Bitcoin Dives to a Six-Month Low on China Crackdown

Bitcoin slumped to a six-month low on Friday after China's central bank launched a fresh crackdown on cryptocurrencies, warning of the risks entailed in issuing or trading them.

Comments

Post a Comment

Popular posts from this blog

Coinbase to Ramp Up Web3 Initiatives in the UK as Japan, Dubai Race to Become Blockchain Hubs

The Web3 sector is catching the attention of global industries, who are now looking at metaverse and NFTs as important revamps to tackle the existing monotony in the advertising and marketing industries. While nations like Japan, Dubai, and South Korea are accelerating efforts to establish themselves as Web3 hubs, UK does not wish to be left behind in adopting the new age technology. Coinbase, which is among the biggest names in the crypto industry, will be ramping up Web3 initiatives in the UK in the coming days. Brian Armstrong , the CEO of the Coinbase crypto exchange, is set to address the UK Fintech Week on Tuesday, April 18. As per an official Coinbase blog , Armstrong will be discussing in detail how the company intends on helping the UK become an innovation hotspot for Web3 ventures. A total of nine steps have been listed by Coinbase on how more Web3 initiatives could decide UK as the epicentre of their activities. These steps include having British banks collaborate with cr...
Read more

Oppo K11 5G With Snapdragon 782G SoC, 100W Fast Charging Launched: Price, Specifications

Image
Oppo K11 5G has been unveiled in China today (July 25) as the latest handset in the company's K-series. The new 5G smartphone runs on Snapdragon 782G SoC and is available in three RAM and storage configurations. It is offered in two colour options and the handset features a hole punch cutout on the display for housing the selfie camera. It has a triple camera setup at the rear, led by a 50-megapixel Sony IMX890 sensor. The Oppo K11 5G is backed by a 5,000mAh battery with support for 100W fast charging. Oppo K11 5G price, availability The price of Oppo K11 5G starts at CNY 1,899 (roughly Rs. 21,000) for the base 8GB RAM + 256GB storage model. The 12GB RAM + 256GB storage variant is priced at CNY 2,099 (roughly Rs. 24,000), and the top-end version with 12GB RAM + 512GB storage gets a price tag of CNY 2,499 (roughly Rs. 29,000). It is offered in Glacier Blue and Moon Shadow Gray (translated from Chinese) shades. The handset is currently up for pre-booking in China through the com...
Read more

Instagram Testing Group-Tagging Feature via Single Mention on Stories: Report

Instagram may have some new features up its sleeves for its users within the coming days. The social media platform is testing a feature that will let users tag a group of people on Instagram Stories via just a single mention. With the creator economy booming on Instagram at an international level, the platform keeps updating its feature palette to cater to a diverse range of user requirements. As of August, this year, the platform is estimated to have over 2.3 billion active users from around the world. Adam Mosseri, the head of Instagram , disclosed some information about this upcoming feature on his broadcast channel titled ‘IG Updates'. Describing the feature, Mosseri said users would soon be able to add multiple followers to create one group, and instead of having to tag people individually on Stories, they would be able to just tag the group. Mention notifications, as part of the group tag, will be sent to all the members of the group and they will be able to re-share the p...
Read more