Mudrex Opens BTC ETF Investments for Indians with Minimum Commitment of $5,000
Members of India’s crypto community can now invest in spot Bitcoin ETFs (exchange-traded funds) through Mudrex. The Indian crypto investment platform announced the roll-out of this service on its app on Monday, March 11. Both, retail as well as institutional…
FBI Issues Warning on Surge in Crypto Investment Scams, Reports 53 Percent Increase Over the Past Year
US’ Federal Bureau of Investigation (FBI) recorded a significant rise in crypto investment scams in 2023. In its recently released ‘Internet Crime Report 2023′, the FBI claimed that crypto investment scams rose by 53 percent last year. In investment scams,…
Binance CEO Richard Teng Summoned in Nigeria Over Money Laundering Suspicions: Report
Binance’s new CEO, Richard Teng, joined the company in November 2023 after its founder and former CEO Changpeng Zhao pleaded guilty in the US for violating money laundering laws. As the waters were seeming to settle around Binance’s internal turmoil,…
CBDC Not Widely Recognised in Japan Despite Ongoing Trials, R&D Efforts: Details
The CBDC concept in Japan, has not quite spread out to the residents there, new findings have shown. Less than 20 percent of Japan’s population is familiar with the term CBDC, claimed Kazuo Ueda, the governor of the Bank of…
Bitcoin, Ether Recover Pricewise After Brief Pullback, Shiba Inu and Chainlink See Minor Dips
Bitcoin, that underwent a small price correction period recently, has returned to the profit-side of the crypto chart. On Thursday, March 7 Bitcoin minted a small gain of 0.12 percent that took its trading value to $65,002 (roughly Rs. 53.8…
India Moves Forward in Blockchain, AI Research as NPCI and IISc Join Forces
India, despite its sceptic stance towards cryptocurrencies, is all in favour of conducting research and development around blockchain – the underlaying technology that powers cryptocurrencies. In a fresh development, the National Payments Corporation of India (NPCI) has joined forces with…
Bitcoin Shows Gradual Ascend Above $66,000, Ether Undergoes Price Correction
The crypto price charts, on Friday, March 8, reflected profits for a bunch of cryptocurrencies. Bitcoin on Friday recorded a gain of 2.03 percent that took its price point to $66,394 (roughly Rs. 54.9 lakh). This is a gradual escalation…
Spain Bans Worldcoin Project Over Sensitive Data Collection Concerns: Details
The short-lived rally of the Worldcoin popularity came to a halt in several nations in recent months. Worldcoin’s user data collection via eye scans has raised concerns among several governments around the world. This week, Spain became the latest nation…
Binance Extends Early Women’s Day Wishes, Launches Perfume Fragrance Named ‘Crypto’
Every year since 1975, March 8 is observed as International Women’s Day as per the UN’s declaration. Binance, touted as the world’s largest exchange, decided to appeal to potential women investors, entrepreneurs, and developers through a new kind of product…
ED Files Charges Against Chinese-Origin Directors, Others in Crypto Mining App Case
A charge-sheet has been filed under the anti-money laundering law against 299 entities, including 10 persons of Chinese origin, in an investigation linked to alleged duping of investors in the name of mining cryptocurrencies such as Bitcoins, the Enforcement Directorate…
Coachella Re-Tries Bringing Benefits-Loaded NFTs Despite Terrifying First Try, Partners With OpenSea
Coachella, touted among world’s most famous annual music festivals held in the US, is trying a second stab at launching NFTs with VIP benefits for holders. To do so, the music and arts festival conglomerate has teamed up with OpenSea,…
Bitcoin Touches Record High Before Dipping Again, Crypto Chart Shows Nail-Biting Changes
Bitcoin, the most expensive asset on the crypto chart, has been recording regular pumps these recent days. On Wednesday, March 6 Bitcoin registered a loss of 6.20 percent to trade at $63,705 (roughly Rs. 52.8 lakh). In the last 24…
BRICS Nations Plan to Create Payment Network Backed by Digital Currencies in Quest of De-Dollarisation: Report
Brazil, Russia, India, China and South Africa – the five nations that constitute the BRICS group – are trying to reduce their dependency on the US dollar. To bring this wave of de-dollarisation into effect, the BRICS group is planning…
Bitcoin Trades Over $65,000 for First Time Since 2021, Volatility Causes Losses for Most Altcoins
The last 24 hours, Bitcoin has come closest to it last attained all-time high of around $69,000 (roughly Rs. 57.2 lakh), which it touched in 2021. On Tuesday, despite registering a loss of 1.81 percent, Bitcoin’s price reached a high…
India’s Diverse Bazaars to Democratise with Metaverse, Says BWA Chief; Hails Reliance and Nykaa
The metaverse technology seems to have a bright future in India, use cases of which are being foreseen in plenty by experts from the industry. In a recent conversation with Gadgets360, Dilip Chenoy, the chairperson of Bharat Web3 Association highlighted…
Crypto Price Today: Bitcoin Maintains Value Above $63,000 Over the Weekend, Loss Strikes SOL, USDT
Bitcoin, in these last two weeks, has shown an unprecedented rally in its price owing to massive inflows in BTC ETFs. Stepping into the first week of March, the rally of Bitcoin seems to be affecting all other cryptocurrencies. Bitcoin…
US Judge Approves Binance’s $4.3 Billion Guilty Plea
A US judge on Friday accepted Binance’s guilty plea and more than $4.3 billion (roughly Rs. 35,635 crore) penalty for violating federal anti-money laundering and sanctions laws through lapses in internal controls at the world’s largest cryptocurrency exchange. US District Judge…
Crypto Price Today: Bitcoin Pumps Over $55,700 for First Time Since 2021, Most Altcoins Reap Benefits
The rise in spot Bitcoin ETF activities have propelled the oldest and most expensive cryptocurrency to its highest price point since 2021. On Tuesday, February 27, Bitcoin’s value stood at around $55,753 (roughly Rs. 46.2 lakh) after the asset logged…
CoinDCX Seeks Advice to Grow India’s Web3 Sector, Experts Call for Early Test Beds and Education
The crypto scene in India is getting more sophisticated with the government gradually deploying regulations to oversee the industry’s safety. In a bid to get a better understanding of what the Indian crypto community really wishes for, CoinDCX crypto exchange…
Shiba Inu Team to Pin Another Security Layer to Improve Network Privacy: Details
The developers maintaining the Shiba Inu ecosystem are deploying a new layer of security to improve the network’s privacy settings. The Shiba Inu team is developing this security protocol in partnership with Zama, a cryptography company that confirmed the development…
Nokia Foresees Boom in Network Demand Fuelled by Metaverse, Web3, AI Penetration
Finnish telecom major Nokia estimates that by 2030, the demand in Internet network will explode with advanced tech like Web3, Metaverse, and Artificial Intelligence taking centre stage. Nokia, moving forward, is planning strategies to make its equipment and services capable…
Telegram Channel Owners to Get Share of Ad Revenue, Rewards to Be Dispersed as TON Tokens
The leadership at Telegram has decided to share advertisement-based revenue with channel owners on its platform. These rewards will be allocated in the form of Toncoin – the native cryptocurrency of the TON blockchain. So essentially, when advertisements displayed on…
Sam Bankman-Fried Urges Lenient Sentence, Citing FTX Fund Recovery
Sam Bankman-Fried’s lawyer urged a judge on Tuesday to impose a lenient sentence for the FTX founder’s conviction for stealing $8 billion (roughly Rs. 6,63,30 crore) from customers of the now-bankrupt cryptocurrency exchange, arguing clients would get most of their…
Bitcoin Price Crosses $61,000, Ether Shows Gradual Rally: Details
Bitcoin is pumping, folks! The asset, for the first time since November 2021, has crossed the mark of $61,000 (roughly Rs. 51 lakh). On Thursday, February 29, Bitcoin recorded a profit of 8.32 percent that took its price to $61,746…
Bitcoin NFTs Cross $100 Million in Monthly Trading Volume on Magic Eden: Report
The NFT sector is seemingly making a mark in the Web3 arena again after it underwent a bit of a downturn last year. The Bitcoin NFTs on the Magic Eden marketplace have reportedly managed to reel in $100 million (roughly…
Bitcoin Continues Rally and Touches $57,000 Mark, Crypto Market Cap Crosses $2 Trillion
Bitcoin is undergoing a period of rally with its pricing going higher by the day. The asset on Wednesday, February 28 recorded a gain of 2.20 percent. At the time of writing, Bitcoin was trading at the price point of…
Crypto Policies, AI Remain Key Topics of Focus for G20’s 2024 Agenda Under Brazil: FSB
Brazil took the reins of the G20 presidency from India in December 2023 and will continue to preside over the organisation until November this year. Crypto-related policy formulation, asset tokenisation, and responsible handling of Artificial Intelligence (AI) will continue to…
Satoshi Nakamoto Climbing Up ‘World’s Richest’ Ladder as Bitcoin Explodes in Value
Bitcoin, the oldest and most expensive cryptocurrency, is exploding in value now that its next scheduled halving is scheduled for April. As of Tuesday, February 27, Bitcoin is trading at its two-year high price point of $55,753 (roughly Rs. 46.2…
Metaverse in Healthcare Market Size Estimated to Reach Nearly $500 Billion by 2033: Report
Metaverse, the virtual universe created by Facebook parent Meta, is yet to take off but the technology is seemingly carving a niche in sensitive sectors like education and healthcare. The global metaverse healthcare market is projected to reach a valuation…
Crypto Price Today: Bitcoin Survives Weekend Volatility Trading Above $51,000, Ether Touches $3,000 in Pricing
The overall crypto price chart on Monday, February 26 reflected instability in the market. Bitcoin recorded a loss of 0.25 percent on Monday, with which its trading value currently stands at $51,490 (roughly Rs. 42.6 lakh). It is notable, that…
Crypto Price Today: Bitcoin Slips Down from $52,000 Mark, Ether Recedes After Briefly Touching $3,000-Mark
Bitcoin on Wednesday, February 21 recorded a small profit of 0.31 percent. Presently, the value of Bitcoin stands at $51,977 (roughly Rs. 43 lakh). As per market experts, the resistance for Bitcoin currently stands at $53,000 (roughly Rs. 43.9 lakh)…
Crypto Firm, Industry Group Sue US SEC for ‘Overreach’ on Digital Assets
A Texas cryptocurrency company and an industry group sued the U.S. Securities and Exchange Commission on Wednesday, saying the regulator has overstepped its authority and asking a judge to rule that digital assets traded on exchanges are not securities. Fort…
Reddit, Jack Dorsey’s Block Reveal Crypto Investment Details as Tech Firms Begin Experimenting With Web3
2023 brought the crypto sector face to face with regulatory and macro-economic challenges – that kept the price points of majority cryptocurrencies relatively low. Despite the volatility that the sector witnessed last year, several corporate firms did not lose hope…
Crypto Price Today: Bitcoin, Ether Log Losses Alongside Most Altcoins, Only Few Cryptos See Gains
Bitcoin on Friday, February 23 reflected a loss of 1.13 percent to trade at the price point of $51,017 (roughly Rs. 42.2 lakh). This is the second consecutive day this week, that Bitcoin has logged a loss. It is, however,…
eBay Could Be Considering Exiting NFT Sector, Reportedly Trims Web3 Team
eBay, the US-based ecommerce giant, is reportedly planning to bow out of the NFT space. As per reports, the platform has trimmed its Web3 team by 30 percent this week. While not a lot is known about eBay’s reported decision,…
Bitcoin, Ether Join Most Altcoins in Clocking Losses, Tether and USD Coin Manage to See Gains
The overall crypto price chart mostly reflected losses on Thursday, February 22. Bitcoin, that has been on a profit spree in the recent days, recorded a loss of 1.24 percent on Thursday. At the time of writing, the value of…
Mastercard, Swoo Pay Initiate Work to Offer Crypto-Based Loyalty Rewards: Details
While nations around the world are taking a slow and calculated approach towards engaging with crypto, fintech giants like Mastercard and Visa are already incorporating pro-crypto steps as part of their operations. In a fresh development, Mastercard has initiated work…
Mumbaikars Will Soon be Able to Check City Development Status Through Metaverse
In the otherwise crypto-sceptic India, some Web3 sectors are making government-authorised inroads into people’s day-to-day lives. Metaverse, for instance, is one such Web3 technology. In a recent development, Devendra Fadnavis, the deputy chief minister of Maharashtra unveiled the ‘Mumbai Metropolis…
UK Government Plans to Bring New Rules for Stablecoins, Crypto Staking in Next Six Months
The UK government plans to get new rules governing stablecoins and staking services for cryptoassets approved by lawmakers within the next six months as pressure ratchets up to deliver on specific proposals ahead of an impending general election. Economic Secretary…
Worldcoin Surges, Wallet App Strikes a Million Daily User Mark: Details
Worldcoin, the ambitious Web3 project co-founded by Sam Altman, is seeing better days after some downtime it experienced last year. In the last seven days, the value of the project’s native token WLD reportedly spiked by 140 percent. At the…
Derivatives, Futures Trading a Tax Effective Solution to Drive Crypto Engagement in India: Pi42 Co-Founders
Reeling under strict tax policies, India witnessed a rather stunted growth in the crypto sector. Industry leaders in India believe that futures trading in crypto can be a great solution to help potential investors still trade in crypto without having…
Crypto Price Today: Bitcoin Sees a Minor Dip, Losses Strike Most Altcoins as Market Turns Volatile
Bitcoin on Tuesday, November 14 stepped into the trading arena with a minor loss of 1.25 percent. This dip, however, did not have a big effect on the price point that Bitcoin has been sitting at for a while now….
Musk-Inspired Memecoin ‘Grok’ Sees Quick Rise and Fall Amid Scam Suspicions: Details
Elon Musk’s new project called ‘Grok’, that is essentially an AI chatbot service with a more humorous and uncensored approach as compared to other chatbots, has begun rolling out. As excitement about Grok bubbled up on social media, a memecoin…
Disney, Dapper Labs Team Up to Launch Digital Collectibles App, but Avoid the Term ‘NFT’
Disney has teamed up with Web3 gaming studio Dapper Labs to launch an app for fans to gather digital collectibles. The ‘Disney Pinnacle’ app is aimed at letting Disney fans digitise pin collections. Small and portable, Disney pins come in…
Crypto Price Today: Bitcoin, Ether, Most Altcoins See Price Dips After Days of Seeing Profits
Bitcoin on Wednesday, November 15 reflected a loss of 2.95 percent on the crypto price chart. At the time of writing, Bitcoin was trading at $35,417 (roughly Rs. 29.4 lakh). This is the second day in a row that Bitcoin…
Creator of Mutant Ape Yacht Club NFT Knock-Offs Pleads Guilty of Rug Pull, Theft
Adding to a list of Web3 criminals, French national Aurelien Michel has admitted to having rug-pulled innocent members of the NFT community while also having stolen $3 million (roughly Rs. 24 crore) from a scam NFT project. Michel is the…
Bharat Web3 Association Signs MoU with Maharashtra State Skills University to Grow Ecosystem
As India braces itself to get its crypto laws hopefully in December, several states in the country are taking brisk steps to establish themselves as lucrative locations for Web3 entrants to set their shops. Recently, India’s crypto-focussed group of industry…
Bitcoin Rebounds to Trade Over $37,000, Most Loss-Ridden Altcoins See Recoveries
Bitcoin on Thursday, November 16, saw profits again after reeling under losses for the past two days. With a gain of 5.96 percent, the value of Bitcoin presently stands at $37,473 (roughly Rs. 31 lakh). In the last 24 hours,…
Bitcoin Surges Beyond $52,000 for First Time Since 2021, Overall Crypto Chart Reflect Profits
Bitcoin on Thursday rose by 4.86 percent. The asset, for the first time in over two years, is trading at $52,044 (roughly Rs. 43.2 lakh). The capital inflows into Bitcoin ETFs as well as the approaching Bitcoin halving event are…
Solana Refutes CertiK’s Claims of Security Vulnerabilities Affecting Saga Phones: Report
Solana Labs has strongly refuted claims made by blockchain research firm CertiK around Saga smartphones being riddled with security flaws. Solana Labs owns the Saga smartphone brand, which is laden with pro-crypto features like in-built digital wallet. In a recent…
Ethereum’s Upcoming Dencun Upgrade Set to Make Layer-2 Blockchains More Secure: All You Need to Know
The Ethereum blockchain’s total locked value stands at an estimated $40 billion (roughly Rs. 3,32,144 crore). Recognised as the most commercial blockchain in the world, the developers managing Ethereum keep on their toes to ensure that the usability and security…
Koinex Collaborates with CoinDCX to Help Users Recover Locked Assets From Defunct Exchange
Koinex, an Indian crypto exchange that permanently halted all services related to the trading of digital assets amid regulatory unclarity, has partnered with another exchange to access their assets. Users whose assets were deposited with the now-defunct Koinex exchange can…
Bitcoin Hits $50,000 Mark for First Time in Two Years, Tether and USD Coin See Losses
Bitcoin on Tuesday, February 13, recorded a profit of 3.76 percent. At present, the world’s oldest, most expensive crypto asset is trading at $49,917 (roughly Rs. 41.4 akh), after crossing the $50,000 mark. This is the first time since November…
eRupee Recorded Rs. 5.7 Crore in Transactions in First Four Months of Retail Trials, Says RBI: Report
eRupee, the Indian central bank digital currency (CBDC), was reportedly used to process transactions worth Rs. 5.70 crore in the first four months since it entered the retail trials phase. The information was disclosed by the Reserve Bank of India…
Bitcoin Price Rises Above $48,000 Mark, Values of Several Cryptocurrencies Drop
Bitcoin on Monday reflected a small gain of 0.74 percent and the price of the world’s most popular cryptocurrency was $48,101 (roughly Rs. 39.9 lakh) at the time of publishing. Over the weekend, the value of the digital asset rose…
CoinDCX Highlights Risk of Fraudulent Websites, Shares Safety Tips to Avoid Crypto Scams
The crypto industry has been a prime target for cyber criminals as the sector continues to grow in popularity. Several scams and hacks have prompted people to keep their distance. In order to spread awareness about safe engagement with crypto,…
DeFi Gets Second Wind as Deposits Climb After Launch of Spot Bitcoin ETFs
Decentralized finance – DeFi – is getting a second wind. The amount of money deposited in this breed of crypto projects has leapt in recent months, swept up by a rally in Bitcoin driven by the launch of spot Bitcoin…
India Gets New Crypto-INR Futures Exchange Named ‘Pi42’ from WazirX, ZebPay Leaders
The Indian crypto industry, on Wednesday, February 7, got a new crypto-INR Futures Exchange called ‘Pi42′. Zebpay CEO Avinash Shekhar and WazirX founder Nischal Shetty have founded this exchange in order to let Indians engage with crypto without having to…
Crypto Price Today: Bitcoin Breaches $46,000 Mark, Most Cryptocurrencies Mint Profits
Bitcoin minted a profit of 4.18 percent on Friday, February 9. After frequent price reductions these recent weeks, Bitcoin has finally managed to breach the mark of $46,000 (roughly Rs. 38.1 lakh). At the time of writing, the asset is…
Crypto Ransom Attack Payments Hit Record $1 Billion in 2023: Chainalysis
Payments from crypto-related ransom attacks nearly doubled to a record $1 billion (roughly Rs. 8,304 crore) in 2023, blockchain analytics firm Chainalysis said on Wednesday. Scammers targeting institutions such as hospitals, schools and government offices for ransom pocketed $1.1 billion (roughly…
Exploring Integration of Neurological AI with Technologies Like Web3, QX Lab AI Co-Founder Says
QX Lab AI is attempting to take on offerings like Gemini and ChatGPT from tech giants like Google and OpenAI by integrating new functionality into its own AI service. Created by three Indian founders, this AI startup recently unveiled its…
India’s eRupee CBDC to Get Offline Payments Feature, Programmability Tweaks: RBI Governor
The Reserve Bank of India (RBI) is looking to adopt offline strategies to ensure that the eRupee CBDC enters the financial system of rural and remote parts of India. RBI governor Shaktikanta Das reportedly stated that the central bank plans…
Crypto Price Today: Bitcoin Inches Closer to $45,000 Mark, Several Cryptocurrencies Recover
Bitcoin on Thursday, February 8, recorded a profit of 3.66 percent. With this, the value of the cryptocurrency has escalated to $44,505 (roughly Rs. 36.9 lakh). In the last 24 hours, the value of BTC has risen by $1,693 (roughly…
Next Bitcoin Halving Scheduled for April 2024, Here’s Why It’s Important
Bitcoin, the first cryptocurrency ever invented, is the most expensive crypto asset that’s currently reigning over the sector since its inception in 2009. At the time of its creation, its anonymous creator known by the pseudo name Satoshi Nakamoto had…
Crypto Market Today: Ether Performs Better Than Bitcoin, Altcoins Reflect Prevailing Market Volatility
Bitcoin on Wednesday, February 7 recorded a small loss of 0.09 percent. With this, its trading value, at the time of writing, stood at $42,812 (roughly Rs. 35.5 lakh). In the last 24 hours, the most expensive crypto asset rose…
Two NFT Artists Ordered to Pay $9 Million to Yuga Labs for Infringing BAYC Designs, Turmoil to Continue
Two NFT artists, Ryder Ripps and Jeremy Cahen, have been ordered by a US court to shell out $9 million (roughly Rs. 74 crore) from their pockets and pay the sum to Yuga Labs, the creator of Bored Apes Yacht…
Bitcoin Trades at Over $42,800, Altcoins Show Mixed Movement Amid Market Instability
Bitcoin on Tuesday, February 6 recorded a miniscule profit of 0.82 percent. The world’s oldest, most expensive cryptocurrency, at present, is trading at the price point of $42,802 (roughly Rs. 35.5 lakh). In the last 24 hours, the value of…
Apple’s Vision Pro Headset to Get First Metaverse App with ‘Ultra Realistic Graphics’
By the second quarter of this year, Apple’s Vision Pro headset is likely to get its first metaverse app. Victoria VR, a firm that works on projects related to web3 and virtual reality is developing this app for the Vision…
Crypto Price Today: Bitcoin Holds Ground Above $42,000, Small Losses Strike Most Altcoins
Bitcoin on Monday, February 5 reflected a loss of 1.26 percent on Gadgets360’s crypto price tracker. At the time of writing, the value of Bitcoin stands at $42,458 (roughly Rs. 35.2 lakh). Over the weekend, Bitcoin price rose by $438…
Crypto Price Today: Losses Strike Bitcoin, Ether as Most Cryptocurrencies See Price Corrections
Bitcoin saw a loss of 2.87 percent on Friday, November 17. With this, the value of Bitcoin slipped to $36,341 (roughly Rs. 30.2 lakh). The value of Bitcoin, in the last 24 hours, dipped by $1,132 (roughly Rs. 94,243) in…
Cryptocurrency Ponzi Scam Unearthed in Odisha, Head of ‘Yes World Crypto Token’ Arrested
The Economic Offences Wing (EOW) of Odisha has arrested the Country Head of “Yes World Crypto Token,” namely Sandeep Choudhary (40) from Jaipur. Choudhary is a native of Rajasthan’s Jhunjhunu. The case was registered on October 16 under sections 420,…
Crypto Price Today:Bitcoin, Ether See Gains, Most Altcoins Follow to Trade in Profits
Bitcoin on Monday, November 20 reflected a small profit of 1.60 percent. At the time of writing, the value of Bitcoin stood at $37,241 (roughly Rs. 30.9 lakh). Over the weekend, the price point of Bitcoin has risen notably by…
Crypto Price Today: Bitcoin Marks Its 15th Anniversary Trading Above $45,000, Still Fails to Uplift Most Altcoins
Bitcoin on Wednesday, January 3, 2024, stepped into the trading arena with a fresh rally in its price. Reflecting a gain of over one percent, Bitcoin was trading at the price point of $45,201 (roughly Rs. 27.6 lakh). In the…
Crypto Price Today: Bitcoin Re-Touches $42,000 Mark After Brief Slump, Most Altcoins Reflect Volatility
Bitcoin on Monday, January 29, stepped into the trading rink at the price point of $42,175 (roughly Rs. 35 lakh). After a dull week, the asset has reclaimed its pricing above the mark of $42,000 (roughly Rs. 34.9 lakh) despite…
US SEC to Approve Ethereum ETF in May, Standard Chartered Predicts
The US Securities and Exchange Commission is likely to allow exchange-traded funds to hold the cryptocurrency Ethereum in May, Standard Chartered predicts. May 23 is the last date by which the agency must consider ETF applications from VanEck and Ark…
India’s Crypto Industry Misses Mention in FM’s Budget 2024 Speech, No Change in Taxes
Indian crypto and Web3 industry, for days, had been adding posts after posts on social networking platforms urging the government to ‘#ReduceCryptoTax’. Despite the outcry, India Finance Minister Nirmala Sitharaman did not even mention the crypto sector in the interim…
Crypto Price Today: Bitcoin, Ether See Losses as US Decides to Maintain Unchanged Interest Rates
The crypto price chart mostly reflected losses on Thursday, February 1. Bitcoin saw a loss of 2.28 percent, pushing its price below its recently re-claimed price point of $42,400 (roughly Rs. 35 lakh). At the time of writing, BTC was…
NYC bar Association Seeks Crypto-Friendly Policy Reforms to Beat Talent Exodus
The Bar Association of New York City has noticed that certain policy reforms are required to maintain the city’s position as a lucrative hub for crypto and Web3 activities. At present, even though the US has not deployed concrete rules…
Visa Finetunes its Crypto Payment Service, Onboards Web3 Firm Transak: Details
US-based payments major Visa has been lauded by the crypto sector one too many times for keeping a friendly approach despite regulatory lags. Visa has now joined hands with Web3 payments infrastructure provider Transak. The aim is to allow Visa…
Binance Co-Founder Advises Caution to Crypto Investors, Notifies on Rising Listing Scams
Binance Co-Foudner Yi He has disclosed that unidentified notorious elements are reaching out to existing or potential crypto investors, offering them scam token listings for money using her name. These types of scams are classified as ‘token listing’ scams. Through…
Crypto Price Today: Bitcoin Crosses $43,000, Most Altcoins Including Solana, Avalanche, Dogecoin See Gains
Bitcoin on Tuesday, January 30 jumped to the price point of $43,495 (roughly Rs. 36 lakh). Over the last 24 hours, the asset grew by 2.73 percent, which in-terms of value stands at $1,320 (roughly Rs. 1.09 lakh). This is…
Meta Requests India’s TRAI to Address Metaverse, AI-Related Setbacks: Report
Meta has reportedly reached out to India’s telecom regulator seeking assistance in addressing metaverse and AI-related issues. In a detailed written letter to the Telecom Regulatory Authority of India (TRAI), the US-based tech giant has asked for the creation of…
#ReduceCryptoTax: India’s Web3 Community Demands Relief, Offers Ideas Ahead of Budget 2024
Ahead of the upcoming budget announcement for 2024, the Indian web3 community has come together in unison to demand relief over tax rules concerning crypto. For the last two years, the Indian government has paid no heed to the sentiment…
Crypto Price Today: Bitcoin, Ether Tumble in Pricing, Underdog Cryptocurrencies Iota, Cartesi Mint Small Gains
Bitcoin on Thursday, January 4 recorded a notable loss of five percent. The crypto asset that was trading at $45,201 (roughly Rs. 27.6 lakh) just 24 hours ago, has slipped to the price point of $43,070 (roughly Rs. 35.8 lakh)….
Crypto Price Today: Bitcoin Trades at Over $43,000, Future Crypto Rally Relies on ETF Approvals in US
The overall crypto market displayed a slight bearish sentiment through the first weekend of the year 2024. Bitcoin forayed into the second week of 2024 trading at the price point of $43,240 (roughly Rs. 43.9 lakh). Over the weekend, the…
BTC-Accepting Businesses Rose by Over 170 Percent in 2023, Some Also Identified in India: Report
The number of vendors and businesses accepting payments through Bitcoin spiked by a whopping 174 percent last year. The most expensive cryptocurrency in existence, Bitcoin went through a notable slump in 2023 after several market shaking incidents like the collapse…
Crypto Industry’s Talent-Demand Supply Dynamic Notably Diversified in 2023, Good Scope Ahead: Unocoin CEO
The regulatory and safety concerns kept the global crypto market highly volatile in 2023. This made 2023 the slowest year for crypto since 2019. The number of job openings in the Web3 sector also registered ups and downs last year…
Asset Tokenisation, DeFi for Masses: Giottus CEO Lists Crypto Trends Poised to Succeed in 2024
The Web3 industry seems to be on an ever-evolving movement where blockchain-based concepts arrive and die on an everyday basis. Last year, for instance, the sector of non-fungible tokens (NFTs) dropped to its record low in-terms of sales – but…
Indian Blockchain Esports Firm Stan Raises Over $2 Million in Funding: Details
Stan, the Indian blockchain esports firm, has closed its Pre-Series A funding round as per an official announcement shared Tuesday, January 23. The company has bagged an investment of $2.7 million (roughly Rs. 22 crore) from several investors, including CoinDCX…
Solana Foundation, CoinDCX Announce Rs. 25-Crore Grant for India’s Web3 Developers
Ahead of India’s 75th Republic Day, Indian crypto exchange CoinDCX has announced a grant programme for Indian Web3 developers in partnership with the Solana Foundation. The grant, worth Rs. 25 crore, aims to help bootstrapped Indian Web3 developers designing products…
Crypto Price Today: Bitcoin Price Stays Unchanged Despite Small Gain, Profits Return to Crypto Chart
Bitcoin on Thursday, January 25 recorded a miniscule gain of 0.50 percent. Despite this development, Bitcoin did not see a big change in its price. At the time of writing, the value of BTC stood at $39,921 (roughly Rs. 33…
DePins: Where Blockchain Meets AI
Earlier this month, leaders from the international financial sector gathered under one roof to attend the World Economic Forum held in Davos, Switzerland. The topics of blockchain, cryptocurrencies, and Artificial Intelligence were most discussed during this event. Several financial experts…
Crypto Price Today: Bitcoin, ETH Remain Under Loss-Spell, Most Altcoins Register Dips
Bitcoin logged a loss of 1.06 percent on Wednesday, January 24. At the time of writing, the oldest asset of the crypto sector was trading at the price point of $39,650 (roughly Rs. 32.9 lakh). In the last 24 hours,…
Crypto Price Today: Bitcoin Falls Below $40,000, Small Gains Seen by Tether, USD Coin
Bitcoin on Tuesday, January 23 reflected a loss of 3.63 percent. With this, the value of Bitcoin has dropped to $39,820 (roughly Rs. 33 lakh). This is the first time in the last two months that Bitcoin has dropped below…
Anti-Crypto China Forms Standard-Setting Body for Metaverse, Huawei and Tencent Join Team
China, that banned all uses of cryptocurrencies back in September 2021, is taking an interest in exploring the metaverse sector. The country has gathered a bunch of its native tech giants to form a body that would set the standards…
Crypto Price Today: Bitcoin, Ether See Losses; Altcoins Solana, Cardano Follow Suit
Bitcoin stepped into the final week of January 2024, trading in losses. The asset, on Monday, January 22 recorded a loss of 1.72 percent. This took its trading value to $40,955 (roughly Rs. 34 lakh). Over the weekend, the value…
Crypto Price Today: BTC Breaches $46,700 Mark First Time in 2024, ETF Excitement Adds Profits to Most Altcoins
Bitcoin on Tuesday, December 9 minted a substantial profit of 7.71 percent. The value of Bitcoin, for the first time in months and this year, reached the mark of $46,752 (roughly Rs. 38.8 lakh). The growth was clocked by Bitcoin…
Crypto Price Today: Bitcoin, Ether Retain Profits Despite Most Altcoins Showing Losses: Details
Bitcoin on Tuesday, January 16 reflected a minor gain of 0.36 percent. The asset, at the time of writing, was trading at $42,625 (roughly Rs. 35.3 lakh) as per Gadget360’s crypto price tracker. As opposed to what was predicted, the…
National Startup Day: CoinDCX Chief Posts Earnest Appeal to India’s Govt, Web3 Community
The startup ecosystem of India, emerged as the third largest in the world, with over 99,000 recognised firms and 108 unicorns. In regard to the Web3 ecosystem, industry players have identified setbacks, that is slowing down the overall growth of…
Crypto Price Today: Losses Hit Bitcoin, Ether, Most Altcoins Follow
This entire week, Bitcoin and Ether continued to trade under a loss-spell. On Friday, January 19, Bitcoin showed a loss of 3.77 percent on Gadgets 360’s crypto price tracker. Its value, at the time of writing, stood at $41,005 (roughly…
NFT-Supporter Trump Vouches to Squash CBDC Creation in US if Re-Elected President
The US, in recent years, has emerged as one of the most crypto-friendly nations in the world with more investors and merchants experimenting with digital assets there. At a time when the nation is conducting research and studies around the…
Crypto Price Today: Bitcoin, Ether Reel-In Minor Profits; Losses Hit Most Altcoins
Bitcoin on Wednesday, January 17 minted a small gain of 0.07 percent. At the time of writing, the oldest and most expensive crypto asset was trading at $42,846 (roughly Rs. 35.6 lakh) as shown by Gadgets360’s crypto price tracker. In…
Coinbase Crypto Exchange, US SEC Lock Horns in US Court Over Digital Assets as Securities
A federal judge in Manhattan on Wednesday grilled Coinbase and the US securities regulator about their divergent views on whether and when digital assets are securities, in a case closely watched by the cryptocurrency industry. Coinbase has asked the court…
Crypto Price Today: Bitcoin, Ether Continue to Trade Flat, Most Cryptocurrencies Record Losses
Bitcoin on Thursday, January 18 clocked a minor dip of 0.87 percent. The oldest, most expensive cryptocurrency was trading at the price point of $42,544 (roughly Rs. 35.3 lakh) at the time of writing. In the last 24 hours, the…
Davos 2024: RBI Governor Calls Crypto ‘Highly Speculative’ Amid Others Preaching Representation
The ongoing 2024 session of the annual World Economic Forum (WEF) in Davos has brought together leaders of global finance industry under one roof. The topic of cryptocurrencies is gaining major traction among speakers and attendees, with industry experts shading…
Mercedes-Benz Boasts of In-Car NFT Gallery as Part of MB.OS Revamp
Mercedes, the German luxury carmaker has decided to express its stance on the controversial Web3 sector, in a rather bold and artistic way. In a revamp to its operating system, Mercedes-Benz has decided to include a digital gallery, showing off…
US SEC Agrees to Delay Terraform Labs’ $40-Billion Crypto Fraud Trail for Do Kwon’s Extradition
The US Securities and Exchange Commission agreed to delay a civil trial against Terraform Labs and co-founder Do Kwon for allegedly orchestrating a $40 billion (roughly Rs. 3,32,329 crore) cryptocurrency fraud, so that Kwon can be extradited and attend. In…
Japan’s E-Commerce Major Mercari Plans to Open BTC Payments For Over 20 Million Users
Japan, under its pro-Web3 Prime Minister Fumio Kishida, is taking efforts as a community to establish itself as a hotspot for blockchain-related activities. Recently, it has been reported that Japanese e-commerce major Mercari is planning to accept Bitcoin payment in…
CoinDCX Hatches a Million Dollar Plan to Reap Advantages of India’s Crackdown on Foreign Exchanges
Indian crypto exchanges are reaping the benefits of the government opening compliance investigations on foreign crypto exchanges like Binance and Kraken. Over the last week, Indian crypto exchanges recorded a massive inflow of deposits, that has now opened a competition…
Crypto Price Today: BTC, ETH Maintains Profits, Fake News About ETF Approvals Rattles Overall Market
Bitcoin on Wednesday, December 10 reflected a minor loss of 1.71 percent. This price drop however, did not spell doom for the asset, as it continued to trade at $45,917 (roughly Rs. 38 lakh). In the last 24 hours, the…
Bitwise Says Its Bitcoin ETF Collected Highest Inflow on First Trading Day
Crypto asset manager Bitwise said on Friday that $240 million (roughly Rs. 1,990 crore) flowed into its spot bitcoin exchange-traded fund (ETF), the most of the 10 such products that began trading on Thursday. The U.S. Securities and Exchange Commission…
Crypto Price Today: Profits Take Over Crypto Charts as 11 BTC ETFs Bag Historic Approval in US
Bitcoin on Thursday, January 11 minted a small profit and continued trading at the price point of $46,331 (roughly Rs. 38.4 lakh). In a historic development, the US SEC finally gave the green signal to 11 Bitcoin ETF applications that…
Number of Unique Active Wallets, Decentralised Apps Spiked in 2023 Testifying to Web3 Boom: Report
The overall Web3 industry witnessed a bunch of ups and downs in the year of 2023 – but in the midst of all the turmoil, it did manage to attract more attention and recorded a boom. The number of unique…
US Bitcoin ETFs See $4.6 Billion in Volume in First Day of Trading, Grayscale and BlackRock Dominate
US-listed bitcoin exchange-traded funds (ETFs) saw $4.6 billion worth of shares trade hands as of Thursday afternoon, according to LSEG data, as investors jumped into the landmark products approved by the US securities regulator on Wednesday. The products mark a…
Near Protocol Crops Work Force Marking 2024’s First Layoff in Web3: Details
The first two weeks of 2024 saw major upheaval with the excitement around the approval of BTC ETFs in the US. The market volatility seems to be cooling off now that the ETFs have been approved – but regardless, a…
Crypto Price Today: Bitcoin Reflects No Notable Price Change Post ETF Approvals, Most Altcoins Trade in Profits
Bitcoin on Friday, December 12 clocked a loss of 1.05 percent – one day after the US SEC approved 11 BTC ETFs in a milestone decision for the global crypto sector. Bitcoin is presently trading at the price point of…
Cryptocurrencies Pose Risks to Emerging Markets, Central Bank’s Stand Remains Unchanged: RBI Governor
Cryptocurrencies can pose significant risks to emerging markets, the Reserve Bank of India (RBI) chief said on Thursday, cautioning that the central bank’s stand on the issue remains unchanged despite wider acceptance in other countries. “Our position, my position and…
The Curious Case of Binance, Kraken Disappearing from Apple India’s App Store: Details
Apple’s App Store, as of Wednesday, January 10 is not showing a number of foreign crypto exchanges like Binance and Kraken in India. Several members of India’s crypto community posted screenshots of their Apple Store searches on X, showing no…
X Explains SEC Account Hack, Curbs ETF-Related Market Manipulation Rumours
Unidentified notorious miscreants managed to hack the X account of the US Securities and Exchange Commission (SEC) last night, sending the global crypto community into a frenzy. Elon Musk-headed X confirmed on Wednesday, January 10 that SEC’s confirmation of BTC…
Dollar Steady, Bitcoin Holds Gains Ahead of Expected Spot ETF Approval
A decline in US consumer inflation expectations kept the dollar rally in check on Tuesday as traders reaffirmed their bets for a slew of Federal Reserve rate cuts this year. In cryptocurrencies, bitcoin held near its strongest level since April…
Crypto Price Today: Bitcoin Sees Gradual Price Revival, Overall Market Continues to See Volatility
Bitcoin on Friday, January 5 reflected small gains of under one percent as many altcoins that were trading in losses a day ago, showed profits. At the time of writing, the value of Bitcoin stood at $43,466 (roughly Rs. 36…
Visa Plans Web3 Loyalty Service With Gamified Giveaways, Immersive Treasure Hunts
Payments giant Visa is drilling deeper into the Web3 sector with a new initiative that it has announced in the very first week of 2024. The US-headquartered company has announced a new Web3 loyalty service to assist brands experiment with…
Solana Co-Founder’s Deepfake Video Surfaces Online, Crypto Users on Twitter Ask Big Tech to be Prompt
The threats of deepfakes are looming large over the social media landscape. The crypto sector is no exception to the dangers of deepfakes-powered fake news. In a new development, a deepfake video of Anatoly Yakovenko, the co-founder of Solana, was…
Crypto Purchase Via Credit Card Could be Banned in South Korea, Here’s Why
South Korea, despite its relatively pro-crypto stance, is trying to regulate the ways its residents interact and engage with virtual currencies. The Financial Services Commission (FSC) of South Korea is proposing to ban the purchase of cryptocurrencies via credit cards….
E-Rupee CBDC Said to Hit RBI Target of 1 Million Daily Transactions by End of 2023
Indian banks disbursed some employee benefits through the digital rupee in December, helping the Reserve Bank of India meet its target of one million daily transactions by end-2023, three sources directly familiar with the development said. The central bank digital…
OpenSea Sees Older Mickey Mouse Avatar Become Most Trending NFT, Market Revival Remains Slow
The charm of OG cartoon characters seem to be making a comeback on to the newer generations with a fresh flavour of Web3. At a time when the overall NFT market is experiencing upheaval, NFTs inspired by one particular cartoon…
CoinDCX Refutes Claims of Being Probed for Fraud as Disorderly Chaos Keeps India’s Crypto Sector Engulfed
Sumit Gupta, the CEO of CoinDCX crypto exchange has refuted claims that it has allegedly defrauded some of its users. This response came after media reports citing anonymous police officials from Delhi claimed that CoinDCX asked users to pay extra…
What is Crypto Fear and Greed Index, And Here’s Why You Should Keep Tabs on It
Investments in cryptocurrencies could be risky given that the market of digital assets remains more volatile than stable on a day-to-day basis. There, however, are parameters that can be analysed by those looking to invest in order to place their…
Crypto Experts Weigh-In on Factors that Propelled BTC to Trade Above $40,000, a First Since May 2022
For the first time in nineteen months, the value of Bitcoin exceeded the crucial mark of $40,000 (roughly Rs. 33.7 lakh) in terms of its pricing on Monday, December 4. The oldest cryptocurrency, that created its last all-time high of…
28 Crypto Firms Register Operations with India’s Financial Intelligence Unit: Details
WazirX, CoinDCX, and CoinSwitch are among the 28 crypto firms that have registered their operations with the Indian Financial Intelligence Unit (FIU). This registration is vital and was first mandated to be completed by firms dealing in virtual digital assets…
JP Morgan Looking Forward to Testing ‘Immersive Training Applications’ of Metaverse
The world of banking is gearing up to explore the use cases of up-and-coming technologies like Artificial Intelligence (AI) and the metaverse to benefit their present working conditions. JP Morgan, for instance, is excitedly looking to try out immersive training…
Crypto Firms in US Spent Nearly $19 Million on Lobbying in First 3 Quarters of 2023, on Track for Record Year
The cryptocurrency industry was on track to hit a new record for federal lobbying spending, after a year in which firms scrambled to repair their reputations and advance friendly legislation, according to data provided to Reuters by nonprofit research group…
India Strict about Overseeing, Automating Tax Work Around Crypto: KoinX’s Punit Agarwal
The Income Tax Department of India is issuing alerts around high-value crypto transactions. The matter came to light earlier this week when Punit Agarwal observed a rise in income tax-related queries tied to crypto transactions from the income tax department….
IT Ministry to Block Binance, Kraken, More Crypto Websites After FIU Issues Show Cause Notice
As part of compliance action against the offshore entities, Financial Intelligence Unit India (FIU IND) has issued show cause notices to nine offshore Virtual Digital Assets Service Providers (VDA SPs) under Section 13 of the Prevention of Money Laundering Act…
Software Firm MicroStrategy Buys Bitcoin Worth $615.7 Million Ahead of SEC’s Spot ETF Decision
Software firm MicroStrategy said on Wednesday it had bought bitcoin worth about $615.7 million (Rs. 5,120 crore) in cash, amid growing expectations that the top US markets regulator will soon approve a spot bitcoin exchange traded fund (ETF). The company…
Crypto Price Today: Bitcoin Passes $43,000 Mark, Most Altcoins Register Profits
Bitcoin on Thursday, December 28 recorded a profit of 1.38 percent on Thursday, December 28. With this, the value of Bitcoin has risen to the price point of $43,064 (roughly Rs. 35.8 lakh). In the last 24 hours, Bitcoin has…
Crypto-Related Searches on Google Loses Ranking to Keywords Around AI: Report
The global citizenry, this year, seemingly remained very dazzled by all things AI (Artificial Intelligence) — the Search trends on Google has indicated. Throughout the course of the year of 2023, Google searches around crypto, Bitcoin, and related-Web3 keywords did…
Crypto Price Today: Bitcoin Retains Price Above $42,000 Despite Small Losses, Altcoins Trade Sideways
Bitcoin on Wednesday, December 27, reflected a small loss of 2.71 percent. Despite this slight decline, Bitcoin managed to retain its price above the level of $42,000 (roughly Rs. 34.9 lakh) and is currently trading at $42,218 (roughly Rs. 35…
Coinbase Gains Licence to Operate as Virtual Asset Services Provider in France
US-based crypto exchange Coinbase has successfully acquired a licence to operate as a virtual asset service provider (VASP) in France. This also means that Coinbase is now a registered entity with Autorité des marchés financiers (AMF), the French financial markets…
Cyber Criminals Have New Tool ‘Drainer’ to Rob Crypto Holders, Beware of Web3 Ads on Google, X
The crypto sector, which currently holds a market cap of $1.66 trillion (roughly Rs. 138,06,635 crore, is no new hotspot for cyber criminals to lurk around. With new tools and applications, notorious cyber actors often find their way into crypto…
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Coinbase is now a registered entity with AMF, the French financial markets authority. The exchange exchange has successfully acquired the licence to operate as a Virtual Asset Service Provider in France.
Crypto Price Today: Bitcoin, Ether See Losses as Christmas Ushers 2023 into Finale Week, Altcoins Remain Volatile
The Christmas cheer does not seem to be working out quite so magically for the crypto sector, as many altcoins on Monday, December 25 reflected losses on the price chart. Bitcoin registered a loss of 0.09 percent to trade at…
Crypto Price Today: Bitcoin, Ether See Drop in Value Owing to Market Liquidations, Most Altcoins Follow
Bitcoin on Monday, December 11, recorded a dip of 4.37 percent to trade at the price point of $42,026 (roughly Rs. 35 lakh). The most expensive crypto asset essentially failed to maintain its value above the mark of $43,000 (roughly…
Crypto Price Today: Bitcoin, Ether Join Most Cryptocurrencies in Reflecting Notable Losses
The crypto price chart was drenched in reds with almost all popular cryptocurrencies reflecting losses on Monday, December 18. Bitcoin registered a loss of 2.44 percent on Monday. With this, the oldest and most expensive cryptocurrency is currently trading at…
Crypto Price Today: Bitcoin Recoils to $42,000 Mark as Profits Rain Over Majority Crypto Assets
The overall crypto chart appeared lush with greens as most cryptocurrencies saw gains on Tuesday, December 19. Bitcoin, for instance, rose in value by 4.75 percent in the last 24 hours. At the time of writing, the value of Bitcoin…
Metaverse Platform ‘The Sandbox’ Said to Double Down on India-Related Initiatives: Details
The Sandbox, a metaverse platform based in Hong Kong, has put its India expansion plan at the top of its priorities. In the next two years, The Sandbox is looking to make India its largest market. Despite having crypto and…
Elon Musk to Upgrade X With Payment Features Soon; No Word on User-Requested Crypto Integration
Elon Musk recently disclosed his plans to add payments feature to the X app (formerly Twitter) by mid-2024. The multi-billionaire tech mogul has been working towards his goal of transforming X into an ‘everything app’ — prior to Musk’s takeover…
Crypto Price Today: Bitcoin Stays Above $43,000 for Second Consecutive Day as Prices of Most Altcoins Rise
Prices of most cryptocurrencies rose on Friday as most digital assets saw their values rise. Bitcoin managed to stay above the $43,000 mark after seeing a minor spike of 0.30 percent. Over the last 24 hours, Bitcoin rose in value…
Crypto Price Today: Losses Strike Bitcoin, Ether Among Majority Altcoins as Crypto Volatility Hits Peak
All the cryptocurrencies that were trading in profits 24 hours ago, are currently reflecting losses, drenching the price chart in reds. Bitcoin saw a price reduction of 0.66 percent on Wednesday, December 20. At the time of writing, the crypto…
Crypto Price Today: Bitcoin Jumps Back Up Over $43,000, More Altcoins Saw Profits Than Losses
Bitcoin, along with most cryptocurrencies, saw profits on Thursday, November 21. Bitcoin managed to spike in value by 2.26 percent in the last 24 hours. With this, Bitcoin has managed to regain the price point of $43,672 (roughly Rs. 35…
Shiba Inu Holders to Get ‘.SHIB’ Domain that Would Function on Web2.0, Web3
The developers behind the popular memecoin Shiba Inu have decided to bring a new offering to its investor community. The Shiba Inu team has applied to acquire the ‘.shib’ domain, which if approved, would let members of its community create…
India’s WazirX Sees 90 Percent Dip in Crypto Trading Volume Amid Regulatory Delays
WazirX disclosed the trajectory of its business this year only to give an insight into the slump spell that the crypto market is under as India awaits to complete regulatory deployments to oversee the sector. The Indian crypto trading platform,…
Web3 Gaming Market to Churn Over $614 Billion by 2030, Role Playing Games to Lead Sector: Report
The NFT-backed Web3 gaming ecosystem is showing big promise in the next few years. A recent report by Fortune Business Insights has forecasted that the blockchain gaming market would be churning up to $614 billion (roughly Rs. 51,07,086 crore) in…
Crypto Expands Financial Choices, Gives Independence Making it Attractive for Investors: Binance
The outlook of the investor community towards cryptocurrencies is, needless to say, an ever-evolving landscape. Several governments from around the world are working to regulate the crypto sector, given that the industry has amassed a large community worldwide in recent…
Bonk Frenzy Boosts Sales of Solana’s Saga Phones to Eight Times its Retail Cost: Details
The month of December proved to be quite lucrative for the overall crypto market, but it brought in expansive business into one particular ecosystem; Solana’s. From Solana’s native cryptocurrency SOL trading on the upper side of the price ladder the…
OpenAI’s Sam Altman Highlights Importance of Worldcoin Global Identity Project as AI Picks Pace
The buzz around the Worldcoin project rose and fizzled in days around August this year. Some much needed support from OpenAI CEO Sam Altman to this project, however, has propelled the Worldcoin initiative back onto the headlines. Altman was recently…
Bonk Token Overtakes Pepecoin to Become Latest Riot on Memecoin Block: Everything to Know
The overall crypto market cap rose by 110 percent year-to-date owing to a bunch of market-reviving milestones that garnered pace around the end of October this year. During this time, which bulked up the crypto market cap to stand at…
Crypto Price Today: Bitcoin Price Falls to $41,000, Market Remains Volatile and Unpredictable
Bitcoin on Tuesday, December 12 reflected a loss of 1.30 percent on the crypto price chart. With this, the value of the most expensive cryptocurrency has fallen to $41,840 (roughly Rs. 34.8 lakh). This is the second consecutive day that…
Crypto Price Today: Bitcoin, Ether Fail to See Profits as Price Correction Period Prevails Over Most Assets
Bitcoin on Wednesday, October 13 continued to remain on the loss-making side of the crypto chart for the third consecutive day. Having incurred a loss of 2.37 percent, the value of BTC has fallen to its current price point of…
US SEC Denies Coinbase Petition Seeking New Crypto Rules for Digital Assets Sector
The US Securities and Exchange Commission on Friday denied a petition by Coinbase Global seeking new rules from the agency for the digital asset sector, which the country’s largest crypto exchange said it plans to challenge in court. The five-member…
Bitcoin Price Begins to Rise Gradually After Price Correction Period, Altcoins Show Mixed Movement
Bitcoin has slowly begun to regain value after a price correction period. On Friday, the world’s most widely used cryptocurrency rose by 0.22 percent, bringing its value to $42,854 (roughly Rs. 35.7 lakh). The most expensive cryptocurrency, Bitcoin has been…
Asia’s Line Messaging App Plans to Expand into NFT Ecosystem, Bags Millions in Investment
Line, the Asian messaging giant based in South Korea, has decided to foray into the Web3 waters. It has created a special venture called Line Next Corporation that will be dedicated to expanding the NFT ecosystem. In a recent development,…
Crypto Price Today: Bitcoin Sees First Profits this Week, Most Altcoins Escape Price Correction Period
Bitcoin on Thursday, December 14, recorded a gain of 4.22 percent. The value of Bitcoin, at the time of writing, stood at $42,680 (roughly Rs. 35.5 lakh). After going through a period of price correction this week, Bitcoin has managed…
‘Wait is Frustrating’: Indian Crypto Players Fear Losing Web3 Talent, Funding Amid Legal Delays
The next eighteen months could seem like a lifetime for Web3 firms, waiting to take their operations full scale in the most populated country of the world, India. Despite a crypto roadmap having been finalised by G20 this year, India…
‘Freedom Visa’: What is El Salvador’s New Plan to Boost Tourism, Revenue Via BTC
El Salvador, the country that historically became the first in the world to ordain Bitcoin as a legal tender, has created a plan to boost its tourism industry and subsequently its economy in due time. The National Bitcoin Office (ONBTC)…
India’s Crypto Action Awaits Analysis on Nation-Specific Characters and Risks: Finance Ministry
India is standing on the cusp of embracing the crypto sector, but well within a concrete legal framework to safeguard its nationals against any financial risks. Before that happens, the country is laying focus on assessing the impacts and risks…
Crypto Market Eyes Interest Rates, Expected Bitcoin ETFs in 2024 After Recovery
After ending 2023 on a high, crypto investors will be watching central bank interest rates and a US regulatory decision on new bitcoin products as they decide how to place their bets next year. Cryptocurrencies staged a recovery this year…
CoinSwitch Lifts Curtains off New Umbrella Brand ‘PeepalCo’, Plans to Expand Wealth Tech
CoinSwitch, one of India’s popular crypto trading platforms, announced its new umbrella brand on Tuesday, December 12. Called PeepalCo, the new brand will envelope three platforms owned by the same company. Out of these three internal units, one is CoinSwitch’s…
Google Updates its Ad Policies for Crypto Coin Trusts: Here’s Everything to Know
Google, in the midst of ongoing crypto market growth, has announced changes to its advertising policies. The search engine giant has decided to allow crypto coin trusts to display advertisements, but under certain terms and conditions. For years now, promotional…
NFT, BTC ETF Buzz Bulked Up Crypto Cap, Breathes Back Life into Market Before 2023 Ends: Binance
The market valuation of the crypto sector has risen significantly by 110 percent year-to-date, a report compiled by Binance said over the weekend. In the fourth quarter of 2023, the crypto market rose in value by $870 billion, which marks…
IT Ministry Blocks More Than 100 Websites Involved in Organised Illegal Investments, Job Frauds
Over 100 websites, which facilitated organised illegal investments and task-based part time job frauds, were blocked following a recommendation of the Union Home Ministry. According to an official statement, these websites were being operated by overseas actors. The Indian Cybercrime…
Bitcoin-Based Ordi Token Takes Crypto Market by Storm: Everything to Know
The crypto market is currently under a long-awaited bull run. Bitcoin, at this point, is trading at $42,450 (roughly Rs. 35 lakh) which is its highest price in the last nineteen months. In the midst of the market excitement, a…
Binance Withdraws Abu Dhabi Licence Bid as Crypto Exhange Reassesses Global Structure After CEO Turmoil
Binance has withdrawn an application for an Abu Dhabi licence, the latest sign that the giant crypto exchange is reassessing its global structure as regulatory pressures mount. The Binance unit, called BV Investment Management, pulled the application with Abu Dhabi’s…
India’s Concrete Crypto Rules Could Arrive by Mid-2025, Government Official Claims
After India and other G2O nations decided to adopt a crypto roadmap framed with suggestions from global financial bodies, one would have thought the deployment of these laws were just around the corner. That, however, is not the case. A…
Flipkart Teams with Polygon to Scale Web3 Loyalty Programme FireDrops
Flipkart is looking to dive deeper into its Web3 initiative FireDrops, and to do so, the ecommerce giant has partnered with the Polygon blockchain network. Using Polygon’s CDK-deployed Layer 2 chain, Flipkart plans to boost its Web3 loyalty programme. Launched…
Crypto Price Today: Bitcoin Registers First Minor Price Dip in Recent Days, Most Altcoins Trading in Profits
Bitcoin on Friday, December 8 recorded the first miniscule drop in its pricing in days. The oldest, most expensive cryptocurrency at the time of writing is trading at the price point of $43,448 (roughly Rs. 36.2 lakh). In the last…
India to Support Startups Innovating in Web3, IT MoS Rajeev Chandrasekhar Tells Lok Sabha
The government of India is committed to supporting startups that are working in the Web3-related fields, with blockchain being an important area of focus. The information was revealed by Rajeev Chandrasekhar, the Union Minister of State for electronics and technology….
Crypto Price Today: Bitcoin Trades Close to $44,000 Mark, Losses Strike Ether, Tether, Solana
Bitcoin on Thursday, December 7 managed to mint a minor profit of 0.43 percent. At the time of writing, Bitcoin was trading very close to the mark of $44,000 (roughly Rs. 36.6 lakh) — precisely at the price point of…
Himachal Pradesh Special Investigation Team to Boost Digital Asset Security, Onboards Liminal
The law enforcement authorities in Himachal Pradesh are going bullish on tightening the security around the digital assets sector. The State’s Special Investigation Team (SIT) has teamed up with Liminal Custody Solutions. In recent weeks, the Himachal Pradesh SIT conducted…
Crypto Price Today: Bitcoin, Ether Continue Bull Run, Most Altcoins See Profits over Losses
Bitcoin on Wednesday, December 6 saw its price rise significantly over the last day. With a gain of 4.33 percent, Bitcoin is currently trading at the price point of $43,740 (roughly Rs. 36.4 lakh). This is now Bitcoin’s highest price…
NFTs Start Climbing Up Price Ladders Again as Bitcoin, Ether Show Continuous Rally
The market for non-fungible tokens (NFTs) seems to be on a revival sprint now that the crypto market is on a bull run. With cryptocurrencies like Bitcoin, Ether, Solana, and Polygon pumping in value, a bunch of NFT series associated…
Crypto Price Today: Bitcoin Continues to See Rise in Value, Most Altcoins See Losses
Bitcoin on Tuesday, December 5 marched ahead on the price ladder and registered a fresher nineteen-month high for itself. With a profit of 2.59 percent, Bitcoin is presently trading at the price point of $41,738 (roughly Rs. 34.8 lakh). In…
Digital Pound Benefit Assessment Conducted in UK as CBDC Rollout Comes Close
The UK is pacing up its efforts to understand the possible outcomes of rolling out a digital Pound CBDC. On the order of the UK Parliamentary Committee and the House of Commons, the Bank of England and the UK Treasury…
Crypto Price Today: Bitcoin Breaches $40,000 Mark, Attains 2023’s Highest Price Followed by Volatile Altcoins
Bitcoin on Monday, December 4 reflected a profit of 2.66 percent on the crypto price chart. With this, the value of the most expensive cryptocurrency reached $40,578 (roughly Rs. 33.7 lakh), its highest price point for the year of 2023….
Crypto Price Today: Bitcoin Retains Losses, Market Volatility Keeps Most Altcoins in the Reds
Bitcoin on Tuesday, November 28, reflected losses for the second consecutive day. The crypto asset, at the time of writing, was trading at the price point of $37,034. Despite this minor loss streak, the value of BTC has not dwindled…
Crypto Price Today: Bitcoin Price Sees Small Hike, Losses Strike Stablecoins in Volatile Market
Bitcoin on Wednesday, November 29 reflected profits after two days of reeling under small losses. The price point of BTC, at the time of writing, stands at $37,935 (roughly Rs. 31.6 lakh) after recording a profit of 2.06 percent. In…
More Crypto Safeguards Needed to Prevent FTX Fallout Situation, Says Financial Stability Board
More measures may be needed to stop blow-ups at complex crypto firms like FTX from destabilising the wider financial system, the global Financial Stability Board (FSB) said on Tuesday. The FSB, which groups regulators, central banks and treasury officials from…
Philippines’ SEC to Block Access to Binance, Says Crypto Exchange’s Operator Not a Registered Corporation
The Philippines’ Securities and Exchange Commission has begun the process of blocking access to the world’s largest crypto exchange Binance, whose chief last week stepped down and pleaded guilty to breaking US anti-money laundering laws. The SEC said the operator…
UN to Educate Over 22,000 Staff Members on Blockchain, Web3: Here’s Why
The United Nations seems to be getting ready to hop onboard the Web3-express now that rules and regulations to govern this niche sector have begun surfacing around the world. Aiming to help countries around the world achieve their sustainable development…
Crypto Price Today: Bitcoin Currently Trading at $38,000, Altcoins Show Mixed Movement
Bitcoin on Friday, December 1 managed to see a small gain of 0.29 percent. The value of Bitcoin at the time of writing, stood at $37,904 (roughly Rs. 31 lakh). In the last 24 hours, the value of Bitcoin has…
Seoul, Dubai, Santa Monica Named Among Leaders in Metaverse in WEF Report
The metaverse sector, although gradually, is showing signs of growth and adoption in different parts of the world. Citing a report by technology intelligence firm ABI Research, the World Economic Forum (WEF) said that nearly 700 cities will have some…
Crypto Price Today: Bitcoin Briefly Hit 19-Month High, Losses Strike Ether, Cardano Among Others
Bitcoin briefly touched its 19-month high of $38,000 (roughly Rs. 31 lakh) today. Amid the market volatility, the oldest cryptocurrency clocked a small gain on Thursday, November 30, taking its price to $37,866 (roughly Rs. 31.5 lakh). The month of…
Magic Eden Launches Crypto Wallet with Cross-Chain Workability: Details
Magic Eden, which is an online marketplace for NFT sales, is adding more functionalities and capabilities to its platform to attempt to revive people’s interest in digital collectibles after a visible sector slowdown. The platform has now decided to launch…
Standard Chartered Bank Joins China’s CBDC Pilot Trials : All You Need to Know
China, that became one of the first nations in the world to launch trials of its CBDC, is expanding its trials to accommodate more lenders. Standard Chartered China has become the latest bank that has joined China’s CBDC pilot which…
New Binance CEO Richard Teng Ensures Users on Asset Safety Post Zhao’s Exit
Binance, touted as the world’s largest crypto exchange, is undergoing a turmoil post the exit of its founder and former CEO Changpeng Zhao last week. Richard Teng, the former global head of regional markets at Binance has been designated as…
Crypto Price Today: Bitcoin, Ether Step into Last Week of November With Losses, Most Altcoins See Dips
Bitcoin on Monday, November 27 reflected a loss of 1.24 percent. At the time of writing, the value of Bitcoin stood at $37,238 (roughly Rs. 31 lakh). The month of November this year, proved to be profitable for the crypto…
When Will G20 Nations Adopt Decided Crypto Roadmap? Indian FM Gives Update
India is set to handover the presidency of the G20 nations to Brazil in December, after one year of holding it. During India’s G20 presidency, it worked with global financial institutions on formulating laws to govern the crypto sector on…
Crypto Price Today: Bitcoin, Ether Continue to Show Growth Despite Several Altcoins Seeing Losses
Bitcoin on Tuesday, November 21 showed a spike in its value from previous day’s pricing. Reflecting a profit of 0.44 percent, Bitcoin is presently trading at $37,472 (roughly Rs. 31.2 lakh). In the last 24 hours, the value of Bitcoin…
Australia Stock Exchange Hires TCS to Rebuild Software After Ditching Blockchain-Based Effort
Australian stock exchange operator ASX said it had hired Tata Consultancy Services (TCS) to overhaul its clearing and settlement software, opting for a route that will take less customisation after ditching a much-criticised blockchain-based effort. The choice is a major…
Apple Lands into Legal Trouble for Obstructing Crypto Tech from iOS Payment Apps
Apple, despite having faced constant criticism from the Web3 industry for its unfriendly policies, now finds itself in a legal soup. A bunch of resentful Apple users, who are also part of the crypto community, have now filed a class-action…