Blockchain & crypto news from India
The co-founder of Terraform Labs – Do Kwon, whose crypto ecosystem crumpled in a $40 billion wipeout in May, described to the Wall Street Journal that he yielded almost all his net worth in the crash.
The amount of electricity consumed by the largest crypto networks has plummeted by up to 50% as the ‘crypto winter’ resumes eating at the incomes of ‘miners’ and financial infirmity spreads more throughout the industry.
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)…
Cryptocurrencies have grown substantially over the last decade. This growth has buzzed up a lot of different questions. One of them is about the difference between crypto coins and tokens. So, in this article, we will differentiate between both of them. What are crypto coins and tokens? A crypto coin is the electronic version of…
If you are also a crypto lover, you must know how the market’s ups and downs are affected by one tweet or an interview with Elon Musk. His favourable behaviour for cryptocurrencies always motivates investors to trade more. The prices of different cryptocurrencies are hikes at breakneck speed whenever Musk tweets. He is well known…
Twitter CEO pushes for open, decentralized exchange for BTC High volatility has been a major concern for traders and investors in the crypto space. Despite the fluctuation in prices, especially Bitcoin(BTC) price; the need to adopt cryptocurrency hasn’t reduced with institutions pooling up funds in order not to be left behind in the space and…
The awareness of cryptocurrencies has not soared like this since its inception. Despite the great number of adoptions and integration by corporations, the decline in digital assets in recent weeks has caused some investors, traders and newcomers to hold negative views about the crypto space. A few basics first. bitcoin and other digital assets are…
Open-source software attracts everyone, even commercial organizations, and especially the education sector as it is free and can be customized. If such as software or app was also democratic, meaning in the hands of the users rather than central management, and allowed peer-to-peer interactions, then its value increases multi-fold. All of these features are found…
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…