Recently, WazirX, a popular cryptocurrency exchange, faced a massive hack resulting in a loss of over $230 million. In the aftermath of this incident, users have been experiencing significant financial distress. The unfreezing of only 66 percent of users’ Indian Rupee (INR) balances added to the chaos. Many users have been urgently withdrawing their funds
Technology
In recent years, artificial intelligence (AI) has been expanding its reach far beyond just digital assistants and deepfake technology. Now, astronomers are tapping into the power of AI to gain a deeper understanding of the universe’s fundamental parameters. Researchers at the Flatiron Institute’s Center for Computational Astrophysics (CCA) in New York City have successfully utilized
The telecommunications regulator in Brazil announced on Friday that access to Elon Musk’s X social network would be suspended in the country. This decision came as a response to a judge’s order, initiating a crackdown on the popular platform due to its failure to appoint a legal representative within the specified timeframe. This move has
The Basel Committee on Banking Supervision (BCBS) has recently expressed its concerns regarding permissionless blockchains in the financial sector. While these blockchains are public and accessible to anyone, the committee is worried about the risks associated with their permissionless nature. Permissionless blockchains, also known as trustless or public blockchains, are decentralized networks that allow anyone
Samsung Galaxy Z Fold 6 was recently introduced at the Galaxy Unpacked event, boasting a large 7.6-inch primary display and a secondary 6.3-inch outer screen. Equipped with a Snapdragon 8 Gen 3 SoC and a 4,400mAh battery with fast charging capabilities, this foldable phone seemed to promise a lot to its users. However, some users
Airtel Payments Bank recently made headlines at the Global Fintech Fest 2024 with the launch of their innovative smartwatch. Teaming up with Noise and the National Payments Corporation of India (NPCI), the company unveiled a cutting-edge wearable device that incorporates National Common Mobility Card (NCMC) technology. This groundbreaking smartwatch not only offers seamless payment solutions
Argentina has taken a bold step towards equipping the next generation with knowledge and training in emerging technology by incorporating the study of Ethereum into the high school curriculum. The move, currently implemented in high schools in Buenos Aires, aims to introduce students to the Ethereum blockchain within their existing classrooms. This initiative, in collaboration
India’s digital Rupee, also known as the eRupee central bank digital currency (CBDC), is currently undergoing advanced trials conducted by 16 national banks. The eRupee has successfully onboarded five million users during its pilot phase, according to RBI Governor Shaktikanta Das. Speaking at a conference in Bengaluru, Das emphasized the importance of thorough investigation before
WhatsApp has been continuously working on enhancing user experience by adding new features to the platform. One of the most anticipated features is the support for chat themes, which will allow users to customize the look and feel of their chats. Additionally, the company is also exploring ways to protect users from unwanted contact through
Obsidian Entertainment’s highly anticipated action-RPG, Avowed, was recently delayed to February 18, 2025. One aspect of the game that has been confirmed is that it will run at 30fps on both Xbox Series X and Series S. This decision was made in order to prioritize graphical fidelity and lighting in the game. The art director,