Blockchain & crypto news from India
Blockchain-based music streaming platform Audius collected $5 million in a prudent round of funding from some of the prominent names in the music world. Artist investors in Audius include Nas, Katy Perry, Jason Derulo, The Chainsmokers through their Mantis VC, Steve Aoki, Pusha T, Disclosure and Linkin Park’s Mike Shinoda. The platform that avows to…
A bug in the most famed software used to verify transactions on the Ethereum platform almost prompted a crisis for the most widely used crypto blockchain in the world. Almost half of the Ethereum network divided into a distinct chain after a flaw in the Geth or Go Ethereum, software affected users who hadn’t executed…
On Monday, PayPal Holdings Inc. said that it will enable customers in the UK (United Kingdom) to sell, purchase and hold bitcoin and other crypto starting this week. The move which represents the first international expansion of PayPal’s cryptos services outside of the US could further stimulate mainstream adoption of the new asset class. With…
Walmart is on the quest to hire a new senior director to develop new digital currency products possibly including crypto payments. The stance reflects a similar interest shown by Walmart’s known competitor Amazon, which intends to hire someone to head up crypto products. The new Walmart senior director position holder will act as the company’s…
The much-anticipated legislation to regulate virtual currency in India, the crypto bill is anticipated to be taken up by the Union Cabinet soon. During a conversation with the reporters, the finance minister Nirmala Sitharaman said that the cabinet note is ready on the crypto bill. She added that she is awaiting Cabinet to clear that….
CoinDCX is now India’s first crypto unicorn after the exchange raised $90 million from investors led by Facebook Inc. co-founder Eduardo Saverin’s B Capital Group. On Tuesday, in an interview, co-founder and CEO Sumit Gupta said that the latest funding round values at $1.1 billion. Other investors include existing partners Polychain Capital, Coinbase Ventures, Jump…
Crypto ads have returned on the advertising platform of Google following the largest network revised its policies in June, but it’s not exactly as open as previously. In March this year, the company had banned all advertising related to initial coin offerings (ICOs) and crypto firms. The policy imposed an overarching ban on almost every…
Based in China, a non-profit research institution focusing on blockchain technology, Wanxiang Blockchain Labs announced that it is going to hold the 7th Global Blockchain Summit from September 14-15 in Shanghai. The event will be telecasted on the Internet to attract blockchain enthusiasts around the world. Free registration for the online telecasting can be done…
MasterCard has launched a new Start Path global startup engagement program committed to assisting rapidly developing blockchain, digital assets and cryptocurrency firms. The declaration came as a continuation of digital assets work. 7 startups have already become a member of the program. They, along with MasterCard, look to accelerate and expand innovation around digital asset…
Amazon, the worldwide e-commerce firm’s current job posting suggested that Amazon is in a quest for a blockchain product and digital currency head for its payment team. A vacancy post by Amazon mentioned that its Payment Acceptance and Experience team is in search of an experienced product leader to create the company’s Digital Currency and…