Blockchain & crypto news from India
In a reply to a query asked by former Bihar deputy CM and Rajya Sabha MP Sushil Kumar Modi, Nirmala Sitharaman, the Finance Minister, on July 27 informed the Rajya Sabha that the Indian Government isn’t gathering any information on the cryptocurrency market and has no clue about the count of active crypto exchange platform…
There is hype around the world regarding cryptocurrency. The virtual currency is enjoying a love-hate relationship with some nations. Having said that, there are many crypto-friendly countries where virtual currency has been a center of attraction. It’s been used as a mode of payment, long-term investment option and trading. Besides this, crypto coins like Ethereum…
Bitcoin is getting more privacy features as scrutiny increases over the use of crypto during a current series of ransomware attacks. This past weekend the most important update in 4 years to the computer software that supports the world’s largest digital token was accepted with a small fanfare. In previous years, fights among the groups…
According to a job advertisement posted for Blockchain Head of Product, Amazon is looking for staff with experience in decentralized finance (DeFi). The advertisement also mentions experience in Decentralized Finance is a plus along with a basic knowledge of Hyperledger Fabric and Ethereum. The ad further stated that the candidate will have a track record…
A deep-tech digital asset management company Nexus Inc. executes and develops Internet of Things-centered solutions for institutions and online platforms globally. The company is delighted to announce the launch of the world’s first Ethereum blockchain network onboard the International Space Station. Its only aim is to provide customers with ultra-secure crypto transactions against worldly hackers….
One of the world’s popular anti-virus software makers is including crypto mining in its products in a surprise move. Soon selected Norton 360 customers who are part of the firm’s early adopter program will be allowed to access the program and start Ethereum mining using their computers. The company further clarifies that they don’t know…
On Wednesday, cryptocurrency markets witnessed a downturn, with major currencies crashing rapidly, wiping off as much as $1 trillion from their valuations, which had hit a record high of more than $2 trillion recently. Many analysts seem to believe that the crypto bubble, which grew without reason or rhyme or unsustainably for some time now,…
On Wednesday, Tesla Inc.’s CEO Elon Musk announced that the company won’t accept Bitcoin for the car purchase. In addition to jokes and memes galore, the value of Bitcoin plunged as much as 15% to just above $46,000 the moment the tweet was posted. This was done due to environmental concerns. As soon as the…
Citing long-brewing environmental concerns Elon Musk announced that Tesla Inc. will not be accepting bitcoin for the car purchase. Btc’s power-hunger has provoked a passionate debate about the energy consumption of cryptocurrencies. While efforts are being made to reduce the carbon footprint of digital currency, some investors are getting inclined towards greener alternatives. In fact,…
A long-time proponent of cryptocurrencies, Tesla’s Elon Musk has sounded a note of caution for investors to profit from the prices of Ethereum, Bitcoin, Dogecoin and others. Musk expressed that while he believes that cryptocurrency could be the future currency, nonetheless, people should not invest their life savings into crypto. Tesla’s CEO warned that first…