UIDAI’s Bengaluru regional office issued a notification warning people against sharing photocopies of their Aadhaar cards with unlicensed vendors to protect themselves against a rising wave of bank scams. The A16 chip for Apple’s upcoming iPhone 14 models will probably be based on a 5nm process, as fabrication processes of 3nm and 4nm might not be available for mass production until 2023.
Terraform labs launched a new version of the LUNA blockchain on Saturday. However, about 12 hours later, the new token had already lost 73% of its value, trading at $6.63 at the time of writing, having peaked earlier at $19.54.
Evidence has surfaced suggesting that the 18-year-old Uvalde gunman who fatally shot 19 school students had been teasing his plans online and frequently threatened teenage girls online. Finally, smartphone sales in China have plummeted following COVID-19’s resurgence in the country.
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Aadhaar scams are growing massively
- A UIDAI regional office has issued a notification warning people about not sharing their Aadhaar cards as they can be misused for identity theft.
- The office suggested that people use a masked copy of their Aadhaar cards instead, which only shows the last four digits of the Aadhaar number.
- The notification comes after a significant rise in bank scams. According to The Morning Context, Banks have reported scams worth ₹10.4 crores over the last three years, with scams and frauds worth ₹6.48 crore in 2021-22 alone.
- The government provided this data in response to a question raised over the illegal use of Aadhaar biometrics by Lok Sabha Member of Parliament M. Selvaraj.
- In 2021-22, 2391 unique customers were victims of fraud in 8,739 transactions amounting to ₹6.48 crore. This is a significant increase from 2020-21 with 1,200 unique customers, 3,755 transactions amounting to ₹2.68 crores and an even higher rise from 2019-20 with only 497 unique customers who lost ₹0.94 crores in 1,370 transactions.
- Following the first notification, the Ministry of Electronics and IT (MeiTY) issued a clarification stating that the announcement was in the context of an attempt to misuse a photoshopped Aadhaar card. However, considering the possibility of misinterpretation, the ministry immediately withdrew the statement.
Stats courtesy: The Morning Context.
Apple’s A16 chip might be based on a 5nm process
- In addition to only including its new A16 chip on the upcoming iPhone 14’s Pro models, Apple might be force to continue using the 5nm process.
- According to analyst Ming-Chi Kuo, TSMC’s public roadmap for the company’s silicon processes suggests that 3nm and 4nm fabrication processes might not be available for mass production until at least 2023.
- While it’s unusual for a company like Apple to stick to the same process size for so long (nearly three years), TSMC might not be able to push the barrier this year reportedly due to the global chip shortage.
H/t: 9to5Mac
Luna’s new blockchain looses more than 70% value in 12 hours
- Terraform Labs launched a new version of the Terra blockchain called Terra 2.0 on Saturday.
- Having peaked earlier at $19.54, the new token lost about 73% of its initial value in about 12 hours since launch. The token is trading at $6.63 at the time of writing.
- The drop came shortly after newly-minted LUNA tokens were distributed to LUNA Classic (the original LUNA) and TerraUSD investors.
H/t: Decrypt
Uvalde gunman dropped multiple hints before high-school shooting
- The 18 year-old gunman who fatally shot 19 kids and two teachers at Robb Elementary School in Uvalde, Texas had dropped multiple hints on different social media platforms leading up to the shooting, including the French app Yubo.
- Salvador Ramos frequented Yubo, where he’d abuse and harass people, often following them to other platforms, including Instagram.
- His Yubo account was reported for bullying and other offences multiple times, but no action was taken.
H/t: The Washington Post
COVID resurgence is hitting smartphone sales in China
- According to data from the China Academy of Information and Communications Technology, smartphone shipments in the country fell 34% to 17.7 million units compared to April 2021.
- The academy also noted that smartphone shipments fell by 30% to about 80 million in Q1 this year.
- Apple had also warned about sales going down by as much as $8 billion this quarter, citing the resurgence of COVID-19 as the reason.
- Xiaomi revealed that its January-March smartphone revenue fell by 11% from the same period an year ago, citing logistics crunches, closed stores and component shortages as the reason all stemming from China’s strict preventive policies to combat COVID.
H/t: The Wall Street Journal
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