Coinbase Faces US SEC’s Scrutiny Over Crypto Listings; Child’s Finger Broken by Chess Robot! Tech Market Roundup

Coinbase Faces US SEC’s Scrutiny Over Crypto Listings; Child’s Finger Broken by Chess Robot! Tech Market Roundup
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Analytics Insight presents a quick tech catch with the latest crypto and tech news, stay updated!

Good morning Tech Fam, here's a quick tech update for you to catch on:

What's new today: Crypto trading platform Coinbase Global Inc is facing a US SEC investigation, the first day of India's biggest spectrum auction for 72 GHz (gigahertz) of 5G airwaves worth ₹ 4.3 lakh crore ended with four rounds of auction.

Fast-Trach Insights: Crypto is coming to Esports; the Indian Institute of Technology- Kanpur, and Bombay have jointly developed a technology named 'Anti-Microbial Air Purification Technology. The 5G auction in India is being conducted today with four major participants including Reliance Jio, Airtel, Vodafone-idea, and a unit of Gautam Adani's flagship, Adani Enterprises.

Coinbase Global Inc is facing a US Securities and Exchange Commission (SEC) probe into whether it improperly let Americans trade digital assets that should have been registered as securities, Bloomberg News reported on Monday. The probe by the SEC's enforcement unit predates the agency's investigation into an alleged insider trading scheme that was revealed last week, as per the report.

The way technologies and industries can grow out of nothing into masters of the universe can take even the closest industry observers by surprise. Turn your back on a tiny niche industry and suddenly it's worth billions. That's what happened to games and game tournaments and it will happen to crypto, too, expert says.

What is wrong with AI? A seven-year-old boy's finger was broken by an automated chess-playing robot during the Moscow Open. In the video, the robot plays on three chessboards simultaneously. The boy makes a move when the robotic arm lowers onto his hand. Four men rush in to help, the boy's finger is freed, and he is taken away.

IIT Kanpur and IIT Bombay have developed a novel anti-microbial air purification technology that deactivates the Covid-19 virus with an efficacy of 99.9% in just one minute. The technology has proved to be a path-breaking innovation against air pollutants as well as coronavirus, declares IIT Kanpur.

The 5G auction in India is being conducted today with four major participants including Reliance Jio, Airtel, Vodafone-idea, and a unit of Gautam Adani's flagship, Adani Enterprises. All eyes are on who will win the rights to 72 gigahertz of radiowaves worth Rs 4.3 lakh crores. Besides, internet users in India are curious to know about the prices of 5G plans and also when 5G will be officially available in the country.

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