Zomato IPO, which was launched on Wednesday, July 14, seems to have attracted a significant demand from young investors in India as per trading app Paytm Money on Thursday. It reported that 27 percent of the IPO’s applicants on the Paytm Money platform on the first day of the launch were under the age of
Month: July 2021
In this article AMZN FB Lina Khan, nominee for Commissioner of the Federal Trade Commission (FTC), testifies during a Senate Committee on Commerce, Science, and Transportation confirmation hearing on Capitol Hill in Washington, DC, April 21, 2021. Saul Loeb | AFP | Getty Images Amazon and Facebook have filed petitions seeking Federal Trade Commission Chair
The government has reportedly withdrawn a letter it had sent to Apple India seeking details on compliance with the Information Technology (Intermediary Guidelines and Digital Media Ethics Code) Rules, 2021 — which are commonly known as the new IT Rules — that came into force earlier this year. The letter is said to have been
Realme Watch 2 Pro and Realme Buds Wireless 2 Neo will launch in India on July 23. Dedicated teaser pages for both products have gone live on Amazon India. This also confirms availability of the two products on Amazon. The Realme Watch 2 Pro and Realme Buds Wireless 2 Neo were unveiled a few months
Transform 2021 Live now: AI at the Edge & IoT Summit July 12-16 Watch Now Join executive leaders at the AI at the Edge & IoT Summit. Watch now! As cryptocurrencies grow, so does the need for securing it. In the words of Adrien Treccani, CEO of digital asset management company METACO, “dealing with cryptocurrencies
A sweeping and “highly active campaign” that originally set its sights on Myanmar has broadened its focus to strike a number of targets located in the Philippines, according to new research. Russian cybersecurity firm Kaspersky, which first spotted the infections in October 2020, attributed them to a threat actor it tracks as “LuminousMoth,” which it
A Canada-based Bitcoin fund, operated by 3iQ Corp, has witnessed a dramatic decline in its BTC reserves since June. Literally named the Bitcoin Fund (QBTC:CN), the closed-end investment product, was holding around 24,000 BTC in its vaults in early June. However, as the monthly session progressed, the reserves first dropped to below 16,000 BTC in
For luxury brands, usual business and marketing practices work upside down. While other businesses aim to scale, optimize and become accessible — luxury brands are supposed to be a cold and beautiful dream, causing admiration and (rarely fulfilled) desires of ownership. Building a luxury brand takes generations of storytelling, and the skill of maintaining a
Federal Reserve Chairman Jerome Powell believes that there is no need for cryptocurrencies if there is a digital dollar. “I think that’s one of the stronger arguments in its favor,” he said. The Fed chair also insists that the U.S. is not in danger of losing its reserve currency status. Fed Chair Powell Thinks Cryptocurrencies
Italy’s securities market regulator, the Italian Companies and Exchange Commission (CONSOB), has issued a statement stating that Binance Group and affiliated companies are not authorized to provide investment services and operate in Italy. The regulator specified that the warning refers to Binance.com, the main website of the global crypto exchange. CONSOB went on to warn the public
Revolut, a major British banking app featuring cryptocurrency investment, has secured $800 million in a new funding round. The new investment round is led by Japanese financial giant SoftBank and United States hedge fund Tiger Global, which collectively hold around 5% in Revolut, CNBC reported Thursday. The round values Revolut at $33 billion, marking a
Ethereum’s native token Ether (ETH) reclaimed $2,000 in the early New York trading hours Wednesday as crypto traders assessed the Federal Reserve Chairman Jerome Powell’s prepared congressional testimony. The ETH/USD exchange rate surged 7.19% to reach its intraday high of $2,019.90. Likewise, Bitcoin (BTC), whose 7-day positive correlation with Ether stands at 0.84 above zero,
A tie-up between payment processor Advcash and Bingbon will help the social cryptocurrency trading exchange extend its services to Ukraine, Kazakhstan, and Russia through a newly introduced fiat on and off-ramp. Eastern European Fiat Support Echoes Regional Crypto Adoption Outside of North America and Asia, Eastern Europe commands one of cryptocurrency’s biggest communities of miners,
Clubhouse social audio app launched a direct messaging feature on Wednesday called Backchannel to allow one-to-one and group text chats. The platform shared the news on its Twitter feed. Reverse engineering expert Jane Manchun Wong (@wongmjane) also tweeted that Clubhouse sent its users messages via Backchannel itself to introduce the new feature. My hat? TippedMy
The DeFi Education Fund (DEF), an organization funded by Uniswap to spearhead lobbying and educational initiatives in support of the decentralized finance sector, has defended its sudden move to liquidate half of its UNI treasury earlier this week. The organization said it needed to convert the funds into stable assets to weather crypto market volatility.
Battlegrounds Mobile India recently got its July update wherein a host of new features were added to the game. However, developer Krafton has shared a few issues that are present in the update and is working to fix them. The known issues are related to a graphics option, customisable controls, and an issue with the
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