Category: Crypto Currency

Binance is refreshing the database of its user details in India, the exchange said in an official announcement over the weekend. Binance’s India users have been directed to re-verify their Know-Your-Customer (KYC) details. This instruction will apply to both the new as well as the existing users of the exchange. Access to Binance was restored…

Ethereum, touted as the most commercial blockchain in existence, is set to undergo a significant upgrade in the coming days. Dubbed “Pectra”, the upgrade is aimed at improving Ethereum’s efficiency, stability, and usability. Initially, the upgrade was slated to be completed around early April, however, owing to the ongoing tests on the upgrade its deployment…

Paul Atkins has been sworn in as the 34th chairperson of the US Securities and Exchange Commission (SEC). US President Donald Trump had nominated Atkins for the role earlier this year. The US Senate also confirmed its support for Atkins to take up the role this month. With him at the helm, the SEC will…

Circle is planning to launch an international payments network that will allow large corporations to complete settlements via stablecoins. The issuer of the USDC stablecoin released a whitepaper this week detailing possible ways in which stablecoins can upgrade the global payment systems. This system is dubbed the Circle Payments Network (CPN). It has been designed…

Bitcoin price hit a six-week high on Wednesday. The price of the world’s most widely used digital asset rose by six percent to reach $93,455 (roughly Rs. 79.8 lakh) on international exchanges, as per CoinMarketCap. On Indian exchanges, Bitcoin’s price jumped by nearly seven percent over the past 24 hours. Data by CoinSwitch and CoinDCX…

Malaysian Prime Minister Anwar Ibrahim met Binance Co-Founder Changpeng Zhao on April 22. The aim of the meeting was to discuss Malaysia’s approach to engage with Web3 technologies like blockchain and digital assets. PM Ibrahim posted details about the meeting on X (formerly Twitter), claiming that he wishes to transform the Asian nation into a…

Bitcoin surpassed Big Tech firms like Google, Amazon, and Meta to become the fifth-largest asset by market cap on Wednesday. The valuation of the oldest and most expensive crypto asset climbed to $1.86 trillion (roughly Rs. 1,58,87,400 crore) on Wednesday. This takes Bitcoin’s valuation significantly higher than that of silver as well. Bitcoin is behind…

PayPal will start offering rewards to PYUSD stablecoin holders in a bid to boost its adoption and use in the coming months. Bloomberg was first to report on PayPal’s plans, stating that PYUSD users will be able to earn 3.7 percent annually on their holdings once this initiative is rolled out. Later, PayPal CEO Alex…

The Central Bank of Russia and the country’s Finance Ministry are planning to launch an experimental crypto exchange in the coming days. The step is part of Russia’s roadmap of gradually legalising cryptocurrencies. Finance Minister Anton Siluanov was addressing a ministry meeting this week, when he shed light on the plans, according to reports from…

Bitcoin’s price continued its rise on national and international exchanges on Friday. The most valuable crypto asset rose by less than one percent to trade at $93,400 (roughly Rs. 79.7 lakh) on global platforms. On Indian exchanges, Bitcoin is currently trading within the range of $93,086 (roughly Rs. 79.4 lakh) and $93,962 (roughly Rs. 80.2…