Islamabad’s embrace of crypto seems as political as it is economic, drawing in top military brass & the intelligence chief, even as Pakistan's banks warn of risks.
ED is investigating FieWin app which allegedly defrauded users of Rs 400 crore. The money was routed from nearly 80 bank accounts of Indian users who put money in the app, agency said.
The project has garnered a lot of market attention, and investors have poured in millions during the presale. It is projected to give 100x profit to its investors in 2023.
The technology, designed by start-up Halter, creates a virtual fence for cattle and enables farmers to monitor the animals’ location & health through an app.
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