Blockchain & crypto news from India
On July 5th, the Bitcoin mining difficulty experienced a significant decrease of over 5%, hitting a quarterly low of 79.50 terahashes (79.5T). This reduction represents the most substantial drop since March, when the difficulty briefly dipped below the 80T mark. During the period between March and May, the difficulty showed a remarkable increase, reaching an…
If you are a crypto enthusiast or love to trade in crypto, then there’s a new botnet variant you need to be cautioned; about. Check Point Research, a cybersecurity company has reported a new botnet variant named Twizt. It is reported to have stolen crypto about half a million dollars via a technique called ‘crypto…
The government has come up with a new crypto bill to be introduced during the winter session in the parliament, namely the Cryptocurrency and Regulation of Official Digital Currency Bill. According to media speculation, the new bill will “forbid the use of all private cryptocurrency” but will provide some leverage on certain cryptocurrencies to promote…
On Thursday, the Delhi High Court asked for the reply of the State Bank of India and the Reserve Bank of India on a plea seeking to guide authorities to reverse the ban on the use of UPI platform in dealing and settling funds in the crypto exchange WazirX. A bench of Justice Jyoti Singh…
The much-anticipated legislation to regulate virtual currency in India, the crypto bill is anticipated to be taken up by the Union Cabinet soon. During a conversation with the reporters, the finance minister Nirmala Sitharaman said that the cabinet note is ready on the crypto bill. She added that she is awaiting Cabinet to clear that….
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…
For the unversed, May 22, i.e., today, is marked as the anniversary of the first Bitcoin transaction. According to the New York Times, a programmer, Laszlo Hanyecz bought two Papa John’s pizzas for 10,000 Bitcoins from another person in Florida on this day in 2010. The day has become folklore, not because of the deal,…