Governments across the globe see central bank digital currencies (CBDC) as a means to improve the existing fiat ecosystem. Cryptocurrency’s technical prowess supported by the central bank’s underlying trust is key to enabling a rich monetary ecosystem, suggests an International Monetary Fund (IMF) publication. “Digital technologies promise a bright future for the monetary system,” reads
Month: September 2022
In this article AMZN Jing Gao and Eddie Levine have both worked in e-commerce for more than a decade. Eddie Levine Eddie Levine and Jing Gao first met at an Atlanta e-commerce conference in 2016. Two years later, they shared their first kiss outside an Amazon seller summit in New Orleans. And in 2020, Gao
Redmi A1 is set to launch in India on September 6. It has been confirmed to feature a MediaTek chipset and 5,000mAh battery. Now, alleged key specifications and a live image of this upcoming smartphone have been leaked. The leaked image showcases the front panel of the Redmi A1 with a water-drop style notch. It
Over the past few weeks, we have already seen WhatsApp launching several new features like emoji reactions for messages, the ability to transfer chats between iOS and Android, and muting specific participants on voice calls. But that’s not all. WhatsApp is also developing a handful of exciting features that may make their way to iOS
After more than 10 years since the inception of Bitcoin (BTC), its pseudonymous creator Satoshi Nakamoto still remains a mystery. Being an inspirational figure to the crypto space, Cointelegraph asked Twitter what questions they would have for Nakamoto if they had a chance to talk. From asking about their private keys and thoughts about Bitcoin
Helping investigate a $265,000 hack on decentralized crypto exchange KyberSwap, crypto exchange Binance narrowed down two suspects that seem responsible for the attack. On Sept. 1, Kyber Network succumbed to a frontend exploit, allowing the attacker to make away with $265,000 worth of user funds from KyberSwap. While investigations were underway, KyberSwap offered a 10%
A Russian bank, one of the country’s largest by assets, has conducted a successful trial with digital ruble transactions processed through its mobile app. The state-owned Promsvyazbank was one the institutions placed under Western sanctions earlier this year in connection with Moscow’s actions in Ukraine. Russian Bank Experiments With Digital Ruble Transfers via Mobile Application
India is reportedly planning to test different components of electronic devices simultaneously to speed up their safety approvals. The new strategy is expected to drive the launch plans by smartphone giants such as Apple, Samsung, and Xiaomi. Currently, 16 to 21 weeks are required for the testing and certification of products like wireless earbuds and
Halo Infinite’s campaign co-op content has been delayed. In a developer update, 343 Industries announced a slew of content delays on their latest Halo instalment. The much-requested campaign co-op was previously targeting an August launch, but will now arrive on November 8. It will release in tandem with the Forge open beta, which was initially
Amazon announced earlier this month that it will acquire the makers of Roomba vacuum cleaners iRobot in a deal worth $1.7 billion (roughly Rs. 13,500 crore). It is now being reported that this deal is being reviewed by the US Federal Trade Commission (FTC) for violating antitrust laws. Both companies are understood to be preparing
South Korean chaebol Samsung on Friday said it experienced a cybersecurity incident that resulted in the unauthorized access of some customer information, the second time this year it has reported such a breach. “In late July 2022, an unauthorized third-party acquired information from some of Samsung’s U.S. systems,” the company disclosed in a notice. “On
Honor CEO George Zhao launched the company’s Honor 70 smartphone in Europe during a virtual presentation at the IFA trade show in Berlin, Germany. Honor, which was spun off from Chinese technology giant Huawei in 2020, is trying to boost its market share outside of China. Honor Honor, the smart devices company spun off from
Apple iPhone 15 Pro models will be the most powerful handset on the market in 2023, a recent report claims. Taiwan Semiconductor Manufacturing Company, commonly referred to as TSMC, will soon reportedly enter mass production with their rumoured 3nm SoC. The company stated that Apple would be its main customer for the 3nm processor in
Snap is reportedly laying off over 20 percent of its workforce in the company’s latest move after losing shares. While the Snapchat parent has not revealed any details on the job cut, the company has reportedly confirmed on Tuesday that two of its senior advertising executives have exited. Meanwhile, Netflix has gave its nod to
Let’s rewind the tape to the end of 2021 when Bitcoin (BTC) was trading near $47,000, which at the time was 32% lower than the all-time high. During that time, the tech-heavy Nasdaq stock market index held 15,650 points, just 3% below its highest-ever mark. Comparing the Nasdaq’s 75% gain between 2021 and 2022 to
Sovereign identity has been a hot topic in blockchain and cryptocurrency, especially with the rise of the creator economy. Currently, there are two types of digital identities. One is federated and centralized whereby data is in the control of the service provider. Self-sovereign digital identity is often cited as a human right that can reclaim
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