Blockchain & crypto news from India
A leading decentralized trading platform, Uniswap, has reached a significant milestone by facilitating over $4 billion in cryptocurrency swaps through its user-friendly mobile application. While this trading volume may seem subtle compared to traditional centralized exchanges, it represents a noteworthy contribution to the ever-evolving realms of cryptocurrency and decentralized finance (DeFi). Despite these accomplishments, the…
Over the course of the last week, Solana, an innovative blockchain platform designed to offer rapid, secure, and cost-effective transactions for decentralized applications (dApps), has experienced a significant surge in activity. Notably, Solana’s transaction volume has been escalating at a rapid pace, positioning it to potentially overtake Ethereum in terms of transaction fees within the…
The Bitcoin halving is an event that occurs every four years, where the reward for mining new Bitcoin blocks is cut in half. This means that miners receive fewer Bitcoin for their efforts, and the total number of Bitcoin that can be mined is limited to 21 million. The halving is a crucial aspect of…
The U.S. Securities and Exchange Commission has invited public feedback on what counts as an ”exchange” in the light of DeFi crypto platforms performing similar trades as a stock exchange. The SEC considers decentralized platforms as similar to an exchange, and thus aims to extend its regulatory framework to DeFi services. There are several ways…
The year 2022 is turning out to be a good harvest for hackers in the crypto world. The spirits are down with Bitcoin staying below the $20K mark, and the Ethereum Merge failing to have an impact on adoption. Chainalysis has reported 125 hacks till date this year, and says this rate will make 2022…
The government is tracking crypto floating in the market based out of the nation subsequent to a warning that agencies responsible to monitor financial fraud are eyeing a firm called Hyper Fund. According to sources, a DEFI by Hyper Tech Group, Hyper Fund has come under the radar currently. The Group avows to have introduced…
Loved worldwide, Bitcoin was first introduced in January 2009. From there only cryptocurrency came into the picture and is slowly and steadily gaining popularity all over the world. Fast forward to 2021, crypto trading has become a rewarding investment alternative for individuals and also promotes the growth of the economy. But unfortunately, cryptocurrencies have failed…
On Wednesday, Poly Network, the firm at the center of the hack said that hackers have returned a chunk of the digital loot from a record haul. The company specializing in transferring crypto posted a tweet mentioning it had received about $4.8 million worth of the stolen asset back, expecting more from the online theft…
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…
On June 22, Visa and PayPal led a $300 million fundraising in Blockchain Capital, a crypto venture capital (VC) firm. Additionally, a few other investors and the 2 payments giants will participate in the firm’s strategic partnership program. The organization’s 5th funding round, called ‘Fund V’, was oversubscribed at its $300 million hard limits. According…