The crypto market registered a major slump on Friday, resulting in major cryptocurrencies losing key support and falling to new monthly lows after a prolonged bullish surge over the past month. Bitcoin (BTC), which was looking to break through the $25,000 resistance level last week, fell below $22,000 to register a new two-week low of
Month: August 2022
On Friday, August 19, the total crypto market capitalization dropped by 9.1%, but more importantly, the all-important $1 trillion psychological support was tapped. The market’s latest venture below this just three weeks ago, meaning investors were pretty confident that the $780 billion total market-cap low on June 18 was a mere distant memory. Regulatory uncertainty
Scott Beck, chief executive officer of United Texas Bank, called on members of the state’s blockchain working group to recommend policy for leaving stablecoins to banks rather than crypto firms. Speaking before the Texas Work Group on Blockchain Matters in Austin on Friday, Beck suggested limiting the issuance of U.S. dollar-backed stablecoins to licensed banks
The South Korean financial intelligence unit is taking action against 16 foreign cryptocurrency exchanges for operating illegally in the country. “For illegal business activities of unregistered entities, maximum of 5 years of imprisonment or up to KRW 50 million of fines can be imposed,” the regulator said. 16 Foreign Crypto Exchanges Flagged by South Korean
India esports athletes’ body EPWA has urged the Tamil Nadu government to recognise skill games as a distinct sport, not club it along with gambling, and provide safe harbour for professional players, a senior official of the entity said on Friday. “We have sent representation to the state government on August 13. We have requested
Chromecast with Google TV — the company’s solution to turn your regular television into a smart TV — was launched in India in July. While users in the US and other countries had access to the device two years ago, when it first made its debut, those of us in India could pick from devices
The Indian Railways has floated a tender to hire a consultant to monetise its passenger and freight customer data with the aim to generate revenue up to Rs 1,000 crore, but sources told PTI it may be withdrawn amid concerns over privacy issues. While many on social media, including advocacy groups have raised concerns over
In this article GOOGL TSLA Tesla Model 3 Source: Tesla YouTube has removed a pair of videos from its platform which showed Tesla drivers conducting amateur vehicle safety tests using their own children in place of mannequins in the road or the driveway. The tests were to determine if a slow-moving Tesla equipped with the
Apple disclosed serious security vulnerabilities for iPhone, iPad and Mac models that could potentially allow attackers to take complete control of these devices. Apple released two security reports about the issue on Wednesday, although they didn’t receive wide attention outside of tech publications. Apple’s explanation of the vulnerability means a hacker could get “full admin access” to the
Troubled by the number of unvaccinated COVID-19 patients showing up at his hospital, the French doctor logged on to Facebook and uploaded a video urging people to get vaccinated. He was soon swarmed by dozens, then hundreds, then more than 1,000 hateful messages from an anti-vaccine extremist group known as V_V. The group, active in France
The Donot Team threat actor has updated its Jaca Windows malware toolkit with improved capabilities, including a revamped stealer module designed to plunder information from Google Chrome and Mozilla Firefox browsers. The improvements also include a new infection chain that incorporates previously undocumented components to the modular framework, Morphisec researchers Hido Cohen and Arnold Osipov
Japanese financial giant SBI Holdings has partly terminated cryptocurrency mining in Russia due to geopolitical uncertainty and the crypto winter. SBI Holdings suspended mining operations in Russia’s crypto mining-rich region of Siberia, citing reasons like the Russia-Ukraine conflict and the ongoing bear market, Bloomberg reported on Thursday. The Japanese online brokerage shut down the Siberian
The Ethereum blockchain is all set to make its highly anticipated transition from its current proof-of-work (PoW) mining consensus to proof-of-stake (PoS). The Merge date is officially scheduled for Sept. 15–16 after the successful final Goerli testnet integration to the Beacon Chain on Aug. 11. At present, miners can create new Ether (ETH) by pledging
Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you significant developments over the last week. This past week, Celsius’s financial troubles mounted further as a new coin report showed the company had a balance gap of $2.85 billion, more than double what it had
Bitcoin (BTC) and most major altcoins witnessed a sharp sell-off on Aug. 19, but there does not seem to be a specific trigger for the sudden drop. The sharp fall resulted in liquidations of more than $551 million in the past 24 hours, according to data from Coinglass. Barring a V-shaped bottom, other formations generally
OnePlus Nord Wired Earphones featuring 9.2mm dynamic drivers and 3.5mm audio jack were unveiled in European markets recently. As per a fresh leak, the latest audio device by OnePlus will be launched next month in the Indian market. The OnePlus Nord Wired Earphones could be available in a single Black shade in the country. The
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