Technology

WazirX, a prominent cryptocurrency exchange platform, has been facing significant challenges in recent times. Following a massive hack that resulted in a loss of over $230 million in users’ funds, the platform has been struggling to recover. The unfreezing of 66 percent of users’ INR balances on August 26 led to a surge in withdrawals
The field of astronomy is undergoing a transformation with the integration of artificial intelligence (AI) into research practices. Beyond the typical applications of AI in digital assistants and deepfake technology, astronomers are now utilizing AI to delve deeper into understanding the fundamental parameters of the universe. A team of researchers at the Flatiron Institute’s Center
The Basel Committee on Banking Supervision (BCBS) has recently expressed its concerns regarding permissionless blockchains that are accessible to the public. The BCBS, which sets the global standards for banking regulations, emphasized that the issue does not lie in the public nature of these blockchains, but rather in their permissionless nature. This means that while
Airtel Payments Bank recently unveiled a pioneering smartwatch with National Common Mobility Card (NCMC) technology integration at the Global Fintech Fest 2024. This groundbreaking collaboration between Airtel Payments Bank, Noise, and the National Payments Corporation of India (NPCI) introduces a new era of wearable technology in the banking sector. The Airtel Payments Bank Smartwatch boasts
India’s digital Rupee, also known as the eRupee central bank digital currency (CBDC), is making significant strides in revolutionizing the financial landscape of the country. With five million users already on board during its pilot stage, the eRupee has the potential to transform the way transactions are conducted. RBI Governor Shaktikanta Das emphasized the importance