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Stablecoins come in various formats. Many of the most popular stablecoins are backed by the United States dollar and offer a decentralized method of holding fiat currency. However, there are also stablecoins backed by other cryptocurrencies, algorithms, and even gold. Gold-backed stablecoins have seen quite an uptick, with prominent projects like Tether getting involved.

NovaTech and its married co-founders, saying they fraudulently raised over $650 million from more than 200,000 investors worldwide, including many Haitian-Americans. NovaTech and co-founders Cynthia and Eddy Petion allegedly promised investors their money would be safe, with Cynthia Petion assuring they would be «in profit from day one.» The SEC said the Petions instead used new money mainly to repay earlier investors and pay commissions to promoters, while siphoning millions of dollars for themselves. It said the scheme lasted for four years until NovaTech's May 2023 collapse.

Olympics reading the US, China, Japan, Australia, France, the Netherlands, Britain, South Korea, Italy and Germany, one is bound to ask: why do some countries fare better than others? Discussions usually attribute wins and losses to individual abilities, training and dedication. These factors are undoubtedly crucial. But there could be other determinants like economic prosperity. In each of the last three Summer and Winter Olympic Games, the top 10 medal-winning countries have been high-income countries based on World Bank's income-level classifications, with the exception of China (upper-middle income) in Tokyo 2020 Olympics, and OAR (Olympic Athletes from Russia — upper-middle income) in PyeongChang 2018 Winter Olympics. However, research has found a range of determinants beyond economic prosperity — team size, growth rate, expenditure on health, population, etc — to have a significant impact. We investigated the association between the total medal count for each country at the Beijing 2022 Olympics and their GDP per capita (PPP). A moderate positive relationship is observed with a correlation coefficient of 0.62.

Olympian Abhinav Bindra-run Abhinav Bindra Foundation, registered in Mohali, for five years. The registration will allow the organisation to receive foreign grants, officials said. Bindra won India's first individual gold medal at the Olympics — in the men's 10-metre air rifle competition — at Beijing in 2008. The non-profit organisation run by Bindra is dedicated to ensuring that global best practices are made available to all sporting activities, according to its website. During the recent Paris Olympics, India secured 71st rank with Neeraj Chopra, Manu Bhaker, Sarabjot Singh, Swapnil Kusale, Aman Sehrawat and the Indian hockey team winning medals.

In 2024, many people attempt to socially devalue the concept of cryptocurrency. To many, cryptocurrency is little more than a fad whose time has come and gone. This derogatory view often stems from the supposed loftier ambitions and prognostications in the early 2020s about how cryptocurrency was destined to replace physical money via chain links. Clearly, that did not happen, yet cryptocurrency still lives on. Cryptocurrencies, such as Bitcoin and Solana, have been around much longer than many people realize and are still accepted by many businesses today.

Google experienced a significant outage affecting users across the globe. Starting around 9 am ET, individuals reported issues accessing key Google services, including Gmail, the search engine, YouTube, and more. Downdetector, which monitors online outages, recorded a sharp increase in complaints, revealing a widespread impact. Regional Impact and Service Breakdown The outage particularly affected major US cities such as Los Angeles and New York City, with additional reports from Houston, San Francisco, Dallas, Boston, and Chicago. According to Downdetector’s heat map, 57% of the reported problems were related to Google’s search functionality, 31% were linked to website performance, and 11% concerned Google Drive.

Bengaluru recently took to social media to highlight the plight of international travelers from India when their tickets are arbitrarily canceled by airlines. According to the woman, she had recently booked a Delhi-San Francisco flight, but Air India canceled it without notice and offered passengers the option to fly on a different date. When passengers objected, they were offered seats on an alternate flight with a 10-hour layover. The woman claimed that Air India refused to provide the passengers with tickets for a flight departing directly from Bengaluru.

The gaming industry has evolved significantly since the debut of Atari’s Arcade game, Pong, in the 1970s. Today, there are over 3.2 billion active gamers in the world, most of whom game at the comfort of their homes.

Elon Musk is due to interview Republican presidential candidate Donald Trump on the X social media network on Monday in an event that could inject more surprises into the turbulent U.S. presidential election. The interview, scheduled for 8 p.m. Eastern Time (0000 Tuesday GMT), could provide the former president an opportunity to seize the limelight at a time when his campaign is seen as sagging. His Democratic rival for the Nov. 5 election, Vice President Kamala Harris, has erased Trump's lead in opinion polls and energized Democratic voters with a series of high-energy rallies.

Thar Roxx’s revamped features, including an updated grille, redesigned lights, and newly styled alloy wheels. For the first time, Mahindra has showcased the Thar Roxx in a striking White body color option, alongside the classic Black variant.These official images, shared on Mahindra's social media platforms, reveal the Thar Roxx in both Black and White colours.

Former President Donald Trump this week promised retirees that he would end the tax on Social Security benefits if elected – and policy experts have been quick to critique that idea.

Elon Musk endorsed Donald Trump for president last month, the Tesla founder and chief executive backed a candidate who vows to «drill, baby, drill,» «end the electric vehicle mandate» and reduce subsidies of the sort that helped Tesla become the U.S.'s dominant EV manufacturer. So instrumental have government loans, tax breaks and other EV policies been to Tesla's fast growth that despite Musk's gradual embrace of the former president and his Republican Party rhetoric in recent years, the company continues to lobby the U.S. and state governments for benefits championed by the Democratic Party. In February, for instance, Tesla in a filing with the U.S. Environmental Protection Agency, or EPA, urged the Biden administration to allow California to pursue stricter vehicle emissions rules than the rest of the country — an idea Trump opposes.

Collective intelligence is becoming a catchphrase meant to capture the essence of the knowledge economy, where multitudes of people collaborate on difficult challenges, with each bringing something different to the table. The result is continuous experimentation and innovation, leading to great discoveries. And with the proliferation of artificial intelligence, the participants in this process may not even be human.

Hardik Pandya and his now estranged wife Natasa Stankovic announced their separation, netizens have been curious as to what made one of the most popular couples in cricket call it quits. Both Natasa and Hardik have so far remained mum on the subject. However, Natasa, who has been sharing some rather cryptic posts long before, made their decision to separate public. One such post has made eagle-eyed netizens wonder if their marriage had some sinister undertones. Natasa was noticed liking posts related to cheating and emotional abuse, as well as a few posts about toxic relationships. This has sparked speculation about the potential cause of their breakup.

Shalini is a crypto reporter who provides in-depth reports on daily developments and regulatory shifts in the cryptocurrency sector.

firearms has sparked a significant crackdown on an illicit pistol factory in Ganeshpura village, Morena district, Madhya Pradesh. The footage, which circulated widely on social media, depicted a woman cleaning pistols in bulk, prompting authorities to launch an investigation. The video led police to verify its authenticity and identify key suspects involved in the illegal operation.

Britannia, JioCinema are flocking to advertise with them. Ace Shooter Manu Bhaker’s Instagram following has skyrocketed from 1,67,000 a week back to 1.3 million now. Indian Hockey team captain and top scorer in Paris 2024 Olympics Harmanpreet Singh, is among the top trending names whose followers have reached 3,00,000 from low-double digits. Boxer Vinesh Phogat’s socials are also touching upto a million. No wonder, brands both big and small are queuing up to associate with them. Visa, the official global sponsor of the Paris 2024 Olympics, chose badminton star PV Sindhu (3.8million) and javelin lion Neeraj Chopra (9 million) as its brand ambassadors in India.

climate change requires a focus on Asia, which is home to 60% of the world's population and contributes over half of global emissions, with temperatures in some areas rising twice as fast as the global average, and given India's size, scale, and influence, it plays a vital role in the global solution, said Desmond Kuek, executive director and CEO of Temasek Trust. «Addressing these issues in Asia is essential for global progress, and India plays a pivotal role in driving positive impact across Asia and beyond,» Kuek told ET in an exclusive interaction. «We are just at the start of this multi-year journey and aim to bring together diverse partners and stakeholders, including from India, to collectively tackle these challenges.» Since 2003, the Singaporean investment company has been setting aside a portion of its net positive returns above its risk-adjusted cost of capital for community gifts to foster a more inclusive world with focus on sustainable development. Temasek Trust, as the primary beneficiary of Temasek's gifts, disburses grants for programmes to be developed and delivered by its non-profit ecosystem including Temasek Foundation, Temasek Life Sciences Laboratory, and Mandai Nature.

The National Women’s Soccer League and its players’ union have agreed to a collective bargaining agreement that will run through 2030

Trump Media and Technology Group, the owner of former President Donald Trump’s social networking site Truth Social, lost more than $16 million last quarter, along with a decline in revenue

A small brand safety initiative is ceasing operations — days after being targeted by social media platform X in a lawsuit alleging the group helped coordinate a “massive advertiser boycott” after billionaire Elon Musk bought the company in 2022