Blockchain & crypto news from India
Over the recent years, hacks targeting crypto-linked platforms have risen drastically. Lately, a cryptocurrency-gaming ecosystem named Vulcan Forged fell prey to a hack attack, losing around Rs. 1,062 crore ($140 million) worth of cryptocurrency assets. Reportedly, hackers got access to the keys of 96 wallets. This enabled them to steal 23.7% of the circulating supply…
Ethereum is planning to take progressive steps towards being fully inflationary after it noticed seven consecutive days of negative disbursement. The recent downside trend of Ethereum is because of the new London upgrade policy. As per the market, the online transition of Ethereum 2.0 will fully lead to deflationary steps and mindset to the exchange…
On October 6, US-based AMC Entertainment Holdings declared to accept online payments in Dogecoin for buying AMC theatre digital gift cards. Adam Aron, CEO addressed Dogecoin users on October 6 in a tweet mentioning the good news that will enable them to purchase digital gift cards with Dogecoins and other cryptos up to $200 daily…
The Ardor 2.1 restaurant has added a special item named ‘Digital Thaali’ to its menu to entice customers.
Muhammad Luthfi, the Indonesian Minister for trade confirmed to the local media about reinforcing cryptos regulations instead of banning it like China. He said that Indonesia will concentrate on making the crypto market less prone to unlawful activities. The statement from the Indonesian minister comes posterior to the fabulous growth recorded by local exchanges in…
Hollywood is looking for a new revenue stream in the non-fungible tokens (NFTs) market. With the novel Coronavirus upsetting several moviegoers from theaters and creating blockbuster ticket sales difficult to come by, some entrepreneurs are becoming more creative using blockchain technology. Welcome the latest science-fiction movie featuring Anthony Hopkins, which will be the first film…
The first crypto ATM in Honduras opened this week as bitcoin investors ask for prompt demand for digital assets after neighboring El Salvador became the first nation to accept bitcoin as legal tender. The machine, locally named “la bitcoinera” enables users to get Ethereum and Bitcoin using the local lempira currency. It was set up…
Athey Nallatha, a Kerala-based startup that sells fusion pickles to global as well as domestic clientele, becomes the first firm in the state which is ready to accept crypto for its payments. The startup claimed that it is also the 7th company in the country to enter into crypto-based transactions. The firm started its payment…
A bug in the most famed software used to verify transactions on the Ethereum platform almost prompted a crisis for the most widely used crypto blockchain in the world. Almost half of the Ethereum network divided into a distinct chain after a flaw in the Geth or Go Ethereum, software affected users who hadn’t executed…
Come September, crypto tokens like Ethereum, Bitcoin and others will be taking one of their biggest moves towards legitimacy. A new digital registry is being developed that will add distinctive identifiers to these digital tokens. DTIs (Digital token identifiers) are being launched to monitor the movement of cryptos according to the International Organization for Standardization…