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  • Crypto: News

    Crypto: News

    Bitcoin on Wednesday, May 8 showed a minor dip of 1.45 percent which it incurred over the last 24 hours. The asset, most expensive on the crypto chart, is presently trading at the price point of $66,695 (roughly Rs. 55.6 lakh) on Indian exchanges like CoinSwitch. On international exchanges like CoinMarketCap, the value of Bitcoin is hovering over the mark of $62,600 (roughly Rs. 52.2 lakh). In a noteworthy development, Bitcoin has clocked one billion transactions this week for the first time since its inception in 2015.

    Ether has been performing better than Bitcoin in recent days. The second most popular crypto asset after BTC, ETH is presently trading at $3,194 (roughly Rs. 2.66 lakh) after logging a small loss of 1.78 percent. On foreign exchanges like CoinMarketCap, the asset is priced at $3,009 (roughly Rs. 2.51 lakh).

  • Crypto Wallet

    The senior leadership at Vodafone is looking to integrate the blockchain technology with its operations. The concept of crypto wallets has also grabbed the attention of the UK-headquartered telecom giant in recent times. David Palmer, the lead of Blockchain initiatives at Vodafone spoke about some company plans during a recent interview with Yahoo Finance. Palmer hinted that blockchain networks, crypto wallets, smartphones, and SIM cards may all come together for a big Web3 twist to Vodafone’s services around the world.

    In the next six years, Palmer sees billions of smartphones into circulation. In the same duration, the number of crypto wallets is also expected to see a big jump given that the sector is already heading towards regulated adoption in several nations.

  • Grok

    X, the social network owned by Elon Musk, will start summarizing news events inside the app by using xAI’s chatbot, Grok.

    The AI-generated summaries will rely on user tweets — not third-party news articles — and will only be available to premium subscribers, the company announced on Friday. The feature, called “Stories,” doesn’t currently cite any news outlets, but Musk told the tech newsletter Big Technology that better citations are on the way.

  • Peer-to-Peer (P2P) Trading

    When two individuals or entities decide to exchange any asset directly between each other, this process is referred to as peer-to-peer (P2P) trading. In these transactions, the need for a mediator is eliminated, which reduces the fee of this mediator, hence making the process of transactions more cost effective. Before cryptocurrencies were introduced, computers used the P2P method to process file sharing. Now, crypto assets can be exchanged directly between two parties – bringing the element of decentralization to financial transactions.

    Satoshi Nakamoto, the anonymous creator of Bitcoin had intended to reduce the reliance on centralised organisations like banks – to process financial transactions between two or more entities. To do so, Nakamoto created Bitcoin as the world’s first cryptocurrency, that could process financial transactions and get them validated on encrypted blockchains rather than from a centralised intermediate. P2P crypto exchanges are more private than traditional transactions and are largely anonymous.

    To complete a pure P2P crypto transaction, one party enters the wallet details of the other one to process the transaction. In order to simplify this process even further alongside adding a layer of security to these transactions – crypto exchanges came into the picture. It is, however, noteworthy that despite smartly worded advertisements, crypto exchanges do not perform P2P transactions. These firms fall under the regulations of the countries they are operating in.

  • Solana Labs

    Google Cloud, in recent times, has been taking multiple steps to establish itself as a pro-Web3 entity. Now, Solana Labs has joined forces with Google Cloud. Through this partnership, the team behind the eco-friendly green blockchain will use the capabilities of Google Cloud to offer its own blockchain-based game development suit to developers. With this, Solana Labs wish to bring the blockchain technology on the forefront of gaming development.

    Solana Labs created GameShift back in 2023. This architecture lets developers build games on blockchain rather than leaving them to deal with intricacies. As part of its suit, GameShift lets developers integrate non-custodial wallets alongside quick and scalable tools to create and distribute in-game assets. All of these processes are backed on the Solana blockchain.

    “GameShift becoming part of Google Cloud’s partner ecosystem allows us to accelerate mainstream adoption by extending these capabilities to their vast, global developer ecosystem,” Davis Hart, Head of GameShift, wrote in an official statement.

  • Nothing Phone 2a

    Nothing Phone 2a recently received the Nothing OS 2.5.5 update with new camera features, general improvements, bug fixes, and Google’s April security patch. Now, the Nothing OS 2.5.5a update is rolling out for Phone 2a users worldwide with ChatGPT integration and more new features.

    In a post on X, Nothing confirmed that the Nothing OS 2.5.5a update is rolling out for Phone 2a users. One of the key elements in this changelog is the ChatGPT integration. To be able to access all features, they have to ensure that the latest version of the ChatGPT application is downloaded on their Phone 2a handsets from the Play Store.

    After installing the Nothing OS 2.5.5a update, Phone 2a users will be able to access ChatGPT via their Nothing Ear or Nothing Ear A true wireless earphones. The Nothing X application has an option to customize a gesture to start a direct voice conversation with ChatGPT.

  • Sony PlayStation

    Sony has announced the lineup of free games coming to PlayStation Plus in May. This month’s PS Plus offerings include four titles, led by popular football sim EA Sports FC 24. Other free games for May include action-platformer Ghostrunner 2, isometric action-adventure title Tunic and online shooter Destiny 2: Lightfall. All four titles will be available to PS Plus members across Essential, Extra and Deluxe/Premium tiers from May 7.

    PS Plus lineup for May was revealed on the PlayStation Blog Wednesday. All PS Plus members can add the four games to their library and access them at no additional cost as long as they have an active subscription. Ghostrunner 2, Tunic and Destiny 2: Lightfall can be added to the game library till June 3, but EA Sports FC 24 will be available on the service for an extended period till June 17.

  • Hyundai Motor Group

    Hyundai Motor Group plans to launch its first hybrid cars in India as early as 2026, three sources said, as the South Korean auto group shifts strategy to look beyond electric vehicles and boost its presence in a key auto market.

    In a statement, Hyundai Motor Group told Reuters it was “committed to a future of electrified mobility and will optimize product strategies for each market”.

    The pivot to hybrids – which use a gasoline powertrain and electric motor – comes as Hyundai sees a surge in sales of the technology in India, prompting it to shift away from an initial strategy that focused only on battery electric vehicles.

  • Amazfit Balance

    Amazfit Balance smartwatch is getting new features with the latest Zepp OS 3.5 update, including new artificial intelligence (AI)-powered features. The Zepp Health-owned brand has rolled out a new update that adds new sports modes, an enhancement to existing trackers, support for WhatsApp image messages, improved offline maps, and more. The premium smartwatch was launched in India in November 2023 with Zepp OS 3.0 and features a 1.5-inch AMOLED display, an AI Fitness Coach, and Bluetooth calling support.

    The Zepp OS 3.5 update introduces a new feature called the Zepp Flow. It comes with a Natural Language User Interface (LUI) that is powered by a large language model (LLM). The AI feature allows voice interaction support with the smartwatch. Amazfit Balance users can now schedule events, reply to notifications, check weather, engage in free chat, and more using conversational voice commands. Users do not have to use specific commands to activate these features and instead just speaking to the watch gets the task done.

  • Google Play Store

    Google Play Store has rolled out a new feature that will make the lives of users a little easier. The Android’s default app marketplace is now allowing users to download multiple new apps simultaneously, eliminating the need to wait to download apps one by one, which can be quite time-consuming especially if the size of the apps is large.

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