Blockchain & crypto news from India
CoinDCX is now India’s first crypto unicorn after the exchange raised $90 million from investors led by Facebook Inc. co-founder Eduardo Saverin’s B Capital Group. On Tuesday, in an interview, co-founder and CEO Sumit Gupta said that the latest funding round values at $1.1 billion. Other investors include existing partners Polychain Capital, Coinbase Ventures, Jump…
A game based on non-fungible tokens (NFTs), Axie Infinity clocked $1 billion in all-time sales – the highest ever for the platform supported by the Ethereum blockchain. It is much similar to a Pokemon game. Players have to gather ‘Axies’ which are nothing but cute characters each having a unique combination of body shape, parts…
According to Ethereum’s founder Vitalik Buterin, on Thursday, the most important change to the Ethereum blockchain since 2015 went into effect. It showed the network is balanced to undergo an even bigger advancement to decrease its energy usage by 99%. The most-favored blockchain worldwide advanced its software, popular as the London hard fork that includes…
On August 4, crypto exchange Bitbns declared that Bitcoin SIP awards for the Indian medalists at the Tokyo 2020 Olympic. The Indian Olympic winners will be authorized to open crypto SIPs worth lakhs on the exchange. The SIP will begin from Rs. 2,00,000 for gold winners Rs. 1,00,000 for silver and Rs. 50,000 for bronze…
Crypto ads have returned on the advertising platform of Google following the largest network revised its policies in June, but it’s not exactly as open as previously. In March this year, the company had banned all advertising related to initial coin offerings (ICOs) and crypto firms. The policy imposed an overarching ban on almost every…
Dubai along with the rest of the United Arab Emirates (UAE) is inching closer to inaugurating licensed crypto exchanges, an initiative that could enhance financial inclusion for the countless who constitute most of the territory’s workforce. Migrants may be able to send money home using online wallets with smaller or no fee at all and…
On August 2, Pankaj Chaudhary, Minister of State for Finance said that the government would decide on the proposals on the Inter-Ministerial Committee (IMC) on the legislative proposal and cryptos, if any, would be tabled in Parliament after the due process. In its reports, a high-level IMC had recommended that all private cryptos, except any…
Based in China, a non-profit research institution focusing on blockchain technology, Wanxiang Blockchain Labs announced that it is going to hold the 7th Global Blockchain Summit from September 14-15 in Shanghai. The event will be telecasted on the Internet to attract blockchain enthusiasts around the world. Free registration for the online telecasting can be done…
MasterCard has launched a new Start Path global startup engagement program committed to assisting rapidly developing blockchain, digital assets and cryptocurrency firms. The declaration came as a continuation of digital assets work. 7 startups have already become a member of the program. They, along with MasterCard, look to accelerate and expand innovation around digital asset…
In a reply to a query asked by former Bihar deputy CM and Rajya Sabha MP Sushil Kumar Modi, Nirmala Sitharaman, the Finance Minister, on July 27 informed the Rajya Sabha that the Indian Government isn’t gathering any information on the cryptocurrency market and has no clue about the count of active crypto exchange platform…