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Total Capitalisation of Digital Assets Rose by 44 Percent in H1 2024: Binance
Binance has revealed that the overall capitalisation of the crypto sector rose by 44 percent or $720 billion (roughly Rs. 60,45,112 crore) in the first half of 2024. The influx of stablecoins into the crypto market has also shown a significant rise this year. Stablecoins are those crypto assets that are backed by traditional assets like fiat curren...
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Satoshi Nakamoto Climbing Up ‘World’s Richest’ Ladder as Bitcoin Explodes in Value
As Bitcoin is rising in value, its anonymous creator who goes by the pseudoname of Satoshi Nakamoto is also getting richer. Nakamoto’s estimated holding of 1,125,150 Bitcoin has breached the mark of $60 billion (roughly Rs. 4,97,301 crore) as of Tuesday, February 27.
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Paytm Reported 51.5 Percent Rise in Q4 Revenue, Posted Profit for Second Consecutive Quarter
Indian digital payments firm Paytm reported a 51.5 percent rise in fourth-quarter revenue on Friday, aided by a surge in loan growth, and posted an operating profit for a second consecutive quarter. Paytm's parent, One 97 Communications, said revenue rose to Rs. 23.35 billion in the January-March quarter, from Rs. 15.41 billion a year earlier.
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MoS IT Rajeev Chandrasekhar to Meet Indian Startups to Assess Impact of Silicon Valley Bank's Collapse
ndia's state minister for technology said on Sunday he will meet start-ups this week to assess the impact on them of Silicon Valley Bank's collapse, as concerns rise about the fallout for the Indian start-up sector. "Start-ups are an important part of the new India economy. I will meet with Indian Startups this week to understand impact on them and...
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Seven Mega Banks to Team Up on Digital Wallet, Compete With Apple Pay, PayPal: Report
In the second half of 2023, seven major banks could co-launch a digital wallet service. These banks include Wells Fargo, Truist, Capital One, PNC Bank, and the US Bank along with Bank of America and JP Morgan. The banks involved in this project are looking to prevent losing customers, who are accustomed to using instant online payment services and ...
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Indian Housing Market To Defy Global Downtrend, Rise 5%: Report
The findings highlight how the housing market, one of the biggest employers in a country of around 1.4 billion people, is likely to remain a stable contributor to growth in Asia's third-largest economy going forward.
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Dogecoin Rises as Second Largest PoW Cryptocurrency Following Ethereum Merge Arrival
The Dogecoin has emerged as the second largest cryptocurrency after Bitcoin one day after Ethereum’s eco-friendly Merge update went live on September 15. Dogecoin was created by software engineers Billy Markus and Jackson Palmer. Markus in 2021, had admitted in an interview that he made Dogecoin in ‘just two hours’, and didn’t even ‘think...
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Meta Reports Rise in Daily Facebook Users to 1.97 Billion Amid First Revenue Drop in History
Meta, previously known as Facebook, announced it saw a rise in daily active users to 1.97 billion, while monthly active users dropped to 2.93 billion in Q2 2022. The company on Wednesday reported its first ever quarterly revenue drop, one percent, as revenue fell to $28.8 billion (roughly Rs. 2,29,700 crore) for the first time for the company since...
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Terra Luna Doubles In Past One Month, Despite Increasing Crypto Volatility
With the dramatic rise, the total market cap of Terra has zoomed to $34 billion, making it the seventh-largest token.
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"Loss To Women's Movement": Feminist Icon Kamla Bhasin Dies At 75
Women's rights activist Kamla Bhasin, known for being a part of 'One Billion Rising' campaign in South Asia among other important movements, died today.
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Cryptocurrency Firm FTX Trading's Valuation Rises to $18 Billion After $900-Million Investment
FTX Trading said on Tuesday its valuation had risen to $18 billion (roughly Rs. 1,34,280 crores) after a $900-million (roughly Rs. 6,710 crores) funding round that included SoftBank Group and was one of the biggest fundraisers for a cryptocurrency company.
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TikTok Crosses 1 Billion Installs Milestone on Google Play Store Amid Lockdown
Popular short-format video platform TikTok has already crossed a billion downloads on the Play Store, as more and more people are forced to stay indoors due to the Coronavirus pandemic.
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1 More Coronavirus Case, Total 30, Delhi Shuts Primary Schools: 10 Points
One more person tested positive for coronavirus on Thursday, taking the number of affected persons to 30. The figure had taken a jump from Wednesday with a group of 14 Italian tourists testing positive for the virus. The rising number of cases has pushed the Delhi government to shut the primary schools till March 31. A similar decision is likely fo...
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This New App Aims To Fight Patriarchy On Digital Streets
Young girls and women came together at Delhi's Miranda College on Saturday to wage a battle against patriarchy. Aiding their fight is a new ally - Smashboard, which is "an alternative social media network with special features for people of all genders fighting patriarchy".
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PM Modi Invites Israeli Defence Companies To Make In India: 10 Points
Prime Minister Narendra Modi has invited Israeli defence companies to India for co-production during his bilateral meeting with Benjamin Netanyahu, his Israeli counterpart whom he referred to as "my friend Bibi". The two countries signed nine agreements, including ones on cooperation in the oil and gas sector and co-production of films. The two lea...
-
Total Capitalisation of Digital Assets Rose by 44 Percent in H1 2024: Binance
Binance has revealed that the overall capitalisation of the crypto sector rose by 44 percent or $720 billion (roughly Rs. 60,45,112 crore) in the first half of 2024. The influx of stablecoins into the crypto market has also shown a significant rise this year. Stablecoins are those crypto assets that are backed by traditional assets like fiat curren...
-
Satoshi Nakamoto Climbing Up ‘World’s Richest’ Ladder as Bitcoin Explodes in Value
As Bitcoin is rising in value, its anonymous creator who goes by the pseudoname of Satoshi Nakamoto is also getting richer. Nakamoto’s estimated holding of 1,125,150 Bitcoin has breached the mark of $60 billion (roughly Rs. 4,97,301 crore) as of Tuesday, February 27.
-
Paytm Reported 51.5 Percent Rise in Q4 Revenue, Posted Profit for Second Consecutive Quarter
Indian digital payments firm Paytm reported a 51.5 percent rise in fourth-quarter revenue on Friday, aided by a surge in loan growth, and posted an operating profit for a second consecutive quarter. Paytm's parent, One 97 Communications, said revenue rose to Rs. 23.35 billion in the January-March quarter, from Rs. 15.41 billion a year earlier.
-
MoS IT Rajeev Chandrasekhar to Meet Indian Startups to Assess Impact of Silicon Valley Bank's Collapse
ndia's state minister for technology said on Sunday he will meet start-ups this week to assess the impact on them of Silicon Valley Bank's collapse, as concerns rise about the fallout for the Indian start-up sector. "Start-ups are an important part of the new India economy. I will meet with Indian Startups this week to understand impact on them and...
-
Seven Mega Banks to Team Up on Digital Wallet, Compete With Apple Pay, PayPal: Report
In the second half of 2023, seven major banks could co-launch a digital wallet service. These banks include Wells Fargo, Truist, Capital One, PNC Bank, and the US Bank along with Bank of America and JP Morgan. The banks involved in this project are looking to prevent losing customers, who are accustomed to using instant online payment services and ...
-
Indian Housing Market To Defy Global Downtrend, Rise 5%: Report
The findings highlight how the housing market, one of the biggest employers in a country of around 1.4 billion people, is likely to remain a stable contributor to growth in Asia's third-largest economy going forward.
-
Dogecoin Rises as Second Largest PoW Cryptocurrency Following Ethereum Merge Arrival
The Dogecoin has emerged as the second largest cryptocurrency after Bitcoin one day after Ethereum’s eco-friendly Merge update went live on September 15. Dogecoin was created by software engineers Billy Markus and Jackson Palmer. Markus in 2021, had admitted in an interview that he made Dogecoin in ‘just two hours’, and didn’t even ‘think...
-
Meta Reports Rise in Daily Facebook Users to 1.97 Billion Amid First Revenue Drop in History
Meta, previously known as Facebook, announced it saw a rise in daily active users to 1.97 billion, while monthly active users dropped to 2.93 billion in Q2 2022. The company on Wednesday reported its first ever quarterly revenue drop, one percent, as revenue fell to $28.8 billion (roughly Rs. 2,29,700 crore) for the first time for the company since...
-
Terra Luna Doubles In Past One Month, Despite Increasing Crypto Volatility
With the dramatic rise, the total market cap of Terra has zoomed to $34 billion, making it the seventh-largest token.
-
"Loss To Women's Movement": Feminist Icon Kamla Bhasin Dies At 75
Women's rights activist Kamla Bhasin, known for being a part of 'One Billion Rising' campaign in South Asia among other important movements, died today.
-
Cryptocurrency Firm FTX Trading's Valuation Rises to $18 Billion After $900-Million Investment
FTX Trading said on Tuesday its valuation had risen to $18 billion (roughly Rs. 1,34,280 crores) after a $900-million (roughly Rs. 6,710 crores) funding round that included SoftBank Group and was one of the biggest fundraisers for a cryptocurrency company.
-
TikTok Crosses 1 Billion Installs Milestone on Google Play Store Amid Lockdown
Popular short-format video platform TikTok has already crossed a billion downloads on the Play Store, as more and more people are forced to stay indoors due to the Coronavirus pandemic.
-
1 More Coronavirus Case, Total 30, Delhi Shuts Primary Schools: 10 Points
One more person tested positive for coronavirus on Thursday, taking the number of affected persons to 30. The figure had taken a jump from Wednesday with a group of 14 Italian tourists testing positive for the virus. The rising number of cases has pushed the Delhi government to shut the primary schools till March 31. A similar decision is likely fo...
-
This New App Aims To Fight Patriarchy On Digital Streets
Young girls and women came together at Delhi's Miranda College on Saturday to wage a battle against patriarchy. Aiding their fight is a new ally - Smashboard, which is "an alternative social media network with special features for people of all genders fighting patriarchy".
-
PM Modi Invites Israeli Defence Companies To Make In India: 10 Points
Prime Minister Narendra Modi has invited Israeli defence companies to India for co-production during his bilateral meeting with Benjamin Netanyahu, his Israeli counterpart whom he referred to as "my friend Bibi". The two countries signed nine agreements, including ones on cooperation in the oil and gas sector and co-production of films. The two lea...
