Mumbai-based crypto exchange WazirX has been the target of much of India’s regulatory heat as the company continues to attract local investors. In the latest run-in with the government, the Directorate of Enforcement (ED) issued a show-cause notice to WazirX for allegedly violating the Foreign Exchange Management Act in relation to transactions worth 2,790.74 crore
Month: July 2021
An aspirant to the post of commissioner with the Kenyan Independent Electoral and Boundaries Commission (IEBC) has urged the elections body to consider adopting blockchain technology. According to Justus Abonyo, a former official with the Social Democratic Party of Kenya, doing this will help Kenya reduce the cost of “running an election by up to
Amid the ongoing crackdown on cryptocurrency mining in China, mining new Bitcoin (BTC) continues getting easier as BTC has experienced another mining difficulty drop. On July 18, the Bitcoin network posted its fourth consecutive negative adjustment of mining difficulty, dropping 4.8%, according to data from Bitcoin explorer BTC.com. The latest mining difficulty adjustment occurred at
Veteran Hong Kong-based newspaper South China Morning Post (SCMP) is creating a series of NFTs using a new token standard called “ARTIFACT,” designed to preserve historical assets on the blockchain. In its ARTIFACT Litepaper, SCMP presents an overview of the project, which is a standardized metadata structure that can be used to ensure that key
An investigation by a global media consortium based on leaked targeting data provides further evidence that military-grade malware from Israel-based NSO Group, the world’s most infamous hacker-for-hire outfit, is being used to spy on journalists, human rights activists, and political dissidents. From a list of more than 50,000 cellphone numbers obtained by the Paris-based journalism
Zoom Video Communications has agreed to buy cloud software provider Five9 in an all-stock deal worth about $14.7 billion (roughly Rs. 1,09,890 crores) to target business clients looking to boost customer engagement, it said on Sunday. The teleconferencing services provider has become a household name and investor favourite in the year since the coronavirus pandemic,
In this article TSLA 9868-HK Xpeng Motors launches the P5 sedan at an event in Guangzhou, China on April 14, 2021. The P5 is Xpeng’s third production model and features so-called Lidar technology. Arjun Kharpal | CNBC GUANGZHOU, China — Chinese electric carmaker Xpeng Inc. has priced its new P5 sedan as low as 160,000 yuan ($24,694)
Poco M3 4GB RAM variant has been launched in India. The new model sits alongside the existing 6GB RAM options of the Poco smartphone that debuted earlier this year. The Poco M3 features triple rear cameras and carries a waterdrop-style display notch. The Poco phone also comes with a Qualcomm Snapdragon 662 SoC and 18W
Transform 2021 Catch up on everything you missed this week! On-Demand Watch Now All the sessions from Transform 2021 are available on-demand now. Watch now. This article was written by Mark Gorzycki and Mahesh Kashyap, co-founders of Kievanos. As a species that relies heavily on cognitive ability for our evolutionary success, it’s no surprise that
Merely days after Microsoft sounded the alarm on an unpatched security vulnerability in the Windows Print Spooler service, possibly yet another zero-day flaw in the same component has come to light, making it the fourth printer-related flaw to be discovered in recent weeks. “Microsoft Windows allows for non-admin users to be able to install printer
The Federal Reserve’s ongoing research into central bank digital currencies, or CBDCs, has broadened to include stablecoins and whether they can be effectively regulated. In their paper, which was published in SSRN’s eLibrary on July 17, Gorton and Zhang argue that “privately produced monies” such as stablecoins are “not an effective medium of exchange because
press release PRESS RELEASE. Toronto, July 19, 2021 – FOHO is building a transparent fractional ownership marketplace that uses the wisdom of crowds to uncover deals, hold sellers and property managers accountable and manage usage and income disbursal for real estate assets. Their modus operandi revolves around a trust-incentivized system. The platform is backed by
Bitcoin (BTC) bulls have successfully defended the $30,000 level in the past few days but the failure to achieve a strong rebound has some traders worried that the price will eventually dip to new lows. In a series of tweets, Ecoinometrics said that the current correction “looks very similar to 2013” when Bitcoin took 197
Jackson, Tennessee’s mayor is a fan of bitcoin and he wants the city to become a bitcoin hub in order to entice technology companies and innovation. Jackson’s mayor Scott Conger is in the midst of discussing creating legislation that allows Jackson residents to pay property taxes with bitcoin. Jackson, Tennessee’s Mayor Is a Fan of
Elon Musk tweets almost daily about an array of things. From space and electric vehicles to cryptocurrency and stocks, there’s nothing that escapes Musk’s eyes. Earlier this week, Michi Lumin, the creator of Dogecoin — the meme-based cryptocurrency — tweeted that he, too, needed to start tweeting obtuse and vague things and then hope that
Pegasus spyware was reportedly used to spy on Indians, a new report says. In 2019, WhatsApp brought the matter to light when it sued Israeli spyware maker NSO Group for its Pegasus spyware that was allegedly used to snoop on journalists, activists, lawyers and senior government officials in 20 countries around the world, including India, in
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