Blockchain & crypto news from India
Elon Musk’s favorite meme-cryptocurrency is now worth 10 cents and above. As per CoinDesk, in the last 24 hours, it has risen 70.22%, the highest ever recorded till now. The value of meme cryptocurrency Elon Musk won’t stop tweeting about is almost 12 cents or $0.122680. Started as a joke, the market cap of DogeCoin,…
Potential and existing crypto users have been speculating day and night about how far Bitcoin will go. In the current bull run, it is already soaring high at $60,000. The value of the coin has nearly grown 9 times from its $6,800 value last year. However, a study conducted on crypto suggests that the crypto…
Games, sports, and music are moving with trends coupled with technology, especially the crypto space. World Wrestling Entertainment, Inc., (WWE) is set to release its first-ever non-fungible tokens (NFTs), showcasing iconic moments of legendary Mark William Calaway, best known by his stage name: “The Undertaker”, along with never-before-sold memorabilia and experiences just in time for…
On March 13th, 2021, Bitcoin reached a record high of $61,711.87. Over the past year, the bitcoin surge has handsomely rewarded cryptocurrency owners. It has recently also minted 12 new crypto billionaires. Twelve cryptocurrency billionaires were added to the 35th Annual World’s Billionaires List by Forbes. The list is up from just four in the…
Reckoned as a WhatsApp rival, Signal has started testing a new peer-to-peer payments system in its beta version of the app. The fast-growing encrypted messaging app Signal informs that it wants payments on its app to be private, quick and also mobile-friendly. It further revealed that an add-on called MobileCoin is also being introduced to…
Another crypto city is set for building development, this time in the East African nation of Uganda. This city is named “Akon city”, after the popular Senegalese-American rapper and businessperson Akon, who is set to begin and oversee the affairs of development. According to a report by NBS Television, the government of Uganda has confirmed…
Yesterday, the cryptocurrency market capitalization surged to an all-time peak of $2 trillion. The crypto market cap was at $2.02 trillion by mid-afternoon. According to analysts as long as bitcoin stays beyond the $53,000 mark, a $1 trillion market cap will be maintained. The rise in the crypto market cap was followed by bitcoin. The…
Tech Mahindra has joined hands with Netherlands-based blockchain application incubator Quantoz to introduce a ‘stablecoin-as-a-service’ blockchain solution for financial institutions and global banks. This collaboration will bring in military-grade security, enable less transaction processing cost and drive faster settlements. Tech Mahindra will aid customers coordinate with Quantoz’ NEXUS platform into their legacy infrastructure. This will…
Non-fungible tokens (NFTs) have been a matter well discussed, viewed, and analyzed in the crypto space. Vitalik Buterin believes that NFTs if channeled to a relevant and social cause such as charities and funding public goods, will transform its usability, but viewing it as a “casino that largely benefits already-wealthy celebrities” won’t make a social…
Non-fungible token (NFT) marketplace OpenSea plans to add Ethereum Layer 2 protocol in a bid to remove costly gas fees. OpenSea is one of the largest NFT marketplaces in the world and with the recent hype and high demand in tokenized art and music to digital wearables; it has been gaining more popularity and extreme…