Category Archives: Blog

Tesla’s Run of Record Deliveries May Take a Hit This Year Due to COVID-Related Shutdown, Predict Analysts

Tesla’s long run of record deliveries may get affected this year as a prolonged COVID-related shutdown in Shanghai hit its production and supply chain, opines the analysts. While Elon Musk has been pursuing the acquisition of social media platform Twitter, Tesla has grappled with production glitches in China and slow output growth at new factories…

eBay Debuts Sports-Themed NFT Collection on Polygon, Tezos-Based ‘OneOf’

eBay’s ‘Genesis’ NFT collection on ‘OneOF’ NFT platform has marked the entry of another established company into the Web3 space. Pieces in the collection are priced as high as $1,500 (roughly Rs. 1.15 lakh). NFT versions of sports players who made it to the covers of the Sports Illustrated magazine over the years, have also…

Coinbase Becomes First Cryptocurrency Company in Fortune 500 List, Bags 437th Position

Coinbase has made it to the prestigious list of the Fortune 500 companies. This is the first time that a crypto-related firm has made the cut to this annual listing. As per Fortune, Coinbase’s revenue of $7,839 million (roughly Rs. 60,728 crore) and market value of $41,670 million (roughly Rs. 1,64,808 crore), as of March,…

India Revises Rules for Social Media Companies, Calls It Necessary to Protect Indians’ Constitutional Rights

India reissued new rules on social media companies on Monday. The rules, which were proposed but abruptly withdrew last week, were issued without any changes. The Indian government believes that the law was needed because the companies had violated users’ constitutional rights in India.Read More

Bitcoin Holds on to $30,000 Territory While Ether, Altcoins Continue to Feel the Heat of Bearish Investors

The largest cryptocurrency was up slightly around the $30,000 (roughly Rs. 23.5 lakh) mark and about midway in the two-thousand-dollar range that it’s occupied for almost two weeks since the crash of the UST stablecoin. Other major cryptos meanwhile failed to change course as investors gripped tightly to their risk-averse bearishness.Read More