The Indian government is looking to forward to explore another experiment with Currency after its demonetization exercise last year. Based on a report from Business Standard, the central government is exploring possible options to introduce its own Cryptocurrency similar to Bitcoin. Sudharshan Sen - RBI’s executive director, told in a finance meeting held in Mumbai last…

Major Chinese Bitcoin Exchanges are shutting down due to pressure from regulators All the major Chinese bitcoin exchanges have received instructions from the regulatory authorities to voluntarily shut down their services by Sep 15th. China’s central bank is concerned that the ICO boom and the surge of Cryptocurrency trading had created an imbalance in the Chinese…

Facebook fined 1.2 million euros by Spanish regulators for it's data-harvesting activities that involved a series of privacy violations. The social media giant has been imposed with this hefty fine after it was reported to have violated the privacy laws, by the country's data watchdog.  According to Spanish authorities, the social network has breached laws…

India's largest mobile operator, Bharti Airtel  is planning to offer VoLTE services to its customers from next week, according to latest news reports. The company plans to use Airtel VoLTE services for voice calling similar to Jio using the same 4G technology. Earlier in July,  the CEO and managing director of Airtel - Gopal Vittal told…

On Monday Sep 4, China imposed an immediate ban on the Initial Coin Offerings which created a huge storm in the Cryptocurrency world. All the major digital currencies including Bitcoin, Ethereum and Litecoin came down by more than 20% on the breakout of this shocking news about the ICO ban in China. A committee led…

India’s largest software exporter Tata Consultancy Services (TCS) is creating a separate brand to promote its AI product Ignio.  The IT giant launched this Services-as-a-software platform a few years back to help its global customers run their operations in SAP more effectively. It is also integrated with SAP ERP and is the world’s first neural…

The Indian government has issued an alert through Cyber Swachhta Kendra regarding the spread of new ransomware named “Locky” through email attachments. This new  Locky ransomware will be able to lock all your important system files using an encryption algorithm. After locking all your critical files, you will be demanded for a ransom to unlock it. As per the…

The board of Uber Technologies Inc. has made a surprise decision to offer the role of its Chief Executive Officer to the current head of Expedia, Dara Khosrowshahi. A spokesperson from Uber has confirmed that this decision was made after long meetings over the weekend. He mentioned that board has voted for Khosrowshahi as the…

Ezetap, the Bengaluru based payment solution firm has raised a funding of $16 million from US-based venture capital firm JS Capital Management and several other investors. The total funding received by the firm so far has increased to $51 million after this latest funding round organized by Jonathan Soros owned JS Capital. ezetap Cashless Economy India has…