Author: TheSpuzz Desk

Bitcoin whales have added over $2.9 billion worth of BTC, which helped it recover above the $60,000 mark, but can Bitcoin price close the week above $60,000? Read Full Article

3 min read Last Updated : May 03 2024 | 2:06 PM IST In a letter to the Department of Telecommunication (DoT), Cellular Operators Association of India (COAI) has sought a ban on the sale of internet routers based on Wi-Fi 6E standard. Introduced in 2020, the adoption of Wi-Fi 6E standard has been on the slow lane in the absence of any policy-related decision from the government regarding the use of the 6GHz frequency band. But how is the 6GHz frequency band related to Wi-Fi 6E and why is COAI seeking ban on the sale of eligible routers? Let…

The shares were acquired at an average price of Rs 24.26 apiece, taking the deal value to Rs 895.78 crore.2 min read Last Updated : May 03 2024 | 9:39 PM IST Carlyle Group on Friday divested nearly a 2 per cent stake in private sector lender Yes Bank for Rs 1,441 crore through an open market transaction. US-based Carlyle Group, through its affiliate CA Basque Investments, offloaded shares in Yes Bank through a bulk deal on the National Stock Exchange (NSE). As per the data, CA Basque Investments sold 59.40 crore shares, amounting to a 1.98 per…

Last year, the country issued 478 permits for Everest, a record high (File) Kathmandu, Nepal: Nepal’s Supreme Court has ordered the government to limit the number of mountaineering permits issued for Everest and other peaks, a lawyer confirmed Friday, just as expeditions prepare for the spring climbing season. The Himalayan republic is home to eight of the world’s 10 highest peaks and welcomes hundreds of adventurers each spring, when temperatures are warm and winds are typically calm. The verdict was issued in late April but a summary was only published this week. Lawyer Deepak Bikram Mishra, who had filed a…

Since being shared, the post has been viewed nearly two million times. A seemingly innocuous connection request on LinkedIn turned hostile when the CEO of one company sent a threatening message to the founder of a rival. Ali Schwanke, founder of Simple Strat, shared a screenshot of the message on X, where it quickly went viral. Carlos Pantoja, CEO of Optima Solutions, connected with Schwanke and included a message that read, “Your first and only warning: do not try to poach my employees or you will have no employees yourself.” The message was signed off with a sarcastic “With much…

Instagram announced a handful of new features to Stories, including new interactive ways to share music, photos, and videos.The most intriguing new feature is called Reveal and, when applied, blurs the contents of a story post. The only way viewers can see the post is by DMing the person who shared it. Instagram head Adam Mosseri has said that direct messages are an increasingly important part of the platform and that stories and DMs account for most of Instagram’s growth. Requiring a DM to view content is the next evolution of that — and will no doubt be used as…

Edward Snowden, the well-known whistleblower, reiterated his long standing concerns about Bitcoin’s privacy features, or the lack thereof in a recent post on X. Snowden’s latest comments emerge in the wake of a significant announcement by the Wasabi Wallet team concerning their decision to discontinue their coinjoin coordination service, a cornerstone for enhancing user privacy on the Bitcoin network. ‘The Clock Is Ticking’ For Bitcoin, Says Snowden Snowden expressed his frustration with the slow pace of privacy enhancements within Bitcoin’s protocol. “I’ve been warning Bitcoin developers for ten years that privacy needs to be provided for at the protocol level.…

Calculating the cost basis of cryptocurrency for tax purposes involves considering purchase prices, transaction fees and events such as hard forks or staking rewards. Read Full Article

The RBI has sought comments on its proposals by June 15 before finalising the rules. (PTI: Photo/Shashank Parade)2 min read Last Updated : May 03 2024 | 8:49 PM IST The Reserve Bank of India (RBI) on Friday proposed to lenders that they set aside higher provisions for under-construction infrastructure projects and asked them to ensure strict monitoring of any emerging stress. The RBI said it issued draft guidelines “taking into account the experience of banks with regard to financing of project loans”. Indian banks had seen large defaults across infrastructure loans starting 2012-2013 on account of exuberant…

The plan outlines how the UK will achieve targets in the country’s so-called carbon budget London: The High Court ruled Friday that the UK government had acted unlawfully when it approved elements of its plans to meet net-zero targets based on “vague and unquantified” information. It is the second time in two years that the court has ruled that ministers are not following the UK’s own climate change laws. A judge handed down a similar ruling in 2022. Prime Minister Rishi Sunak, in power since October that year, has faced persistent criticism that he is watering down the country’s commitment…