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Chengpeng Zhao

Success Story of Changpeng Zhao: From Zero to Billionaire

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Chengpeng Zhao is a Chinese-Canadian business executive who is the chief executive officer and founder of Binance. Binance is the world’s largest cryptocurrency exchange by trading volume as of July 2022. Chengpeng Zhao was born in Jiangsu, China and migrated to Canada at a young age with his family. Currently, he is established in Singapore.

Chengpeng Zhao
Image Source: business-standard.com

formerly, he was a member of the team that developed Blockchain.info and also worked as Chief Technology Officer at OKCoin. He is ranked 113th richest in the world, having a net worth of approximately 14.9 billion USD as of May 2022, according to Bloomberg Billionaires Index.

Early Life and Education

Chengpeng Zhao was born in Jiangsu province in China. He moves to Canada with his family in the late 1980s settling in Vancouver, British Columbia. His parents both opted for teaching as their profession in China. His childhood had been a difficult one, his family condition was not great so he supported his family by working several service jobs. He attended McGill University in Montreal, Quebec where is majored in computer science.

Chengpeng Zhao is currently the most recognizable face in crypto. Many people are getting millions, and also some people are losing millions via cryptocurrency trading since there is not any shortage of cash to make in the 1 trillion USD cryptocurrency sector. The no of billionaires who have acquired a fortune in crypto has increased to 19 in 2022.

Chengpeng Zhao: From China to Canada to Dubai

Chengpeng Zhao chose Dubai as his new home because he believed that the cryptocurrency space is highly international and diversified and that Dubai is a true innovation hub that houses a highly innovative and diverse group.

Chengpeng Zhao got into developing market-focused trading software, having majored in computer science including an internship he did at the Tokyo Stock Exchange and a full-time job at Bloomberg, a global financial data giant, for four years.

During his time at Bloomberg, he developed trading software for Wall Street, which was designed to help investors trade contracts, used to trade an asset at a predetermined cost.

Then, he founded his own company known as Fusion Systems. Fusion Systems was founded to develop trading systems for brokers.

Before launching Binance, he was involved in different crypto companies. It includes his work as a head of technology at Blockchain.com where he became interested in Bitcoin, the world’s greatest digital currency.

Despite the fact that Chengpeng Zhao was from the traditional financial space, he was greatly influenced by Bitcoin, being borderless and unrestrained from any intermediaries. He liked the fact that Bitcoin tackled many money-related issues which includes freedom to trade, supply and low fees.

The largest cryptocurrency platform in the world

Chengpeng Zhao founded Binance in less than eight months by being inspired by the principles of Bitcoin. Binance Coin was launched the same year after Binance’s launch in July 2017. Binance Coin is a utility token that provides its owners with several benefits, like discounts on trading fees. Also, in 2019, Binance launched Smart Chain which is an Ethereum competitor.

Binance’s worth rose in April 2019 to 4.5 billion USD, and the growth has not stopped there. It has taken its first step towards its expansion in Abu Dhabi after getting the permission to start the operations. Binance has approximately 120 million users currently, and about 50 billion USD is traded daily on this platform.

Chengpeng Zhao is currently ranked 35th on the list of the world’s richest people having an estimated net worth of 34.5 billion USD as of August 2022. About all of his worth is in cryptocurrency.

Fast Company

After an Apple News feed hack, Fast Company takes down its website

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Fast Company, a US-based business news publication, stated on Wednesday that two racist offensive push notifications were delivered to consumers via its Apple News alerts as a result of a high-profile media feed hack.

Fast Company
Image Source: economictimes.indiatimes.com

As soon as the situation was rectified, Apple took down the Fast Company channel from its platform. In order to offer push alerts to Apple consumers who subscribe to the news publisher’s channel, news publishers utilizing the Apple News aggregation application can link existing digital publishing tools to Apple News.

Fast Company claims that such publishing tools were compromised by hackers. Two offensive and racist push notifications were sent by hackers one minute apart, according to a tweet from Fast Company, which also stated that the Apple News stream had been suspended while the problem was examined.

Before it vanished, the hackers left a statement on Fast Company’s website explaining how they gained access by using a password that was used by numerous users, including an administrator.

The hackers gave the following message, “Wow, Fast Company. Despite the public defacement of your site, which boasts millions of visitors, all you did was hastily change your database credentials, disable outside connections to the database server, and fix the articles. What an absolute disgrace of a news source, and one that I would personally avoid due to how little they care about user security.”

The hacker behind the intrusion, who goes by the handle “Thrax,” however, released a sponsored content article before the site was taken down that described how the attackers were able to hack the magazine. According to the message, Fast Company had login details that were “ridiculously easy” and used on numerous accounts, such as an administrator.

The hacker was able to send out emails using any @fastcompany.com email thanks to the attacker’s access to a variety of sensitive data, namely authentication tokens, Apple News API credentials, and Amazon Simple Email Service (SES) tokens. The Fast Company hacker stated they were unable to access client records because they were probably kept in a database server.

The hacker claims to have earlier compromised the photo-sharing portal ClickASnap and the self-described free-speech social media platform USA Life. In a separate message posted on Sunday to a well-known hacking forum, the attacker stated they were going to release a database with 6,737 Fast Company employee information. This database included information on the employees’ email accounts, password hashes, unpublished drafts, etc.

Reuters attempted to access the Fast Company website on Tuesday night, but it was unavailable and the page gave a 404 error. Following the shutdown, Fast Company claimed that the notifications were sent using a hack of its content management system, which is used by news organizations to publish and maintain their stories.

Business, technology, and design are the main topics of the American business magazine Fast Company. It is accessible online and in print. Six print issues are published each year. Fast Company is owned by the publishing firm Mansueto Ventures LLC.

oneplus nord watch

OnePlus Nord Watch Specifications Unveiled Ahead of India Launch

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The OnePlus Nord Watch will shortly be unveiled by OnePlus in India. The Chinese electronics manufacturer has disclosed some of the main characteristics of the future smartwatch in advance of the launch.

OnePlus Nord Watch
Image Source: gadgetsandwearables.com

A week ago, OnePlus revealed that the OnePlus Nord smartwatch will be the company’s latest offering. Since then, the company has been gradually revealing details in an effort to keep the buzz around its forthcoming product alive.

The company has revealed that the most recent upgrade to the Nord smartwatch will have around 105 Sports modes. To help the user maintain their lifestyle, it will not only have the necessary modes, such as indoor and outdoor walking and running but also sports modes, such as cricket, yoga, etc.

The 1.78-inch AMOLED screen of the OnePlus Nord smartwatch has a 500 Nits peak brightness and a high resolution of 368448. The display will have a refresh rate of 60Hz. Additionally, the Nord Watch will offer more than 100 online changeable Watch Faces. Although the brand has not yet provided details regarding the watch’s launch date, it is anticipated to do so shortly.

The watch could debut around the end of September or the beginning of October if the current claims are to be believed. The Nord Watch, according to OnePlus, seeks to “make the hallmark OnePlus technology available to a broader set of the audience” and will “bolster OnePlus Nord’s position inside the wearables category.”

The Nord Watch has gained popularity online. It is anticipated that the next Nord-series smartwatch would feature Bluetooth 5.2 and the customizable N-Health app. Both iOS and Android devices should work with the smartwatch. It would have a side-mounted navigation button and a rectangular dial.

Given that it contains the functionality found in less expensive wearables, the smartwatch is anticipated to be less than Rs 5,000. In India, OnePlus currently offers a high-end watch for Rs 14,999, and it is getting set to introduce a brand-new model in the entry-level price range.

OnePlus isn’t new in the wearable technology market and already offers products like Nord Buds, and Nord Buds CE. With their slim in-ear design, they have a similar aesthetic to the first Apple AirPods.

The OnePlus Watch, the company’s first wristwatch, was introduced in India last year. The wristwatch has a 1.39-inch AMOLED screen, 1GB RAM, and 4GB of internal storage and is powered by a 402 mAh battery. The OnePlus Watch is optimized for Android 6.0 and higher and offers Bluetooth 5.0 connectivity. Among other sensors, it has a gyroscope sensor, a geomagnetic sensor, an optical heart rate sensor, and a blood oxygen sensor.

The wristwatch, which costs Rs. 13,499, includes over 110 fitness programs, an integrated GPS, speaker, and mic for calls. It is water and dust-resistant and has an IP68 rating. It appears like OnePlus is also developing the N Health app, a new companion software for the Nord Watch that will run on both iOS and Android. According to rumors, the smartwatch would come in two colors—blue and black—and have a battery life of up to ten days.

Oneplus is a Chinese consumer electronics manufacturer. It is fully owned by Oppo, which, like Vivo, Realme, and iQOO, is a division of BBK Electronics. The OnePlus Nord, the company’s first mid-range phone ever since OnePlus X in 2015, was introduced by OnePlus in 2020.

Lava Blaze Pro

Lava Blaze Pro debuts in India with a 6.5-inch display and 90Hz refresh rate

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Lava has introduced the Blaze Pro, a new smartphone that costs Rs that can be purchased from Flipkart, offline stores, and the Lava website. In addition, Lava also revealed that it had appointed Kartik Aaryan as its brand ambassador to support the smartphone industry as it introduced the Lava Blaze Pro.

Lava Blaze Pro
Image Source: gsmarena.com

It is, as its name implies, an improved version of the Lava Blaze, which made its debut in July of this year. The smartphone is in the under Rs. 12,000 pricing range. It competes in the market with smartphones like Realme C35, Redmi 10 Power, etc. The brand-new phone from Lava has a 50MP triple camera configuration in addition to a redesigned design. It boasts a big 5,000mAh battery and an expansive IPS panel.

There are two storage options available for the Lava Blaze Pro: 32GB and 64GB. The 32GB storage capacity’s cost has not been disclosed by Lava, however, the 64GB model is priced at Rs. 12,999. The device has 4GB of RAM. Lava Blaze Pro is available in the colors Glass Green, Glass Gold, Glass Orange, and Glass Blue. The product is available for purchase on the company’s website at the price of Rs. 9,999. The Lava Blaze Pro has a 6.5-inch 2.5D IPS screen with a 20:9 aspect ratio and HD+ resolution of 720×1600 pixels.

The phone has a 90Hz refresh rate. The smartphone comes with a Premium Frosted Glass Back Design. On its front, the smartphone bears a waterdrop notch design on the top, containing the front camera. The smartphone has an octa-core MediaTek Helio G37 processor, 4GB of RAM, and up to 64GB of internal storage. Additionally, Lava Blaze Pro supports 3GB of virtual RAM. The company obviously intends to provide users with improved performance and gaming by supporting expandable RAM storage.

The dual SIM phone has a slot for microSD cards that enables capacity to be increased by up to 256GB. The smartphone has three cameras set up at the rear for optics. A 50MP main/back camera plus a macro and a portrait detector make up the camera system. The phone’s camera has a variety of features, including HDR mode, Beauty mode, Panorama mode, Night mode, and others. The front camera is 8MP. The phone has connectivity features like Bluetooth v5.0, 4G LTE, Wi-Fi, 3.5mm headphone jack, OTG, and GPS compatibility.

Along with face unlock, customers will also receive a side-mounted fingerprint sensor for security. A 5,000mAh battery with a USB Type-C connection powers the gadget. The smartphone runs on Android 12 OS and supports FM radio.

Lava, an indigenous brand, is working to increase its visibility in the low-cost smartphone market in India. Lava Blaze Pro is aimed at those looking for a low-cost smartphone with a faster refresh rate display, a good front camera, extendable memory/storage, and a powerful battery.

Lava is an Indian electronics company that makes phones, computer hardware, consumer electronics, etc. It was established in 2009 as a spinoff of a telecom company by Amit Singh, Sunil Bhalla, Shailendra Nath Rai, and Vishal Sehgal. Its headquarters are in Noida, India, and it operates in a multitude of other nations abroad. In India’s feature phone market during the fiscal year 2021, the company had a 13.4% market share.

Flying bike

The World’s First Flying Bike launches in the USA, and people are in awe of the bike.

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Motorcyclists always want something new and odd when it comes to innovation. Flying bike seemed a very long shot. Car drivers just get excited by getting cup holders and iPod docs but motorcycle riders want something unique that focuses on making the bike and biking even more enjoyable, faster, and safer.

Flying bike
Image Source: zeenews.india.com

From the world’s first petroleum-powered motorcycle to modern motorcycles with HD evolution Engines we have come a long way.

In the timeframe between the ’90s and 2000s when we were growing up the future of motorcycles or cars was portrayed with flying cars, bikes, and pods. Many people told of having flying cars by 2020 just like the science fiction movies depicted.

But due to the severe changes in climate and awareness about it was increasing and vehicular pollution was at its top the standard of future mobility deflected from flying vehicles to electric and clean mobility.

With these changes over the past years, one thing was evident if the major part of the R&D budget was going to move to make the whole mobility sector electric then there were not enough resources remaining to venture into the flying personal mobility space.

The flying bike and cars gave the impression of being a dream too far from the near future but some companies did not stop or get demotivated by the various reasons floating around and kept working to make this vision true. One such enterprise is a Japanese startup, AERWINS Technologies. They have built a flying bike or a human flying cluster of drones known as XTURISMO hoverbike.

Aerwins Technologies XTURISMO hoverbike was launched last week on Thursday, 15 September 2022, in Motown at the Detroit Auto Show 2022 which was held for the first time since the people were hit by the pandemic. The XTURISMO hoverbike can fly for about forty minutes and achieve a speed of 100 km per hour (62 miles per hour).

 The bike appeared similar to the bikes we have seen in the “Star War”. After this bike was unveiled, many people called it “the future of urban mobility”. You may not know but this same flying bike was first displayed during an Auto Show held in Japan last year in October.

The video of this Star Wars look-alike flying bike was widespread on the internet on social media platforms like Twitter. The people were indeed astonished after seeing it land after a flight.

Thad Szott, co-chair of the auto show is heard saying in the video, “I feel like I’m literally 15 years old and I just got out of ‘Star Wars’ and jumped on their bike.” “I mean, it’s awesome! Of course, you have a little apprehension, but I was just so amped. I literally had goosebumps and feel like a little kid.”

Source: indianexpress.com

How does the XTURISMO hoverbike Work?

This XTURISMO hoverbike utilizes two large central rotors backed by a 228 hp gas-powered Kawasaki motorcycle performance engine for thrust. Together with the main rotors, four smaller electric support rotors are also available on the motorcycle’s edges present on the outer side for maintaining stability.

At present, the hoverbike’s body which is a lightweight carbon fiber body weighs only 299 kg and appears to be 12 feet long. It also features an automatic control unit developed and designed to enhance safety.

Price and Availability

The XTURISMO hoverbike is expensive obviously because it is a flying bike that costs 777,000 USD which is roughly 6 crores INR. It is on sale in Japan already. Since Japan has strict rules for these vehicles so the bike is only allowed to fly over racetracks.

Despite that, Shuhei Komatsu, CEO, and founder of AERWINS stated that the firm is planning to sell a bit small version of this bike in 2023 in the United States. He also said that the firm is trying to cut down the bike’s cost to 50,000 USD for a small, electric model but it will take about 2-3 years for it to be ready. It will probably be ready by 2025.

DJI Osmo Action 3

DJI Osmo Action 3 Comes with Super-Fast Charging, Impressive Waterproof Rating, and Rugged Design

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DJI has always been renowned for its line-up of magnificent and user-friendly camera drones. The brand has also been endeavoring to take a part in the wearable camera market with the launch of 2019’s Osmo Action. The DJI Osmo Action 3 is a thoroughly redesigned camera in its third iteration. It features twin touchscreens and flexes its improved battery life, a quicker, more intuitive mounting system, and faster charging, and also it captures an image-stabilized 4k/120p Video.

DJI Osmo Action 3
Image Source: camerajabber.com

Design and Specifications

The DJI Osmo Action 3 which is a completely redesigned camera, audits back to the first variant of the Osmo Action. Its predecessor lacked the Osmo monitor and was called the DJI Action 2. It had a unique and interesting modular design. DJI has done and returned to the classic action camera styling of a small black rectangle.

The unique thing to notice about this camera is the dual touch screens without needing separate modular units. The front sports a 1.4-inch 360px X 360px screen and on the back is a 2.25-inch 640px X 360px display. Both of them are touch-enabled for simple and user-friendly camera controls when capturing selfies and shooting vlogs and also, and they use Gorilla Glass which is highly protective.

It also features a magnetic quick-release plate which is also newly designed with a positioning clip that would withstand even the worst of impacts and enables the user to connect to several different mounts with or without the case. The magnetic chip supports vertical mounting which allows easy footage making for social media.

The Camera uses three-mic stereo recording to separate the wind. If the user needs even more high-quality audio, it also tends to those needs by supporting DJI microphones through USB-C connections or any other microphones via a 3.5 mm to USB-C adapter.

Battery Life

The Action 2 was renowned for its bad battery life i.e only 60 minutes. It is good news for the users that DJI addressed and corrected this in this brand-new Osmo Action 3 having a 1770mAh “extreme battery” which provides 160 minutes of extended battery Life

Durability

The Action 2 model also had overheating problems and operational issues in temperatures below freezing. DJI has promised that it has fixed these issues in the Osmo Action 3. This camera is said to be able to record constantly at 4K/60p until the battery is fully drained without overheating.

Camera and Video features

The camera features a 1/1.7-inch CMOS sensor with 12 MP images. The maximum video resolution remains the same at 4K/120p. The lens provides a wide 155-degree view field or the equivalent of a 12.5 mm full-frame lens. You get the greatest image stabilization. “Rock Steady 3.0” minimizes the shake while shooting at the maximum video resolution.

However, “Horizon Steady” eliminates the shake and keeps the horizon level even with 360 degrees turns which is a perfect choice for surfers. It also has a “Horizon Balancing” option that helps correct tilt up to + 45/-45 degrees and smoothens the footage up to 4k/60p.

Pricing and Availability

The DJI’s Osmo Action is available to pre-order now and it will be unveiled on 9th October 2022. It is available in a Standard combo, priced at 329.00 USD which also includes a protective frame, lens protector, adapter mount, and other essential products like a battery and charging cable.

There also comes an Adventure Combo which will cost you up to 439.00 USD and offers everything that we have in the standard combo. The special items it provides are the multifunctional battery case, a 1.5mm extension rod for the unlimited adventure, and extra batteries.