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.…
In an earnings call, CEO of Mastercard stated that the company’s presence in the cryptocurrency space is critical. Traditional financial services platforms are attempting to adapt to the changing financial ecosystem as cryptocurrency adoption becomes more widespread. Payment processors such as Mastercard and Visa intend to use their large client base and international reach to…
Cryptocurrency is a digital currency that is protected by encryption, and new coins or tokens are created by solving complex mathematical equations. However, for investors, cryptocurrency is an asset that can be bought and sold because its value is not fixed in relation to fiat or traditional currency. The market’s high volatility has resulted in…
So far, around $20 million has been paid out two months after Ethereum co-founder Vitalik Buterin contributed about $1 billion in cryptocurrencies to an India Covid relief fund. According to Sandeep Nailwal, a New Delhi-based entrepreneur who formed the India Covid Crypto Relief Fund, which received the contribution, cashing out an illiquid asset, dealing with…
BuyUcoin will list LPNT Coin in INR pair and will open trading for LPNT/INR trading pairs. Users can now start depositing LPNT in preparation for trading withdrawals for LPNT with INR pair. Note: The withdrawal open time is an estimated time for users’ reference. Users can view the actual status on the withdrawal page. What…
Bitcoin Mining Saves Oldest Hydro Power Station in the US The age-old Mechanicville hydro plant built in 1897, became a legendary milestone in the history of sustainable energy after starting Bitcoin mining. The hydro plant was inactive for a while now due to old machinery. Mechanicville hydro plant has decided to partially fuel bitcoin…
