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Over $200 billion were wiped off from the global cryptocurrency market in around 24 hours after TerraUSD stablecoin collapsed. Nearly $200 billion worth of wealth was wiped off from the cryptocurrency market in just 24 hours after TerraUSD stablecoin collapsed. TerraUSD, or UST, which was pegged one-on-one to US dollar, fell sharply below USD 1 mark, while its

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FM Nirmala Sitharaman says biggest risk of crypto is laundering, terror financing

Union Finance Minister Nirmala Sitharaman also highlighted India's performance in the digital world and the increase of the digital adoption rate in the country during pandemic. Union Finance Minister Nirmala Sitharaman during the annual spring meetings of the IMF and the World Bank flagged concerns surrounding the use of cryptocurrencies in money laundering and terror financing and called for a framework for the

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Amazon may not accept cryptocurrency, but could sell NFTs in future: Andy Jassy

Amazon CEO Andy Jassy in a recent interview said that the company could sell NFTs soon. He also said that cryptocurrency-based payments are not likely to arrive on the platform anytime soon. Amazon CEO Andy Jassy believes in the potential of cryptocurrencies. However, the company is not likely to start accepting cryptocurrencies on its retail platform anytime soon. Speaking at an interview with CNBC Jassy said “I don’t

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Cake Ösa electric motorbike review: hungry for more

The Cake Ösa electric motorbike is positioned as a "multifaceted utility platform with off-road capabilities." To test that claim, I took an Ösa Flex model on a sunrise surf safari and then cooked breakfast off the Ösa’s battery, which also powered my workday on a remote stretch of beach. Everyone — and I do mean everyone — has an opinion about the Ösa electric two-wheeler from Swedish upstarts Cake. It invokes such a surge of emotion that dozens of strangers felt compelled to exclaim unsolicited critiques at me over the last

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Apple ‘testing’ foldable with secondary E Ink display, says analyst

Apple is reportedly testing the use of a color display from E Ink as an external screen for a foldable device, according to noted analyst Ming-Chi Kuo. He adds that the E Ink display is also being tested in "tablet-like applications." Apple is reportedly testing the use of a color display from E Ink as an external screen for an unannounced foldable device, according to noted analyst Ming-Chi Kuo. “The color EPD [Electronic Paper Display] has the potential to become a mainstream

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