Blockchain & crypto news from India
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…
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…
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…
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,…
China is putting its back behind the blockchain world by building an exclusive, country-wide network. Called the Blockchain-based Service Network (BSN), this venture was launched in October 2019, and today has nodes running in 200 Chinese cities. Developing on the blockchain can be a costly affair. A report says it could take around $14,000 a…
Medium (not to be confused with the blogging platform) has come out with a free enterprise-grade blockchain offering, where global businesses can build their apps without worrying about the cost. Medium is hoping to stimulate more and more users of blockchain in the market by making it the service free. The MDL blockchain offers a…