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PhonePe Raises US$750M in Ongoing US$1B Fundraising Effort

Source Node: https://platodata.network/platowire/phonepe-raises-us750m-in-ongoing-us1b-fundraising-effort/
Time Stamp: April 12, 2023 9:40 PM - Modified On: April 12, 2023 - Published By:
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Republished By Plato

PhonePe, the digital payments platform owned by Walmart, has raised US$750 million in its ongoing fundraising effort to raise US$1 billion. The latest funding round was led by Walmart and included participation from several existing investors, including Tencent, Singapore's sovereign wealth fund GIC, and others.The funds raised will be used to expand PhonePe's operations and develop new products and services. The company plans to use the funds to expand its merchant network, invest in technology and infrastructure, and hire new talent.PhonePe has been growing rapidly in India's digital payments market,

Understanding the Importance of NFT Domain Names in the Contemporary Digital Culture

Source Node: https://platodata.network/platowire/understanding-the-importance-of-nft-domain-names-in-the-contemporary-digital-culture/
Time Stamp: March 26, 2023 9:49 AM - Modified On: March 26, 2023 - Published By:
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Republished By Plato

In the contemporary digital culture, Non-Fungible Tokens (NFTs) have become a popular way of representing ownership of digital assets. NFTs are unique digital assets that are stored on a blockchain, making them immutable and tamper-proof. They can represent anything from digital art to music, videos, and even domain names. In this article, we will explore the importance of NFT domain names in the contemporary digital culture.Firstly, it is important to understand what domain names are. A domain name is a unique identifier that represents a website on the internet. It

Understanding the Importance of NFT Domain Names in the Modern Digital Culture

Source Node: https://platodata.network/platowire/understanding-the-importance-of-nft-domain-names-in-the-modern-digital-culture/
Time Stamp: March 26, 2023 9:49 AM - Modified On: March 26, 2023 - Published By:
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Republished By Plato

In the modern digital culture, Non-Fungible Tokens (NFTs) have become a popular way to represent ownership of unique digital assets. NFTs are digital tokens that are used to represent ownership of a particular asset, such as a piece of artwork, music, or even a tweet. These tokens are unique and cannot be replicated, making them valuable in the world of digital art and collectibles. However, NFTs are not limited to just digital art and collectibles; they can also be used for domain names.NFT domain names are domain names that are

South Africa Sees Over 1 GW of Private Solar & Wind Projects Registered in First Two Months of 2023

Source Node: https://zephyrnet.com/over-1-gw-of-private-solar-wind-projects-registered-in-south-africa-in-the-first-2-months-of-2023/
Time Stamp: March 20, 2023 11:35 AM - Modified On: March 20, 2023 - Published By:
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The South African renewable energy sector has seen a surge in activity in the first two months of 2023, with over 1 GW of private solar and wind projects registered. This is a major milestone for the country, as it marks a significant increase in the amount of renewable energy being produced. The projects are expected to generate enough electricity to power more than 3 million homes, and will help the country reduce its reliance on fossil fuels. The projects are part of the Renewable Energy Independent Power Producer Procurement

South Africa Sees Over 1 GW of Solar & Wind Projects Registered in First Two Months of 2023

Source Node: https://zephyrnet.com/over-1-gw-of-private-solar-wind-projects-registered-in-south-africa-in-the-first-2-months-of-2023/
Time Stamp: March 20, 2023 11:35 AM - Modified On: March 20, 2023 - Published By:
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Published by Plato

South Africa has seen a surge in renewable energy projects in the first two months of 2023. According to the South African Renewable Energy Council (SAREC), over 1 GW of solar and wind projects have been registered since the start of the year. This is a significant increase from the previous year, when only 710 MW of projects were registered. The surge in renewable energy projects is largely due to the South African government’s commitment to increase the country’s renewable energy capacity. In 2020, the government announced its intention to

PhonePe Receives US$200 Million Investment from Walmart

Source Node: https://zephyrnet.com/walmart-invests-us200-million-in-phonepe/
Time Stamp: March 19, 2023 9:54 PM - Modified On: March 19, 2023 - Published By:
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Published by Plato

PhonePe, the digital payments platform owned by Flipkart, has received a massive investment of US$200 million from Walmart, the American retail giant. This investment is part of PhonePe's ongoing fundraising round, which aims to raise US$1 billion in total.The investment from Walmart is significant for PhonePe as it not only provides the company with a substantial amount of capital but also strengthens its ties with Walmart. Flipkart, the parent company of PhonePe, was acquired by Walmart in 2018 for US$16 billion, making it one of the largest e-commerce deals in

Walmart’s Investment of US$200 Million in PhonePe: A Significant Move in the Financial Market

Source Node: https://zephyrnet.com/walmart-invests-us200-million-in-phonepe/
Time Stamp: March 19, 2023 9:54 PM - Modified On: March 19, 2023 - Published By:
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Published by Plato

Walmart's recent investment of US$200 million in PhonePe, a digital payments platform in India, has been a significant move in the financial market. This investment is part of PhonePe's ongoing fundraising round, which aims to raise up to US$1 billion. The investment by Walmart will help PhonePe expand its operations and strengthen its position in the Indian digital payments market.PhonePe was founded in 2015 and has quickly become one of the leading digital payments platforms in India. The platform allows users to make payments, transfer money, and pay bills using

FBI Reports 183% Increase in Crypto Investment Fraud Losses to $2.57 Billion in 2022

Source Node: https://zephyrnet.com/fbi-says-crypto-investment-fraud-rose-183-to-2-57-billion-in-2022/
Time Stamp: March 19, 2023 12:42 AM - Modified On: March 19, 2023 - Published By:
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The FBI has recently released a report showing that crypto investment fraud losses have increased by 183% in the past year, reaching a staggering $2.57 billion in 2022. This is a concerning statistic, as it shows that more and more people are falling victim to fraudulent crypto investment schemes. Cryptocurrency is a relatively new asset class, and as such, it is still largely unregulated. This lack of regulation makes it easier for scammers to take advantage of unsuspecting investors. The FBI report states that these scams often involve the use