Blockchain & crypto news from India
The Open Network (TON) is a revolutionary platform designed to support blockchain and cryptocurrency activities within the Telegram messenger ecosystem. In an exciting development, the platform is receiving a significant boost through the establishment of the $20 million TON Ecosystem Fund. This fund is being launched in collaboration with Bitget, a prominent crypto exchange, and…
Usernames as NFTs are becoming popular with Twitter recognizing an NFT art work as authentic representation of an account. The avatars are also given an official tick. Telegram is the latest to give a boost to the trend, and has announced that it will be setting up an entire marketplace for buying and selling of…
After the encrypted messaging app Telegram earlier gave up on its token; it now fosters cryptocurrency payments. As per the Protocol, the addition can make cryptocurrency payments on messaging platforms more mainstream. The TON Foundation, which controls the toncoin token, has allowed fee-free payments, sending cryptocurrency to other users, and using toncoin (TON) in the…
Indian crypto investors now prefer peer-to-peer transfers, Telegram or WhatsApp groups and spot trading to trade currencies because of volatile banking services being offered by the banks to exchanges. Currently, SBI blocked receiving of funds by the crypto exchange on its UPI platform. Though most top-notch exchanges witnessed a rise in buying activity in the…