Blockchain & crypto news from India
Hollywood is looking for a new revenue stream in the non-fungible tokens (NFTs) market. With the novel Coronavirus upsetting several moviegoers from theaters and creating blockbuster ticket sales difficult to come by, some entrepreneurs are becoming more creative using blockchain technology. Welcome the latest science-fiction movie featuring Anthony Hopkins, which will be the first film…
The first crypto ATM in Honduras opened this week as bitcoin investors ask for prompt demand for digital assets after neighboring El Salvador became the first nation to accept bitcoin as legal tender. The machine, locally named “la bitcoinera” enables users to get Ethereum and Bitcoin using the local lempira currency. It was set up…
Athey Nallatha, a Kerala-based startup that sells fusion pickles to global as well as domestic clientele, becomes the first firm in the state which is ready to accept crypto for its payments. The startup claimed that it is also the 7th company in the country to enter into crypto-based transactions. The firm started its payment…
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…
Come September, crypto tokens like Ethereum, Bitcoin and others will be taking one of their biggest moves towards legitimacy. A new digital registry is being developed that will add distinctive identifiers to these digital tokens. DTIs (Digital token identifiers) are being launched to monitor the movement of cryptos according to the International Organization for Standardization…
In a heist that appears straight out of the movies, the Greater Manchester police have seized crypto assets valued at $22.5 million from a couple. The duo is suspected to be a part of an international crypto scam. Police have recovered the assets stored in a pen drive. Including Ethereum, the seized assets are calculated…
On Wednesday, Poly Network, the firm at the center of the hack said that hackers have returned a chunk of the digital loot from a record haul. The company specializing in transferring crypto posted a tweet mentioning it had received about $4.8 million worth of the stolen asset back, expecting more from the online theft…
Mudrex, an Indian crypto-asset management company intends to make crypto investments easier. In a seed round led by Nexus Venture Partners, it has raised $2.5 million (approx. Rs. 18.5 crores). Nexus has a number of investments in India including Unacademy, Zomato, OLX and many more. The firm had earlier raised $750,000 from Better Capital, Y…
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…
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…