Blockchain & crypto news from India
The Terra blockchain started activity after being stopped for over nine hours amid an ongoing crisis. The blockchain ecosystem’s breakdown led its stablecoin UST to crash. This comes at a time when the crypto market crashed as the sell-off escalates. Stablecoins are cryptos whose price remains stable even if the cryptocurrency market sells off. The…
India is thinking of not likely going ahead with cryptocurrency, for doing transactions or making payments. However, one can invest in cryptocurrency and held them like assets, the same way how people do investments in gold, shares and bonds. As per the reports, Indian government authorities may still not put a complete ban on crypto….
Muhammad Luthfi, the Indonesian Minister for trade confirmed to the local media about reinforcing cryptos regulations instead of banning it like China. He said that Indonesia will concentrate on making the crypto market less prone to unlawful activities. The statement from the Indonesian minister comes posterior to the fabulous growth recorded by local exchanges in…
On August 4, crypto exchange Bitbns declared that Bitcoin SIP awards for the Indian medalists at the Tokyo 2020 Olympic. The Indian Olympic winners will be authorized to open crypto SIPs worth lakhs on the exchange. The SIP will begin from Rs. 2,00,000 for gold winners Rs. 1,00,000 for silver and Rs. 50,000 for bronze…