This Bitcoin-like cryptocurrency functions on coins -- called tokens -- that decrease as more people die or get infected; scarcity of tokens lead to gain in value of digital currency

The recent Indian inter-ministerial committee report (which went as far as to recommend an outright ban on crypto-asset activity) recognised that global standard-setting bodies would drive the way forward and that a standing committee in India should accordingly re-visit the issues in its report

WhatsApp Pay started as a pilot programme in 2018 wherein a million Indian users participated. Overwhelmed by the response, Facebook is expanding the payments feature to more countries.

Prescriptive laws will keep becoming obsolete as technologies change, and banning technologies like cryptocurrencies will only push the market for them to develop outside India, Jain said

The world's biggest cryptocurrency Bitcoin extended losing streak, slipping below the psychological $7,000 mark once again, wiping millions of dollars from the cryptocurrency market capitalization. The International Monetary Fund is set to join other downbeat analysts and cut the growth estimate for India \"significantly\", its India-born chief economist Gita Gopinath said. The Finance Ministry aims to bring in Rs 1.1 lakh crore as monthly GST collection for the next four months, sources said. The ministry wants one of these four months to have a GST mop-up of Rs 1.25 lakh crore. Pakistan Prime Minister Imran Khan said on Tuesday that millions of Muslims could flee India due to the curfew in the disputed territory of Kashmir and India's new citizenship law and more news on News Blast.

Crypto markets lose millions as Bitcoin slips below $7,000The world's biggest cryptocurrency Bitcoin extended losing streak on Tuesday, slipping below the psychological $7,000 mark once again, wiping millions of dollars from the cryptocurrency market capitalisation. The cryptocurrency has fallen more than 50 per cent from its 2019 high of $13,879.21 touched in June.IMF economist Gita Gopinath hints India's dream to achieve $5 trillion economy doubtfulThe International Monetary Fun...

On Tuesday, Bitcoin opened higher but soon slipped into negative terrain to touch a six months low of $6,871.92. The cryptocurrency has fallen more than 50 per cent from its 2019 high of $13,879.21 touched in June

Facebook received an overall rating of 4.4 out of 5, compared with 4.5 last year, as employees gave relatively lower ratings for Facebook's senior leadership and work-life balance

Page, Brin and Pichai have all shared an emphasis on developing artificial intelligence software to make web searching and other tasks faster, while long-time product leader Pichai has increased efforts to make such technology available globally

Blockchain applications are suitable across industries due to their security, immutability and decentralised properties. This means the next wave of new technology jobs would come from blockchain

While Sensex made an intraday high of 39,917, Nifty crossed 11,800 level for the first time since July 5 to touch 11,809.40 mark intraday.

On July 5 last year, Bitcoin stood at $6,541.79 which has now risen to $9,450.68, translating into a rise of 44.47% during the period.

Unlike many other developed countries where they are facing challenges on account of demographics, India does not have that kind of challenge at least for the time being, said SBI Chairman Rajnish Kumar

Zuckerberg last appeared before Congress in April 2018 when he fielded 10 hours of questions over two days from House and Senate panels on political consulting firm Cambridge Analytica's misuse of Facebook customer data to interfere in the U.S. presidential election.

David Marcus, who heads the Libra project for Facebook, said he was still aiming for a June 2020 launch of Libra, but acknowledged it could miss that target due to regulatory hurdles

JPMorgan had declined to join the project due to concerns the digital currency could be used for criminal activities that would violate money-laundering and sanctions rules

The latest exodus leaves the Libra Association without any remaining major payments companies as members, meaning it can no longer count on a global player to help consumers turn their currency into Libra and facilitate transactions