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Bug sends $90Mn to users, CEO begs for return

A bug accidentally sent users of decentralized finance platform Compound $90Mn worth cryptocurrency, leaving its creator’s CEO begging users to voluntarily send it back....

Bitcoin surpasses $50,000 for the first time in four weeks

The world’s biggest cryptocurrency Bitcoin exceeded the $50,000 mark for the first time in 4 weeks....

Facebook launches its largest creator education program in India

Today, on Instagram and Facebook’s 2021 edition of ‘Creator Day India’, the company launched its largest creator education and enablement program in India - www.bornoninstagram.com , thereby democratizing learning for creators across India. The day also featured creators who launched their own AR effects in partnership with Facebook, as well those who’ve monetized well and had learnings to share with all....

Bill Gates lauds Ayushman Digital Health Mission of India

Tech pioneer and billionaire Bill Gates has appreciated India’s digital health ID system, saying it would help in securing equitable, accessible healthcare delivery and accelerate progress on India’s health goals, in one of his twitter posts congratulating PM Narendra Modi for the launch of the Ayushman Digital Mission. ...

Xilinx collaborates with NEC on 5G Radio Units

Xilinx and NEC Corporation are collaborating to work on NEC’s new 5G Radio Units (RUs). The 5G RUs will be available for global deployment in 2022 and will use Xilinx’s 7nm Versal AI Core series devices which will enable advanced signal processing for massive MIMO beamforming with O-RAN interfaces....

mFine bags Rs 251 Cr in Series C round led by Beenext

mFine has raised Rs 251 crore or SGD 46.06 million in its Series C round led by existing backer Beenext and participated by several others. This is the second fundraise for the Bengaluru-based venture this year....

Instagram pauses work on 'Instagram Kids' focussed on kids aged under 13

As the kids are getting phones younger and younger, misrepresenting their age, and downloading apps that are meant for those 13 or older. Instagram announced it is pausing its work to build an Instagram experience for people under the age of 13, often referred to as "Instagram Kids". "This will give us time to work with parents, experts, policymakers and regulators," Instagram added. The development comes days after a WSJ article said Facebook knew Instagram was "toxic" for teenagers....

IIT Delhi forms Centre of Excellence on Quantum Technologies

The Indian Institute of Technology (IIT) Delhi has established a Centre of Excellence (CoE) on Quantum Technologies to integrate IIT Delhi’s research activity in various fields of Quantum Technologies. The CoE will bring synergy and coherence in the activities that are being carried out at IIT Delhi. It will also assist the principal investigators to participate in several significant projects from the DST and other agencies....

EU to impose the law on universal phone charger

The European Commission believes a standard cable for all devices will cut back on electronic waste, but Apple says a one-size fits all charger will stop innovation and create more pollution. The commission takes an important steps against growing e-waste and consumer inconvenience, caused by the prevalence of different, incompatible chargers for electronic devices....

Beware of trojan malware attack, CERT alerts customers of 27 major banks

The Computer Emergency Response Team (CERT-In) has alerted customers about a new banking trojan malware that is targeting customers by sending them a fake income-tax refund-related link. It has been observed that Indian banking customers are being targeted by a new type of mobile banking campaign using Drink android malware,” as per Cert-In....