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Due to an unfortunate typo, cryptocurrency exchange Crypto.com mistakenly issued a customer A$10.5 million ($7.2 million) rather than the expected A$100 ($68), media reports say. Seven months later, when the exchange finally discovered the error, but till then some of the money had already gone, The Verge reported citing the Australian news outlet 7News as saying. The initial transfer occurred in May 2021. However, the exchange only realised the mistake when conducting an audit in December that year, the report said. Thevamanogari Manivel, the customer in question, reportedly transferred the money to a joint account and spent $890,526 on a lavish, five-bedroom mansion for her sister instead of reporting the inaccurate return to the exchange. Now the company's fighting to get its cash back with a lawsuit filed in the Victoria Supreme Court. The court has also ordered Manivel to sell the home and return the money (with interest) to the exchange. The case will resume in court this Oct...

Bitcoin fever is picking up, as El Salvador has announced plans to build the world's first "Bitcoin City". Interestingly, this city will also be funded initially by bitcoin-backed bonds. The announcement was made by the country's President, Nayib Bukele, at an event to promote cryptocurrencies in El Salvador, reports Reuters.  As per the report, the city is planned in the eastern region of La Union and would be powered by geothermal energy from a nearby volcano. Speaking to the media, he said: "Invest here and make all the money you want... This is a fully ecological city that works and is energized by a volcano."  The world's first Bitcoin city! Further, he announced that the city will also not see any taxes, except for value-added tax (VAT) and the estimated cost of the public infrastructure of the city has been announced to be around 300,000 bitcoins. Bukele has claimed the city will be like those built by Alexander the Great, with the Bitcoin City ...

Bitcoin's volatility continues to remain high Bitcoin (CRYPTO: BTC) was created by Satoshi Nakamoto and its ledger started on January 3, 2009. Since its inception, it has become the most valuable and popular digital asset in the world.  2021 has been a roller coaster ride for the cryptocurrency market. Crypto leader Bitcoin touched an all-time high of $ 65,000 (roughly ₹ 47.7 lakhs) in April 2021. After touching its all-time high, Bitcoin prices corrected by more than 50 percent in May 2021. Bitcoin prices on Thursday re-claimed the $ 55,000-levels (roughly ₹ 41.3 lakhs). The next day it dropped to $ 54,000 (roughly ₹ 40.6 lakhs). Bitcoin prices are just $ 10,000 (roughly ₹ 7.51 lakhs) away from their all-time high. Bitcoin's bull run is driven by Instituional Investors ? Analysts do not have a definite answer behind the bull run of Bitcoin prices. Several media reports highlight that the US Securities and Exchange Commission (SEC) might approve bitcoin exchange-traded prod...

A recent review undertaken by Google led to the tech giant banning as many as 150 apps from the PlayStore recently. Now, Google has identified three additional apps that steal vital data from consumers by tricking them. These three apps are "Magic Photo Lab - Photo Editor”, "Blender Photo Editor-Easy Photo Background Editor", and "Pix Photo Motion Edit 2021".  What do malicious apps on Google PlayStore do? Google categorises apps that steal data from consumers as malicious. These apps can trick you into sharing log-in credentials, thereby stealing other information through the same. Some apps also trick you into sharing your bank account details so that the creators can siphon off money from time to time.  If you have happened to download any of the three apps mentioned above, then you should delete them from your smartphone immediately. This is because even though Google has banned them from the PlayStore, they still function normally on your smartphone and...

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With many employees using Google Chat and other Google products to carry out their work, Google is now trying to ensure that it can prevent data leaks by introducing new features through Google Chat. To this effect, Google is working on new Data Loss Prevention (DLP) rules and policies for Admins in Google Chat. At the moment, these new features are in the Beta stage, and you can sign up to be a part of the Beta pool if you want to check it out.  How will the new Data Loss Prevention (DLP) rules help users? These new Data Loss Prevention (DLP) rules being tested by Google should be quite valuable for people who share sensitive content on the platform with peers. The features should help prevent data leaks, ensuring that confidential organisational data remains safe at all times.  Once the features are rolled out, the admin will be given access to a set of rules and settings. These can then be enabled or even customised to fit the specific requirements of the group. After th...

Bitcoin is the most valuable digital asset but volatile Bitcoin is a decentralized digital currency that uses peer-to-peer technology to operate with no central authority or banks. It was created by Satoshi Nakamoto and its ledger started on January 3, 2009. Since its inception, it has become the most valuable and popular igital asset in the world.  Tesla & Bitcoin pic.twitter.com/YSswJmVZhP — Elon Musk (@elonmusk) May 12, 2021 2021 has been a highly volatile year for Bitcoin. In April 2021, it touched an all-time high of $ 65,000 (roughly ₹ 47.7 lakhs). On May 13, Tesla CEO Elon Musk announced that his company would no longer accept Bitcoin as a payment mode. In the same month, Bitcoin prices corrected by more than 50 percent from the all-time high. After a few months of consolidation, it reclaimed the $ 50,000 level (roughly ₹ 36.8 lakhs). Bitcoin declared legal tender in El Salvador September 7, 2021, marked the “beginning of a new dawn,” as El Salvador, officially the...