Technology (cryptocurrency) Even while investors await the official ruling on cryptocurrency exchanges in India, Indians are exceeding the rest of the globe in terms of bitcoin adoption.According to the annual crypto proliferation index produced by the web BrokerChoose, India has the greatest number of crypto owners in the world, with over 10 crore, followed byContinue reading “Over ten crore Indians possess cryptocurrencies, making it the world’s largest market.”
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The Reserve Bank of India is looking to raise warning flags about decentralised financial applications.
Finance (cryptocurrency- Digitalized money) According to two persons familiar with the situation, the Reserve Bank of India (RBI) is trying to red flag DeFi (decentralised finance) applications and initiatives and has sought legal guidance on how they function. According to legal experts, India presently lacks any regulations governing cryptocurrency, much alone something as disruptive asContinue reading “The Reserve Bank of India is looking to raise warning flags about decentralised financial applications.”
Cardano is no longer the world’s third largest cryptocurrency
Tech Cardano’s ADA token surged 150% in August, becoming the third largest cryptocurrency in the world by market value. But its victory seems to be short-lived. The cryptocurrency market seemed to have found its sea leg when it returned to the green market on September 30. Cardano has risen by 1.95% to a price ofContinue reading “Cardano is no longer the world’s third largest cryptocurrency”
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Facebook pumping $50 million into its metaverse project is another sign that Zuckerberg doesn’t want to miss the crypto bus Facebook announced a $50 million fund for its metaverse project today.The social network is already working on its own stablecoin called Diem along with a digital wallet dubbed Novi.Cryptocurrencies and non-fungible tokens (NFTs) have aContinue reading “Tech”
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