Blockchain & crypto news from India
Within months, the sentiments to ban cryptocurrencies in Russia have extensively modified, and at present, key government officials are the ones advocating for ways to incorporate the nascent asset class into the system. In a recent revelation, Russia’s Minister of Industry and Trade Denis Manturov said that the step to authenticate cryptocurrencies as means of…
An Overview: African Plastic Waste Crisis The last 30 governments in the continent have restricted their use, with Kenya levying the world’s strictest ban on plastic bags in 2017. Africa has been facing severe flooding, and one of the reasons is the blocking of drainage pipes caused by plastic bags. Every year, more than 15…
Accelerated tech adoption has surged the fame of the metaverse around the globe, and real estate in the metaverse is the talk of the town. Real estate in the metaverse is a virtual ecosystem, a replica of real-world conditions. It links technologies like augmented reality, virtual reality, and video to develop a virtual space where…
In 2021, we saw a massive increase in NFTs’ price, attracting the interest of thousands of investors to these unique digital assets. In addition to collectors and traders, many buyers are speculators, who hope to buy these assets early and sell them for a profit in the future. This article will tell you some trending…
A Solana Blockchain-based ‘play to earn’ (p2E) gaming platform, Cricket Star Manager (CSM), is ready to establish its initial dex offering (IDO) on the Star Launch Platform on April 25, 2022. Cricket Star Manager has already raised $2 million from different investors like Stakely.VC, Maven Capital, Ethernal Labs, Banter Capital, Spark Digital Capital, Paribus Ventures,…
Cryptocurrency has evolved in frontier markets such as Argentina, where an unsteady financial system and decisive government intervention in the country’s economy have pushed many Argentines toward decentralized cryptocurrency. The country’s national currency, the peso, is already highly volatile and subject to a raft of financial controls. As a result, the currency is increasingly demanding…
Ethereum (ETH) outshined bitcoin (BTC) in a ranking of the top cryptocurrencies by realized gains globally, with USD 76.3bn taken out in fiat profits in the previous year compared with USD 74.7bn in realized for bitcoin. The higher profits that ETH holders have discovered are likely a result of the rise of decentralized finance (Defi)…
Myraah, a Pune-based technology start-up, has raised $350,000 as pre-seed funding led by CEO and Co-founder of Xceedance, entrepreneur, and technology enthusiast Arun Balakrishnan, Gurgaon based angel investor. Mr. Arun is also one of the Venture Partners. This fund will help Myraah build a Web 3 platform enabling anyone to create their Web 3 digital…
Ethereum, the primary blockchain backing Ether, is declaring a grand update, aiming to decrease the enormous energy consumed in Ether mining by 99.95 percent. In addition, the company announced a move to Proof-of-Stake (PoS) mechanism away from the existing Proof-of-work (PoW). For the uninformed, Blockchain is a virtual circulated database that records every transaction, making…
In the last decade, we have experienced major growth in the crypto space around the world. According to the website CoinGecko, the valuation of cryptocurrencies surpassed $3 trillion as of November 9, 2021. Bitcoin – by far the biggest cryptocurrency grew more than a third of that, while the next biggest coin Ethereum, got up…