Category: cryptocurrency

Visa Launches Cryptocurrency Advisory Service for Financial Institutions, Merchants

Visa, the world’s largest payment processor, on Wednesday launched a global crypto advisory service for clients such as banks and also merchants, as the adoption of digital currencies gains steam. The move by Visa comes against the backdrop of unprecedented investor demand for cryptocurrency services and the company’s latest offering is geared towards financial institutions […]

Minor Fluctuations Keep Crypto Market Calm, Bitcoin and Ether Register Minimal Losses

Entering into the middle of December’s second week, Bitcoin opened Wednesday with a minor loss of 0.90 percent. The world’s most-valued cryptocurrency is currently trading at $53, 619 (roughly Rs. 40 lakh) as per Indian exchange CoinSwitch Kuber. On international exchanges such as CoinMarketCap and Binance, the world’s oldest cryptocurrency is being traded for around […]

Sophia Humanoid Robot to Transform Into iNFT for Noah’s Ark Metaverse Project

Sophia, the popular humanoid robot, is now set to enter the metaverse as an “intelligent non-fungible token (iNFT)”. The human-like bot will be part of the metaverse project called the “Noah’s Ark”. The tokenised version of Sophia will be released on Binance for auction on December 16. Along with Sophia, 99 more iNFTs will be […]

Cryptocurrency in India: Proposed Bill Banning Crypto Payments Could Mean Jail for Violations, Document Shows

Proposed legislation that would ban the use of cryptocurrencies as a method of payment in India also seeks to make those who infringe the law subject to arrest without a warrant and being held without bail, according to a source and a summary of the bill seen by Reuters. Prime Minister Narendra Modi’s government has […]

Crypto Users in Australia Up By Over 10 Percent, Bitcoin Most Popular: Report

The number of crypto investors in Australia has risen to 28.8 percent this year – registering a ten percent increase in the 18.4 percent that was recorded last year, according to a recently released report. This report is called the 2021 Independent Reserve’s Cryptocurrency Index (IRCI). The results of this study also reveal that Bitcoin is […]

Ethereum Co-Founder Vitalik Buterin Outlines Roadmap for ETH 2.0 in ‘Endgame’ Post

Vitalik Buterin, the co-founder of Ethereum, has set an outline for what he believes to be the roadmap for ETH 2.0, the much-anticipated upgrade to the Ethereum network that promises a “more scalable, more secure, and more sustainable Ethereum”. Buterin’s new blog post, titled “Endgame”, talks about how the world’s largest smart contract platform can […]

Crypto Investment Firm Stacked Bags $35 Million in Funding Round Led by Alameda Research, Mirana Ventures

In a fresh funding round, crypto investment platform Stacked has raised $35 million (roughly Rs. 263 crore). The investment round was led by quantitative cryptocurrency trading firm Alameda Research and crypto-start-up investment firm, Mirana Ventures. Other companies that participated in this funding round include the venture capital arm of Fidelity International, DRW Venture Capital, Alumni […]

Shiba Inu Community, Huobi Exchange to Help Hacked Bitmart Trace Stolen Cryptos Worth $200 Million

Crypto exchange Bitmart lost $196 million (roughly Rs. 1,479 crore) stored in various cryptocurrencies. The Shiba Inu community has joined forces with Huobi Global exchange in order to help Bitmart trace and recover the stolen funds. The crypto tokens that were stolen, were directed to the wallet of the unidentified hacker(s) hiding under the pseudo […]

Pegasus Scandal: Israel Issues Stricter Guidelines for Use of Its Cyber Tech Exports

Israel said on Monday that countries interested in buying its cyber technologies would have to commit to using them to prevent only a limited list of terrorist acts and serious crimes. The move announced by Israel’s Defence Ministry was the latest step in enhancing its oversight following concern over possible abuses abroad of a hacking […]

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