Blockchain & crypto news from India
Members of Nigeria’s cryptocurrency community have expressed their strong support for Europe’s Markets in Crypto-Assets Regulation (MiCA) stablecoin rules, viewing it as a significant step forward. They emphasize the importance of jurisdictions safeguarding their interests in relation to cryptocurrency projects in order to protect their local currencies. Obinna Uzoije, a data and policy analyst from…
The crypto winter appears to be not going away soon in the new year. There is however some movement in the Bitcoin ATM industry. The concept of a Bitcoin ATM appears cool, and a way towards mass adoption in countries where it is legal. Such as El Salvador or The Bahamas. However, in top ranks…
Turkey’s central bank has reported carrying out the first payment transaction on their Digital Lira network, their CBDC in pilot phase. In the subsequent stages, the network looks forward to the participation of banks and fintech firms for closed-circuit testing. A press release from the organization said: “Against this backdrop, the CBRT will continue to…
Crypto exchange Huobi has release its 2022-23 market report, “Global Crypto Industry Overview and Trends”. Two major highlights of the report are Asia dominating in terms of crypto user base, and the popularity of NFT on search engines. Major highlights & stats of crypto industry in 2022 The total number of “crypto users” globally are…
In 2022, Kaspersky Solutions detected 40,788 new modifications of miners. According to Kaspersky Security Network data, in the African region, the number of home users affected by crypto miners in Q2 of 2022 decreased slightly compared to the previous quarter. However, the possibility of a surge in crypto mining attacks persists and could be directly…
Has the bear market dented the confidence of investors around the world in cryptocurrencies? Which countries are leading the pack in terms of cryptocurrencies deposited in exchanges and other investing platforms such as De-Fi? Chainalysis will be publishing a full report this October, and in a blog post has given a peek into the major…
An ecosystem is described as a “complex group of creatures whose habitat works as one entire ecological unit” in the Merriam-Webster dictionary. The Bitcoin ecosystem is a young but promising network of peer-to-peer and traditional Bitcoin exchange platforms, community educators, investors, core developers, entrepreneurs, and enthusiasts who are all working together to create an African…
As per a study, Nigeria showed more interest in cryptos than any other nation since the digital in April. Nigeria ranked 371 in the study that looked at Google Trends data for 6 searches like ‘invest in cryptocurrency’ or ‘buy cryptocurrency’ that were then mixed to give each English-speaking country a total search score. The…
The 750,000th #bitcoin block has been mined. As per Buy Bitcoin Worldwide, each day, about 144 blocks get mined, the rewards of which are distributed to miners and mining pools. As of today, around 91% of bitcoins have been mined. Total new bitcoins mined every day (as on August 21, 2022) – 900 Total bitcoins…
In Morrocco, the central bank Al-Maghrib, the Ministry of Finance, the Foreign Exchange Office, and the Financial Markets Regulator has recently prohibited using cryptocurrencies in the country. As per the joint release published on 5th March, the ban is imposed to protect citizens from legal issues & losses. As per the regulatory authorities, cryptocurrencies are…