Bill Gates Neutral on Bitcoin but Says Cryptocurrency Is an Innovation the World Can Do Without 21 Feb 2021 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 …
Klarna partners with Safello to bring users crypto purchases from their bank account 17 Feb 2021 CryptoNinjas » Klarna partners with Safello to bring users crypto purchases from their bank account Klarna, a global payments provider and shopping service, and Safello, a Sweden-based broker for cryptocurrencies, today announced a strategic partnership to bring Klarna Open Banking to Safello’s brokerage platform for cryptocurrency trading. In recent months, Safello has experienced increased growth, both in new users and transaction volume. As part of strengthening its selection of seamless […] CryptoNinjas » Klarna partners with Safello to bring users crypto purchases from their bank account
Ufone Launches Its First Ever eSIM 16 Feb 2021 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. …
Elon Musk Urges Dogecoin Whales to Dump Their Coins — Even Offers to Pay Them 16 Feb 2021 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 …
Pakistani fintech Safepay raises seed funding from Stripe, others 12 Feb 2021 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 …
Tech startup VinnCorp secures first round of funding 12 Feb 2021 KARACHI: VINNCORP, a digital tech startup, has secured its first around of funding from HRSG, a leading people and business solutions firm. The six figure initial investment of US dollars 100000 from HRSG will help enhance VINNCORP’s reach both locally and globally. Commenting on the occasion, Mr. Khurram Gulistan founder and CEO VINNCORP said “We are confident that this investment will help …
Founder of $8.4B Dogecoin sold everything in 2015 for ‘a used Honda Civic’ 12 Feb 2021 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 …
India’s crypto ban is coming, hodlers to be given transition period: Bloomberg 12 Feb 2021 An anonymous Indian official has claimed the country’s parliament will soon introduce a blanket bank on crypto assets, and give hodlers three-to-six months to liquidate. An anonymous source claiming to be a senior Indian Finance Ministry official has claimed that the use of crypto assets will soon be completely banned in the world’s second most populated country. Speaking to Bloomberg, …
Steve Forbes Says Bitcoin’s Fixed Supply Limits Its Ability to ‘Meet the Needs of a Growing Economy’ 18 Jan 2021 American publisher Steve Forbes has attacked bitcoin’s fixed supply saying this feature actually curbs the ability of the crypto to “meet the needs of a growing economy.” He also argues that bitcoin cannot replace the dollar because it is presently too volatile to function as money. Forbes insists that money only works best if it has a stable value. New …
BankIslami signs up with NIFT ePay for Digital Commerce Payments 16 Jan 2021 Karachi: BankIslami, in line with its vision to enable and promote cash-less and digital payments, becomes the first Islamic bank to go live with NIFT ePay. National Institutional Facilitation Technologies (NIFT), one of the largest payment processors in Pakistan launched its services for enabling digital commerce payments (Mobile / Electronic Commerce Payments) through NIFT’s DFS platform under the brand name “NIFT …
Lenovo launches AR glasses for enterprise 10 Jan 2021 Lenovo seems to have gotten the memo that the real money in the augmented reality space is going to be made in enterprise. Ahead of tomorrow’s CES kick off, the hardware company announced the impending arrival of the ThinkReality A3, a pair of enterprise AR glasses that look to follow the lead set by companies […]
Apple suspends Parler from App Store 10 Jan 2021 Apple confirmed that it has suspended the conservative social media app Parler from the App Store, shortly after Google banned it from Google Play. The app, which became a home to Trump supporters and several high-profile conservatives in the days leading up to the Capitol riots, had been operating in violation of Apple’s rules. The […]
Parler jumps to No. 1 on App Store after Facebook and Twitter ban Trump 10 Jan 2021 Users are surging on small, conservative, social media platforms after President Donald Trump’s ban from the world’s largest social networks, even as those platforms are seeing access throttled by the app marketplaces of tech’s biggest players. The social network, Parler, a network that mimics Twitter, is now the number one app in Apple’s app store […]
Twitter acquires Breaker – a social podcasting app Breaker 5 Jan 2021 Twitter has acquired social broadcasting app Breaker, the companies announced today via a combination of blog posts and tweets. The deal will see Breaker’s team joining Twitter to help “improve the health of the public conversation” on the service, as well as work on Twitter’s new audio-based networking project, Twitter Spaces. The Breaker app, however, […]
Jack Ma’s absence from public eye sparks Twitter discussions 5 Jan 2021 The world’s attention is on Jack Ma’s whereabouts after reports noted the billionaire founder of Alibaba and Ant Group had been absent from public view since late October. On October 24, Ma delivered fiery remarks against China’s financial system to an audience of high-rank officials. Days later the Chinese authorities abruptly halted Ant’s initial public […]
Because a ‘Loot.Sale’ is all we need 18 Dec 2020 Loot Sale, a Pakistan based eCommerce startup, aiming to bridge the gap between the consumers’ want of constant discounts and retailers’ need for fast inventory turn-over. Loot Sale has secured seed capital from Light Speed Ventures, a multi-strategy fund focused on the early-stage tech ventures. The brands’ motto, “Pay Less, Shop More” clearly conveys sentiments to the 220 million audience …
SadaPay got pilot launch approval from SBP. Full commercial launch soon! 15 Dec 2020 Islamabad: Today we’ve reached a huge milestone! 🎉 The State Bank of Pakistan has finally granted SadaPay approval to officially begin pilot operations. 👨✈️ Until now, we had been testing our app and debit card internally with friends and family under our “in-principle” approval, which was awarded to us by the State Bank of Pakistan (SBP) earlier this year. We know …
US Black Friday online shopping bags whopping $9B – $3.6B in just smartphones 28 Nov 2020 Black Friday — the day that launched 1,000 other shopping holidays — may have lost its place as the “start” of the Christmas shopping season by now (it gets bigger and earlier with each passing year). But the day after Thanksgiving still pulls in a crowd of buyers looking for a bargain and remains a major bellwether for tracking how sales …
TikTok’s epic rise and stumble – Timeline 2012 to Present 26 Nov 2020 TikTok’s rise in the West is unprecedented for any Chinese tech company, and so is the amount of attention it has attracted from politicians worldwide. Below is a timeline of how TikTok grew from what some considered another “copycat” short video app to global dominance and eventually became a target of the U.S. government. 2012-2017: The emergence of TikTok These …
021Disrupt 2020 – Pakistan’s Premier Technology and Entrepreneurship Conference 26 Nov 2020 The Nest I/O, Pakistan’s most reputable technology incubator is hosting the fourth iteration of its premium technology and entrepreneurship conference, 021Disrupt 2020. The conference will be held virtually from Novmeber 30th – December 5th. The upcoming edition will host over 5000+ disruptors in the entrepreneurial, technology, and digital ecosystem of Pakistan. This year, 021 Disrupt is virtual that brings the …