Coinbase accused of neglecting security, costing users up to $300M annually
Source: Coin Tegraph Crypto investigators ZachXBT and tanuki42 claim Coinbase neglected security lapses that cost users more than $300 million annually. Read Full Article
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Opera’s new browser might save you from doomscrolling
Source: The Verge Norway-based Opera has announced a new browser, Opera Air, with a focus on mindfulness and mental wellbeing. It includes break reminders, breathing exercises, and a suite of relaxing soundscapes to help users both focus and de-stress. “The web is beautiful but it can be chaotic and overwhelming,” says Mohamed Salah, Opera’s senior…
Tata Power Q3 Results: Net profit rises 10.3% YoY to ₹1,187 crore, revenue up 5% YoY | Stock Market News
Source: Live Mint Tata Power, one of India’s largest integrated power companies, released its December quarter performance today, February 4, reporting a 10.35% jump in consolidated net profit at ₹1,187.54 crore, compared to a net profit of ₹1,076.12 crore posted in the same period last year. Sequentially, net profit improved by 8.6%, as the company…
ATM cash withdrawals to become costly? RBI plans to raise interchange fee, says report | Mint
Source: Live Mint The Reserve Bank of India (RBI) is planning to raise the maximum fees that banks can charge customers for exceeding the “free five transactions” limit and the ATM interchange fees, reported the Hindu BusinessLine news portal, citing people aware of the development on Tuesday, February 4. This increase in charges will mean…
THORChain approves plan to restructure $200M debt
Source: Coin Tegraph THORChain’s node operators approved a plan to convert $200 million in debt into equity tokens, but community members are raising concerns over its long-term viability. Read Full Article
China opens Google antitrust probe in retaliation to tariffs
Source: The Verge Google’s search and internet services have been blocked in China since 2010, but the antitrust investigation may interfere with its other dealings with Chinese companies. Details about the probe are slim. It was announced within minutes of President Trump’s 10 percent tariffs on Chinese goods going into effect. The Chinese government says…
CFTC’s Inquiry: Crypto.com, Kalshi Under Scrutiny For Super Bowl Wagering | TheSpuzz
Source: Bitcoinist The Commodity Futures Trading Commission (CFTC) has initiated inquiries into Crypto.com and Kalshi Inc. regarding their recently launched event contracts tied to the Super Bowl, as reported by Bloomberg. Crypto.com Vows Cooperation: Prepared To Address CFTC’s Questions Under existing statutes, the CFTC has the authority to request additional information from companies that self-certify…
Personal Loans: What are the risks of borrowing money through digital lending apps? | Mint
Source: Live Mint Borrowing money i.e., personal loan through digital applications can expose aspirational borrowers to various risks. These include high interest rates, hidden facts, aggressive recollection practices, cheating, harassment of all forms etc. Many borrowers generally don’t fully understand the terms and conditions of their personal loans, leading to the possibility of exploitation by…
Telegram’s TON exclusivity ‘not a limitation but a necessity’ — Steve Yun
Source: Coin Tegraph Steve Yun, founder of the TON-focused $100 million fund, TVM Ventures, is bullish on TON despite the Toncoin market cap dropping by 64% since April 2024. Read Full Article
Upcoming IPO: Delhi-based Indogulf Cropsciences gets Sebi nod for IPO | Stock Market News
Source: Live Mint Upcoming IPO: Indogulf Cropsciences Limited, headquartered in Delhi, has been issued final observation by the Securities and Exchange Board of India (SEBI), allowing them to raise up to ₹200 crore through an initial public offering (IPO). The company submitted its IPO documents to SEBI on September 25, 2024. Indogulf Cropsciences commenced its…