It’s difficult to imagine what one human body can endure after being hit by a large truck. Even the slightest impact has the potential of breaking bones, tearing ligaments and tendons, or even dislocating joints. As if the injuries weren’t bad enough on their own, they are often compounded by other elements introduced into the…
The CEO of cryptocurrency exchange crypto.com, a cryptocurrency platform endorsed by famous Hollywood actor Matt Damon, has confirmed that hundreds of user accounts were hacked and their funds stolen. CEO Kris Marszalek told the media that nearly 400 customer accounts had been compromised. During the hack, Crypto.com paused its users’ ability to withdraw funds. “We…
Chancellor of the Exchequer Rishi Sunak has laid out plans for the UK’s Financial Conduct Authority (FCA) to crack down on misleading adverts of cryptocurrency, bringing it in line with other financial promotions. A consultation response, published on Tuesday, sets out the UK government’s plan to bring the promotion of so-called cryptoassets within the scope…
The term “metaverse” is everywhere. On Tuesday, Microsoft cited the so-called metaverse as a reason for acquiring the game developer Activision Blizzard for $68.7 billion, saying the deal would provide “building blocks for the metaverse.” Facebook’s founder, Mark Zuckerberg, has also bet on the metaverse and renamed his social networking company Meta. Google has worked…
Sahicoin, a crypto-native social platform, has raised $1.75 million in the latest seed round led by Alameda Ventures (FTX), Better Capital Ventures, and other institutional investors. The fresh round of funding will be deployed to scale the team across engineering & product, and grow the platform. Founded by IIT Kanpur alumni, Amit Nayak, Ankush Rajput,…
With an aim to reign in cryptocurrency ads promising wild returns, Spain has now joined countries like Singapore and India, stressing that the advertising of crypto-assets must be clear, balanced, fair and explain risks to the public. Spain’s National Securities Market Commission has issued new guidelines, to come into force from February 17, that mandates…
The UK government on Tuesday joined a slew of nations in cracking down on misleading cryptocurrency ads to protect consumers. The country has joined Spain, Singapore and India in an effort to reign in cryptocurrency advertisements that promise wild returns. The UK Treasury published a consultation response, saying that proposed legislation will also provide the…
While some investing apps make users draw a hard line between automation and customization, M1 Finance offers individuals both the flexibility to make personal decisions about their portfolio along with enough automation so that they do not need to be constantly micromanaging their finances. What will I learn with this M1 Finance Review? This…
The Omicron-led third wave of Covid-19 may turn out to be “more of a flash flood than a wave” for the Indian economy, the RBI has said. More on that story in our top headlines Tuesday: Synchronised global regulation of crypto needed: PM Modi at WEF Prime Minister Narendra Modi on Monday called for synchronised…
Prime Minister Narendra Modi on Monday called for synchronised global action to regulate cryptocurrencies, at a time when India is contemplating bringing a legislation to regulate such virtual currencies. Speaking at the virtual summit of the World Economic Forum, Modi said that steps taken by one country to regulate cryptocurrencies may not be sufficient, given…
