Category: Crypto Currency

Coinbase and Animoca Brands have joined a group of institutional investors to announce an accelerator initiative in the UK, focused on Web3 projects. Fabric Ventures and Founders Factory are also part of the programme, that will allow promising Web3 startups to gain financial aid of up to GBP 250,000 (roughly Rs. 2.85 crore). The firms…

The crypto market, while still slowed down, is seemingly stabilising after going through a rough April. Stepping into May, the markets are showing signs of consolidation, analysts told Gadgets 360. On Thursday, May 1, Bitcoin reflected a minor price dip of 0.17 percent to trade at $94,920 (roughly Rs. 80 lakh) on international exchanges. On…

Crypto enthusiasts descended on Dubai on Wednesday, gathering under the Gulf’s scorching sun and hoping the industry’s buoyant mood can keep going despite signs the euphoria around Donald Trump’s crypto stance is ebbing. Speakers at the two-day event in the desert city include chief executives at some of the world’s major crypto firms, the head of digital assets at BlackRock and Goldman Sachs, as well as…

Ripple has proposed a takeover of rival stablecoin provider Circle Internet Group Inc. for $4 billion (roughly Rs. 33,843 crore) to $5 billion (roughly Rs. 42,300 crore), a bid that was rejected as too low, according to people familiar with the matter. While Ripple remains interested in Circle, it hasn’t decided whether to make another offer,…

Visa is hopping aboard the stablecoin hype with its latest partnership with Bridge, a Web3 subsidiary of fintech firm Stripe. The US-based payment cards giant said that developers using Bridge to create their apps can now offer stablecoin-linked Visa cards to their end customers across multiple nations as part of this partnership. Bridge is a…

The USD1 stablecoin, backed by US President Donald Trump, has been picked as the mode of payment for MGX’s purchase of a minority stake in Binance. The development was reportedly announced by Trump’s 41-year-old son, Eric, at the ongoing Token2049 event in Dubai. Addressing the attendees on Thursday, May 1, Trump claimed that the USD1…

Bitcoin showed signs of a significant price recovery on Friday, and the world’s oldest cryptocurrency continues to rise towards $100,000. On Friday, Bitcoin’s price rose by nearly four percent over the last 24 hours to hit $96,845 (roughly Rs. 81.2 lakh) on international exchanges. On Indian crypto exchanges, Bitcoin price rose by around two percent…

The Bharat Web3 Association (BWA) has announced a cybersecurity workshop that will be conducted in Bengaluru on May 8. During the upcoming event, the BWA will discuss security challenges related to crypto exchanges and wallets. Representatives from multiple crypto firms like Coinbase and Bitgo have been listed as speakers for this workshop. The BWA is…

Bitcoin saw its price drop over the weekend, days after it rose to $97,000 at the end of last week. On Monday, Bitcoin’s price fell by nearly two percent on international exchanges, where it was trading at $94,407 (roughly Rs. 79.5 lakh). On Indian exchanges, the price of BTC slipped by 2.25 percent, bringing its…

Kyrgyz Republic has partnered with Binance in an attempt to boost the adoption of crypto related technology in the country. The government of the Kyrgyz Republic signed a memorandum of understanding (MoU) with Binance on Sunday, as part of a long-term partnership. Sadyr Japarov, the President of the land-locked central Asian country, was present for…