Gadgets And Technology Daily News | 05 Jul 2023
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Justin Bieber’s BAYC NFT Worth $1.3 Million Plummets in Value, Now Stands at Under $60,000: Details
Pop singer Justin Bieber, who has not hesitated from exploring the digital assets sector, has reportedly been exposed to the financial risks that crypto sceptics keep warning others about. An NFT purchased by Bieber last year for an outlandish price of $1.3 Million (roughly Rs.10 crore) has now crashed to a price less than half of its original value. This drastic change in the values of digital collectibles can be blamed on the ongoing market volatility affecting the overall sector.
Bieber's NFT belongs to the famous Bored Ape Yacht Club (BAYC) collection. Created by digital art platform Yuga Labs, NFTs from BAYC show bored looking apes in various avatars.
The BAYC NFT #3001, that cost the “Peaches” singer over a million dollars, now reportedly stands at the price point of $59,090 (roughly Rs. 48 lakh).
The development has been talked about heavily on Twitter as a warning to potential NFT investors.
Justin Bieber purchased this Bored Ape NFT in January 2022 for $1.31 million.Today, it's worth $59,090. pic.twitter.com/SEtUy4TasA
The price of BAYC NFTs began to wobble around April when the overall crypto market was also beginning to slow down amid post-COVID-19 inflation in the US.
Owing to back-to-back interest rate hikes in the US as well as regularity uncertainty shadowing the global Web3 sector, investors exited in plenty, negatively impacting the digital assets sector.
As per NFT and Web3 analysers like OpenSea and CoinGecko, the floor price of the BAYC NFT collection has sunk significantly in the last few months, a new one recorded after October 2021.
The floor price (lowest price of an NFT from a collection) of BAYC NFTs stands lower than ETH 30 (roughly Rs. 48 lakh).
Bieber's BAYC NFT #3001, that shows a teary, brown-coloured ape standing in a “new punk blue” background in a simple, black-coloured t-shirt, was purchased by the singer at a higher than listed price.
The original price of this piece was around $270,908 (roughly Rs. 2 crore) at the time of sale, but the Canadian singer bought it for a price 300 percent higher, according to Bitcoin.com, inviting trollers to attack him at the time.
Now that its price has fallen, it remains unclear if Bieber would retain the NFT or re-sell it for profits.
Oppo A78 4G Specifications, Design Leaked; Tipped to Launch on July 7
Oppo launched the Oppo A78 5G earlier this year and now the Chinese manufacturer is planning to launch a 4G variant of the smartphone. The handset's design and specifications have been leaked by a reliable tipster, giving a sneak peek into the details. The purported phone has been tipped to come in two colour options, namely Misty Black and Aqua Green. The upcoming Oppo A78 4G is likely to sport a 6.43-inch Full HD+ AMOLED display with a 90Hz refresh rate. Additionally, the tipster has also mentioned a likely launch date for the upcoming smartphone.
Tipster Paras Guglani (Twitter @passionategeekz) has shared a teaser poster of the purported Oppo A78 4G, revealing key details of the phone. The poster gives out detailed specifications of the phone including. The Oppo handset is said to sport a 6.43-inch Full HD+ AMOLED display, sporting a hole-punch design on the top left side of the panel. The display boasts a 90Hz refresh rate, too. The phone is powered by a Snapdragon 680 SoC, paired with 8GB of RAM and 256GB of inbuilt storage. The phone is also said to be equipped with RAM expansion technology that will allow users to borrow virtual memory and use it as extended RAM. The upcoming Oppo A78 4G is said to be powered by a 5,000mAh battery with 67W SuperVOOC charging support.
Furthermore, the smartphone is teased to come in two colour shades — Misty Black and Aqua Green. The phone is said to sport a Diamond Matrix-designed back panel. Additionally, it will likely sport a dual camera setup along with an LED flash on the back.
Other additional leaked details include dual stereo speakers and real HD Sound 3.0. According to the tipster, the Oppo A78 4G will likely launch on July 7. All these leaked details, however, have not been confirmed by Oppo as yet.
Earlier this year, Oppo launched the Oppo A78 5G with a waterdrop-style notch display. The smartphone is powered by a MediaTek Helio 700 SoC, paired with 8GB of RAM and 128GB of storage. The handset packs a dual rear camera setup headlined by a 50-megapixel primary sensor. It packs a 5,000mAh battery and supports 33W SuperVOOC fast charging.
Samsung Galaxy Z Fold 5 May Not Come With IP58 Rating for Dust and Water Resistance
Samsung Galaxy Z Fold 5 is expected to debut later this month during the Galaxy Unpacked event along with Galaxy Z Flip 5. Earlier rumours have suggested dust resistance for the Galaxy Z Fold 5. However, a prominent tipster has now denied this rumour and states that it won't come with an official IP58 rating for dust and water resistance. Last year's Galaxy Z Fold 4 featured an IPX8 rated build. However, it lacked dust resistance.
According to reliable tipster Ice Universe (@UniverseIce), the Galaxy Z Fold 5 will not come with an official IP58 rating for dust and water resistance. The latest leak seems to contradict an earlier leak that claimed IP58 dust- and water-resistance in both the Galaxy Z Fold 5 and Galaxy Z Flip 5.
The current generation foldable smartphones from Samsung — Galaxy Z Fold 4 and Galaxy Z Flip 4 — have IPX8-rated build. Some latest smartphone models including the Motorola Edge 40 and Asus Zenfone 10 have IP68 dust and water resistance.
Samsung is expected to announce the Galaxy Z Fold 5, Galaxy Z Flip 5, Galaxy Watch 6, and Galaxy Tab S9 series at the Galaxy Unpacked event in the last week of July. The event will take place in South Korea. The Galaxy Z Fold 5 is said to carry a price tag of $1,799 (roughly Rs. 1,47,000).
Last week, complete specifications of the Galaxy Z Fold 5 leaked online. It is tipped to run on Android 13 with One UI 5.1.1 skin on top. It could come with a 7.6-inch full-HD+ (1,812 x 2,176 pixels) Dynamic AMOLED inner display with up to 120Hz refresh rate, and a 6.2-inch (904 x 2,316 pixels) Dynamic AMOLED outer display with up to 120Hz refresh rate. The foldable is said to run on a Snapdragon 8 Gen 2 SoC, paired with 12GB of RAM. It could be launched in 256GB and 512GB storage options.
The Galaxy Z Fold 5 is said to carry a triple rear camera setup comprising a 50-megapixel primary camera, a 12-megapixel ultra-wide camera, and a 12-megapixel telephoto shooter. For selfies and video chats, there could be a 10-megapixel front camera. Also, the foldable could feature a 4-megapixel under-display camera located on the internal display. Samsung is also tipped to equip the handset with a 4,400mAh battery.
Telegram-Backed TON Blockchain Adds End-to-End Encryption to Messages, Boosts Privacy Factor
The TON blockchain network will now let users share messages and financial transaction details with each other, with a layer of encryption protecting their privacy. The creation of The Open Network (TON) blockchain was initiated around 2018 by Pavel Durov, the founder of Telegram. The TON mainnet went live and completely operational around last year. Now controlled by the TON Foundation, the blockchain keeps getting newer updates to cater to the needs of all its users.
Up until now, when a TON user sent a message tagged to a financial transaction to another user, it used to be open to the public. With the new update however, users will be allowed to encrypt their messages end-to-end — accessible only to the end recipient.
Basically, TON users, who sent text greetings on birthdays and anniversaries to their peers along with Toncoin or NFT gifts, will be able to do so with complete encryption.
In an official Twitter announcement, the team behind TON posted a video clip demonstrating this new feature.
The clip shows that encrypting messages on TON would be an optional feature, which users will have to select specifically to activate it.
TON Foundation Introduces Encrypted Transaction Messages:point_down::gem:https://t.co/HXKtk0gxKC pic.twitter.com/0z1z4E5ku1
“Even in the event of an apocalypse and the failure of conventional messenger servers, you will retain the ability to send messages via the decentralised TON blockchain,” reports quoted Anatoly Makosov, a Core developer at TON Foundation, as saying.
While TON was conceptualised by Telegram founder Durov, it was later abandoned. The open-source code of the blockchain, however, was available for people to build on.
Later, under the oversight of the TON Foundation, the blockchain began showing promise and growth.
In November last year, crypto investment company DWF Labs invested $10 million (roughly Rs. 80 crore) in the Layer-1 blockchain network.
To drive the adoption of this eco-friendly, proof-of-stake blockchain, the foundation had auctioned rare usernames in October last year.
In April 2022, the TON foundation had raised $1 billion (roughly Rs. 7,900 crore) in donations to further its development efforts.
Unocoin crypto exchange listed Toncoin for trade in India last year and is the only exchange to have done so till now.
Each TONCOIN is currently trading at $1.43 (roughly Rs. 117) with a market cap of $7.2 billion (roughly Rs. 59,053 crore), as per CoinMarketCap.
Vivo V29 Reportedly Listed on FCC Website With 4,505mAh Battery: All Details
Vivo is likely to expand its V-series smartphones in China with the launch of the Vivo V29 5G. The handset has reportedly been spotted on the FCC certification website hinting at some of its key specifications. The smartphone was also spotted on the NBTC certification site recently. It is tipped to pack a 4,505mAh battery. However, Vivo is yet to reveal any details of the purported smartphone, which is expected to succeed the Vivo V27.
According to a Pricebaba report, the purported Vivo V29 has been listed on the FCC certification site with the model number V2250. The listing suggests the battery specifications as well as the connectivity options of the phone.
The handset is said to be backed by a 4,505mAh battery with support for 80W fast charging. The charger is said to carry the model number V8073L0A0. Additionally, the listing also suggests 5G, LTE, Bluetooth, and NFC connectivity options. The report also adds that the Vivo V29 will ship with a 6.7-inch OLED full-HD+ display with a 120Hz refresh rate. It is tipped to be powered by a Snapdragon 778G+ SoC paired with up to 12GB of RAM and 256GB storage. For software, it could run on Android 13-based Funtouch OS out of the box.
Other than these, the camera specifications are also leaked. The Vivo V29 is said to pack a 64-megapixel main rear camera with optical image stabilization (OIS) support. However, Vivo is yet to announce any details of the Vivo V29. The launch timeline and more details about its specifications should surface in the coming weeks.
The purported Vivo V29 is expected to succeed the Vivo V27, which was launched earlier this year. The phone sports a 6.78-inch full-HD+(1,080x2,400 pixels) AMOLED display with 120Hz refresh rate. It is powered by a MediaTek Dimensity 7200 5G SoC and runs on Android 13-based FunTouch OS 13.
Nothing Phone 2 Design Revealed Officially Ahead of July 11 Launch
Nothing Phone 2 is all set to be launched on July 11 as a follow-up to last year's Phone 1. In the build-up to its imminent arrival, the Carl Pei-led UK brand has unveiled the first official look of the flagship handset. The official render suggests white and grey colour options for the Nothing Phone 2 with a new Glyph Interface. The overall design appears to follow in the footsteps of the Nothing Phone 1. The Nothing Phone 2 is confirmed to run on Snapdragon 8+ Gen 1 SoC and will go on sale in India via Flipkart.
Nothing on Tuesday unveiled the official look of its upcoming Nothing Phone 2 via Twitter. As mentioned, the handset is seen in white and dark grey colourways with a transparent rear case and curved edges. The image shared by the brand shows a similar design to its predecessor Nothing Phone 1 that was launched in July last year. The Glyph Interface seems to have a few notable upgrades with slightly tweaked LED lighting.
A new era. Where iconic design meets premium performance.A product of meticulous engineering and obsessive attention to detail. Our proudest design story so far.Come to the bright side. Meet Phone (2) on 11 July, 16:00 BST. pic.twitter.com/ckgmAXCawi
Ring-like camera module housing dual rear cameras are seen arranged in the upper left corner of the Nothing Phone 2. Further, the volume rockers are seen on the right spine of the smartphone, while the power button is arranged on the left spine.
The upcoming Nothing Phone 2 is confirmed to feature 33 LED lighting zones, this would be a significant upgrade from Nothing Phone 1's 12 individual LEDs. They can be programmed through the phone software. The handset is teased to run on Qualcomm's Snapdragon 8 Gen 1 SoC and will pack a 4,700mAh battery.
The Nothing Phone 2 will be launched in global markets including India on July 11. The virtual launch event will begin at 8:30pm IST and will be streamed live via the company's website as well as the official YouTube channel. The upcoming handset will go on sale in India via Flipkart. Unlike the Phone 1, the new handset is confirmed to get a US release.
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