Blockchain & crypto news from India
Blockmagic: Please share with us your early struggles and what inspired you to start this business. Akshay: Sure, so me and my partner Hafez Rahman were working in a different organization. We also had prior work experience, and in the core time of corona, a lot of people started losing jobs. I and Hafez have…
Daler Mehndi has bought a piece of land in the metaverse and he’s named ‘Balle Balle Land’. According to reports, this is India’s first land acquisition in the metaverse. Mehndi revealed the land on Holi this year and it will house a store selling non-fungible tokens (NFTs). The land also owns a gold idol of…
Weddings are indeed special occasions. A Tamil couple made it even more special by holding a ‘blockchain wedding’. Belonging from Pune, Shruti Nair and Anil Narasipuram have just conducted their wedding via blockchain. The duo decided to conduct their wedding reception digitally in the metaverse. In a Twitter thread, the couple said they had a…
The stereotypical decentralized nature of crypto in contrast to the well-regulated stock exchange is a huge incentive for investors: they can operate free of regulatory rules that is the hallmark of stock exchanges. But how do crypto exchanges work? Here are some of the main features of crypto exchanges. A crypto exchange is simply a…
Loved worldwide, Bitcoin was first introduced in January 2009. From there only cryptocurrency came into the picture and is slowly and steadily gaining popularity all over the world. Fast forward to 2021, crypto trading has become a rewarding investment alternative for individuals and also promotes the growth of the economy. But unfortunately, cryptocurrencies have failed…
Uncertainties around cryptocurrencies in India won’t be fading away anytime soon. Known as the Crypto Bill, the Cryptocurrency and Regulation of Official Digital Currency Bill, 2021, was not listed among the 23 bills in the tentative list of government legislative and financial business to be tabled during the Monsoon Session in the Lok Sabha of…
There is hype around the world regarding cryptocurrency. The virtual currency is enjoying a love-hate relationship with some nations. Having said that, there are many crypto-friendly countries where virtual currency has been a center of attraction. It’s been used as a mode of payment, long-term investment option and trading. Besides this, crypto coins like Ethereum…
For the unversed, May 22, i.e., today, is marked as the anniversary of the first Bitcoin transaction. According to the New York Times, a programmer, Laszlo Hanyecz bought two Papa John’s pizzas for 10,000 Bitcoins from another person in Florida on this day in 2010. The day has become folklore, not because of the deal,…
A new crypto aptly named STOPELON has been created as a means of stopping Elon Musk from influencing the volatile crypto markets with his Twitter account. Yet another one is Elonmute. Their aim: “to destroy the biggest market manipulator of them all”. The crypto community is at war against Elon Musk with a new project…
Citing long-brewing environmental concerns Elon Musk announced that Tesla Inc. will not be accepting bitcoin for the car purchase. Btc’s power-hunger has provoked a passionate debate about the energy consumption of cryptocurrencies. While efforts are being made to reduce the carbon footprint of digital currency, some investors are getting inclined towards greener alternatives. In fact,…