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WazirX Tells Creditors to Approve Restructuring Scheme or Wait Till 2030 for Refunds
WazirX said if a majority of creditors vote against the scheme, they could have to wait for up to five years to get compensated for the funds they lost in the July 2024 hack. A company spokesperson told Gadgets 360 that the exchange plans to start the voting process by the end of February or early March.
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Explained: What Does USAID Do And Fund
In 2023, 70 of the 77 countries the World Bank determined to be low- and lower-middle income countries received USAID assistance.
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SpaceX and Vast Seek Research Ideas for Dragon and Haven-1 Space Station
SpaceX and Vast have called for research proposals for experiments aboard the upcoming Haven-1 space station and SpaceX’s Dragon spacecraft. The station is set to launch in August 2024, followed by a Crew Dragon mission carrying astronauts. Research will focus on human physiology in microgravity and autonomous experiments for low-Earth orbit. Sel...
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El Salvador Makes Bitcoin Payments Voluntary for Private Sector Merchants to Comply with IMF Loan Conditions
The IMF asked El Salvador to limit its engagement with Bitcoin in order to receive a loan of $1.4 billion (roughly Rs. 12,129 crore). To align with IMF’s condition, El Salvador has made BTC payments voluntary for local merchants in the private sector.
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MobiKwik, CRED Launch CBDC eRupee in Partnership with RBI and Yes Bank
MobiKwik is the first digital wallet to go live with a full-scale production version of the e-rupee wallet, the new CBDC product is available to all its Android users. Yes Bank's role as the first sponsor bank to enable CBDC issuance for a third party application provider (TPAP) like CRED exemplifies its commitment to supporting the future of digit...
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X Money Digital Payments Service Unveiled; Platform Partners Visa to Introduce P2P Payments
X Money was introduced by Elon Musk's X platform on Wednesday as a new digital wallet and payments service. The new X Money service will allow users to send and receive P2P payments, transferring funds from their bank to a digital wallet and then to another wallet, or directly using their debit card. Partnering with Visa, X Money aims to compete wi...
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Tata Motors Looks to Local Battery Play as EV Competition Rises
Tata's EV market lead shrunk to 62 percent in 2024 from 73 percent a year ago as rival JSW MG Motor gained share with its new cars. This year, Mahindra & Mahindra, Hyundai Motor and market leader Maruti Suzuki will also launch EVs in India.
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Sam Altman Slams Democrats Over Inquiry Into Trump Inaugural Fund Donation
Sam Altman pointed out that his past donations to Democratic candidates had never received similar attention.Â
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Apple CEO Tim Cook To Donate $1 Million To Trump Inauguration Fund: Report
Apart from Tim Cook, Donald Trump’s upcoming inauguration is receiving substantial backing from a range of high-profile donors.
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Bernie Madoff Ponzi Scheme Victims To Receive Final $131 Million Compensation
Thousands of people defrauded by Bernard Madoff's infamous Ponzi scheme will soon receive the final instalment of their compensation, ending an effort that has spanned over a decade.
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FTX Sues Binance and Ex-CEO Zhao, Seeking $1.8 Billion Clawback
FTX is seeking to claw back almost $1.8 billion it alleges was fraudulently transferred by Sam Bankman-Fried. Binance, Zhao and other Binance executives received the funds as part of a July 2021 share repurchase deal with Bankman-Fried, the FTX co-founder who is now in prison.
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US Government’s Crypto Wallet Holding Seized Bitfinex Funds Hacked: Arkham Intelligence
A US government crypto wallet holding assets seized from the 2016 Bitfinex hack has been compromised by an unidentified hacker, according to Arkham Intelligence.
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Microsoft, OpenAI Are Spending Millions on News Outlets to Let Them Try Out AI Tools
Microsoft and OpenAI, in collaboration with the Lenfest Institute for Journalism, announced an AI Collaborative and Fellowship programme on Tuesday. With this programme, the two tech giants will spend upwards of $10 million (roughly Rs. 84.07 crores) in direct funding as well as enterprise credits to use proprietary software. The companies highligh...
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FTX Cleared to Repay Billions to Customers After Bankruptcy Plan Approval
FTX has received court approval of its bankruptcy plan. The plan is built on a series of settlements with FTX customers and creditors, US government agencies, and liquidators appointed to wind down FTX's operations outside the US.Â
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NASA Selects Two Astrophysics Mission Proposals for X-Ray and Far-Infrared Wavelength Observations
NASA has selected two mission proposals for further study, focusing on X-ray and far-infrared wavelengths to explore key cosmic phenomena. The Advanced X-ray Imaging Satellite, led by Christopher Reynolds, will investigate supermassive black holes and galaxy evolution. The Probe Far-Infrared Mission, led by Jason Glenn, will examine planetary forma...
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WazirX Tells Creditors to Approve Restructuring Scheme or Wait Till 2030 for Refunds
WazirX said if a majority of creditors vote against the scheme, they could have to wait for up to five years to get compensated for the funds they lost in the July 2024 hack. A company spokesperson told Gadgets 360 that the exchange plans to start the voting process by the end of February or early March.
-
Explained: What Does USAID Do And Fund
In 2023, 70 of the 77 countries the World Bank determined to be low- and lower-middle income countries received USAID assistance.
-
SpaceX and Vast Seek Research Ideas for Dragon and Haven-1 Space Station
SpaceX and Vast have called for research proposals for experiments aboard the upcoming Haven-1 space station and SpaceX’s Dragon spacecraft. The station is set to launch in August 2024, followed by a Crew Dragon mission carrying astronauts. Research will focus on human physiology in microgravity and autonomous experiments for low-Earth orbit. Sel...
-
El Salvador Makes Bitcoin Payments Voluntary for Private Sector Merchants to Comply with IMF Loan Conditions
The IMF asked El Salvador to limit its engagement with Bitcoin in order to receive a loan of $1.4 billion (roughly Rs. 12,129 crore). To align with IMF’s condition, El Salvador has made BTC payments voluntary for local merchants in the private sector.
-
MobiKwik, CRED Launch CBDC eRupee in Partnership with RBI and Yes Bank
MobiKwik is the first digital wallet to go live with a full-scale production version of the e-rupee wallet, the new CBDC product is available to all its Android users. Yes Bank's role as the first sponsor bank to enable CBDC issuance for a third party application provider (TPAP) like CRED exemplifies its commitment to supporting the future of digit...
-
X Money Digital Payments Service Unveiled; Platform Partners Visa to Introduce P2P Payments
X Money was introduced by Elon Musk's X platform on Wednesday as a new digital wallet and payments service. The new X Money service will allow users to send and receive P2P payments, transferring funds from their bank to a digital wallet and then to another wallet, or directly using their debit card. Partnering with Visa, X Money aims to compete wi...
-
Tata Motors Looks to Local Battery Play as EV Competition Rises
Tata's EV market lead shrunk to 62 percent in 2024 from 73 percent a year ago as rival JSW MG Motor gained share with its new cars. This year, Mahindra & Mahindra, Hyundai Motor and market leader Maruti Suzuki will also launch EVs in India.
-
Sam Altman Slams Democrats Over Inquiry Into Trump Inaugural Fund Donation
Sam Altman pointed out that his past donations to Democratic candidates had never received similar attention.Â
-
Apple CEO Tim Cook To Donate $1 Million To Trump Inauguration Fund: Report
Apart from Tim Cook, Donald Trump’s upcoming inauguration is receiving substantial backing from a range of high-profile donors.
-
Bernie Madoff Ponzi Scheme Victims To Receive Final $131 Million Compensation
Thousands of people defrauded by Bernard Madoff's infamous Ponzi scheme will soon receive the final instalment of their compensation, ending an effort that has spanned over a decade.
-
FTX Sues Binance and Ex-CEO Zhao, Seeking $1.8 Billion Clawback
FTX is seeking to claw back almost $1.8 billion it alleges was fraudulently transferred by Sam Bankman-Fried. Binance, Zhao and other Binance executives received the funds as part of a July 2021 share repurchase deal with Bankman-Fried, the FTX co-founder who is now in prison.
-
US Government’s Crypto Wallet Holding Seized Bitfinex Funds Hacked: Arkham Intelligence
A US government crypto wallet holding assets seized from the 2016 Bitfinex hack has been compromised by an unidentified hacker, according to Arkham Intelligence.
-
Microsoft, OpenAI Are Spending Millions on News Outlets to Let Them Try Out AI Tools
Microsoft and OpenAI, in collaboration with the Lenfest Institute for Journalism, announced an AI Collaborative and Fellowship programme on Tuesday. With this programme, the two tech giants will spend upwards of $10 million (roughly Rs. 84.07 crores) in direct funding as well as enterprise credits to use proprietary software. The companies highligh...
-
FTX Cleared to Repay Billions to Customers After Bankruptcy Plan Approval
FTX has received court approval of its bankruptcy plan. The plan is built on a series of settlements with FTX customers and creditors, US government agencies, and liquidators appointed to wind down FTX's operations outside the US.Â
-
NASA Selects Two Astrophysics Mission Proposals for X-Ray and Far-Infrared Wavelength Observations
NASA has selected two mission proposals for further study, focusing on X-ray and far-infrared wavelengths to explore key cosmic phenomena. The Advanced X-ray Imaging Satellite, led by Christopher Reynolds, will investigate supermassive black holes and galaxy evolution. The Probe Far-Infrared Mission, led by Jason Glenn, will examine planetary forma...
