PinterestRedditFlipboardVivo unveils new ‘Made in India’ logo for devices“We, at vivo India, have been aligned to the 'Make in India’ initiative since the beginning. The new logo design that will be printed on the box of all our upcoming devices reiterates our commitment to make India a manufacturing hub and reinstates our mission of being an internationally local organization”, Nipun Marya, Director-Brand Strategy, Vivo India said.ET Bureau|Last Updated: May 14, 2020, 07.50 PM IST0Comments AgenciesThe brand’s total investment In India for manufacturing devices stands at INR 7,500 crore, including the recently announced investment of Rs 3,500 crore for its upcoming manufacturing facility.NEW DELHI: Chinese smartphone brand Vivo has unveiled a new made in India logo to show its commitment towards investing and manufacturing in India, amid the government's ‘Atma Nirbhar Bharat’ and ‘Local ke liye Vocal’ push. The logo will be printed on all Vivo devices including the recent..
For the Blockchain Industry, the COVID-19 Clock Is Ticking The crypto industry has the best historical moment to change the discourse about crypto and its reputation into a successful innovative tech sector. Blockchains reached a feverish level of hype following the ICO mania of 2017. Peddled as the panacea to the world’s ills, many of such promises ill-intentioned, initial coin offerings raised enormous sums of funds within minutes as the public’s focus shifted to the wild world of cryptocurrencies. Once the hype faded, the emerging narrative surrounded enterprise blockchains and the vast potential of the nascent technology to lead businesses into the next generation of the internet. However, much of the original vision of blockchain technology and crypto was lost amid the hysteria. Consortium-backed chains, enterprise blockchain research projects and delegated proof-of-stake networks were supposed to be ushered in as “next-generation platforms,” but they stumbled — and in Steem’s ca..
Crypto Funds in Demand, Institutions See Bitcoin as Alternative Hedge Grayscale Investments has been gobbling up Bitcoin in recent months, and most of its investors are institutions — but other funds are doing it, too. While the theater world has Waiting for Godot, the crypto sphere has its own drama: Waiting for the Institutional Investor. Recently, there have been some promising sightings. Grayscale Investments has been buying up Bitcoin (BTC) at a great rate in recent months. Indeed, since the May 11–12 rewards halving event, the fund has been accumulating BTC at a rate equivalent to 150% of all the new Bitcoin mined, Cointelegraph reported on Thursday. The firm now has $3.2 billion in assets under management, or AUM, in its Grayscale Bitcoin Trust. Significantly, more than 90% of new inflows are from institutional players, according to the company. Grayscale may not be alone in attracting institutional attention. Eric Ervin, the president and CEO of Blockforce Capital, an asset m..
TECH AND GADGETS
Elon Musk Reveals BTC Holdings in Bitcoin Discussion With J.K. Rowling In a Twitter discussion with J.K. Rowling, Elon Musk revealed holding 0.25 BTC after claiming to be selling nearly every physical possession earlier this month. Elon Musk appears to have revealed his Bitcoin (BTC) holdings while participating in the crypto community’s efforts to educate J.K. Rowling, the author of Harry Potter, about Bitcoin. In response to a request from Rowling for Twitter to explain Bitcoin to her, Musk emphasized that “massive currency issuance by govt central banks is making Bitcoin Internet money look solid by comparison.” Musk added: I still only own 0.25 Bitcoin btw. Tyler Winklevoss responded asking, “ Then how are you going to pay for things on Mars?” Elon Musk claims to be holding 0.25 BTCHowever, not all were convinced by the sum of Bitcoin that Musk claimed to own, with self-described crypto investor Alistair Milne responding: “This is called OpSec, something everyone who owns Bitcoin..
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Premier League Clubs Set to Vote On Return to Group Training Image for football training (Photo Credit: Reuters) Should at least 14 of the 20 Premier League clubs agree that safety protocols are sufficient, players are likely to return to a limited first phase of group training on Tuesday. Reuters London Last Updated: May 17, 2020, 9:59 PM IST Share this: ..
Iran's interior minister has suggested that up to 225 people were killed in November protests sparked by a petrol price hike, ISNA news agency reported on Sunday. Officials in Iran have yet to issue an overall death toll for the unrest, while London-based human rights group Amnesty International has put the number at more than 300. The protests erupted on November 15 in several cities and rapidly spread to at least 100 cities and towns, with petrol pumps torched, police stations attacked an..
iOS 13.5 Update Released: iPhone Users Can Now Unlock Their Phone While Wearing Masks The iOS 13.5 update prompt that is reaching all iPhone users now. (Image: News18.com) Apple has also brought its Exposure Notification API through the iOS 13.5 update, which may be used by smartphone contact tracing apps. News18.com Last Updated: May 21, 2020, 12:12 AM IST Edited by: Shouvik Das Share t..
Conquering Decentralized Finance: Enter the Custodians As decentralized finance becomes a principal focus for both investors and companies alike, custodians will ease their entry, making DeFi the future of finance. The future of finance is decentralized. Striving to facilitate that prognosis, decentralized finance — or DeFi — is quickly shaping into an alluring prospect for investors and companies alike. Looking to harness this decentralized ideal, rivals to the Ethereum-centric sector are feeling the fear of missing out and leveraging their own blockchains in order to gain dominance. Reaching an early climax this year, DeFi breached $1 billion in locked assets. For the Ethereum ecosystem, this stood as a significant boon, drastically increasing its value proposition — and leading competitors to turn their heads. With the Ethereum ecosystem intrinsically linked to DeFi, it has become the number one pit stop for developers of decentralized apps. As such, Ethereum boasts some of the bes..
Cologne Waste 2-goal Lead in Draw with Mainz, Watched on By Fans' Memorabilia in The Stands Cologne and Mainz (Photo Credit: Twiiter) Mark Uth and Florian Kainz scored for Cologne and Taiwo Awoniyi and Kunde Malong equlaised as Mainz snatched a 2-2 draw in their Bundesliga match, News18 Sports Cologne Last Updated: May 17, 2020, 11:56 PM IST Share this: ..
Veteran Investor Says Bitcoin Price Surge to $467,000 is ‘Achievable’ Veteran trader Raoul Pal says the price of Bitcoin can easily rise to as high as $476,000 in the long-term. Raoul Pal, the CEO and founder at Real Vision, believes the price of Bitcoin (BTC) can reach $476,000 in the long-term. Pal is not alone in this belief as hedge fund managers like Morgan Creek Digital’s Mark Yusko have also made similar predictions in the past. Currently, the price of Bitcoin hovers at around $9,700 and high-profile investors like Max Keiser and Mark Yusko believe Bitcoin can rise to $500,000 in the long-term under two simple scenarios. One requires Bitcoin to overtake the gold market and the other stipulates that Bitcoin operates in a strong ecosystem. Pal said: If it becomes an ecosystem, and we believe it will be and it will take the whole ecosystem with it as well, then yes, I think a $10 trillion number is easily achievable within that process. According to data from CoinMarketCap, Bitco..