Blockchain & crypto news from India
Changpeng Zhao, called CZ, the founder and CEO of Binance, gave a speech at the Binance Blockchain Week Paris 2022. In his speech, CZ praised the “excellent” MiCA (Market in Crypto Assets) planned crypto regulations for Europe. The restrictions were a touch too stringent, according to the founder of the biggest cryptocurrency exchange in the…
The second-largest crypto token in the world, ether, is based on the Ethereum blockchain. Ethereum is about to undergo a software upgrade that will drastically reduce the amount of energy it consumes. The “merge” software upgrade occurs as debate over the environmental effects of crypto mining in the United States heats up. Green organizations claim…
There is an ongoing race to build national digital currencies, and a recent IMF report states that around 100 countries are in various stages of developing their CBDCs or central bank digital currencies. India too has officially announced its CBDC plans in the recent budget in 2022, and the Indian CBDC is expected to be…
This page will be continually updated with news and views as the Merge happens and the world passes into the new era of Ethereum 2.0 Merge reset – the new India Time for Merge – around 12 noon, Wednesday September 15. Google’s Merge countdown clock is tracking the time left for Ethereum nodes to…
Volatility is not a new phenomenon to crypto investors. While it may signal fear in some investors, wise investors position early and “sell the news”. This week will be an eventful week for crypto investors and we may likely experience high volatility in price action. These two events will be the likely cause of volatility:…
In the case of cryptocurrencies, abuse increases with use, according to Europol, which also noted that blockchain technology give law enforcement a new way to combat crime. The law enforcement organization in Europe claims it can assist in the investigation of money laundering networks. Following a recent meeting with cryptocurrency experts, financial investigators, regulators, and…
Freelancers are to be found everywhere today. There is hardly an industry where a freelance service is not available in the “gig economy”. Always eager to open up new revenue streams, and thus learning and growing every day, this global tribe is now adopting the latest technological marvels of NFTs, blockchain and machine learning. Though…
The open-source, non-crypto based Spartan blockchain network of China has recently onboarded several banks from Hong Kong. A press release shared with the media and reports from CoinDesk reveal that more than 10 banks have been onboarded, including HSBC, Maxim and Emperor Group. The Spartan blockchain does not employ cryptocurrencies. This is considered to be…
While the developing world grapples with how to treat cryptocurrencies and their businesses, Japan is eager to adopt them into mainstream economy and make things easier. The country is looking into reducing the tax burden on crypto ventures that list new coins, as well as crypto investors who currently pay a high capital gains tax….
The Bellatrix Upgrade is reported to be scheduled for today, September 6, 2022. According to a Cointelegraph report, 74% of Ethereum nodes – servers that validate and find new blocks – are ready for the merge. “The era of a more sustainable, eco-friendly Ethereum” is how the Ethereum organization describes the upcoming great event when…