Blockchain & crypto news from India
The inflows into digital asset investment products have set a remarkable new record, exceeding $17.8 billion year-to-date (YTD). This surge in investment suggests the potential beginning of a recovery in the cryptocurrency market. Notably, the recent record-breaking figure follows a substantial influx of $1.44 billion into cryptocurrency investment products in the last week. Based on…
The Loper Bright vs. Raimondo decision by the United States Supreme Court has the potential to have a far-reaching impact on the cryptocurrency industry. At its core, this decision could lead to a shift in the power dynamics between the judicial and executive branches of the US government. In a 6–3 decision, US courts are…
Cryptocurrency wallets are digital tools that allow users to store, manage, and transact with cryptocurrencies such as Bitcoin, Ethereum, and others. There is a wide range of cryptocurrency wallets that a user can choose from to use in India. The following that are listed here are the 5 most popular cryptocurrency wallets that are available…
On July 5th, the Bitcoin mining difficulty experienced a significant decrease of over 5%, hitting a quarterly low of 79.50 terahashes (79.5T). This reduction represents the most substantial drop since March, when the difficulty briefly dipped below the 80T mark. During the period between March and May, the difficulty showed a remarkable increase, reaching an…
The Financial Services and Regulatory Committee (AFSA) of Kazakhstan has given its approval for the trading of Toncoin (TON) on regulated exchanges. This decision comes after an audit that confirmed the digital asset’s compliance with the financial regulator’s listing criteria. Toncoin has been added to the list of 107 cryptocurrencies approved by the government of…
Members of Nigeria’s cryptocurrency community have expressed their strong support for Europe’s Markets in Crypto-Assets Regulation (MiCA) stablecoin rules, viewing it as a significant step forward. They emphasize the importance of jurisdictions safeguarding their interests in relation to cryptocurrency projects in order to protect their local currencies. Obinna Uzoije, a data and policy analyst from…
The Open Network (TON) represents a highly intricate and advanced blockchain and cryptocurrency ecosystem that operates in close connection with the widely used messaging platform, Telegram. The TON ecosystem is poised to undergo a significant transformation with the forthcoming launch of a new fund. This fund is receiving strong backing from the Bitget cryptocurrency exchange,…
The Open Network (TON) is a revolutionary platform designed to support blockchain and cryptocurrency activities within the Telegram messenger ecosystem. In an exciting development, the platform is receiving a significant boost through the establishment of the $20 million TON Ecosystem Fund. This fund is being launched in collaboration with Bitget, a prominent crypto exchange, and…
In the midst of the current market downturn, a major memecoin investor, known as a “whale,” has reaped substantial profits by offloading their MAGA (TRUMP) tokens. The whale, operating under the wallet address “0x52C0,” disposed of over 171,000 TRUMP tokens for 414 Ether, equivalent to a value of $1.44 million within the last 24 hours….
Tether, a prominent cryptocurrency company, is set to introduce a groundbreaking digital currency called Alloy (aUSDT). Unlike traditional cryptocurrencies, Alloy will be backed by physical gold, ensuring its stability, and pegged to the value of the US dollar. This innovative stablecoin will be minted on the Alloy by Tether platform, marking a significant advancement in…