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Category: technology

Bitchat hits #2 on app charts in Jamaica as Hurricane Melissa strikes

Downloads for decentralized messaging app Bitchat has surged in Jamaica as 185-mile-per-hour winds batter the Caribbean, cutting off communication. Jamaicans have rushed to download Jack Dorsey’s decentralized peer-to-peer messaging app Bitchat as the fatal Hurricane Melissa continues to rip through the Caribbean. Bitchat which uses Bluetooth mesh networks for internet-free, encrypted communication is now the second-most downloaded app on the Apple App Store and Google Play in Jamaica, offering a lifeline for 2. 8 million people as internet coverage continues to falter in the region. Bitchat only trails weather forecast platform Zoom Earth indicating that two of their most basic needs right now are to know what the weather is, and to communicate with one another. Read more.

ASIC Confirms Stablecoins and Tokenised Assets Fall Under Financial Law

The Australian Securities and Investments Commission has clarified how existing financial laws apply to digital assets. The update aims to give investors more protection and provide firms with clearer rules ahead of future law reforms. Digital assets meet tradfi in London at the fmls25The clarification follows earlier proposals for full licensing and stronger consumer protections for crypto firms in Australia. Stablecoins, Tokens Classified as Financial ProductsASIC’s new guidance confirms that stablecoins, wrapped tokens, tokenised securities, and digital asset wallets are considered financial products under current law. This means that many providers offering these products will need to hold a financial services licence. ASIC Commissioner Alan Kirkland said that distributed ledger technology and tokenisation are changing global finance. He added that ASIC’s guidance gives firms the clarity they need to operate within existing laws. He explained that licensing ensures consumers receive legal protections and enables ASIC to take action when poor practices cause harm. To help firms adjust, ASIC has introduced a sector-wide no-action position that will last until 30 June 2026. During this period, the regulator will not take enforcement action against unlicensed providers making genuine efforts to comply. Public Feedback Open on Draft ReliefASIC also plans to provide temporary relief for distributors of stablecoins and wrapped tokens, and for custodians of digital assets that qualify as financial products. The regulator is seeking public feedback on these draft relief measures until 12 November 2025. No-Action Position Considered for Past BehaviourIn addition, ASIC released a summary of industry feedback from Consultation Paper 381, which focused on digital asset financial products and services. The feedback helped shape the current guidance, including the examples and relief measures now proposed. ASIC said it will consider the no-action position when assessing past behaviour but will continue to act against serious misconduct or practices that cause significant consumer harm. This article was written by Tareq Sikder at www. financemagnates. com.

china Digital Pathology Market Sector in Transition: Assessing Risk, Resilience, and Policy Disruption

Digital Pathology Market Outlook Base Year: 2024 Forecasts Years: 2025-2035 The main aim of the report is to provide in-depth industry data to assist decision-makers make critical investment decisions and also identify potential changes and gaps in the Digital Pathology Market. To . Read more.

1990 Volvo 740 Turbo Wagon

This 1990 Volvo 740 Turbo wagon was delivered new through Volvo’s European Special Delivery program, and it remained registered with one owner in California until 2024. It was subsequently sold on BaT in June 2024, and it was acquired by the seller in Colorado three months later. Work under current ownership included installing a performance camshaft, an adjustable cam gear, and urethane anti-sway bar bushings. Further refurbishments included repairing dents in the left rear wheel arch and left front wheel arch, as well as replacing the rear wiper motor, front seat upholstery, timing belt, water pump, crankshaft position sensor, gaskets, seals, exhaust components, and more. Powered by a turbocharged and intercooled 2. 3L inline-four mated to a four-speed automatic transmission, the car is finished in white over gray leather. It also has anti-lock disc brakes, heated front seats, a cassette stereo, and a rear-facing third-row bench. This 740 shows 187k miles and is now offered with a build sheet, the owner’s manual, parts invoices, an accident-free Carfax report, and a clean Colorado title in the seller’s name.

Indian Court XRP Ruling May Complicate WazirX Hack Claims Process

The post Indian Court XRP Ruling May Complicate WazirX Hack Claims Process appeared com. COINOTAG recommends • Exchange signup 💹 Trade with pro tools Fast execution, robust charts, clean risk controls. 👉 Open account → COINOTAG recommends • Exchange signup 🚀 Smooth orders, clear control Advanced order types and market depth in one view. 👉 Create account → COINOTAG recommends • Exchange signup 📈 Clarity in volatile markets Plan entries & exits, manage positions with discipline. 👉 Sign up → COINOTAG recommends • Exchange signup ⚡ Speed, depth, reliability Execute confidently when timing matters. 👉 Open account → COINOTAG recommends • Exchange signup 🧭 A focused workflow for traders Alerts, watchlists, and a repeatable process. 👉 Get started → COINOTAG recommends • Exchange signup ✅ Data‑driven decisions Focus on process-not noise. 👉 Sign up → The Madras High Court in India has ordered WazirX’s operator, Zanmai Labs, to provide a bank guarantee of approximately $11,800 for a user’s frozen 3, 532 XRP tokens following a 2024 cyberattack that stole $235 million in assets. This ruling recognizes cryptocurrency as property held in trust, potentially complicating WazirX’s Singapore-based restructuring for Indian users. Madras High Court mandates bank guarantee for WazirX user’s XRP holdings post-hack. Ruling affirms cryptocurrency as possessable property under Indian law, enabling trust-based claims. WazirX’s $235 million loss from 2024 hack leaves insufficient tokens for user liabilities, per court documents. Discover how the Indian court’s WazirX ruling impacts crypto users after the $235M hack. Explore restructuring plans and legal implications for exchanges. Stay informed on crypto regulations today. What is the significance of the Madras High Court ruling on WazirX cryptocurrency claims? The Madras High Court ruling on WazirX marks a pivotal moment in recognizing cryptocurrencies as legal property in India. Delivered on Saturday by Justice N. Anand Venkatesh, the decision requires WazirX’s operator, Zanmai Labs, to issue a bank guarantee worth about $11,800 to.

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