Blockchain & crypto news from India
The Ahmedabad-based blockchain services firm Minddeft has been acquired by Dev Information and Technology. Minddeft focuses on decentralized technologies and apps, and was set up in 2015 by co-founders Krunal Soni and Manoj Dhanak. The company has offices in the UK and USA as well. Dev Information and Technology recently came in media attention when…
An exploit on a cross-chain bridge that stole about $100 million in digital assets was discovered by BNB Chain, a blockchain connected to the Binance cryptocurrency exchange. This was reported by hackers news.com BSC Token Hub, a native cross-chain bridge connecting BNB Beacon Chain (BEP2) and BNB Smart Chain (BEP20 or BSC), was impacted by…
The European Union’s Markets in Crypto Assets Regulation (MiCA) could prove transformative, CoinDesk has been told, even if some in the industry query whether it will meet its goals of offering a single, clear rulebook for the 27-nation bloc. MiCA would require crypto companies to register with the authorities, to hold sufficient capital to steady…
Investigators in Ukraine have discovered a plan that uses a variety of financial schemes, some using cryptocurrency, to prey on citizens of the nation and the European Union. Members of the criminal organization contacted their victims using call centers in order to obtain personal financial data. Cryptocurrencies are legal in Ukraine. Fake Ukrainian Call Centers…
In Africa and other developing nations, cryptocurrency use has increased. That is in line with a policy brief that UNCTAD, a United Nations organization, recently published. The populations of South Africa (7.1%), Kenya (8.5%), and Nigeria (6.3%) use these digital currencies in significant numbers. Bitcoin became legal tender in the Central African Republic in June….
Iran has placed its first official order via crypto this week, a stance that can allow the Islamic Republic to avoid U.S. sanctions that have severely damaged its economy.
After the termination of the Blockchain and Crypto Assets Council (BACC) by the Internet and Mobile Association of India (IAMAI), blockchain firms and cryptocurrency exchanges are working to create an independent think tank on upcoming issues within the sector.
The South African Reserve Bank is ready to introduce regulations next year that will declare cryptos classed and treated as financial assets to balance investors’ innovation and protection.
Seracle, the blockchain-as-a-Service (BaaS) platform has declared the launch of Web 3.0 NFT (non-fungible token) infrastructure for cooperates and brands across sectors to aid them in developing their customized NFT marketplaces.
Messaging applications are often used for online communication. However, things have gradually advanced to the point where such applications include several integrations. The latest trend is the integration of online payments. TokLok, for example, is a decentralized, crypto-native messaging platform providing a safe and easy online communication service.