According to data acquired and calculated by Finbold, as of December 2022, the top ten richest Indian individuals controlled a fortune of $387 billion (₹31.64 trillion). The sum is equivalent to 11.16% of the country’s estimated Gross Domestic Product (GDP) of $3.47 trillion, as projected by the International Monetary Fund (IMF) in October 2022. A breakdown of the wealthy individuals indicates that Gautam Adani of Adani Enterprises is India’s wealthiest person with a net worth of $132....

Specifically, in the elaborate pyramid scheme called GainBitcoin, victims have lost a total of over 1 trillion in Indian rupees, which is an equivalent to more than $12.8 billion, an India-based news platform Onmanorama reported on June 16. In a typical pyramid scheme, the scam’s orchestrator Amit Bhardwaj operated with the help of his ‘Seven Stars’. The group promised its victims a 10% monthly return in Bitcoin-on-Bitcoin deposits for 18 months through multi-level marketing programs....

According to the filing submitted on January 27, the Fidelity Metaverse ETF will track the Fidelity Metaverse Index, which tracks “the performance of a global universe of companies that develop, manufacture, distribute, or sell products or services related to establishing and enabling the Metaverse.” Fidelity’s application is the latest in a long line of corporations attempting to capitalize on the growing interest in the metaverse. Notably, ProShares submitted an application with the Securities and Exchange Commission (SEC) for a metaverse ETF in December....

On September 22, the Atlanta-based asset management intends to announce a collaboration with Galaxy Digital Holdings, a start-up digital asset business, to establish US-listed ETFs that hold and track the performance of Bitcoin and other cryptocurrencies while trading like stocks. If and when the Securities and Exchange Commission (SEC) permits the trading of virtual currencies, the asset management and Galaxy Digital plan to take advantage of investor excitement for digital assets in the form of cryptocurrency ETFs....

The two all-time high periods contrast one another due to factors that have acted as catalysts for the bull run. In 2017, Bitcoin’s bull run was driven by retail investors and the Initial Coin Offering (ICO) frenzy that swept the cryptocurrency market. The 2020 Bitcoin bull run is due to increasing interest from institutional investors and big companies endorsing the asset. For instance, digital payment giant PayPal began enabling crypto transactions while MicroStrategy converted a big percentage of its cash reserves into Bitcoin....

Particularly well known for its famous Cash App, Square announced intentions to integrate Afterpay into its existing apps as the enormous acquisition looks set to help the company expand its worldwide payments empire. Afterpay was created in 2015 and launched in the United States in 2018; it is one of the most well-known firms in the buy now, pay later industry. Square claims that its platform is used by 100,000 merchants worldwide and that it has more than 16 million users....

In this first example, an array is created using the new constructor, then each of the members of the Array are assigned variables through an index. In this example, the Array is constructed and the values are assigned in one statement. You can create an Array with a specific number of members, without having to assign the values. While this is not recommended, the following example creates an Array with 10 empty members....

In an exclusive interview with CoinDesk, Tron’s founder said that he will now focus on pushing for the legitimization of blockchain technology in Latin America. To this effect, he is assuming the role of an ambassador of the Grenada government to the World Trade Organization (WTO). Although he will no longer be actively involved in the day-to-day running of Tron, the 31-year-old said he will make every contribution he can towards the growth of the network....

Looking further ahead, the machine learning algorithms at the crypto monitoring portal PricePredictions predict that the price of Ethereum will be $1,315 on January 31, 2023, according to data acquired by Finbold on January 6. Indicators from technical analysis (TA) indicators, such as the relative strength index (RSI), Bollinger bands (BB), moving averages (MA), moving average convergence divergence (MACD), and others, the platforms artificial intelligence sees a 5.1% increase by the end of the month....

Notably, the machine learning algorithms at the crypto tracking platform PricePredictions have predicted that the price of XRP on January 31, 2023, would stand at $0.339721, according to data retrieved by Finbold on January 3. Using technical analysis (TA) indicators, such as the relative strength index (RSI), Bollinger bands (BB), moving averages (MA), moving average convergence divergence (MACD), and others, the platforms artificial intelligence sees a -2.07% decrease from the price of XRP at press time....

It should be noted that the company did express some concerns with the Covid lockdowns in China as it relates to hardware, but it seems that the market shrugged these worries off as a strong outlook for the June quarter appeared to have helped tech investors stave off any bad news. MSFT posted revenues of $49.4 billion, up 18% from a year earlier, this is well above the predicted $47....

The rally was primarily led by solid earnings posted by the financials, often deemed as bellwethers of the economy, indicating that it’s not all gloom and doom in the markets. Additionally, the UK markets rebounded on a U-turn by the UK finance minister on tax cuts, adding more fuel to the rally. However, it seems that the rally may not stand on a firm foundation, as the CEO of MOTT Capital, Michael J....

Wells Fargo is among the bears that see lower than expected subscriber growth in the third quarter. The firm has slashed its subscriber growth forecast to 2.5 million compared to previous expectations for 5 million additions. Moreover, Wells Fargo has dropped this year’s earnings per share target to $6.13 from the previous estimate of $6.17. Credit Suisse says they don’t see catalysts for share price gains in the short-term as the stock has already priced in pandemic gains....

The married couple charged with conspiring to launder money and defraud the United States government include Ilya “Dutch” Lichtenstein, 34, and Heather Morgan, 31. If convicted, they may face up to 25 years in prison. Late on Friday, February 11, Netflix announced that director Chris Smith, best known for his work on “The Greatest Party That Never Happened” and “Tiger King,” would direct and executive produce the documentary series....

Consequently, this indicates that the collapse of the Terra (LUNA) ecosystem, which resulted in losses to investors of tens of billions of dollars, was brought about by activities taken inside the firm, according to new research uncovered by blockchain security company Uppsala Security and CoinDesk Korea published on June 14. South Korean prosecutors also confirmed that the information revealed that the attackers who hit Terra were not the rumored Wall Street whales, but rather the wallets and internal behavior managed by Terraform Labs itself, which is now being investigated....

Indeed, as of October 22, Dogecoin had 4,454,487 holders, representing a growth of about 2% from 4,365,551 holders registered on July 24. Overall, during the three months, the tenth-ranked cryptocurrency by market cap has added 88,936 holders, according to CoinMarketCap data. Meanwhile, the holder activity has not been reflected in the Dogecoin price movement. By press time, the asset was trading at $0.059, representing a correction of over 16% in the last three months....

When holdings of Bitcoin (BTC) are moved from cold wallets to spot markets, this is often seen as an indication of an intent to sell; often, supply will end up being higher than demand, which can lead to a steep drop in price. Notably, 1.69 million Bitcoin (currently the equivalent of $33.5 billion) was moved to crypto exchanges from September 7 to 13th, the highest amount of BTC moved since October 2021, according to data from behavior analysis platform Santiment....

When you are unable to “ping” the destination host either by IP Address or by hostname, you should pay close attention to the results provided by ICMP. Different messages indicate different types of issues. The three most common error messages that you will see are as follows: Destination Host UnreachableRequest Timed OutPing Request Could Not Find Host Within the ICMP header, you can find more information about the type and code....

These applications, filed on February 26, 2022, indicate that the pop singer plans to expand into the metaverse and offer non-fungible tokens (NFTs), digital collectibles, and software featuring virtual currency. Licensed trademark attorney Michael Kondoudis broke the news via Twitter on Thursday, March 3. Ms. Eilish’s move will allow fans to purchase her downloadable digital media created with blockchain-based technology, downloadable video game software, and other virtual goods, including in-game resources and virtual currency used in video games and virtual worlds....

Speaking at an event organized by media platforms The Indian Express and Financial Times, Das revealed that the government is already aware of the concerns and is mandated to issue the final direction on digital currencies. According to Das, amid the global debate on the regulation of cryptocurrencies, the Reserve Bank of India is seeking answers on how digital assets like Bitcoin can impact the economy. RBI’s continued opposition to cryptocurrencies Historically, the RBI is known to have strict views on cryptocurrencies at some point banning local banks from facilitating trade in digital assets....