Following the surge of the previous week, Bitcoin has recently lost traction. The digital asset had gained more than 20%, and the entire market had followed suit, gaining massively across the board. Bitcoin Daily transaction volumes are up 94% according to on-chain data. For the first time in a decade, Bitcoin has closed in the…
PANAJI: At the height of the Covid-19 pandemic’s first wave last year, Gajesh Naik, a Bambolim-based school student, began generating online teaching content. The purpose of the content was to assist primary school kids from vernacular schools in dealing with the lack of physical education lessons. Gajesh, a 13-year-old, has excelled himself this year. Goa…
The Indian Ministry of Finance has responded to several inquiries on cryptocurrency trading in India, as well as crypto regulation and investor protection. The proposals in the draught bill provided by the interministerial committee are still being evaluated, according to the minister of state for finance. The Indian government responds to questions about cryptocurrency On…
When miners reach block #12965000, Ethereum will fork. Around the 4th or 5th of August, that block will be achieved. The Ethereum blockchain is currently at block 129512300, indicating that there are less than 20,000 blocks till the London hardfork occurs on the network. What is EIP-1559 and how does it change Ethereum? The Ethereum…
Regulators must collaborate with technological professionals to address crypto-crimes such as money laundering and terrorism financing. New Rules and Technologies are required for Digital Currencies Even though digital currencies have been around for a decade, the regulatory systems that regulate them are fragmented, ineffectual, and in some cases non-existent. Illicit activities flourish as a result,…
NEW DELHI: Until now, Bitcoin as payment and other cryptocurrencies have been viewed primarily as an asset class in which to invest in order to profit from price appreciation. Despite government concerns, a Desi business begins accepting Bitcoin as payment. Some businesses in the United States have begun to accept them Bitcoin as payment currencies.…
