ISLAMABAD, May 5: Process Simplification, facilitation to public and digitalization of incorporation processes has led to extraordinary growth of 186% in incorporation of new companies in April 2021. The SECP, in April has registered a total 2,185 new companies, 186% higher as compared to the same month last year, raising the total number of registered companies to 141,805. In April, …

Redefine Your Health! WAIT! You must be thinking that what did you just read? Right!? Well, you all already have an idea about technology. If not then smartphones are the best and simple example of technology. Now, since we are talking about redefining healthcare, the technology here is stepping ahead in the game of digitization of healthcare.  The common phrase, …

Microsoft founder Bill Gates is no longer a bitcoin bear. He has now taken a neutral stance on bitcoin as an investment. However, as an innovation, he says that cryptocurrency is one that the world would be better off without because it allows for certain criminal activities. Bill Gates Changes His Mind About Bitcoin Bill Gates spoke about bitcoin and …

Exchange tokens catch a boost as governance and high yields attract fresh inflows and CeFi begins to merge with DeFi. Fresh institutional and retail investor inflows into the cryptocurrency market have led to bull market conditions for many top tokens from blue-chips like Bitcoin (BTC) and Ether (ETH) to more recently established DeFi projects like AAVE and Synthetix (SNX). Exchange …

Ufone has now eliminated the need for physical installation of SIMs with the introduction of eSIM for its customers. The Pakistani telecom operator has partnered with Giesecke+Devrient Mobile Security (G+D) to launch these SIMs across the country.  The Ufone eSIM platform enables subscriberswith a compatiblehandsetto integrate multiple SIM card numbers directly into their phones or IoT devices, using the internet. …

The U.S. Securities and Exchange Commission (SEC) could investigate Elon Musk over Tesla’s $1.5 billion bitcoin purchase, some legal experts have warned, including a former SEC enforcement officer. Given the timing of Tesla’s bitcoin purchase and Musk’s multiple tweets on the subject, some say that the SEC will look into the matter. Elon Musk Could Face an SEC Probe Regulators …

The altcoin market crashed as Bitcoin achieved a new all-time high and made its way towards $50,000. Altcoins plunged steeply on Feb. 14 after the price of Bitcoin (BTC) achieved a new all-time high above $49,000. The timing of the altcoin market’s drop was noteworthy because it corrected as BTC was rallying, which typically does not happen. So why exactly …

Coinbase Pro is a major bellwether for institutional demand. Now, data from CryptoQuant indicates that short-term selling pressure on Coinbase is mounting. Bitcoin’s (BTC) definitive breakout above $50,000 may have to wait longer to materialize as spot buying pressure on Coinbase Pro shows signs of weakening — at least, in the short term. The Coinbase Premium Index, which measures the …

Tesla CEO Elon Musk believes that too many dogecoins are held by too few whales and has made them a huge offer. He will give his full support if they sell most of their coins, and will even pay actual money for them to destroy their coins in some provable fashion. Some believe that major dogecoin holders need to consider …

Uniswap’s all-time trade volume reached $101.5 billion on Monday, according to data from Dune Analytics. Uniswap’s decentralized exchange reached a major milestone on Monday as cumulative trade volumes surpassed $100 billion in the wake of the decentralized finance boom.  Hayden Adams, Uniswap’s CEO, tweeted Monday that the platform became the first decentralized exchange to process over $100 billion in transactions. …

Can BNY Mellon’s entry into the crypto space provide the fuel Bitcoin needs to pass the $50,000 mark, or is it an insignificant move? While the naysayers continue to wish for the so-called “Bitcoin bubble” to burst, the premium cryptocurrency continues to scale to new heights, seemingly with each passing day. For example, within the same week of Tesla announcing …

Dan Nathan, the founder of Risk Reversal Advisors, says that the U.S. government will not keep allowing corporations like Elon Musk’s Tesla to replace dollars with bitcoin. They won’t “let the dollar fall away from being the reserve currency for the world,” which could happen if corporations keep replacing dollars in their balance sheets with bitcoin. US Government Will Not …

The DeFi sector is booming but the future of the sector depends on oracles, here are some of the top contenders. To the observant cryptocurrency enthusiast, the sight of multiple large-cap tokens more than tripling their value since November 2020 is a healthy sign that a bull market cycle is underway.  Aside from a breakout in the price of Bitcoin …

Cardano’s Mary upgrade and token gains are poised to compete with Ethereum, while metrics suggest that Ethereum is still king. The Cardano Foundation’s coin ADA, hit its all-time high of $0.97 on Feb. 12, having started the year trading at $0.18, thus entailing 438% gains year to date. Apart from the macro trends in the cryptocurrency industry driving up the …

Karachi-headquartered fintech Safepay has raised seed funding from global financial technology platform company Stripe. The startup did not share the exact size of the deal but has told us that it’s a seven-figure (USD) amount alongside participation of other local and international investors. The round also includes Berlin-based Global Founders Capital (which invested last month in Bazaar ), US-based HOF Capital, Soma …

Buying shoes online, once a hassle has squeezed to a few taps of your mobile screen. In a country like Pakistan, where one has to travel to bigger cities for shopping as a small town often fails to provide a diverse variety, online shopping is more than a blessing. However, consumers still have doubts about online shoe shopping in Pakistan …

Dogecoin’s original founder is struggling to come to terms with DOGE’s recent gains. Dogecoin founder Billy Markus has revealed that he sold off his DOGE stash in 2015 for an amount equivalent to a used Honda Civic. Markus made the comment in an open letter to the r/dogecoin subreddit earlier this week in which he sought to introduce himself to …

Microsoft’s new game rewards players with NFTs that unlock secret games inside Minecraft. Tech giant Microsoft and blockchain developer Enjin have teamed up to release a game celebrating women in science that rewards players with Minecraft-compatible non-fungible tokens. “Azure Space Mystery” is an interactive, fictional online game designed to celebrate the International Day of Women and Girls in Science. Players …

Andrew Yang has plans for New York City that cryptocurrency users anywhere would find appealing. Andrew Yang, the Democratic Party front-runner in the race to be New York’s next mayor said he would transform New York City into “a hub for BTC and other cryptocurrencies” noting the city to be “the world’s financial capital.” The former presidential candidate made the …