Blockchain & crypto news from India
MetaMask, a crypto wallet firm, has introduced a staking service that enables users to combine their funds and stake their assets in enterprise-grade validators operated by Consensys, a blockchain software company. This service allows MetaMask wallet users to stake their Ether without having to meet Ethereum’s high minimum requirement of 32 ETH, which is currently…
It is possible that the approval of another altcoin exchange-traded fund (ETF) in the United States may be influenced by political changes after the upcoming 2024 U.S. presidential election. Despite the U.S. Securities and Exchange Commission (SEC) granting permission to fund managers to list spot Ether ETFs on May 23, SEC Chair Gary Gensler recently…
The Spanish data protection authority has made a public announcement that Worldcoin has entered into a legal agreement to halt its operations in Spain until the conclusion of the current year. The Spanish Agency for Data Protection (AEPD) announced on June 4th that Tools for Humanity Corporation, the company responsible for the Worldcoin human identity…
On October 27, TokenFi, a multichain token, was introduced as the newest addition to the Floki ecosystem, garnering significant attention within the cryptocurrency community. This unique token is now open for trading on Uniswap and PancakeSwap, prominent decentralized exchanges, providing a seamless entry point for investors. Notably, TokenFi’s presence spans across both the Ethereum and…
The emergence of digital gold as a prominent alternative investment has the potential to profoundly transform the financial industry. Gold has a rich historical significance as a globally recognized currency and a traditional hedge against inflation. Its appeal as an investment in commodities has been enduring, often surpassing other asset classes like equities or foreign exchange, especially within…
Amidst the turmoil caused by the coronavirus crisis, gold refiners have been working tirelessly to address severe supply shortages resulting from market disruptions. Notably, there has been a noticeable uptick in interest surrounding digital tokens backed by gold. As Q1 of 2020 drew to a close, the gold market experienced an unprecedented “historic squeeze.” This surge in demand for…
Since the beginning of April, the cryptocurrency market has seen a surge in new token creation, with over one million new tokens coming into existence. Ethereum alone has welcomed over 370,000 new tokens, while Solana has seen the launch of more than 640,000 new tokens, predominantly memecoins. During this period, the Ethereum network has introduced 372,642…
A leading decentralized trading platform, Uniswap, has reached a significant milestone by facilitating over $4 billion in cryptocurrency swaps through its user-friendly mobile application. While this trading volume may seem subtle compared to traditional centralized exchanges, it represents a noteworthy contribution to the ever-evolving realms of cryptocurrency and decentralized finance (DeFi). Despite these accomplishments, the…
Over the course of the last week, Solana, an innovative blockchain platform designed to offer rapid, secure, and cost-effective transactions for decentralized applications (dApps), has experienced a significant surge in activity. Notably, Solana’s transaction volume has been escalating at a rapid pace, positioning it to potentially overtake Ethereum in terms of transaction fees within the…
Chainlink has recently announced that its Cross-Chain Interoperability Protocol (CCIP) is now generally available to the public. The protocol is designed to foster more cross-chain connectivity by allowing developers to use CCIP for cross-chain token transfers and arbitrary smart contract messaging across different blockchain networks. This means that developers can now easily transfer tokens between…