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Good morning Tech Fam, here's a quick tech update for you to catch on:
What's new today: The crypto markets have been accompanied by an increased level of fraudulent activity; Hackers steal crypto from Bitcoin ATMs by exploiting the zero-day bugs.
Fast-Trach Insights: NASA identifies candidate regions for landing next Americans on the moon; Govt panel summons 5 tech giants on 23 August to testify on anti-competitive practices.
The recent, and highly-publicized, volatility of the crypto markets has been accompanied by an increased level of fraudulent activity in the crypto space. Victims too often have little recourse to recover digital assets that have been stolen from them – for various reasons. One of those reasons is the anonymity of the owner of the wallet where the assets are now held – and so an intended claimant will need to bring an action against unknown individuals, or "persons unknown".
Hackers have exploited a zero-day vulnerability in General Bytes Bitcoin ATM servers to steal cryptocurrency from customers. When customers would deposit or purchase cryptocurrency via the ATM, the funds would instead be siphoned off by the hackers
As NASA prepares to send astronauts back to the Moon under Artemis, the agency has identified 13 candidate landing regions near the lunar South Pole. Each area contains multiple potential landing sites for Artemis III, which will be the first of the Artemis missions to bring the crew to the lunar surface, including the first woman to set foot on the Moon.
The Government of India won`t levy any charges on UPI (Unified Payments Interface) services. After reports circulated online that there may be the possibility of UPI transactions carrying a service charge, the finance ministry on Sunday denied the news. In a tweet, the finance ministry said that UPI would remain free.
Top executives of the Indian arms of Apple, Google, Amazon, Netflix, and Microsoft will on Tuesday depose before a parliamentary panel looking into anti-competitive practices in the digital space, the committee's chairman Jayant Sinha said. The Parliamentary Standing Committee on Finance has been looking into various aspects of competition in the marketplace, especially concerning technology majors.
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Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.
