Blockchain & crypto news from India
“1.7 million people call Celsius their home for crypto”, says the homepage of Celsius Network. It is certainly the case that, just as crypto investors were dreaming of ‘moon’ and ‘lambo’, so were the crypto CEOs whom they trusted to “manage” their money. The latest in the FTX saga is that the US Justice Department…
Telangana is taking regular steps to prepare the state for Web3 blockchain services, the new integration of the internet and world wide web with blockchain technologies, where users will own their identities and data. The state officials have recently launched a sandbox, an experimental, live platform to test and explore Web3 products and solutions in…
The year 2022 has been a roller-coaster ride for crypto investors and holders in India. The beginning of the new financial year in April brought into place two slabs of taxation that have reportedly brought down trading transactions. Binance’s CZ recently described the overall crypto environment as not a “very crypto-friendly environment” at a conference…
The chess tournament FTX Crypto Cup 2022 recently concluded with Magnus Carlsen as the winner. FTX – a trading platform for futures and derivatives, is among the three big sponsors from the crypto world which are actively advertising in global sporting events, the other two being Crypto.com and the exchange, Coinbase. Coinbase, eToro, Crypto.com, Tezos…
The approaching merge of Ethereum’s mainnet with the currently running in parallel Beacon chain will bring into focus the biggest question – who controls how much of the staking amounts, and thereby, the rewards to be won by adding new blocks. Twitter user Messari shared a graphic that shows the current staking percentage, and it…
With the downturn in market prices of cryptocurrencies, how are businesses looking at using cryptocurrencies today? The usage of fiat currency for the exchange of goods and services may soon be a thing of the past because of how quickly blockchain technology is spreading around the world. The decentralized digital currency known as a cryptocurrency…
Big tech firms have been betting big on evolving technologies, with Meta (formerly Facebook) declaring that it has initiated rolling out non-fungible tokens (NFTs) across 100 nations, including some in the Middle East, Africa, and the Americas.
The largest bank in Russia, Sberbank has launched what it said is the nation’s first exchange traded fund (ETF) to offer exposure to firms involved in the blockchain industry. In a statement, the bank said that called the Sberbank Blockchain Economy ETF, the fund from Sber Asset Management trades on the Russian stock market under…
Investing invariably in crypto became simple. Coinbase, in September, announced that its users will shortly be able to set up direct deposit with any percentage of their paychecks and can select for the money to be deposited as U.S. dollars or any of the more than 100 cryptos available at the exchange, with no fees….
As per the study, 14% of the population in the U.S. owns crypto as of now.