Blockchain & crypto news from India
If you are also a crypto lover, you must know how the market’s ups and downs are affected by one tweet or an interview with Elon Musk. His favourable behaviour for cryptocurrencies always motivates investors to trade more. The prices of different cryptocurrencies are hikes at breakneck speed whenever Musk tweets. He is well known…
Very few today understand what NFTs or how they work, but this free market for digital art and collectibles has gobsmacked big celebrities and organizations in the world, including the famed auction houses. The humble, struggling artist on the streets of Kolkata or Mumbai, on the other hand, can now dream of making hundreds or…
Famous investor Mark Cuban has bought the Indian startup Polygon, a solution built on Ethereum layer 2. Describing himself as a user of Polygon, Cuban did not disclose the amount of the deal. Polygon’s token MATIC has been rising exponentially since the start of the year. Polygon is popular for low gas fees. Among the…
Open-source software attracts everyone, even commercial organizations, and especially the education sector as it is free and can be customized. If such as software or app was also democratic, meaning in the hands of the users rather than central management, and allowed peer-to-peer interactions, then its value increases multi-fold. All of these features are found…
China is putting its back behind the blockchain world by building an exclusive, country-wide network. Called the Blockchain-based Service Network (BSN), this venture was launched in October 2019, and today has nodes running in 200 Chinese cities. Developing on the blockchain can be a costly affair. A report says it could take around $14,000 a…
Medium (not to be confused with the blogging platform) has come out with a free enterprise-grade blockchain offering, where global businesses can build their apps without worrying about the cost. Medium is hoping to stimulate more and more users of blockchain in the market by making it the service free. The MDL blockchain offers a…
The continuation of the bull run with Ethereum, XRP, EOS and BCH is likely to make the average investor wonder what’s happening and how long the present trends will continue. The Covid pandemic, the uncertainty it has brought and the unexpected rise of crypto valuations has created a unique scenario, where established mainstream players are…
The NFT revolution has created a new marketplace for digital art to be bought and sold. The history of NFT is just a year or two old. CryptoPunks: The 24px x 24px wonders At first sight, these look like those little junk images one found in system folders like relativized_files. Yet, these are algorithmically created…
First off, why would anyone pay in a currency that promises to double its value in the very next month, or crash to less than half its value? The ‘Forbes’ articles on cryptocurrency carry a regular disclaimer of high risk for all investors and even warn of people losing all of their investment. Yet, the…
For those wondering, ‘Why is ether or ETH rising?’, here are some clues. Called by someone as the ‘oil of crypto’, Ethereum today crossed the $3400 mark. Only sometime back it was valued ten times less. The recent rise has left many people puzzled. There is obviously more demand for ETH, whose London fork will…