Category: Crypto Currency

Sony’s Web3 exploration has now come to a point that the Japanese tech giant has announced its own blockchain network, named Soneium. The layer-2 network is being built atop Ethereum in collaboration with Startale Labs, the team behind Astar Network. Sony has established a new entity called Sony Block Solutions Labs (Sony BSL) to oversee…

Worldcoin, the controversial proof-of-personhood project by OpenAI’s Sam Altman, has found itself under the legal scanner in Colombia. The ambitious project, that aims to provide unique digital ids to human beings, has been accused of breaching the personal data protection laws in Colombia. This is because Worldcoin collects the iris scans of the eyes of…

Over the weekend, Telegram co-founder Pavel Durov was reportedly arrested in France over charges linked to the operation of the messaging app. Following the development, all popular cryptocurrencies recorded price drops. Bitcoin, for instance, saw losses of nearly two percent on national and international exchanges over the last day. The asset is trading at $66,428…

Indian crypto exchange WazirX, that was hacked for over $230 million (roughly Rs. 1,928 crore) on July 18, is moving ahead with resuming some services on its platform after more than a month of suspension. In a statement released over the weekend, the exchange said it was resuming INR withdrawals starting Monday, August 26. WazirX…

India’s digital Rupee, or eRupee central bank digital currency (CBDC), is presently in the advanced phases of its trials facilitated by 16 national banks. The eRupee has managed to amass five million users in its pilot stage, RBI Governor Shaktikanta Das claimed Monday. Das was speaking at a conference in Bengaluru when he said that…

A digital asset from a blockchain project linked to Telegram Messenger LLP has lost about $2.7 billion (roughly Rs. 22,670 crore) in market value, reflecting the uncertainty sparked by the detention of the messaging app’s co-founder. Toncoin, the token of The Open Network (TON), slid more than 20 percent after Pavel Durov was reportedly taken…

Okto, the self-custodial crypto wallet developed by Indian crypto exchange CoinDCX, has secured a business licence in UAE’s Ras Al Khaimah (RAK) city. This marks a pivotal milestone in Okto’s plans for expansion in international markets, starting with the UAE, the company said on Tuesday. The reason why this licence is important is because RAK…

Argentina is seemingly doubling down on initiatives to equip the next generation of workforce with knowledge and training in emerging technology. In a step towards this direction, the Argentinian authorities have decided to make the study of Ethereum a part of the high school curriculum. For now, this syllabus change has been deployed across high…

Bitcoin on Wednesday, August 28, showed a price dip of 4.22 percent in the last 24 hours on Indian exchanges. At the time of writing, BTC was trading at $63,385 (roughly Rs. 53 lakh) on Indian exchanges like CoinSwitch. On international exchanges, meanwhile, the value of BTC has dropped under the mark of $60,000 (roughly…

Nasdaq is seeking the green light from regulators to launch and trade options on a Bitcoin index, the exchange operator said on Tuesday. The US Securities and Exchange Commission (SEC) has yet to approve options based on any of the individual exchange-traded funds (ETFs) tied to spot Bitcoin prices that made their debut in January, including a Nasdaq application to trade options on BlackRock’s $21.3 billion…