The Indian Supreme Court on July 27 reprimanded the Union government for the lack of crypto regulations in the country, according to a report in a local media outlet. The Supreme Court in its observation noted that it is “unfortunate” that the government has yet to release any clear guidelines around cryptocurrencies. The observation from
Month: July 2023
United States Representatives Gus Bilirakis and Jan Schakowsky penned a formal letter to Apple CEO Tim Cook about concerns related to the California-based company’s App Store, and the potential effect of its guidelines on emerging technologies like blockchain and nonfungible tokens (NFTs). The letter requests information about whether the App Store’s guidelines might inadvertently hinder
US President Joe Biden is planning to sign an executive order to limit critical US technology investments in China by mid-August, according to people familiar with the internal deliberations. The order focuses on semiconductors, artificial intelligence and quantum computing. It won’t affect any existing investments and will only prohibit certain transactions. Other deals will have
FTX Founder Sam Bankman-Fried arrives at Manhattan Federal Court for a court appearance in New York, United States on June 15, 2023. Fatih Aktas/ | Anadolu Agency | Getty Images Federal prosecutors asked a judge to revoke FTX founder Sam Bankman-Fried’s bail in a Manhattan court filing Friday, claiming that the billionaire had violated the
Ptron, the homegrown Indian brand, has launched its latest pair of earphones in the affordable segment. Dubbed Ptron Zenbuds Ultima, the new true wireless stereo (TWS) earphones from the company offer up to 50 hours of total playback time, Bluetooth version 5.3 connectivity, and feature a 40ms low-latency gaming mode. The Zenbuds Ultima earphones sport
Elon Musk said on Friday that monthly users of social media platform X, formerly known as Twitter, reached a “new high” and shared a graph that showed the latest count as over 540 million. Musk’s post on X about the user figures comes as the company goes through organisational changes and looks to boost advertising
Jul 29, 2023THNAndroid / Malware A new Android malware strain called CherryBlos has been observed making use of optical character recognition (OCR) techniques to gather sensitive data stored in pictures. CherryBlos, per Trend Micro, is distributed via bogus posts on social media platforms and comes with capabilities to steal cryptocurrency wallet-related credentials and act as
Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you the most significant developments from the past week. The past week in DeFi was dominated by exploits and hacks, with three DeFi platforms losing nearly $39 million. Alphapo’s hot wallets were exploited for over $32
Bitcoin (BTC) stayed rangebound at the July 28 Wall Street open despite further United States inflation data beating expectations. BTC/USD 1-hour chart. Source: TradingView Fed’s “preferred” inflation metric points to waning pressure Data from Cointelegraph Markets Pro and TradingView showed BTC price action getting only a modest boost from the Personal Consumption Expenditures (PCE) Index
Hester Pierce, commissioner of the United States Securities and Exchange (SEC), has raised concerns about the watchdog’s recent statement advising accounting firms against taking on non-audit work for crypto firms. In a July 28 tweet, Pierce challenged the recent statement made by the SEC’s chief accountant Paul Munter, proposing that accounting firms adopt an all-or-nothing approach
India isn’t seen as a huge market for handheld gaming consoles. Nintendo doesn’t have an official presence here at all, Sony never really promoted the PS Vita, and there’s no hope of the Steam Deck coming in anytime soon. There clearly is some demand, evidenced by the easy availability of grey-market Nintendo Switch units, online
Infinix GT 10 Pro is all set to go official in India on Thursday, August 3, but ahead of it, the Transsion Group subsidiary has revealed the pricing and key specifications of the upcoming handset. It is teased to run MediaTek Dimensity 8050 SoC, coupled with up to 8GB of RAM and 256GB of onboard
Proof of humanity protocol Worldcoin released its audit reports on July 28 as criticism of its data collection practices continues to mount. The new reports were conducted by security consulting firms Nethermind and Least Authority. According to an accompanying announcement from Worldcoin, Nethermind found 26 security issues with the protocol, of which 24 were “identified
The year 2022 was not a very good year for Cosmos and its vision of inter-blockchain communications (IBC). The collapse of the Terra Luna ecosystem (the biggest protocol on Cosmos at the time), tension between co-founders and a fall in the token’s price all cast a shadow on its future prospects. That said, projects such
Following the summary judgment delivered in favor of Ripple in the ongoing XRP vs. SEC lawsuit, the Chair of the United States Securities and Exchange Commission (SEC), Gary Gensler, remains taciturn on the commission’s next line of action. During a segment on Bloomberg TV, Gensler was evasive on questions bothering on whether the SEC intends
The launch of memecoin Pond0x (PNDX) has led to millions of dollars in losses for investors, according to multiple reports on social media on July 28. Data from the Maestrobots trading app shows that the token reached a price of $0.36 before collapsing to near zero in a span of five minutes. Maestrobots chart of
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