As bitcoin raced to another record high on Tuesday, one of the biggest providers of digital currency wallets, Coinbase, went down under the weight of traffic, leaving many of its more than 10 million customers unable to access their funds. At the same time, Bitfinex, the world’s biggest bitcoin exchange by trading volume, said it […]
Another Bitcoin security breach costed $79 million to a cryptocurrency exchange site NiceHash. NiceHash posted the theft on Facebook: In the breach, $79 million worth of bitcoin was stolen by hackers from NiceHash’s servers, in a scenario where Bitcoin reaches to almost $16,800. “In addition to undertaking our own investigation, the incident has been reported […]
The generally smooth launch of bitcoin futures on Cboe Global Markets could pave the way for other cryptocurrency-related products like options and ETFs, the head of the exchange operator said in an interview on Monday. It may take U.S. regulators a bit longer to warm to the idea of a proliferation of products and securities […]
Beijing, China’s ride hailing giant Didi Chuxing is planning to expand its services to expand to Mexico by next year, marking the company’s first international expansion move. This also signals a new phase of competition with global ride sharing company Uber, which quit its Chinese business by selling it to Didi in 2016 after lengthy […]
Bitcoin rocketed to a lifetime high well above $16,000 on Thursday after climbing some 67 percent over one week, intensifying the debate about whether the cryptocurrency is in a bubble about to burst. The largest U.S. cryptocurrency exchange struggled to keep up with record traffic as the price surged, with an upcoming launch of the […]
Prime Minister Narendra Modi has emerged as the “most tweeted about world leader” after US President Donald Trump in 2017, micro-blogging site Twitter said today. Two postings of former US president Barack Obama were among the top three most-liked tweets of 2017. Obama’s tweet “No one is born hating another person because of the colour […]
China is planning to establish a robot station on the moon to conduct bigger and more complicated experimental research on lunar geography, a media report said today. The station could slash the costs of returning rock samples to Earth, said Jiao Weixin, a Peking University space science professor. A sustainable robot station would enhance lunar […]
Alphabet Inc’s YouTube said on Monday it plans to add more people next year to review and remove violent or extremist content on the video platform. YouTube is taking stern actions to protect its users against inappropriate content with stricter policies and larger enforcement teams, YouTube CEO Susan Wojcicki said in a blog post. “We […]
Japanese automaker Nissan Motor has begun international arbitration against India to seek more than $770 million in a dispute over unpaid state incentives, according to a person familiar with the matter and documents reviewed by Reuters. In a legal notice sent to Prime Minister Narendra Modi last year, Nissan sought payment of incentives due from […]
Japanese multinational telecommunications corporation SoftBank Group has offered to buy shares from investors and former and existing employees of Indian e-commerce website Flipkart, valuing it around $9-10 billion. SoftBank has offered to buy Flipkart shares at $85-89 per share, Mint reported. The price range values Flipkart slightly lower than the pre-money valuation it clinched in […]
We realize that sometimes Android phones track our location to help us book an Uber or provide a better route on maps. But when we don’t require GPS we turn location sharing off and think now we’re off the grid! Well! That’s where you’re wrong! Google recently admitted that it is tracking its users even […]
Self-drive car rental service Zoomcar India Pvt Ltd is in talks to raise a funding of $50 million from new and existing investors, Mint reported. Citing two people aware of the development, the financial daily reported that Zoomcar’s funding talks have progressed with M&M (Mahindra & Mahindra) the Indian multinational car manufacturing corporation headquartered in […]