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Blockmagic

Blockchain & crypto news from India

Blockmagic

Blockmagic

Blockchain & crypto news from India

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Category: Blockchain

NFT
Crypto scams

Stay away from crypto “Play-to-Earn” games, US Agency flags theft risk

  • Blockmagic
  • Posted on March 15, 2023

Play-to-Earn games attract people who want to make a quick buck, and the distressed Indian public has recently seen rapid bombardment of such online or game apps. Crypto business too is involved in such payout games. The FBI in the US has recently shared a note warning about the risk of theft while falling victim…

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ethereum
Ethereum blockchain

New Ethereum tool allows fund recovery without private keys

  • Blockmagic
  • Posted on March 9, 2023

The private keys are confidential stings of text to access a cryptocurrency wallet. Until now, losing private keys meant losing access to one’s Ethereum account and its funds. A new tool called “Account Abstraction” has been launched by Ethereum that will allow an owner to recover their ETH in the absence of private keys. Referred…

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NFT
Bitcoin blockchain

Bitcoin Ordinal NFTs take block heights above 3MB

  • Blockmagic
  • Posted on February 14, 2023

The blocks on bitcoin blockchain have consistently begun to breach the 3MB size. The first time this occurred was on February 1, 2023. Bitcoin.com reports that history was made this day when the mining pool Luxor became the first to mine block #774,628 with a size of 3.96MB, the largest so far. Bitcoin blocks are…

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ethereum
Ethereum blockchain

Ethereum steps closer to Shanghai upgrade with stake withdrawal feature

  • Blockmagic
  • Posted on January 25, 2023

After a damp affair with its switch to a POS based blockchain, Ethereum’s next big step as far as staking is concerned is the upcoming Shanghai upgrade, expected to happen sometime in March this year. As a preparatory move, the second most important crypto after bitcoin has moved closer to the aim with a shadow…

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Blockchain
Venture capital and funding

Blockchain and crypto industry: funding and sentiments

  • Blockmagic
  • Posted on January 13, 2023

The collapse of FTX has spoiled the crypto party has never before. Little scams and hackings were common, but a mainstream player admitting to wrongdoing and playing around with investor funds has shaken the faith and trust of the global community. Here is a look at the funding scenario in the year gone by and…

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cryptocurrencies
Blockchain advocacy

World Economic Forum calls for “responsible competition” in crypto

  • Blockmagic
  • Posted on January 4, 2023

In a post titled “This is what the future holds for cryptocurrencies”, the World Economic Forum has surveyed the dark past of crypto and indicated the course that can shape its future. The WEF is an international NGO and lobbying organization founded by engineer and economist Klaus Schwab in 1971, and based in Geneva, Switzerland….

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global crypto adoption rankings
South America

Asia largest crypto userbase share, NFT most searched term

  • Blockmagic
  • Posted on December 29, 2022

Crypto exchange Huobi has release its 2022-23 market report, “Global Crypto Industry Overview and Trends”. Two major highlights of the report are Asia dominating in terms of crypto user base, and the popularity of NFT on search engines. Major highlights & stats of crypto industry in 2022 The total number of “crypto users” globally are…

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digital-art-crypto-kitty
Solana blockchain

Post FTX jolt, Solana loses two top NFT projects to rival Ethereum and Polygon

  • Blockmagic
  • Posted on December 27, 2022

Hit hard by the FTX collapse, Solana’s woes continue as two of its top NFT collections have decided to move to rival chains. Solana has been the second choice after the natural Ethereum for NFT projects, but things are taking a turn. DeGods (created by y00ts founder) and Magic Eden will soon bridge their way…

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blockchain as a service
Environment

Telangana’s tuar dal of Tandur region used blockchain to get the GI tag

  • Blockmagic
  • Posted on December 16, 2022

The tur dal produced in the Tandur region of Telangana (Tandur Redgram) recently acquired the coveted GI or Geographical Indications tag of India. GI tags are a sign of authentic sourcing of the product from its famous region and an indication of quality. For example, the “gamcha” made in Assam got a GI tag, and…

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NFT
Blockchain digital art

Warner Music Group, Polygon and LGND to set up music platform

  • Blockmagic
  • Posted on December 8, 2022

Web3 music platforms are another upcoming service that will bring NFT, metaverse and blockchain into the global music scene. As a creative object or work of art, a song or album can be incorporated into an NFT and traded with royalty rights for the artist. Warner Music Group recently tied up with NFT marketplace Opensea…

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Crypto News

Stay away from crypto “Play-to-Earn” games, US Agency flags theft risk
Stay away from crypto “Play-to-Earn” games, US Agency flags theft risk
March 15, 2023
New Ethereum tool allows fund recovery without private keys
New Ethereum tool allows fund recovery without private keys
March 9, 2023
Brazil tests digital Real CBDC on public blockchain
Brazil tests digital Real CBDC on public blockchain
March 6, 2023

Coins & Tokens

Australia’s NAB Creates Stablecoin, Carries out Cross-Border Settlement
Australia’s NAB Creates Stablecoin, Carries out Cross-Border Settlement
March 21, 2023
Bitcoin prices “unresponsive” to macroeconomic news: NY Fed Study
Bitcoin prices “unresponsive” to macroeconomic news: NY Fed Study
February 11, 2023
Switzerland’s City of Lugano goes “full Bitcoin”
Switzerland’s City of Lugano goes “full Bitcoin”
January 7, 2023

Markets & Investment

Bitcoin Ordinal NFTs take block heights above 3MB
Bitcoin Ordinal NFTs take block heights above 3MB
February 14, 2023
Ethereum steps closer to Shanghai upgrade with stake withdrawal feature
Ethereum steps closer to Shanghai upgrade with stake withdrawal feature
January 25, 2023
Post FTX jolt, Solana loses two top NFT projects to rival Ethereum and Polygon
Post FTX jolt, Solana loses two top NFT projects to rival Ethereum and Polygon
December 27, 2022

Events

Blockchain Life 2023 to be held in February in Dubai
Blockchain Life 2023 to be held in February in Dubai
December 12, 2022

Crypto calculator







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