Blockchain & crypto news from India
As per a report from The Economic Times, Binance, a leading cryptocurrency exchange, is poised to re-enter the Indian market after a four-month hiatus. The exchange had been banned from offering its services in the country due to non-compliance with local laws. However, Binance is now set to return to India by paying a $2-million…
The Ahmedabad-based blockchain services firm Minddeft has been acquired by Dev Information and Technology. Minddeft focuses on decentralized technologies and apps, and was set up in 2015 by co-founders Krunal Soni and Manoj Dhanak. The company has offices in the UK and USA as well. Dev Information and Technology recently came in media attention when…
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…
Blockmagic: Please share with us your early struggles and what inspired you to start this business. Akshay: Sure, so me and my partner Hafez Rahman were working in a different organization. We also had prior work experience, and in the core time of corona, a lot of people started losing jobs. I and Hafez have…
The Maharashtra government has been using blockchain technology to issue and allow verification of reports with negative results for Covid-19. The Department of Disaster Management and Recovery has tied up with a private start-up, Print2Block to arrange for all negative reports to be managed over blockchain. Print2Block is an award-winning Chennai based startup, whose digital…
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…