Blockchain & crypto news from India
Updated: Nov 14, 2022 Until a few weeks ago, FTX was making waves with its sports sponsorships. The latest visuals came from the ongoing World Cup T20 cricket tournament in Australia. What has recently emerged from the debacle of FTX was, if we believe it to be true, a comical goof-up – a “poor internal…
The now-defunct Silk Road dark web marketplace was hacked in 2012, leading to the seizure of 50,676 Bitcoin in November 2021, according to the U.S. Department of Justice (DoJ). When it was uncovered last year, the bitcoin, which was acquired in 2012 and valued at $3.36 billion, was worth $1.04 billion. In addition, $661,900 in…
Japan has been among the first countries to legalize and adopt cryptocurrencies. In Web3, it is quickly learning the potential use cases in both public and private sectors. The latest development is that of telecom operator NTT Docomo planning to invest in the new technology to address social issues. For this the company has signed…
The crypto winter is slowly fading away, and at least one crypto whale has sprung into action. Blockchain.com, which offers wallet and exchange services, is reported to have transferred 74,105 Bitcoins worth over $1.5 billion. A crypto whale is an entity that holds over 10% of the total coins available. In terms of Bitcoins, anyone…
The nation will host the G-20 meeting the following year, therefore it will influence the agenda. How to regulate crypto assets, according to Indian Finance Minister Nirmala Sitharaman, should be a top concern on the global stage and will be a major topic of discussion at the summit that will kick off India’s one-year presidency…
The P2P payment app MoneyGram has begun accepting cryptocurrency for payment and trading in the US. The app will let users transfer bitcoin, Litecoin and Ethereum. The company had earlier been involved in a deal with Ripple that was subsequently quashed. MoneyGram’s announcement on Twitter: MoneyGram announces the launch of a new service enabling consumers…
Some Argentinian holders of bitcoin and cryptocurrencies may need to revise their tax returns to accurately reflect their financial status. The AFIP is the Argentinian tax authority, and reports suggest it has found discrepancies in some IT returns, based on information gained from local cryptocurrency exchanges. The number of such letters sent is said to…
The Merge on September 15 has been rather a damp squid, though not much was expected either. Staking is now the official way to run validator nodes and earn rewards. How much rewards can stakers expect to earn? What determines how much yield to expect? The following answers these and other questions. Some major Ethereum…
The cryptocurrency markets is showing signs of life, though some describe the current range-bound prices as making for a rather trading experience. For the first time since the Merge, the price of Ether went above $1600. The uptick could be the result of some positive news of abatement in rise in interest rates. Cointelegraph in…
Friedrich Hayek was a well-known economist of the Austrian School, and the author of several important works, including ‘Law, Language and Liberty’, a multi-volume edition that carries important ideas on the evolution of social institutions. The basic premise of his ideas is that laws, language, morals, and other such social phenomenon, are natural and spontaneous…