomato food delivery partners is seen on a road in Kolkata , India. Debarchan Chatterjee | NurPhoto | Getty Images Shares of Indian food delivery start-up Zomato jumped more than 70% in their stock market debut Friday. The initial public offering price was set at 76 rupees a share and the stock opened at 116
The Poco brand now operates independently, after Xiaomi first launched the Poco F1 smartphone in India. This smartphone offered powerful hardware at aggressive prices and found a lot of takers. The Poco brand has since launched multiple series to cater to different price segments, but the original Poco F1 never got a successor in India
Realme Watch 2 series of smartwatches, Buds Wireless 2 series of neckband-style wireless earphones, and Buds Q2 Neo true wireless stereo (TWS) earphones have been launched in India, with prices starting at Rs. 1,499. The new ecosystem of products from Realme are the successors to existing product lines from the company, updating its range going
Rethinking employee benefits in a post-pandemic world There’s no going back to the 2019 playbook, particularly for benefits. Learn what employees expect in the new normal, and how you can keep a competitive edge. Register Now! All the sessions from Transform 2021 are available on-demand now. Watch now. Enterprises are increasingly relying on unstructured data
Nearly three weeks after Florida-based software vendor Kaseya was hit by a widespread supply-chain ransomware attack, the company on Thursday said it obtained a universal decryptor to unlock systems and help customers recover their data. “On July 21, Kaseya obtained a decryptor for victims of the REvil ransomware attack, and we’re working to remediate customers
This weekly roundup of news from Mainland China, Taiwan, and Hong Kong attempts to curate the industry’s most important news, including influential projects, changes in the regulatory landscape, and enterprise blockchain integrations. Olympic battle After months of writing about the relentless actions of the Chinese government, this week we lead with a story from the
A recent survey has revealed Bitcoin has gained traction with younger U.S. investors in terms of awareness, interest, and ownership over the past three years. The study conducted by global analytics and advice firm Gallup revealed that the number of investors in the U.S. holding BTC has jumped from 2% in 2018, to 6% as
A formal Ethereum Improvement Proposal has been created for the network’s forthcoming chain merge, bringing Ethereum one step closer to realizing its highly anticipated Proof-of-Stake (PoS) transition. On July 22, ConsenSys researcher Mikhail Kalinin created a pull-request for EIP-3675 on Github, formalizing the chain merge as an improvement proposal for the first time. The EIP
UBS, Switzerland’s largest bank, says that clients are looking at different investment alternatives and there is a bit of a fear of missing out (FOMO) when it comes to cryptocurrency investments. UBS Says There Is a Bit of Fear of Missing Out The CEO of UBS Group AG, Ralph Hamers, talked about cryptocurrency in an
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