Blockchain & crypto news from India
On March 29, the Bitcoin market witnessed the most significant quarterly expiration event of Bitcoin futures options in its history. Despite this, the Bitcoin price managed to hold steady above the $69,000 mark, which is impressive. This indicates that the market remains confident in the future of Bitcoin, despite the high level of activity and…
Ethereum’s big transition to a more energy-efficient framework that developers have been committing for years could be kicked down the road once again as they intend to postpone a so-called difficulty bomb that is designed to slowly boot miners off the blockchain. A special code that is always been a part of Ethereum, the difficulty…
On March 9, United Arab Emirates’s ruler and also vice president and prime minister Sheikh Mohammed bin Rashid Al Maktoum declared on his official Twitter account that the Emirates has adopted its first law to regulate crypto assets. The law would work towards establishing and developing Dubai and UAE’s place as important players in orienting…
Cryptography researchers from Stanford University are creating a new privacy-based layer-1 blockchain. As per a new press release, the Espresso System project aims to create a blockchain combining ‘proof-of-stake consensus and a [Zero-Knowledge]-Rollup process to achieve low fees and high throughput’. Espresso Systems has already generated $32 million in funding led by Greylock Partners and…
Cryptocurrencies have grown substantially over the last decade. This growth has buzzed up a lot of different questions. One of them is about the difference between crypto coins and tokens. So, in this article, we will differentiate between both of them. What are crypto coins and tokens? A crypto coin is the electronic version of…
Many celebrities including boxer Floyd Mayweather Jr, Kim Kardashian, ex NBA All-Star Paul Pierce are being charged over their roles in a so-called crypto scam. As per the class action compliant from the Central District of California, the firm EthereumMax including co-founders and others along with these celebs are being accused of making confusing statements…
Over the recent years, hacks targeting crypto-linked platforms have risen drastically. Lately, a cryptocurrency-gaming ecosystem named Vulcan Forged fell prey to a hack attack, losing around Rs. 1,062 crore ($140 million) worth of cryptocurrency assets. Reportedly, hackers got access to the keys of 96 wallets. This enabled them to steal 23.7% of the circulating supply…