Blockchain & crypto news from India
Decripto.org has reported an algorithmic sports trading platform using bitcoin that describes itself as a football speculative investment fund. It is jointly established by the UAE consortium and City Football—two fictitious organizations and is the result of a web search for UEFA Football Crypto Fund. UEFA Football Crypto was established as an alternative method of…
The Financial Stability Board (FSB), a worldwide financial organization affiliated with the G20, has released a paper calling for the cryptocurrency market to be regulated at the global level. According to the FSB, the cryptocurrency market is developing quickly to the point where more targeted control is required. A list of inquiries has been released…
Created as a currency without any centralized control or regulation in the aftermath of the 2008 downturn, Bitcoin has entered the Guinness Book of World Records. The entry in the renowned repository of world records and firsts, the entry for Bitcoin is title ‘First decentralized cryptocurrency’. The creator is credited as Satoshi Nakamoto, location is…
When the Federal Open Market Committee (FOMC) announces an increase in interest rates, the stock and the crypto market respond accordingly by taking a bearish decline. Investors and financial observers watch out for the FOMC meeting because it may affect their position in the financial market. This article explains what the FOMC does and how…
Blockchain needs to address local and user-centric problems, and that’s the theme of this year’s Web3athon: A Hyperlocal, People-First Crypto Hackathon, organized by CoinDesk and CRADL. The finale of the 2-stage event that was launched during Consensus is scheduled for next week, with participants coming from 17 different time zones. A total of $500K in…
From musicians and athletes to movie stars, the success of Bitcoin has turned heads around across all industries and professions. Recently, Kim Kardashian, famous for being famous, came into legal trouble for dropping a sly ad last year on her Instagram, asking, ‘Are you guys into crypto?’. The billionaire entertainer is reported to have paid…
The year 2022 is turning out to be a good harvest for hackers in the crypto world. The spirits are down with Bitcoin staying below the $20K mark, and the Ethereum Merge failing to have an impact on adoption. Chainalysis has reported 125 hacks till date this year, and says this rate will make 2022…
Patrick Hansen, a Circle Policy Advisor, has tweeted information about a European Union Commission tender to create “embedded supervision” of decentralized finance (DeFi) on the Ethereum network. The estimated tender amount is €250,000 ($242,600), and the study’s completion time is 15 months. The EU wants to collect information about Ethereum DeFi Details of the study…
Malaysia is building its national blockchain – the Malaysian Blockchain Infrastructure – in association with MIMOS Technology Solutions, and Zetrix, a base layer blockchain developed by MYEG. The MoU for the proposed infrastructure was signed on October 6, 2022. MBI will be used for brining Web3 solutions and services from private as well as government…
The Qatar World Cup this year begins the first ever NFT football collection from FIFA. Called FIFA+ Collect for digital collectibles, this collection will comprise famous soccer goals, moments, players and more themes. The tournament is scheduled for November 20 – December 18, 2022 with a total of 64 matches to be played across eight…