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
Technology
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,
Cryptocurrency hackers have been known to target various sectors, but their recent focus has shifted towards popular brands and celebrities on social media. In a recent incident, McDonald’s Instagram account, with a following of 5.1 million, was hacked to promote a fraudulent memecoin called ‘Grimace’. The hack caused panic among the fast-food giant’s followers, as
As Apple gears up to launch the iPhone 16 series, new leaks suggest that the iPhone 16 Pro Max will boast thinner screen bezels than any other smartphone on the market. According to tipster Ice Universe, the upcoming flagship phone will feature impressively slim 1.15mm bezels, a significant improvement over last year’s iPhone 15 Pro
After more than a year of being exclusive to PS5, Final Fantasy XVI is finally making its way to PC. Square Enix recently announced that the highly-anticipated game will be available on both Steam and Epic Games Store starting September 17. This news has thrilled PC gamers who have been eagerly awaiting the opportunity to