Blockchain & crypto news from India
Twitter is about to pay its creators in crypto. The American social networking and microblogging service company has collaborated with a financial infrastructure platform Stripe and marketplaces, to launch a pilot payout for creators. Stripe, in a statement, said that now it can instantly pay funds to its freelancers, sellers, content creators, and service providers…
Crypto exchange platform CoinDCX has closed an oversubscribed round of Rs. 1,000 crore Series D funding from both new and existing investors. This further highlights that investors’ sentiments are highly bullish on the crypto sector, despite tight government scrutiny and other factors. Pantera and Steadview led this round. In addition, prominent investors like Kingsway, DraperDragon,…
WonderFi Technologies, a crypto platform, plans to acquire Canadian crypto trading platform Coinberry for $30.6 million as the Kevin O’Leary-backed company continues to consolidate its presence in Canada. The Vancouver-based WonderFi recently made its $162 million acquisition of BitBuy, a crypto trading platform in Canada with over 400,000 users. Coinberry currently services around 220,000 registered…
Twitter founder Jack Dorsey’s first-ever tweet to be sold as an NFT (nonfungible token) was put up for sale by the buyer for a whopping $48 million – and drew an astoundingly measly maximum offer of less than $280 by the deadline this week. The the seller reached out to wanna-be Twitter owner Elon Musk,…
Mozilla, a non-profit organization of the web browser Firefox, announced on April 7 that it is resuming cryptocurrency donations, but only for cryptocurrencies based on the Proof of stake (PoS) consensus mechanism. Mozilla has been accepting cryptocurrency donations since 2014. However, it stopped acknowledging crypto donations citing the tremendous carbon footprint arising from mining cryptocurrencies…
If all goes well, it is expected that Ethereum 2.0 will be implemented in 3 stages over at least 3 years. The levels include several technical intricacies, however, the following are the basics: Stage 1 – Start an easier proof-of-stake blockchain operating in parallel with the current system utilizing the Beacon chain. This is to…
Andy Jassy, CEO of Amazon, believes in the power of digital cryptocurrencies. However, the company is not likely to begin acknowledging cryptocurrencies on its retail platform anytime soon. Amazon’s CEO said he doesn’t have Bitcoin himself in his first letter to shareholders. He further added that shortly, there is no probability of adding crypto as…
Prominent cryptocurrency exchanges WazirX and CoinSwitch Kuber have blocked rupee deposits for the buying of crypto using a widely-used state-fostered transfer system, provoking users to voice concern on social media. India has spent years on a law to regulate or ban cryptos, with its central bank supporting a ban over their threat to financial stability,…
AlmaBetter, an upskilling platform, has partnered with blockchain company Polygon to make offer learning programs in blockchain and Web3 development. In addition, these courses will not demand any prior technical experience from the learners. AlmaBetter will put Polygon in its official curriculum and as a hiring partner. Polygon has curated and designed programs for young and…
The invention of the internet took the world beyond the imagination. It has given people the opportunity to acquire knowledge, connect, and even make money. It has empowered talented individuals with unique opportunities to showcase their skills. In addition, the recent boom and buzz over Web 3.0 have been another opportunity for many to establish…