Ethereum layer-2 scaling solution Arbitrum is set to undergo one of its most significant upgrades on Wednesday, set to increase transaction throughput, slash transaction fees and simplify cross-chain communication between Arbitrum and Ethereum. Referred to as the “Nitro” upgrade, Arbitrum reconfirmed the date of the upgrade in a Twitter post on Aug. 29, confirming that
Month: August 2022
Singapore-based crypto lending firm Hodlnaut was placed under interim judicial management, a form of creditor protection program, by the Singapore court on Aug. 29. The court orders came three weeks after Hodlnaut froze all trading activities and withdrawals on its platform citing a liquidity crisis. In an official blog post on Aug. 30, the crypto
Phil Spencer, head of the Xbox brand, believes that the metaverse has been with us since 30 years ago, when digital gaming was largely introduced. However, Spencer criticized play-to-earn (P2E) models, stating that they create a workforce out of a kind of gamer who needs to monetize the time spent playing. Xbox Boss Phil Spencer
Jogi official trailer is out now. Netflix has released some new footage for the upcoming Diljit Dosanjh-led social issue drama, ahead of its premiere on September 16. Directed by Ali Abbas Zafar (Sultan), the film centres around a “resilient friendship and courage” during the 1984 anti-Sikh riots in Delhi. Zafar co-wrote the script with Sukhmani
Blockchain developer Cardano represents the crypto space with a top spot in a new report on global brand intimacy. Cardano ranks 26 among 600 brands and holds the top spot in the crypto industry, according to a report released by brand relations agency MBLM. According to the report, brand intimacy refers to the emotional connections
In this article AAPL Apple CEO Tim Cook delivers a keynote address during the WWDC22 at Apple Park on June 06, 2022 in Cupertino, California. Apple CEO Tim Cook kicked off the annual WWDC22 developer conference. Justin Sullivan | Getty Images Apple is holding a launch event at its headquarters in Cupertino, California, on Sept.
Instagram has clarified that it does not share location with others and uses ‘precise location’ for things like location tags as well as map features. The Meta-owned company’s response came after a number of accounts had shared a message claiming that an update from Instagram might allow iPhone users’ followers to know their exact location.
Elon Musk has subpoenaed a Twitter whistleblower in his ongoing legal battle with the social media platform to end the $44 billion (nearly Rs. 3,51,300) buyout agreement, according to a recent court filing. The SpaceX and Tesla head has sought documents and information on the Twitter’s spam accounts and alleged security vulnerabilities on the microblogging
The U.S. Federal Trade Commission (FTC) on Monday said it filed a lawsuit against Kochava, a location data broker, for collecting and selling precise geolocation data gathered from consumers’ mobile devices. The complaint alleges that the U.S. company amasses a “wealth of information” about users by purchasing data from other data brokers to sell to
When the Taliban again rose to power in August 2021, Afghanistan faced global sanctions that led to many international organizations and money transaction services halting operations in the country. This made room for digital currencies and stablecoins to be widely used, at least to send or receive remittances. However, according to the provincial news website ATN-News, the
Ripple Labs General Counsel Stu Alderoty has hit back at a recent opinion piece by Security and Exchange Commission chairman Gary Gensler, arguing that the regulator’s crypto market shakedowns aren’t protecting consumers. In an Aug. 28 opinion piece on the Wall Street Journal (WSJ) titled “The SEC Wants to Be America’s Crypto Cop,” Alderoty claimed
The United States equities markets are attempting to stabilize after the carnage on Aug. 26. On similar lines, Bitcoin (BTC) is also witnessing a see-saw battle near the psychological level of $20,000 with both the bulls and the bears vying for supremacy. Although several analysts are bearish on Bitcoin in the near term, it has
Indian Railway Catering and Tourism Corporation’s (IRCTC) food delivery service Zoop has partnered with Reliance-owned Haptik to provide online food delivery services on trains, via WhatsApp. With the latest collaboration, passengers can order food via the chatbot on the instant messaging app without downloading any additional app and get it delivered to their seats while
The cryptocurrency market overall endured a bad summer on back-to-back pieces of bad news, ranging from Terra’s (Luna) —now renamed Terra Classic (LUNC) — collapse to the Celsius Network’s liquidity crisis. But some tokens have bucked the downtrend and have actually seen their valuations go up over the summer. Specifically, the last 90 days have
Pedestrian using their mobiles phones in Hong Kong on Friday, Jan. 29, 2021. In a city where pedestrians glued to their phones are liable to walk into traffic, the “red man” at crosswalks is getting some backup. Lam Yik | Bloomberg | Getty Images The Federal Trade Commission filed suit against Idaho-based data broker Kochava
The Samsung Galaxy Z Fold 3 was a solid offering as far as foldables are concerned, but its ergonomics, battery life, cameras, and especially its premium pricing held it back from being a top recommendation. This year, Samsung says it has doubled down on improving these areas with its new Galaxy Z Fold 4. Along with this,
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