India’s financial crime fighting agency, the Enforcement Directorate, has reportedly asked a court to re-instate a freeze on $725 million in the Indian bank accounts of Xiaomi as it investigates fund transfers by the Chinese smartphone giant.Read More
Category Archives: Blog
A severe drop in crypto prices this year has also impacted several crypto exchanges with stringent job cuts being announced. But some exchanges have managed to buck the trend, and are expanding operations even as markets tumble.Read More
Facebook-owner Meta Platforms is launching a digital clothing store where users can purchase designer outfits for their avatars, Chief Executive Mark Zuckerberg said on Friday.Read More
Blockchain security firm Halborn informed Metamask, Brave, and Phantom among other wallet providers, about a vulnerability called Demonic. This threat, that hovers over those who access their crypto wallets via browsers, could lead to hostile takeovers of the attacked wallets. Affected wallet firms are deploying security solutions to tackle with this issue.Read More
WhatsApp for iPhone has been spotted introducing an expanded list of emojis for message reactions. WhatsApp currently supports a total of six emoji reactions.Read More
Redmi Note 11T and the Redmi Note 11T Pro are all set to launch in China this month. Besides, Poco is reportedly gearing up to launch new smartphones along with Poco M4 5G globally. Ahead of any official announcement, the purported Poco smartphones were spotted on the FCC website. The model numbers suggest that these…
The overall crypto market has dropped dramatically in value now that individual assets are failing to rope-in investments. Along with BTC and ETH, Binance Coin, Solana, and Cardano saw losses on Friday, June 17. DOGE and SHIB also continued to be impacted by losses.Read More
Telegram Premium has been started rolling out to users. The paid subscription brings additional features including access to up to 4GB file uploads, faster downloads, and new stickers. Telegram also announced that its active monthly user base has been increased to 700 million users — from 500 million users in January 2021.Read More
ED froze Xiaomi’s $478 million (roughly Rs. 3,699 crore) worth of deposits in local bank accounts as part of an investigation into alleged tax evasion, according to sources. The freeze by the income tax department was cited by Xiaomi in a May 4 court filing in southern Karnataka state.Read More
Reliance Industries and two of its compliance officers were fined for violating fair disclosure norms during Facebook’s 2020 investment in its digital unit in 2020. SEBI said Reliance did not disclose the deal even after newspaper reports in March 2020 published price-sensitive details about the imminent investment that led to a spike in its shares.Read…