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Bitcoin

The lure of Bitcoin, inflation and price volatility

What lies behind the attraction of bitcoin for some part of the population, while the larger masses don’t understand anything about cryptocurrencies? Behind the fog of long hash addresses and obscure terms like cryptography lies the simple idea of a “bit coin” that is cheap, and which also makes economic sense. Inflation figures are usually…

India gets Rs 4.5 crore from Ethereum co-founder for Covid relief

Vitalik Buterin, the co-founder of Ethereum, recently posted a link that confirms the transaction to Sandeep Nailwal, an Indian entrepreneur who initiated the campaign. The link is the proof of the transfer of 100 MKR and 100 ETH, which is approx. equal to Rs. 4.5 crore ($606,110). The amount is to be used for COVID-19…